Bitcoin price moved to the intraday low of $37,260 to test the critical resistance level of $40,000. While pressure continues in both directions from current levels, Ethereum whales appear to be accumulating popular altcoin projects such as MATIC, LINK and SAND, primarily SHIB. In this article, let’s take a look at the biggest whale trades that have taken place over the past 24 hour time frame. As Kriptokoin.com, we provide the details…
Here is the current WhaleStats whale report
According to the WhaleStats whale tracker, several cryptocurrencies have gained high purchasing power from whale addresses that have added more than $10 million in different tokens to their addresses. . MANA, SAND, MATIC, SHIB, LINK and many other positions are among the purchased cryptocurrencies. The whales are most likely entering the accumulation phase and adding at the discounted price as they believe in recovery as seen by the large buying power in the market. According to the
bitcoin and market cap chart, the market is seeing cash inflows on March 8, but not ignoring the previous losses that Bitcoin and other cryptocurrencies have had over the past week. Shiba Inu reclaimed the top spot as the largest dollar-value holding in whale addresses, thanks to a whales buyout. At the time of writing, all of SHIB’s assets were valued at $1.6 billion, while FTTs were valued at $1.4 billion.
SAND is trading at 50% below ATH despite whale appetite
According to Shiba Inu’s TradingView data, the meme token’s price is not rising or showing any positive activity, which means hodl’s price is not rising. shows that the increase in its value is due only to the purchase of whales. Other cryptocurrencies on the list, such as SAND, are not performing well in the market, with only a 2% increase in the previous 24 hours. SAND, SHIB, and MATIC are all showing signs of improvement, but have not regained even half of their original values.
According to the statistics provided, Chainlink remains one of the most regularly acquired altcoin projects by whales, but it also shows no sign of significant reversal and is trading on the same decline as other cryptocurrencies. he sees.
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