An a16z-affiliated wallet appears to be accumulating $HYPE again after seemingly selling the token multiple times over the past few weeks. Over the last 8 hours, the wallet has withdrawn 132,056.65 HYPE, worth around $7.34M, from major exchanges at an average price of $55.54.
What's interesting is that the same wallet has sent a total of 398,000 HYPE .... worth roughly $24.89M, to exchanges since July 15. After all that selling, it now looks like it's back on the buying side.
Here is the address...
After more than two years of holding, one $ETH whale finally capitulated.
Wallet 0x0340 has deposited 5,000 $ETH (worth approximately $9.38M) to Binance, realizing an estimated $13.28M loss after holding through one of the most volatile periods in crypto.
Here's the timeline:
• Accumulated 9,891 $ETH over two years ago
• Total cost: $31.84M
• Average entry price: $3,219 per $ETH
• Recently transferred 5,000 $ETH to Binance
• Estimated realized loss: $13.28M
The transaction is a reminder that ...
$COTI /USDT Update 📉
The rally has lost momentum, and the expected pullback is now playing out. Price has been rejected from higher levels, showing that sellers are currently in control.
If COTI fails to hold its key support, further downside remains possible. Stay patient, manage your risk, and wait for confirmation before entering new positions.
Trade smart, not emotional. This is my personal market analysis, not financial advice.
{spot}(COTIUSDT)