Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Blockchain analytics firm Santiment has revealed that whale transaction volumes have dropped sharply across top cryptocurrencies including Bitcoin and Ethereum. The decline in large transactions, especially those in excess of $100,000, could be attributed to a shift in the behavior of some of the largest owners of these assets, and the potential consequences for the […]
On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in [...]
The post Bitcoin, XRP See Declining Whale Activity: What It Means appeared first on Crypto Breaking News.
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
On-chain data shows three altcoins are observing a high transaction activity from the whales after the US Federal Reserve (Fed) announced a rate cut. Whale Transaction Count Has Spiked For These Altcoins Recently In a new post on X, the on-chain analytics firm Santiment has discussed the Whale Transaction Count trend for three altcoins. The “Whale Transaction Count” here refers to an indicator that keeps track of the total number of transactions taking place on a given cryptocurrency network that involves a value of more than $100,000. Transfers of this scale are typically associated with whales, the largest entities on the network, so the indicator’s value can provide hints about the current activity from this cohort. Related Reading: Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000 When the value of this metric is high, it means the whales are making a large amount of moves right now. Such a trend implies these humongous holders have an active interest in trading the coin. On the other hand, the indicator having a low value suggests this group may not be paying too much attention to the asset at the moment as they aren’t making that many transfers. Now, here is a chart that shows the trend in the Whale Transaction Count for three altcoins, Immutable X (IMX), Fantom (FTM), and Basic Attention Token (BAT), over the last few weeks: As displayed in the above graph, large spikes in the Whale Transaction Count have been observed for all of these altcoins over the last couple of days. This would suggest that the whales have suddenly become very active on these networks. The timing of the spikes would mean this activity is likely related to the interest rate cut announced by the Fed. While the high values indicate a surge in trading interest from the whales, the Whale Transaction Count alone can’t tell us what sort of trades these humongous investors are making exactly. Buying and selling transactions both look the same from the perspective of the indicator, and thus, carry the same weightage in its count. What can provide hints about whether accumulation or distribution is dominant, though, is the surrounding price action. Bitcoin and the altcoins as a whole, including Immutable X and company, have surged since the Fed announcement, so the increased whale activity could be associated with buying. Related Reading: Will Bitcoin Bullish Swing Continue? Top Analyst Says Yes Naturally, any further spikes in whale activity aren’t necessary to be bullish, but Santiment notes that if Bitcoin and others continue to grow, then these altcoins can also thrive off a high Whale Transaction Count. IMX Price Immutable X has continued the latest bullish push during the last 24 hours with another surge of almost 10%, which has taken its price to $1.58. The below chart shows how the recent performance of IMX has been like. Featured image from Dall-E, Santiment.net, chart from TradingView.com
XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days. Related Reading: Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH Price Targets Revealed This aggressive accumulation suggests a growing confidence among large holders as the market rallies toward higher prices. Analysts and investors closely watch XRP, anticipating a breakout from key supply levels that could trigger a rally to new highs. With bullish sentiment rising, the next few days will be crucial in determining XRP’s price direction and its role in the ongoing market cycle. Will this whale activity lead to a major upward move, or could XRP remain in its current range? Only time will tell, but expectations are high as momentum builds in the broader crypto market. XRP Investors Waiting For A Big Move The crypto market has seen a significant surge, with Bitcoin and many altcoins posting double-digit percentage gains in recent days. The Federal Reserve’s decision to cut interest rates by 50 basis points sparked this rally, fueling optimism among investors now eyeing the potential start of a new crypto bull run. While investor sentiment for XRP has turned positive, the market has not yet reflected this in the token’s valuation. Top analysts and market participants are sharing insights that suggest XRP may be gearing up for a strong performance this cycle. One prominent technical and on-chain analyst, Ali, highlighted compelling data from Santiment, which shows that XRP whales are making substantial moves. In the past 10 days, these large holders have purchased over 380 million XRP, valued at approximately $228 million. This marks the highest level of whale accumulation since early August, a bullish signal for XRP. The accumulation of XRP by whalesoften considered smart moneyis a sign of strength and confidence in the token’s future price action. Related Reading: XRP The Safest Investment To Make 100% ROI Former Asset Manager Shares Price Targets As the broader market continues to push higher, investors are optimistic that this accumulation could be an early indicator of a major rally for XRP in the coming days. With momentum building, many are positioning for the next big move. Price Levels To Watch XRP is currently trading at $0.59 after several days of choppy price action, testing a supply level around this range. While XRP remains above the daily 200 moving average (MA) at $0.549a sign of long-term strengthit has struggled to close above the $0.60 mark since late August. For bulls to trigger a move to new local highs, the price must reclaim the $0.60 level and hold above it. Doing so would set the stage for a challenge to a key liquidity zone around $0.65. The $0.65 price point has served as a significant resistance level, unbroken since early March. It’s also considered a psychological barrier that, if breached, could drive the price to higher levels rapidly. Investors and analysts are keeping a close watch on this level, as breaking through it would likely bring renewed bullish momentum. Related Reading: Dogecoin Breaking Out Of Monthly Downtrend: Can DOGE Reach $12? However, if the price fails to close above the current price level in the coming days, a pullback toward the daily 200 MA around $0.55 is expected. This would mark a critical test of support, and any breach below this level could signal further downside risk for the token. Featured image from Dall-E, chart from TradingView
Physical activity could be equal to or even bigger than the $7 trillion attention economy, Sweat Economys co-founder believes.
Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.
Bitcoin marked a pullback this week, and while it was trading as high as $65,000, it has now moved down and is fluctuating within the area of $58,000- $60,000. This pullback wiped out a major part of the previous weeks up move and has kept the market in a dizzy state, waiting for key economic […]
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.
On-chain data shows XRP is observing a spike in its adoption and network activity. Here’s what this could mean for the asset. XRP New Addresses & Active Addresses Have Both Spiked According to data from the on-chain analytics firm Santiment, XRP has seen two metrics hit the highest levels since March recently. The first indicator [...]
The post XRP Adoption & Activity Spike: What This Means For Its Price appeared first on Crypto Breaking News.
Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400.
The on-chain analytics firm Santiment has revealed how Shiba Inu (SHIB) and Cardano (ADA) are among the altcoins seeing high whale activity recently. Shiba Inu & Cardano Have Seen High Interest From Whales Recently In a new post on X, Santiment has talked about how some altcoins have been seeing a high Whale Transaction Count recently. The “Whale Transaction Count” here refers to an indicator that keeps track of the number of transactions happening on any cryptocurrency network that are valued at $100,000 or more. Generally, only the whale entities are capable of moving such a large amount of capital with single transfers, so transactions of this scale are associated to movements related to them. Related Reading: Bitcoin Surges Past $71,000, But TD Sequential Says Sell When the value of the indicator is high, it means the whales are making a large number of moves on the network right now. Such a trend could imply these humongous investors have an active interest in trading the coin. On the other hand, the metric being low could imply the big money investors may not be paying much attention to the asset currently as they aren’t making too many transactions. Now, here is a chart that shows the trend in the Whale Transaction Count for three altcoins: Shiba Inu, Cardano, and JasmyCoin (JASMY). As displayed in the above graph, all three of Shiba Inu, Cardano, and JasmyCoin have seen the metric spike for them recently. Naturally, this means that the whales are actively trading these assets right now. As for what this could mean for the prices of these cryptocurrencies, a high whale transaction count can be a predictor for volatility. The indicator doesn’t contain any information about whether the transfers are tending towards buying or selling moves, though, so it can usually be hard to say about where exactly such volatility could take the asset. Since the transfers have started, however, all three of these coins have seen some level of price appreciation, hinting that the whale activity so far may have been leaning towards accumulation after all. The analytics firm also appears to believe that buying could be the goal behind these transactions. “The amount of $100K+ transactions on each of these networks have all more than doubled this week compared to usual 2024 averages, signaling accumulation,” notes Santiment. Related Reading: Bitcoin Like A Spring Waiting To Uncoil, Analyst Explains Why Whatever the case be, if the high value of the Whale Transaction Count persists for Shiba Inu and company, it’s likely that their prices would continue to see some sort of fluctuations in the coming days. SHIB Price While JasmyCoin has seen a considerable amount of profits following the spike in whale interest, Shiba Inu has only been able to see a relatively minor surge. Following this latest rise, the SHIB price has so far been able to recover to $0.00002570. Featured image from Dall-E, Santiment.net, chart from TradingView.com
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies.
Bitcoins blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume.
According to data from Spot On Chain, the first wallet, which was inactive for about 10 years, moved 2,343 BTC now valued at $222.2 million. This address reportedly bought 2,187 BTC in July 2013 for only $85 each, spending around $185,850. The second wallet, which was quiet for over 11 years, transferred 1,079 BTC worth […]
PEPE whale activity hits new highs, Pi coin price shows reversal signals, & BlockDAGs Buyer Battle hands 2M BDAG coins to one wallet. Discover this cycles top crypto picks now!
The post PEPE Whale Action Surges, Pi Coin Turns Bullish, BlockDAG Pays Out 2M BDAG to Top Buyer! appeared first on Kanalcoin.
Two $TRUMP whales made a loss of $2.34 million hours taking a buy position. The sudden sale involved hundreds of thousands of tokens and resulted in significant financial losses as they both sold 765,128 TRUMP tokens for $8.58 million, taking a combined loss of $2.34 million. This development has raised eyebrows across the trading community, […]
On-chain data suggests that large investors have been showing interest in Shiba Inu recently as they have been moving a high number of SHIB transfers. Shiba Inu Large Transactions Have Been High In Number Recently As pointed out by an analyst in an X post using data from the market intelligence platform IntoTheBlock, the Shiba Inu whales have been on the move over the past month. The on-chain indicator of interest here is the “Number of Large Transactions,” which tracks the total number of transfers on any cryptocurrency network exceeding $100,000 in value. Generally, only the whale entities are capable of making such large transfers, so the Number of Large Transactions may be considered to reflect the activity of these giants. Related Reading: Analyst Says Only A Matter Of Time Before Bitcoin Flies Past ATH When the value of this metric is high, it means that the asset is observing a large number of large moves currently. Such a trend may be a sign that the whales are actively interested in cryptocurrency right now. On the other hand, the indicator being low could suggest the whales are looking at other markets at the moment as they aren’t making many transactions for the asset. Now, here is a chart that shows the trend in this indicator for Shiba Inu over the last month or so: As the above graph shows, the number of large transactions for Shiba Inu has shown relatively high values at different points in the past month and has also appeared to be climbing during the last few days. The lower chart shows the data for another metric, the “Large Transactions Volume.” This indicator measures the total volume of transactions greater than $100,000 combined moving on the network every day. It would appear that while the number of transfers happening on the network right now is similar to that seen during the spike earlier in the month, the volume back then was notably larger. This would naturally suggest that the whale transfers currently taking place aren’t of the same scale. Nonetheless, the metric isn’t at particularly low levels, either. “Large whale transactions have amassed around 30 trillion SHIB in May, making Shiba Inu one of the most traded tokens by whales so far this month,” notes the analyst. Related Reading: Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So Now, what does this high whale activity mean for the memecoin’s price? Since these indicators don’t differentiate between buying or selling transactions, it’s hard to say anything about where the coin might go based on them alone. One thing, however, that’s usually true is that whales being active can induce higher volatility in the price. As such, Shiba Inu may be more likely to witness sharper price action if these humongous entities continue to make moves. SHIB Price At the time of writing, Shiba Inu is floating around $0.0000241, down more than 2.5% over the last seven days. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
