The eternal cycle of the ETH bag holders. But I am still #HO | Ashwini Roopesh on Binance Square

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The eternal cycle of the ETH bag holders. But I am still #HODLing 

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Bitcoin long term holders sold ~815K $BTC over the past 30 days, the highest selling activity since January 2024, adding pressure as demand weaken.

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Whale Dumps $564K SKY at $4.1M Loss. The average exit price of $0.0645 was slightly below the average entry price of $0.0689, resulting in a total loss of $4.18 Million. The wallet sold approximately 86.8% of the received $SKY Even whales are getting in to panic mode.

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For the first time in two years MicroStrategy started dumping 33K Bitcoin worth over $3.2 Billion.

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Whale went long on BTC worth $31 Million.

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Why Bitcoin, ETH, SOL, ZEC, & Other Altcoins Are Falling. Crypto market crash as the overall global market cap dropping to a six month low of $3.27 trillion. Bitcoin has now crashed 23% and Ethereum by 36% from their ATH prices. Hopes of Fed rate cut in December fades amid economic worries. Further, US Govt reopening didn't made any difference. Trading volumes drops further as $4.7 billion in crypto options to expire today. Over $1.1 billion in crypto got liquidated amid spot Bitcoin and Ethereum ETFs outflow. Fear and Greed Index remains in extreme fear zone. When King BTC drops, rest of the coins do drop - Top and trending altcoins XRP, BNB), SOL, ADA, ZEC, and AI coins tumbled 5-12% over the past 24 hours. Meme coins including DOGE, SHIB, and PEPE further erased their earlier gains, with PEPE now down 80% YTD.

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Latest News

Cryptocurrency Market Experiences Significant Liquidations

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Bitcoin and Ethereum ETFs Experience Significant Outflows

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Precious Metals Futures Experience Significant Decline

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Ethereum(ETH) Surpasses 3,200 USDT with a Narrowed 6.06% Decrease in 24 Hours

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BNB Surpasses 920 USDT with a Narrowed 3.84% Decrease in 24 Hours

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