Latest Whales News and Insights | Yellow.com

Two long-dormant Bitcoin addresses have recently become active. These movements have caught the attention of cryptocurrency watchers. The transactions highlight Bitcoin's significant price appreciation over the past decade. Blockchain monitoring service Whale Alert reported the activity on social media platform X. The first transaction involved 100 Bitcoin (BTC) worth $6,113,890. This address had been inactive for 10.8 years. A 'whale' in cryptocurrency parlance refers to an individual or entity holding a large amount of a particular cryptocurrency. Whales can potentially influence market prices through large buy or sell orders. Their movements are closely monitored by traders and analysts. The value of the first wallet has increased by over 7,222% since 2014. At that time, its 100 BTC were worth only $83,492. The dramatic rise underscores Bitcoin's volatile price history. A second dormant address also became active last week. It contained 99 BTC, valued at $6,097,440. This wallet had been inactive for 10.7 years. Combined, these two addresses moved 199 BTC. The total value exceeded $12 million at current market prices, so these transactions demonstrate the potential for long-term gains in the cryptocurrency market. Similar transfers were observed last month. Those were attributed to Bitcoin miners from 2009. Early miners received 50 BTC as a reward for each block mined. The reactivation of old wallets can have various implications. It may signal long-term holders deciding to sell. Alternatively, it could represent lost keys being recovered, so the true reasons often remain speculative. Anyways, these movements offer a glimpse into Bitcoin's early days. They showcase the potential returns for early adopters. However, they also highlight the risks and volatility inherent in cryptocurrency investments. The cryptocurrency landscape has evolved significantly since 2014. Regulatory frameworks have developed. Institutional interest has grown. Yet, the reemergence of these 'whale' wallets serves as a reminder of Bitcoin's origins and its long-term value proposition.

On-chain data suggests a significant shift in Shiba Inu whale behavior. Large holder activity has spiked in the past 24 hours despite the meme coin's recent bearish correction. IntoTheBlock (ITB) reports a 45% increase in large holder netflow over the last day. The 48-hour increase is even more striking at 3,840%. This data points to conflicting dynamics among Shiba Inu whales and investors. ITB's metrics offer insights into whale sentiment towards cryptocurrencies. For Shiba Inu, the large holder netflow has surged dramatically, following an initial drop at the start of the month. On October 1, the netflow into large holder addresses reached 322.7 billion SHIB tokens. This represents a 2,944% increase from previous days. The earlier figure stood at a negative -10.96 billion SHIB netflow. This sharp reversal indicates a shift from outflows to inflows into whale addresses. Rising netflow occurs when inflows exceed outflows, analysts often view this pattern as bullish for the cryptocurrency. The whale activity continued into the last 24 hours. Netflow increased to 420.77 billion SHIB. This translates to a 45% daily increase and a 3,840% surge over 48 hours. ITB data reveals substantial whale wallet movements. Inflows totaled 3.12 trillion SHIB during the period, while outflows stood at 2.65 trillion SHIB. Shiba Inu's price recently broke out of a six-month downtrend. In September, it saw a 63% increase over ten days. The price rose from $0.00001304 on September 18 to $0.00002141 on September 28. Since then, Shiba Inu has corrected by 24%. It hit a low of $0.00001606 yesterday. However, whale accumulation has helped prevent further losses. The meme coin has since rebounded by 3%. SHIB is currently trading at $0.00001646. Bulls appear to have established support at $0.00001609. They've defended this level multiple times since October 1. Despite the correction, Shiba Inu remains positioned for potential upward movement. Some Shiba Inu whales seem to be capitalizing on price declines. They're increasing their holdings, possibly anticipating an October price run. This behavior aligns with the observed on-chain data trends. The recent whale activity presents a complex picture for Shiba Inu. Large holders are accumulating despite price volatility. This could signal confidence in the asset's future performance. However, the market's response remains to be seen. Investors should monitor these developments closely. Whale behavior can significantly impact cryptocurrency prices. For Shiba Inu, the coming days may prove crucial in determining its short-term trajectory.

Whales don't seem to expect any troubles in the world of Bitcoin. They keep accumulating. Bitcoin's recent price action has caught the attention of market observers. The leading cryptocurrency experienced a 10% correction last Friday. It now holds above a crucial support level, which could potentially lead to a price rally. Meanwhile, analyst Ali highlighted data from Santiment, revealing significant whale activity. Over the past ten days, large holders purchased more than 50,000 BTC. This accumulation is valued at approximately $3.15 billion at current market rates. The increased whale activity suggests growing confidence in Bitcoin. It comes despite recent market volatility when sentiment has fluctuated between extreme fear and some optimism. Bitcoin is currently trading at $61,180. It recently tested the daily 200 exponential moving average (EMA) as support around $60,100. This level is considered crucial by technical analysts. For bullish momentum to resume, Bitcoin must reclaim the daily 200 moving average at $63,600 and establishing this as solid support could pave the way for further upward movement. Failure to maintain the $60,000 level could lead to a deeper correction. Analysts suggest $57,500 as a potential target in this scenario. The combination of strong support and positive whale activity has bolstered investor optimism. Many are hopeful about Bitcoin's potential for recovery and upward movement. Market participants are closely monitoring Bitcoin's ability to hold above the EMA. The next few trading sessions will be crucial in determining short-term trajectory. Whale behavior during periods of heightened volatility often anticipates market reversals as their accumulation may signal belief that the recent dip is temporary. As the crypto market remains focused on Bitcoin's performance, a sustained rally could restore broader investor confidence. This could potentially set the stage for new highs in the coming weeks.

An early Ethereum investor has stirred the crypto market. They moved millions in ETH after years of inactivity and the profit is phenomenal. The investor joined Ethereum's 2014 initial coin offering (ICO). They received 150,000 ETH at the Genesis block. This initial $46,500 investment is now worth $389.7 million, and the return stands at an astounding 837,964%. After over two years of dormancy, the whale has awakened. They transferred 3,510 ETH, valued at $9.12 million, to Kraken, a major cryptocurrency exchange. This move suggests a potential sale on the open market. In crypto parlance, a 'whale' refers to an individual or entity holding a significant amount of a particular cryptocurrency. These large holders can potentially influence market movements due to their substantial holdings. Lookonchain also highlighted another savvy whale's actions. This investor accumulated over 96,000 ETH during the 2022 bear market. They sold large amounts this year, including 15,000 ETH on September 21st. "This is a smart diamond hand," Lookonchain noted. 'Diamond hands' is a term used in the crypto community to describe investors who hold onto their assets despite market volatility or potential short-term gains. The firm elaborated on this investor's strategy. "Buying ETH in the bear market and selling ETH in the bull market, making $131.72 million!" Lookonchain provided more details on this investor's moves. "This whale bought 96,639 ETH ($151.42 million) from Coinbase at $1,567 on September 3rd and September 4th, 2022." The investor's subsequent actions were also notable. "Then deposited 70,000 ETH ($214.34 million) at $3,062 to Kraken since March 6th, leaving 26,639 ETH ($68.81 million)." These movements highlight the potential for significant returns in the volatile cryptocurrency market. They also underscore the importance of long-term holding strategies in realizing such gains. At the time of writing, Ethereum is trading at $2,660. This represents an increase of over 3% in the last 24 hours.

Early Bitcoin wallets have stirred. Five wallets from Bitcoin's inception are moving funds after 15 years of inactivity. The wallets date back to January and February 2009. This was mere weeks after Bitcoin's launch. Each wallet received 50 Bitcoin as a mining reward. Blockchain data confirms the movements. One wallet's reward arrived on January 29, 2009. Three more received theirs on January 31. The final wallet was credited on February 2. These dates are significant. They closely follow Bitcoin's genesis on January 3, 2009. Satoshi Nakamoto, Bitcoin's pseudonymous creator, mined the first block then. The timing suggests a connection to Bitcoin's earliest days. These wallets likely belonged to individuals present at the cryptocurrency's birth. The value of these coins has skyrocketed. Initially worth nothing, they now represent a fortune. At current prices, the 250 Bitcoin total about $15.9 million. This valuation is based on Bitcoin's current trading price (roughly $63,000 per token). The crypto community is abuzz with speculation. Some suggest long-lost hard drives have been found. Others theorize about coma patients waking to newfound wealth. More intriguing theories abound. Some believe the wallets might belong to Nakamoto himself, others point to Hal Finney, an early Bitcoin adopter. Finney's involvement is noteworthy. He received the first Bitcoin transaction from Nakamoto on January 12, 2009. This was just days after Bitcoin's launch.