XRP Whales On The Move Again, As Altcoin Records Significant Utility Spikes
In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1. Related Reading: XRP Price Prediction – Topside Bias Vulnerable Unless Bulls Clear This Hurdle Ripple Transfers 75 Million XRP To Unknown Wallet In Whale Buying Spree Through a series of posts by Whale Alert on social media platform X (formerly Twitter), it can be inferred that the XRP market....
Related News
Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started.
Pods of Bitcoin Whales Shrink — Addresses With Small Quantities of Bitcoin Catch the Downward Distribution Cycle
Today, data shows that bitcoin whales are shrinking and metrics from bitinfocharts.com’s top 100 richest bitcoin addresses list compared to a whale count article Bitcoin.com News published on May 14, show....
With the market currently in peril, Ethereum whales are taking this as an opportunity to add more coins to their portfolios. Altcoins have taken the biggest hit in the market and as such have been the focus of these whales who obviously see these tokens as being on discount. They have been focusing on a […]
Chainlink (LINK) managed to trim its week-to-date losses after going down by as much as 10% following massive altcoin price correction a couple of days ago. The crypto, trading at $7.04 according to latest tracking from Coingecko, managed to stop further price bleeding, increasing by 2.1% over the last 24-hours and lowering its seven-day decline to 5.5%. But even with its price woes that made the digital asset fall from its October 2022 high of $7.92, traders appeared to be unfazed. In fact, Santiment shared on its Twitter post that there were three social dominance spikes recorded for....
Data suggest Bitcoin’s price drops at each new all-time high are the result of “mega whales” selling into liquidity. Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms.According to analysts at Material Indicators, a crypto analytics company, mega-whales sold off steeply when Bitcoin hit $40,000 on Jan. 7. This led to a quick 10% drop to the $36,000 area over the next few hours.The dip was quickly bought up, eventually pushing the price above $41,000 in the next 12 hours. However, BTC saw....
Polygon (MATIC) is one of the biggest winners in the crypto market today, with a 15% price increase over the last 24 hours. As NewsBTC reported yesterday, MATIC gave a golden cross signal on the daily chart a few days ago. The last time MATICUSD posted this significant trading signal on the daily chart, the altcoin recorded a massive rally of more than 13,000%. Related Reading: MATIC On The Move After Polygon Tapped By META | MATICUSD November 3, 2022 MATIC had been trading in a sideways channel since mid-July. After the golden cross formed on October 20, MATIC showed small strength.....