Altcoin that Whales Accumulated Immediately After the Drop Is a Surprise
Following the recent drop in the cryptocurrency market, four major whale investors have staked a total of 48 million Falcon Finance (FF) tokens (approximately $6.47 million).
According to onchain data:
- Address 0xDda6 has staked 15 million FF ($2.3 million) from Bitget in the last 5 hours.
- 0x484F withdrew and staked 15 million FF ($1.84 million) from MEXC two days ago.
- 0xBbB9 staked 10 million FF ($1.15 million) from Gate two days ago.
- 0xf68C has withdrawn and staked 8 million FF ($1.18 million) from KuCoin in the last 7 hours.
However, the on-chain activity wasn't limited to the FF token. A new wallet, likely belonging to Bitmine, purchased 26,199 ETH (approximately $108 million) through FalconX.
Institutional mobility also attracted attention:
- Grayscale deposited 1,856 BTC ($205.8 million), 29,718 ETH ($151.2 million), and 10,516 SOL ($2 million) into Coinbase Prime.
- BlackRock transferred 93,158 ETH ($364 million) and 704 BTC ($77.67 million) to the same platform.
- Wallets linked to Matrixport have withdrawn 4,000 BTC (approximately $454 million) from Binance in the last 20 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Coast Guard Strengthens Prohibition of Hate Symbols to Combat Antisemitism and Extremist Activity
- U.S. Coast Guard reversed a policy to reclassify hate symbols like swastikas and nooses from "potentially divisive" to prohibited, following backlash from lawmakers and advocacy groups over antisemitism risks. - The reversal came after a leaked draft proposal aligned with Trump-era Pentagon directives, which critics argued weakened harassment definitions and accountability for hate incidents. - Coast Guard reaffirmed strict prohibitions on divisive symbols, emphasizing severe punishment for violations, b
Bitcoin Updates Today: MicroStrategy Faces a Bitcoin Conundrum: Should They Retain for Future Gains or Liquidate to Stay Afloat?
- MicroStrategy's stock hits 52-week low as Bitcoin dips below $88,000, testing its BTC treasury strategy's viability. - 650,000 BTC holdings now "underwater" at $74k average cost, limiting capital raises and straining liquidity instruments. - Preferred shares (STRD/STRK) fall 30-34% as market demands higher yields, while JPMorgan warns of $8.8B outflow risk from index exclusion. - CEO Saylor claims 80% BTC drop tolerance, but critics fear forced sales could trigger self-fulfilling price declines. - Weak c
XRP News Today: XRP Faces $1.75 Test as Buyers Confront $15M Withdrawals with ETFs on the Horizon
- XRP faces critical $1.75 support zone amid $15.5M outflows and 50% decline from July highs. - TD Sequential buy signals and ETF launches (Nov 18) could trigger rebounds or stabilize price. - Key resistance at $2.150 threatens bearish trend if $1.75 support fails to hold. - Market volatility highlights ETFs' potential to shift institutional adoption and price dynamics.
Blockchain Sheds Light on Criminal Networks While Meme Coins Transform the Future of Cryptocurrency
- UK's NCA dismantled a £1B crypto money-laundering network linking Russian entities to drug trafficking and war funding, arresting 128 and seizing £25M in cash/crypto. - Blockchain analytics tools like Chainalysis are enabling law enforcement to track illicit crypto flows, challenging the anonymity of public blockchains in cross-border crime. - Meme coin Apeing (APEING) emerges as a 1000x contender through community-driven momentum, transparent whitelist access, and structured communication, contrasting t
Trending news
MoreCrypto prices
More
