Bitcoin Whale Activity Stagnates As Large Transactions Remain At Low Levels
For a long period, Bitcoin investors have been demonstrating a waning activity. With BTC’s price facing significant downward pressure due to the heightened volatility in the broader crypto market, this negative performance may extend, creating a bearish environment for the flagship asset in the upcoming weeks or months. Whale Transactions In Bitcoin Stay On The […]
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On-chain data shows that large Dogecoin transactions have seen a sharp drop recently, a sign that whales are no longer active on the network. Dogecoin Whale Activity Has Plunged Since Mid-November As pointed out by analyst Ali Martinez in a new post on X, the Whale Transaction Count has declined for Dogecoin recently. The “Whale […]
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 […]
Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines. Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped by 88% since the end of last year. Related Reading:....
Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Related Reading: Chainlink 125% Target In Sight As Whale, On-Chain Activity Soar—Analyst Growing Whale Activity Santiment reported that the number of transactions made by Ethereum whales saw a huge spike in recent days. ETH whales refer to large investors who....
The Dogecoin price recover came as a welcome sight to investors after the meme coin struggled around $0.09 for a while. Naturally, the move in the price has prompted movement among Dogecoin investors and the whales are not left out of this. As the price rebounds, these whales have increased their activity, moving billions of DOGE to and from their wallets. However, the net flow of these whale wallets paint a bearish story for the DOGE price. Dogecoin Whales Move Over $500 Million The large whale transactions tracked by the IntoTheBlock platform are transactions carrying $100,000 or more.....