Whalestrap
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Hi Guys,
It's Big & Big #alert About $DOGE #Whalestrap Either bull or bear!!!
Dogecoin Whales Signal Bullish Sentiment, Stack Up 200 Million DOGE
Dogecoin whales have purchased another 200 million DOGE since May 30.
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens.
According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez stated that such entities have added a staggering 200 million DOGE to their holdings, signaling a significant accumulation phase since May 30.
Dogecoin has been consolidating within a tight range during this period. After briefly touching highs of $0.174 on May 26, the meme coin declined and has been trading near the $0.16 level.
While a trend reversal is less likely to occur, this hasn’t fazed DOGE whales to amass tokens.
In fact, large investors have been accumulating DOGE for quite some time now. Specifically, during the period from May 29th to May 31st, these entities purchased over 700 million DOGE tokens.
Based on the current market price of Dogecoin, the total value of this acquired DOGE stash is approximately $112 million.
But not everyone is a fan of the meme coin. At the Consensus 2024 conference, Ripple CEO Brad Garlinghouse voiced strong criticisms against Dogecoin, raising doubts about the token’s contributions to the cryptocurrency industry.
Garlinghouse stressed that cryptocurrencies should strive to address real-world problems, which he believes Dogecoin fails to achieve.
Dogecoin’s appeal stems more from speculative fervor than practical use cases. A similar stance was echoed by several market experts who believe that this cohort of tokens dwarfs the efforts of teams focused on developing legitimate products that could potentially drive progress in the industry.
$PEPE
#StartInvestingInCrypto #EarnFreeCrypto2024 #Write2Earrn
It's Big & Big #alert About $DOGE #Whalestrap Either bull or bear!!!
Dogecoin Whales Signal Bullish Sentiment, Stack Up 200 Million DOGE
Dogecoin whales have purchased another 200 million DOGE since May 30.
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens.
According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez stated that such entities have added a staggering 200 million DOGE to their holdings, signaling a significant accumulation phase since May 30.
Dogecoin has been consolidating within a tight range during this period. After briefly touching highs of $0.174 on May 26, the meme coin declined and has been trading near the $0.16 level.
While a trend reversal is less likely to occur, this hasn’t fazed DOGE whales to amass tokens.
In fact, large investors have been accumulating DOGE for quite some time now. Specifically, during the period from May 29th to May 31st, these entities purchased over 700 million DOGE tokens.
Based on the current market price of Dogecoin, the total value of this acquired DOGE stash is approximately $112 million.
But not everyone is a fan of the meme coin. At the Consensus 2024 conference, Ripple CEO Brad Garlinghouse voiced strong criticisms against Dogecoin, raising doubts about the token’s contributions to the cryptocurrency industry.
Garlinghouse stressed that cryptocurrencies should strive to address real-world problems, which he believes Dogecoin fails to achieve.
Dogecoin’s appeal stems more from speculative fervor than practical use cases. A similar stance was echoed by several market experts who believe that this cohort of tokens dwarfs the efforts of teams focused on developing legitimate products that could potentially drive progress in the industry.
$PEPE
#StartInvestingInCrypto #EarnFreeCrypto2024 #Write2Earrn
Hi Guys,
It's Big & Big #alert About $DOGE #Whalestrap of 421 Million DogeCoins !!!
Dogecoin Price: Whale Shifts 421M DOGE Sparking Price Speculations.
The Dogecoin price has recovered some of its losses, amid a massive whale transactions of abount 421 million DOGE. Read on to know more about the potential future movements of DOGE.
Whale Movements Ignite Market Speculation
The meme coin sector has gained notable traction over the past few days, as witnessed by the recent surge in prices.
Notably, Dogecoin has attracted significant traction as investors seem to shift their focus towards the leading meme coin.
The transaction involved a whale identified by the wallet address “DBdiA..9q4dD,” which shifted 421 million DOGE to another unknown wallet. This large movement has led to a flurry of speculation about potential market impacts.
Meanwhile, Whale Alert’s report highlights the transfer, noting the substantial value of the transaction and the potential implications for Dogecoin’s price. Notably, whale movements often signal significant strategic decisions by large holders, which can influence market dynamics.
Considering that investors are closely watching these activities, trying to decipher the intentions behind such massive transfers.
The recent activity has fueled discussions about whether this whale is preparing for a major market move, potentially impacting Dogecoin’s price in the near future.
Dogecoin’s price has been highly volatile recently, with frequent fluctuations driven by market sentiment and large transactions. The recent whale movement of 421 million DOGE has added to the intrigue.
Notably, such large transfers can sometimes precede significant market events, either triggering price increases due to perceived positive sentiment or causing declines if interpreted as a sell-off.
#StartInvestingInCrypto #MemeWatch2024 #EarnFreeCrypto2024
It's Big & Big #alert About $DOGE #Whalestrap of 421 Million DogeCoins !!!
Dogecoin Price: Whale Shifts 421M DOGE Sparking Price Speculations.
The Dogecoin price has recovered some of its losses, amid a massive whale transactions of abount 421 million DOGE. Read on to know more about the potential future movements of DOGE.
Whale Movements Ignite Market Speculation
The meme coin sector has gained notable traction over the past few days, as witnessed by the recent surge in prices.
Notably, Dogecoin has attracted significant traction as investors seem to shift their focus towards the leading meme coin.
The transaction involved a whale identified by the wallet address “DBdiA..9q4dD,” which shifted 421 million DOGE to another unknown wallet. This large movement has led to a flurry of speculation about potential market impacts.
Meanwhile, Whale Alert’s report highlights the transfer, noting the substantial value of the transaction and the potential implications for Dogecoin’s price. Notably, whale movements often signal significant strategic decisions by large holders, which can influence market dynamics.
Considering that investors are closely watching these activities, trying to decipher the intentions behind such massive transfers.
The recent activity has fueled discussions about whether this whale is preparing for a major market move, potentially impacting Dogecoin’s price in the near future.
Dogecoin’s price has been highly volatile recently, with frequent fluctuations driven by market sentiment and large transactions. The recent whale movement of 421 million DOGE has added to the intrigue.
Notably, such large transfers can sometimes precede significant market events, either triggering price increases due to perceived positive sentiment or causing declines if interpreted as a sell-off.
#StartInvestingInCrypto #MemeWatch2024 #EarnFreeCrypto2024
🚨Bitcoin (BTC) Attracts $100 Billion from New Mega Whales in 2024🚨
Julio Moreno, head of research at CryptoQuant, recently announced in a post on X that new Bitcoin whales have injected around $100 billion into the market this year. This influx of funds from high-net-worth individuals and institutional investors signifies a major shift in the cryptocurrency landscape, underscoring growing confidence in Bitcoin’s long-term viability.
According to the latest data, Bitcoin’s price has been down 0.25% over the past 24 hours, trading at $67,734. Over the past week, Bitcoin has remained in a tight trading range of around $68,000 but dipped to approximately $66,584 on Friday.
These new whales, who typically hold significant amounts of BTC, have collectively introduced approximately $100 billion into the Bitcoin market since the start of 2024. This massive inflow reflects a broader accumulation trend, with about $1 billion being added daily to these large wallets.
CryptoQuant’s founder, Ki Young Ju, highlighted on May 31 that current market activities resemble those seen in mid-2020. Back then, a similar wave of whale accumulation preceded a bull run that pushed Bitcoin's price to $69,000 in 2021. The ongoing high on-chain activity and daily $1 billion additions to new whale wallets suggest a potential repetition of history.
The implications of this trend are significant. It points to increased market interest and a potentially bullish outlook among investors. Despite recent low price volatility, the substantial movements by these whales could be setting the stage for another rally. Analysts are closely monitoring Bitcoin’s price resistance around $72,000, with expectations that breaking this level could lead to new all-time highs, possibly reaching $75,000. $BTC
Disclaimer:
Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions.
#btc70k #BTC突破7万大关 #BTC100Ksoon #Bitcoin❗ #Whalestrap
Julio Moreno, head of research at CryptoQuant, recently announced in a post on X that new Bitcoin whales have injected around $100 billion into the market this year. This influx of funds from high-net-worth individuals and institutional investors signifies a major shift in the cryptocurrency landscape, underscoring growing confidence in Bitcoin’s long-term viability.
According to the latest data, Bitcoin’s price has been down 0.25% over the past 24 hours, trading at $67,734. Over the past week, Bitcoin has remained in a tight trading range of around $68,000 but dipped to approximately $66,584 on Friday.
These new whales, who typically hold significant amounts of BTC, have collectively introduced approximately $100 billion into the Bitcoin market since the start of 2024. This massive inflow reflects a broader accumulation trend, with about $1 billion being added daily to these large wallets.
CryptoQuant’s founder, Ki Young Ju, highlighted on May 31 that current market activities resemble those seen in mid-2020. Back then, a similar wave of whale accumulation preceded a bull run that pushed Bitcoin's price to $69,000 in 2021. The ongoing high on-chain activity and daily $1 billion additions to new whale wallets suggest a potential repetition of history.
The implications of this trend are significant. It points to increased market interest and a potentially bullish outlook among investors. Despite recent low price volatility, the substantial movements by these whales could be setting the stage for another rally. Analysts are closely monitoring Bitcoin’s price resistance around $72,000, with expectations that breaking this level could lead to new all-time highs, possibly reaching $75,000. $BTC
Disclaimer:
Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions.
#btc70k #BTC突破7万大关 #BTC100Ksoon #Bitcoin❗ #Whalestrap
Who just bought $POND
Why did it just broke out like this !!! 🧐
Maybe some #Whalestrap or something actually big 🚀
Lets find out
Why did it just broke out like this !!! 🧐
Maybe some #Whalestrap or something actually big 🚀
Lets find out
Hi Guys,
It's Big & Big #alert About 13.53 Billion $DOGE Bought in Critical Situation.
What's The Next #Whalestrap !!!
13.53 Billion Dogecoin Bought at DOGE Critical Support.
Dogecoin's crucial support emerges
Dogecoin, the eighth largest cryptocurrency by market cap has recently seen a significant support level emerge, marked by a substantial volume of 13.53 billion DOGE.
This is where a significant number of Dogecoin addresses hold 13.53 billion DOGE.
According to IntoTheBlock data, 13.53 billion Dogecoin were bought in the range of $0.154 and $0.1673 by 225,990 addresses at an average price of $0.1617.
This critical support level highlighted by on-chain data occurs near the key daily SMA 50 at $0.154. As observed on the daily charts, Dogecoin has seen a battle of bulls and bears above this key level in recent days.
For the first time since mid-April, Dogecoin rose above the daily SMA 50 that had constrained its price, breaching it. Although bears attempted to drive the Dogecoin price below this key level twice since this date, the bulls resisted, signaling that the dips were being bought.
#StartInvestingInCrypto #EarnFreeCrypto2024 #MemeWatch2024
It's Big & Big #alert About 13.53 Billion $DOGE Bought in Critical Situation.
What's The Next #Whalestrap !!!
13.53 Billion Dogecoin Bought at DOGE Critical Support.
Dogecoin's crucial support emerges
Dogecoin, the eighth largest cryptocurrency by market cap has recently seen a significant support level emerge, marked by a substantial volume of 13.53 billion DOGE.
This is where a significant number of Dogecoin addresses hold 13.53 billion DOGE.
According to IntoTheBlock data, 13.53 billion Dogecoin were bought in the range of $0.154 and $0.1673 by 225,990 addresses at an average price of $0.1617.
This critical support level highlighted by on-chain data occurs near the key daily SMA 50 at $0.154. As observed on the daily charts, Dogecoin has seen a battle of bulls and bears above this key level in recent days.
For the first time since mid-April, Dogecoin rose above the daily SMA 50 that had constrained its price, breaching it. Although bears attempted to drive the Dogecoin price below this key level twice since this date, the bulls resisted, signaling that the dips were being bought.
#StartInvestingInCrypto #EarnFreeCrypto2024 #MemeWatch2024
🐋today’s #Whalestrap transactions in the crypto market:
Dogecoin (DOGE): Whales have been active in the DOGE market, with massive transactions totaling over 1.5 billion DOGE in the last 24 hours. This has sparked discussions and speculations among traders and investors1.
Bitcoin (BTC): Crypto whales recently shifted approximately $500 million worth of Bitcoin to new wallets. These large movements caught the attention of the community and raised questions about their intentions2.
Ethereum (ETH): Ethereum whales have also been on the move, transferring significant amounts of ETH. Keep an eye out for further developments as these transactions can impact market sentiment2.
Remember that whale activity can influence market dynamics, but it’s essential to stay informed and make decisions based on thorough research. 🐋💡$BTC
$SOL
Dogecoin (DOGE): Whales have been active in the DOGE market, with massive transactions totaling over 1.5 billion DOGE in the last 24 hours. This has sparked discussions and speculations among traders and investors1.
Bitcoin (BTC): Crypto whales recently shifted approximately $500 million worth of Bitcoin to new wallets. These large movements caught the attention of the community and raised questions about their intentions2.
Ethereum (ETH): Ethereum whales have also been on the move, transferring significant amounts of ETH. Keep an eye out for further developments as these transactions can impact market sentiment2.
Remember that whale activity can influence market dynamics, but it’s essential to stay informed and make decisions based on thorough research. 🐋💡$BTC
$SOL
🚨 Whale alert 🐋 🚨
Over 1B USD in BTC transferred from Kraken to an unknown wallet.
#Whalestrap #BullRunAhead #BTC☀ #btc70k
Over 1B USD in BTC transferred from Kraken to an unknown wallet.
#Whalestrap #BullRunAhead #BTC☀ #btc70k
tik#pepe⚡
"A big cryptocurrency investor (called a 'whale') made a surprising move, selling Pepe Coin (PEPE) after it rose 1014% in four months. The whale made a profit and invested in a new cryptocurrency, Retik Finance (RETIK), which quickly rose 2000% in just a few hours! Pepe Coin's price skyrocketed 1014% in four months, attracting many investors. A well-known crypto whale sold Pepe Coin at the right time, making a big profit. The whale then invested in Retik Finance, which had already raised $32 million in two months. This move surprised many in the crypto community and shows how unpredictable the crypto market can be."
I simplified the text by:
- Breaking up long sentences into shorter ones
- Using simpler vocabulary (e.g., "big cryptocurrency investor" instead of "giant crypto whale")
- Removing technical jargon (e.g., "presale performance")
- Focusing on the main ideas and skipping some details.#ETHETFsApproved #RETIK #Whalestrap #FIT21
"A big cryptocurrency investor (called a 'whale') made a surprising move, selling Pepe Coin (PEPE) after it rose 1014% in four months. The whale made a profit and invested in a new cryptocurrency, Retik Finance (RETIK), which quickly rose 2000% in just a few hours! Pepe Coin's price skyrocketed 1014% in four months, attracting many investors. A well-known crypto whale sold Pepe Coin at the right time, making a big profit. The whale then invested in Retik Finance, which had already raised $32 million in two months. This move surprised many in the crypto community and shows how unpredictable the crypto market can be."
I simplified the text by:
- Breaking up long sentences into shorter ones
- Using simpler vocabulary (e.g., "big cryptocurrency investor" instead of "giant crypto whale")
- Removing technical jargon (e.g., "presale performance")
- Focusing on the main ideas and skipping some details.#ETHETFsApproved #RETIK #Whalestrap #FIT21
Title:Chainlink CEO's $1.3 Billion Bankruptcy: A Cryptocurrency Conundrum ?
In a seismic shock to the cryptocurrency world, Chainlink's CEO, Sergey Nazarov, has filed for bankruptcy, revealing debts totaling a staggering $1.3 billion. The news has sent ripples of uncertainty throughout the industry, as Chainlink has been a cornerstone of blockchain innovation. Nazarov's filing, amidst mounting regulatory pressures, raises profound questions about the future of both the project and the broader crypto landscape ?
Chainlink, renowned for its decentralized oracle network, now faces an existential crisis. The substantial debt burden and leadership vacuum leave investors and stakeholders grappling with uncertainty. Nazarov's pivotal role in Chainlink's development amplifies concerns about the project's ability to pivot and thrive without his guidance ?
The bankruptcy filing underscores the fragility of even the most prominent players in the cryptocurrency market. Chainlink's $1.3 billion debt revelation serves as a stark reminder of the risks inherent in this rapidly evolving sector. As regulatory scrutiny intensifies, the fallout from Nazarov's bankruptcy reverberates beyond Chainlink, prompting reflection on the broader implications for blockchain innovation and investor confidence ?
Moving forward, the cryptocurrency community watches with bated breath as Chainlink navigates this unprecedented challenge. The fate of the $1.3 billion debt and the company's ability to emerge stronger under new leadership remain uncertain, casting a shadow over the future of one of blockchain's brightest stars ?
It's question ?🤭🤭
#LINK🔥🔥🔥 #CZBİNANCE #BinanceSquareFamily #Whalestrap #buythedip $LINK
In a seismic shock to the cryptocurrency world, Chainlink's CEO, Sergey Nazarov, has filed for bankruptcy, revealing debts totaling a staggering $1.3 billion. The news has sent ripples of uncertainty throughout the industry, as Chainlink has been a cornerstone of blockchain innovation. Nazarov's filing, amidst mounting regulatory pressures, raises profound questions about the future of both the project and the broader crypto landscape ?
Chainlink, renowned for its decentralized oracle network, now faces an existential crisis. The substantial debt burden and leadership vacuum leave investors and stakeholders grappling with uncertainty. Nazarov's pivotal role in Chainlink's development amplifies concerns about the project's ability to pivot and thrive without his guidance ?
The bankruptcy filing underscores the fragility of even the most prominent players in the cryptocurrency market. Chainlink's $1.3 billion debt revelation serves as a stark reminder of the risks inherent in this rapidly evolving sector. As regulatory scrutiny intensifies, the fallout from Nazarov's bankruptcy reverberates beyond Chainlink, prompting reflection on the broader implications for blockchain innovation and investor confidence ?
Moving forward, the cryptocurrency community watches with bated breath as Chainlink navigates this unprecedented challenge. The fate of the $1.3 billion debt and the company's ability to emerge stronger under new leadership remain uncertain, casting a shadow over the future of one of blockchain's brightest stars ?
It's question ?🤭🤭
#LINK🔥🔥🔥 #CZBİNANCE #BinanceSquareFamily #Whalestrap #buythedip $LINK
LIVEAnkita-426
--
Haussier
Solana (SOL) is experiencing a bullish trend due to its technical improvements, ecosystem growth, and favorable market sentiment forcing it to reach the market cap of $93.76 billion.
Analysts predict significant price increases, with estimates suggesting SOL could reach up to $270 (SOL) by the end of 2024 .
Factors driving this optimism include Solana's high transaction speeds, low fees, and increased adoption in DeFi and NFT sectors.
Despite past network issues, ongoing updates aim to enhance stability and scalability, boosting investor confidence .
However, potential investors should remain cautious and consider the inherent risks in the volatile cryptocurrency market.
What are your option, comment me🥰
#solanAnalysis #SolanaUSTD #SolanaStrong #altcoins #buythedip
Analysts predict significant price increases, with estimates suggesting SOL could reach up to $270 (SOL) by the end of 2024 .
Factors driving this optimism include Solana's high transaction speeds, low fees, and increased adoption in DeFi and NFT sectors.
Despite past network issues, ongoing updates aim to enhance stability and scalability, boosting investor confidence .
However, potential investors should remain cautious and consider the inherent risks in the volatile cryptocurrency market.
What are your option, comment me🥰
#solanAnalysis #SolanaUSTD #SolanaStrong #altcoins #buythedip
🚨$BTC Update🚨
As expected Btc is moving towards liquidity area between 66/67k.
Meanwhile many Long liquidations occurred but still many has to be taken before market pullback upwards to the highs.
I hope some of you took the opportunity to take some Short positions as I did,while preparing Long entries here and there: good Short on $SOL from 183 to 170,and a nice one on $PEPE from 0,00144 to 0,00135.
Now it’s good time for waiting market to reach liquidity zone,and turn my positions to Long.
I am only keeping open a Short position on Btc until 67k is reached.
#LiquidationFrenzy #Liquidated #liquidity #Whalestrap
As expected Btc is moving towards liquidity area between 66/67k.
Meanwhile many Long liquidations occurred but still many has to be taken before market pullback upwards to the highs.
I hope some of you took the opportunity to take some Short positions as I did,while preparing Long entries here and there: good Short on $SOL from 183 to 170,and a nice one on $PEPE from 0,00144 to 0,00135.
Now it’s good time for waiting market to reach liquidity zone,and turn my positions to Long.
I am only keeping open a Short position on Btc until 67k is reached.
#LiquidationFrenzy #Liquidated #liquidity #Whalestrap
LIVEAbigPlayer
--
Baissier
Buy the rumor,Sell the news 🎯
Sharks of Wall Street are fooling you,once again.
$BTC needs more liquidity to breakthrough 71,3/71,5 and today we will see many Long positions getting liquidated before continuation to highs.
That liquidity is between 66k and 67k,where many SL are,and where a lot of liquidations will occur. 📊
Think like this:Whales are like Banks on traditional trading,they know really well trading rules and trading psychology. So they know how to manipulate the market against you:THINK LIKE A WHALE(or a BANK),NOT LIKE A TRADER 🎯
#tradingtechnique #Whalestrap #liquidation
Sharks of Wall Street are fooling you,once again.
$BTC needs more liquidity to breakthrough 71,3/71,5 and today we will see many Long positions getting liquidated before continuation to highs.
That liquidity is between 66k and 67k,where many SL are,and where a lot of liquidations will occur. 📊
Think like this:Whales are like Banks on traditional trading,they know really well trading rules and trading psychology. So they know how to manipulate the market against you:THINK LIKE A WHALE(or a BANK),NOT LIKE A TRADER 🎯
#tradingtechnique #Whalestrap #liquidation
those who asking about $trb coin its whales coin
keep these mind as we expecting that $trb can hit all time high where as it can possible dump upto $20 like last weeks as we see trb dumped upto $44 dollar and then pumped unexpectedly $149 t
#altcoins #Whalestrap
keep these mind as we expecting that $trb can hit all time high where as it can possible dump upto $20 like last weeks as we see trb dumped upto $44 dollar and then pumped unexpectedly $149 t
#altcoins #Whalestrap
Hi Guys,
It's Big & Big #alert About $BTC #Whalestrap to Crash 50K Soon
Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?
Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases.
Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.
According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each buying cycle over the past month.
This decline in whale accumulation could be worrying for investors, especially as the price of Bitcoin is now trying to hold above $60,000.
Whale Appetite For Bitcoin Dips According To On-Chain Data
Whales, or large investors holding over 1,000 BTC, have accumulated strongly since the beginning of the year, especially during market dips.
This accumulation has largely helped to keep Bitcoin in bullish sentiment and prevented huge price declines. However, IntoTheBlock recently revealed an interesting pattern between these whale wallets in each accumulation phase.
The largest accumulation occurred between March 5 and March 7, when these wallets acquired over 120,000 BTC.
Every succeeding price dip has, however, seen less accumulation than the one before it. Particularly, Bitcoin’s recent dip to $56,000 failed to attract notable whale accumulation.
This drop in buying and selling activity indicates whales may have lost some interest or appetite for accumulating more Bitcoin in the short term.
Whales are buying the dip, but is their conviction dwindling?
🛍️Addresses holding over 1000 BTC have accumulated strongly in recent months, especially during dips.
📈Prices have increased shortly following every accumulation.
Precursor For A Crash To $50,000?
The waning conviction among Bitcoin whales has raised the question of whether Bitcoin could reverse back into a full bearish momentum.
#SolanaMemeCoins #CryptoWatchMay2024 #Write2Earrn
It's Big & Big #alert About $BTC #Whalestrap to Crash 50K Soon
Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?
Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases.
Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.
According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each buying cycle over the past month.
This decline in whale accumulation could be worrying for investors, especially as the price of Bitcoin is now trying to hold above $60,000.
Whale Appetite For Bitcoin Dips According To On-Chain Data
Whales, or large investors holding over 1,000 BTC, have accumulated strongly since the beginning of the year, especially during market dips.
This accumulation has largely helped to keep Bitcoin in bullish sentiment and prevented huge price declines. However, IntoTheBlock recently revealed an interesting pattern between these whale wallets in each accumulation phase.
The largest accumulation occurred between March 5 and March 7, when these wallets acquired over 120,000 BTC.
Every succeeding price dip has, however, seen less accumulation than the one before it. Particularly, Bitcoin’s recent dip to $56,000 failed to attract notable whale accumulation.
This drop in buying and selling activity indicates whales may have lost some interest or appetite for accumulating more Bitcoin in the short term.
Whales are buying the dip, but is their conviction dwindling?
🛍️Addresses holding over 1000 BTC have accumulated strongly in recent months, especially during dips.
📈Prices have increased shortly following every accumulation.
Precursor For A Crash To $50,000?
The waning conviction among Bitcoin whales has raised the question of whether Bitcoin could reverse back into a full bearish momentum.
#SolanaMemeCoins #CryptoWatchMay2024 #Write2Earrn
$TRB coin all time high is almost 600+ dollars and 90%people are liquidate in this coin which crypto #Whalestrap is this what do you thing about it comment on it if you knows some thing #altcoins #BlackRock #TRBTroubles #TraderAlert
Hi Guys,
It's Big & Big #Whalestrap About $SHIB 3 Trillion !!!
Shiba Inu Whale Offloads 3 Tln Coins, Has SHIB Price Topped?
Shiba Inu, the self-proclaimed Dogecoin killer, garnered noteworthy attention today as a whale was registered to offload a whopping 3 Tln coins to Robinhood amid SHIB's price regaining upward momentum
In a riveting turn of events, amid Shiba Inu’s price regaining phenomenal upward momentum in the past 24 hours, a prominent crypto whale has offloaded nearly 3 trillion coins to Robinhood, causing a stir in the crypto community.
This move by the whale, coming in tandem with SHIB’s nearly 10% price rally, has ignited market sentiments that the coin’s price has potentially topped.
The whale transaction, primarily attributable to profit-taking behaviors amid a price rally, has surfaced, causing crypto market traders and investors to speculate over the SHIB’s future price movements. Here’s a closer look into the dog-themed meme coin’s current market statistics.
Whale Data Ignites Investor Concern Orbiting Shiba Inu
As per insights streamlined by the on-chain analytics platform Whale Alert, it was pointed out that 3 trillion SHIB, worth $74.78 million, was shifted to Robinhood today, May 16.
Notably, the unknown address 0x73af3bcf… was registered, making the colossal SHIB transfer.
Following the massive coin dump to Robinhood, SHIB’s price trajectory illustrated a period of sideways trading, per CoinmarketCap’s charts.
This potentially underscores the implications of the substantial selling pressure encountered by SHIB, primarily attributed to the abovementioned colossal whale transaction.
Nonetheless, Shiba Inu has set off bullish waves across the cryptocurrency landscape with its on-chain data underlining a strong market uptrend.
#PEPEATH #Memecoins #SHİB #Write2Earrn
It's Big & Big #Whalestrap About $SHIB 3 Trillion !!!
Shiba Inu Whale Offloads 3 Tln Coins, Has SHIB Price Topped?
Shiba Inu, the self-proclaimed Dogecoin killer, garnered noteworthy attention today as a whale was registered to offload a whopping 3 Tln coins to Robinhood amid SHIB's price regaining upward momentum
In a riveting turn of events, amid Shiba Inu’s price regaining phenomenal upward momentum in the past 24 hours, a prominent crypto whale has offloaded nearly 3 trillion coins to Robinhood, causing a stir in the crypto community.
This move by the whale, coming in tandem with SHIB’s nearly 10% price rally, has ignited market sentiments that the coin’s price has potentially topped.
The whale transaction, primarily attributable to profit-taking behaviors amid a price rally, has surfaced, causing crypto market traders and investors to speculate over the SHIB’s future price movements. Here’s a closer look into the dog-themed meme coin’s current market statistics.
Whale Data Ignites Investor Concern Orbiting Shiba Inu
As per insights streamlined by the on-chain analytics platform Whale Alert, it was pointed out that 3 trillion SHIB, worth $74.78 million, was shifted to Robinhood today, May 16.
Notably, the unknown address 0x73af3bcf… was registered, making the colossal SHIB transfer.
Following the massive coin dump to Robinhood, SHIB’s price trajectory illustrated a period of sideways trading, per CoinmarketCap’s charts.
This potentially underscores the implications of the substantial selling pressure encountered by SHIB, primarily attributed to the abovementioned colossal whale transaction.
Nonetheless, Shiba Inu has set off bullish waves across the cryptocurrency landscape with its on-chain data underlining a strong market uptrend.
#PEPEATH #Memecoins #SHİB #Write2Earrn
