As Bitcoin surged past $71,000 last week, altcoins also saw gains. However, when Bitcoin dropped to $69,000, altcoins experienced sharp declines.

New Wallets Purchase UNI, BLZ, PEPE, and TRB

According to Lookonchain, five newly created whale wallets recently bought UNI, BLZ, PEPE, and TRB from Binance and OKX.

“New whale wallets are buying UNI, BLZ, PEPE, and TRB.

Wallet 0x3492 withdrew 870,827 UNI ($8.5 million) from OKX an hour ago.

Wallet 0xe841 withdrew 7.69 million BLZ ($2.16 million) from Binance an hour ago.

Wallets 0x81cC and 0xf226 withdrew 303.4 billion PEPE ($3.8 million) from Binance and OKX 11 hours ago.

Wallet 0x8499 withdrew 20,628 TRB ($1.9 million) from Binance 25 hours ago.”

Dormant Whale Sells MKR and AAVE for Profit

Spot On Chain reports that a dormant altcoin whale transferred 3,800 MKR (worth $9.3 million) and 20,000 AAVE (worth $4.45 million) to Binance for profit after holding for a year.

“A dormant whale, after holding for a year, transferred 3,800 MKR ($9.3 million) and 20,000 AAVE ($4.45 million) to Binance for profit!

If sold now, the profit would be $6.86 million (+281%) for MKR and $645,000 (+17%) for AAVE.”

Unfortunate Whale Sells ENA at a Loss

An unfortunate whale, thinking they were buying the dip, failed to sell their Ethena (ENA) during the rise and ended up selling at a loss following recent declines.

“This whale typically bought various altcoins before pumps but was not successful with timing.

Six days ago, just before the price rose above $1, this whale spent $1.6 million USDC to buy 1.62 million ENA.

With the price now down 23% (7D), the whale sold all ENA for only $1.32 million USDC.

This results in a loss of $283,000 (-17.6%) in less than a week.

Overall, this whale often bought tokens before pumps but failed to choose ideal exits.”

The post Bitcoin’s Decline Activates Altcoin Whales appeared first on Coin Engineer.

Bitcoin has witnessed a slight increase, reaching a level of 26,900, but uncertainty regarding its direction continues. In Bitcoin, CPI data and unemployment benefits data may need to be awaited to witness fluctuation. Severe fluctuations can occur in cryptocurrencies. In such cases, it is correct to monitor the market from a distance. The critical support level for Bitcoin is 26,400, and the resistance level is 27,200.

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The Latest Status in Cryptocurrencies – 12 October

The post The Latest Status in Cryptocurrencies! – 12 October appeared first on Coin Engineer.

Before the announcement of the FED interest rate decision at 9:00 PM, the symmetrical triangle formation observed in Bitcoin could potentially rise to levels around $27,800 if there is an upward breakout. However, if this formation experiences a downward breakout, we could target levels around $26,600.

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The Latest Status of Cryptocurrencies

‣ Bitcoin (BTC) BTC/USD pair is trading at $27,234 with a 0.02% decrease. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are in the range of $25,400 to $25,000.

‣ Ethereum (ETH) ETH/USDT pair is trading at $1,638 with a 0.37% decrease. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are in the range of $1,550 to $1,465.

‣ Bluzelle (BLZ) BLZ/USD pair is trading at $0.202 with a 3.30% decrease. The resistance levels for BLZ are in the range of $0.235 to $0.257, while the support levels are in the range of $0.195 to $0.164.

‣ Liquity (LQTY) LQTY/USD pair is trading at $0.84 with a 3.76% increase. The resistance levels for LQTY are in the range of $0.87 to $0.92, while the support levels are in the range of $0.81 to $0.77.

‣ Storj (STORJ) STORJ/USD pair is trading at $0.39 with a 6.77% decrease. The resistance levels for STORJ are in the range of $0.42 to $0.50, while the support levels are in the range of $0.33 to $0.29.

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The post The Latest Status of Cryptocurrencies ! – September 20 appeared first on Coin Engineer.

Bitcoin has entered a new week, but it has not yet managed to surpass the $26,000 level, and the weekly closing currently looks good. Sideways movement in Bitcoin may continue for a while.

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The Latest Status of Bitcoin and Cryptocurrencies

• Bitcoin (BTC) is trading at $25,985 with a 0.23% decrease against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are between $25,400 and $25,000.
• Ethereum (ETH) is trading at $1,636 with a 0.02% decrease against USDT. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are between $1,603 and $1,550.
• Dydx (DYDX) is trading at $2.07 with a 1.96% increase against the USD. DYDX has resistance levels in the range of $2.17 to $2.30, while its support levels are between $2.02 and $1.88.
• Aptos (APT) is trading at $5.52 with a 1.15% increase against the USD. APT’s resistance levels are in the range of $6.08 to $6.69, while its support levels are between $5.40 and $4.93.
• Bluzelle (BLZ) is trading at $0.141 with a 9.98% increase against the USD. BLZ has resistance levels in the range of $0.152 to $0.175, while its support levels are between $0.123 and $0.101.

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The post The Latest Status of Bitcoin and Cryptocurrencies! – September 4 appeared first on Coin Engineer.