Coin overview
MOVE
Ended--
Last price (USDT)
2.87M
24h total (USDT)
4.37M
Total vol (USDT)
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
Trading time (UTC+0)
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
Bhutan Transfers 517 Bitcoin in Strategic Move With Potential Market Implications
Bhutan transferred 517 BTC, valued at $59.23 million, to a new Binance-linked address as part of its strategic digital asset management, signaling active cryptocurrency integration without immediate market impact. Bhutan moved 517 BTC to a Binance-associated wallet, showcasing strategic asset management. The transfer aligns with Bhutan’s focus on cryptocurrency adoption and economic diversification. Market analysts expect gradual effects, with no immediate fiscal changes anticipated. Bhutan’s strategic transfer of 517 BTC highlights cryptocurrency integration and market potential. Stay updated with COINOTAG for expert crypto insights. Bhutan’s Strategic Bitcoin Transfer and Its Market Implications The Royal Government of Bhutan executed a transfer of 517 BTC, approximately $59.23 million, to a Binance-linked address, reflecting a deliberate move in its digital asset portfolio. This transfer is part of Bhutan’s broader strategy to manage cryptocurrency holdings effectively while leveraging blockchain technology to diversify its economy. How Does Bhutan’s Bitcoin Transfer Reflect Its Economic Strategy? Bhutan’s transfer, conducted through Druk Holding, highlights the nation’s commitment to integrating digital assets into its economic framework. With total reserves near 10,769 BTC, this transaction appears to be a strategic rebalancing rather than liquidation. The move leverages Bhutan’s hydropower resources to support blockchain initiatives, positioning the country as a forward-thinking player in cryptocurrency management. What Are the Expected Market Effects of Bhutan’s Bitcoin Movement? While the transfer involves a significant amount, experts do not foresee immediate market disruptions. Instead, analysts anticipate that Bhutan’s active asset management may influence Bitcoin liquidity and market behavior over time. The government’s transparent approach and ongoing monitoring suggest a cautious yet innovative stance toward digital currency regulation and economic growth. Why Is Bhutan’s Cryptocurrency Strategy Important for the Industry? Bhutan’s proactive engagement with Bitcoin underscores a growing trend among smaller economies to adopt cryptocurrencies as part of national economic strategies. This approach not only fosters innovation but also sets a precedent for regulatory frameworks that balance asset security with market participation. Industry experts recognize Bhutan’s efforts as a model for sustainable digital asset integration. Frequently Asked Questions How much Bitcoin did Bhutan transfer recently? Bhutan transferred 517 BTC, valued at approximately $59.23 million, to a new Binance-linked address as part of its strategic asset management. What impact will Bhutan’s Bitcoin transfer have on the market? Experts expect no immediate market impact, but the transfer may influence Bitcoin liquidity and trading patterns over time as part of Bhutan’s ongoing digital asset strategy. Key Takeaways Significant Transfer: Bhutan moved 517 BTC worth $59.23 million to a Binance-linked wallet. Strategic Asset Management: The transfer is part of Bhutan’s broader cryptocurrency integration and economic diversification plan. Market Outlook: No immediate market disruption is expected, but ongoing monitoring is essential for future trends. Conclusion Bhutan’s recent transfer of 517 BTC exemplifies its strategic approach to cryptocurrency management, combining economic innovation with prudent asset control. This move reinforces Bhutan’s position as a pioneering nation in blockchain adoption, with potential long-term benefits for both its economy and the broader crypto market. COINOTAG will continue to monitor developments and provide expert analysis on this evolving story. Bhutan’s government recently transferred 517 BTC, signaling a strategic approach to cryptocurrency management and economic diversification. This transaction, linked to Binance, reflects Bhutan’s active role in blockchain integration and digital asset portfolio rebalancing. According to COINOTAG sources, the move is expected to influence Bitcoin liquidity gradually without causing immediate market disruption. Bhutan’s 517 BTC transfer highlights strategic crypto asset management and market potential. Follow COINOTAG for the latest expert crypto news and insights. In Case You Missed It: Bitcoin 1 BTC Milestone May Influence Retail Interest and Community Engagement, Experts Suggest
Cronos Targets 6X Rally After Breakout and Bullish Continuation Structure
Cronos price surged from $0.06 to $0.23 in one month, with futures open interest hitting $47.55 million. The market structure shows higher highs and higher lows, confirming a bullish continuation pattern since early 2023. A potential 519% rally targets $0.8868, with current momentum and participation supporting the ongoing upward trend. The price action of Cronos (CRO) is showing a possible long-term continuation pattern after reclaiming higher lows. The chart reflects a shift from a prolonged downtrend into a clear bullish structure, confirmed by consecutive higher highs and higher lows. A key resistance target at $0.8868 has been mapped out, sitting over 519% above the current price. This level marks a possible long-term zone of interest following a double confirmation of market reversal. What is the Current Market Action? Tracking the ongoing price trend at the time of press, Coinglass data reveals that CRO futures open interest reached $47.55 million, with the Cronos price at $0.23. This marks a significant increase from $0.14 recorded earlier that same day. Over the past month, Cronos price has surged sharply from the $0.06–$0.09 range to current levels. Source: Coinglass Open interest has followed the same trend, rising from below $20 million to nearly $50 million. This upward move in both price and open interest began accelerating in early July. The price and open interest increases have remained consistent without visible sharp pullbacks. The last time open interest neared this level was in late February 2025. The current movement reflects strong market participation and price growth heading into August. Momentum remains on the upside direction. Historical Performance Shows a Complete Cycle Reversal Throughout early 2022, Cronos experienced a steep decline from its all-time high. That drop formed a consistent sequence of lower highs and lower lows. A descending trendline kept price action suppressed until mid-2022. Around that period, a sideways consolidation began to take shape near the bottom. Source: X The market eventually broke above the descending resistance, marking the end of the bearish structure. That breakout set the first significant shift, leading to a strong upward rally and a defined higher low in early 2023. From there, the chart shows a new higher high, establishing a fresh bullish pattern for CRO. Recent Movement Supports a Push Toward $0.8868 After setting that higher high, the market retraced again but stayed above the previous low. This created a second higher low and reinforced a bullish continuation pattern. Since then, the price has moved upward again, currently maintaining momentum in a steady rally. The resistance target of $0.8868 remains active and visible on the chart. This marks a potential gain of over 519% from current levels. The structure now supports this move, with no current signs of reversal. Market conditions continue favoring upward movement, as shown by higher low formations and price acceleration. The structure remains valid as long as recent lows hold.
Stability World AI Partners with SentrAI to Transform the Future of Tokenized AI Personas
Stability World AI is excited to announce its groundbreaking collaboration with SentrAI to reshape our interaction with artificial intelligence. This powerful integration is set to open new Web3 frontiers, bridging identity, creativity, and commerce with the help of artificial intelligence (AI). 🤝 Partnership Announcement: Stability World AI x SentrAI We’re thrilled to team up with @SentrAIofficial — the platform turning AI personas into programmable, tradable onchain assets. Together, we’re building the next wave of AI-powered identity & creativity in Web3 🔗🧠 👇🧵 pic.twitter.com/nES7PDWyx8 — Stability World AI (@StabilityW_AI) August 5, 2025 Stability World AI, the platform for creating AI tools for Web3 identities, has announced the news through its official X account. The other partner, SentrAI, is a leading platform that redefines AI personas to make them tradable and programmable on-chain assets. Stability World AI to Revolutionize the Next Generation of Digital Personas SentrAI aims to enable users to create and tokenize custom AI agents that can represent their own skill sets, personalities, and interests. These agents are monetizable on-chain assets, not just digital companions. They are designed to support the evolution of various ecosystems while engaging with them. This partnership integrates the robust and creative tools of Stability World AI to transform AI identity, making it an entirely new concept. The platform’s strong and innovative tools include FLUX image generation, cutting-edge text-to-image technology, and face dance animations. Stability World AI combines its visual and creative prowess with SentrAI’s tokenization framework. In this way, both platforms are poised to build a dynamic engine for self-expression powered by AI. As a result, personalized AI agents get a scalable model for their interaction and commercial viability in the Web3 economy. Stability World AI to Foster “Social-to-AI” Movement Across Web3 The collaboration between Stability World AI and SentrAI is more than just a partnership. Stability World AI plays a vital role in fueling the future of SentrAI with $AIW, its native token. In this way, the platform strives to add fresh utility layers into the SentrAI’s ecosystem. Users can leverage Flux-powered visuals to create AI personas, co-branded campaigns, and cross-platform experiences. By doing this, they can spotlight the emerging economy driven by Social to AI. With the convergence of digital identity and creativity in the landscape of AI, this alliance represents a remarkable step forward. Stability World AI, by aligning its forces with SentrAI, is poised to empower users, enabling them to express, monetize, and own their digital selves. The arrival of AI-powered self-expression is just the beginning of a broader era.
From $22.8K to $2.48M: Crypto Trader Scores 109x With TROLL as Price Hits $0.1039
TROLL crypto trader turned $22.8K into $2.48M after buying 27.86M tokens and holding through the rally. TROLL rose from 0.010 to 0.1020 SOL, backed by $21.11M in volume and a $103.85M market cap. Over 16K transactions, $3.3M in liquidity, and balanced buy/sell volume confirm sustained trading interest. A crypto trader has realized a massive return on the Solana-based meme coin TROLL, turning a $22,800 investment into approximately $2.48 million within 3.5 months. The trader initially purchased 27.86 million TROLL tokens, later selling 1.28 million for $16,200. The remaining 26.57 million tokens currently hold a market value of around $2.48 million. TROLL Current Market Action Revealed According to CoinMarketCap data at the time of press, TROLL is exchanging at $0.1039 after rising 27.32% in the past 24 hours. The price chart shows a steady upward movement starting from $0.08205. Multiple short-term pullbacks occurred, but price consistently formed higher lows throughout the session. The price peaked near $0.104 and held above $0.10 by the session’s end. Source: CoinMarketCap Additionally, the volume reached $21.11 million, supporting the upward momentum. Market cap climbed to $103.85 million, reflecting increased interest. Price action remained positive throughout the day with consistent gains during U.S. morning hours. The daily performance confirmed strong intraday buying pressure across multiple intervals. Massive Price Movement Sparks Record Returns According to a post on X at the time of report, it is notable that the token price increased from nearly 0.010 SOL in July to a recent peak of 0.1020 SOL in early August. The daily chart showed a sharp rally beginning mid-July, supported by growing trade volumes and buyer activity. TROLL reached a high before pulling back slightly to 0.09352 SOL. That correction came with an 8.23% drop in the last 24 hours. Source: X Over the past day, volume surged to $11.5 million. Buyer and seller volumes remained balanced at $5.7 million each, showing sustained market interest. The coin’s market capitalization currently stands at $93.4 million. Its Fully Diluted Valuation (FDV) is nearly identical at $93.5 million, which indicates that most of the supply could be circulating. Volume Growth Accompanies Price Climb Between May and mid-July, TROLL traded sideways with minimal volume. Starting in late July, the chart showed accelerated accumulation, pushing the price up tenfold within two weeks. Green indicators on the chart signaled strong buying momentum during this surge. The token also saw 16,813 total transactions. Among these, 4,145 were buyers and 2,501 were sellers. The liquidity pool currently holds $3.3 million. Trading activity has been tracked on PumpSwap through the TROLL/SOL pair. The trader still holds 26.57 million tokens, showing a profit well over 100x established on recent market pricing. This increase places the token among the most actively traded meme assets on Solana-based decentralized exchanges . Price discovery continues while volatility stays elevated. TROLL’s rapid rise occurred within a concentrated time window of roughly three weeks. As of the latest trading session, the market shows signs of short-term correction following the steep rally.
Exodus Movement: Increased Holdings by 29 BTC in July, Total Bitcoin Holdings Reach 2,087
According to a report by Jinse Finance, US-listed company Exodus Movement has released its July financial update, revealing that the company increased its Bitcoin holdings by 29 BTC in July. As of July 31, its total Bitcoin holdings reached 2,087 BTC. In addition, as of July 31, the company also held 2,742 ETH and 34,578 SOL.
Ethereum Whale’s Large Short Position May Influence Market Volatility Amid Significant Unrealized Losses
An Ethereum whale currently faces a $2.32 million unrealized loss on a large 25x leveraged short position, significantly impacting ETH price volatility and market sentiment. Ethereum whale expanded a 25x leveraged short on 27,000 ETH, now facing a $2.32M unrealized loss. The whale’s trading activity has increased ETH market volatility and influenced price dynamics. Despite losses, the trader’s position remains a key factor in ETH derivatives market movements. Ethereum whale incurs $2.32M loss on leveraged short, driving ETH volatility. Stay updated on key market shifts and trading insights. How Did the Ethereum Whale’s Large Short Position Affect ETH Market Volatility? An Ethereum whale recently increased their short position to 27,000 ETH with 25x leverage, resulting in a $2.32 million unrealized loss. This aggressive move has directly contributed to heightened ETH volatility, as the market reacts to the whale’s significant exposure and potential liquidation risk. What Are the Details of the Whale’s Short Position and Market Impact? The whale’s short position, initially profitable with $12.25 million in floating gains, has reversed to a loss due to recent price recoveries. According to on-chain analysts, the position is valued at approximately $100 million, with an opening price of $3,637 and a liquidation price near $3,828. This sizable exposure has amplified price swings and affected trader sentiment across derivatives platforms. Why Does This Whale’s Trading Activity Matter for Ethereum Traders? Large-scale short positions like this whale’s influence market liquidity and can trigger rapid price movements. The whale’s history of a 75% win rate and leveraged trades attracts close monitoring by analysts and traders, as their actions often precede notable market shifts. Short covering by the whale has recently contributed to ETH price stabilization above critical support levels. How Are Analysts Interpreting the Whale’s Position? Experts highlight that the whale’s current unrealized loss signals increased market risk but also potential for volatility-driven opportunities. Analysts like Yu Jin emphasize the importance of tracking such positions to anticipate price corrections or rebounds. The whale’s activity underscores the sensitivity of ETH’s market to large derivatives trades and the ongoing influence of major holders. What Are the Financial Implications of This Whale’s Position on the ETH Market? The whale’s $2.32 million unrealized loss affects not only their portfolio but also broader market liquidity and price discovery. Such large leveraged positions can cause temporary dislocations, impacting other traders and contributing to short-term volatility. This dynamic is common in cryptocurrency derivatives markets, where whale activity often signals upcoming price movements. How Might This Influence Future ETH Price Movements? Continued observation of the whale’s position provides valuable insights into potential market trends. Analysts expect sustained volatility as traders react to the whale’s moves and broader market conditions. Regulatory developments and technological upgrades in Ethereum could further influence price dynamics in conjunction with whale trading behavior. Conclusion The Ethereum whale’s $2.32 million loss on a large 25x leveraged short position has significantly influenced ETH market volatility and trader sentiment. This event highlights the critical role of whale activity in shaping price dynamics and liquidity in the crypto derivatives market. Monitoring such positions remains essential for anticipating future market shifts and managing risk effectively. Frequently Asked Questions What led to the Ethereum whale’s significant unrealized loss? The whale increased a 25x leveraged short on 27,000 ETH, but recent price recoveries caused the position to swing from $12.25 million profit to a $2.32 million unrealized loss. How do whale positions impact Ethereum’s price volatility? Whale positions, especially large leveraged shorts, can cause sharp price swings by affecting market liquidity and triggering short covering or liquidations. Key Takeaways Whale’s leveraged short position: 27,000 ETH at 25x leverage with $2.32M unrealized loss. Market impact: Increased ETH volatility and influenced price dynamics. Trader sentiment: Whale activity remains a key indicator for ETH derivatives market movements. Conclusion The Ethereum whale’s large short position and resulting loss underscore the significant influence of major traders on ETH market volatility. Staying informed on such activity is crucial for understanding price trends and managing risks in the evolving crypto landscape. In Case You Missed It: XRP Shows Potential for Continued Upward Movement Amid Early Week Bullish Momentum
Ethereum Open Interest Surges to Record $58 Billion
Key Points: Ethereum open interest hits $58 billion, shifting from Bitcoin. Institutional and whale-driven surge in interest. Potential for significant price volatility if liquidations occur. Ethereum Open Interest Surges to Record $58 Billion Ethereum’s open interest surged to $58 billion in July 2025, marking a significant capital shift from Bitcoin as institutional traders and whales led this speculative trend. The surge indicates increased institutional interest, potentially driving Ethereum’s value up, while also raising concerns about market volatility if liquidations transpire. Ethereum’s Open Interest Reaches Unprecedented Levels Ethereum’s open interest has reached an all-time high of $58 billion by late July 2025. This marks a significant increase of 100% since June, reflecting a profound shift from Bitcoin to Ethereum in the cryptocurrency market. Leading this movement, institutional traders, whales, and major asset allocators are increasingly focusing on ETH. Glassnode has highlighted that Ethereum’s open interest dominance stands at nearly 40%, the highest in over two years. “Ethereum open interest dominance has climbed to nearly 40%, its highest level since April 2023. Only 5% of days have seen a higher reading. This marks a clear shift in speculative focus, with capital rotating from $BTC to $ETH at the margin.” – Glassnode, Analytics Provider Market Impact and Institutional Movement The surge in Ethereum open interest has led to considerable impacts across the industry. Market metrics like network activity, active addresses, and stablecoin supply have all surged alongside institutional interest. Financial implications include an unprecedented rise in ETH derivatives with open interest on the CME reaching $7.85 billion. Major players are reallocating capital from Bitcoin to Ethereum , further intensifying this market transformation. Historical Context and Future Implications Historically, such open interest surges have often ended in dramatic market shifts. As leverage builds, a vertical price movement might follow, echoing past volatility cycles during prior bull runs. “Open Interest just hit a new all-time high. The price is climbing. Leverage is stacking. This isn’t a normal breakout—it’s a catalyst for a ‘vertical move.'” – Merlijn The Trader, Trader & Analyst source The implications of this trend are wide-ranging. Future price volatility, regulatory interest, and technological developments may ensue, bolstered by historical data, expert analysis, and on-chain trends. This underscores Ethereum’s growing role in the crypto landscape.
Bitcoin ETF Netflows Could Signal Market Sentiment as BTC Eyes $116,000 Resistance Level
Bitcoin’s price is testing a crucial resistance near $116,000, supported by strong liquidity walls and ETF netflows that indicate market sentiment, while $110,000 remains a key support level for bulls and bears alike. Bitcoin price faces significant liquidity barriers around $116,000, marking a pivotal point for bullish momentum. Support levels near $110,000 are expected to hold if bearish pressure intensifies, providing a safety net for traders. ETF netflows serve as a vital gauge of institutional appetite, with recent outflows signaling cautious optimism in the market. Bitcoin ETF netflows and liquidity walls highlight $116,000 resistance and $110,000 support, signaling key market levels. Stay informed with COINOTAG’s expert analysis. BTC Price Faces Critical Liquidity Walls at $116,000 Bitcoin (BTC) surged toward $116,000 following the reopening of traditional financial markets, encountering significant liquidity walls that may dictate short-term price action. Exchange order-book data reveals a dense cluster of sell orders near $115,800, creating a formidable resistance level. This liquidity barrier is pivotal for bulls aiming to sustain upward momentum. Market analyst Rekt Capital highlighted the importance of reclaiming the $116,000 level, noting it as the top of the recently filled Daily CME Gap, a key technical indicator that often acts as a price magnet. Successfully surpassing this threshold could confirm a bullish trend continuation. How Does Liquidity Influence Bitcoin’s Price Movement? Liquidity walls represent concentrated buy or sell orders that can halt or reverse price movements. In Bitcoin’s case, the sell-side liquidity near $116,000 is a critical hurdle. Conversely, strong bid ladders from $112,000 to $113,800 provide a robust support zone. Traders expect a bounce near $110,500 if the price dips below these levels, indicating a well-defined range shaped by liquidity dynamics. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin ETF Netflows Provide Insight into Market Appetite Institutional interest in Bitcoin is closely monitored through ETF netflows, which recently showed a significant outflow of $812 million on August 1, marking one of the largest daily withdrawals on record. This data suggests a cautious stance among investors amid ongoing macroeconomic uncertainties. Trading firm QCP Capital emphasized that such drawdowns often represent corrective phases rather than capitulation, with leverage flushes historically preceding renewed accumulation. The firm remains cautiously optimistic, highlighting that renewed ETF inflows and declining volatility would signal improving institutional sentiment. What Do ETF Flows Indicate About Bitcoin’s Future? ETF netflows act as a barometer for institutional demand. Negative flows may indicate short-term profit-taking or risk aversion, while inflows suggest growing confidence. The recent outflows, combined with the lowest Bitcoin futures open interest since July 10, point to a market in consolidation. Analysts suggest monitoring these flows closely for signs of stabilization. Bitcoin futures open interest (screenshot). Source: CoinGlass Metric Value Comparison Bitcoin ETF Netflows (Aug 1) -$812 million Second-largest daily outflow on record BTC Futures Open Interest Lowest since July 10 Indicates reduced leverage What Are the Key Support Levels for Bitcoin Amid Current Market Conditions? Bitcoin’s support near $110,000 is critical for maintaining market stability. Exchange order books show substantial bid walls around this price, suggesting strong buyer interest. If bearish momentum intensifies, this zone is expected to absorb selling pressure and potentially trigger a rebound. How Are Traders Positioning Themselves Around These Levels? Market participants are closely watching the $110,000 to $113,800 range as a battleground between bulls and bears. Popular traders like BigMike7335 and Cipher X highlight Fibonacci retracement levels and liquidation heatmaps to anticipate potential price reversals. This data-driven approach helps traders manage risk amid volatile conditions. BTC liquidation heatmap (screenshot). Source: CoinGlass Frequently Asked Questions How do Bitcoin ETF netflows impact market trends? ETF netflows reflect institutional demand for Bitcoin. Positive inflows can drive prices higher, while significant outflows may indicate profit-taking or market uncertainty, affecting short-term trends. Why is $116,000 a critical level for Bitcoin? The $116,000 level corresponds to a major liquidity wall and the top of the CME futures gap, making it a key resistance point that bulls must overcome to sustain upward momentum. Key Takeaways Liquidity walls near $116,000: Act as a major resistance level for Bitcoin bulls. Support around $110,000: Provides a critical safety net for price declines. ETF netflows as market sentiment indicators: Recent outflows suggest cautious optimism among institutional investors. Conclusion Bitcoin’s price action is currently shaped by significant liquidity walls and ETF netflows, with $116,000 serving as a crucial resistance and $110,000 as key support. Institutional sentiment, reflected in ETF flows, will be vital in determining the next market direction. Traders and investors should monitor these levels closely as macroeconomic factors continue to influence volatility. In Case You Missed It: HBAR Faces Potential Further Decline Below 20-Day EMA Amid Bearish Momentum Signals
Bitcoin Could Approach $124K Amid Rising Fed Rate Cut Expectations, Analysts Suggest
Bitcoin is poised to reach $124,000 as the probability of a Federal Reserve rate cut in September jumps to 87%, fueling bullish momentum and investor interest in risk assets. Bitcoin started the week at $114,505 with minimal CME gap, indicating potential for early recovery. The Fed’s anticipated 25-basis-point rate cut is shifting market focus toward cryptocurrencies like Bitcoin. Analysts identify $118,000 as a critical resistance level before a possible surge to $124,000. Bitcoin eyes $124K as Fed rate cut odds jump to 87%, driving bullish momentum. Stay informed with COINOTAG’s latest crypto insights. How Is the Fed Rate Cut Influencing Bitcoin’s Price Outlook? The expected Federal Reserve rate cut is significantly impacting Bitcoin’s price trajectory. With an 87% chance of a 25-basis-point reduction in September, investors are increasingly favoring risk assets like Bitcoin. Historically, lower interest rates weaken the dollar and boost demand for alternative investments, positioning Bitcoin for potential gains. What Are Analysts Saying About Bitcoin’s Short-Term Resistance Levels? Technical experts highlight the $118,000 mark as a key resistance zone. According to Crypto Raven, Bitcoin may experience a short-term dip toward $110,000–$112,000 before rebounding. This resistance level could serve as a launchpad for a rally toward $124,000, contingent on market sentiment and volume patterns. Why Are Volume Patterns Critical to Bitcoin’s Price Movement? Volume profile analysis reveals zones where trading activity concentrates, often guiding price direction. Crypto Raven’s assessment indicates that recent volume supports a potential upward move after a brief pullback. This aligns with historical monthly trends noted by analyst Daan Crypto, who observed early dips followed by strong rallies during broader uptrends. How Could Upcoming Federal Reserve Decisions Affect Bitcoin? The Federal Reserve’s September 17 meeting is pivotal. Market participants are preemptively positioning for a rate cut, which could weaken the dollar and enhance Bitcoin’s appeal. If the Fed eases monetary policy as expected, Bitcoin’s price may break through resistance levels, potentially surpassing $124,000 in the near term. Frequently Asked Questions What factors contribute to Bitcoin’s resistance at $118,000? Bitcoin’s resistance at $118,000 is influenced by historical trading volumes and technical analysis, where sellers tend to emerge, creating a price barrier before further upward movement. Why is the Fed’s September meeting important for Bitcoin investors? The September Fed meeting is crucial because a rate cut could lower borrowing costs, weaken the dollar, and increase demand for cryptocurrencies, potentially driving Bitcoin’s price higher. Key Takeaways Fed Rate Cut Odds at 87%: This is driving increased investor interest in Bitcoin as a risk asset. Resistance at $118,000: A critical price level that Bitcoin must overcome to reach $124,000. Volume Analysis Supports Uptrend: Trading activity suggests a likely price rebound after a short dip. Conclusion Bitcoin’s outlook remains bullish as the market anticipates a Federal Reserve rate cut in September, with strong technical indicators supporting a potential rise to $124,000. Investors should monitor volume trends and Fed announcements closely, as these will shape Bitcoin’s near-term price trajectory. COINOTAG will continue providing expert insights to guide market participants through this evolving landscape. In Case You Missed It: Cardano Community Approves $71 Million Funding for Potential Network Upgrades Including Hydra and Project Acropolis
Trader Eugene Suggests Ethereum Could Reach $3,800-$4,000 Amid Institutional Demand and Market Shifts
Ethereum is projected to hit $3,800 to $4,000 as institutional demand intensifies, while altcoins remain largely unaffected, signaling a focused market phase. Trader Eugene forecasts Ethereum’s price surge to $4,000 based on market dynamics. Institutional investors are the primary drivers behind ETH’s current rally. Altcoins show little movement, highlighting concentrated investor interest in Ethereum. Ethereum price expected to reach $4,000 amid strong institutional demand; altcoins remain stagnant. Stay updated with COINOTAG’s expert crypto analysis. Trader Eugene Predicts Ethereum Price Surge to $4,000 Trader Eugene, known as 0xENAS, anticipates Ethereum’s price will climb back to the $3,800-$4,000 range despite recent cautious trading adjustments. This forecast reflects complex market dynamics influenced by institutional participation and regulatory clarity. What Drives Ethereum’s Current Market Momentum? Institutional demand is the key factor behind Ethereum’s upward trajectory. Eugene highlights that reduced long positions in late July and early August 2025 indicate a strategic shift favoring ETH. Unlike retail-driven rallies, this movement is supported by large-scale investors focusing on Ethereum’s structural advantages. Why Are Altcoins Remaining Unaffected? According to Eugene, the altcoin market remains stagnant, which contrasts with previous cycles where altcoins surged alongside ETH. This unique phase suggests investors are concentrating capital on Ethereum due to its upcoming network upgrades and clearer regulatory environment, rather than diversifying across smaller tokens. How Does Regulatory Clarity Influence Ethereum’s Growth? Regulatory clarity is enhancing institutional confidence in Ethereum. Eugene notes that this clarity reduces market uncertainty, encouraging large investors to increase their ETH exposure. Historical trends show that Ethereum’s major upgrades often act as catalysts, reinforcing bullish sentiment and attracting sustained institutional interest. What Are the Implications of ETH’s Exclusive Upward Movement? Ethereum’s price recovery without corresponding altcoin gains signals a potential shift in crypto market dynamics. Eugene emphasizes that this pattern may indicate a maturation phase where institutional players dominate, possibly setting new trends for future market behavior. Crypto Asset Current Price Range Market Movement Ethereum (ETH) $3,800 – $4,000 Strong upward momentum driven by institutions Altcoins Varied, mostly stagnant Minimal price changes, limited investor interest Frequently Asked Questions What is driving Ethereum’s price increase to $4,000? Ethereum’s price increase is primarily driven by institutional demand and regulatory clarity, which encourage large investors to increase their ETH holdings. How does Ethereum’s market behavior differ from previous altcoin seasons? Unlike past cycles, Ethereum’s rally is not accompanied by altcoin surges, indicating a focused investment phase dominated by institutional players. How to Understand Ethereum’s Market Dynamics? Understanding Ethereum’s market requires analyzing institutional trends and regulatory impacts. Follow these steps: Monitor institutional trading volumes and position changes. Track regulatory announcements affecting crypto markets. Analyze Ethereum’s network upgrades and their market implications. Key Takeaways Ethereum’s price is expected to reach $3,800-$4,000 driven by institutional demand and regulatory clarity. Altcoins remain stagnant, indicating a concentrated market focus on ETH. Market dynamics reflect a shift towards institutional dominance and away from retail-driven cycles. Conclusion Trader Eugene’s forecast of Ethereum reaching $4,000 highlights a significant market phase dominated by institutional investors and regulatory clarity. This unique dynamic suggests Ethereum’s continued prominence in the crypto space, while altcoins remain sidelined. Staying informed on these trends is crucial for navigating the evolving market landscape. Trader Eugene expects Ethereum to hit $3,800-$4,000, signaling strong institutional interest. Institutional demand is the primary driver behind ETH’s current market momentum. Altcoin prices remain largely unchanged, reflecting focused investor strategies on Ethereum. Ethereum price forecast: $3,800-$4,000 driven by institutional demand; altcoins stagnant. Get expert insights from COINOTAG’s latest crypto analysis. Trader Eugene Predicts Ethereum Price Surge to $4,000 Trader Eugene, also known as 0xENAS, projects Ethereum’s price to return to the $3,800–$4,000 range despite recent cautious trading adjustments. His analysis highlights institutional demand as the key factor influencing this expected surge. Institutional Demand Fuels Ethereum Rally Eugene notes a strategic reduction in long positions during late July and early August 2025, signaling a shift toward institutional investment. This demand contrasts with retail-driven market behavior and underscores Ethereum’s structural appeal to large investors. Altcoins Remain Unaffected Amid Ethereum’s Rise The altcoin market shows little movement, which Eugene attributes to a concentrated investment focus on Ethereum. Regulatory clarity and upcoming network upgrades further bolster ETH’s attractiveness, sidelining smaller tokens. In Case You Missed It: Ethereum Whale Sells 33,682 ETH, Potentially Impacting Liquidity and Short-Term Price Stability
Ethena, Immutable, Movement Prepare for Major Token Unlock
Key Points: Ethena’s token unlock leads with a $95.8 million release. Price volatility expected with token supply increase. Market absorption will determine ultimate price effects. Ethena, Immutable, Movement Prepare for Major Token Unlock ENA, IMX, and MOVE will undergo major token unlocks next week, with ENA’s $95.8 million the largest. Historical precedent shows such unlocks can result in volatility, as observed with previous drops in market capitalization. These significant token unlocks could lead to short-term market instability, contingent on the market’s ability to absorb the increased supply. Potential Market Impact Ethena Labs, Immutable, and Movement Labs are preparing for substantial token unlocks potentially impacting market dynamics. Ethena leads with a $95.8 million token release, representing 2.7% of its circulating supply. Ethena, Immutable, and Movement are the key players, each involved in different segments of the blockchain industry. The scheduled unlocks will increase circulating supply and challenge market resilience. The token unlocks could cause market volatility as they increase circulating supply considerably. Historical trends suggest similar past events led to temporary price drops before stabilization. Financial sectors may observe increased volatility, specifically affecting liquidity pools and DeFi integration. Regulatory scrutiny remains unchanged, though the market impact could prompt future reviews. This situation indicates potential outcomes in the financial and regulatory realm. Historical precedents suggest temporary sell pressure, with markets likely to stabilize, especially if strategic buyers absorb excess supply. As of the current date, there are no publicly available quotes, statements, or comments from the leadership of Ethena (ENA), Immutable (IMX), or Movement (MOVE) regarding the upcoming token unlocks. Here’s a summary of the information provided without specific quotes as none were found in the official channels of the mentioned companies: Guy Young, Founder, Ethena Labs – No public comments regarding the ENA token unlock on their verified channels. James Ferguson, CEO, Immutable – No new statements regarding the IMX token unlock were found on their official blog or Twitter. Rushi Manche, President, Movement Labs – No recent statements about the MOVE token unlock were posted on their official channels. Additionally, no major industry figures or regulatory bodies have provided public commentary related to these token unlocks either. If specific quotes or statements become available closer to the unlock date, they can be extracted accordingly. For further updates, it is recommended to monitor the official social media accounts and blogs of the respective projects.
Chainlink (LINK) Shows Bullish Signals With Potential to Break Above $42 If $20 Resistance Is Reclaimed
Chainlink (LINK) is currently trading above critical Fibonacci support levels, signaling a bullish trend. Analysts anticipate a breakout above $42 if LINK reclaims the $20 resistance zone, supported by strong accumulation and rising trendlines. LINK holds above the 0.618 Fibonacci level, confirming a bullish structure since mid-2025 with higher lows and channel support. A double-bottom breakout above $15.39 indicates continuation, with $31 as the next key resistance level. Weekly data projects a $42.50 upside target if LINK surpasses $20, backed by long-term accumulation and trendline confluence. Chainlink price analysis reveals strong bullish signals above key Fibonacci levels, targeting $42 breakout. Stay informed with COINOTAG’s expert insights. How Does Chainlink’s Fibonacci Structure Support a Bullish Trend? Chainlink (LINK) maintains a solid bullish structure by trading above the 0.618 Fibonacci retracement level, a key indicator of upward momentum. Since mid-2025, LINK has formed higher lows within a rising channel, reinforcing positive market sentiment. This Fibonacci support acts as a foundation for potential price advances toward $20 and beyond. What Does the Double-Bottom Formation Indicate for LINK’s Price? The double-bottom breakout above $15.39, identified on daily charts, signals a strong continuation pattern. This formation, confirmed by a higher low above $16, suggests that LINK is poised to test the $31 resistance level. Historical accumulation between $13 and $15 strengthens this bullish outlook, providing a solid base for upward movement. Why Is the Weekly Breakout Significant for Chainlink’s Long-Term Growth? Weekly analysis reveals that LINK’s breakout from an extended accumulation zone between $5 and $9.50 has initiated a rising channel since late 2023. Resistance between $17 and $20 has been tested multiple times, but current trendline support and momentum indicate a likely push past $20. This breakout aligns with broader market cycles and could propel LINK toward $42.50, reflecting sustained investor interest and strategic positioning. What Are the Key Resistance and Support Levels for LINK? Analyst Ali charts highlight critical resistance at $20.186, $26.500, and $30.244, with a potential breakout target of $44.861 based on the 1.272 Fibonacci extension. Support levels to watch include $15.089 and $12.299, with a breakdown below $10.025 risking a drop toward $7.78. These levels provide a clear roadmap for traders monitoring LINK’s price action. How Does Market Psychology Influence LINK’s Price Movement? Market sentiment remains bullish as traders respond to strong accumulation zones and technical patterns. The absence of significant price congestion between $19.55 and $31 suggests a smooth upward trajectory. Expert analysis emphasizes the importance of holding above key support to sustain momentum and capitalize on breakout opportunities. Chainlink Price Comparison Table Price Level Significance Comparison $15.39 Double-bottom breakout Supports bullish continuation $20.00 Key resistance zone Breakout target for $42.50 rally $42.50 Projected upside target Aligned with Fibonacci extension Frequently Asked Questions What technical indicators suggest a Chainlink breakout? Key indicators include LINK trading above the 0.618 Fibonacci retracement, a double-bottom breakout at $15.39, and a rising channel pattern that has held since mid-2025, all pointing to a potential breakout above $42. Why is the $20 resistance level important for LINK? The $20 level acts as a critical resistance zone that, once reclaimed, could trigger a strong upward move toward $42.50, reflecting renewed investor confidence and trendline support. Key Takeaways Strong Fibonacci Support: LINK holds above 0.618 Fib level, confirming bullish momentum. Double-Bottom Breakout: Break above $15.39 signals continuation toward $31 resistance. Weekly Trendline Support: Rising channels and accumulation zones suggest a breakout above $42.50. Conclusion Chainlink’s price action demonstrates a robust bullish structure supported by key Fibonacci levels, double-bottom formations, and rising trendlines. With critical resistance at $20 in focus, a breakout could propel LINK toward $42.50, aligning with long-term growth trends. Investors should monitor these technical signals closely as momentum builds. Chainlink (LINK) sustains bullish momentum above critical Fibonacci and trendline support zones, signaling potential for significant price gains. Technical patterns such as double-bottom breakouts and rising channels reinforce optimistic price targets near $42.50. Expert analysis from COINOTAG highlights key resistance and support levels, providing actionable insights for traders. Chainlink price analysis reveals strong bullish signals above key Fibonacci levels, targeting $42 breakout. Stay informed with COINOTAG’s expert insights. Chainlink’s Fibonacci Levels and Trendline Support Drive Bullish Outlook Chainlink (LINK) is trading above the 0.618 Fibonacci retracement level, confirming a bullish structure that has formed higher lows since mid-2025. This trend is supported by a parallel rising channel that has guided price action for over a year, indicating sustained upward momentum. Analysts project resistance at $20.186, $26.500, and $30.244, with a potential breakout target of $44.861 according to Fibonacci extensions. Double-Bottom Breakout Signals Continuation Toward $31 Resistance A double-bottom pattern confirmed by a breakout above $15.39 suggests a bullish continuation. Price action has respected this neckline, with a higher low forming above $16. This pattern supports a move toward the $31 resistance level, with minimal price congestion expected between current levels and this target. Historical accumulation in the $13–$15 range further strengthens this outlook. Weekly Chart Analysis Aligns with Long-Term Growth Targets Weekly data shows LINK breaking out from an accumulation zone between $5 and $9.50, entering a rising channel since late 2023. Resistance between $17 and $20 has been tested multiple times, but current momentum and trendline support indicate a likely breakout above $20. This move could trigger a rally to $42.50, consistent with past market cycles and long-term growth trajectories. Conclusion Chainlink’s price action is supported by key Fibonacci retracement levels, double-bottom breakout patterns, and rising trendlines, all signaling bullish momentum. With critical resistance at $20, a breakout could lead to a significant rally toward $42.50. Traders should watch these levels closely as LINK’s technical setup aligns with long-term growth potential. In Case You Missed It: Ethereum Whale Accumulation and Liquidations Suggest Potential for Institutional-Led Momentum
Bitcoin Miners Offload 3000 BTC as Price Drops to $113K
Miners reduced their Bitcoin reserves from 1809818 to 1806987 between July 16 and August 1 The BTC price dropped over $5400 during the same period and closed at $113276 on August 1 This steady outflow of coins may suggest selling pressure or short term caution by mining entities Bitcoin miners have offloaded over 3,000 BTC in the past two weeks, pushing reserves from 1,809,818 to 1,806,987 as of August 1. According to data from CryptoQuant shared by analyst Ali, this reduction coincides with a decline in Bitcoin’s price from $118,682 to $113,276. The trend has raised questions about miner sentiment and potential market impacts in the short term. Miners have offloaded over 3,000 Bitcoin $BTC in the past two weeks! pic.twitter.com/enP4JtUyMs The data spans from July 16 to August 1, 2025, and illustrates steady drawdowns in miner-held balances. Miners appear to have sold gradually across several days, possibly to cover operational costs or respond to market conditions. The downward movement in reserves reflects cautious behavior in the face of recent price volatility. With Bitcoin prices falling alongside reserve depletion, analysts are now exploring whether miner actions are forecasting deeper corrections or just short-term liquidity needs. Miner Behavior Suggests Shift in Reserve Strategy The chart reveals a consistent reduction in BTC miner reserves over the observed period. On July 16, miners held 1,809,818 BTC, and the price was approximately $118,682. By August 1, that figure had dropped to 1,806,987 BTC, with Bitcoin trading at $113,276. This 3,000 BTC reduction over 16 days suggests measured offloading rather than panic selling. Miner reserve drops often precede or coincide with market corrections, as these entities play a key role in liquidity supply. Historical data supports that when reserves decline, it usually reflects selling pressure entering exchanges. Each bar on the chart confirms fewer BTC held across the entire miner network. The gradual nature of the drawdown contrasts with steeper selloffs seen in prior cycles. This might indicate better risk control and treasury planning within miner operations. The price trajectory also hints at sensitivity to miner movement. Bitcoin dipped nearly $5,400 within the same window, possibly driven by steady distribution from these large holders. Correlation Between Price Movement and Reserve Decline Bitcoin’s price and miner reserves have maintained a visible correlation in the timeframe shown. When reserves declined, price followed. This close relationship is often used by traders to anticipate short-term market moves. From July 22 to July 26, reserve levels held steady, while BTC briefly recovered from its local lows. However, once miner outflows resumed, Bitcoin returned to a downward slope. This synchronization is evident in the bar and line graph overlay. The final data point on August 1 remains labeled as incomplete. However, the visible downward trend suggests that the selling activity had not entirely stopped. The reserve levels show no sharp rebounds, reinforcing the view that miners are still reducing positions. If this behavior persists, price stability could remain under threat. Some market participants argue that further selloffs may occur unless reserve levels flatten or rise again. Will Continued Miner Offloading Pressure Bitcoin Below $113K? A pivotal question now emerges—could further BTC outflows from miners push the price below $113,000? If Bitcoin breaks under this key level, it could trigger a psychological shift in broader market sentiment. Traders often watch miner reserve trends for early warning signals. The drop of over 3,000 BTC aligns with such patterns. Whether this is a temporary adjustment or part of a larger strategic move remains to be seen in the weeks ahead.
Token Unlock Schedule: Crucial Volatility Ahead as $102M ENA Unlocks This Week
In the dynamic world of cryptocurrency, staying informed is key. One of the most anticipated events that can significantly influence market movements is the token unlock schedule. These scheduled releases of previously locked tokens into circulation often spark discussions among investors about potential price impacts. This week, the spotlight is on a substantial $102.13 million ENA unlock, among others, poised to add intriguing dynamics to the market. Let’s delve into what these unlocks mean and how they might shape the week ahead. What is a Token Unlock and Why Does it Matter? A token unlock refers to the release of cryptocurrency tokens that were previously held back from the circulating supply. These tokens are typically locked up for various reasons, such as vesting periods for team members, advisors, early investors, or for strategic reserves. The purpose of these locks is often to ensure long-term commitment, prevent immediate sell-offs, and promote project stability. When these tokens are unlocked, they become available to their holders, who can then sell them on the open market. This increase in the circulating supply, especially for a significant percentage of the total supply, can potentially lead to increased selling pressure and, consequently, a downward movement in the token’s price. Conversely, if market demand remains strong or even increases, the price impact might be minimal or absorbed. Understanding the token unlock schedule is therefore vital for investors. Increased Supply: More tokens become available for trading. Potential Selling Pressure: Holders might sell unlocked tokens, leading to price drops. Market Volatility: Unlocks often precede periods of price fluctuation. Project Stability: Gradual unlocks can signal long-term commitment. How Might This Week’s Token Unlock Schedule Impact Your Portfolio? This week presents several notable token unlocks, with ENA leading the charge in terms of dollar value. According to data from DropsTab, a total of approximately $162.51 million worth of tokens across various projects are scheduled to be unlocked. This token unlock schedule is a critical point for market watchers. Here is a detailed breakdown of the major token unlocks for the upcoming week: Token Unlocked Amount Value (USD) % of Circulating Supply Unlock Date (UTC) G 372.01 million $4.44 million 5.14% Aug. 5, 06:00 ENA 171.88 million $102.13 million 2.70% Aug. 5, 08:00 SXT 24.18 million $2.12 million 1.73% Aug. 8, 00:00 IMX 27.31 million $13.63 million 1.44% Aug. 8, 05:00 MOVE 50.85 million $6.55 million 1.92% Aug. 9, 00:00 CHEEL 8.32 million $33.64 million 14.64% Aug. 10, 09:00 The ENA unlock is particularly significant due to its substantial value and relatively large percentage of circulating supply. While 2.70% might seem small compared to CHEEL’s 14.64%, ENA’s total value is considerably higher, making its unlock a focal point for many. Large unlocks like these can test the market’s absorption capacity. Investors holding ENA, or considering it, should closely monitor its price action around the unlock time. Beyond ENA, the CHEEL unlock stands out for its high percentage of circulating supply. A 14.64% increase could exert significant pressure on its price if a substantial portion of the unlocked tokens are sold. IMX, a prominent token in the gaming sector, also has a notable unlock. Even smaller unlocks for tokens like G, SXT, and MOVE contribute to the overall supply dynamics across the market. Each event within the token unlock schedule deserves careful consideration. Are There Actionable Strategies for Navigating Token Unlocks? Navigating token unlocks requires a thoughtful approach. Here are some strategies and considerations for investors: Research the Project: Understand the fundamentals of the token and its project. Is there strong development, adoption, and a clear roadmap? A robust project might better withstand selling pressure. Examine Unlock Details: Not all unlocks are equal. Consider the percentage of circulating supply being unlocked, who the tokens are being unlocked for (team, investors, treasury), and their historical selling patterns. Monitor Market Sentiment: Gauge the overall market mood. In a bullish market, unlocks might have less impact. In a bearish or uncertain market, the impact could be amplified. Risk Management: Never invest more than you can afford to lose. Consider setting stop-loss orders to limit potential downside if you hold affected tokens. Long-Term vs. Short-Term: For long-term holders, short-term price fluctuations due to unlocks might be less concerning. For short-term traders, these events present potential volatility for strategic entry or exit points. Diversification: Spreading investments across different assets can help mitigate risks associated with individual token unlocks. While the token unlock schedule provides valuable data, it is just one factor among many that influence cryptocurrency prices. Macroeconomic trends, regulatory news, project developments, and overall market liquidity also play significant roles. It is crucial to combine unlock data with broader market analysis for informed decision-making. The upcoming week’s token unlock schedule, highlighted by the substantial ENA release, underscores the continuous evolution and inherent volatility of the cryptocurrency market. These events are not just technical occurrences; they represent shifts in supply dynamics that can ripple across portfolios. By staying informed, understanding the underlying mechanics of token unlocks, and applying sound risk management principles, investors can better navigate these periods of potential change. Remember, while token unlocks can present challenges, they also offer opportunities for those who are prepared and well-researched. The key is to approach them with a clear strategy and a comprehensive understanding of the market landscape. Keep a close watch on these key dates and be ready to adapt your approach as the market unfolds. Frequently Asked Questions (FAQs) What is a token unlock in cryptocurrency? A token unlock refers to the release of previously restricted or locked cryptocurrency tokens into the circulating supply. These tokens are typically held back for a set period, often as part of vesting schedules for project teams, advisors, or early investors. Why are token unlocks important for investors? Token unlocks can significantly impact a token’s price. When a large number of tokens are released, it increases the circulating supply, which can lead to increased selling pressure and a potential decrease in price if demand does not keep pace. Which token has the largest unlock by value this week? According to the provided data, ENA has the largest unlock by value this week, with 171.88 million tokens worth $102.13 million scheduled to be released. Does a token unlock always lead to a price drop? Not necessarily. While unlocks often create selling pressure, the actual price impact depends on several factors, including overall market sentiment, the project’s fundamentals, the percentage of circulating supply unlocked, and whether holders choose to sell or hold. Where can I find information about upcoming token unlocks? Platforms like DropsTab, which was referenced in this article, and other crypto data aggregators often track and provide detailed information on upcoming token unlock schedules. What should investors do before a major token unlock? Investors should research the specific project, understand the unlock details (amount, percentage, recipient), monitor market sentiment, and consider their risk tolerance. Diversification and setting stop-loss orders are also common strategies. Did you find this analysis of the weekly token unlock schedule insightful? Share this article with your fellow crypto enthusiasts on social media to help them stay informed about crucial market events! Your shares help us continue providing valuable insights. To learn more about the latest crypto market trends, explore our article on key developments shaping the cryptocurrency market outlook.
XRP Faces Potential Short-Term Decline Near $2.84 Amid Bearish Signals, Long-Term Rally Remains Possible
XRP is currently facing strong resistance near $2.84, with analysts warning of a possible decline to $2.50 due to bearish supply zone rejection. However, long-term projections still indicate a significant rally potential toward $27. XRP encounters critical resistance between $2.80 and $2.90, forming a bearish supply zone that may trigger a price drop. Failure to hold key support levels could lead to algorithmic selling and accelerated losses. Long-term trendlines suggest XRP could rebound strongly, targeting an average price of $27 based on historical data. XRP faces bearish pressure near $2.84 with risks of dropping to $2.50. Discover what this means for investors and the long-term outlook for XRP’s rally potential. What Is Causing XRP’s Resistance Near $2.84? XRP is currently battling a significant supply zone between $2.80 and $2.90, known as a bearish Fair Value Gap. This zone acts as a strong resistance where sellers dominate, increasing the risk of rejection and a subsequent price drop. Technical analysis shows a Break of Structure (BOS), confirming a shift from bullish to bearish momentum. How Does the Supply Zone Impact XRP’s Price Movement? The supply zone creates a wall of selling pressure that prevents XRP from advancing. If XRP fails to break above this zone, it may fall toward the next support range of $2.50–$2.60, where weekly demand and previous Fair Value Gaps provide some buying interest. Algorithmic trading could amplify losses if stop-loss orders are triggered below these levels. XRP faces bearish pressure near $2.84 as analysts warn of a drop to $2.50, while long-term projections still point to a major rally. XRP faces intense resistance near $2.84 with potential to drop to $2.50 if rejected from the bearish supply zone on the 4H chart. A break below key support zones could spark algorithmic selling and cascading losses as traders react to the bearish price structure. Despite short-term bearish pressure, long-term projections suggest XRP could rally toward $27 if historical trendlines continue holding. XRP’s price action is flashing a major red flag as the cryptocurrency battles strong resistance near $2.84. At this level, according to traders, there maybe a potential sharp drop toward $2.50. This high-stakes moment comes after weeks of volatile trading Currently trading at $2.8412, XRP has managed only a modest 0.19% gain in the last 4-hour session. However, the broader trend reveals growing pressure. The coin surged from $2.50 to nearly $3.60 in July, but failed to maintain that momentum. Since then, XRP has steadily declined, forming what analysts call a distribution pattern—usually a sign that whales are offloading. What Are the Short-Term Risks for XRP Investors? Short-term risks include a potential price drop to $2.50 if XRP is rejected from the supply zone. This scenario could trigger algorithmic selling and stop-loss cascades, increasing volatility. Traders should watch key support levels closely as failure to hold these may lead to accelerated losses. What Does the Distribution Pattern Indicate? The distribution pattern observed in XRP’s price action suggests that large holders, or whales, may be selling their positions. This behavior often precedes a bearish phase, signaling caution for short-term traders. Monitoring volume and price action in this context is critical for timely decision-making. How Does the Long-Term Outlook for XRP Look? Despite short-term bearish signals, long-term projections remain bullish for XRP. Analyst Egrag Crypto forecasts a potential rally toward $27, based on historical trendlines and price scaling methods. This suggests that XRP could experience a significant upward movement once current resistance is overcome. Source: Egrag Crypto XRP’s long-term trendline has historically acted as strong support during market cycles. This trendline is currently being tested but remains intact, reinforcing the possibility of a future rally once the short-term bearish pressure subsides. Frequently Asked Questions What does the bearish supply zone mean for XRP’s price? The bearish supply zone between $2.80 and $2.90 indicates strong selling pressure that may prevent XRP from rising further, potentially causing a price decline to $2.50. Will XRP’s price recover after the current bearish trend? Long-term analysts expect XRP to recover and possibly rally significantly, targeting around $27, once it overcomes short-term resistance and maintains key support levels. Key Takeaways Bearish Supply Zone: XRP faces strong resistance near $2.84, risking a drop to $2.50 if rejected. Short-Term Risks: Algorithmic selling and stop-loss triggers may accelerate price declines. Long-Term Potential: Historical trendlines and expert analysis forecast a rally toward $27. Conclusion XRP’s current price action signals short-term bearish pressure near the $2.84 resistance level, with potential declines to $2.50 if key supports fail. However, long-term projections remain optimistic, suggesting a significant rally could follow once the supply zone is overcome. Investors should monitor price trends closely and consider both short-term risks and long-term opportunities. In Case You Missed It: Ripple’s $125 Million Penalty Remains in Escrow Pending SEC Appeal and Regulatory Developments
XRP Stalls at $2.86 as Key Support and Resistance Levels Contain Price Movement
XRP price holds at $2.86 after a 10% weekly drop, with support at $2.75 and resistance at $2.97. RSI at 48.91 and MACD mixed readings indicate a neutral but uncertain short-term market direction. Persistent rejection at $2.97 continues to limit upside momentum despite steady support near $2.75. XRP’s market price continues to experience downward pressure after a sharp decline over the past week. The cryptocurrency now trades at $2.86, reflecting a 10.0% decrease within the last seven days. Typically, its value relative to Bitcoin stands at 0.00002512 BTC, reflecting a 3.7% movement. Ironically, notwithstanding this change, the market remains intent on two essential levels: support at about $2.75 and resistance around $2.97. These levels now set the short-term range and are gaining much attention from market analysts tracking price stability. Technical Indicators Show Mixed Momentum On the hourly chart, the Relative Strength Index (RSI) stands at 50.19 readings, with its signal line at 39.94. Such levels make XRP fall under neutral zones, implying no oversold/overbought state. However, the Moving Average Convergence Divergence (MACD) reflects a more divided picture. Source: TradingView The indicator shows a positive histogram at 785.03 million, offset by selling pressure near -1.11 billion and stronger negative flows of -1.9 billion. This balance between opposing forces underscores the market’s indecisive behavior within the current range. XRP Trapped Between Support and Resistance Although XRP trades closer to the middle of its defined range, $2.75 continues to serve as a firm support level. This zone has repeatedly attracted buying interest whenever price weakness emerges. On the other hand, $2.97 remains the immediate ceiling for bullish attempts. #XRP PUMPING BACK UP !!! pic.twitter.com/1JqbjG8XLM — STEPH IS CRYPTO (@Steph_iscrypto) August 3, 2025 Notably, each time XRP approached this level, sellers managed to push the price lower. This repeated rejection has reinforced $2.97 as a critical barrier, limiting upward momentum in recent sessions. Consolidation Persists Amid Mixed Technical Signals These technical signals remain tightly linked, with price action consolidating between the observed support and resistance levels. The RSI movement around its mid-range supports this consolidation view, while MACD readings emphasize the struggle between buyers and sellers. Besides, the weekly 10% fall of XRP underscores the importance of consistent demand to recover lost momentum. Until price is outside these limits, the immediate trend in the market is likely to be limited within this sideways trading range pattern
Trump Media Allocates $2,4 Billion to Bitcoin, Expands Cryptocurrency Exposure
Trump Media Strengthens Position with Billion-Dollar Bitcoin Purchase The company's crypto assets total more than US$3 billion Movement may impact institutional adoption of cryptocurrencies Trump Media & Technology Group, linked to current US President Donald Trump, reported a $2,4 billion investment in Bitcoin, according to financial data for the second quarter of 2025. The Nasdaq-listed company brought its total assets to $3,1 billion following the acquisition. The robust entry into Bitcoin marks a significant diversification strategy, reinforcing the company's presence in the cryptoasset sector. With this, the group joins the select group of corporations with large amounts of digital reserves, at a time of growing attention to the institutional role of cryptocurrencies. In the same report, the company also revealed that it achieved positive operating cash flow of US$2,3 million for the first time, although it closed the period with a net loss of US$20 million. The information highlights a possible transition in the group's financial structure, with a greater focus on digital assets as part of the portfolio. Despite the internal disclosure, there has been no official statement from executives or regulatory bodies regarding the investment. The market, however, is already beginning to consider the implications of this move on potential financial products, such as Bitcoin-based exchange-traded funds (ETFs), as well as adoption in digital wallets. Trump Media's move was interpreted by analysts as a sign that cryptocurrencies are increasingly present in corporate strategies. "Strategic investments in Bitcoin by major corporations like Trump Media indicate a growing acceptance of cryptocurrency into traditional business plans, potentially spurring further technological advancements and investment diversification." The company's stance could also influence political and regulatory decisions in the United States, especially considering President Donald Trump's role in the current administration.
Crypto Futures Liquidation: The Shockwave That Wiped Out $601 Million
The world of cryptocurrency is known for its rapid movements and significant volatility. Recently, the market experienced a stark reminder of this reality when a staggering sum of money was wiped out in a short period. In just one hour, major exchanges witnessed $116 million worth of futures contracts liquidated, a figure that escalated to $601 million over a 24-hour span. These numbers, while startling, are not just statistics; they represent real financial impacts on traders and signal crucial insights into market dynamics. Understanding what drives such massive instances of crypto futures liquidation is essential for anyone navigating this complex landscape. What Exactly Is Crypto Futures Liquidation? To grasp the gravity of recent events, it is important to understand what crypto futures liquidation entails. In simple terms, a liquidation occurs when a trader’s leveraged position is forcibly closed by an exchange. This happens because the trader’s margin—the collateral they put up to open the position—falls below a certain threshold required to keep the trade open. When market prices move significantly against a leveraged position, the exchange steps in to prevent further losses for the trader and itself. Leverage: This is the core concept behind futures trading. It allows traders to control a large position with a relatively small amount of capital. For example, 10x leverage means you can trade with $10,000 worth of crypto by only putting up $1,000 of your own money. Margin: The actual capital a trader commits to open and maintain a leveraged position. It acts as collateral. Margin Call: While less common in automated crypto futures, conceptually, this is a warning that your margin is running low. Liquidation often happens automatically once the margin falls below the maintenance level. Maintenance Margin: The minimum amount of equity required in a trading account to hold a futures position. If the equity drops below this level, liquidation is triggered. Why Do Such Large Crypto Futures Liquidations Occur? The recent liquidation event, particularly the $116 million in an hour, is a direct consequence of several interconnected factors inherent to the crypto market. Understanding these drivers is key to anticipating and managing risk. Here are the primary reasons behind these significant liquidation cascades: High Volatility: Cryptocurrency markets are notoriously volatile. Sudden, sharp price movements, whether up or down, can quickly push leveraged positions into unprofitable territory. A large, unexpected price swing can wipe out the margin of numerous traders simultaneously. Excessive Leverage: Many traders in the crypto futures market use very high leverage, sometimes up to 100x or even higher. While this amplifies potential gains, it also dramatically increases the risk of liquidation. Even a small price movement against a highly leveraged position can lead to a total loss of the margin. Stop-Loss Hunting and Cascading Effects: Large market players or ‘whales’ can sometimes intentionally or unintentionally trigger a cascade. When a significant price move begins, it can trigger the stop-loss orders of many traders. As these positions are closed, it adds selling (or buying) pressure, further moving the price, which then triggers more stop-losses and liquidations, creating a domino effect. This phenomenon is often referred to as a ‘liquidation cascade’ or ‘liquidation spiral’. Market News and Events: Macroeconomic news, regulatory announcements, or even major project updates can cause swift market reactions. If such news is negative and unexpected, it can lead to rapid sell-offs and, consequently, mass liquidations for long positions. A Closer Look at the $116 Million Crypto Futures Liquidation The reported $116 million worth of futures liquidated in a single hour and the broader $601 million over 24 hours highlight the intensity of recent market movements. These figures represent the total value of the positions that were forcibly closed. When such large amounts are liquidated, it suggests a sudden, significant price change that caught many leveraged traders off guard. Consider the scale of these events: Timeframe Approximate Liquidation Amount Implied Market Impact Past Hour $116 Million Sudden, Sharp Price Movement Past 24 Hours $601 Million Sustained Volatility & Pressure These numbers indicate that a substantial number of traders, likely those with high leverage, found their positions underwater very quickly. This often happens during unexpected market reversals or accelerated trends, where the market does not provide enough time for manual intervention or for lower-leveraged positions to withstand the pressure. Who Is Most Vulnerable to Crypto Futures Liquidation? While anyone trading with leverage faces the risk of liquidation, certain groups tend to be more susceptible. Retail traders, often drawn by the promise of amplified gains, sometimes overleverage their positions without fully understanding the risks. They might not have the sophisticated risk management tools or deep capital reserves that institutional traders possess. However, even institutional players can face liquidations if their risk models fail to account for extreme market conditions or ‘black swan’ events. The sheer volume of recent liquidations suggests that a broad spectrum of traders, from individual speculators to larger funds, felt the impact of the market’s recent movements. What Is the Broader Market Impact of Mass Liquidations? Large-scale crypto futures liquidation events do not happen in a vacuum; they send ripples throughout the entire crypto ecosystem. Their impact can be felt in several ways: Increased Volatility: As positions are closed, it can create further selling or buying pressure, exacerbating price swings. This can lead to a cycle where more liquidations occur, fueling further volatility. Market Sentiment: Significant liquidation events can dent investor confidence. Seeing large sums wiped out can lead to fear, uncertainty, and doubt (FUD), causing some traders to reduce their exposure or exit the market altogether. Funding Rates: Futures contracts often have ‘funding rates’ that traders pay or receive to keep their positions open. During periods of extreme liquidations, these funding rates can become highly skewed, indicating strong directional bias in the market. Exchange Stability: While exchanges are designed to handle liquidations, extremely rapid and large-scale events can test their systems. Robust liquidation engines are crucial for maintaining market order. Navigating the Volatile Waters: Actionable Insights for Traders Given the inherent risks, how can traders better navigate the treacherous waters of crypto futures trading and mitigate the risk of crypto futures liquidation? Here are some actionable insights: Understand Leverage Thoroughly: Do not use leverage blindly. Calculate the exact liquidation price for your position at different leverage levels. The higher the leverage, the smaller the price movement required for liquidation. Implement Strict Risk Management: Use Stop-Loss Orders: Always set a stop-loss order to automatically close your position if the price moves against you beyond a predetermined point. This limits potential losses. Position Sizing: Never allocate a large percentage of your portfolio to a single highly leveraged trade. Determine a comfortable percentage of your total capital you are willing to risk on any single trade. Diversify: While futures trading often focuses on one asset, consider your overall portfolio. Do not put all your eggs in one basket. Monitor Funding Rates and Open Interest: These metrics can provide clues about market sentiment and potential areas of congestion where liquidations might occur. High open interest in a specific direction with extreme funding rates can signal a crowded trade vulnerable to reversal. Stay Informed and Adapt: Keep abreast of market news, technical analysis, and on-chain data. The crypto market evolves quickly, and adapting your strategy based on current conditions is vital. Start Small: If you are new to futures trading, begin with very small positions and low leverage. Gain experience and confidence before increasing your exposure. Challenges and Risks Associated with Futures Trading While futures trading offers the potential for significant profits due to leverage, it comes with substantial challenges and risks. The primary challenge is managing the amplified risk. A small miscalculation or an unexpected market move can lead to rapid and complete loss of capital. The emotional toll of trading, especially during volatile periods, can also be immense, leading to impulsive decisions that further exacerbate losses. Furthermore, the 24/7 nature of crypto markets means constant vigilance is often required, which can be mentally exhausting. The complexity of understanding various order types, margin requirements, and funding rates also presents a barrier to entry for many new traders. The Future of Crypto Futures Liquidation As the crypto market matures, exchanges are continually refining their liquidation engines and risk management protocols. However, as long as leverage exists, so will the risk of crypto futures liquidation. Regulatory oversight may also play a role in shaping how futures products are offered and used, potentially leading to stricter leverage limits in some jurisdictions. Ultimately, education and responsible trading practices will remain the most powerful tools for individual traders to navigate these inherent market forces. In conclusion, the recent $116 million in an hour and $601 million in 24 hours of crypto futures liquidation serves as a powerful reminder of the inherent volatility and amplified risks within leveraged cryptocurrency trading. These events are not random occurrences but are driven by high leverage, sudden price movements, and cascading effects. While the allure of amplified gains is strong, understanding the mechanics of liquidation and implementing robust risk management strategies are paramount. For traders, the key lies in informed decision-making, disciplined execution, and a healthy respect for the market’s unpredictable nature. Staying educated and practicing caution will be your best allies in this dynamic financial frontier. Frequently Asked Questions (FAQs) Q1: What is crypto futures liquidation? A1: Crypto futures liquidation is the forced closure of a trader’s leveraged position by an exchange. This happens when the market price moves against the trader’s position to such an extent that their margin (collateral) falls below the required maintenance level, preventing further losses. Q2: Why did $116 million worth of futures get liquidated in just one hour? A2: This large-scale crypto futures liquidation was likely triggered by a sudden and significant price movement in the cryptocurrency market. Traders with highly leveraged positions, particularly those without sufficient margin or proper stop-loss orders, were caught off guard, leading to a cascade of forced closures. Q3: How can traders protect themselves from crypto futures liquidation? A3: Traders can protect themselves by using lower leverage, setting strict stop-loss orders, properly sizing their positions relative to their total capital, diversifying their investments, and continuously educating themselves on market dynamics and risk management principles. Q4: Does crypto futures liquidation affect the broader cryptocurrency market? A4: Yes, large liquidation events can significantly impact the broader market. They often lead to increased price volatility, can negatively affect market sentiment, and may influence funding rates, creating a ripple effect across the ecosystem. Q5: Is crypto futures trading inherently risky? A5: Yes, crypto futures trading is inherently risky due to the use of leverage, which amplifies both potential gains and losses. The high volatility of cryptocurrency markets further magnifies these risks, making it unsuitable for inexperienced traders or those with a low-risk tolerance. If you found this article insightful, please consider sharing it with your network on social media to help others understand the complexities of crypto futures liquidation and market volatility. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency price market.
Polkadot Retests Key Support Zone as Analysts Consider Potential Rebound Toward $4.46
Polkadot (DOT) is retesting the critical $3.44–$3.53 support zone, showing signs of recovery with rising open interest and a stable $5.78 billion market cap, suggesting a potential rebound toward $4.46 resistance. DOT retests key Fibonacci support between $3.44 and $3.53, previously a resistance area turned support. Long liquidations reached $370K in 24 hours, yet open interest increased by 2.76%, indicating sustained trader activity. Market cap remains steady at $5.78 billion with no inflation risk, supporting a possible price recovery toward $4.00–$4.46. Polkadot retests $3.44–$3.53 support with rising open interest and stable market cap, signaling a rebound potential to $4.46. Stay updated with COINOTAG. Polkadot’s Key Support Zone Holds Strong Amid Market Pullback Polkadot (DOT) is currently retesting the $3.44–$3.53 support zone, aligning with the 0.618-0.786 Fibonacci retracement levels on the daily chart. This zone, once a resistance barrier, now acts as a pivotal support area. The recent price of $3.61 reflects early recovery signs, indicating potential bullish momentum toward the next resistance levels at $4.00 and $4.46. How Does Market Structure Influence DOT’s Price Movement? Since early July, DOT’s market structure has exhibited higher highs and higher lows, maintaining an upward trend despite recent volatility. The pullback from $4.46 brought the price back into this critical demand zone. Intraday data shows active buyer and seller participation, with price opening near $3.53, dipping to $3.43, then recovering steadily, underscoring market resilience. Market Activity and Derivatives Data Reflect Trader Confidence Data from Coinglass reveals $386.75K in total liquidations over the past 24 hours, predominantly from long positions totaling $370.86K. Despite this, open interest increased by 2.76% to $426.11 million, signaling sustained trader engagement. Derivatives volume fell by 41.22% to $352.54 million, while the long/short ratio remains below 1 at 0.9712, with Binance traders showing a stronger long bias at 3.4543. Source: Coinglass DOT’s market capitalization holds steady at $5.78 billion with 1.6 billion tokens circulating. The full diluted valuation matches the market cap, indicating no inflationary pressure. This stability in supply combined with steady price action supports the potential for a sustained recovery if demand near the support zone persists. Metric Value Comparison Open Interest $426.11M +2.76% increase 24h Long Liquidations $370.86K High trader activity Market Cap $5.78B Stable, no inflation risk What Is Driving Polkadot’s Potential Rebound? Polkadot’s rebound potential is driven by its retest of a critical support zone between $3.44 and $3.53, combined with rising open interest and a stable market cap. These factors suggest renewed buying interest and a possible move toward resistance levels at $4.00 and $4.46. How Do Derivatives Influence DOT’s Market Sentiment? Derivatives data shows significant long liquidations, yet the increase in open interest indicates traders remain engaged. The long/short ratio below 1 suggests cautious optimism, while Binance’s stronger long bias points to selective bullish sentiment among retail traders. Frequently Asked Questions What is the significance of Polkadot’s $3.44–$3.53 support zone? This support zone corresponds to important Fibonacci retracement levels and has previously served as a pivot point for price reversals, making it crucial for DOT’s potential bullish continuation. Why is open interest important for DOT traders? Open interest reflects the total number of active contracts. An increase suggests growing market engagement, which often precedes significant price moves and indicates trader confidence. Key Takeaways Support Zone Holds: DOT retests the $3.44–$3.53 Fibonacci support, signaling a potential bullish reversal. Trader Engagement: Rising open interest amid long liquidations indicates active market participation. Market Stability: A stable $5.78 billion market cap with no inflation risk supports recovery prospects. Conclusion Polkadot’s retest of the critical support zone combined with increasing open interest and a stable market cap suggests a strong foundation for a potential rebound toward $4.46. Continued monitoring of price action and derivatives data will be essential for traders seeking to capitalize on this opportunity. COINOTAG remains committed to delivering timely, expert insights on DOT’s evolving market dynamics. In Case You Missed It: Bitcoin Shows Potential for Breakout Toward $121,000 Resistance Amid Strong Volume and Momentum
Bitcoin Price Shows Potential for Support Test Near $113,000 Amid Seller Dominance
Bitcoin (BTC) price declined by 1.43% on Saturday, driven by seller dominance, with key support levels near $113,000 and potential correction below $110,000. Saturday saw increased selling pressure impacting Bitcoin’s price movement. BTC tested resistance near $114,008 but failed to sustain, signaling possible downward momentum. According to COINOTAG analysis, a close below $113,000 could trigger further support tests in the coming days. Bitcoin price drops 1.43% amid seller pressure on Saturday; BTC nears critical support levels. Stay informed with COINOTAG’s latest crypto insights. Bitcoin Price Faces Downward Pressure After Resistance Rejection Bitcoin’s price has fallen by 1.43% over the last 24 hours, reflecting a market dominated by sellers on Saturday. The hourly chart shows BTC failing to hold above the local resistance at $114,008, indicating bearish momentum. If the daily candlestick closes below this resistance, a test of support levels around $113,000 is likely by day’s end. What Are the Key Support Levels for Bitcoin? The immediate support for Bitcoin lies near $113,000. Should this level fail to hold, the next significant support is around $112,000. A break below this could lead to a correction toward $110,000 or lower. COINOTAG’s analysis highlights that accumulated selling pressure may drive this downward move in the short to midterm. Top coins by CoinStats How Does Bitcoin’s Current Price Action Compare on Different Time Frames? On a larger time frame, Bitcoin’s price remains within the range of yesterday’s candle, suggesting consolidation. However, the hourly chart reveals a clear downward trend after the false breakout above resistance. This mixed picture indicates cautious trading behavior as investors await clearer direction. Image by TradingView What Could Trigger Further Bitcoin Price Correction? If Bitcoin closes the daily bar below $113,000, traders may anticipate a test of lower support levels. The breach of $112,000 could accelerate selling, potentially pushing BTC toward $110,000 and below. This scenario aligns with technical indicators signaling weakening bullish momentum. Image by TradingView Price Level Current Value Potential Movement Resistance $114,008 Failed breakout Support 1 $113,000 Key daily support Support 2 $112,000 Midterm test level Correction Target $110,000 Potential downside Frequently Asked Questions What is causing Bitcoin’s price decline on Saturday? Bitcoin’s price decline is primarily due to seller dominance and failure to sustain above the $114,008 resistance, leading to increased selling pressure and testing of key support levels. How low could Bitcoin’s price go if support breaks? If Bitcoin closes below $113,000 and breaks $112,000 support, it could correct further towards $110,000 or lower, reflecting weakening bullish momentum. Key Takeaways Seller dominance: Saturday’s market favored sellers, pushing BTC price down 1.43%. Resistance failure: BTC failed to hold above $114,008, signaling bearish momentum. Support levels: Critical supports at $113,000 and $112,000 may determine short-term price direction. Conclusion Bitcoin’s price decline on Saturday highlights increased selling pressure and key resistance rejection at $114,008. With critical support levels at $113,000 and $112,000 under threat, traders should watch for potential corrections toward $110,000. COINOTAG will continue monitoring market developments to provide timely updates. In Case You Missed It: Significant U.S. Spot Ethereum ETF Outflows on August 1 Highlight Market Dynamics and Investor Sentiment
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