Altcoin News by Thebittimes.Com

Bitcoin’s (BTC) recent price action hints at a renewed strength in fighting for higher grounds and whale activity corroborates that. In particular, Bitcoin whales have accumulated over 100,000 BTC in the past week. This activity draws a spike on the chart, as shown by the expert trader and on-chain analyst Ali Martinez. Martinez reported the increase in Bitcoins held by addresses between 1,000 and 10,000 BTC, worth over $7 billion . Interestingly, the spike resembles what the market previously saw in early February, before the bull run to above $70,000. Picks for you How much 20-year-olds should invest monthly to reach 1 million by age 50 3 mins ago DOGE price prediction as Dogecoin chart makes waves on social media 52 mins ago How much is the father of TRON worth? – Justin Sun's net worth revealed 1 hour ago AI predicts Terra Classic price for end of 2024 1 hour ago At that time, these whale addresses started accumulating larger a...

With the cryptocurrency community eagerly waiting to see if the United States Securities and Exchange Commission (SEC) will finally approve the first spot Bitcoin (BTC) exchange-traded fund (ETF), the maiden crypto asset is witnessing a massive spike in whale transactions . Specifically, in the 24 hours before press time, Bitcoin has experienced its greatest increase in transactions amounting to over $100,000 in almost two years, according to the observations by a prominent crypto market expert Ali Martinez, shared in an X post on January 5. Indeed, Martinez’s chart shows that there were 16,900 transactions of over $100,000 worth of Bitcoin on January 4, and, as the professional crypto trader pointed out, these transactions “serve as a proxy for BTC whale activity, offering insights into how these major players might be positioned in the crypto market.” Bitcoin large transactions. Source: Ali Martinez It is also worth noting that Martinez earlier noted that as many as 2.41 mi...

Pepe Coin continues to be the talk of the crypto town. Within days of its launch, it rose exponentially in value. On Thursday, May 4, the asset was trading in green and was priced at $0.000001176. Large participants have been eying this crypto for quite some time. A recent tweet from Lookonchain revealed that a whale exchanged “almost all assets” for Pepe Coin. As far as the breakdown is concerned, the whale swapped 20.62 Wrapped Bitcoin, 17 billion CULT, 44.1k Uniswap tokens, and 19.96 Ether. In exchange, the whale got PEPE worth $2.19. Lookonchain further revealed, “The buying price of $PEPE is ~$0.0000005533 and made a profit of ~$1.23M.” We noticed a whale exchanged almost all assets for $PEPE. The whale exchanged 20.62 $WBTC($590K), 17B $CULT($90K), 44,194 $UNI($235K) and 19.96 $ETH($37K) for 1.72T $PEPE ($2.19M currently). The buying price of $PEPE is ~$0.0000005533 and made a profit of ~$1.23M. pic.twitter.com/O6BOQMd1EW — Lookonchain (@lookonchain) May 4, 20...

On-chain data and technical analysis shows strength in ARB price, even after a weekend filled with rumors and sell-offs. Arbitrum suffered a big blow during the April 1 to April 2 weekend due to a conflict between the ARB token holders and the Arbitrum Foundation on the allocation of $750 million ARB tokens worth around $900 million. Data from on-chain analysis firm Arkham Intelligence shows that the transfer of $50.5 million out of the disputed allocation of 750 million ARB tokens. They shared with Cointelegraph that, “Only 50.5 million of those tokens have been moved. 10 million tokens have been sent to be sold on exchanges, 40 million have been loaned to Wintermute and the remaining 500K remain untouched in a multisig wallet (labeled Gnosis Safe Proxy).” On April 3 morning, the Arbitrum Foundation conceded to the community's opposition and decided to break up the said proposal in question into multiple proposals for allocating the funds for the project's ecosystem growth. ...

Shiba Inu has been dominating the memecoin realm alongside Dogecoin. Memecoins have picked up a newborn interest among investors from last year. Even though the crypto market is slumping in a prolonged bear market, interest in SHIB among the whales hasn’t settled. Recently, whale activity around Shiba Inu has been happening at an alarming rate. Whales were not buying billions , but trillions of SHIB. The whale s have also been transferring and dumping the SHIB and buying it back. This has become a routine activity for some anonymous whale s. Recent data from Etherscan shows that an anon whale has transferred 2.8 trillion SHIB to another wallet. Anon whale dumps 2.8 trillion SHIB As per the details from Etherscan, the anon whale moves 2,871,107,075,474 SHIB to another wallet. The value of the transfer at the time of writing is $27.7 million. The nature of the transfer is unknown. It could either be a normal transfer or possibly a sell-off. Details from Ether...