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Blockchain tracking firm Lookonchain says crypto whales are taking massive memecoin trades amid the market downturn. According to Lookonchain, one unlucky whale is now seeing red after once having made $11.8 million in profit on President Donald Trump’s memecoin, Official Trump (TRUMP). “This whale who made a $11.8 million profit on TRUMP spent another $33.9 million to buy 766,083 TRUMP at $44.25 and has now lost $21 million. He lost all his profits and over $9 million of his initial capital!” TRUMP is trading for $17.61 at time of writing, down 5.1% in the last 24 hours. Next up, Lookonchain reports a crypto whale just scooped up a massive amount of Melania (MELANIA), the official memecoin of Melania Trump, wife of US President Donald Trump, after the altcoin bounced off a low of $1.39. “A mysterious whale created a new wallet [Tuesday] and withdrew 10 million USDC from Binance to buy 6.69 million MELANIA at $1.50.” MELANIA is tra...

According to cryptocurrency Analysis firm Arkham, a Satoshi-era Bitcoin (BTC) whale recently sold $9.68 million worth of coins. The whale began mining BTC just five days after the asset’s genesis block in 2009. The whale still has around $72.09 million worth of BTC, meaning it had more than $80 million before the sale. Also Read: Shiba Inu (SHIB) & Dogecoin Price Prediction For November 2024 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗔𝗡𝗖𝗜𝗘𝗡𝗧 𝟮𝟬𝟬𝟵 𝗪𝗛𝗔𝗟𝗘 𝗦𝗢𝗟𝗗 $𝟵.𝟲𝟴𝗠 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 We’ve been tracking an ancient Bitcoin whale who mined thousands of BTC, starting only 5 days after the first block in 2009. He’s now sold $9.68M BTC in total – and has $72.09M BTC remaining. https://t.co/juZlzhPtfc pic.twitter.com/YO9s6jxbdc — Arkham (@ArkhamIntel) October 21, 2024 Why Is The Bitcoin Miner Selling? Source – Bitcoin.com The BTC whale may be booking profits after holding for more than a decade. Given that we are approaching the US presidential elections, the individual may be ...

When traders are crunching the numbers and figuring out the profit and loss from a crypto trade — are they factoring in fees? A new crypto calculator can help. All-in-one crypto trading solution TradeSanta has just unveiled its new crypto profit calculator to help users calculate fees, profits and losses before they open a trade. In a fast-moving market, keeping on top of your financial position isn’t easy. Just recently, Bitcoin (BTC) posted a fat green candle after Grayscale won a lawsuit against United States regulators. Bitcoin’s valuation spiked following the Grayscale lawsuit. Source: Cointelegraph A court ruled that the U.S. Securities and Exchange Commission was wrong to reject the digital asset manager’s application for an exchange-traded fund — with BTC/USD accelerating by $1,700 in just 30 minutes. Of course, volatility is a two-way street. Bitcoin has also suffered sharp falls, especially during thin weekend trading. When the markets are erratic, traders often need to reac...