|All Time High:|
|Market Cap: |
|The price of #WHALE today is $0.73 USD.|
The lowest WHALE price for this period was $0, the highest was $0.735, and the exact current price of one WHALE crypto coin is $0.73491.
The all-time high WHALE coin price was $51.32.
Use our custom price calculator to see the hypothetical price of WHALE with market cap of ETH or other crypto coins.
|The code for WHALE crypto currency is also #WHALE. |
WHALE is 2.6 years old.
|The current market capitalization for WHALE is $6,722,094.|
WHALE is ranking downwards to #636 out of all coins, by market cap (and other factors).
|There is a medium daily trading volume on #WHALE.|
Today's 24-hour trading volume across all exchanges for WHALE is $397,153.
|The circulating supply of WHALE is 9,146,791 coins, which is 91% of the total coin supply.|
Note the limited supply of WHALE coins which adds to rarity of this cryptocurrency and increases perceived market value.
|WHALE has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 5 crypto exchanges.|
View #WHALE trading pairs and crypto exchanges that currently support #WHALE purchase.
|Note that there are multiple coins that share the code #WHALE, and you can view them on our WHALE disambiguation page.|
More WHALE (#WHALE) News
|Shiba Inu's Price Surge Is In Jeopardy Due To This SHIB Whale
The upcoming launch of Shibarium is raising high hopes in the Shiba Inu community that the SHIB price will rise due to an expanded use case beyond a meme coin. However, a known SHIB whale could derail the hoped-for price rally.
As one of the industry-leading blockchain security companies PeckShield reported via Twitter today, bankrupt crypto lender Voyager has moved some of its crypto holdings. According to PeckShield, about $9.6 million of cryptocurrencies were transferred from Voyager to crypto exchanges Coinbase, Binance US, and Kraken.
Among them were around 4.9 million VGX ($2.1 million), 221,000 LINK ($1.5 million), 3,050 ETH ($3 million), and also 270 billion SHIB, equivalent to around $3 million. As the security company also informed, Voyager still holds 6.8 trillion SHIB, equivalent to around $82 million
This makes Voyager the 18th largest whale of Shiba Inu and a potential threat to the SHIB price if the tokens were to be sold at some point in the future. The reasons for the transfer were not known at press time.
Rumors are circulating on Twitter that Voyager may want to profit from the recent market rally and liquidate the altcoins to compensate its creditors. If this is true, SHIB could face a sell-off that could push the price down sharply.
Shiba Inu Price Remains Unaffected
Whether the rumors will actually come true remains to be seen. Binance.US agreed to buy a part of Voyager's assets in December after the deal between the company and FTX fell through.
|Bitcoin and Ethereum Whale Activities Plummets, Are Whales Getting Bored...
Over the past few weeks, Bitcoin and Ethereum have moved significantly, initiating a bull run. While the rally seems to be nonstop, one thing worth noting is that the frontline cryptos seem to be lagging behind at the backend. On Tuesday, On-chain analysis platform Glassnode reported that whale participation on Bitcoin and Ethereum is fading away.
The Bitcoin amount of supply last active for 3-5 years has recorded a two-year low. Glassnode added that total Ethereum wallets holding 10,000 ETH tokens and above have also plummeted to a 1 month low.
Bitcoin And Ethereum Whale Activities Drops
As reported by Glassnode, Bitcoin’s 3-5-year supply had dropped to a two-year low, at 2,144,828.279 BTC, lower than its previous low, which was around 2,144,844.528 BTC.
Ethereum whales have also followed suit. The number of wallets holding 10,000 ETH and more dropped to a one-month low of 1,194 ETH.
The lowest level recorded before this figure was 1,195 ETH which was seen as of January 30, 2023. Following the Glassnode report, communities in the crypto market are beginning to wonder and suggest that whales might be getting bored. However, Bitcoin and Ethereum are part of the crypto assets that have gained significantly since the beginning of the year.
Bitcoin, in particular, after dropping by over 50% from its all-time high amid the crypto winter, is beginning to indicate a rebound as it has recently crossed the $23,000 mark. Similarly, Ethereum, after dropping nearly ...
|Litecoin Whale Transactions Set New 2023 High, Bullish Signal?
On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here's how this may impact the crypto's price.
Litecoin Transactions Valued Higher Than $1 Million Have Surged
According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here is the 'whale transaction count,' which measures the total number of Litecoin transactions taking place on the blockchain that involve coins worth at least $1 million.
When the value of this metric is high, it means there are a large number of whale transactions happening on the network right now. Such a trend suggests these humongous holders are actively trading currently.
As the volume of coins involved in transfers like these is very sizeable, a high amount of whale transactions can sometimes cause noticeable effects on the market. Thus, whenever the indicator's value is high, LTC is likely to see more volatility than usual.
Now, here is a chart that shows the trend in the Litecoin whale transaction counts over the last few months:
As displayed in the above graph, the Litecoin whale transaction count has recently spiked and hit the highest values observed since December 28. This would suggest that whales have become active again.
In the chart, Santiment has also marked the trends that the price of LTC followed the last couple of times this cohort showed elevated activity. It looks like the most recent instance was last month...
|Dogecoin Whale Transfers $5M In DOGE To Coinbase, Bearish Signal?
Data shows a Dogecoin whale has deposited more than $5 million in the crypto to Coinbase. Here's what it may mean for DOGE's price.
Dogecoin Whale Sends 57 Million DOGE To Crypto Exchange Coinbase
As per data from the crypto transaction tracker service Whale Alert, a massive Dogecoin transaction has taken place on the blockchain today. In total, this transfer involved the movement of 57,056,400 DOGE, worth upwards of $5 million at the time the transaction was sent.
Since the amount here is so large, the entity behind the transfer is likely to be a whale, or at least a group made up of multiple large investors. Due to the sheer volume of tokens involved in transactions like these, they can sometimes cause noticeable ripples in the price of the asset.
But what change may potentially be produced in the crypto's value from such a movement of coins depends on several factors, with the exact intent behind the transaction being the main one.
Here are some specifics surrounding the latest Dogecoin whale transaction, which may shed some light on why the investor decided to make this move:
As can be seen above, the sending address for this Dogecoin transaction was an unknown address, which is a type of address that's unattached to any known centralized platform, and thus is likely a personal wallet. The receiver in this case was an address affiliated with the crypto exchange Coinbase.
Note that the transaction details show there being another receiver present for this transaction, w...
|Bitcoin Price Surges With Whale Activity, What Happens Now?
The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto enthusiasts believe the crypto winter is close to its end.
The U.S. Consumer Price Index (CPI) report has given Bitcoin and other cryptocurrency leverage. The consumer price index is an important metric that measures the monthly changes in prices paid by United State consumers. The CPI values also measure economic inflation and deflation using statistics from customer expenditures.
Events over time have shown that macroeconomic factors such as inflation and deflation affect Bitcoin and other cryptocurrencies. So when the CPI is high, it means that inflation is also high leading to a spike in interest rates that plummet crypto prices.
So, with this new data, a Bitcoin rally is now possible as other altcoins, such as Ethereum, recorded improved figures.
Whales Pushing Bitcoin Rally
On Saturday, January 14, Bitcoin's price surpassed the $21,000 level on the back of declining inflation figures. BTC gained 7.5% on that day and peaked at $21,299. Santiment, an analytic platform, states that the number of Bitcoin addresses holding between 100-1000 BTC is increasing rapidly, probably pushing BTC.
Santiment also revealed that more than 416 addresses hold 100-1000 BTC. It is an increase of 3.04% in eight weeks. The whales' influence in th...
|Whale Moves Huge Amount Of Shiba Inu Tokens As SHIB Unveils To Metaverse
As the dog-themed crypto asset gets ready to launch its new metaverse, a crypto whale is suddenly transferring trillions of Shiba Inu (SHIB) tokens.
According to a tweet by Whale Alert, a platform for tracking whales said that a huge number of SHIB tokens (3,323,256,285,484) worth almost $30.48 million were moved from one unknown wallet to another.
3,323,256,285,484 #SHIB (30,458,751 USD) transferred from unknown wallet to unknown wallethttps://t.co/f12FEIOwzC
— Whale Alert (@whale_alert) January 12, 2023
The addresses used in the transactions aren't associated with cryptocurrency markets, so it's unlikely that the action has anything to do with buying or selling the trending meme coin.
The Shiba Inu team has recently made several announcements, and this massive transfer of SHIB tokens has occurred in the midst of this. First, Shiba Inu's developers said they want to unveil their new metaverse at the South by Southwest (SXSW) festival 2023 in Austin, Texas.
A virtual reality (VR) tour of the WAGMI Temple, one of 11 locations in Shiba Inu's metaverse showcasing the Dogecoin (DOGE) competition, will be featured in the exhibition.
Expanding The Scope Of Shiba Inu
For the Ethereum-based Shiba Token Decentralized Community Project, millions of devoted SHIB supporters have organized themselves into a movement they call the #ShibArmy. As a result, the cryptocurrency is consistently placed in the top 15 by market cap. According To Shiba Inu Eco...
|XRP Price Goes Upward With Increasing Whale Activity
The crypto market is still facing a declining effect from the raging crypto winter, but XRP is faring on the daily chart. Since last year, several crypto assets have been struggling to stay afloat as the prices of tokens fluctuate. Unfortunately, the overall outcome has not impressed many crypto participants and investors.
But the new year is bringing a positive turn in the crypto market. Some crypto tokens have started reclaiming their value over the past seven days. For example, XRP has taken a more vital route as it joins the train of bullish tokens for an upward move.
XRP Price Trends Upward
In a new development, the price of XRP surged impressively within a few days. As per data from Coincodex, XRP rose by approximately 10% in the past seven days.
Further, Santiment, an on-chain data provider, reported that cryptocurrency's recent reclaim in value is due to increasing active addresses.
According to the data provider, XRP recorded about 41K active addresses on January 8, 2023. But the number surged rapidly within the next few days. As a result, the active addresses have grown to over 148K since January 12, 2023. This shows an addition of over 107K active addresses, representing over a 200% increase in less than seven days.
Whales Show Increasing Activities
Additionally, XR´whales have been engaging massively in transactions, as per WhaleAlert, a crypto data provider. It noted that within the past 24 hours, whales had moved about 193 million XRP worth almost $...
|XRP Tops List Of Gainers As Whale Interest Spikes
XRP has been on the front lines of crypto news for the past couple of weeks as Ripple’s lawsuit with the Securities and Exchange Commission (SEC) heats up. The increased attention has translated to more market movement, and whales are looking to take advantage of this.
Whales Move Into XRP
XRP’s trading volume saw a spike on Tuesday following the upward rally in the crypto market. This saw an increase in the price of the digital asset but perhaps most important for the day was the fact that Binance Smart Chain whales were actually more interested in the coin.
Whale tracking website WhaleStats reported that XRP had become the most traded token among the top 100 BSC whales for the day. It dethroned AAVE which had previously dominated the attention of these large whales to achieve this feat.
JUST IN: $XRP @Ripple flipped $AAVE for MOST TRADED token among top 100 #BSC whales
Check the top 100 whales here: https://t.co/0SYnjw0xQs
(and hodl $BBW to see data for the top 4000!)#XRP #AAVE #whalestats #babywhale #BBW pic.twitter.com/MhK4A1ATd3
— WhaleStats - the top 1000 BSC richlist (@WhaleStatsBSC) January 10, 2023
Now, the increased interest from these whales has not died down yet because while XRP is not currently the most traded token, it is still a top 10 token for them. It features in the fourth spot of most purchased tokens for the largest BSC whales.
Additionally, the XRP smart contract is one of the top 10 most used smart contracts among the top 100 BSC ...
|MATIC Whale Pushes Coin Value With Massive Moves
The few months toward the end of 2022 brought devastating events in the crypto industry. With the collapse of the FTX crypto exchange, chaos erupted in the crypto markets. Prices of almost all the crypto assets took a hit. Also, the negative contagion effect sprung up within the crypto space as the number of investors who lost funds on the platform kept increasing.
However, the beginning of this new year shows signs of a positive dawn for most crypto assets. The crypto market has started seeing some green performance. For instance, MATIC has shown impressive performance by soaring on the chart.
Increased Trading Volume For MATIC
Recently, crypto whales are showing more interest in MATIC due to upward price movements in the coin this year. The 24-hour trading volume for MATIC sits at over $376 million, showing a surge of 174.80% and implying increased interest in the token.
An anonymous whale was reported to have transferred MATIC tokens worth approximately $8 million. The transfer was done on the Binance crypto exchange as a single transaction.
Lookonchain, an on-chain data provider, reported the whale’s transfer on its Twitter page. According to the data provider, the whale has been gathering Polygon tokens from different exchanges and through staking. The whale’s address has gotten up to 153 million MATIC tokens at an average price of $1.16
Also, on January 5, Lookonchain reported a huge MATIC transaction from another crypto whale SmartMoney. The whale is known...
|Shiba Inu Bullish Signal: Whale Withdraws $34.7M In SHIB From Binance
Data shows a Shiba Inu whale has withdrawn $34.7 million in SHIB from Binance, a sign that could be bullish for the price of the meme coin.
Shiba Inu Whale Transfers Out 4,000,000,000,000 SHIB From Binance
As per data from the crypto transaction tracker service Whale Alert, a massive Shiba Inu transfer has taken place during the past day. This transaction involved the movement of 4,000,000,000,000 SHIB on the Ethereum blockchain, worth about $34.7 million at the time of the transfer.
Since the transaction here is so large, it's likely that the entity behind it was a whale. Sometimes, movements from this cohort can have visible impacts on the market due to the sheer scale involved in them. But how the price would respond to their moves depends on what their intention was with the transfer in question.
Here are some additional details surrounding this Shiba Inu whale transaction that may help form a more complete picture regarding the intent behind it:
As you can see above, the sending address for this transfer was a wallet affiliated with the crypto exchange Binance, while the destination of these coins was a wallet attached to the SHIB Staking service. Staking is a process that involves investors locking a number of tokens into a contract for some duration of time and earning some rewards for it in return.
Since the Shiba Inu whale moved this massive stack from an exchange (which investors keep coins on to prepare for dumping) to this staking contract, it's likely that thi...
|Quant (QNT) Records Biggest Whale Transactions In 16 Months
According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021.
Quant Whale Activity Soaring
Just over a week ago, Santiment had also reported some level of whale activity on the Quant Network that caused the QNT token to boost in value by 10%. However, unlike then, the massive increase in whale transactions today is yet to produce such positive effect.
At the time of writing, the price of QNT has decreased by 1.18% in the last 24 hours, falling to a value of $112.71. According to more data by CoinMarketCap, the token's 24-hour trading volume has also declined by 24.38%. That said, Quant (QNT) remains the 32nd largest cryptocurrency with a market cap value of $1,361,238,271.
What To Expect From Quant (QNT) In 2023? Quant (QNT) is believed by many to be one of the most promising coins for 2023. Although the token’s price dropped by 40% over the previous year, Santiment tweeted a report stating that QNT’s total supply on exchanges had decreased by 23.4% within the same period.
This indicates the coin experienced an increased demand in 2022 and could be set for a massive price rally as the crypto market recovers in the coming months.
According to price predictions by Bitnation, ...
|Litecoin Whale Withdraws $32M In LTC From Binance, Good Sign For Rally?
Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally.
Litecoin Whale Takes Out $32M In LTC From Binance
As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. Here are a few additional details regarding the latest whale transaction that may shed some light on its purpose:
As can be seen above, this Litecoin transaction was sent from a wallet attached to the crypto exchange Binance, and its destination was an unknown wallet. An unknown address is any address not affiliated with a known centralized platform and is thus likely to belong to a personal wallet.
Transfers of this nature, where coins move from exchanges to personal wallets, are called exchange outflows, and since holders usually withdraw from these platforms for accumulation purposes, outflows can have a bullish effect on the price.
Here, the exchange outflow was done by a whale, so it may mean that this humongous investor is planning to hold onto their Litecoin for an extended period of time. In the few days since the new year has started, LTC has been rallying up with the coin already reclaiming $75, so the whale not selling here to take advantage of this profitable opportunity and instead opting to accumulate suggests conviction from the investor that there is more to come for LTC.
There has also been another bullish signal for Litecoin recently, and it's that the mo...
|Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High
On-chain data shows the combined Litecoin address count of sharks and whales is now at a 2-year high, a signal that could be bullish for the asset's value.
Litecoin Addresses Holding More Than 1,000 LTC Now At Highest Level Since 2020
As per data from the on-chain analytics firm Santiment, LTC has been climbing strongly since the population of these large addresses began to rise. The relevant indicator here is the 'Litecoin Supply Distribution,' which tells us how many addresses (or holders) belong to each wallet group in the market currently.
Addresses are put into these wallet groups based on the total number of coins that they are currently holding. For example, the 1-10 coins band includes all addresses that are holding between 1 and 10 LTC right now. The Supply Distribution metric for this band would then measure the total amount of such addresses that are there in the market currently.
Now, the wallet groups of interest in the current discussion are those with at least 1,000 LTC. Since there is no upper bound here, all balances ranging from this amount to infinity are stacked together. Here is the Supply Distribution chart for these Litecoin address bands:
As the above graph displays, the value of the indicator for Litecoin addresses falling inside this range has been rising since May of this year. Holders that have 1,000 or more coins in their wallets are sharks and whales, so this uptrend implies that the total number of these large investors has been going up in t...
|Whale Accumulation Paints Bullish Picture For XRP
XRP whales have taken advantage of the price decline recorded in the crypto market to fill up their bags. These large investors have been rapidly buying up the tokens and increasing the percentage of supply they hold. In the last month, the holdings of these large whales have seen a significant uptick, sending their cumulative total holdings to one of the highest it has ever been.
Gobbling Up The Coins
Data from Santiment shows that the holdings of XRP whales with 100,000 to 10 million coins on their balances have jumped more than 6% in the last five weeks. These whales had held around 11% of the total XRP supply in mid-November following the crash of the FTX crypto exchange. But since then, they have increased their holdings by millions.
Presently, the total percentage of supply held by these large whales is hovering around 18%. The chart below shows a clear uptrend in the last month where the holdings of these whales have increased, especially those holding between 1 million to 10 million coins.
The same trend is also seen among wallets holding above 10 million coins. These wallets now hold a larger majority of the total supply at 71.67%, up from the 70.8% recorded in mid-November. So in total, addresses holding 100,000 coins and above now command around 90% of the total XRP supply.
Will XRP Rally From Here? XRP’s price is currently moving in tandem with the crypto market which is still feeling the effects of Wednesday’s FOMC announcement. However, this clear...
|Latest Ethereum Short Price Rally – Courtesy Of Whale Activities?
Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset will rise above the resistance level in the coming days.
Weeks after a massive fallout, the second largest cryptocurrency is heading towards a comeback. The FTX crisis, with other macro factors, affected the entire crypto market, with many assets crashing flat. Although there are many uncertainties in the crypto market, hope seems to be returning to the Ethereum community.
Vitalik Buterin, the Ethereum co-founder, made a statement urging people to focus on the technology instead of the current prices. The co-founder was confident that Ethereum-based applications for monetary transactions would scale up the blockchain in the long run.
Ethereum Whales Are Buying The Dip
In Buterin's notes, he expressed a bullish stance that the decentralized stablecoins and the other applications built on Ethereum could have long-term benefits.
Meanwhile, bullish Ethereum holders are taking advantage of the dip to accumulate more Ether positions. According to data from Santiment, Ethereum whales are taking advantage of the low prices to buy more ETH.
The blockchain analytical firm tweeted that the shark and whale address, with 100 to 1 million ETH, added 2.1% more coins to their wallets. It could be a sign of bullish sentiment for a price rally in the weeks to come.
Ethereum is currently trading ...
|Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines
On-chain data shows the Bitcoin exchange whale ratio has sharply declined recently, a sign that may prove to be bullish for the price of the crypto.
Bitcoin 7-Day MA Exchange Whale Ratio Has Rapidly Gone Down Recently
As pointed out by an analyst in a CryptoQuant post, the metric also saw a similar decline during the end of 2018.
The 'exchange whale ratio' is an indicator that measures the ratio between the sum of the top ten transactions going to exchanges, and the total exchange inflows.
The ten largest transfers to exchanges are assumed to be coming from the whales. So, this ratio tells us what part of the total exchange inflows is being contributed by these humongous holders right now.
When the value of this metric is high, it means the majority of the inflows are made up by whales currently. Since one of the main reasons investors deposit to exchanges is for selling purposes, such values could be a sign that whales are dumping large amounts, and might hence be bearish for the price of the crypto.
On the other hand, the indicator having low values suggests whales are making a healthier contribution to the inflows, and could thus be either neutral or bullish for the value of BTC.
Now, here is a chart that shows the trend in the 7-day moving average Bitcoin exchange whale ratio over the last few years:
Looks like the 70-day MA value of the metric has been sharply falling off in recent weeks | Source: CryptoQuant
As you can see in the above graph, the Bitcoin exchange whal...
|Litecoin Whale Withdraws $65.5M In LTC From Binance, Bullish Sign?
Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin.
A Litecoin Whale Has Taken Out 835.8k LTC From Binance
As per data from the crypto transaction tracker service Whale Alert, two large LTC transfers have been spotted on the chain during the past day.
The first of these Litecoin transactions involved the movement of 73,794 LTC, worth just under $5.8 million at the time of the transfer.
Massive transfers like these usually belong to a single whale, or an entity made up of multiple investors. Depending on the intent behind them, such transactions may have noticeable impacts on the market.
Here are some additional details about the transfer that might shed some light on why it was made:
Looks like the sender had to pay a negligible fee of 0.00004518 LTC for the coins to go through | Source: Whale Alert
As you can see above, the sending address in this case was attached to a wallet associated with the crypto exchange Binance, while the receiver was an unknown address.
Unknown addresses like these are usually personal wallets, and are unaffiliated with any known centralized platform.
The second Litecoin transaction saw a whopping 762,073 LTC move on the chain, equivalent to $59.8 million according to the exchange rate at the time of the transfer.
Below are the details regarding this transaction.
This massive transfer seems to have taken only $0.02 in fees to be possible |...
|XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?
Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto.
Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance
As per data from the crypto transaction tracker service Whale Alert, a huge XRP transfer was spotted earlier in the day.
The transaction amounted to a total of 350,000,000 XRP, and was worth around $134.8 million at the time of the transfer. At the current exchange rate, this stack of coins converts to about $130 million.
Such massive transactions usually belong to either a single whale, or an entity made up of multiple investors.
So, why was this large transfer done? Here's some additional details about the transfer that may be revealing about the intent behind the transaction:
The complete details of the massive 350k coins transfer | Source: Whale Alert
As you can see above, the sender address in this case was a wallet belonging to the crypto exchange Binance.
The destination of the transfer was an unknown wallet. Such wallets are likely to be personal addresses, or at the very least aren't part of any central exchange or other crypto platform.
This transaction is an example of an 'exchange outflow,' since the XRP exited the exchange supply here. Similarly, the opposite type of transfer is called an 'exchange inflow'
Generally, large inflows from whales are bearish for the price of the crypto since investors usually deposit to exchanges for selling purpose...
|FTX Hacker Becomes 35th Largest Ethereum (ETH) Whale – Dump Incomi...
Last Friday, the FTX drama took a new turn when it became known that some of the remaining customer funds were stolen by a hacker. According to current knowledge, it must have been an inexperienced insider who gained access to FTX's wallets.
Hacken CEO and co-founder Dyma Budorin stated that the hacker was able to steal more than $450 million from FTX hot wallets. However, he made a fatal mistake by using his verified personal account on crypto exchange Kraken to send some of the stolen funds in Tether (USDT) on the Tron blockchain.
Kraken has already traced the person's identity, after which Tether and Paxos blacklisted some of the assets. 'We know the identity of the user,' Kraken CSO Nick Percoco said on Friday.
Ryne Miller, general counsel for FTX's U.S. subsidiary, confirmed Saturday on Twitter that FTX US and FTX.com had moved all of their digital assets to cold storage, where they are better protected from attack, following Friday's bankruptcy.
'Process was expedited this evening - to mitigate damage upon observing unauthorized transactions,' Miller said.
In a statement, FTX Chief Restructuring Officer and CEO John Ray said that in response to the hack, 'an active fact review and mitigation exercise was initiated immediately in response. We have been in contact with, and are coordinating with law enforcement and relevant regulators.'
FTX Hacker Becomes A Ethereum Whale
While prosecutions have already been initiated, the hacker nevertheless began swapping large a...
|Polygon Sees Large Volume Of MATIC Whale Transactions In Last 24 Hours
The Polygon network is now lit like Christmas lights following a number of positive MATIC news that involve some of the biggest names in social media and finance industry.
For starters, Instagram users will soon have the ability to mint, showcase and even sell non-fungible token (NFT) collectibles through the blockchain network.
Two days ago, Meta, the owner of the social media platform, announced it will soon test said functionality to a small number of creators in U.S.
|Massive Crypto Whale Activity In USDT And USDC Suggests Upcoming Bull Ru...
Volatility is one of the distinguishing attributes of the crypto market that springs surprises in several observers. It creates a desirable environment for traders and investors in the crypto industry to advance with huge profits.
Over the past week, the crypto market experienced the presence of the bulls in considerable measure. Most of the crypto assets made some impressive reclaims in their value. Most tokens were forced to break their resistance and advance more to the north. This pushed the cumulative market cap to its coveted level of $1 trillion.
But this week has calmed the trends in the crypto market. Hence, many crypto analysts are now observing to uncover the next possible move in the market. They've focused on the recent activity of some major stablecoins, such as Tether (USDT) and USD Coin (USDC).
Crypto Market Set For Upcoming Volatility
According to on-chain data, the stablecoins USDT and USDC have witnessed massive whale activity. Such high-valued transactions indicate the possibility of significant volatility in the future.
In its report, on-chain data provider Santiment noted that the Whales engaged massively in crypto activity from Monday after the weekend volatility. It reported that the most significant digital assets with $100k+ whale transactions are the stablecoins USDT and USDC.
As more considerable buying power is in play, the outcome will be a significant market movement. Hence, the market will experience volatility in the future.
A more positive o...
|Chainlink Price Skyrockets Amid High Whale Activity
Chainlink price movement this weekend was interesting as the market saw it rise unexpectedly. The crypto recorded increasing whale and shark activities leading to a spike. The oracle service provider witnessed token additions worth over $313 million on whale and shark LINK addresses.
The price movement of many cryptos has been uncertain, given the volatility in the market. While many have recorded a steady climb, others have continued downward with little rallies.
Before this new record, LINK price wasn’t doing well. But this past weekend saw the token shooting to $8. Currently, LINK is trading at $7.8, with a market capitalization of $3.8 billion over the last 24 hours.
Chainlink price soars on the chart l LINKUSDT on Tradingview.com
LINK And Other Altcoins Witness Strong Rally As October Draws The Curtain
According to data from Santiment, the whale transactions on Chainlink reached a 4-month high over the weekend. The whale activities caused a spike in market activities, teasing the $8 level a few times.
The whale activities remained strong all through October. Saturday recorded 33 LINK transactions worth over $1 million, the highest whale activity since June 27.
Since September, Chainlink has been the target of investors and crypto traders. The $8 is a strong resistance level for Chainlink (LINK). A break in the price above the $8 level could have LINK moving upwards. Chainlink has been consolidating strongly within the $6-$8 range for some time now.
Aside from Chai...
|Dormant Ethereum Whale Rouses As Crypto Market Sees A Revival
The crypto market has now seen a much-needed recovery after weeks of flat market prices. Most digital assets in the space are currently in the green and Ethereum is no different. The second-largest cryptocurrency by market cap is up by more than 14% in the last 24 hours, plunging more investors into profit. Just like everyone else, a dormant whale has roused from their sleep to benefit from the current market recovery.
Ethereum Whale Wakes Up
Through the recovery that has rocked the crypto market, none has been more interesting than the ETH whale that has roused after more than 6 years of dormancy. The whale had made a transfer for the first time in six years, moving millions of dollars worth of ETH to two addresses.
This whale had begun to be active just as the price of the digital asset was rallying. By the time the whale was done moving thousands of ETH to other addresses, the second-largest cryptocurrency by market cap would grow by another 8%.
Even after transferring out more than 16,000 ETH, there is still a little over 85,000 ETH left on the balance of this whale. For those wondering where all of these ETH came from, a little backtracking through three wallets shows that some of the ETH (20,000) had actually come from the Ethereum Genesis block.
An #Ethereum whale wallet that had not been active for 6+ years woke up today & moved $22.2M worth of $ETH to an empty wallet. $ETH's price is +8.1% since this transaction, briefly jumping over $1,500 for the 1st time si...
|Litecoin Registers Over $1 Million In Whale Transactions For 2022 &ndash...
Litecoin, for most part of the current year, has been silent and is only mentioned when its price goes down relative to the overall sentiment of the whole crypto market.
Litecoin manages to increase its value by 1.3% over the last week
LTC is seen trading at $54.89 over the next five days
A sharp fall from its current trading price is likely to happen over the next few weeks
Since attaining its $410.26 all-time high (ATH) on May 10 last year, the crypto has been on a steady decline, losing a big chunk of its milestone value.
As of Monday (Oct. 25), according to data from Coingecko, the 22nd largest cryptocurrency in terms of market capitalization is trading at $52.80, up 1.7 percent in the last seven days.
LTC only managed to pump its price by 1.4% over the last month and has not shown any indication of trimming its losses since it hit its ATH.
But over the last week, Litecoin’s ecosystem witnessed significant activities that might convince prospective buyers to put their money on the digital asset.
Litecoin Whale Transactions And Address Activity Up
LTC managed to increase its value by 3% over the last 24 hours and by 1.3% for the past week. Such a development is a surprise considering many digital currencies, Bitcoin and Ethereum included, continue to struggle with the extended bearish market landscape.
But Litecoin managed to stay green across its price charts except for its year-to-date tally probably because of the tremendous network activity its blockchain is cu...
|BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of 'S...
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher's summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market
While bitcoin (BTC) has been trading under the $20K region and trading sideways, observers have witnessed a number of old coins move onchain. The onchain movement comes at a time when market volatility is expected. For instance, the latest Glassnode Insights report called 'A Coiled Spring,' expects some bitcoin price fluctuations to occur in the near future.
'The bitcoin market is primed for volatility, with both realized and options implied volatility falling to historical lows,' Glassnode wrote on October 17. 'Futures open interest has hit new all-time-highs, despite liquidations being at all-time-lows. Volatility is likely on the horizon, and Bitcoin prices rarely sit still for long.'
The following day, researchers from the crypto analysis platform Cryptoquant tweeted that 48,000 dormant bitcoins moved onchain on Tuesday. 'Dormant bitcoin moved out from Coinbase Pro,' Cryptoquant said on Twitter. 'The outflow of 48K BTC is coming from Coinbase Pro and has a dollar value of [$940 million].'
Cryptoquant said that a 'big portion' of the onchain spending stemmed from batches of really old bitcoins, at least three to five years in age. The researchers estimate r...
|Bitcoin Whale Ratio Surges As Leverage Remains High
On-chain data shows the Bitcoin whale ratio has surged up recently, as leverage in the market has remained around an all-time high value.
Both Bitcoin Whale And Leverage Ratios Are Around ATHs Right Now
As pointed out by an analyst in a CryptoQuant post, BTC investors are involved in some high-risk trading in the futures market currently.
The 'exchange whale ratio' is an indicator that measures the ratio between the sum of the top ten inflows to exchanges, and the total exchange inflows.
Since the ten largest transfers to exchanges are assumed to be from the whales, this metric tells us about whether whales are active on the market right now or not.
When the value of the ratio is high, it means whales are making a big contribution to the exchange inflows at the moment.
Now, here is a chart that shows the trend in the Bitcoin whale ratio over the last few years:
Looks like the value of the metric has been elevated in recent days | Source: CryptoQuant
As you can see in the above graph, the quant from the post has marked the relevant periods of trend for the Bitcoin exchange whale ratio.
It seems like usually whenever the indicator has hit a high and then subsequently started declining, the price has also taken a large hit.
From the chart, it's apparent that the metric has risen up during recent months, and is now floating around all-time high values.
The data for the 'estimated leverage ratio' is also displayed. This indicator tells us the amount of leverage being used by th...
|8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Du...
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the 'Bear Whale,' sold the coins at $300 per unit, which put extreme pressure on the nascent bitcoin market that saw roughly $29 million a day in global trade volume.A Look at the October 2014 Bitcoin 'Bear Whale Incident'
While bitcoin (BTC) is trading for just below the $20K region, approximately eight years ago today, bitcoin traders faced off with the notorious 'Bear Whale.' It was October 6, 2014, when the anonymous trader decided to sell 30,000 BTC in a single trade for $300 per coin.
At the time, the trader was looking to obtain $9 million from the sale and today, those bitcoins are worth roughly $603 million. When the event took place, the crypto community went wild and it even caught the attention of mainstream media outlets. The price of bitcoin just before Bear Whale's infamous dump was around $330 and the trader's $300 monstrous sell wall was eaten up by market traders that day.
Five years ago, Bear Whale allegedly posted to Reddit claiming it was his address that sold the coins, and he further said he acquired the bitcoins at $8 per unit. He also noted that he hastily put up the 30,000 BTC trade that day because he wanted to get away from his desktop.
'I could have gotten a better price if I spent more time working the order I guess,' Bear Wha...
|Bitcoin Whale Selling Pressure Continues As BTC Dips Under $20k
On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k.
Bitcoin Exchange Whale Ratio Has Spiked Up To High Values
As pointed out by a post from CryptoQuant, the exchange inflows that followed the US CPI release lead to the price crashing 10% in only a couple of hours.
The 'exchange whale ratio' is an indicator that measures the ratio between the sum of the top 10 Bitcoin transactions to exchanges, to the total exchange inflows.
Since the ten largest transfers to exchanges are usually from the whales, this metric's value tells us how much of the total inflows are coming from these humungous holders.
When the value of the ratio is high, it means whales are making up for a large part of the total transactions to exchanges. Such a trend can be a sign of dumping from this cohort.
Now, here is a chart that shows the trend in the Bitcoin exchange whale ratio (EMA 7) over the year 2022 so far:
The value of the metric seems to have been quite high in recent days | Source: CryptoQuant
As you can see in the above graph, the 7-day exponential moving average of the Bitcoin whale ratio has been elevated recently. This shows that a big part of the recent activity on exchanges has been coming from these holders.
Another indicator, the Spent Output Value Bands, tells us what the individual contributions to the inflows are from the different holder groups in the market.
|On-Chain Data Shows Bitcoin Whale Dumping Behind Dip Below $19k
On-chain data shows the Bitcoin exchange whale ratio spiked up just before the crypto's plunge below the $19k level.
Bitcoin Exchange Whale Ratio Breached 90% Right Before The Price Dip
As pointed out by an analyst in a CryptoQuant post, the whale activity on exchanges has been raised recently.
The 'exchange whale ratio' is an indicator that measures the ratio between the top ten inflow transactions to exchanges and the total exchange inflows.
The ten biggest transfers are assumed to be from the whales, so that the metric tells us what part of the total number of coins moving into exchanges is coming from these humungous holders.
When the value of this indicator is high, it means a large part of the inflows is coming from whales right now. Such a trend can be a sign of dumping from this cohort and can therefore be bearish for the price.
On the other hand, low values of the ratio can suggest whales are making up a healthy part of the transactions to exchanges at the moment. This kind of trend can either be bullish or neutral for the crypto's value.
Historically, the metric has usually had values above 0.85 during bear markets or fake bulls, while it has generally remained below this threshold during bull runs.
Now, here is a chart that shows the trend in the Bitcoin exchange whale ratio over the last couple of months:
The value of the metric seems to have been elevated recently | Source: CryptoQuant
As you can see in the above graph, the Bitcoin exchange whale ratio surged up...
|Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 201...
In two days' time, bitcoin's price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data shows the 10,000 coins moved this week originally came from the Mt Gox breach that occurred on June 19, 2011. Whale That Once Held 134,000 Bitcoin From the 2011 Mt Gox Hack Spends the Last 10,000 This Week
A 2013 whale moved approximately 10,001.514 BTC on Sunday, August 28, and on Monday, August 29, 2022. The funds stemmed from two addresses (1,& 2) created eight years and eight months ago on December 19, 2013.
The 10,001 bitcoin transaction was caught by the blockchain parser btcparser.com, a tool that often catches so-called 'sleeping bitcoins' moving after sitting idle in addresses for years. Some of the sleeping bitcoins caught by blockchain parsers are BTC block subsidies mined in 2011, 2010, and 2009.
The 2013 bitcoins were sent in two batches of 5,000 BTC per transaction, and then split into multiple smaller transactions. For instance, one address was split into multiple fractions of 47.98 BTC, and one single transfer for 200.99 BTC.
The '14RKF' address that sent the 5,000 BTC came from a wallet 18JPr that once held 24,404.50 BTC. The 24K BTC from wallet 18JPr was originally received on November 24, 2012.
Some of the wallets that received fractions of 47...