$480 Million In 2 Weeks? XRP Whale Movements Could Reveal The Next Price Dire...
On-chain data shows that XRP whales are currently offloading their coins, which paints a bearish outlook for the altcoin. This comes as XRP struggles to stay above the psychological $3 level and risks dropping to new lows. XRP Whales Offload $480 Million Coins In Two Weeks Santiment data shows that XRP whales have dumped 160 million coins ($480 million) since around September 4, when their holdings peaked at around 6.95 billion. Since then, their XRP holdings have dropped from 6.95 billion to around 6.77 billion. These whales hold between 1 million and 10 million tokens. Related Reading:....
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A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo. Details Of The Whale Transfer Shiba Inu’s ecosystem is home to many whale investors, and transactions among these whales are not uncommon. Over the past few months, there have been huge transfers of SHIB from various whale addresses. This latest SHIB whale transfer was first spotted by....
New data from Whalemap reveals three whale clusters around $12K that should act as support and resistance areas for Bitcoin price in the short term. According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels. For instance, Cointelegraph reported that a whale sold at $12,000 after “HODLing” for years. In the next few....
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. What are the common crypto whale tracking tools?Whale tracking tools like Whale Watchers, Whale Bot Alerts and others can help investors spot whale action and make quick and timely decisions.Whale tracking tools come with different capabilities, some can be just a simple window on top of a blockchain, while others have analytics and charting capabilities across multiple blockchains. Some only cover crypto whale tracking, while others offer....
XRP could continue a price correction in the short term as recent price action has put it rebounding against a resistance level of $0.5. On-chain data has also revealed a row of transactions from whales of the cryptocurrency in the past 24 hours, but are they bullish or bearish on XRP? These large transactions have been a mix of both, although the trading volume of each transaction could point to them being bearish rather than bullish. XRP Whales On The Move Large XRP transactions, often indicators of whale activity, have spiked recently. XRP has seen some major whale movements over the....
Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people assume that decade-old coinbase spends could stem from Satoshi Nakamoto. However, even though estimates say Nakamoto mined over a million bitcoin, many other network participants mined millions of coins as well. 2010 Saw CPU and GPU Mining, Alongside Extremely Low Hashrate and Difficulty On June 9,....