$HIGH Dont forget to manage your risk management, trade with 1-2% of your capital. Leverage your entry and don’t panic. It is strong manipulation for all small traders. Every whale wants you to panic and sell so they can buy more at the bottom!
How To Make Money With Cryptocurrency In 2024 - 7 Simple Ways To Earn Passive Income
In the last few years, cryptocurrency has become a real fad. Many investors who manage their finances and investment portfolios have wondered how to make money with cryptocurrency. Here is some advices:
1. Could crypto mining 2. Affiliate programs 3. Working with lightning crypto nodes 4. Staking 5. Airdrops 6. Crypto games 7. Tokens bearing dividends
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A 10-year-old Bitcoin address surprisingly sold off the crypto for $60 million
Recently, two long-dormant wallets became active by transferring all their holdings to Bitcoin (BTC) This event coincides with a drop in key chain metrics and an increase in greed levels in the Bitcoin market. According to the latest data from Lookonchain, two Bitcoin wallets that have been inactive for nearly 11 years have suddenly become active. Each of these wallets that acquired tokens when the price of $BTC was $124 contained 500 BTC, and at the time of acquisition each wallet was valued at approximately $62,000. However, at the current price of BTC, these wallets have unloaded their entire holdings for over $30 million each, totaling around $60.9 million. What's more, this significant move has prompted questions about the potential reactions from the chain's key metrics, which have recently seen a decline. According to Santiment data, Bitcoin has seen a decline in daily active addresses, transaction volume and whale transactions.
Analysis of the data shows a significant decline in these indicators since their peak in February, with current levels approaching historic lows. As of the end of April, the daily number of active addresses exceeded 815,000, transaction volume exceeded 1.5 million, and whale transactions reached over 73,500. However, as of now, daily active addresses are down to about 545,000, transaction volume is down to about 495,000, and whale transactions are down to about 26,500. The Bitcoin Fear and Greed Index currently places BTC in the greed zone. It reports a score of 57 points, indicating greedy sentiment among investors. This suggests an influx of BTC market participants motivated by potential profits. However, given the decline in BTC's key indicators and the recent selloff, this could potentially lead to downward pressure on prices. #Binance #Bitcoin #Whale
Big investors are buying $DOGE ? Is it the right moment?
According to a report, the number of Dogecoin (DOGE) wallets containing between 100,000 and 1 million tokens has increased.
Data obtained by Santiment reveals that this rise began around April 2.
Growth in these wallets usually demonstrates greater demand for the cryptocurrency. In general, increased demand can lead to an increase in the price of DOGE.
At the time of writing, the Dogecoin price is $0.144, down 15% over the past month.
If the trend of accumulating large DOGE addresses at lower prices continues, there is a possibility that Dogecoin will soon rise to $0.18.