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Bitcoin
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Ethereum
mining wallets have seen declining supply held since the first half of 2024. With this latest mild rebound, look for a jump in their combined supplies as a strong signal the next bull run is approaching.
#BTC
#ETH
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🇺🇸 With US election results ready to being pouring in November 5th, crypto traders are gearing up for volatility and unpredictability. With Bitcoin hovering at $67.9K, there has been a large spike in mentions related to Donald Trump, particularly on X. https://x.com/santimentfeed/status/1853479882438873392/photo/1
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🐳 With this week being headlined by the US announcing the results of a particularly polarizing election (to say the least), crypto traders are 'expecting the unexpected'. This is particularly true with Bitcoin's whales, which have been showing declining amounts of transfers since last week's sudden spike near the top. 📊 Look for these spikes in whale BTC transactions as generally reliable signs of potential price reversals for all of cryptocurrency. ⏳Passivity from whales does not necessitate that prices will go down, as this is a common misconception. Instead, it usually indicates they are awaiting the crowd's reaction to an event and awaiting the volatility that smaller traders create before they join the party.
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🐳 Ethereum's whale activity spiked to a 6-week high as its price declined as low as $2.38K Friday. Historically, this is a sign of accumulation from high capital key stakeholders. Though not a guarantee this will have an immediate effect on prices bouncing, it is encouraging! https://x.com/santimentfeed/status/1849975890991530417/photo/1
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📊 Solana, Jito, Cosmos, and Jupiter have been the notable standouts during a tumutuous up and down week for crypto markets. Data indicates meme coins have drawn increased interest levels while Bitcoin treads water. Assuming markets keep their underwhelming trajectories going into the weekend, expect for sentiment to begin reflecting some much needed FUD, which would in turn imply a market bounce to start next week. 👍
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🧑💻 Here are crypto's top ERC-20 coins by development activity. Directional indicators represent each project's ranking positioning since last month: ➡️1) @chainlink $LINK 🥇 ➡️2) @ethereum $ETH 🥈 📈3) @ethstatus $SNT 🥉 ➡️4) #susd $SUSD 📉5) @synthetix_io $SNX ➡️6) @decentraland $MANA 📈7) @lidofinance $LDO 📈8) @fantom $FTM 📈9) @audius $AUDIO 📈10) @injective $INJ 📖 Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading:
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