XRP Whales Stopped Sending Coins To Binance. Discover What They Are Waiting For
XRP is struggling below $1.35. Selling pressure is present. Uncertainty is higher. And the largest participants in the market have quietly stepped back from the exchange in a way that changes the overhead supply picture entirely. Related Reading: The Crypto Market Is Building Leverage On A Weak Foundation – Discover Which Way It Breaks A […]
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Shiba Inu and PEPE whales have begun to make their move in a market currently rocked with uncertainty. This time around, these prominent investors are sending large amounts of tokens to centralized exchanges like Binance, suggesting that they could be looking at dumping the meme coins. Such a move would put undue pressure on both […]
Ethereum whales have always been big on meme coins. Coins like Shiba Inu and Dogecoin have gotten massive love from these whales who hold a good chunk of the ETH supply. Even through the downtrends, these whales have continued to show love for these meme coins and they have not deviated from it. In the […]
On-chain data shows that XRP whales are currently offloading their coins, which paints a bearish outlook for the altcoin. This comes as XRP struggles to stay above the psychological $3 level and risks dropping to new lows. XRP Whales Offload $480 Million Coins In Two Weeks Santiment data shows that XRP whales have dumped 160 million coins ($480 million) since around September 4, when their holdings peaked at around 6.95 billion. Since then, their XRP holdings have dropped from 6.95 billion to around 6.77 billion. These whales hold between 1 million and 10 million tokens. Related Reading:....
On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As pointed out by a CryptoQuant post, the Bitcoin whale ratio has started going up above the 0.50 level. This signal has usually meant a bearish outlook for the crypto in the short term. The BTC all exchanges whale ratio is an indicator that gives an estimation of how many whales are sending their coins to exchanges. The metric does so by taking the sum of the top 10 transactions to each exchange and dividing it with the....
On-chain data shows whales are sending their Bitcoin from spot exchanges to derivatives, indicating that they are building up their positions. Bitcoin Whales Build Up Their Positions On Derivative Exchanges As pointed out by a CryptoQuant post, Bitcoin whales seem to be moving their crypto from spot exchanges to derivative exchanges. The relevant indicator here is the “all exchanges to derivative exchanges flow mean,” which shows the total amount of coins being transferred from spot exchanges to derivative exchanges. When the value of this metric shows continuous high values,....