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Dogecoin Whales Accumulate a Massive 3 Billion DOGE in 24 Hours
According to data from IntoTheBlock, in the past 24 hours, a total of 2.96 billion DOGE flowed into the wallets of large Dogecoin investors—those who hold at least 0.1% of the circulating supply. For comparison, the amount was only 563.83 million DOGE in the previous 24 hours.
Daily Inflow Surges Over 425%
Within a single day, the DOGE inflow rose by 425.65%, representing an increase of 2.396 billion DOGE. During this period, the price of this popular meme cryptocurrency peaked with a 29.69% gain.
DOGE Outflows Also Showed Significant Growth
Interestingly, the volume of DOGE outflows from large wallets also rose significantly to 2.15 billion DOGE during the day. The previous day, the outflow was 1.42 billion DOGE, marking an increase of 51.4%, or 730 million DOGE.
Despite the increase in outflows, the amount of DOGE flowing into large wallets remained much higher, signaling a strong buying interest.
Positive Net Flow: 811 Million DOGE
The result of these shifts was a positive net flow of 811.45 million DOGE, a sharp contrast to the -856.14 million DOGE seen the previous day.
Strong Accumulation Reflects Whale Confidence
Despite the selling pressure, this wave of DOGE accumulation highlights the continued interest in Dogecoin among large investors. In just one day, 2.96 billion DOGE were added to their wallets, indicating strong confidence among Dogecoin whales in its short-term growth.
Dogecoin Gains Popularity Among Big Players
This massive increase in whale activity positions Dogecoin as a favored choice among large holders in the current cryptocurrency market.
#doge⚡ , #DogecoinCommunity , #cryptowhales , #DogeForever , #CryptoNews🚀🔥
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Daily Inflow Surges Over 425%
Within a single day, the DOGE inflow rose by 425.65%, representing an increase of 2.396 billion DOGE. During this period, the price of this popular meme cryptocurrency peaked with a 29.69% gain.
DOGE Outflows Also Showed Significant Growth
Interestingly, the volume of DOGE outflows from large wallets also rose significantly to 2.15 billion DOGE during the day. The previous day, the outflow was 1.42 billion DOGE, marking an increase of 51.4%, or 730 million DOGE.
Despite the increase in outflows, the amount of DOGE flowing into large wallets remained much higher, signaling a strong buying interest.
Positive Net Flow: 811 Million DOGE
The result of these shifts was a positive net flow of 811.45 million DOGE, a sharp contrast to the -856.14 million DOGE seen the previous day.
Strong Accumulation Reflects Whale Confidence
Despite the selling pressure, this wave of DOGE accumulation highlights the continued interest in Dogecoin among large investors. In just one day, 2.96 billion DOGE were added to their wallets, indicating strong confidence among Dogecoin whales in its short-term growth.
Dogecoin Gains Popularity Among Big Players
This massive increase in whale activity positions Dogecoin as a favored choice among large holders in the current cryptocurrency market.
#doge⚡ , #DogecoinCommunity , #cryptowhales , #DogeForever , #CryptoNews🚀🔥
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Ethereum Holder Turns $38,000 into $30 Million After 8 Years
An Ethereum whale has moved their funds for the first time in eight years, achieving an 800-fold gain as #ETH🔥🔥🔥🔥 price surpassed $2,800.
Ether rose over 9% in the past 24 hours, reaching a 13-week high of $2,880 on November 7.
Ethereum Whale Sees Massive Gains After Eight Years
In 2016, this #etherreum whale purchased over 11,000 ETH and has now realized substantial profits as a result.
Whale Bought 11,000 ETH at Just $3.46 Each
In February 2016, ETH traded between $2.1 and $6.6 per token. At that time, the whale bought 11,005 ETH on the ShapeShift exchange at an average price of $3.46, investing a total of $38,000.
After holding the tokens for more than eight years, the whale finally decided to cash out, moving 11,005 ETH on November 7, with the price at $2,777, reaching a potential gain of $30.52 million — more than 800 times the original investment.
Potential Profits at Historical Highs
If the whale had sold their ETH at the peak of the 2021 bull market when Ether reached $4,800, their gains would have exceeded $52.8 million. Similarly, if they had sold in May of this year, when ETH hit $4,000, they would have made around $44 million.
ETH Balance on Exchanges Increases
Large-scale sales often lead to an increase in the amount of ETH held on exchanges. Over the past week, the ETH balance on exchanges has risen from 18.8 million (October 31) to 19.2 million (November 7).
This surge was particularly noticeable from November 5 to November 7, as Ether’s price rose above $2,800, indicating possible profit-taking during the recent price increase.
Could Ether Break the $4,000 Mark?
Despite signs of profit-taking and increased exchange balances, optimism remains high due to positive flows in Ethereum ETFs.
"Ether’s price appears poised to break out of this rising wedge pattern," said well-known crypto analyst CryptoJack, who shared a chart on X on November 7 indicating a potential price breakout toward $4,000.
As CryptoJack noted: “Once that happens, there’s nothing stopping $ETH from reaching $4,000!”
#cryptowhales , #EthereumWhales , #Cryptocurrencies
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Ether rose over 9% in the past 24 hours, reaching a 13-week high of $2,880 on November 7.
Ethereum Whale Sees Massive Gains After Eight Years
In 2016, this #etherreum whale purchased over 11,000 ETH and has now realized substantial profits as a result.
Whale Bought 11,000 ETH at Just $3.46 Each
In February 2016, ETH traded between $2.1 and $6.6 per token. At that time, the whale bought 11,005 ETH on the ShapeShift exchange at an average price of $3.46, investing a total of $38,000.
After holding the tokens for more than eight years, the whale finally decided to cash out, moving 11,005 ETH on November 7, with the price at $2,777, reaching a potential gain of $30.52 million — more than 800 times the original investment.
Potential Profits at Historical Highs
If the whale had sold their ETH at the peak of the 2021 bull market when Ether reached $4,800, their gains would have exceeded $52.8 million. Similarly, if they had sold in May of this year, when ETH hit $4,000, they would have made around $44 million.
ETH Balance on Exchanges Increases
Large-scale sales often lead to an increase in the amount of ETH held on exchanges. Over the past week, the ETH balance on exchanges has risen from 18.8 million (October 31) to 19.2 million (November 7).
This surge was particularly noticeable from November 5 to November 7, as Ether’s price rose above $2,800, indicating possible profit-taking during the recent price increase.
Could Ether Break the $4,000 Mark?
Despite signs of profit-taking and increased exchange balances, optimism remains high due to positive flows in Ethereum ETFs.
"Ether’s price appears poised to break out of this rising wedge pattern," said well-known crypto analyst CryptoJack, who shared a chart on X on November 7 indicating a potential price breakout toward $4,000.
As CryptoJack noted: “Once that happens, there’s nothing stopping $ETH from reaching $4,000!”
#cryptowhales , #EthereumWhales , #Cryptocurrencies
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Three Dormant Ethereum Addresses Sell 44,706 ETH After Recent Price Surge
Three long-dormant Ethereum addresses suddenly became active, selling a large amount of ETH following a sharp increase in its price.
This week has brought a number of interesting developments to the crypto market. Among the highlights was the announcement of over 200 pro-crypto candidates running for various public offices in the United States, including the presidency.
The announcement contributed to a surge in the prices of cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). Although ETH did not reach a new all-time high like BTC, it still climbed to nearly $2,900.
Ethereum Whales Awaken After 8 Years of Inactivity
The owners of three dormant Ethereum addresses took advantage of the recent price increase to sell off part of their ETH holdings. In total, these long-inactive addresses sold 44,706 ETH following the price surge.
ICO Whales Return After Years of Dormancy
Blockchain analytics platform Spot On Chain drew attention to two long-term ETH holders who sold a total of 33,701 ETH worth approximately $89.72 million.
The first transaction was conducted by an Ethereum ICO participant with the address "0xB8c." This address had been inactive since the ICO but reactivated when the ETH price approached $2,700. The user transferred 25,000 ETH to the Kraken exchange, where they sold it for $65.67 million at an average price of $2,627 per ETH. Despite this large sale, the user still holds about 64,450 ETH worth $181.2 million.
Another address identified by Spot On Chain, "0x0c1," had been inactive for 8.75 years before it sold over 8,000 ETH. This address had been dormant since April 2016, and with the recent ETH price surge, the whale sold 8,701 ETH for USDC, valued at $24.05 million. The address still holds 2,304 ETH (worth $6.49 million), realizing a profit of $30.48 million, representing a 68,900% return on investment.
Early Ethereum Investor Sells 11,005 ETH with 80,200% ROI
Another Ethereum whale with the address "0xd82," inactive for eight years, gained $30.56 million after selling 11,005 ETH at an average price of $2,777. Following this transaction, the address now holds zero ETH. Blockchain analytics platform Lookonchain indexed this transaction, noting that the whale has been a long-term ETH investor since 2016.
Back then, this whale acquired all 11,005 ETH via the ShapeShift platform at a price of $3.46 per unit, spending approximately $38,000. This trade earned the whale a profit of $30.52 million, marking an 80,200% return on investment.
Other Ethereum Whales Benefit from ETH Price Surge
Besides these major transactions, other Ethereum whales have also profited from the recent price increase. Currently, ETH is trading at $2,846, reflecting a 9.71% increase over the past 24 hours.
#etherreum , #ETH🔥🔥🔥🔥 , #cryptowhales , #CryptoTransactions , #Cryptocurrencies
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
This week has brought a number of interesting developments to the crypto market. Among the highlights was the announcement of over 200 pro-crypto candidates running for various public offices in the United States, including the presidency.
The announcement contributed to a surge in the prices of cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). Although ETH did not reach a new all-time high like BTC, it still climbed to nearly $2,900.
Ethereum Whales Awaken After 8 Years of Inactivity
The owners of three dormant Ethereum addresses took advantage of the recent price increase to sell off part of their ETH holdings. In total, these long-inactive addresses sold 44,706 ETH following the price surge.
ICO Whales Return After Years of Dormancy
Blockchain analytics platform Spot On Chain drew attention to two long-term ETH holders who sold a total of 33,701 ETH worth approximately $89.72 million.
The first transaction was conducted by an Ethereum ICO participant with the address "0xB8c." This address had been inactive since the ICO but reactivated when the ETH price approached $2,700. The user transferred 25,000 ETH to the Kraken exchange, where they sold it for $65.67 million at an average price of $2,627 per ETH. Despite this large sale, the user still holds about 64,450 ETH worth $181.2 million.
Another address identified by Spot On Chain, "0x0c1," had been inactive for 8.75 years before it sold over 8,000 ETH. This address had been dormant since April 2016, and with the recent ETH price surge, the whale sold 8,701 ETH for USDC, valued at $24.05 million. The address still holds 2,304 ETH (worth $6.49 million), realizing a profit of $30.48 million, representing a 68,900% return on investment.
Early Ethereum Investor Sells 11,005 ETH with 80,200% ROI
Another Ethereum whale with the address "0xd82," inactive for eight years, gained $30.56 million after selling 11,005 ETH at an average price of $2,777. Following this transaction, the address now holds zero ETH. Blockchain analytics platform Lookonchain indexed this transaction, noting that the whale has been a long-term ETH investor since 2016.
Back then, this whale acquired all 11,005 ETH via the ShapeShift platform at a price of $3.46 per unit, spending approximately $38,000. This trade earned the whale a profit of $30.52 million, marking an 80,200% return on investment.
Other Ethereum Whales Benefit from ETH Price Surge
Besides these major transactions, other Ethereum whales have also profited from the recent price increase. Currently, ETH is trading at $2,846, reflecting a 9.71% increase over the past 24 hours.
#etherreum , #ETH🔥🔥🔥🔥 , #cryptowhales , #CryptoTransactions , #Cryptocurrencies
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
What Profits Did Giant Whales Make From Million-Dollar Bets on Trump’s Victory?
Trump’s Victory and Bitcoin Price Drop
Trump’s victory, with leads in multiple U.S. states, brought substantial profits to major investors who bet on his triumph. When Trump addressed his supporters in West Palm Beach to announce his win, he omitted any mention of Bitcoin and cryptocurrencies in his speech. This omission led to a drop in Bitcoin’s price, yet investors betting on Trump still made millions.
Whales Bet on Trump and Earn Millions
On-chain data analysis platform Lookonchain revealed how much whales who invested in Trump’s victory earned. Specifically, a whale known as “Theo4” recorded a profit of $20.4 million, “Fredi9999” gained $15.6 million, and “zxgngl” added $11 million to their accounts.
“Congratulations to Donald Trump!
And congratulations to the whales who bet on Trump!
“Theo4” made $20.4 million in profit!
“Fredi9999” made $15.6 million in profit!
“zxgngl” made $11 million in profit!”
While Trump’s Whales Profit, Bets on Kamala Harris Suffer Losses
While Trump-focused investors reaped significant gains, a whale who placed $5 million USDC on Kamala Harris’s victory is experiencing steep losses. According to Lookonchain data, this whale’s current loss is $4.9 million, equating to a drop of 97.7%.
#cryptowhales , #CryptoNews🚀🔥 , #USElections2024Countdown , #Whaletraders , #CryptoNewsCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Trump’s victory, with leads in multiple U.S. states, brought substantial profits to major investors who bet on his triumph. When Trump addressed his supporters in West Palm Beach to announce his win, he omitted any mention of Bitcoin and cryptocurrencies in his speech. This omission led to a drop in Bitcoin’s price, yet investors betting on Trump still made millions.
Whales Bet on Trump and Earn Millions
On-chain data analysis platform Lookonchain revealed how much whales who invested in Trump’s victory earned. Specifically, a whale known as “Theo4” recorded a profit of $20.4 million, “Fredi9999” gained $15.6 million, and “zxgngl” added $11 million to their accounts.
“Congratulations to Donald Trump!
And congratulations to the whales who bet on Trump!
“Theo4” made $20.4 million in profit!
“Fredi9999” made $15.6 million in profit!
“zxgngl” made $11 million in profit!”
While Trump’s Whales Profit, Bets on Kamala Harris Suffer Losses
While Trump-focused investors reaped significant gains, a whale who placed $5 million USDC on Kamala Harris’s victory is experiencing steep losses. According to Lookonchain data, this whale’s current loss is $4.9 million, equating to a drop of 97.7%.
#cryptowhales , #CryptoNews🚀🔥 , #USElections2024Countdown , #Whaletraders , #CryptoNewsCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Whales Are Selling Aave: Can the Altcoin Survive This Sell-Off?
Aave is under pressure as large investors, known as whales, are selling off their holdings amidst an overall price decline.
Aave Experiences a Persistent Price Decline
In the past five days, Aave (AAVE) has shown five consecutive red candles on the daily chart, indicating a continuous drop. After reaching a local high of $158 at the end of October, Aave’s price dropped 14% to its current level around $129. Although there is a slight recovery today, Aave is still searching for bullish momentum in a highly volatile market environment.
The broader market is experiencing mild recovery due to events related to the U.S. elections, reflected in Aave’s 1.1% gain today. However, without breaking through key resistance levels, Aave remains vulnerable to further declines.
Whales Are Significantly Selling Off Their Aave Holdings
One of the reasons for Aave’s price drop is a series of large sales from key investors. According to Lookonchain data, significant whale transactions have been directed to exchanges, signaling potential sell-offs.
For example, wallet address 0x7634 moved AAVE worth $3.39 million to the MEXC exchange, possibly indicating an intention to sell. Other notable transactions include a $1.04 million transfer to Binance, a $1.29 million deposit to OKX, and another $1.02 million to Binance over the past 24 hours. These large movements indicate that whales are reducing their Aave positions, putting downward pressure on the asset’s price.
Does AAVE Have a Chance to Survive This Sell-Off?
At the time of writing, Aave has risen by 0.66% and is trading at $129.65. However, over the past seven days, the price has dropped by 15.74%, and its market capitalization has fallen to $1.94 billion.
The daily chart (DMI) confirms a bearish trend: -DI stands at 27.6, indicating strong selling pressure, while +DI is at 13.8, showing weak buying interest. ADX is at 19.8, indicating a low trend strength and a potential period of price consolidation. This situation could provide bulls with an opportunity to reduce selling pressure.
The chart further shows that the current price is holding just above the support level at $126.2. If the price drops below this level, Aave could face another dip below $120.
To reverse sentiment and shift the trend, Aave would need to reach the pivot level at $147.12, representing a 13.5% increase from the current price. Even then, Aave would face additional resistance levels at $160.04, $168.03, and $180.96.
#AAVEprice , #cryptowhales , #CryptoMarketTrend , #AltcoinStrategies , #marketanalysis
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Aave Experiences a Persistent Price Decline
In the past five days, Aave (AAVE) has shown five consecutive red candles on the daily chart, indicating a continuous drop. After reaching a local high of $158 at the end of October, Aave’s price dropped 14% to its current level around $129. Although there is a slight recovery today, Aave is still searching for bullish momentum in a highly volatile market environment.
The broader market is experiencing mild recovery due to events related to the U.S. elections, reflected in Aave’s 1.1% gain today. However, without breaking through key resistance levels, Aave remains vulnerable to further declines.
Whales Are Significantly Selling Off Their Aave Holdings
One of the reasons for Aave’s price drop is a series of large sales from key investors. According to Lookonchain data, significant whale transactions have been directed to exchanges, signaling potential sell-offs.
For example, wallet address 0x7634 moved AAVE worth $3.39 million to the MEXC exchange, possibly indicating an intention to sell. Other notable transactions include a $1.04 million transfer to Binance, a $1.29 million deposit to OKX, and another $1.02 million to Binance over the past 24 hours. These large movements indicate that whales are reducing their Aave positions, putting downward pressure on the asset’s price.
Does AAVE Have a Chance to Survive This Sell-Off?
At the time of writing, Aave has risen by 0.66% and is trading at $129.65. However, over the past seven days, the price has dropped by 15.74%, and its market capitalization has fallen to $1.94 billion.
The daily chart (DMI) confirms a bearish trend: -DI stands at 27.6, indicating strong selling pressure, while +DI is at 13.8, showing weak buying interest. ADX is at 19.8, indicating a low trend strength and a potential period of price consolidation. This situation could provide bulls with an opportunity to reduce selling pressure.
The chart further shows that the current price is holding just above the support level at $126.2. If the price drops below this level, Aave could face another dip below $120.
To reverse sentiment and shift the trend, Aave would need to reach the pivot level at $147.12, representing a 13.5% increase from the current price. Even then, Aave would face additional resistance levels at $160.04, $168.03, and $180.96.
#AAVEprice , #cryptowhales , #CryptoMarketTrend , #AltcoinStrategies , #marketanalysis
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
📈 Crypto #Whales Are Back in Action! 🐋
The latest surge in whale activity is setting the #Crypto world abuzz! We're now seeing the highest whale count since January 2021 and accumulation levels not seen since July 2020 👀
According to a new blog post from CEX.IO, sharks (wallets with 100-1,000 $BTC ) have added over 200,000 $BTC in the last three months!
Historically, this level of shark accumulation has often been a prelude to bullish rallies, as seen 6 months after the halvings in 2016 and 2020.
Could another big rally be on the horizon? 🚀
#cryptowhales #CryptoWhale #WhalesBuying
The latest surge in whale activity is setting the #Crypto world abuzz! We're now seeing the highest whale count since January 2021 and accumulation levels not seen since July 2020 👀
According to a new blog post from CEX.IO, sharks (wallets with 100-1,000 $BTC ) have added over 200,000 $BTC in the last three months!
Historically, this level of shark accumulation has often been a prelude to bullish rallies, as seen 6 months after the halvings in 2016 and 2020.
Could another big rally be on the horizon? 🚀
#cryptowhales #CryptoWhale #WhalesBuying
Whale Accumulates MATIC Despite Price Dropping to New Lows Amid Exchange Delistings
Polygon (#MATIC✅ ) faces uncertainty with its ongoing migration to the new POL token and potential delistings on some exchanges. Nevertheless, a whale has been actively accumulating MATIC from Coinbase, undeterred by current conditions.
Polygon Remains a Leading L2 Chain, but MATIC Token Faces Headwinds
Polygon continues to hold its position as one of the top Layer 2 chains, but its token MATIC is undergoing a challenging period. With the token’s exchange process underway, it’s currently seeking direction amidst a declining price. In recent days, however, a large wallet accumulated over 18.79 million MATIC (worth $6.2 million), transferring MATIC from Coinbase to a liquid wallet containing an additional $54 million in Ethereum (ETH).
Withdrawal from Coinbase and Potential Speculation on Future Value
Experts note that the MATIC withdrawal wasn’t due to migration, as Coinbase allows for an automatic conversion to the new #POLTOKEN . The whale appears to be holding onto MATIC with an eye on potential future gains. Polygon ensures an automatic MATIC-to-POL conversion, safeguarding value during the transition.
Polygon Still Commands Attention Amid Competing L2 Chains
Polygon holds over $1 billion in locked value and supports significant projects like Uniswap and Aave. It currently faces competition from new chains, such as Base, which is quickly gaining traction. In the past, Polygon served as a foundation for various NFT, gaming, and DeFi projects, especially during the 2021 bull market.
Could MATIC or POL See Price Growth?
MATIC is now trading at levels from before the 2021 rally, between $0.35 and $0.40, with a peak of $2.87. Although once crucial for Web3 games, the main applications on Polygon today are less active.
Future Developments and Potential Upgrades for Polygon
Polygon is positioning for further growth with new applications like Polymarket. Polymarket drives transaction volume, yet MATIC’s price remains in the lower range. MATIC holders await a complete transition to POL, which will become Polygon’s primary token.
Migration and POL’s Adoption Questions
The POL token, partly trading at around $0.32, has yet to inspire strong confidence. Polygon also faces aging technology and is considering launching Polygon 2.0 with zero-knowledge capabilities as a way forward. Despite low transaction fees, Polygon is losing active users, with its main chain seeing daily users drop from 1.2 million to around 450,000.
Polygon Remains Cost-Effective but Faces Uncertain Future
Polygon is still among the most affordable chains, with transaction fees starting at $0.002. However, if activities like Polymarket slow down, Polygon could become a “ghost chain,” further driving down the value of MATIC or POL.
#cryptowhales , #Altcoins👀🚀 , #CryptoNews🚀🔥
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Polygon Remains a Leading L2 Chain, but MATIC Token Faces Headwinds
Polygon continues to hold its position as one of the top Layer 2 chains, but its token MATIC is undergoing a challenging period. With the token’s exchange process underway, it’s currently seeking direction amidst a declining price. In recent days, however, a large wallet accumulated over 18.79 million MATIC (worth $6.2 million), transferring MATIC from Coinbase to a liquid wallet containing an additional $54 million in Ethereum (ETH).
Withdrawal from Coinbase and Potential Speculation on Future Value
Experts note that the MATIC withdrawal wasn’t due to migration, as Coinbase allows for an automatic conversion to the new #POLTOKEN . The whale appears to be holding onto MATIC with an eye on potential future gains. Polygon ensures an automatic MATIC-to-POL conversion, safeguarding value during the transition.
Polygon Still Commands Attention Amid Competing L2 Chains
Polygon holds over $1 billion in locked value and supports significant projects like Uniswap and Aave. It currently faces competition from new chains, such as Base, which is quickly gaining traction. In the past, Polygon served as a foundation for various NFT, gaming, and DeFi projects, especially during the 2021 bull market.
Could MATIC or POL See Price Growth?
MATIC is now trading at levels from before the 2021 rally, between $0.35 and $0.40, with a peak of $2.87. Although once crucial for Web3 games, the main applications on Polygon today are less active.
Future Developments and Potential Upgrades for Polygon
Polygon is positioning for further growth with new applications like Polymarket. Polymarket drives transaction volume, yet MATIC’s price remains in the lower range. MATIC holders await a complete transition to POL, which will become Polygon’s primary token.
Migration and POL’s Adoption Questions
The POL token, partly trading at around $0.32, has yet to inspire strong confidence. Polygon also faces aging technology and is considering launching Polygon 2.0 with zero-knowledge capabilities as a way forward. Despite low transaction fees, Polygon is losing active users, with its main chain seeing daily users drop from 1.2 million to around 450,000.
Polygon Remains Cost-Effective but Faces Uncertain Future
Polygon is still among the most affordable chains, with transaction fees starting at $0.002. However, if activities like Polymarket slow down, Polygon could become a “ghost chain,” further driving down the value of MATIC or POL.
#cryptowhales , #Altcoins👀🚀 , #CryptoNews🚀🔥
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🐳 CRYPTO WHALES HAVE BOUGHT THE DIP
Cathie Wood's firm bought $17.8M of $COIN, its first since June 6, 2023, and added $11.2M of $HOOD, its first since February 13.
$ETH ETFs recorded $48.8M in inflows.
$SOL , $DOGE , $MATIC, and $LINK rebounded with double-digit gains.
#cryptowhales #CathieWood #Market_Update #MarketRecovery #TrendingTopic
Cathie Wood's firm bought $17.8M of $COIN, its first since June 6, 2023, and added $11.2M of $HOOD, its first since February 13.
$ETH ETFs recorded $48.8M in inflows.
$SOL , $DOGE , $MATIC, and $LINK rebounded with double-digit gains.
#cryptowhales #CathieWood #Market_Update #MarketRecovery #TrendingTopic
Crypto Whales Are Accumulating These Altcoins: What You Need to Know!
🚀 Crypto Whales Are Accumulating These Altcoins: What You Need to Know! 🚀
As September kicks off, we’ve seen a noticeable slowdown in trading activity, with global crypto market cap dipping by 5%. However, savvy crypto whales are seizing the moment, loading up on key altcoins like Polygon (POL), Ethereum (ETH), and the meme-favorite Pepe (PEPE). 📈💰
🔥 Polygon (POL): Whale Accumulation Surges
After the successful migration of MATIC to POL on September 4th, whale activity around Polygon has exploded. Wallets holding 100,000 to 1,000,000 POL have surged by 90%, now controlling 5% of the total supply. Despite a muted price reaction ($0.38 at the time of writing), whales continue to accumulate—indicating strong confidence in POL’s long-term potential. 🔥💎 #Polygon #Binance #Altcoins
📊 Ethereum (ETH): Battling Resistance
ETH has been facing tough resistance around the $2,560 level, but that hasn’t stopped whales from increasing their holdings. Whale netflow has spiked by 38% in the past week, signaling bullish sentiment. If this accumulation trend continues, we could see Ethereum push past resistance to hit $2,868. Don’t miss out! 🚀💥 #ETH #CryptoTrading
🐸 Pepe (PEPE): Meme Coin Frenzy Continues
Crypto whales are also eyeing Pepe (PEPE), with a record-high 69,000 addresses now holding between 1 million and 10 million tokens. PEPE’s MVRV ratio of -5.67% suggests it’s currently undervalued—a clear “buy the dip” signal for large investors. Pepe holders, are you ready for the next big move? 💥🔥 #Pepe #MemeCoins #Altcoins
Key Takeaways:
Polygon whales are rapidly accumulating despite market fluctuations. Ethereum could break resistance with continued whale accumulation. Pepe shows strong whale interest and an undervalued signal via its MVRV ratio.
🚀 Actionable Steps:
Watch for POL price recovery as whale accumulation intensifies. Keep an eye on ETH for a breakout above $2,560.Consider PEPE as a potential “buy the dip” opportunity.
💬 Join the conversation! What’s your take on these whale moves? Drop your thoughts below! 👇
#cryptowhales #BinanceSquareFamily #AltCoinSeason #Write2Earn!
As September kicks off, we’ve seen a noticeable slowdown in trading activity, with global crypto market cap dipping by 5%. However, savvy crypto whales are seizing the moment, loading up on key altcoins like Polygon (POL), Ethereum (ETH), and the meme-favorite Pepe (PEPE). 📈💰
🔥 Polygon (POL): Whale Accumulation Surges
After the successful migration of MATIC to POL on September 4th, whale activity around Polygon has exploded. Wallets holding 100,000 to 1,000,000 POL have surged by 90%, now controlling 5% of the total supply. Despite a muted price reaction ($0.38 at the time of writing), whales continue to accumulate—indicating strong confidence in POL’s long-term potential. 🔥💎 #Polygon #Binance #Altcoins
📊 Ethereum (ETH): Battling Resistance
ETH has been facing tough resistance around the $2,560 level, but that hasn’t stopped whales from increasing their holdings. Whale netflow has spiked by 38% in the past week, signaling bullish sentiment. If this accumulation trend continues, we could see Ethereum push past resistance to hit $2,868. Don’t miss out! 🚀💥 #ETH #CryptoTrading
🐸 Pepe (PEPE): Meme Coin Frenzy Continues
Crypto whales are also eyeing Pepe (PEPE), with a record-high 69,000 addresses now holding between 1 million and 10 million tokens. PEPE’s MVRV ratio of -5.67% suggests it’s currently undervalued—a clear “buy the dip” signal for large investors. Pepe holders, are you ready for the next big move? 💥🔥 #Pepe #MemeCoins #Altcoins
Key Takeaways:
Polygon whales are rapidly accumulating despite market fluctuations. Ethereum could break resistance with continued whale accumulation. Pepe shows strong whale interest and an undervalued signal via its MVRV ratio.
🚀 Actionable Steps:
Watch for POL price recovery as whale accumulation intensifies. Keep an eye on ETH for a breakout above $2,560.Consider PEPE as a potential “buy the dip” opportunity.
💬 Join the conversation! What’s your take on these whale moves? Drop your thoughts below! 👇
#cryptowhales #BinanceSquareFamily #AltCoinSeason #Write2Earn!
Crypto Whales Shift Focus from SHIB to AI Token with 10,000% Growth Potential
A savvy crypto trader who profited $100 million from Shiba Inu (SHIB) is now predicting a massive 10,000% surge for an AI token currently priced at just $0.03. This rising star, CYBRO, has caught the attention of crypto whales, with its presale soaring past $1.8 million. As a revolutionary DeFi platform on the Blast blockchain, CYBRO offers cutting-edge opportunities like lucrative staking rewards, exclusive airdrops, and cashback on purchases. With a predicted ROI of 1200%, CYBRO is becoming a hot commodity in the crypto market. With only 21% of tokens left and over 80 million already sold, it’s poised to be the next big success in crypto innovation.
#cryptowhales #WhalesBuying #shiba⚡ #SHIBAUSDT
#DOGSONBINANCE
A savvy crypto trader who profited $100 million from Shiba Inu (SHIB) is now predicting a massive 10,000% surge for an AI token currently priced at just $0.03. This rising star, CYBRO, has caught the attention of crypto whales, with its presale soaring past $1.8 million. As a revolutionary DeFi platform on the Blast blockchain, CYBRO offers cutting-edge opportunities like lucrative staking rewards, exclusive airdrops, and cashback on purchases. With a predicted ROI of 1200%, CYBRO is becoming a hot commodity in the crypto market. With only 21% of tokens left and over 80 million already sold, it’s poised to be the next big success in crypto innovation.
#cryptowhales #WhalesBuying #shiba⚡ #SHIBAUSDT
#DOGSONBINANCE
🚨 Dogecoin (DOGE) Update: Whale Activity Plummets! 🚨
Recent data reveals a significant drop in Dogecoin whale activity. Since the start of September, major investors—those holding at least 0.1% of DOGE's supply—have drastically cut their on-chain movements. Here's a breakdown:
📉 **Inflows**: Down by 87.81% from 229.49M to 27.96M DOGE/day
📉 **Outflows**: Dropped by 80.7% from 181.29M to 17.42M DOGE/day
📉 **Net Flow**: Reduced to 10.54M DOGE, a dramatic decrease from previous levels
Historically, September can be tough for cryptocurrencies due to market adjustments post-summer. However, Dogecoin has often performed well during this period, with an average profitability of 11.3% compared to Bitcoin's -6.21%.
Will this reduced whale activity signal a shift in DOGE's performance? As always, major price movements will likely involve big players. Stay tuned! 📈👀
#DogecoinCommunity #cryptoupdates2024 #cryptowhales
Recent data reveals a significant drop in Dogecoin whale activity. Since the start of September, major investors—those holding at least 0.1% of DOGE's supply—have drastically cut their on-chain movements. Here's a breakdown:
📉 **Inflows**: Down by 87.81% from 229.49M to 27.96M DOGE/day
📉 **Outflows**: Dropped by 80.7% from 181.29M to 17.42M DOGE/day
📉 **Net Flow**: Reduced to 10.54M DOGE, a dramatic decrease from previous levels
Historically, September can be tough for cryptocurrencies due to market adjustments post-summer. However, Dogecoin has often performed well during this period, with an average profitability of 11.3% compared to Bitcoin's -6.21%.
Will this reduced whale activity signal a shift in DOGE's performance? As always, major price movements will likely involve big players. Stay tuned! 📈👀
#DogecoinCommunity #cryptoupdates2024 #cryptowhales
Escaping BTC Whales : La Place's Demon Strategy**
#BtcWhales #Whalestrap #BTCWhale #WhalesBuying
#cryptowhales
In the BTC market, whales have been stop-hunting retailers within the 50k-65k liquidity zone. This makes it crucial to protect your capital and avoid gambling.
Despite the market manipulation, we're currently in an expanding descending wedge, a bullish pattern. Recent BTC price increases of 3% and a 34% volume surge indicate further bullish potential.
Though sentiment remains bearish, contrarians may consider a long position, but caution is key as this market is extremely volatile. Stay sharp and patient—timing is everything.
#BtcWhales #Whalestrap #BTCWhale #WhalesBuying
#cryptowhales
In the BTC market, whales have been stop-hunting retailers within the 50k-65k liquidity zone. This makes it crucial to protect your capital and avoid gambling.
Despite the market manipulation, we're currently in an expanding descending wedge, a bullish pattern. Recent BTC price increases of 3% and a 34% volume surge indicate further bullish potential.
Though sentiment remains bearish, contrarians may consider a long position, but caution is key as this market is extremely volatile. Stay sharp and patient—timing is everything.
🐋 Whale Alert! 285,000 LINK Deposited into Binance! 🚀 Rain Eagle Eye reports a specific whale depositing 285,000 LINK into Binance. 📈 The address currently holds 608,000 LINK, with estimated unrealized profits around $2.74 million. Keep an eye on market movements as the whale's activity unfolds! #cryptowhales #LINKPrice #BinanceDeposit
#cryptowhales Crypto whales are individuals or entities that hold significant amounts of cryptocurrency. They often have the power to influence market prices due to the size of their holdings. Whales can both buy and sell large amounts of cryptocurrency, causing volatility in the market.
🐋 The number of large-scale BTC on-chain transactions by Whale Wallet surged to 34,874 between January 3 and 4, valued at over $100,000 each, as reported by Santiment. This marks the highest number since June 12, 2022. 📈💼 #BitcoinTransactions #cryptowhales 🚀📊
🐋 A specific whale address (starting with 0x1111) has deposited 300 ETH ($74 million) and 1.5 million USDC to AAVE, and subsequently borrowed 1,400 BTC ($64 million), as reported by ScopeScan. 🦄💰 #cryptowhales #DEFI 🌐💱
🐋 Three whale addresses withdraw $31.13M ETH from Binance amid 5.24% ETH price drop to $2,224.62. 💸🌊 #cryptowhales #ETHWithdrawal
🐳🐳😱 Big whales are showing interest in these Altcoins, signaling a potential bullish wave ahead! 😱🐳🐳
According to Santiment's on-chain data analysis, whale activity in Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) has more than doubled this week compared to the yearly average. Transactions exceeding $100k on these networks have surged, indicating increased accumulation.
**Cardano ($ADA ) Price Action**
- Since its breakout last year, Cardano has been consolidating in a megaphone pattern.
- It has established strong support above $0.43 and the 50-weekly Moving Average (MA).
- #ADA price against USD appears poised for a significant bullish move.
**Shiba Inu ($SHIB ) Price Action**
- Amid the meme coin craze, Shiba Inu has shown signs of bullish momentum.
- It has formed support around $0.00021, aligning with the 0.618 Fibonacci Retracement.
- $SHIB price is gearing up for a potential pump.
**JasmyCoin (#JASMY)**
- This mid-cap altcoin has a market cap of about $1.8 billion and a daily trading volume of $211 million.
- JasmyCoin's price against USD is showing bullish signals with the weekly RSI around 68 points.
Are you ready for the upcoming moves in these altcoins? Let us know your thoughts in the comments! 🚀📈💬 #altcoins #FIT21 #cryptowhales #StartInvestingInCrypto
According to Santiment's on-chain data analysis, whale activity in Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) has more than doubled this week compared to the yearly average. Transactions exceeding $100k on these networks have surged, indicating increased accumulation.
**Cardano ($ADA ) Price Action**
- Since its breakout last year, Cardano has been consolidating in a megaphone pattern.
- It has established strong support above $0.43 and the 50-weekly Moving Average (MA).
- #ADA price against USD appears poised for a significant bullish move.
**Shiba Inu ($SHIB ) Price Action**
- Amid the meme coin craze, Shiba Inu has shown signs of bullish momentum.
- It has formed support around $0.00021, aligning with the 0.618 Fibonacci Retracement.
- $SHIB price is gearing up for a potential pump.
**JasmyCoin (#JASMY)**
- This mid-cap altcoin has a market cap of about $1.8 billion and a daily trading volume of $211 million.
- JasmyCoin's price against USD is showing bullish signals with the weekly RSI around 68 points.
Are you ready for the upcoming moves in these altcoins? Let us know your thoughts in the comments! 🚀📈💬 #altcoins #FIT21 #cryptowhales #StartInvestingInCrypto
🐋 A specific whale linked to Cumberland deposited 39.26 million ETH ($87.6 million) into Kraken, as reported by 0xScope. This volume remained static for the past 9 months, starting when ETH was at $1450, potentially indicating a profit-taking opportunity of $27 million. 🐳💰 #cryptowhales #ETHDeposit 📊🚀
🔥🐳 **Chainlink (LINK): Riding the Whale Wave for Potential Parabolic Growth!**
Whales are making waves as Chainlink (LINK) sees substantial accumulation, with 83 wallets amassing over 11,097,687 LINKs valued at $216.4 million from Binance. Insights suggest these under-the-radar whales might belong to a single institution, echoing a trend observed in the LINK ecosystem.
📈 **Whale Accumulation Insights:**
Lookonchain data reveals that these 83 wallets, possibly linked to one institution, withdrew a staggering $11,097,687 ($216.4 million) from Binance in the last two weeks. IntoTheBlock (ITB) data supports this, confirming a total accumulation of over $129 million by Chainlink whales in the past 24 hours.
💡 **Chainlink's Allure:**
Chainlink's appeal lies in its mega cash flow and prominent position in the Web3 ecosystem. Ongoing updates, including solutions like the Inter-Chain Interoperability Protocol (CCIP), contribute to Chainlink's attractiveness, drawing interest from both retail and institutional investors.
🚀 **Price Momentum:**
The continuous accumulation by whales has propelled LINK's price, witnessing a 5.99% increase in the last seven days and over 20% in the last 30 days. As of now, LINK is valued at $19.45, showing resilience around the $18.5 price level.
🔍 **Future Expectations:**
Investors find reassurance in the upcoming staking initiative and ongoing collaborations with industry partners, anticipating sustained LINK accumulation in the near and long term.
#Write2Earn #BinanceSqaure #cryptowhales #TrendingTopic
$LINK
Whales are making waves as Chainlink (LINK) sees substantial accumulation, with 83 wallets amassing over 11,097,687 LINKs valued at $216.4 million from Binance. Insights suggest these under-the-radar whales might belong to a single institution, echoing a trend observed in the LINK ecosystem.
📈 **Whale Accumulation Insights:**
Lookonchain data reveals that these 83 wallets, possibly linked to one institution, withdrew a staggering $11,097,687 ($216.4 million) from Binance in the last two weeks. IntoTheBlock (ITB) data supports this, confirming a total accumulation of over $129 million by Chainlink whales in the past 24 hours.
💡 **Chainlink's Allure:**
Chainlink's appeal lies in its mega cash flow and prominent position in the Web3 ecosystem. Ongoing updates, including solutions like the Inter-Chain Interoperability Protocol (CCIP), contribute to Chainlink's attractiveness, drawing interest from both retail and institutional investors.
🚀 **Price Momentum:**
The continuous accumulation by whales has propelled LINK's price, witnessing a 5.99% increase in the last seven days and over 20% in the last 30 days. As of now, LINK is valued at $19.45, showing resilience around the $18.5 price level.
🔍 **Future Expectations:**
Investors find reassurance in the upcoming staking initiative and ongoing collaborations with industry partners, anticipating sustained LINK accumulation in the near and long term.
#Write2Earn #BinanceSqaure #cryptowhales #TrendingTopic
$LINK
