Best Meme Coins to Buy as Whale Activity Suggests Changing Tides – From $BTC ...
The best meme coins and Bitcoin price action collided in dramatic fashion this weekend. A crypto whale trader on Hyperliquid opened a short position on Bitcoin worth $445M using 40x leverage with a liquidation price of $86K. This bold move came just as Bitcoin’s price was holding steady around the $84K mark. Market participants were quick to launch a coordinated bull hunt after noticing this open position. A trader named CBB led the charge, and bulls were able to push the $BTC price to $84,690. This forced the short trader to deposit $5M $USDC to avoid liquidation. However, the hunt....
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GoodEgg (GEGG) has been making waves in the meme coin world, catching the attention of crypto analysts and investors alike. With its upcoming launch, many are wondering whether GEGG can challenge the dominance of Pepecoin (PEPE) in terms of 24-hour trading volume. While PEPE continues to see significant whale activity, GoodEgg (GEGG) could be on the verge of a major breakout, with some analysts predicting a potential 13,000% surge. The Rise of PEPE: Whale Activity Surges In the past 24 hours, Pepecoin (PEPE) has experienced yet another surge in whale activity. According to data from....
Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors. This sharp decline could have significant repercussions for the meme coin’s price, especially as Shiba Inu has been under severe downward pressure in the last few months. Shiba Inu Whale Net Flows […]
Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again as the market retraces from its weekend surge. As a result of this, Dogecoin and Shiba Inu saw a notable spikes in their large whale transactions between Sunday and Monday, with the latter seeing a particularly large […]
On-chain data shows that Shiba Inu (SHIB) has witnessed a massive decline in whale activity. This is significant for the meme coin’s ecosystem, considering the impact these investors usually have on Shiba Inu’s price. Shiba Inu’s Whale Activity Declines By Over 100% Data from the market intelligence platform IntoTheBlock shows that Shiba Inu’s whale activity has declined by over 100% in the last seven days. This is based on the large holders’ netflow metric, which indicates when these whales are adding to their positions or offloading their tokens. Related Reading: Bitcoin Closes....
A recent report by IntoTheBlock offers new insights into the profitability of meme coin holders, including Dogecoin, highlighting variations in the percentage of holders in profit and whale concentration. Dogecoin, the forerunner in this category, continues to hold its own, with new data underscoring its dominance in terms of profitability for its holders. Related Reading: Dogecoin Poised for a 150% Surge? Key Price Levels to Watch Dogecoin Holds The Lead According to the report by blockchain data analytics platform IntoTheBlock, Dogecoin outpaces its counterparts, with 42% of its holders....