Search Results for: Lookonchain

“Michael Egorov, founder of Curve Finance, reduced his debt to $42.7M through repayment on Aave’s DeFi platform and other key protocols. Despite the near $100M debt risk and a $47M loss from a security vulnerability that caused a CRV token price crash, Egorov continued to decrease his debt, offering a cautionary tale on DeFi debt and blockchain security risks.”

“The PEPE token whale’s bold accumulation amidst a market downturn might indicate an informed strategy for other investors. Despite the price drop, PEPE’s trading volume surged 276.51%, reaching a $283.05 million mark, highlighting unique opportunities within the volatile crypto universe.”

‘Whale entities’ within the crypto realm swiftly acquired vast amounts of Ethereum (ETH) amidst a recent slump in crypto prices, accumulating approximately $94 million in ETH in a week. Such large investors can substantially influence market trends, with their buying or selling activities causing noticeable market ripples.

“Ethereum co-founder, Vitalik Buterin, deposited around $1 million worth of Ether into Coinbase amidst Ether’s 10% market slump. Further intriguing is his withdrawal of $1.6 million worth of Ether, which raises questions about his confidence in the decentralized system versus traditional exchange avenues. “

The mysterious creator of the BALD token recently moved around $12 million in ETH back to the Ethereum network. This follows BALD’s impressive surge to an $80 million market cap followed by a 90% plunge in prices. The BALD token creator also transferred 2,100 ether to crypto exchange Kraken. Despite the market turmoil, the creator maintains that BALD is a “memecoin” with no intrinsic value.

“Voyager Digital, a crypto lending platform in bankruptcy, stirred speculation of an impending sell-off by transferring high-value tokens to Coinbase Exchange. Sources suggest Voyager is consolidating all tokens into a primary account system, contrary to the sell-off theory. The market reaction to these developments is under close watch.”

An early investor of Shiba Inu (SHIB) who holds 10% of the total supply, moved around $30 million worth of SHIB to eight new wallets. This investor’s activities suggest a more holding-centric strategy, reflecting the volatile nature of such cryptocurrencies.

The cryptocurrency market surges as Pepe Coin (PEPE) experiences an impressive 40% gain, raising investors’ interest and questioning if popular cryptocurrencies like Shiba Inu, Dogecoin, and FLOKI will follow. Despite market challenges, PEPE emerges as the crypto rally’s biggest winner.

Whales offloading substantial amounts of Tether (USDT) have caused a surge in its dominance within the Curve 3pool liquidity pool, raising concerns about the stablecoin’s stability and potential USDT depegging. This recent sell-off significantly impacts the pool’s composition and sparks apprehension regarding Tether’s long-term trustworthiness.

A significant whale transaction involving 972.84 billion PEPE tokens has been reported by On-Chain Analysis platform Lookonchain, sparking insider trading speculations and coinciding with a decline in the token’s value. Recent whale activity has seemingly exacerbated the bearish outlook for the once-trending memecoin. As always, thorough market research is crucial before investing in cryptocurrencies.

The largest Shiba Inu whale accumulated an additional 1.5 trillion SHIB tokens from Binance and Coinbase, leading to a 3% price increase in the last 24 hours. However, decreased trading volume hints at potential short-lived enthusiasm, making it crucial for investors to weigh pros and cons carefully.

The recent case of a whale selling a massive amount of $PEPE tokens at a 52% loss highlights the ongoing question regarding the SEC crackdown’s impact on memecoin frenzy. This example illustrates the extreme volatility in the cryptocurrency world and emphasizes the need for careful analysis and risk management for investors.

A dormant Ethereum wallet from the 2015 ICO suddenly transferred its 8,000 ETH ($15.2 million) to a new address this past Saturday. The crypto community speculates on reasons behind the transfer, such as enhanced security or a potential large-scale liquidation, reflecting the market’s captivating dynamics and unpredictability.

Ethereum (ETH) has experienced a 3% increase, surpassing $1,900 following Bitcoin’s gains and US debt ceiling considerations. ETH has delivered 60% gains since the start of 2023. Recently, an Ethereum wallet from 2015’s ICO turned active, transferring 8,000 ETH worth around $15 million.

The global digital asset market has recently experienced an uptick, with Bitcoin surging almost 3%. However, recent data shows miners transferring 1,750 BTC ($48 million) to Binance, indicating possible incoming selling pressure. This raises questions about market stability and the potential influence of large players.

Whale transactions of 20 trillion Shiba Inu (SHIB) tokens worth $175 million and 3.4 billion Dogecoin (DOGE) tokens worth $250 million were observed, making the whale the 5th largest holder for both coins. On-chain data suggests a likely connection between the transactions, possibly involving Jump Trading or Robinhood.

A dormant crypto whale recently reawakened, withdrawing 375,000 USDT from Binance to acquire 3.26 trillion Milady Meme Coin (LADYS) tokens. This move highlights the influence of market whales on meme coins like LADYS, Dogecoin, and XRP, potentially affecting market trends and investors’ trust.

The crypto

Despite a recent 56% drop in Pepe (PEPE) memecoin’s price, on-chain data reveals crypto whales, including former tech entrepreneur Jeffrey Huang, continue to buy the token. Researchers at Matrixport linked the price decline to large holders selling their holdings to new retail investors, with Asian traders being a significant driving factor.

A wallet linked to Ethereum co-founder Vitalik Buterin transferred 3,500 ETH worth $6.56 million, sparking rumors of a possible sell-off. No official confirmation exists, and the impact of such a move remains uncertain. It’s crucial for investors to conduct thorough research before investing in the rapidly evolving cryptocurrency landscape.

Pepecoin traders maintain bullish sentiment despite recent price correction, with three major “whale” investors accumulating significant amounts during a nearly 50% price cut, indicating potential uptick optimism. Prominent investors find opportunities amid price corrections while large acquisitions suggest strong potential for profits in PEPE market.