Altcoin Watch
Several Solana network-specific and broader crypto-focused factors are behind SOL’s price recovery.
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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.
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Ether whale accumulation started rising at the beginning of March, suggesting that large holders are expecting an ETH rally in the near term.
14035 - Price Analysis
This week’s Bitcoin rallies failed to overcome sellers at the $87,500 level, but many analysts still believe the corrective bottom was at $77,000. How will altcoins react while BTC trades in a range?
6516 - News
The Bitcoin whale closed his short position shortly after a lower-than-expected CPI reading flashed an optimistic Bitcoin signal, due to easing monetary inflation concerns.
6895 - News
An apparent joint community effort to liquidate an unknown Bitcoin short-seller could be part of an emerging trend, says 10x Research’s Markus Thielen.
4534 - Market Analysis
ETH price failed to rebound from its recent sell-off, and matters could get worse if the altcoin falls under $1,900.
4262 - Market Analysis
XRP retraced most of its recent “Trump pump” and data shows whales selling their positions.
11954 - Price Analysis
Bitcoin’s sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
5765 - News
The trader bought 70,000 Bitcoin during the FTX collapse when the price varied between $40,000 and $16,000.
8113 - Market Analysis
Bitcoin whales move 26,430 BTC to known accumulation addresses as nearly $2 billion is liquidated from the total crypto market.
4623 - Price Analysis
Bitcoin price is pinned below $100,000, but several altcoins are showing sighs of breaking out.
4098 - Market Analysis
Data suggests traders in Korea played a big role in buying the XRP dip below $2.
22469 - Price Analysis
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC’s range are keeping a cap on price discovery.
8375 - News
Institutions dumped Bitcoin in late December after its peak high, but they’re back to buying with it below $100,000, said Blocktrends’ Cauê Oliveira.
9498 - News
Crypto whales are betting big on AI tokens following the first autonomous onchain transaction between two AI agents.
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