A widely followed crypto analyst highlights whale activity around popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market decline.
In a new thread on social media platform .
“Cardano whales have purchased over 80 million ADA in the last 48 hours!
Cardano is trading at $1.14 at the time of writing, down 6.22% over the past 24 hours.
Moving on to the Dogecoin dog-themed meme asset, Martinez notes that whales holding between 10 million and 100 million DOGE purchased a staggering 210 million tokens during the digital asset’s latest correction earlier this week.
Dogecoin is trading at $0.402 at the time of writing, down 4.7% on the day.
When it comes to the leading crypto asset by market cap, Martinez says wealthy BTC investors are taking every dip as an opportunity to stock up.
“Bitcoin whales buy on every dive!” In fact, 342 wallets containing over 100 BTC were created as prices fell from $104,000 to $90,000.
The flagship digital asset is valued at $99,121 at the time of writing, down 1.2% over the past 24 hours.
Concluding with XRP, the digital asset associated with payment platform Ripple, Martinez notes that wallets holding between 1 and 10 million XRP have been gobbling up the asset during its latest declines.
“During the recent dip, whales purchased over 100 million XRP! »
XRP is trading at $2.43 at the time of writing, down 5% on the day.
Don’t miss a thing – Subscribe to receive email alerts straight to your inbox
Check Price Action
Follow us on XFacebook and Telegram
Surf the daily Hodl mix
& nbsp
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Image generated: halfway
