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Crypto Whale Loses $4,500,00 Million In Attempt To Leverage Long Ethereum Twice

Crypto: Whales are moving millions in Ethereum tokens!

The movements of crypto whales those with significant holdings often serve as indicators of market sentiment and upcoming trends. Recently, Ethereum (ETH) whales have been making headlines, not just for their massive sell-offs but also for strategic acquisitions that could signal the next big opportunity. While Ethereum (ETH) supporters remain bullish despite recent market downturns, many of these whales are now turning their attention to Mpeppe (MPEPE), a promising meme coin poised for a potential rally. With Spot Bitcoin and Ethereum now trading and potential for Solana (SOL) ETF on the way, ETFSwap (ETFS) is set to start application for its own Spot ETF in 2025. This announcement, coupled with the potential of the ETFSwap (ETFS) platform, has been exciting to investors, making many invest more in the ETFSwap (ETFS) token, which is in its second presale stage.

TON Blockchain Resumes After DOGS Induced Disruption

Token launches like Arbitrum’s ARB airdrop and Optimism OP influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants https://www.cointribune.com/en/crypto-whales-are-accumulating-ethereum/ to an asset’s network. In a bold move, a significant cryptocurrency holder, often referred to as a “whale,” has recently acquired 4,677 Ethereum (ETH) tokens, worth approximately $11 million.

  • In addition to aavebank.eth, another whale known by the address “0x345f” also made notable withdrawals from Binance earlier today.
  • Understanding whale movements, signals, and behaviors are key to cryptocurrency investing.
  • As Toncoin plummets following Telegram’s founder’s arrest, investors seek alternatives like XRP and Rollblock (RBLK).
  • This is also followed by the market cap of Bitcoin hitting at over $1.1 billion, in 2020, as another user pushed it to that feat.
  • Therefore, the whale activity raises questions regarding the authenticity of ETH’s 20% increase in the last month.

What are the top crypto whales buying? How to track and find them

  • Also known as “Akiba,” Liam is a reporter, editor and podcast producer at CryptoSlate.
  • Whales generally hold a large number of coins available for a specific currency.
  • Therefore, it is understandable that crypto whales are shifting their focus to SHIB because of its potential to generate greater gains than Bitcoin.
  • The above-mentioned source, Whale Alert, also noticed two old Bitcoin wallets coming back to life after a staggering period of dormancy.
  • Data reveals that these large investors are moving funds to Binance, not to sell, but to take advantage of the passive income opportunities offered by Wrapped Beacon ETH (WBETH).
  • We identified Smart Money addresses accumulating it while featuring our new tool, Signals, in our Office Hours live stream.

Tracking them will help you analyze their patterns and strategies, such as trade timing, the type of coins they trade, risk management, and response to market conditions. The Smart Money token holdings dashboard provides an overview of tokens that have seen the most significant changes in Smart Money balances. It also displays the number of smart wallet addresses holding each token, offering a glimpse into the token’s popularity. This information serves as a valuable starting point for exploring tokens that may be worth further investigation. However, some criteria still show that RCO Finance is ahead of others, such as automated market making, 50x leverage, and investing in actual assets.

Modern Money for Modern Markets — Part I

At the time of the transaction, the withdrawn tokens were valued at $1.98 million. Since meme-coins like Dogecoin have underperformed recently, whales are diversifying into utility-focused projects like ETFSwap (ETFS). The utilities of the DeFi platform have made it a hot topic among crypto enthusiasts, who have come out in droves to buy the presale.

Market dynamics and investor sentiment

Tools like Nansen help you effectively navigate through these complex data points and track Smart Money easily. A significant transfer of 8,759 ETH, worth $32.96 million, to Coinbase has raised concerns among investors. This trend implies that one whale plans to sell their coins, increasing the supply of cryptocurrencies. The smart money crypto whale is joining a multitude of investors to position ahead of the ETFSwap (ETFS) launch. With a modest investment of $1,000, investors can get up to $1 million when ETFSwap (ETFS) launches and even more during the altcoins season, which Ethereum (ETH) is set to initiate. CYBRO, a technologically advanced DeFi platform, provides investors with unique opportunities to maximize their earnings.

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Instead, a better option would be to use a crypto analytics platform like Nansen and look for whales with an extensive history of making profitable trades. These investments typically tend to be in more smaller projects or tokens that have yet to gain traction. In this article, we will explore what crypto whales are, how to find their wallets, and track what they’re buying so that you can maximize your returns. This positive movement has been supported by massive purchases by super early whales taking over the market, with the recent purchase of almost one trillion SHIB tokens. The return of these influential investors, who have previously been attributed to have a high level of impact in the market, is a sure-shot sign that they have faith in SHIB.

Conclusion: Crypto Whales Find Common Ground In The ETFSwap (ETFS) Platform

  • The $2.5 billion distribution had a limited impact on Bitcoin’s price, which has historically posted price swings during creditors’ repayments.
  • Three anonymous transactions carrying hefty Ethereum amounts to Coinbase have been spotted over the last 24 hours.
  • As a seasoned crypto writer, he brings a wealth of knowledge and expertise to his work, making complex concepts accessible to a broad audience.
  • The whale appears to be reducing its ETH holdings, and this transfer is suspected to be a sell-off.

As Dogecoin (DOGE) continues to be a cornerstone of the memecoin universe, its investors are now setting their sights on… As the world of decentralized finance (DeFi) continues to evolve, major players like Aave (AAVE) are making strategic moves to… Mpeppe (MPEPE) is not just another meme coin riding the wave of viral internet culture; it represents a unique blend of entertainment and utility, particularly in the online gambling sector.

Crypto whales withdraw $90 million in Ethereum (ETH) from exchanges

The meme coin gained 1193% as the crypto market experienced a particularly successful run in early 2024. As explained earlier, meme coins amplify favorable market conditions, and PEPE was no exception. Because of their volatility, meme coins are known to provide better profit margins than most other cryptocurrency narratives. For example, while BTC has gained 157% in the past year, SHIB is up by 203% in the same period. This platform is set to revolutionize crypto trading by integrating artificial intelligence into every aspect of the trading process, allowing traders to have full control of their trading.

Pump Makes RCOF The Best Option

A new crypto whale has emerged and moved approximately 29k worth of Ethereum (ETH) tokens from the Coinbase exchange. This update has sparked discussions and raised speculations among the crypto community over a possible price reaction in the short term. Amid the ongoing ETH price correction, the large investor transferred a staggering amount over the last day. Whether they act intentionally to manipulate prices is difficult to say, but they can cause prices to rise and fall because of the interest others take in their holdings.

Crypto whale makes $11 million bet on Ethereum, shifting from Bitcoin

Markus Thielen is currently the Head of Research & Strategy at Matrixport,  a one-stop digital assets financial services platform where users can invest, trade, and leverage crypto assets. Some observers attribute the price drop to low market liquidity and concerns over the impending Mt. Gox BTC payout, which will distribute about $9 billion worth of Bitcoin to creditors. Further, crypto exchange BloFin also issued a research note warning of high downside risk for Bitcoin, mainly if an unexpected event occurs. Large cryptocurrency holders are called whales because they are much larger than smaller fish in the cryptocurrency ocean.

Analyst Says RCOF, AAVE, and MATIC Remain Undervalued, Why A Bull Run Is Coming for these Ethereum Tokens

Focused on solving real-world problems, Qubetics invites crypto enthusiasts to join its whitelist with their email addresses in anticipation of the upcoming presale. Under the leadership of Mr. Shaffy Yaqubi, a blockchain enthusiast with a background in clinical training, Qubetics aims to leverage technology to revolutionise finance and business. The project is also a proud sponsor of TOKEN2049, which will be held at Marina Bay Sands in Singapore on September 18-19, 2024. Bitcoin (BTC) trades above $60,000 on Friday, gaining more than 4% this week so far, but fluctuating within a range between $57,000 and $62,000 for the last 15 days. On-chain data shows contradicting signs, with institutions accumulating Bitcoin while some whales are selling.

This feature allows users to provide liquidity to trading pairs with their digital assets and earn rewards. Furthermore, at $0.01831, ETFS tokens seem more reasonable in comparison to other cryptocurrencies and might generate significant returns for investors. Investors with 1,000,000,000 Dogecoin (DOGE) holdings declined from 48.72% to 47.54% on June 15th and 16th, according to Santiment on-chain analytics. Interestingly, mid-sized whales with balances of 100 million to 1 billion Dogecoin increased their share of Dogecoin supply throughout this period. In contrast to traditional ETF trading platforms, ETFSwap (ETFS) allows trading around-the-clock, so there’s no need to wait for market trading hours. Users of this platform can trade tokenized versions of ETFs covering different industries, including bonds, commodities, fixed income among others.

Ethereum Compared To Bitcoin

A move into the oversold region below 20 could indicate a potential buying opportunity. Unlike previous days, where Grayscale’s ETHE outflows outweighed inflows from other issuers, none of the new eight ETH ETFs recorded inflows. Fidelity’s FETH, Franklin’s EZET and Grayscale’s ETHE saw outflows of $2.7 million, $1 million and $9.5 million, respectively.

Crypto: Whales are moving millions in Ethereum tokens!

Also known as “Akiba,” Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest.

ETFSwap (ETFS) On A Run To Over 1,000% Rise

Big investors reconsider their Bitcoin (BTC) positions as the premier cryptocurrency falls below $66,000. Meanwhile, they are moving to Shiba Inu (SHIB) and Pepe (PEPE) because of superior profit margins. Over 28 million ETFSwap (ETFS) tokens have already been purchased in a few days, as Dogecoin whales are grabbing up ETFS tokens during the ongoing ICO. These drawn to invest in the ETFS token because it has stronger positive momentum than DOGE. Notably, investors can stake various cryptocurrencies like Bitcoin, Ethereum, and more in addition to ETFS tokens. ETFSwap (ETFS)  functions as a link between traditional finance (TradFi) and decentralized finance (DeFi), enabling users to easily transfer their tokenized ETF holdings into cryptocurrency and vice versa using its ETFS token.

Crypto: Whales are moving millions in Ethereum tokens!

Crypto whales have identified the immense potential for wealth creation on the ETFSwap (ETFS) platform, and they are ready to go short on Bitcoin (BTC) and Ethereum in order to secure their future with the ETFSwap (ETFS) altcoin. With the ETFS token expected to rise over 100x upon listing, it is understandable why the crypto whales are making this move. The crypto whales have made no mistake in moving to the ETFSwap (ETFS) platform; immediately outstanding figures were posted as inflows from trading the spot ETFs of Bitcoin (BTC ) and Ethereum on Monday and Tuesday.

Crypto: Whales are moving millions in Ethereum tokens!

Whale Moves More Ethereum From Binance, Buying NFTs

  • Moreover, another prominent investor withdrew 5,282 ETH, amounting to $48.2 million, from the cryptocurrency exchange Binance and OKX on Monday.
  • Discovering crypto whale wallets requires a thorough exploration of blockchain data, strategic investigative work, and vigilant monitoring, commonly known as onchain analysis.
  • Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
  • NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
  • ETFSwap (ETFS), a viral Ethereum token currently in its ICO presale, has become a trendy topic of discussion among top crypto analysts as big whales visibly rotate significant amounts of ETH withdrawals into ETFS.
  • Recent massive financial movements in the Ethereum ecosystem have captured the attention of crypto market observers.
  • Investors with 1,000,000,000 Dogecoin (DOGE) holdings declined from 48.72% to 47.54% on June 15th and 16th, according to Santiment on-chain analytics.

Large transfers, especially those heading toward exchanges like Coinbase, typically suggest that the whale might be preparing to sell a portion of their holdings. Such actions can lead to increased volatility and potential price adjustments as the market reacts to the influx of supply. In a significant development on the cryptocurrency market, a massive Ethereum (ETH) transfer has caught the attention of investors and analysts alike. Whale Alert, a prominent blockchain tracking service, tweeted that 8,759 ETH, worth around $32.96 million, have been transferred from an unknown wallet to Coinbase. The movement of Ethereum whale holdings has sparked speculation, especially in the Ethereum community.

At the forefront of this niche, ETFSwap (ETFS) users and investors enjoy the benefits provided by the innovation and flexibility of the decentralized finance realm while trading their various assets. Some could simply have large balances but are historically unprofitable or have low returns on their investments. Some could be cryptocurrency exchanges holding crypto assets on behalf of their customers. Tracking these wallets might not give helpful insights for investors with smaller-sized portfolios. Since whales can manipulate coin prices, a project with too many whales can be extremely volatile. Therefore, while making a crypto investment strategy, tracking the top crypto whales gives you an edge over the average retail participant.

Dogecoin whales are impressed by how simple it is to trade and take advantage of the platform’s special features by only joining or creating a DeFi wallet. Whale Alert also tracked down a wallet that was involved in the initial coin offering (ICO) of Ethereum move 197 ETH worth $622,685. The wallet had been dormant for nearly nine years prior to the latest transfer, according to Whale Alert. Three different unknown whales shoveled 30,020 ETH; 11,192 ETH and 11,207 ETH to this centralized crypto exchange. These Ethereum lumps were evaluated at $86,959,077; $32,273,912 and $32,683,631. All in all, these on-chain data points say but one thing – whales are actively buying MATIC tokens.

Those who buy RCOF now for $0.0127 in Stage 1 of the presale will earn a colossal 3000% profit when the token becomes $0.4 at launch. The allure of this huge profit has helped the project sell over 25% of its Stage 1 tokens in a few weeks. It is projected that in the upcoming phase, ETFSwap (ETFS) will reach a price of $0.03846, indicating that current investors will benefit the most. Accessibility is given priority by ETFSwap (ETFS), which does not require Know Your Customer (KYC) authentication.

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