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Bitcoin whales are driving nearly half of exchange inflows, triggering market caution as historical patterns hint at a potential price correction.
XRP is under severe bearish pressure, with technicals showing little relief despite bullish news. Indicators point to further downside risks.
1. On-chain Transaction: $9.2M inflow to Unichain; $9.6M outflow from Ethereum 2. Largest Price Swings: $LPT, $PNUT 3. Top News: LABUBU Market Cap on Solana briefly surpasses $65M, hitting another all-time high
Each Layer 2 solution has its own strengths.
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
- 08:27A certain whale address increased its holdings by 805 ETH four hours ago, bringing its total purchases in this round to 5,578 ETHAccording to Odaily Planet Daily, on-chain analyst Ai Yi has monitored that whale 0x54d accumulated an additional 805.1 ETH four hours ago, valued at $2.894 million. In this round, a total of 5,578 ETH were purchased, with a total value of $19.98 million and an average price of $3,583 per ETH.
- 08:27Data: USDC Circulating Supply Increased by Approximately 1.8 Billion in the Past 7 DaysAccording to Odaily Planet Daily, official data shows that in the seven days leading up to July 17, Circle issued approximately 7.5 billion USDC and redeemed about 5.7 billion USDC, resulting in a net increase of around 1.8 billion USDC in circulation. The total USDC in circulation stands at 64.5 billion, with reserves of about 64.7 billion US dollars, including roughly 10.1 billion US dollars in cash and approximately 54.7 billion US dollars held in the Circle Reserve Fund.
- 07:58Data: A major whale accumulates another 805 ETH within 4 hours, bringing total purchases this round to 5,578 ETHAccording to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that whale 0x54d accumulated an additional 805.1 ETH four hours ago, valued at $2.894 million. In this round, a total of 5,578 ETH were purchased, with a total value of $19.98 million and an average price of $3,583 per ETH.