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Crypto whale alerts: Track large crypto transactions

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Whale Sells Ethereum After Eight Years of Dormancy

According to BlockBeats, a significant Ethereum transaction has been observed involving a whale address that had been inactive for eight years. The address, which originally received 12,229 ETH from ShapeShift eight years ago, valued at approximately $149,000 with an average price of $12.22 per ETH, has recently become active. Six hours ago, the whale address transferred all its Ethereum holdings to a new address and commenced selling. So far, the address has sold 3,367.5 ETH for a total of $101.6 million, achieving an average price of $3,018 per ETH. Despite these sales, the wallet still retains 8,862 ETH, which is currently valued at around $270 million. This significant movement in the Ethereum market has attracted attention due to the long period of inactivity followed by substantial sales activity.
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New XRP Whale Emerges With Massive Transaction

According to U.Today, a significant transaction involving 104 million XRP has resulted in the emergence of a new XRP whale, a term used to describe large holders of a particular cryptocurrency. This transaction, valued at approximately $56 million, was reported by the blockchain tracking tool Whale Alert. It involved the transfer of 104,035,551 XRP from an unknown wallet to a newly created one. The identities of both the sending and receiving wallets remain undisclosed, adding an element of mystery to the transaction. This development comes at a crucial time for Ripple and the broader XRP ecosystem. Ripple recently published its Q3 2024 XRP Markets Report, which highlighted growth within the XRP ecosystem and the wider cryptocurrency market. In a related update, the XRP Ledger has seen the implementation of the XRPL oracle pricing amendment. This update enables XRPL's native oracles to provide real-time data for key decentralized finance (DeFi) features, such as automated market makers (AMM) and lending protocols, marking a significant advancement for institutional-grade DeFi. In terms of price action, XRP has been trading within a range of $0.487 to $0.566 since the beginning of October, indicating a period of consolidation. At the time of reporting, XRP was trading at $0.509, down 0.2% over the last 24 hours, after recovering from two consecutive days of declines. Despite this slight recovery, XRP remains below $0.53, but the selling pressure appears to be easing at lower levels. Buyers are expected to attempt to push the price above the moving averages, with the first sign of strength being a breakout and close above the 50 and 200 daily moving averages, which are currently at $0.536 and $0.55, respectively. This could signal the start of a rally towards the overhead resistance at $0.64, which may present a significant challenge for the bulls. On the downside, support is anticipated at $0.487 and $0.491, with steeper declines potentially targeting the early August low of $0.432.
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Shiba Inu Sees Surge in Whale Activity, Increasing Investor Interest

According to U.Today, Shiba Inu (SHIB) has experienced a major spike in whale activity, with close to four trillion SHIB transacted in just 24 hours. This sharp rise in high-tier transaction volume highlights renewed interest from large holders, potentially improving investor sentiment and supporting a bullish price trend for SHIB.Whale Activity Signals Potential Price BoostA significant uptick in whale transactions, rising from 895 billion SHIB on October 27 to 3.73 trillion SHIB on October 28, marks a substantial vote of confidence from major players. Such activity often indicates increased confidence among large investors, potentially fostering price stability or even upward momentum.Technical Indicators Show Promising SignsOn the SHIB/USDT chart, SHIB appears to be consolidating above its key moving averages. The convergence between the 50-day and 100-day Exponential Moving Averages (EMAs) has, historically, hinted at breakout potential. This technical setup may indicate a strong base where SHIB could find support, especially with continued whale interest.Key Levels to WatchInvestors should remain cautious, as whale-driven volume spikes have previously led to brief surges followed by corrections. The immediate support levels to watch are $0.000017 and $0.0000165, while resistance stands at $0.0000182. If SHIB can sustain whale interest and break above these levels, a more extended bullish phase could be in store.This resurgence in whale activity makes SHIB a compelling watch for investors interested in tracking large-volume movements and market sentiment.
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