XRP Flashes Death Cross, Shiba Inu Whale Activity Soars 25,587%, and a 14-Year-Old Bitcoin Wallet Awakens
š¶ Massive Whale Surge in Shiba Inu (SHIB)
On July 23, SHIB witnessed an astonishing on-chain movement as whale accumulation skyrocketed. Net inflows into large wallets ā those holding over 0.1% of the total supply ā surged from 18.29 billion to a staggering 4.68 trillion SHIB, marking a 25,587% spike in just 24 hours, according to IntoTheBlock.
While SHIBās price briefly hit $0.000016 during this activity, it later dipped to $0.0000139 by July 24. This points to potential strategic positioning by whales ā possibly anticipating a breakout or treating SHIB as a long-term play.
ā ļø XRP Signals Death Cross Against Bitcoin
XRP has formed a ādeath crossā on the hourly chart versus BTC, with its 50-hour moving average dipping below the 200-hour. This classic bearish signal suggests possible downside momentum.
The move coincides with heightened market volatility and over $976 million in liquidations on Wednesday, as reported by CoinGlass ā adding further caution among traders.
š Dormant Satoshi-Era Bitcoin Wallet Springs to Life
In a rare twist, a Bitcoin wallet inactive since 2011 has been reactivated. Tracked by Whale Alert, the wallet once held BTC worth just $1,435 ā now valued at over $468 million (3,962 BTC).
Its sudden activity after 14 years has stirred speculation, with some wondering if early adopters ā or even someone close to Satoshi Nakamoto ā are resurfacing.
TL;DR:
⢠SHIB sees an eye-popping 25,587% whale inflow jump ā hinting at quiet accumulation.
⢠XRP triggers a bearish death cross against BTC amid market-wide turbulence.
⢠A Bitcoin wallet untouched since 2011 reawakens, holding nearly half a billion dollars.
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