Are Ethereum Whales Dumping And Crashing The Price? Here’s What We Know
Latest Ethereum on-chain activity has given traders a clear reason to look at the sell side. A series of large ETH transfers tied to wallets linked with Galaxy Digital has raised questions about whether whales are actively dumping into the market. Data from on-chain transaction tracker Lookonchain shows that two wallets linked to Galaxy Digital […]
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The Ethereum price latest market slump has placed Wall Street veteran Tom Lee’s ambitious $1.3 billion in ETH treasury bet under severe pressure, as whales and institutional funds begin to retreat from the world’s second-largest crypto asset. Related Reading: Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling Ethereum’s Price Drop and […]
On-chain data shows that Dogecoin whales are offloading their coins, providing a bearish outlook for the foremost meme coin. This comes amid the significant decline in the DOGE price, with the meme coin at risk of dropping below the psychological $0.2 level. Dogecoin Whales Are Dumping Their Coins Santiment data shows that Dogecoin whales, who […]
Ethereum crumbled with the market during the last crash and is yet to recover to previous levels. The crash was characterized by sell-offs and liquidations from all angles, which continued even when the price dumped further. Fear of a bear market sparked this as investors wanted to get out before the price fell further. But not everyone followed this trend of dumping. Whales have always been known to move differently from smaller investors when it comes to the crypto market and this time was no different. While investors panic sold their holdings at low prices, these whales quietly gobbled....
Bitcoin, Ethereum, and the broader crypto market have experienced massive price crashes, dropping to levels not seen in a while. This development is due to macroeconomic factors which have sparked a wave of sell-offs among crypto traders. Why Bitcoin, Ethereum, And The Broader Crypto Market Is Crashing Today CoinMarketCap data shows that the crypto market […]
On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump. Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now As pointed out by an analyst in a CryptoQuant post, whales may be ramping up dumping, a sign that could be bearish for the price of BTC. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten Bitcoin transactions to exchanges and the total exchange inflows. Since the 10 biggest transactions to exchanges usually belong to the....