Currencies32904
Market Cap$ 2.81T-0.36%
24h Spot Volume$ 24.39B+0.65%
DominanceBTC58.79%+0.01%ETH7.75%+0.18%
ETH Gas0.43 Gwei
Cryptorank
MainNewsWhale Activi...

Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge


Sep, 19, 2024
< 1 min read
by CoinEdition
Whale Activity Surges Post-Fed Rate Cut Bitcoin, Stablecoins, Altcoins Surge
  • Whale transactions in Bitcoin, Ethereum, and stablecoins surged after the U.S. Fed’s interest rate cut.
  • Altcoins like STG, GMX, and GALA saw sharp increases in whale activity, signaling potential price movements.
  • Bitcoin broke into the $62K range, with analysts predicting further gains amid renewed market optimism.

Whale activity in major cryptocurrencies, like Bitcoin and top stablecoins, is increasing following the U.S. Federal Reserve rate cut. These large transactions have placed some altcoins like STG, GMX, BIGTIME, OGN, GALA, and PIXEL on the radar of analysts.

Big Bitcoin Moves

A few hours ago, 2,000 BTC worth $120.6 million and 2,372 BTC worth $143.6 million were transferred between unknown wallets. Around the same time, Bitcoin, worth over $114 million, was moved out of Coinbase to a private wallet.

Ethereum also saw significant movement, with most whale transactions involving transfers of ETH to various exchanges, likely for sale.

Stablecoins See Action Too

Meanwhile, stablecoins have also seen notable whale transactions. Coinbase’s institutional entity transferred $65 million USDC to an unknown wallet less than six hours ago. At …

The post Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition
XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP appears primarily retail-driven this market cycle, with active addresses increasi...
Apr, 03, 2025
< 1 min read
by CoinEdition
MainNewsWhale Activi...

Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge


Sep, 19, 2024
< 1 min read
by CoinEdition
Whale Activity Surges Post-Fed Rate Cut Bitcoin, Stablecoins, Altcoins Surge
  • Whale transactions in Bitcoin, Ethereum, and stablecoins surged after the U.S. Fed’s interest rate cut.
  • Altcoins like STG, GMX, and GALA saw sharp increases in whale activity, signaling potential price movements.
  • Bitcoin broke into the $62K range, with analysts predicting further gains amid renewed market optimism.

Whale activity in major cryptocurrencies, like Bitcoin and top stablecoins, is increasing following the U.S. Federal Reserve rate cut. These large transactions have placed some altcoins like STG, GMX, BIGTIME, OGN, GALA, and PIXEL on the radar of analysts.

Big Bitcoin Moves

A few hours ago, 2,000 BTC worth $120.6 million and 2,372 BTC worth $143.6 million were transferred between unknown wallets. Around the same time, Bitcoin, worth over $114 million, was moved out of Coinbase to a private wallet.

Ethereum also saw significant movement, with most whale transactions involving transfers of ETH to various exchanges, likely for sale.

Stablecoins See Action Too

Meanwhile, stablecoins have also seen notable whale transactions. Coinbase’s institutional entity transferred $65 million USDC to an unknown wallet less than six hours ago. At …

The post Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition
XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP appears primarily retail-driven this market cycle, with active addresses increasi...
Apr, 03, 2025
< 1 min read
by CoinEdition