Whale Activity Surges on Solana Amid GameStop Frenzy
GameStop's resurgence fuels Solana meme token frenzy; GME and KITTY surge over 80%. Solana's low fees attract whale investors, driving network activity amidst cryptocurrency market pullback.
![image Edmund](https://image.coinlive.com/24x24/cryptotwits-static/2488f86d7c9c42855a452b202bf85f6c.png)
GameStop's resurgence fuels Solana meme token frenzy; GME and KITTY surge over 80%. Solana's low fees attract whale investors, driving network activity amidst cryptocurrency market pullback.
A crypto whale recovered $70M in assets stolen by phishing, highlighting cybersecurity measures and negotiation tactics.
Cat-themed altcoin MEW surges 88%, enters top 200 cryptos. Solana whales' moves coincide with MEW's rise, highlighting crypto market volatility.
BTC whale transfers to major exchanges, notably Binance and Coinbase, suggest ongoing confidence in the cryptocurrency market. The reasons behind these substantial transfers remain unclear, but they may be linked to expectations of a bullish bitcoin rally or strategic trading moves during market downturns.
On-chain data shows the trading interest of whales in Bitcoin is now at its lowest point in around two years.
The investor-turned-DJ told CoinDesk that he was running low on liquidity and wanted to spark movement during crypto winter.
Bitcoin price recovers 11% from the week's lows as one trader targets $21,700 next.
With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some ...
If Solend is unable to take over the account, some believe that it could cause a meltdown, driving Solana’s price to zero.
DeFi has seen more trouble as Solend swoops in to crack whale wallets.