2 weeks Ago
On the other hand, whales have accumulated over 50 million XRP coins lately. Also, Intel Markets has seen a rise in whale activity, raising over $180k in the first few days of its presale. According to data from Lookonchain, an on-chain analytics firm, whales have been on a selling spree in the past months.
One whale sold over 8,208 ETH recently to pay off debts on the Aave platform. Another whale also sent 19,000 ETH (worth $49.17 million) to Coinbase and 5,145 ETH (worth $13.
3 million) to Binance. The ongoing bearish momentum in the market might be responsible for this sell-off. Presently the value of Ethereum crypto has dropped on the weekly and monthly timeframes .
The coin's market value is oscillating around the $2k-$3.5k range. Analysts are expecting the Ethereum price to recover in the coming weeks.
However, the Ethereum coin must cross the 50-Day SMA ($2,995.73) to begin an uptrend. According to a recent tweet by Ali charts, Ripple whales have been on an accumulation spree in the past day.
They have bought over 50 million tokens (worth approximately $29.5 million). This accumulation comes as the Ripple coin is battling with bears.
Data from CoinMarketCap shows its price has dropped on the weekly and monthly levels. Still, the Ripple price remains above the 50-day SMA ($0.568929) and 200-day SMA ($0.
54725). This is a good sign, which means bulls are still in charge. Experts predict that Ripple crypto will experience further price growth in the next few weeks if it remains above these averages.
If it fails to do so, it might experience a downward spiral. Apart from Ripple, whales are showing interest in Intel Markets (INTL) . They believe its price will skyrocket in the coming weeks.
Besides, analysts have a bullish prediction for those who buy INTL coins at just $0.009. The analysts forecast these early birds will receive a 1,100% ROI after the coin is listed on exchanges.
Additionally, they will be able to exchange various types of different digital assets on the platform with the help of new technologies. Among these technologies are the AI trading bot, charting software, market data monitoring tools, and custom trading indicators, among others. They can see the features above to boost their chances of making profits in the $36.
5 billion digital currency trading market. Apart from the tools above, Intel Markets has a dual-chain architecture. It supports both Solana and Ethereum blockchains.
Because of this, Intel Markets can enjoy fast transactions at low cost and high throughput. Also the Intel Markets trading platform is also very easy to use. Traders can access it on their mobile or desktop devices.
According to the market experts, the future is looking bright for Intel Markets. They argue that low prices, low market capitalization, and other characteristics will ensure that crypto sets new records in the near future. Discover More About Intel Markets: Presale: https://intelmarketspresale.
com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets.
