Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Virtual whales now have 93%supply -do this cause major market shaking?
ALTCOIN NEWS

Virtual whales now have 93%supply -do this cause major market shaking?

By Crypto FlexsMay 7, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Virtual whales now have 93%supply -do this cause major market shaking?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Virtual decreased 13.95% a day, causing market losses.
  • Whale wallets now control 93%of the total supply.

In the last 24 hours, virtual protocols have decreased by 13.95 %, recording the steepest loss of major assets.

Market analysis suggests that the possibility of short -term rally was still, but assets could continue to decline.

According to the press time, market emotions showed that large -scale holders faced a much greater threat, increasing their share of supply.

Virtual whale acquisition still remains a threat.

According to Nansen, the top 100 addresses now have 93%of the total supply of Virtual. This concentrated ownership increases the ghost of instability.

If a large holder commands the float, all off -roads can start liquidation algae. If you decide to sell this whale, it can cause major liquidation waves that push the price much lower.

Source: Nansen

Nansen also benefited from Smart Money wallets and gained 14.35%of the last 24 hours.

This wallet is famous for its strategic and profitable betting. When the group starts selling, it can apply more pressure at the price of Virtual.

Spot trader keeps purchasing

Interestingly, despite the decrease in the market and the increase in the risk of liquidation cascades, the Spot Trader continues to buy assets.

In the last 24 hours, SPOT Traders has purchased $ 1.42 million worth of virtual.

Source: COINGLASS

This continues to make a wider accumulation trend. Over last week, traders have acquired a total of $ 180 million worth of assets.

This continuous purchase violates the current market trend and is in contrast to the risks raised by the controlled whales.

The meaning of the market movement of Virtual

Technically, the four -hour chart is almost relieved. It suggests that virtual prices may be at a deeper price.

Altcoin has already strengthened its sales to $ 1.62 and $ 1.46 first, less than two major support levels.

If this pressure continues, the virtual can drop to $ 1.27 and the next possible support is $ 1.064.

Source: TradingView

The analysis of the relative intensity index (RSI), which measures the speed and change of the momentum, also refers to the continuation of the decline.

But the potential turning point can be close. If RSI falls below Adtictold Level 30, assets can experience technical reactions.

The RSI was 35.60 at the Prest Time. All movements below this threshold can indicate reversal and open the door for short -term rally.

Virtual supply is faced with a serious risk of falling due to the concentration of supply and increasing sales pressure.

At the same time, if the technical indicators are switched and the spot buyer continues to accumulate, the asset still maintains the possibility of rebound.

Next: The method of the stablecoin economy soaring to $ 24 billion -Ethereum is at the core

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TON has a simple down time before it is restored.

June 1, 2025

Binance’s average orders for Ether Leeum recorded a level in 2023.

June 1, 2025

SUI PASSESS votes for CETUS $ 162 million

June 1, 2025
Add A Comment

Comments are closed.

Recent Posts

TON has a simple down time before it is restored.

June 1, 2025

US Treasury sanctions are Funnull technology for encryption investment fraud

June 1, 2025

The top five Cryptocurrencies to be careful in the short term

June 1, 2025

Bitmex finds a cyber security lab in the North Korean hacker group.

June 1, 2025

2025 Bitcoin: Main Highlights and Strategic Presents

June 1, 2025

The boring APE NFT Maker sells Moonbirds IP to the Orange Cap Game.

June 1, 2025

Binance’s average orders for Ether Leeum recorded a level in 2023.

June 1, 2025

NVIDIA NIM improves SQL inferences between text in Vanna for improved analysis.

June 1, 2025

Destino Devconnect-Local subsidy round that brings Argentina Onchain

June 1, 2025

SUI PASSESS votes for CETUS $ 162 million

June 1, 2025

Github University 2025 emphasizes AI -based development and community buildings

June 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

TON has a simple down time before it is restored.

June 1, 2025

US Treasury sanctions are Funnull technology for encryption investment fraud

June 1, 2025

The top five Cryptocurrencies to be careful in the short term

June 1, 2025
Most Popular

The best global encryption exchange binary that lists a new blockchain game token through the launchpool platform

March 29, 2025

LBank Witness’ EchoLink Launchpad surged more than 763% within the first 30 minutes.

January 27, 2024

The SEC replaces the crypto enforcement task force with a small cyber device.

February 22, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.