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A cryptocurrency trader deposited $2.1 million worth of Synthetix (SNX) to Binance on July 20, capitulating from their entire SNX position with approximately $254,000 of realized losses. SpotOnChain data shows the capitulation activity from the whale address ‘0x921‘, suggesting the trader believes in further losses for Synthetix. Usually, crypto whales can have a strong influence on cryptocurrencies‘ price dynamics, so they are worth following for insights. In particular, this crypto trader acquired 1.07 million SNX in four withdrawals at a dollar-cost average of $2.203. These purchases happened from January 31 to August 24 at an estimated cost of $2.35 million. Picks for you Robert Kiyosaki warns 'bad times are coming,' advises how to take care 16 mins ago ...

Renowned analyst says there could be ‘interesting times’ ahead for Bitcoin. PlanB considered Bitcoin’s 5-month Realized Price before predicting an interesting future. Realized Price reveals the average cost basis at which all bitcoins in circulation were purchased. Renowned Bitcoin analyst, known as PlanB on X (formerly Twitter), says there could be ‘interesting times’ ahead for Bitcoin. PlanB made the statement after considering how the Bitcoin Realized Price, a critical indicator, has developed recently. 5-month realized price (aka Short Term Holder price, light blue) is now above 2-year realized price (dark blue). If history is any guide (red circles) it will stay above for the next 2+ years. Interesting times ahead pic.twitter.com/YNgy7DaeX7 — PlanB (@100trillionUSD) August 8, 2023 PlanB posted a screenshot showing that Bitcoin’s five-month Realized Price is now above the two-year Realized Price. Using historical data, PlanB thinks the current ...

Whale Alert observed 25,264 ETH was transferred from an unknown wallet to Coinbase. ETH is currently trading between its intra-day high of $1,938.14 and intra-day low of $1,897.12. ETH could experience a short-term uptrend, however, it may face a fall after the slight surge. The blockchain tracking platform Whale Alert informed the crypto community that 25,264 ETH, valued at approximately $48,302,924, was transferred from an unknown wallet to Coinbase. The crypto whale tracking platform also observed another whale movement where 30,000 ETH was transferred from an anonymous wallet to OKEX. There is a possibility that these whale transfers could affect ETH’s price sentiment. 25,264 #ETH (48,302,924 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ViF7z23ixe — Whale Alert (@whale_alert) July 6, 2023 ETH is currently trading between its intra-day high of $1,938.14 and intra-day low of $1,897.12, according to CoinMarketCap. At the report...

The general crypto market suffered a setback amid the global financial crises, with top crypto assets like BTC and ETH shedding their gains. The down trend also spread to other altcoins, and ADA, which has recently been pushing a rally, was also impacted, dropping by 5.67% in the last day. However, the crypto market has proven tenacious in the face of the global financial collapse. Will ADA rebound and push toward new price levels when the general crypto market recovers? ADA Price Recovery Imminent At press time, the Cardano’s ADA token is trading $0.36, following a down trend of 5.67% in the last 24 hours. The digital asset value has been oscillating for a while, with a 15.2% surge in the last two weeks and a slump of 9.0% in the last month. The asset’s price is moving in line with the broader market, which is also down by 1.44% in the same period. However, there is a chance that the price will recover as soon as the broader market rallies. ADA’s recent up tr...