Price Analysis
Investor profit-taking eroded Bitcoin’s bullish momentum and opened the doors to a price consolidation phase. Will traders buy altcoins at a discount?
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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.
- Markets News
Bitcoin's biggest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction may still be in the cards.
4485 - News
A crypto whale sold over 2,500 ETH before a major rally, then bought back at a much higher price.
10065 - Price Analysis
Altcoin season carries on as Bitcoin price consolidates throughout the week.
10119 - Opinion
As crypto market manipulation evolves, highly organized networks coordinate sophisticated schemes across exchanges, threatening market integrity. Collective vigilance and data sharing can protect the ecosystem.
12120 - News
Saylor’s hint comes a week after Strategy announced its latest $555 million Bitcoin investment.
9377 - Market Analysis
Data shows Bitcoin price is 40% undervalued, and the sharp uptick in spot BTC ETF purchasing suggests that institutional investors agree.
10871 - Price Analysis
Bitcoin’s strong up move increases the likelihood of a rally to $95,000, signaling that the bottom may be in.
4656 - News
Over 60 big bag Bitcoin holders were added throughout March and April as the price of Bitcoin slumped.
7653 - Market Analysis
A BTC price technical breakout is underway that could send Bitcoin toward $100,000 by May.
10736 - News
A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes.
11554 - News
The Donald Trump-backed crypto project, World Liberty Financial, may have also sold some of its Ether stash — but at a loss.
10984 - News
The whale’s $340 million short position faces liquidation if Ether’s price falls below $1,119 amid growing investor fear.
13022 - News
Solana whales have sold nearly $50 million of recently unlocked tokens.
6147 - Markets News
Bitcoin whales scoop up BTC every time it slips to its price range lows, mirroring a bullish trend seen in 2020.
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