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The cryptocurrency market went through a shakeout, with most cryptocurrencies experiencing a crash in the past 24 hours. A crypto influencer and Ethereum (ETH) supporter currently holds $8 million in unrealized losses with the ERC-20 token FRIEND. Notably, the pseudonymous influencer Machi Big Brother, with 164,400 followers on X, has over 50% losses with FRIEND. Lookonchain spotted the one-month losing position from the labeled account and reported it in a post on June 8. Machi Big Brother(@machibigbrother) has been buying $FRIEND since May 3. He has spent 4,975 $ETH($15.6M) to buy 8.6M $FRIEND at an average price of $1.81. At the current price, he lost $7.9M on $FRIEND!https://t.co/j5UByo2jpN pic.twitter.com/tiew7f377A — Lookonchain (@lookonchain) June 8, 2024 According to the on-chain analyst, Machi Big Brother has been buying the token since May 3. Overall, he bought 8.6 million FRIEND for an average price of $1.81. The crypto influencer spent 4,975 E...

Over the past month , SafeMoon V2 (SFM) has experienced a notable surge in value, with its price increasing by an impressive 161.90% from $0.000042 on March 13 to $0.00011 on April 12. Even in the past week, token saw a solid 21.00% increase in value, indicating sustained interest and support from the investor community, along with a 7.74% daily rise at press time. SFM 7-day price chart. Source: CoinMarketCap When zooming out, SafeMoon V2 has experienced a substantial 44% price drop over the past year, placing it behind 98% of the top 100 crypto assets in performance, currently trading below its 200-day simple moving average. Picks for you 3 cryptocurrencies under $1 to buy for next week 1 hour ago Trader alert: PEPE set for massive 50% move 2 hours ago Buy signal for Bitcoin as indicator hints $80,000-plus soon 2 hours ago Warren Buffett's favorite books: a guide to the billionaire's bookshelf 2 hours ago With just 12 green days in t...

A savvy crypto trader has turned an initial investment of 81.158k Chainlink (LINK) into 641k USDC within a month , resulting in a $200k profit . According to a tweet by Spot on Chain, a trader has consistently demonstrated an ability to pinpoint the exact points to  ‘buy low and sell high,’ culminating in a $200K profit within just a month. The trade involved swapping 81.158k LINK for 641k USDC. A smart trader swapped 81.158K $LINK to 641K $USDC 2 hours ago and made a $200K profit in just 1 month. He is good at trading $LINK, always buying low and selling high at the right time, and made more than $1M in the past. Detail below pic.twitter.com/HAk41AgX4s — Spot On Chain (@spotonchain) July 28, 2023 The trader ’s success can be traced back to long-term investments in LINK. Accumulating 321.599k $LINK at an average price of $1.8 in 2018 and 2019 laid the foundation for future gains. In 2022, additional investments in LINK were made, leading to a substantial profit of...

Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance. Bitcoin (BTC) sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price bulls keep faith in $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up $600 from its weekend lows. The latest move marked a modest comeback after a grim week for risk assets which saw United States equities suffer thanks to above-expected inflation data. Despite that, Bitcoin still remained below levels flagged by analysts as important to reclaim before the end of the month . Only isolated voices remained optimistic, these including popular trader Kaleo, who maintained that $30,000 remained a BTC price “magnet.” #Bitcoin / $BTC $30K is still a magnet. pic.twitter.com/68EeKhiBVv — K A L E O (@CryptoKaleo) February...