Trader Turns $861 Into $657K In Just Five Hours

In a stunning example of crypto trading prowess, an investor turned a modest $861 investment into a staggering $657,000 within just five hours. The trader achieved this remarkable feat by purchasing 86.55 million $MOTHER tokens for 5.14 $SOL ($861), which accounted for 8.66% of the total $MOTHER supply. The Trade Breakdown The trader initially acquired … Read more

Bitcoin Poised For New All-Time High Amid Strong ETF Inflows

Bitcoin has experienced a sharp increase, surpassing $70,000 this week, and market sentiment is buzzing with speculation about its potential to set a new all-time high. Despite this optimism, there is uncertainty among traders about how much further Bitcoin can rise. One of the key drivers of this recent surge is the substantial net inflow … Read more

Chainlink Surpasses $17.50, Driven By Trading Volume and On-Chain Metrics

Chainlink (LINK) has surged ahead of the broader cryptocurrency market, gaining 9% today and surpassing $17.50 for the first time in six weeks. This impressive rally has been accompanied by a substantial increase in 24-hour trading volume, which is up by 78%. 🔗📈 #Chainlink has climbed well ahead of the #crypto pack, quickly surpassing $17.50 … Read more

Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024

Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of 7,000 BTC worth over $486 million. Blockchain Parser Data Reveals 2010 Whale’s Bitcoin Transfers … Read more

Worldcoin Faces Global Scrutiny Over Privacy Violations

The Hong Kong government has ruled that Worldcoin’s operations in the region violate the Privacy Ordinance, leading to an enforcement notice that demands the cessation of its iris scanning activities. Worldcoin has confirmed that it conducted facial and iris scan authentication on 8,302 people in Hong Kong. Worldcoin’s troubles extend beyond Hong Kong. Following similar … Read more

Ethena’s ENA Token Shows Promise Despite Recent Volatility

Ethena’s ENA token has experienced a dynamic week, rising 19% over the past seven days. However, recent market movements have seen GSR Markets, a key market maker for ENA, deposit 5.5 million ENA tokens worth $4.84 million into Gate.  This action coincided with a 5.4% drop in ENA’s price over the past 24 hours and … Read more

Amber Group’s Strategic Accumulation Of $SAFE Amid 15% Price Surge

Over the past week, $SAFE has experienced a notable 15% price surge, attracting significant attention from major players in the crypto market. Among them, Wallet 0x011, likely associated with Amber Group, has been particularly active.  Recently, this wallet withdrew 499,995 SAFE, valued at approximately $1.09 million, from Gate.io at a price of $2.188 per token. … Read more

Bitcoin’s Resurgence: Whale Accumulation Signals Bullish Momentum

Bitcoin is currently trading just above $68,000, a notable increase from its recent price of $66,100. Despite this positive trend, many small traders have continued to liquidate their holdings, contributing to a shift of coins from smaller to larger wallets.  Historically, this behavior has been a bullish indicator for Bitcoin, signaling that larger, more experienced … Read more

Blur Token Experiences Significant Unlock and Decline

Blur, a popular token in the crypto market, recently unlocked 35.54 million BLUR tokens, worth approximately $12.9 million, from the lockup contract just two hours ago. These tokens were promptly moved to Coinbase for distribution.  This event is part of a broader trend, with a total of 690.8 million BLUR tokens, now valued at $256 … Read more

Recent Surge In Memecoins Yields Significant Profits For Traders

The recent surge in memecoins has continued to generate substantial profits for traders. Notably, one trader has made a remarkable $1.17 million from investments in $GME and $AMC. On May 13, following the return of @TheRoaringKitty on X, this trader spent 645 $SOL to purchase 30.8 million $GME and 327 $SOL to buy 27.6 million … Read more