Record ETF inflows pushed Ether holdings to 6.4 million, tightening supply as the price tested $4,668 after dovish comments from the Federal Reserve Chair Jerome Powell.
Whale News
A cryptocurrency whale, often known simply as a “whale,” is an individual, institution or exchange in the crypto community that holds substantial quantities of cryptocurrencies. Whales hold enough cryptocurrency to be able to manipulate the price of cryptocurrencies. As a result, the state of the market can be understood by observing how whales act, whether they are selling or accumulating.
A whale occasionally posts a sizable order to sell a considerable amount of its cryptocurrency tokens, also called the “sell wall” effect. They maintain a lower price than other sell orders, leading to volatility, which generally lowers the price of digital coins. Following this, there is a domino effect where others sell their tokens at lower prices out of panic. As a result, whales gain more power, as they can purchase more coins for less money.
In addition, whales frequently artificially raise the price of the tokens by placing large buy orders, which is the opposite of the sell wall effect. They increase interest in cryptocurrency tokens, which motivates buyers to improve their offers. In essence, whales impact other token investors through a ripple effect. They can influence the market in their favor by raising and lowering prices.
- Market Analysis4012
- Market Analysis
An XRP chart fractal and whale flows hint at a short-term dip before a possible “moonshot” breakout to new all-time highs in Q4.
8099 - News
A Bitcoin whale rotated another $113 million worth of Bitcoin into a $240 million spot Ether position after closing part of a previous Ether perpetual long worth almost $300 million.
3152 - News
The whale had 14,837 Bitcoin worth over $1.6 billion, dating back to purchases from crypto exchanges Binance and HTX over seven years ago.
6524 - News
After making nearly $7 million in four months, the trader lost almost all their gains in two days, illustrating the unpredictability of the crypto markets.
5429 - Explained
Bitcoin may be decentralized, but its price isn’t immune to the influence of whales, protocol upgrades, ETF approvals and global regulations.
- Markets News
Bitcoin buy signals may emerge from bond market stress, but whale investor activity and dormant coins raise short-term volatility risks.
2057 - News
A savvy trader turned a $125,000 investment into almost $43 million at its peak, before locking in almost $7 million of profit after the market downturn decreased their long positions.
29663 - News
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
10087 - News
Ethereum whale group “7 Siblings” sold $88.2 million in ETH within 15 hours as short-term traders locked in profits.
7921 - News
The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Coinpectra.
7943 - Market Analysis
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction.
7787 - Market Analysis
A Power of 3 pattern suggests a $126,000 target for Bitcoin after a leverage reset, but BTC price must first flip its immediate resistance level into new support.
7732 - Explained
A Bitcoin whale likely moved 80,000 BTC from dormant wallets after alarming OP_RETURN messages were sent across multiple old addresses.
- Explained
A wallet has scooped up over 331 million Pi coins during a major price slump, raising questions about insider moves or a strategic bet on Pi’s future.