Whales are LOOTING These Coins! 🐳💰

by

Blimey! This week, the world of cryptocurrencies has gone bonkers, hasn’t it? Trading’s been hotter than a chili pepper 🌶️, and Bitcoin, that granddaddy of digital dosh, hit an all-time high of $111,988! Crikey!

The market’s gone all bullish, like a grumpy bull in a china shop, and the big crypto whales, those chaps with pockets deeper than the Mariana Trench, have been snapping up altcoins like they’re going out of style. Let’s have a peek, shall we?

Dogecoin (DOGE)

First up, it’s Dogecoin, the meme coin that started as a joke but now has more fans than a rockstar. The whales have been all over it this week, gobbling it up like it’s chocolate cake. Santiment, those clever clogs, have noticed a surge in the number of addresses holding between 100 million and 1 billion DOGE tokens. Cor blimey! 😲

During the week, these greedy guts have bagged a whopping 740 million tokens, worth over $180 million at today’s prices. That’s enough to buy a small island, probably with a few palm trees and a grumpy parrot. 🦜

The value of DOGE has gone up like a rocket, reaching a 10-day high of $0.24. Seems investors are feeling all bullish, like a kid with a bag of sweets. 🍬

Maker (MKR)

Next, we’ve got MKR, the brains behind MakerDAO, a DeFi protocol that sounds like something out of a sci-fi film. Whales have been splashing the cash on this one too. 🐳

IntoTheBlock, another bunch of clever clogs, have noticed that the netflow of MKR’s large holders is up by a bonkers 469% over the past week. That’s a lot of tokens, folks! 🤯

This netflow thingy measures the difference between what whales buy and sell. A big surge like this means the whales are feeling confident and think MKR is going to go up. They must know something we don’t, the sly devils! 😉

And if the whales keep buying, the smaller fish, those retail traders, might start buying too. If that happens, MKR could go on a proper rally. Let’s hope so, eh? 🤞

Official Trump (TRUMP)

Last but not least, it’s Official Trump (TRUMP), another altcoin that’s caught the eye of the whales. Apparently, they’ve been buying up big positions in the lead-up to a dinner where President Trump hosted the top 220 holders of his meme coin. Sounds like a right royal knees-up! 🎉

Nansen, those nosey parkers, say that Smart Money inflow into TRUMP has exceeded $1.40 million in the past week. That means the clever investors, the ones who usually know what they’re doing, are getting in on the act.

Smart Money usually includes hedge funds and institutional types, the ones who make well-timed moves in the market. If they’re buying TRUMP, it suggests they think it’s going to go up. So, keep your eyes peeled, folks! 👀

Read More

2025-05-23 17:55