Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the […]
The post Santiment Says Retail FOMO About To Hit Cardano, Sees Ethereum-Based Coin Decoupling From Altcoin Pack appeared first on The Daily Hodl.
Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election.
New Bitcoin “whales,” or investors holding significant amounts, appear to be accumulating the cryptocurrency in anticipation of a victory by former President Donald Trump in the 2024 election.
Whales have acquired and withdrawn over 1,806 Bitcoin (BTC) worth over $132 million across 11 newly created cryptocurrency wallets.
The withdrawals from the world’s largest centralized exchange (CEX), Binance, were flagged by crypto intelligence platform Lookonchain in a Nov. 6 X post.
Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up.
Bitcoin (BTC) fell 6.7% between Oct. 31 and Nov. 4, breaking below the $67,500 mark for the first time in eight days. This decline led to the liquidation of over $190 million in leveraged long positions and coincided with uncertainty surrounding the Nov. 5 US presidential elections.
Despite this short-term bearish momentum, three Bitcoin derivatives metrics show that the market is not panicking. These positive indicators include the long-to-short ratio of top traders on exchanges, aggregate BTC futures open interest, and stablecoin demand in China.
Exchanges top traders long-to-short ratio. Source: Coinglass
A long-dormant crypto whale has woken up after years of slumber to move millions of dollars worth of Bitcoin (BTC), according to on-chain data. New data from market intelligence firm Whale Alert reveals a wallet that has been asleep for more than 12 years has abruptly woken up and sent 159 BTC worth about $11.75 […]
The post Bitcoin Address Springs to Life After Hibernating for 12+ Years, Moves $11,756,205 in BTC at 700,854% Profit appeared first on The Daily Hodl.
A deep-pocketed crypto holder who bought Bitcoin (BTC) more than 14 years ago has suddenly moved the flagship digital asset at a massive profit. On-chain data shows that on Friday, the previously dormant crypto wallet abruptly moved a Bitcoin stack at recorded gains of 169,358,650%. Says blockchain tracker Whale Alert, “A dormant address containing 50 […]
The post Ancient Bitcoin Wallet Awakens After Hibernating for 14+ Years, Moves $3,387,175 in BTC at 169,358,650% Profit appeared first on The Daily Hodl.
A crypto whale is looking at a massive multi-million dollar gain on a Solana (SOL)-based memecoin after just five days. According to on-chain data tracker Lookonchain, a deep-pocketed investor turned $727 worth of Goatseus Maximus (GOAT) into $2.44 million. “This guy sold all 15.15 million GOAT [October 15th], turned five SOL ($727) into 15,883 SOL […]
The post Crypto Trader Nets Over 335,000% Profits on New Solana-Based Memecoin in Just Five Days: Lookonchain appeared first on The Daily Hodl.
Ethereum whales have been gobbling up ETH in the past month, according to the crypto analytics firm IntoTheBlock. IntoTheBlock notes that whale wallets holding more than 0.1% of the total Ethereum supply added more than 1.7 million ETH in net inflows to their combined holdings in the past 30 days. Over that month-long period, there […]
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Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot […]
New data from market intelligence firm CryptoQuant reveals that new Bitcoin (BTC) wallets are now holding a staggering 9.3% of the crypto king’s total supply. In a thread on the social media platform X, CryptoQuant chief executive Ki Young Ju says that new Bitcoin whale wallets have seen their balances increase by a massive 813% […]
The post New Bitcoin Whale Wallets Explode to 9.3% of Supply As BTC Bounces to $68,0000: CryptoQuant CEO appeared first on The Daily Hodl.
Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend. The same whale […]
The post Whales Accumulate Ethereum (ETH), Uniswap (UNI) and Two Additional DeFi Altcoins: Lookonchain appeared first on The Daily Hodl.
