Ethereum Shaves Off A Quarter Of Its Price As Whales Dump $4 Billion In ETH
Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According to tracking from Coingecko, Ethereum is changing hands at $1,332.18, going up by 2.1% over the last 24 hours and tallying an increase of 3.2% over the past week. But the digital asset is still performing badly considering it is nowhere near its all-time high of $4,878 attained on November 10, 2021. By this date last year, the altcoin opened its day with a trading price....
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British grooming brand King of Shaves has started accepting bitcoin payments in a marketing push backed by a few clever puns, including the hashtag '#cuttingedge'. The company is a relatively small player in a big industry, which has been dominated by Gillette and Schick (Wilkinson Sword) for decades. Carving out a small niche in a multibillion dollar duopoly is never easy, so King of Shaves tends to employ clever marketing tactics, ranging from sponsorship deals with athletes and powerboat racers through savings bonds dubbed 'shaving bonds' to its über-cool URL: www.shave.com. Now the....
Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
Ethereum whales have been shedding some weight in the last couple of weeks. This time around, their focus has rested on the popular meme coin Shiba Inu, which continues to boast a very active community, but the price has refused to follow the same direction. Following the downtrend, Ethereum whales which have always seemed to […]
An Ethereum whale dumping as much as 4,000 ETH on Binance this morning might have been responsible for kickstarting the crypto market downturn. How deep could the correction in Ethereum get, after such a substantial rally all throughout 2020? DeFi Trend Fallout Takes The Legs Out From Under Ethereum Bull Run Late US President John […]
The latest on-chain data shows that a particular class of Bitcoin investors has been selling for profit in the wake of the recent price rally. The question here is — how much did they sell and how much impact could it have on the Bitcoin price trajectory? Bitcoin Whales Dump 30,000 BTC In Four Days — Impact On Price? In a new post on the X platform, prominent crypto pundit Ali Martinez revealed that Bitcoin whales have been increasingly active in the market in the days following BTC’s return to above $63,000. This on-chain observation is based on the drop in the total holdings of....