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Showing posts with the label whale

Shiba Inu’s Shibarium hits new milestone, Solana whale moves $11M, Everlodge price rises 150%

Shiba Inu’s Shibarium has achieved a significant milestone. Also, a large Solana whale has transferred $11 million. Could a major token dump be coming? Meanwhile, Everlodge’s presale has gained momentum as more investors move to stockpile more tokens. Shiba Inu (SHIB) shibarium sees increased adoption Shibarium, Shiba Inu’s L2 blockchain, has experienced a massive increase in activity, as reported by Shibariumscan . The number of daily new contracts created on the network has surged by 3,000%. This shows an increase in adoption from users.  The price of the Shiba Inu coin shot up to $0.00000863 on November 9th. In the last 30 days and the last 7 days, the price has risen by 23.9% and 8.5%, respectively. Furthermore, the technical indications for the Shiba Inu suggest that the positive momentum will persist. As a result, the price prognosis for the Shiba Inu suggests a positive trend movement to recover the 2021 highs.   Bulls in S...

Revenge trading goes wrong as whale losses $1.88 million on ETH shorts

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A crypto whale has lost approximately $1.88 million after their ETH short position failed to yield the desired result. The price of ether (ETH) has continued its bullish momentum this week.  Most likely fueled by a desire to recover losses from an initial liquidation, the whale decided to double down on the short position on ether. The whale finally decided to stop the loss and closed the short position on $ETH 6 hrs ago, with a loss of ~$1.88M. The whale short ed $ETH on June 15 and continued to increase his position as the price of $ETH rose.https://t.co/DHgYPXoNov pic.twitter.com/XFrShqfat2 — Lookonchain (@lookonchain) July 3, 2023 However, the price of ETH kept soaring higher, resulting in a $1.88 million loss for the trader. You might also like: Crypto whale goes long on ETH, hinting at possible price jump Ether price analysis  At press time, ETH is trading at around $1,963.44, representing a 2.4% increase over the past 24 hours and a 4.59% increase i...

BTC price forms new support at $16.8K as Bitcoin lures 'mega whales'

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A new 100-week "point of control" is appearing below $17,000 as the age-old Bitcoin trading range endures. Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone. Point of control establishing below $17,000? Bitcoin’s lack of volatility has led commentators to debate when a breakout could occur — and in what direction it could go. So far, however, the increasingly narrow trading range in place since the FTX saga in November remains in control. Now, on-chain analysis is hinting that, contrary to some beliefs, BTC/USD may not have further to fall in the current phase of the bear market. Trend Rider eyed the one-week chart to flag $16,800 as the current 100-week point of control (PoC) — the price level generating the largest volume in the specific period. The longer the period and...