French Whale Earns $47.8M By Betting On Trump’s Election Victory

A wealthy French trader has made a massive profit of $47.8 million by betting on Donald Trump’s victory in the U.S. election. The trader, who goes by the username “Fredi9999” on Polymarket, used his background in mathematics and finance to analyze polling data and identify trends others overlooked. The Frenchman, who previously worked as a … Read more

$ETH Holders Diverge In Strategies Amid Market Uncertainty

The Ethereum market is currently experiencing a range of strategies among its holders as uncertainty persists. Large holders of Ethereum (those with over 100,000 ETH) have remained inactive, maintaining their positions without significant changes. In contrast, mid-tier holders (with 10,000 to 100,000 ETH) have been gradually accumulating more ETH, signaling a cautious optimism. However, small … Read more

Bitcoin Surges Above Key Support Level Amid Rising Demand

Bitcoin has reclaimed a crucial support level, indicating strong demand in the current price range. Of the addresses active in the past 24 hours, 237,000 have acquired Bitcoin between $61,000 and $62,600, highlighting the significant buying interest at these levels. Bitcoin is back above a crucial support level👇 Of the addresses active in the past … Read more

Market Analysis Reveals Overbought and Underbought Assets; Coinbase Derivatives Files For Regulated Futures

According to the MVRV Z-Score, which gauges asset valuations based on average trader returns, certain top cryptocurrencies are categorized as overbought or underbought. The analysis identifies Toncoin, Bitcoin, and Ethereum as overbought, while Uniswap and Shiba Inu are considered underbought. 📊 According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader … Read more

HashKey’s Profitable PENDLE Trades: A Detailed Analysis

HashKey has recently deposited all 624,804 PENDLE tokens, worth $4.28 million, to Binance at a price of $6.765 per token. This move contributed to a 5% decline in PENDLE’s price over the past 24 hours.  This latest transaction marks the conclusion of HashKey’s third PENDLE trade, netting them a massive profit of $7.21 million, reflecting … Read more

Trader Turns $861 Into $657K In Just Five Hours

In a stunning example of crypto trading prowess, an investor turned a modest $861 investment into a staggering $657,000 within just five hours. The trader achieved this remarkable feat by purchasing 86.55 million $MOTHER tokens for 5.14 $SOL ($861), which accounted for 8.66% of the total $MOTHER supply. The Trade Breakdown The trader initially acquired … Read more