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A Shiba Inu whale has made mind-blowing profits by buying low and selling high. The whale was an early investor and purchased SHIB on August 6, 2020 a week after its launch. The wallet spent just $3,800 back then and got to accumulate 15.28 trillion SHIB tokens. The dog-themed token was hovering at the $0.0000000009 range when it was added to his wallet. Fast-forward to five years, the whale has made $6.05 million in profits with the $3,800 investment in Shiba Inu. Despite the hefty sale, the whale still holds 2.15 trillion SHIB tokens which is currently worth $52 million and has made an overall profit over the years worth $109 million, according to SHIB data from Lookonchain. Also Read: Here’s Why You Should Consider Holding Shiba Inu Till 2030 The buy low and sell high is the dream of every investor but not everyone can time the market easily. While some miss the bus, the others get in late and incur losses. The stories of small investments turning into millions are aplenty in the br...

Blockchain tracking firm Lookonchain says a crypto trader is looking at massive losses after one decentralized finance (DeFi) project underwent a severe correction. According to Lookonchain, a crypto whale sold nearly 18 million Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), for a loss of more than $12 million after the altcoin plunged below $1. “A whale sold off all ENA and lost over $12 million! This whale unstaked 17.87 million ENA ($8.78 million) [on Monday] and deposited it to Binance. The whale had accumulated these ENA on Binance at an average price of $1.17, resulting in a loss of over $12 million.” ENA is trading for $0.4484 at time of writing, down 4.6% in the last 24 hours. Next up, Lookonchain reports that crypto whales are buying up top altcoin Ethereum as its price chops around $2,600. “It seems that whales are accumulating ETH! 0xb99a…BcF5 withdrew 56,909 ETH ($151.6 million) from Binance [Monday]. 0xE...

Solana (SOL) is one of the most successful cryptocurrencies highly funded by venture capitalists (VCs) through private investment rounds. However, its supply is still concentrated in a few whales and institutions, who occasionally dump their holdings on the market. In particular, the on-chain analyst behind Lookonchain identified an entity that has been constantly selling Solana tokens throughout the year. Consolidated in two addresses, this whale or institution has sold 695,000 SOL worth $99.50 million in 2024. As Lookonchain reported, these addresses have been selling a weekly average of 19,306 SOL, worth $2.76 million. The whale still has 1.88 million SOL staked in Solana’s protocol for a nominal value of $255.89 million. Picks for you Phil Murphy's net worth revealed: How rich is the Governor of New Jersey? ...

Although Solana (SOL) has dropped below the crucial $150 support level, the decentralized finance (DeFi) project is witnessing bullish sentiment in the short term. Indeed, the $150 position has been viewed as crucial to help the cryptocurrency attain a new all-time high. Notably, despite benefiting from the overall market trajectory, Solana remains among the standout cryptocurrencies of the recent rally, having gained interest amid the surge in blockchain projects, particularly meme coins launched on the platform. Additionally, the crypto has maintained a bullish sentiment despite network issues such as congestion, which have since been resolved. Picks for you $15 billion -revenue payment provider reintroduces cryptocurrencies 2 hours ago Solana trader turns $49,000 into $2 million in 5 hours 4 hours ago 2 cryptocurrencies to reach $100 billion market cap in May 4 hours ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 5 hours ago ...

Uniswap’s 15% price drop after the SEC’s Wells Notice led major holders to seek more promising alternatives. Terra Luna excels with dynamic stablecoin options and instant settlement. NuggetRush’s no-tax model, governance perks, and play-to-earn game lure whales. As the SEC announce­d a Wells Notice in April, Uniswap (UNI) price saw a significant 15% decre­ase, leading to a $5.6 billion reduction in marke­t capitalization. This unfavorable event prompte­d influential investors, or “ whale s,” to shift the­ir focus towards NuggetRush (NUGX) and Terra Luna (LUNA), see­king promising growth prospects for their portfolios. These­ altcoins are re­cognized for their consistent e­xpansion and cutting-edge advanceme­nts. NuggetRush stands out among bullish altcoins by me­rging mining minerals and cryptocurrency into an engaging blockchain game. Players e­arn rewards through distinct charact...

Bitcoin drops $1,000 in just one hour as a cascade of liquidations greets late Bitcoin long positions. Bitcoin (BTC) tested $35,000 support into the Nov. 14 daily close as sell-side pressure sparked multi-day lows. BTC/USD 1-hour chart. Source: TradingView BTC price sheds $1,000 in an hour Data from Cointelegraph Markets Pro and TradingView tracked a swift retreat for BTC price action, which fell over $1,000 in a single hourly candle. The largest cryptocurrency found support at the $35,000 mark, this forming a springboard for a recovery to press time levels of around $35,600. The volatility came hours after what at first looked like a positive news event for Bitcoin and crypto — United States inflation slowing beyond expectations. At the same time, however, analysts noted that beyond smaller retail investors, there was little appetite for buying BTC at prior levels around 18-month highs. $BTC once again spot buying on long liquidations & deleveraging overall though still want to ...

Shiba Inu (SHIB) exchange volume increased by 90% to $267 million in the last 24 hours during this week’s crypto bull run. Shiba Inu’s on-chain activity also surged with cryptocurrency wallet addresses moving over $50 million in SHIB in the same period. Notably, this rally added up close to $300 million in SHIB’s market cap from October 23 to October 24 at the time of publication. The increased volume accounts for 89% of the capitalization growth, evidencing a bullish trend and a ‘fear of missing out’ (FOMO) dominating sentiment. As for the on-chain activity, Finbold filtered whale alerts for SHIB transactions moving over $500,000 on the SpotOnChain platform. Interestingly, these whale s moved $48.553 million in Shiba Inu tokens in a day-over-day time frame, with over 6.40 trillion SHIB being transacted in 15 spotted transactions. Among the whale s, we could identify Binance, Kucoin, Wintermute Trading, Robinhood, BTC Turk, and a few unknown addresses. SHIB whales trans...

A wallet associated with Ethereum co-founder Vitalik Buterin has been flagged sending 400 ETH worth $600,000 to Coinbase. Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million. Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worth an estimated $632,000 from Vitalik’s wallet to Coinbase on Sept. 25. @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago. Notably, Ethereum’s co-founder has deposited a total of 2,421 $ETH to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days. More details: https://t.co/tiJwn0omkk… https://t.co/C3BqRmsUau pic.twitter.com/8v1jmadwaM — Spot On Chain (@spotonchain) September 25, 2023 According to Spot On Chain, Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past 10 days. The blockchain an...

ZachXBT Sued For Defamation ZachXBT received the Lawsuit (attached below for reference) from MachiBigBrother, accusing him of defamation. However, Zach firmly believes the Lawsuit is baseless and merely an attempt to stifle free speech. This situation exemplifies the power dynamics at play, with Machi’s significant wealth being used to intimidate and silence a detective who lacks similar financial resources. advertisement The article that led to the Lawsuit , titled “22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang),” delved into alleged financial improprieties and the failure of multiple projects associated with MachiBigBrother. Also Read: Machi’s Support For Binance Amid SEC Lawsuit … Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must R...