One savvy crypto trader and deep-pocketed investor is drawing attention for making huge profits trading meme token Pepe (PEPE). Blockchain tracking firm Lookonchain says an anonymous trader moved 427 billion Pepe tokens worth $8.5 million at the time of the transfer to US-based crypto exchange Kraken where the crypto trove could potentially be sold on […]
The post Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain appeared first on The Daily Hodl.
Institutions dumped huge amounts of Bitcoin in late December after its peak high, but they’re now back to buying with it below $100,000, says Blocktrends’ Cauê Oliveira.
Large Bitcoin holders are back to buying huge amounts of the cryptocurrency after its price dove toward the end of 2024 following a record six-figure high, says a Blocktrends analyst.
More than 34,000 Bitcoin (BTC), currently worth $3.2 billion, has been “accumulated by institutional investors, providing buying pressure for the current recovery in Bitcoin,” Blocktrends head of research Cauê Oliveira wrote in a Jan. 8 CryptoQuant post.
Oliveira explained the buyup came after wallets holding between 1,000 to 10,000 BTC dumped 79,000 BTC in the week after Dec. 21 — days after it hit a peak of over $108,000 on Dec. 17 amid the US Federal Reserve interest rate cut — which “ended up generating a 15% correction.”
A long-dormant Bitcoin (BTC) wallet has suddenly awoken after a decade to move around millions of dollars worth of the top crypto asset by market cap. According to new data from whale-tracking platform Whale Alert, an ancient BTC address that has been inactive for a decade has risen from its slumber to shift around 357 […]
The post Ancient Bitcoin Address Awakens After Lying Low for Over a Decade, Moves $34,070,177 in BTC at 10,150% Profit appeared first on The Daily Hodl.
A crypto whale that participated in the initial coin offering (ICO) of Ethereum has reportedly been spotted sending nine figures worth of ETH to the crypto exchange Kraken this year. Citing data from on-chain analyst Ember, Wu Blockchain reports that after another transfer of 3,370 ETH to Kraken over the weekend, a whale connected to […]
The post Genesis-Era Ethereum Whale Sends $171,780,000 Worth of ETH to Kraken in 2024: Report appeared first on The Daily Hodl.
A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created […]
The post Whale Launches ‘Suspicious’ LINK Accumulation Spree on Binance As Chainlink Releases New DeFi Solution appeared first on The Daily Hodl.
A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract […]
The post Whales Accumulate Bitcoin, Dogecoin, Cardano and One Other Altcoin Amid Brief Market Dip This Week, Says Analyst appeared first on The Daily Hodl.
A closely followed analyst says that deep-pocketed crypto investors have accumulated a massive stockpile of Ethereum (ETH) in just four days. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 92,300 followers that crypto whales have scooped up hundreds of thousands of ETH in less than one week. […]
The post Crypto Whales Scoop Up $1,000,000,000 Worth of Ethereum (ETH) in Just Four Days, Says Analyst appeared first on The Daily Hodl.
Deep-pocketed Bitcoin holders are loading up on BTC to the tune of billions of dollars, a closely followed analyst says. Ali Martinez tells his 88,800 followers on the social media platform X that Bitcoin whales bought tens of thousands of BTC in just four days as the crypto king hovers close to the psychological price […]
The post Bitcoin Whales Gobble Up Nearly $4,000,000,000 in BTC in Just Four Days, Says Analyst appeared first on The Daily Hodl.
Data hints that new all-time highs are on the way, even if Bitcoin struggles to gain above $92,000.
Bitcoin (BTC) has been trading within a narrow 7% range since Nov. 12, signaling a period of consolidation around $91,000. Still, derivatives indicate that professional traders remain confident in the bull market. Additionally, multiple attempts to break above the $92,000 level suggest strong buying demand beyond the multiple MicroStrategy BTC acquisitions.
Bitcoin 30-day options 25% skew (put-call) at Deribit. Source: Laevitas.ch
The BTC options delta skew has dropped to its lowest level in four months, indicating the market is pricing a discount for put (sell) options. Levels below -6% suggest bullish sentiment and reflect confidence in the $87,000 support level, particularly from whales and arbitrage desks.
An ancient Bitcoin (BTC) wallet suddenly sprung to life this week after 13 years of dormancy, according to the crypto tracker Lookonchain. Lookonchain notes the unknown address received 426.3 BTC on July 29th, 2011, when the price of BTC was only $13.49, meaning the wallet’s entire trove was worth $5,753. On Tuesday, that same wallet […]
The post Ancient Bitcoin Wallet Comes Alive After Lying Low for Over 13 Years, Moves $3,670,000 in BTC at 646,618% Profit appeared first on The Daily Hodl.
