The cryptocurrency market is experiencing a significant altcoin breakout following Bitcoin’s rise above $97,300. A crucial on-chain metric, Bitcoin’s Mean Dollar Invested Age, is signaling strong bullish momentum, as it shows a notable drop in the average age of BTC held in wallets across the network. On November 27, the Bitcoin spot ETF had a […]
Tag: Altcoin
A significant $GRT address, which opened a position around eight months ago, appears to have recently liquidated 22.22 million GRT tokens, potentially incurring a loss of $6.52 million. The assets held by this address have reportedly diminished by 68% over this period. The story began on March 11, 2024, when this address withdrew 22.22 million […]
Wintermute has stepped up its market-making activities recently, especially in the memecoin space, with aggressive moves that could signal its ambition to dethrone DWF Labs as the “No. 1 Meme Market Maker.” Wintermute’s involvement with memecoins like $GOAT highlights the ongoing professionalization within the meme token industry. With top market makers now playing a central […]
The CoinMarketCap (CMC) Q3 report reveals significant shifts in the crypto landscape. Bitcoin’s dominance surged to a two-year high of 56.8%, its highest level since April 2021, while the total stablecoin market cap hit an all-time high (ATH) of $160 billion, 2.5 times higher than April 2021 levels. Despite a slight dip in the global […]
TAO’s price has recently experienced a significant increase, largely driven by the activity of Smart Money (SM) and Smart Dex Traders (SDTs). Analyzing data over the past three months, we can see that $wTAO has become the most accumulated token by Smart Money, with an impressive total of $18.63 million. This indicates a strong buying […]
In an impressive turn of events, a crypto whale recently liquidated $3.2 million worth of altcoins, raking in a profit of $200,000 within just seven hours. The trader focused on three key tokens: $PEPE, $FLOKI, and $WLD. Breaking down the gains, the whale invested in $PEPE at a cost of $0.00000741, netting a remarkable $110,000 […]
Recent data from iCrypto highlights a growing interest in $FIGHT, placing it among the top five tokens accumulated by Smart Money over the past 24 hours. Notably, the holdings of Smart Money and Smart DEX traders in $FIGHT have surged by over 35%, reflecting a significant uptick in confidence among seasoned investors. One wallet, in […]
Solana continues to dominate as the top Layer 1 blockchain in the market, with significant developments over the last 48 hours bolstering its position. Stablecoins Surge on Solana In a major move, Circle, the issuer of the USDC stablecoin, minted $250 million worth of USDC via its treasury wallet on Solana, sending ripples through the […]
The crypto markets have experienced a significant retrace, leading traders to once again speculate on Bitcoin (BTC) dropping below the $50K mark. Historically, when the 7-day average trader returns for top cryptocurrencies like BTC, ETH, ADA, XRP, DOGE, and LINK are low, the likelihood of a market bounce increases considerably. 📊 Crypto markets have retraced […]
SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]