Ethereum News Daily Official TheBitTimes.com

According to cryptocurrency Analysis firm LookOnChain, a whale has purchased 500 billion worth of Pepe (PEPE) tokens worth $4.36 million. The whale’s wallet currently holds 2 trillion coins worth $17.42 million. Also Read: US Banks Can Now Custody Customer Crypto, OCC Says This whale just bought 500B $PEPE($4.36M) again and currently holds 2T $PEPE($17.42M).https://t.co/lj4QaP0DUW pic.twitter.com/sx7hOqkcKG — Lookonchain (@lookonchain) May 8, 2025 Cryptocurrencies Rally Into The Green Zone Source: CryptoRank The whale’s big purchase comes amid a market-wide resurgence. Bitcoin (BTC) is testing the $99,000 mark. The global crypto market cap has risen by 1.3% in the last 24 hours to $3.18 trillion. PEPE follows a similar trend as well. The frog-themed memecoin is up 9.5% in the daily charts, 2.7% in the 14-day charts, 39.6% over the previous month, and 11.7% since May 2024. Despite the turnaround, the memecoin is down 1.7% over the last week. Source: CoinGecko Also Read...

Bancor (BNT) price rose more than 70% to $0.69, the coin’s highest level in two months.  BNT price surged as whale activity and network growth drove buyside pressure. Geopolitical events in the Middle East have dampened markets, but analysts say Bancor could surge to new multi-month highs. Bancor recorded a significant bump in price over the weekend, rising to a two -month high of $0.69 as BNT buyside pressure saw it outpace Bitcoin and top altcoins. The coin’s upside of 71% for the 24 hours to Monday morning came even as the fresh geopolitical events appeared to dent sentiment battered by inflation and interest rates concerns. Bancor price surges as markets weigh Israel-Hamas conflict Ahead of markets opening on Monday, US stocks were down and Bitcoin, Ethereum and most altcoins were trading lower. Investor jitters come as analysts point to the potential impact of a full-scale war in the Middle East following Israel’s retaliation to...

The crypto market noted one of its deepest declines of 2023 a few hours ago. Bitcoin and Ethereum dropped by more than 7% each, bringing down their respective market caps to $515 billion and $202 billion, respectively. However, a particular whale shrewdly sold its assets right before the crash and shielded itself. A recent Analysis by Lookonchain revealed that the whale dumped 22,241 ETH worth $41 million before the flash crash . The sale was not profitable. He lost $1.7 million. However, enduring the loss helped him successfully dodge the market crash . The on-chain analytics platform pointed out that the whale could perhaps buy back assets at a much cheaper price going forward. Source: Lookonchain Also Read: $1 Billion Wiped Out Of Crypto Market Amid Bitcoin, Ethereum Crash Alongside, the Coinbase premium for BTC has risen by 3%. This could mean that Coinbase whale s have already started buying the dip. Contrarily, the rise could also be because of a whale entity du...