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Ethereum ICO Whales Sell, 98% of ETH in Profit

Key Notes
The Ethereum ICO whale has minted an overall profit of about $366.8 million, generating a total of 11,835x returns.
Glassnode data shows that 98% of ETH supply is currently in profit, its highest level in two years, raising the likelihood of profit-taking.
Analysts warn that current l
ETH-3.22%
IN-15.15%
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Shiba Inu Exchange Supply Drop Hints SHIB Price Rally Ahead - Coinspeaker

Key Notes
SHIB price broke out of a symmetrical triangle after a 10% weekly gain, signaling potential bullish momentum.
Exchange balances dropped nearly 1% in two weeks, reducing selling pressure.
Rising Spent Coins Age Bands suggest possible profit-taking and risk of a price
SHIB-7.32%
RLY-8.88%
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Tron’s Justin Sun Sues Bloomberg

Key Notes
Justin Sun has accused Bloomberg of misleading the public by publishing incorrect information about his cryptocurrency holdings.
He has also requested a temporary restraining order to prevent Bloomberg from publishing its findings.
Sun thinks the outlet is planning to use the informat
TRX-0.92%
SUN0.57%
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99% of Bitcoin Supply in Profit: Is This the Final Parabolic Rally? - Coinspeaker

Key Notes
An astonishing 99% of Bitcoin’s circulating supply is now in profit.
BTC briefly flipped Google (Alphabet), becoming the world's fifth-largest asset.
Analysts eye the $126K price level as the “make-it- or break-it” level for BTC.
Bitcoin

BTC
$120 854
24h
BTC-4.65%
IN-15.15%
RLY-8.88%
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Can You Become Millionaire With XRP? Whales Grab 320M XRP - Coinspeaker

Key Notes
Whales have bought 320 million XRP tokens in three days.
XRP is trading around $3.25, almost flat in the past day.
Key resistance sits at $3.33, with potential targets $4.44 and $5.85.
As the broader altcoin market braces for a possible rally, XRP

XRP
$3.22
24h
XRP-6.35%
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What's Behind 17% Cardano (ADA) Price Rally Today? - Coinspeaker

Key Notes
Technical patterns and analyst forecasts suggest Cardano price could hit $1.20 in the short term and potentially climb toward $2.90.
Grayscale’s registration of the “Grayscale Cardano Trust ETF” in Delaware with 80% approval chances.
Long-term holders have been steadily accumulating
ADA-0.78%
RLY-8.88%
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Cathie Wood’s Ark Invest Buys $172M in Bullish Shares - Coinspeaker

Ark Invest purchased over 2.5 million shares of Bullish's IPO, leading to an 84% increase in stock value on launch day. The firm is experiencing mixed responses in its leading ETFs, despite strong initial demand for BLSH shares.
ai-iconThe abstract is generated by AI
ARK-5.3%
IN-15.15%
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Bitcoin Hits $124K as Samson Mow Outlines 2 Scenarios

Key Notes
BTC has broken $124K as CPI holds steady at 2.7%.
Samson Mow sees either further BTC dominance or an altcoin-led pullback.
Altcoin market cap has gained 26%, but faces key resistance near $315B.
.
Bitcoin

BTC
$121 899
24h volatility:
1.8%
Market cap:
$2.43 T
Vol. 24h:
$69.76 B
BTC-4.65%
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PENGU Eyes 100% Breakout amid Pudgy Penguins Treasury Move

Key Notes
Crypto analysts highlighted catalysts such as a pending PENGU ETF backed by CBOE for the PENGU price rally.
Nasdaq-listed BTCS Inc diversified its holdings by acquiring three Pudgy Penguins NFTs, in the latest
PENGU-10.34%
MOVE-7.18%
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XRP Price Eyes 188% Upside in a Clear Breakout Pattern - Coinspeaker

Key Notes
The conclusion of the Ripple vs SEC lawsuit triggered a sharp increase in XRP activity, with daily trading volumes up 208% to $12.4 billion.
XRP is consolidating near its all-time high on a two-week timeframe, with futures open interest climbing 9% to $8.67 billion.
Analysts are
XRP-6.35%
IN-15.15%
CLEAR-22.07%
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Metaplanet Makes History as Bitcoin Bet Pays Off - Coinspeaker

Key Notes
Metaplanet’s second-quarter earnings report shows that its YTD Bitcoin yield is up almost fivefold.The firm recorded $8.4 million in revenue, marking more than a 41% increase in QoQ.
Currently, it holds 18,113 BTC valued at $2.18 billion.
Japanese financial firm Metaplanet, which
BTC-4.65%
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Omni Announces Rebranding, Token Hits 50% Monthly Gains

Key Notes
Omni Network is undergoing a full rebrand with a new name, logo, and product narrative.
The update will include a token migration, with no immediate action required from current OMNI holders.
OMNI token has increased by nearly 50% in the past month, including a 14% rise over the
OMNI-8.46%
TOKEN-8.48%
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EDEN Skyrockets 70% Post Eden Network Closure - Coinspeaker

Key Notes
EDEN token surged 70% in 24 hours to $0.0721 with a 409% rise in volume.
Eden Network announced it will shut down operations, five years after its debut.
EDEN is testing the upper boundary of a long-term symmetrical triangle weekly.
EDEN, the native token of Eden Network, has
EDEN-1.54%
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This Whale Makes $250M Profit in 3 Months, Now Selling ETH - Coinspeaker

Key Notes
7 Siblings started selling ETH as soon as the price broke $4,500.
The mysterious group reportedly has 1.2 million ETH tokens.
Ethereum remains strong with ETF inflows despite the selloffs.
7 Siblings, a mysterious group that’s been accumulating Ethereum

ETH
$4 622
24h
IN-15.15%
ETH-3.22%
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