Whales – Page 3 – DIGIT INFO

Ethereum Price Consolidation Amid Rising Whale Transactions And ETF Advocacy

The second-largest cryptocurrency, Ethereum, is currently undergoing a period of consolidation within a massive symmetrical triangle formation. Despite recent price corrections, Ethereum’s market remains dynamic, with notable activity observed in whale transactions. This uptick in whale transactions serves as a bullish indicator, suggesting potential positive movements in Ethereum’s price in the near future. #Ethereum is consolidating in this massive symmetrical triangle! I’m expecting a huge breakout, and I will open a new trade on the breakout! pic.twitter.com/laqjiU1koy — Crypto Rover (@rovercrc) March 29, 2024 Moreover, MetaMask parent company ConsenSys has taken proactive steps by submitting a comment letter to the

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Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber

On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated 500 bitcoins from a wallet established on July 13, 2012, now estimated […]

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Fidelity Pursues Ethereum ETF Despite Potential SEC Hurdles

Fidelity Investments has taken a bold step in the cryptocurrency market by submitting a Form S-1 for a proposed spot Ethereum exchange-traded fund (ETF) with staking capabilities, according to recent SEC filings. This move underscores Fidelity’s commitment to expanding its presence in the burgeoning digital asset space. Fidelity filed a Form S-1 for a proposed spot Ethereum ETF that includes a staking feature, according to SEC filings. Bloomberg analyst James Seyffart said that he still believes that this round of spot Ethereum ETF applications will ultimately be rejected in May.… — Wu Blockchain (@WuBlockchain) March 27, 2024 However, Bloomberg analyst

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Whale Makes $1.6 Million Profit In Less Than An Hour With $PUMP Trading

Following the opening of trading for $PUMP, analytics platform Lookonchain revealed an impressive feat by a whale in the cryptocurrency market. In a span of less than one hour, this whale managed to generate a staggering profit of $1.6 million by strategically trading $PUMP tokens. The sequence of transactions began with the whale initiating a buy order, spending a gas fee of 0.24 $BNB (equivalent to $138) to acquire 375.4 billion $PUMP tokens at a cost of 6,000 $BNB (approximately $3.48 million). After $PUMP opened trading, a whale made 2,759 $BNB($1.6M) on $PUMP in less than 1 hour! He spent

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Bitcoin Price Sees Slight Recovery Amidst Whales’ Accumulation And Sell-Offs

Bitcoin’s price has shown signs of a slight recovery, edging back up to the $64k mark with a 2% gain today, following a retest of the $60k zone. This modest uptick in price comes amidst reports of whale accumulation during the recent dip in the market. According to on-chain data from Lookonchain, two notable whales have been actively buying Bitcoin during this period of volatility. “Whale1L7gnf” withdrew 820 BTC ($51.62 million) from Binance and has withdrawn a total of 3,532 BTC ($222 million) since the BTC price dropped on March 14. The price of $BTC dropped by 6% again today!

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DeFi Collateral Liquidations Soar As ETH Prices Dip

Over the past 24 hours, the decentralized finance (DeFi) sector witnessed a significant surge in collateral liquidations, totaling more than $5.4 million, with a substantial portion linked to Ethereum (ETH) assets amounting to $4.27 million. According to parsec, more than $5.4 million in collateral was liquidated on the DeFi in the past 24h, including $4.27 million in ETH. If ETH falls to $3,008, $24 million in collateral will be liquidated. On-chain derivatives exchanges GMX, Kwenta, and Polynomial triggered… — Wu Blockchain (@WuBlockchain) March 19, 2024 Concerns loom as projections indicate that if ETH prices drop to $3,008, an additional $24

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TON Coin Surges As Trading Week Ends On Positive Note

As the trading week comes to a close, Toncoin (TON) emerges as one of the standout altcoins, experiencing impressive growth of up to 30% in price over the past week. This surge brings TON closer to its previous all-time high, marking a significant milestone for the cryptocurrency. The positive momentum in TON’s price aligns with the prevailing optimism surrounding Telegram, the social media platform closely associated with the TON ecosystem. With more projects adopting the Ton ecosystem, confidence in TON has been bolstered, driving its price upwards. The TON ecosystem experienced a significant surge in both price and volume during

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Anticipating The Ethereum Dencun Upgrade: A Major Boost For Scalability And Gas Fee Reduction

The impending Dencun upgrade slated for Ethereum in 2024 heralds a significant advancement poised to enhance the network’s scalability and alleviate the burden of gas fees for layer-2 networks. This upgrade is eagerly awaited as it promises to address longstanding issues within the Ethereum ecosystem, including high transaction costs, sluggish processing speeds, and resource-intensive transactions. At the heart of the upgrade lies EIP-4844, a crucial protocol enhancement designed to drive down gas fees on layer-2 solutions. This move comes as a welcome relief for users grappling with exorbitant transaction charges, particularly on decentralized exchanges (DEXs). With the implementation of EIP-4844,

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Ethereum Surges Towards $4,000 Amidst Growing Optimism

The recent surge in Ethereum’s value, with a 5% increase, has sparked excitement within the crypto community. Ethereum’s price is now approaching $4,000, hitting a new high at $3,985. This significant uptick is attributed to robust buying activity and an overall optimistic sentiment prevailing in the market, hinting at a potential further increase in Ethereum’s value. Ethereum, the King of Altcoins, is poised to break its all-time high. According to data from @intotheblock, with the current price at $3,870, 92.93% of Ethereum ($ETH) addresses are profiting from their positions. Out of the 110.95 million addresses with a positive balance in…

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NetMindAI’s Participation In NVIDIA GTC Drives $NMT Price Surge As Whale Accumulation Rages On

The recent announcement of NetMindAI’s participation in the NVIDIA GTC conference has ignited significant excitement within the cryptocurrency community, propelling the price of the $NMT token to a remarkable 47% increase. This development has not only captured headlines in the cryptocurrency space but has also translated into substantial profits for traders. In a remarkable display of trading prowess, one investor managed to turn an initial investment of $11,000 into an astounding $3.12 million in just 28 days, marking an exceptional gain of 280 times the initial investment. In just 28 days, this trader turned $11K into $3.12M, a gain of

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