trading – DIGIT INFO

Ethereum Faces Resistance Amidst Market Gains: Justin Sun’s Activity And ETF Launch Awaited

Despite a 2.5% gain today, Ethereum is grappling with formidable resistance levels, particularly in the range of $3,170 to $3,270. This resistance zone is significant, as it is backed by 1.63 million addresses holding a collective 4.45 million ETH. #Ethereum encounters strong resistance between $3,170 and $3,270, with 1.63 million addresses holding 4.45 million $ETH. Breaking past this barrier could propel #ETH toward $3,650! pic.twitter.com/Ko74nHdpTj — Ali (@ali_charts) April 23, 2024 Surpassing this hurdle could potentially propel ETH towards the $3,650 mark, offering traders and investors a bullish outlook. Currently, Ethereum is trading at $3,253, reflecting the ongoing battle between

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MakerDAO’s $MKR Faces Decline As Whales Make Moves

MakerDAO’s native token $MKR has experienced a 4% decline in the past 24 hours and a 6% drop over the course of the last 7 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that MakerDAO Multisign 0xbba has deposited 421.985 MKR, equivalent to $1.29 million, to Wintermute Trading OTC at a price of $3,046 before the price downturn. This deposit adds to the multisign’s overall activity, which has seen 9,043 MKR deposited to Wintermute Trading OTC at an average price of $3,291, totaling $29.76 million, since the price surge on March 17, 2024. Multisign 0xbba, likely

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GMT Token Shows Signs Of Recovery After Recent Downtrend

The GMT token, which has experienced a bearish trend across all timeframes, showed signs of a potential recovery today with a 4% increase, bringing its current trading price to $0.238. This slight uptick follows a period of decline, indicating a possible shift in market sentiment. Notably, a significant development occurred yesterday when an early investor or contributor identified as 0x8b3…e62b0 recharged 30 million GMT tokens on Binance, amounting to $6.79 million US dollars. This move comes on the heels of the distribution of 18 million tokens received by the same address from the StepN TokenTimeLock contract a week ago when

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Pendle Shows Resilience Amid Market Volatility

Pendle, despite experiencing a 14% decline in the past 7 days following a significant surge in recent weeks, continues to offer promising opportunities within the realm of decentralized finance (DeFi). Despite the short-term fluctuations, the sentiment surrounding Pendle remains largely positive, with investors eyeing its potential for yield generation. One notable aspect of Pendle’s appeal lies in its ability to provide attractive yield opportunities within the DeFi space. Investors are drawn to the platform’s innovative approach to yield farming and asset optimization, which has contributed to its resilience amidst market volatility. 过去两周，Pendle 铁杆粉丝 0xAa4…12285 已累计锁定 80 万枚 PENDLE，总价值 472 万美金，到期日为

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Significant Deposit To Coinbase Amidst OMNI Network Token Decline

The OMNI network token has experienced a substantial decline in value today, shedding 32% of its market value, prompting attention to recent on-chain activity involving a notable address associated with the $ONDO project party. According to reports from on-chain analytics, an address linked to the $ONDO project deposited 200,000 $OMNI tokens into Coinbase just a few hours ago, amounting to approximately US$6.65 million. This address is believed to be affiliated with an early investment institution that holds interests in both the Ondo and Omni projects. Remarkably, this address received a distribution of 200,000 tokens from the $OMNI project only 18

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Render Network Wallet Activity Sparks Speculation Amidst Token Unlock

Recent activity from Wallet 0x4f5, suspected to belong to Render Network, has caught the attention of market observers, raising speculation about the project’s intentions amidst a scheduled token unlock. In a series of transactions, the wallet deposited a substantial amount of 1.35 million RNDR tokens (valued at $10.98 million) to Binance, with an average price of $8.13 over the past few hours. Notably, just five hours prior, the wallet received 2.5 million RNDR tokens from Render Network’s wallets, valued at $20.79 million, at a slightly higher price of $8.316 per token. Intriguingly, the wallet has since deposited 1.652 million RNDR

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WorldCoin Faces Steep Decline as Whale Deposits Millions To Binance

WorldCoin has experienced a significant decline, plummeting more than halfway from its previous all-time high earlier this year. The downward trend continues, with the token losing an additional 6% of its value today, bringing its current trading price to $4.76. In a recent on-chain development, a notable whale address, identified as 0x4A9E…c261F, deposited 1.4 million $WLD tokens to Binance a few hours ago, amounting to a substantial $6.78 million. If these tokens were to be liquidated, it would result in a loss of $560,000. WorldCoin Whale Accumulation And Sell-Offs This whale address has been active in accumulating WorldCoin tokens since

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South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024

In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea. The increase in Korean won-denominated trades has been […]

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Bitcoin Realized Profit/Loss Ratio Drops Below 1 As Whales Stay On Sidelines Despite ETF Approvals

The Bitcoin Realized Profit/Loss Ratio has dipped below 1, signaling that investors are currently experiencing more losses than profits. This trend, observed over the past six months, historically suggests a potential local bottom for Bitcoin ($BTC). The #Bitcoin Realized Profit/Loss Ratio has fallen below 1, suggesting that investors are currently realizing more losses than profits. Historically, this trend has indicated a local bottom for $BTC over the past six months. pic.twitter.com/5GgZ63XV68 — Ali (@ali_charts) April 14, 2024 In a significant development for the cryptocurrency market, China Asset Management, Bosera Capital, HashKey Capital Limited, and Harvest Global Investments have received approval

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Cryptocurrency Market Faces Significant Declines As Bitcoin, Ethereum, And Solana Lead The Drop

In the past 24 hours, the cryptocurrency market witnessed a notable downturn, with Bitcoin (BTC) plummeting to a low of $65,086, marking a 4.57% decrease. Ethereum (ETH) also experienced a significant drop below the $3,200 mark, down by 8.12%. Solana (SOL) followed suit, falling below $150 with a 12.68% decline. BTC fell to a low of $65,086, a 24-hour drop of 4.57%. ETH once fell below $3,200, down 8.12% in 24h. SOL fell below $150, with a 24-hour drop of 12.68%, WIF dropped 24.1% and PEPE dropped 20.3%. The entire network liquidated $829 million in the past 12h, of which

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