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Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big

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XRP whale just moved over $60m amid ETF hype

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XRP has recorded a notable large transaction after an unidentified whale moved 29.5 million tokens, worth approximately $63.8 million, to cryptocurrency exchange Coinbase. On-chain analysts often interpret such large transfers to exchanges as a bearish signal since they typically suggest the holder may be preparing to sell. Large inflows to centralized exchanges can increase short-term selling pressure, which may negatively impact prices.  The April 15 transaction comes amid growing hype around a potential spot XRP exchange-traded fund (ETF) approval.  XRP whale transfer to Coinbase. Source: Whale Alert XRP ETF hype Data indicates that XRP has taken the lead in the race for a spot cryptocurrency ETF. The token currently has at least 10 active ETF filings, more than any other altcoin, including Solana, Litecoin, and Dogecoin. Among the names of XRP ETF applications are Bitwise, ProShares, Grayscale, WisdomTree, Franklin Templeton, and Hashdex. ...

Colossal whale buys over $250 million of Ethereum in 4 days

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Ethereum (ETH) has been experiencing a notable uptrend recently, propelling this leading altcoin past the significant milestone of $3,000. Notably, one whale has potentially played a substantial role in fueling this streak of gains. Namely, on February 22, a major whale identified as 0x7a9 acquired an additional 16,160 ETH tokens, equivalent to $46.95 million, at an approximate price of $2,906 per token.  Concurrently, they withdrew 9,277 ETH (valued at $26.95 million ) from the Binance exchange. Additionally, this investor purchased 6,883 ETH using 20 million USDT through the decentralized exchange aggregator platform, 1inch. Picked for you Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’ 22 mins ago Orbs and IntentX collaborate to elevate on-chain OTC derivatives and spot trading  1 hour ago How much money does Jeff Bezos make a second? 1 hour ago R. Kiyosaki: Gap between rich and poor is getting wider than the Grand Cany...

BTC price bounces at $25.8K lows amid warning over low whale interest

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Bitcoin traders line up "safe" support levels, but order book data is making one observer uneasy about the future. Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Traders: BTC price must retain $26,500 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp. The pair saw weakness after the start of the week’s final Wall Street trading session, briefly cutting through the key 100-day and 200-week moving averages (MAs) before rebounding. BTC/USD 1-hour candle chart (Bitstamp) with 100-day, 200-week MA. Source: TradingView As the weekend began, traders were split over the likely course of events to come. “Nice daily close. Has to hold 26.5K going forward. That's the line in the sand for me,” Daan Crypto Trades told Twitter followers. BTC/USD annotated chart. Source: Daan Crypto Trades/ Twitter Michaël...