Friday, March 29Welcome to Cryptolifedigital

Tag: Cryptocurrency whales

Roles Of Whales In The Cryptocurrency World
Crypto Guides

Roles Of Whales In The Cryptocurrency World

It is no longer news that the cryptocurrency market is not stable, unlike the centralized exchange system, It is very unstable and volatile. There are many factors responsible for this volatility. Among them are the big boys in the system popularly known as Whales. The whales are capable of procuring or selling a very large quantity or volume of cryptocurrency thereby affecting the market generally. Defining Cryptocurrency Whales A whale is an investor who deals with a very large amount of money. Invariably, cryptocurrency whales are investors that have a very significant large amount of crypto assets. Also, those that hold a large number of cryptocurrencies by mining, early investors, etc when they sell a large portion or buy a large portion, it tends to influence the crypto ma...
ADA Whales Stated “Cardano Aiming To Build Out Its Own Version Of What A Crypto Should Be” While Revealing The Reason Cardano Faces Criticism
Cardano

ADA Whales Stated “Cardano Aiming To Build Out Its Own Version Of What A Crypto Should Be” While Revealing The Reason Cardano Faces Criticism

The criticism and sidelining that Cardano is facing in the crypto sphere is well-known as some even call the coin a ghost. Recently reported as the IOG CEO gave a concise reply to the Bitcoin maximalists due to tagging the coin a “security”. With all the above-mentioned, the ADA whales were not moved but rather revealed why Cardano was not accepted like Ethereum and Bitcoin by most platforms like Gemini and Robinhood. https://twitter.com/cardano_whale/status/1553639633128493057 The whales stated, "Cardano remains a major crypto culture, aiming to build out its version of what a crypto should be". https://twitter.com/cardano_whale/status/1552525931675353088 The whales added, that the reasons for the exclusion of ADA are complex but nevertheless it only strengthens the co...
SHIB Holding By The ETH Whales Hits 580% And Places The Token Ahead All Other tokens Except ETH
Shiba Inu

SHIB Holding By The ETH Whales Hits 580% And Places The Token Ahead All Other tokens Except ETH

The data from whalestats shows the interest of the biggest whales in the second-largest meme coin, the Shiba Inu as SHIB experiences a lot of buying pressure from the hand of the whales. The sudden increase in the amount of Shiba Inu in the ETH whales’ wallets is due to the whopping accumulation which was done by two of the biggest ETH whales, Gimli and BlueWhale0159. Massive Accumulation By Gmli And BlueWhale0159 As reported by Cryptolifedigital, Gimli, an Ethereum whale, acquired a whopping 199,999,999,999 SHIB at $2,075,999 at the time of purchase, while the second transaction carried 187,000,000,000 SHIB tokens worth $1,991,550 and Gimli was at the 248th position among the biggest Ethereum whales. Read Also: Hard Fork Is Postponed Again To Give Room For Engineers To C...
Shiba Inu (SHIB) Returns To The Top 10 Most-purchased Token Among 100 Biggest ETH Whales As A Results Of Buying Pressure It Faces.
Shiba Inu

Shiba Inu (SHIB) Returns To The Top 10 Most-purchased Token Among 100 Biggest ETH Whales As A Results Of Buying Pressure It Faces.

According to the data from whalestats, the top Ethereum whales have resumed their activity as two of the largest ETH whales accumulated another massive amount of SHIB and the meme coin now returns to the normal buying pressure as stated by the latest Shiba Inu accumulations. SHIB Returns To Top 10 Most-purchased Token Among 100 Largest ETH Whales The second-largest meme coin (SHIB) is now among the top 10 Most purchased tokens among the 100 biggest ETH whales as a result of the massive buying pressure over the past 24 hours. https://twitter.com/WhaleStats/status/1551970668845191168 As stated by the Whalestats, Gimli, an Ethereum whale, acquired a whopping 199,999,999,999 SHIB at $2,075,999 at the time of purchase, while the second transaction carried 187,000,000,000 SHIB tok...
Shiba Now Is Now The Top Held Altcoins After Ethereum Among The Top 100 ETH Whales As It Spikes 11%.
Shiba Inu

Shiba Now Is Now The Top Held Altcoins After Ethereum Among The Top 100 ETH Whales As It Spikes 11%.

It is good to hear the encouragement coming from the Shiba Inu price cap as general crypto is on the recovering wing. Shiba Inu has been displaying a whole lot of positive price action. For instance yesterday, over 519 million SHIB tokens were sent to a dead wallet which was followed by another burn in another transaction the total to be above 573 million as the burn rate spiked to over 785%. And also, Per data from the crypto whale tracker, Whalestats, and Shiba Inu token, SHIB is now in the top 10 in terms of trading volume among the 100 largest ETH whales in the last 24 hours. The average trading volume of SHIB was at $12,463, with an average quantity totaling around 1,100,000,000 SHIB this resulted in the 8th position the meme coin was occupying when the news was...
Anonymous Ethereum Whale Acquired $1.7 billion worth of Future Contract And Become 7-month Biggest Hourly Volume Candle In Market Orders
Ethereum

Anonymous Ethereum Whale Acquired $1.7 billion worth of Future Contract And Become 7-month Biggest Hourly Volume Candle In Market Orders

As tweeted by a Twitter handler, Kate Young Ju, an unknown Ethereum whale just acquired a whopping amount of Ethereum worth $1.7 billion at the time of writing. This massive purchase made the anonymous whales the 7-month biggest hourly volume candle in market orders. Read Also: Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders https://twitter.com/kate_young_ju/status/1549536750556647425 The assets were not pushed down by the previous negative performance as the large trading volume was not followed by an increase in short liquidations.  This single reason revealed that Ethereum’s recovery rally is gaining momentum as the whales lean on their position through longs. However, this is the first indication of a spe...
Shiba Inu’s Average Balance Rose By 18% As whales Accumulate And Over 69M SHIB tokens were burnt Over the last 24 hours.
Shiba Inu

Shiba Inu’s Average Balance Rose By 18% As whales Accumulate And Over 69M SHIB tokens were burnt Over the last 24 hours.

The rate at which the whales accumulate Shiba Inu amid the price downtrend has pushed the average balance held by the massive holders rose by a whooping 18% as revealed by the whalestats’ analysis of the top 100 Shiba Inu holders. Shiba Inu's Price surge is sure As Whales Show Interest more. The interest of the whales in Shiba Inu and the activity of the Shib Army is building a very nice future for the meme coin. For instance two days ago, According to the data gotten from the Whalestats’ Twitter page, three different SHIB lumps of 250,000,000,001, 249,998,999,999, and 250,000,999,999 Shiba Inu which is worth $8.4 million has been acquired by one of the largest Ethereum chain investors, Gimli. Read Also: The Director Of the Dogecoin Foundation purchased The Coffee In An Australia...
Cardano Addresses Between 10,000 And 100,000 ADA, “Sharks” Add 79.1 million Tokens
Cardano

Cardano Addresses Between 10,000 And 100,000 ADA, “Sharks” Add 79.1 million Tokens

The ongoing dip in the Cardano and general crypto markets has been seen as an opportunity for whales and investors to accumulate tokens. Generally speaking, the rate at which the whales are buying the dip is alarming, for instance, Shiba Inu has been seen buying pressure over the past few weeks. According to the data from santiment, the Cardano addresses between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9. At the same time, the Cardano whales that hold between 100,000 and 1 million ADA have stopped selling. Read Also: XRPL Soon To fully House Layer 1 smart contracts As XRPL Labs Announced The Rollout Of Hooks Builder. The way the whales and sharks are acquiring ADA is an indication o...
One Of The Largest Ethereum Chain investors, Gimli Acquired A whopping 750 Billion Shiba Inu Worth Of $8.4 Million
Shiba Inu

One Of The Largest Ethereum Chain investors, Gimli Acquired A whopping 750 Billion Shiba Inu Worth Of $8.4 Million

The interest in whales in the Shiba Inu is on a daily increase preceding the Shibarium launch. Many platforms have also been adding to all the Shiba Inu tokens. For instance, FCF PAY, a Canada-based crypto payments platform FCF Pay has listed the complete Shiba Inu tokens which include Shib, Bone, and Leash. Read Also: XRPL Soon To fully House Layer 1 smart contracts As XRPL Labs Announced The Rollout Of Hooks Builder. Gimli Acquires Massive Shiba Inu According to the data gotten from the Whalestats’ Twitter page, three different SHIB lumps of 250,000,000,001, 249,998,999,999, and 250,000,999,999 Shiba Inu which is worth $8.4 million has been acquired one of the largest Ethereum chain investors, Gimli. https://twitter.com/WhaleStats/status/1545479132154314752 Pr...
XRP Whale Adds a whooping 20T SHIB Bypassing The  Light Wallet And SHIB Is Now the top Purchased Among The 1000 Biggest Whales In The Past 24 Hours.
Cryptocurrency

XRP Whale Adds a whooping 20T SHIB Bypassing The Light Wallet And SHIB Is Now the top Purchased Among The 1000 Biggest Whales In The Past 24 Hours.

Shiba Inu begins to gain popularity and high taste among the whales as the Unification XFUND, the blockchain service provider company which is directly in charge of the development of Shibarium Layer-2 solution confirmed through the medium blog post. Read Also: Cardano's On-Chain Transactions Hit Over 44 Million As It Spiked 5.44% The XRP Whale has stolen the spotlight from the ‘Light wallet’ and every other wallet as she accumulates Shiba Inu with over $40 million worth of XRP. The whale accumulated whopping trillions of Shiba Inu making 21% of the Total Circulation. The whale became known for the first time on May 31st, 2022 when the news about the launching of the Shibarium was all over the platforms. During this time, the whale grabbed a whooping of 25,732,607,947,509 (25...