Bitcoin Crypto Expert

2022-04-24 13:30:28 Ethereum Whales Pouncing on Dogecoin Competitor Shiba Inu Amid Crypto Market Downtown, According to On-Chain Data

According to a new tweet from the whale-tracking website WhaleStats, SHIB has surpassed ETH layer-2 scaling solution Polygon (MATIC) as the top traded crypto asset among the top 500 Ethereum wallets.

The data tracker goes on to say that the top 5,000 Ethereum wallets collectively hold $1.46 billion worth of Shiba Inu tokens.Also popular among the investor cohort is FTX Token (FTT), the native asset of the popular FTX cryptocurrency exchange, as deep-pocketed wallets hold $1.22 billion worth of FTT.FTT powers the FTX ecosystem, giving traders reduced trading fees and rebates, among other benefits.While it was eclipsed by SHIB, Polygon remains a popular asset among ETH whales to the tune of $332.59 million. Open / Comment

2022-04-24 11:57:43 Rumors Claim Large Bitcoin Wallet Is a Whale's Stash or Microstrategy's Wallet Despite Conflicting Data

Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform.

The “1P5ZED” bitcoin address rumor is making the rounds again, as people wholeheartedly believe that the address is a bullish whale capturing massive quantities of bitcoin. Stories about the “1P5ZED” bitcoin address have been published by crypto news outlets, analysts have claimed the entity has a ‘trading strategy,’ Redditors have published threads on the wallet’s transfers, and the wallet has been a topical conversation on Twitter as well. Open / Comment