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In addition, Mantle’s stablecoin market cap is rising — another sign of capital inflows. Conclusion #crypto #whales didn’t sit out the August dip — they acted. From meme coins to Layer 2 plays and $ETH accumulation, whales made bold bets. While retail investors hesitated, larger players seemed to treat this correction as a buying opportunity. The question now is whether those moves will pay off — or if more turbulence lies ahead.@Ethereum
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Mantle’s Return? Mantle (MNT), an @Ethereum Layer 2 network, is making a comeback. After a quiet stretch, both the project and its native token are back in the spotlight. MNT was launched in 2023 and has seen a few sharp rallies, followed by corrections. But in July, the price jumped from $0.56 to $0.94 by Aug. 6 — a gain of roughly 68%.#Ethereum $ETH Network metrics also point to increased activity. According to Nansen, Mantle ranked second in active user growth over the past 30 days. Both transaction volume and network fees rose, signaling renewed usage. Mantle even outperformed its competitor @Arbitrum Foundation $ARB in user growth, though both posted similar fee volumes.#Arbitrum This could suggest that Ethereum L2s are finally getting the investor attention they’ve been waiting for.
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Ethereum vs. Bitcoin: Where Is Smart Capital Going?
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Crypto Whales Turn to Meme Сoins??????? This summer turned into an unofficial meme coin season. Following the explosive rise of Useless Coin (USELESS), a meme coin on @Solana Official $SOL #solana , launched through Lets Bonk. Fun, large players started paying attention. USELESS became a symbol of the Pump. Fun vs Lets Bonk. Fun rivalry — and Lets Bonk. Fun even surpassed its competitor in volume, revenue, and other metrics. As its name suggests, Lets Bonk. $FUN traces its roots to the older meme coin $BONK . The growth of the LetsBonk.Fun ecosystem mirrored BONK’s performance. In July, BONK surged to nearly $0.00004, gaining around 200% in one month. But by early August, the price had corrected back to $0.000023 — a roughly 40% decline from the peak. On-chain data shows that whales used this drop to accumulate BONK. The expansion of LetsBonk.Fun seems to have injected fresh optimism into the meme coin. On Aug. 5 alone, over $600,000 in smart money flowed into BONK.
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#crypto #Whalestrap moved fast during the August dip, pouring over $600,000 into meme coins like BONK as prices tumbled.Ethereum saw renewed interest, with one whale scooping up over 101,000 ETH — about $350 million buy.Mantle made a quiet comeback, with its token up 68% and user activity soaring past Arbitrum, drawing attention from smart money. Tariffs are back on the table, U.S. macro data is weakening, and even unemployment figures are being called into question — together, this sparked a storm across global markets. Bitcoin (BTC) dropped below the $115,000 support zone, and some analysts now warn the price could fall under $110,000. Ethereum (ETH) is still holding above $3,500, likely supported by its strong July performance. While some investors are staying cautious, others are treating the recent dip as an opportunity to buy at a discount. #CryptoPatience researcher Quinten called it “the most aggressive pace” whales have shown in recent market activity. But smart money didn’t rush into everything. This article breaks down which assets attracted crypto whales during the August
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