Bitcoin price moved from the intraday low of $37,260 to test the critical resistance level of $40,000. While pressure continues in both directions from current levels, Ethereum whales appear to be accumulating popular altcoin projects such as MATIC, LINK and SAND, primarily SHIB. In this article, let’s take a look at the biggest whale trades that have taken place over the past 24 hour time frame. cryptocoin.com We provide details as…
Here is the updated WhaleStats whale report
According to WhaleStats whale tracker, several cryptocurrencies have gained high purchasing power from whale addresses that have added more than $10 million in different tokens to their addresses. MANA, SAND, MATIC, SHIB, LINK and many other positions are among the purchased cryptocurrencies. The whales are most likely entering the accumulation phase and adding at the discounted price as they believe in recovery as seen by the large buying power in the market.
According to the Bitcoin and total market cap chart, the market is seeing cash inflows on March 8, but not ignoring the previous losses that Bitcoin and other cryptocurrencies have had over the past week. The Shiba Inu reclaimed the top spot as the largest dollar-value holding in whale addresses, thanks to an acquisition by whales. At the time of writing, all of SHIB’s assets were valued at $1.6 billion, while FTTs were valued at $1.4 billion.
SAND trades 50% below ATH despite whale appetite
According to Shiba Inu’s TradingView data, the meme token’s price is not rising or showing any positive activity, suggesting that the increase in the value of hodls is due solely to whale purchases. Other cryptocurrencies on the list, such as SAND, are not performing well in the market, with only a 2% increase in the previous 24 hours. SAND, SHIB, and MATIC are all showing signs of improvement, but have not regained even half of their original values.
According to the statistics provided, Chainlink remains one of the most regularly acquired altcoin projects by whales, but it also shows no signs of significant reversal and is trading on the same decline as other cryptocurrencies.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.