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Showing posts with the label whales

Chainlink (LINK) Price Stalls: When Can it Reach $20?

Chainlink (LINK) price has stalled around $15 in the past week, dipping 2% in the last seven days. Experts were bullish on LINK in the altcoin season, suggesting it could potentially reach $20. The asset recently reclaimed $16, but has since corrected under that mark, concerning investors. LINK hit $16 thanks to heightened weekly exchange outflows worth approximately $11.27 million. Last week, the crypto industry saw Bitcoin experience a game-changing surge that could ignite a shifting sentiment for the industry. Indeed, the asset reached a new all-time high of $111,000 before retreating to close the week. That is a driving reason behind bulls grabbing hold of LINK’s momentum. Traders are eyeing key levels on the LINK/USDT charts for where Chainlink could go next. LINK currently faces resistance in 2025 at $20, a level where sellers have stepped in before. A push past that could send LINK toward a $25–$26 area. Beyond lies a mid-term target of $28–$30, matching late-2024 highs. Al...

Solana faces rising short interest as bears step in

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Solana (SOL) short interest has risen over the past week, in tandem with the cryptocurrency’s move to the upside following a two-week period of range-bound trading. As of May 14, 51.39% of the futures positions opened within the last 24 hours have been shorts, marking a noticeable change from May 8, when Solana’s short interest reached a low of 48.34%, according to data retrieved from crypto Analysis platform Coinglass .  Solana short interest 1-month chart. Source: Coinglass Short interest now sits at a one-month high, raising concerns that Solana’s recent rally, which has seen prices increase by 35.92% in the past month, may face near-term resistance. SOL price 1-month chart. Source: Finbold Is the increase in Solana short interest a sign that the SOL rally is coming to an end? Despite the increase in short interest, it remains unlikely that SOL’s recent price action will see a true reversal in the short term. Before the rally, whales loaded up on Solana...

XRP exchange reserves rocket to 1-month high

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Summary ⚈ XRP exchange reserves surged 4.11% to a 1-month high of 2.84 billion. ⚈ Ripple’s SEC settlement news boosted XRP’s price from $2.14 to $2.34. ⚈Whales moving XRP to exchanges hints at potential selling pressure ahead. XRP exchange reserves reached a 1-month high on May 10, when some 2,845,253,166 tokens were being held on exchanges. This represents a noticeable surge of 4.11% since May 6, when the exchange reserves totalled 2,732,839,565 XRP, per data retrieved by Finbold from on-chain analytics platform CryptoQuant . XRP exchange reserves chart. Source: CryptoQuant By press time on May 12, XRP exchange reserves had diminished slightly, down to 2,838,110,274. Elevated XRP exchange reserves could hint at post-rally profit taking In the same timeframe that saw a 4.11% increase in XRP exchange reserves, the price of XRP increased from $2.14 to $2.34, following a key development in the Ripple v. SEC case on May 8, when the Securities a...

Goatseus Maximus Price Soars 20% As Whales Swap FARTCOIN For GOAT, But Traders FOMO Buy This ICO With Only 4 Days Left

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The Goatseus Maximus price surged over 20% in the last 24 hours to trade at $0.3263 as of 6:06 a.m. EST as investors go long on the meme coin. This uptick in the GOAT price comes after a crypto whale swapped $1.2 million worth of Fartcoin (FARTCOIN) for GOAT. On-chain analytics platform Lookonchain flagged the transaction in a Jan. 23 X post, and said that the large crypto investors swapped 902,374 FARTCOIN for 3.07 million GOAT. A whale swapped all 902,374 $Fartcoin($1.2M) for 3.07M $GOAT 2 hours ago.https://t.co/lw7zNKQ1KT pic.twitter.com/HhwMRJzwd6 — Lookonchain (@lookonchain) January 23, 2025 Along with the swap mentioned in Lookonchain’s post, Andy Ayrey from Truth Terminal revealed in an X post of his own that the project dumped its holdings in FARTCOIN to increase its holdings in GOAT as well. Goatseus Maximus Price Trying To Flip Resistance 4-hour chart for GOAT/USD (Source: GeckoTerminal ) The Goatseus Maximus price is attempting to overcome the resistanc...

Crypto All-Stars Presale Raises $18.6M with Over $1 Million in Daily Inflows – Less Than 4 Days Left

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Crypto All-Stars, the new low-cap meme coin, is generating strong hype and FOMO ahead of its December launch, raising $18.6 million in its presale with over $1 million in daily inflows. This surge in interest has placed Crypto All-Stars in the spotlight as it joins a growing list of meme coins with explosive presale launches. Notably, it follows in the footsteps of Pepe Unchained, which achieved one of the best presale performances of 2024 with similar volume numbers. With only 3 days and 20 hours remaining until the presale ends, now is the time to act if you’re considering getting involved in this fast-growing project. After the presale, Crypto All-Stars will launch, and its market entry could trigger a surge in value. The ICO market is heating up, and Crypto All-Stars stands in a strong position to capitalize on this momentum. Whales and retail investors fuel Crypto All-Stars presale surge The demand for low-cap meme coins is soaring ahead of the upcoming meme coin superc...

Trader Nets Over 10,000,000% in Profits on Dogecoin and Shiba Inu Competitor in Just 20 Months: Lookonchain

Blockchain tracker Lookonchain says one savvy crypto trader gained a 10,000,000% profit in less than two years on a Dogecoin (DOGE) and Shiba Inu (SHIB) rival. According to Lookonchain, one anonymous trader turned just $70.40 into $7.06 million in only 20 months by purchasing memecoin Pepe (PEPE) in the early days. “An early buyer who spent only 0.035 ETH ($70.40) to buy 2.61 trillion PEPE ($57.3 million currently) deposited the remaining 189.4 billion PEPE($4.15M) to Kraken [on Thursday]. Even though he sold most of his PEPE early on, he turned $70.40 into $7.06 million – a return of over 100,000x.” Lookonchain also noticed other large Pepe holders realizing massive profits this week. One Pepe trader was spotted realizing a gain of more than 3,018%. “After holding for over a year, this trader turned $241,500 into $7.53 million! This trader withdrew 375.65 billion PEPE ($241,500 at that time) from Gemini on Sept 20th, 2023, and sold 19.55...

This indicator is a clear sign of Bitcoin surging past $100,000

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As Bitcoin (BTC) hovers near $100,000, momentum indicators suggest the asset will likely see further upside beyond this much-anticipated level. In this case, a key indicator to watch is the Relative Strength Index (RSI), which, at around 82, suggests that Bitcoin is in the overbought zone.  However, the RSI remains below the extreme highs observed during Barchart’s over the last two years, as highlighted by Barchart’s Analysis on November 23. Picks for you New crypto opportunity for investors who missed XRP and ADA price rally 2 hours ago R. Kiyosaki slams gold's 'Mr. Big Mouth No Balls' for criticizing MicroStrategy's BTC plan 3 hours ago ...

Apecoin (APE) To Surge By 238%: Here's When

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The cryptocurrency world is full of surprises. The market is truly unprecedented in all shapes and forms and sometimes pushes coins into the center out of nowhere. The aforementioned development happened with Apecoin this week, as the token suddenly skyrocketed to gain mainstream momentum. With Ape touching new price highs, the token is predicted to surge by nearly 238%; here’s when it may touch a new ATH. Also Read: Bitcoin: Here’s What Elon Musk’s Tesla Is Doing With Its BTC ApeCoin Leads Market Gains with Strong 24-Hour Performance Source: Forkast As per Santiment, Apecoin has emerged as the next best-performing coin in the last 24 hours. The token has noted significant whale activity, with two large deposits conducted on Binance and OkEx. The portal shared how nearly $11.8 million worth of Ape was moved into OkEx, followed by another almost $7.7 million worth of Ape being pushed into Binance. “So it’s clear that whales were reacting to the more than 2x price move by Apec...

Cardano: Will ADA Hit $2 Before 2025?

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Cardano (ADA) has long been consolidating and waiting to show potential breakout streaks. At press time, the token was sitting at a price level of $0.34 and had been stuck between the price range of $0.30 and $0.45 for a long time. With the Chang hard fork under work, the token may significantly take an unexpected turn, which may catapult its price shortly. But the real question is, will ADA be able to hit $1 in 2024 and $2 in 2025? Also Read: Shiba Inu: SHIB To Spike 498% In A New Bullish Divergence Analysts Are Positive About ADA’s Price Recovery Amid Cardano’s slow price pace, notable crypto analyst Dan Gambardello has shared a short post on X. Per the analyst, ADA whales could be a game changer for the token, provided they come into play to push the token price metrics. Historical Price Surge According to Gambardello, ADA’s price shot up to $1.50 from $0.33 in the same month in 2021. The development above can be repeated, provided the ADA whales stir the token’s price up a not...

XRP whales make a splash: 10K+ wallets skyrocket to 6-month high

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Amid positive predictions for the price of the XRP Ledger (XRP) token in the next few month s, the cryptocurrency market’s largest traders seem to be doing their part to help its recovery, evident in the massive surge in the number of crypto wallets holding at least 10,000 XRP. Indeed, the number of wallets holding 10,000 XRP or more has skyrocketed in the past five weeks, reaching the number of 279,400 such addresses, which also marks a six-month high, according to the data shared by blockchain and crypto market intelligence platform Santiment in an X post on July 31. XRP 10K+ wallets vs. price chart. Source: Santiment Furthermore, the Santiment team has observed that the “correlation between these wallets and XRP’s market value has been undeniable throughout 2024,” suggesting that the rise in the number of shark and whale XRP addresses is a bullish signal for the crypto asset in line with analysts’ expectations. ...

Tellor’s TRB liquidations soar to $70m amid market manipulation concerns

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Whales have allegedly wiped out both long and short positions in TRB, causing the token’s price to plunge from $600 down to $135 in a matter of a few hours. On Jan. 1, TRB, the native token of Tellor, suffered a staggering 70% decline from its all-time high of $600 earlier in the day, according to CoinGecko data. The market turmoil ensued after whales executed substantial liquidations of both long and short positions, as reported by crypto tracking service Spot On Chain. TRB price in USD | Source: CoinGecko Over the past 24 hours, CoinGlass recorded a total of $233 million in liquidations , with TRB accounting for more than $73 million. Token liquidation heatmap | Source: CoinGlass You might also like: Tellor up 39% from yesterday, analyst points to manipulation Notably, HTX (formerly Huobi) emerged as the largest dumper of TRB positions as of Dec. 31, with over $15 million in TRB shorts opened on the exchange. OKX and Binance followed, with $12.1 millio...

Crypto whales opting for utility in Everlodge, Aptos, and Near Protocol

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In crypto, “ whales ” are individuals or entities who hold large quantities of tokens or non-fungible token (NFT) collections. Like their aquatic namesakes, they tend to be influential and often trigger significant ripples within the market.  Noteworthy crypto assets that have captured the attention of whales include Everlodge (ELDG), Aptos (APT), and Near Protocol (NEAR).  Their utility and potential make these assets popular among investors who follow whale strategies. Aptos a layer-1 scaling solution Crypto whales are frequently drawn to pioneering projects that address challenges. Aptos (APT) is a layer-1 scaling solution.  Developed using the Move programming language, the platform provides high throughput and robust security in decentralized finance (defi).  You might also like: Aptos, Microsoft partner to fuse AI with blockchain In contrast to Bitcoin’s processing capacity of approximately seven transactions per second (TPS...

Chainlink Emerges as 5th Most Developed Crypto Protocol

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For the most part of 2023, Chainlink has been trading in the $6-$7 range. In June, it dropped to a low of $4.7 but swiftly recovered. Despite the price fluctuations, LINK has been in Contango since Q2 2023. It has not stepped into the Backwardation yet. To contextualize, Contango and Backwardation are futures curves that depict the pattern of prices over time. A market is considered to be in Contango when the futures price is above the expected spot price. This is usually a bullish sign. Contrarily, when the futures price hovers below the expected spot price, then the market is considered to be in backwardation and is a bearish sign. Thus, with the LINK market consistently in Contango, it can be contended that traders expect the asset’s price to rise over time. Source: IntoTheBlock Also Read: Bitcoin Must Surpass $98,000 for Miner’s Sustainability in 2024 Amid the bullish sentiment, WHALES and Sharks have been accumulating LINK. A recent Analysis by Santi...