Global #whale activity

Avalanche (AVAX), the popular layer-1 blockchain platform, has been experiencing a period of volatility. Recent data suggests that a significant number of whales, or large-scale holders, are exiting their positions, potentially driving the price down to $11.

Since the arrest of Telegram’s CEO Pavel Durov on August 24, Notcoin (NOT) has experienced a sharp decline in its market value.

According to X user Ali Martinez, Ripple whales have been on a buying spree, acquiring over 50 million XRP tokens in the past 24 hours. This represents a significant investment of approximately $30 million.

In the past two weeks, the cryptocurrency market has been marked by significant volatility, yet Litecoin (LTC) has managed to carve out a distinct trajectory.

Dogecoin (DOGE) has experienced a 16% price drop over the past month, currently trading at $0.10. Analysts are pointing to a significant decline in activity from large investors, often referred to as "whales," as a primary culprit.

Bitcoin (BTC) is currently experiencing a period of consolidation, forming a bull flag pattern on the daily chart. While prices have stabilized and recovered from recent weaknesses, BTC remains down 8% from last week’s highs and is navigating a fragile position in the market.