Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run.
Blockchain analytics platform Bubblemaps has levied allegations of significant insider trading activity in the memecoin projects recently promoted by Andrew Tate and Iggy Azalea. Despite the evidence of wallets purchasing significant amounts of the tokens during and before their respective launches, there is no evidence linking them to Tate or Azalea.
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A notable cryptocurrency whale recently experienced a significant loss trading ENA tokens. Six days ago, just before the price of ENA rose above $1, the whale invested 1. 6 million USDC to acquire 1.
Following the recent shakeout in the global market, Bitcoin BTC lost a key psychological level and closed at a loss last week. It is still weak on the day, looking for solid ground to resume its bullish trajectory.
In a notable move, the multisignature wallet 0x1f9, associated with SingularityNET, transferred 4 million AGIX tokens, worth $3. 63 million, to Binance within the past 24 hours. These tokens were funneled through multiple intermediary wallets before reaching the exchange.