NewsBTC
2022-11-01 14:33:12

Massive Crypto Whale Activity In USDT And USDC Suggests Upcoming Bull Run, How?

Volatility is one of the distinguishing attributes of the crypto market that springs surprises in several observers. It creates a desirable environment for traders and investors in the crypto industry to advance with huge profits. Over the past week, the crypto market experienced the presence of the bulls in considerable measure. Most of the crypto assets made some impressive reclaims in their value. Most tokens were forced to break their resistance and advance more to the north. This pushed the cumulative market cap to its coveted level of $1 trillion. Related Reading: Dogecoin (DOGE) Price Manipulated By Whales? A Look Off And On-Chain But this week has calmed the trends in the crypto market. Hence, many crypto analysts are now observing to uncover the next possible move in the market. They’ve focused on the recent activity of some major stablecoins, such as Tether (USDT) and USD Coin (USDC). Crypto Market Set For Upcoming Volatility According to on-chain data, the stablecoins USDT and USDC have witnessed massive whale activity. Such high-valued transactions indicate the possibility of significant volatility in the future. In its report, on-chain data provider Santiment noted that the Whales engaged massively in crypto activity from Monday after the weekend volatility. It reported that the most significant digital assets with $100k+ whale transactions are the stablecoins USDT and USDC. As more considerable buying power...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约