Whale Alert, a known crypto tracking account, revealed on X three large transfers involving Dogecoin. The total transfers were for 312,375,048 DOGE, worth approximately $60 million, which were done in three transfers at equal amounts. The Whale Dogecoin Transfers to Coinbase The coins were sent to Coinbase, a leading cryptocurrency exchange, after previously being in unknown wallets. This kind of activity often catches the eye of investors. It shows that large holders, often called “whales,” are shifting their Dogecoin around. The first transfer was reported at 8:40 PM WAT. Within the same hour, two more identical transfers followed. Each post by Whale Alert included a link to the transaction details. Seeing such large amounts move to Coinbase might mean someone is preparing to sell their holdings. Such whale movements are not unique to Dogecoin. Recent ecosystem trends like institutional Bitcoin acquisitions show how large holders actively reshape market dynamics. DOGE… Read More at Coingape.com
The SIGN airdrop is coming up with SIGN protocol’s native token launch this April. The team has already revealed the eligibility criteria, allocation, and exchange listing, building hype among crypto investors. The anticipation for the SIGN token and the potential price at launch are also rising. Let’s discuss the key details of the airdrop and what to expect.
SIGN Airdrop Listing, Tokenomics & More
According to the official SIGN protocol announcement, the airdrop and the token launch are set to happen on April 28, 2025. The token will have a total supply of 10 billion, but the circulation supply will be only 12% of that.
The minting will take place on the Ethereum mainnet, whereas the distribution will happen through BNB and Base chain. This would ensure accessibility and cross-chain compatibility.
The tokenomics details reveal that 40% of the SIGN token is allocated to the community. Out of which 10% is for the TGE airdrop, making it one of the best crypto airdrops in April. The remaining 30% is for future rewards and unlocks.
The remaining 60% of the supply is allocated for backers (20%), early team members (10%), foundation (10%), and ecosystem (10%). The airdrop allocation and the Binance SIGN exchange listing are raising investors’ anticipation around the potential SIGN token price at launch.
SIGN Token Price Prediction: What Will be the Launch Price?
The SIGN token is getting listed on various popular crypto exchanges, including Binance, Bybit, and many others. This is important as this would influence the SIGN token price, as the listing on top exchanges builds credibility and visibility.
Notably, the team has not declared a launch price. However, experts claim that the price should be near $0.02 based on exchange listing, supply, and other airdrop records. ZORA airdrop went live recently and had a listing price in this range, and the same is true for many others.
More importantly, this is just an estimation, and the price could vary significantly. Interested users must await further updates on the SIGN airdrop.
Bitcoin has made it to the center stage of the crypto market again, not just for its price hovering around the all-time high, but also for the strategic moves happening behind the scenes. Strategy recently purchased 4,020 BTC at an estimated cost of $427 million, fueling speculation about a potential leg up. However, the market seems divided by views. While price holds above $109k, investors are now eyeing the on-chain trends, liquidation data, and whale moves for clues on the next move.
Smart Money vs. Retail Money?
Recent insights from Glassnode reveal a crucial shift, where the greater than 10k BTC cohort (the market’s largest players) have moved into a net distribution zone with a score around 0.3. This is an obvious reversal from earlier in the year, when whales were leading accumulation during price rallies.
Other cohorts like the 1k to 10k holders and the 100 to 1k BTC holders are also slowing down. While wallets with 10 to 100 BTC and sub-1 BTC continue their shopping spree. Further suggesting that leadership is moving downward on the wallet-size curve. This implies that the retail is buying the dip, while whales may be booking profits or analysing an incoming volatility.
What Does the Liquidation Heat Map Say?
The liquidation map by Kingfisher gives another layer of insight. With Bitcoin currently priced around $109k, there’s a significant buildup of long liquidation just below the $109k, $108.5k, and $107k mark. This indicates a potential liquidity grab to the downside that could be in the works, which could be driven by leveraged long positions at a risk of being wiped out.
It is to note that, above the present BTC price, short liquidation levels seem to be weak, indicating less momentum for an upward squeeze. Correlating this with the distribution by large holders paints a picture where short-term downside volatility is not just possible, but is statistically favored. However, it is worth citing that such moves often reset leverage and provide stronger bases for continuation.
Bitcoin (BTC) Price Analysis:
Bitcoin price today is down 0.40% at $109,222.37, but still holding a 3.37% gain over the past week. The market cap sits at $2.17 trillion, slightly lower day-over-day, while 24-hour trading volume surged to $50.45 billion. The price ranged between $107,609.56 and $110,376.88, showing short-term volatility. We can expect a pullback before the next ATH, which could be around $113k.
The Bitcoin price today is down a negligible 0.40% to $109,222.37, however, the trading volume is up 5.77% with an inflow of $50.45 billion.
2. What levels should investors watch?
The key levels to watch are $107k–$109k, if BTC dips here, strong reactions could occur from liquidation-driven volatility.
The post Whales Selling, Retail Buying: Is Bitcoin Price at $109k on Crossroads? appeared first on Coinpedia Fintech News
Bitcoin has made it to the center stage of the crypto market again, not just for its price hovering around the all-time high, but also for the strategic moves happening behind the scenes. Strategy recently purchased 4,020 BTC at an estimated cost of $427 million, fueling speculation about a potential leg up. However, the market …
Coinbase Prime, the institutional arm of the popular cryptocurrency exchange, has announced it will end custody support for 49 altcoins by the end of this month.
The move will affect a range of lesser-known tokens. These include assets associated with niche blockchain projects and even real estate-related tokens.
49 Altcoins Lose Custody Support on Coinbase Prime
“We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month,” the post read.
The impacted tokens include BOSAGORA (BOA), 0chain (ZCN), pNetwork (PNT), Telcoin (TEL), and Oraichain Token (ORAI). The list also mentioned Sentinel Protocol (UPP), Cellframe (CELL), Ideaology (IDEA), and RioDeFi (RFUEL), which cater to different use cases within the blockchain ecosystem.
Even real estate and investment-related assets were impacted. 1717 Bissonnet (1717), The Edison (EDSN), Draper Garland Apartments (GFDG), Forest Crossing Apartments (GFFC), Hello Albemarle (HLAB), etc were some of the mentioned tokens.
While some of the featured tokens saw modest declines, others remained unaffected. In addition, PNT, ORAI, IDEA, and TEL have apprecaited in price over the past day.
Nevertheless, the latest decision to remove these assets suggests that the platform is reassessing its offerings. Coinbase has not disclosed specific reasons for removing these particular assets.
Still, the move could be linked to factors such as low liquidity, market activity, or failure to meet institutional-grade compliance standards. For institutional clients using Coinbase Prime, this change means they will need to transfer or liquidate their holdings before the end of April 2025.
According to its website, Coinbase Prime currently supports over 430 assets. Thus, the shift represents a relatively small adjustment in the broader offering.
However, broader market conditions have negatively impacted the exchange. BeInCrypto reported that Coinbase’s stock experienced a 30% dip in Q1 2025. Moreover, the period marked the company’s worst quarter since the defunct cryptocurrency exchange FTX collapsed.
As Coinbase moves forward in a volatile cryptocurrency market, this decision to delist certain assets seems to be part of a larger strategy to concentrate on more liquid tokens and better serve the needs of institutional clients.
