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A crypto trader has been actively trading PEPE and decided to capitulate for an accumulated $2 million in losses. This is because the trader started selling his PEPE stack below the dollar-cost average (DCA) as crypto currencies experienced a crash. Finbold retrieved data from SpotOnChain on June 26, consolidating the trading history and results from the Ethereum (ETH) address ‘0x8376…‘. Overall, this crypto trader purchased 2.253 trillion PEPE at an average price of $0.00001325 per token. Lately, the whale started selling this stack, with an increased selling activity in the past 8 hours from publication time. Picks for you Will Germany's 900 BTC dump tank Bitcoin below $60,000?  23 mins ago Nobel Prize winning Eco...

The cryptocurrency market seems to show signs of a rebound after a period of stagnancy. VeChain (VET) has rallied by nearly 7% in the daily charts, 2.1% in the weekly charts, and 4.5% in the last 14 days. However, the asset’s price has fallen by almost 12% over the previous month. Source: CoinGecko Also Read: VeChain (VET) Could Rally 116% to $0.08: Predicts Analyst However, many traders are in the crypto sector for the long run. Bitcoin (BTC) has been one of the best-performing assets of the last decade-and-a-half. Many investors are curious if a $1000 investment in VET will earn them a million by 2030. According to Changelly, VeChain (VET) could hit a maximum price of $0.599 in 2030, which it may attain by December of that year. To have one million dollars worth of VET at $0.599 per coin, you will need 1669449.0818 tokens. The price of 1669449.0818 tokens right now is about $60,000. In such a scenario, your portfolio will grow by almost 1567%. Also Rea...

A Bitcoin (BTC) address holding 1,701 BTC, worth $115.41 million, has been inactive since 2014. The 10-year dormant Bitcoin whale activated its ancient address to make a 50 BTC transaction on April 6, Saturday. Interestingly, this is a legacy Bitcoin wallet address, identifiable through the ‘1’ on its beginning, as in ‘1CLxm…1oeUZ‘. Previously, the whale spent 2,570 BTC on February 18, 2014, worth $1.60 million with Bitcoin priced at $625. It then became inactive for the following 10 years , having received 4,272.29 BTC total, throughout its history. If kept, these total receivings would now be worth nearly $300 million . Picks for you Ethereum at 3-year low vs. Bitcoin; Is the flippening over? 19 hours ago Solv Protocol introduces a reward system and reveals airdrop plans 22 hours ago 3 cryptocurrencies to avoid trading next week 23 hours ago Bhutan increases Bitcoin mining power 6x ahead of BTC halving 23 hours ago Wh...

Ripple reserved 200 million XRP ($100 million ) for its treasury following February’s 1 billion tokens unlock. On February 5, the company first moved to sell over half of this month’s supply inflation, according to onchain data. Notably, the sell-off followed a similar pattern to movements observed in the past. However, it started with a transaction worth $60 million in 120 million XRP tokens, the highest initial monthly payment since February 2023. ‘Ripple (1)’, Ripple’s known treasury account, sent the tokens to ‘rP4X2…sKxv3’ just five days after unlocking them. This is the same address where the company sent its sell-offs in previous months. As of writing, Ripple still holds 80 million XRP from February’s unlock. Ripple (1) account summary – assets. Source: XRP Scan What happened to Ripple’s 120 million XRP paid to ‘rP4X2…sKxv3’? Cryptocurrency Here’s what Solana’s yearly inflation rate means for SOL price Cryptocurrency Monero sell-...

Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will thrive in the coming two years. Speculative appetite is up, and following the Bitcoin (BTC) Spot ETF approval anticipation, a dramatic industry repricing will occur. According to many, anybody who bought a Solana (SOL) Saga, which recently sold out in the US, should HODL the phone! If Bonk (BONK) can 10X the Solana phones will be worth $7,000. But the real top crypto to buy now is Galaxy Fox ($GFOX), which heads for $2 million and promises one of the best price discovery phases of any token in 2024. Saga sales turnaround: a strange success story Saga, a mobile phone released by Solana, was the first piece of hardware created by a layer one blockchain. Although sales were dismal and founder Anatoly even backpedalled on the product, stating it was an experiment in a podcast, the enormous surge of $BONK has breathed new life into the market...

An anonymous crypto currency trader increased their holdings by approximately 10 times in one month , to $3.23 million . This facet was achieved by trading low-cap tokens, following a high-risk strategy that, this time, resulted in a favorable outcome. The achievement was first noticed by Lookonchain , who reported about it on X (formerly Twitter) on December 15. Notably, the anonymous trader started with $315,000 and achieved $2.98 million in digital assets when Lookonchain posted the story. The total assets of this trader increased from $315K to $2.97M in only one month. 1/ How did he do it? pic.twitter.com/M7dajQkMRn — Lookonchain (@lookonchain) December 15, 2023 However, the amount has already surpassed the $3.23 million at the time of publication and is continuously increasing. Finbold retrieved this data from Zerion , which shows a starting value of $346,186 one month ago, on November 15. Address: 0x0b6a06c07c58d13b6c725dbdb9cd1e2f6bac5527. Source: Zerion $2 millio...

Ripple, the largest holder of the XRP token, owns around 46.10 billion XRP currently locked in escrows and not part of the circulating supply. On December 1, Ripple released 1 billion tokens, valued at $645 million , keeping 20% of the total. Notably, each month Ripple unlocks another 1 billion tokens. The company often retains only a fraction of it for its treasury, frequently selling the rest on the market. Finbold has tracked these unlocks through XRP Scan , identifying patterns that affect the asset’s long-term value. In December, Ripple held back 200 million XRP, consistent with prior months. This amount is now worth roughly $130 million , with each token priced at $0.645 by press time. Particularly, the company prepared this month’s selling activity by sending the 200 million XRP from Ripple (22) to Ripple (1). Both crypto wallet addresses are controlled by the institution, with the former being the escrow address and the latter used as its liquid treasury. Ripp...

Key takeaways Shiba Inu is up by 5% over the last seven days despite the recent market retracement. Memeinators presale is now close to reaching the $1.5 million milestone.  Shiba Inu performed well over the last seven days, adding 5% to its value. However, it has been underperforming over the last few hours as the market undergoes a retracement. This hasn’t stopped the Memeinator presale from closing in on the $1.5 million milestone.  Shiba Inu stays above $0.000008 The cryptocurrency market has been underperforming over the last few days. However, SHIB, the native coin of the Shiba Inu ecosystem, remains above the $0.000008 level. SHIB is up by more than 5% over the last seven days despite giving up some of its earlier gains. At press time, the  price of Shiba Inu stands at $0.00000874. SHIB’s poor performance over the last few days coincides with a retracement in the broader market.  BTC has lost more than 3% of it...