Analysis Crypto by Thebittimes.Com

Early Shiba Inu (SHIB) investors are among the luckiest few in the cryptocurrency community. The ones that held on till SHIB hit an all-time high of $0.00008616 in October 2021 made massive returns with minimal investments. The dog-themed cryptocurrency’s price rose by many million percent during the 2021 bull run. People who got into the project in its early days became overnight millionaires. According to Bubblemaps, one of the earliest Shiba Inu (SHIB) whales controls nearly 10% of the asset’s supply. The whale wallet continues to hold its tokens despite making massive gains. Between August and October 2020, the whale purchased 38 ETH worth of SHIB, which was roughly $10,000 back then. Also Read: Ripple: When Will $1000 Worth of XRP Become $500,000? How Did $10,000 Become $2.5 Billion? Fast-forward to October 2021, when the value of the whale’s SHIB holdings skyrocketed to nearly $5 billion after SHIB hit an all-time high. To increase its anonymity, the whale split ...

Meme cryptocurrency Dogecoin (DOGE) is recording increased whale activity despite facing short-term bearish pressure. According to data provided by Whale Alert, the meme coin has seen the movement of tokens valued at over $61 million in recent days. For instance, on July 20, 400 million DOGE valued at approximately $50.33 million was moved from Robinhood to an unknown wallet. Similarly, on July 23, another 77.65 million DOGE valued at about $10.82 million was also moved from Robinhood to an unknown wallet. Amid the whale activity, DOGE is battling key resistance levels, with the $0.15 mark remaining a key target. By press time, the meme coin was trading at $0.13, with daily losses of over 5%. However, on the weekly chart, the meme coin is up over 3%. Picks for you US hit with another recession warning as unemployment benefits surge ...

Bitcoin (BTC) is currently experiencing renewed momentum, with notable buying activity from Bitcoin whales signaling a resurgence of bullish sentiment in the cryptocurrency market.  Despite a minor 3% retreat over the past week, these major investors have shown a strong buying force , reflecting their confidence in Bitcoin’s future prospects. Whales, defined as entities holding between 1,000 and 10,000 BTC and excluding those owned by mining companies and exchanges, play a crucial role in the dynamics of cryptocurrencies. Picks for you 3 cryptocurrencies to avoid trading this week 32 mins ago Bitcoin attack mode: BTC set for $150k after post-halving consolidation 33 mins ago ...

The meme coin boom in 2024 has attracted greedy speculators looking for quick gains in a player-vs-player trading landscape. Despite some successful stories that made it to the spotlight, most traders have accrued losses—as with a PEPE whale who lost over $300,000 in the last two days. In particular, data by SpotOnChain estimates this cryptocurrency whale has lost $188,000 in a 15-day $15.10 million trade. As suggested by on-chain activity, the whale started trading PEPE on May 4 with a $2.68 million purchase. On May 5, the trader bought another stack of PEPE worth $7.754 million. Later, the multisig wallet likely sold it all on May 7 for $10.557 million and a $123,000 profit. Picks for you DOGE or SHIB? We asked ChatGPT-4o which asset is a better buy for summer 2024 51 mins ago Sell-off alert: Over $1 billion in token unlocks this week 2 hours ago Here's when Bitcoin (BTC) will hit $100k 2 hours ago Cardano whale activity up 10x; Will ADA break t...

Bitcoin (BTC) seems to have carved a local top in the $44,000 price zone, while on-chain whale activity hints at distribution. Notably, a whale -alert Telegram bot has been constantly triggered for massive Bitcoin inflows in centralized exchanges. Onchain Edge first reported these alerts on CryptoQuant on December 22, suggesting a local BTC top. In particular, three whale alerts on December 11, 20, and 22 show the Bitcoin mean inflow on all exchanges surging above 15 BTC. Each registered mean was 26.96 BTC, 15.56 BTC, and 18.15 BTC, respectively. All-exchange BTC inflow means – Whale alerts on Telegram. Source: Onchain Edge On another chart, Onchain Edge illustrates how each Bitcoin exchange inflow (mean) surge happened right after a price pump. Interestingly, a local top formation follows these in the aforementioned $44,000 zone. All-exchange BTC inflow (mean) chart vs. Bitcoin’s price. Source: Onchain Edge Bitcoin (BTC) price analysis amid whale alerts Cry...

Without a doubt, one of the most popular cryptocurrency projects is Shiba Inu (SHIB). This is the case, despite the fact that there have been ups and downs with the project. The SHIB team is also working on a few launches that may lead to favorable price movements. The collapse of the FTX empire unquestionably hurt the cryptocurrency market. Almost all cryptocurrencies lost value on the market. Popular cryptocurrencies like BTC and ETH saw a decline in value in the midst of the chaos. Whales have always shown a keen interest in SHIB. As per the details from Etherscan, a whale has moved 1.8 trillion SHIB to Binance. Whales move trillions worth of SHIB The anonymous whale moved over $16.5 million worth of SHIB in a single transaction. Transaction history from Etherscan reveals that the $1.8 trillion Shiba Inu has been moved from Crypto.com in two transactions to the anonymous whale . The whale then moved the SHIB to Binance. The largest cryptocurrency exchange in t...