CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
NullTx 2025-01-09 06:41:18

Market Pullback After the New Year Holidays

The market has experienced a pullback as the New Year holidays come to a close. Major cryptocurrencies have seen significant declines, with Bitcoin currently trading at $95,000, down by 6%, and Ethereum dropping to $3,300, reflecting a 9% decrease. Notable Declines in Altcoins Some altcoins have been hit particularly hard in this market dip. $Ai16z has seen a substantial drop of 17%, alongside other tokens such as $HYPE and $ENA, which also fell by 17% and 16%, respectively. This market volatility has contributed to a notable uptick in liquidations, with a total of $631 million in long positions wiped out over the past 24 hours. Market Overview – Total Market Capitalization: $3.50 trillion, down 7.51% – 24-Hour Liquidations: $693 million, a dramatic increase of 253% – Fear & Greed Index: 70, indicating a state of “Greed” Market Overview The market has pulled back following the end of the New Year holidays. #Bitcoin is trading at $95K (-6%) and #Ethereum at $3.3K (-9%). Notable declines include $Ai16z (-17%), $HYPE (-17%) and $ENA (-16%). In the past 24 hours, $631M worth of long positions… pic.twitter.com/8rF89CRljG — CryptoRank.io (@CryptoRank_io) January 8, 2025 Whale Activity: $Ai16z and Other Holdings A prominent whale from the $Ai16z holdings (address: TOP7 Whale) made waves by selling 1.9 million $Ai16z tokens through the trumpet E9uDt…bY9cf address three hours ago. This sale was valued at approximately $3.67 million. In the past month, this whale opened a position worth 19.83 million $Ai16z tokens at an average price of $0.5057, investing over $10 million. Despite the recent sell-off, they still hold 17.43 million tokens, showing a floating profit of $23.04 million and a return of 260%. ai16z 持仓 TOP7 巨鲸通过小号 E9uDt…bY9cf 于三小时前卖出 190 万枚 ai16z,约 367 万美金 过去一个月内他以均价 $0.5057 建仓了 1983 万枚,投入超 1002 万美金!目前仍持有 1743 万枚,浮盈 2304 万美金,回报率 260% 此外他还持有 640 万美金 ZEREBRO(TOP7 持仓地址)和 236 万美金 $SONIC https://t.co/RuvqBKEBHI pic.twitter.com/LJDq3x2hiy — Ai 姨 (@ai_9684xtpa) January 8, 2025 Additionally, this whale also holds substantial positions in other assets, including $ZEREBRO, with 6.4 million USD worth, and $SONIC, with 2.36 million USD worth. This demonstrates how the market remains active, with both volatility and large investor activity continuing to shape the trends in the cryptocurrency space. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: skorzewiak/ 123RF // Image Effects by Colorcinch

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.