Dogecoin has been among the top-traded tokens, which has been attracting enough liquidity, which has maintained the volatility. Meanwhile, the latest price action has remained stuck within a narrow range, hinting towards a drop in the bullish and bearish pressures. While the spot market remains uncertain, the whales seem to be confident of the upcoming price action as they continue to transfer huge amounts of DOGE but without impacting the DOGE price rally.
As per the data from a popular reporting platform, Whale Alert, an interesting transfer of over 478 million DOGE between two unknown wallets was reported. Another data from Santiment shows these whales have been on a selling spree since the first week of April. Despite the growing selling pressure over the token, the trade setup suggests the Dogecoin (DOGE) price is due for a major breakout, which may clear the path towards $0.2.
The short-term price action of Dogecoin suggests the token is stuck within a decisive symmetrical triangle and is ranging along the support to reach the edge of the consolidation. The Stochastic RSI has reached the upper threshold, while the bears are trying to trigger a bearish crossover. The historical pattern suggests that the RSI could remain around the upper threshold for a while, which may help the price to keep up the bullish momentum.
On the other hand, MACD has turned bullish after the selling pressure was outpowered by a notable increase in the buying pressure. With this, the Dogecoin (DOGE) price is expected to rise and test the resistance of the triangle. Meanwhile, the supporting volume has not yet registered, which may reduce the pace of the rally. However, a rise above $0.17 may validate a rise above bearish influence, and until then, the price is expected to remain consolidated within a narrow range.
Crypto trading, often associated with substantial volatility and risks, has created a new class of millionaires and billionaires who have made their fortune through strategic investments. While their success stories dominate headlines, the ways these individuals deploy their digital fortunes reveal a spectrum of ambition, extravagance, and eccentricity.
From extravagant art purchases that defy logic to massive investments in cars and real estate, these individuals are redefining what it means to spend big. Here’s a look at some of the ways crypto millionaires have splashed their digital cash.
Well, specifically, a banana duct-taped to a wall. He acquired the artwork, titled ‘Comedian’ by Italian artist Maurizio Cattelan, at a Sotheby’s auction in New York.
Originally purchased for 35 cents from Shah Alam, a 74-year-old Bangladeshi immigrant working near Sotheby’s, the banana’s value surged through Cattelan’s conceptual art.
Sun, whose net worth is $8.5 billion according to Forbes, didn’t just buy the piece for show. He later ate the banana during a press conference in Hong Kong.
“Many friends have asked me about the taste of the banana. To be honest, for a banana with such a back story, the taste is naturally different from an ordinary one,” Sun wrote on X.
Moreover, in March 2021, he purchased a Beeple non-fungible token (NFT) for $6 million. Later that year, in November 2021, Sun bought the Alberto Giacometti sculpture Le Nez at Sotheby’s for $78 million.
However, this acquisition became embroiled in a heated legal dispute. In February 2025, Sun sued media mogul David Geffen, alleging his former employee stole and sold the sculpture to Geffen for $65.5 million without his consent. Meanwhile, in April 2025, Geffen’s countersuit labeled Sun’s claims a “sham” tied to crypto market woes.
Sun’s spending extends beyond art. In December 2021, he outbid competitors by paying $28 million for a seat on Blue Origin’s first spaceflight, owned by Jeff Bezos. Despite winning the bid, which benefited space-related charities, scheduling conflicts prevented Sun from participating in the launch.
Carl Runefelt (Carl Moon)
Carl Runefelt, widely recognized by his online alias Carl Moon, is a Swedish crypto investor and social media influencer. He rose from being a supermarket cashier to a multi-millionaire crypto influencer in Dubai.
Runefelt publicly documents his millionaire crypto lifestyle, sharing it with his 1.5 million followers on X, around 245,000 followers on Instagram, and 360,000 subscribers on YouTube. His social media presence is dominated by displays of luxury, including hypercars, private jets, and high-end watches, making him a poster boy for the “crypto bro” lifestyle.
Among his notable acquisitions is a Bugatti Veyron, which he reportedly purchased for $2 million.
“I quit my supermarket job as a cashier back In November 2018. Now, 3 years later I’m driving a Bugatti Veyron in Dubai. What’s the next car I should buy?” Runefelt wrote in a 2022 post on Instagram.
In January 2024, Runefelt added a $300,000 G-Wagon to his car collection. In September that year, he splurged $800,000 on a Ferrari. Moreover, in February 2025, he expanded his car investments with four more Ferraris worth $4 million.
Runefelt also owns a custom $1 million Jacob & Co. watch and a $140,000 Patek Philippe Nautilus, among other expensive acquisitions. These purchases reflect his affluent lifestyle, fueled by his cryptocurrency success, and form part of his strategy to inspire followers through visible wealth.
Ed Craven
Ed Craven is an Australian billionaire and co-founder of Stake.com, a cryptocurrency-based online casino, and Kick, a live-streaming platform. He has a net worth of $2.4 billion, mainly from Stake’s success.
The platform, launched in 2017 with Bijan Tehrani, is now one of the world’s largest offshore crypto casinos. Notably, in 2025, Craven appeared on Forbes’ list of the youngest billionaires. He is one of only two self-made billionaires under 30.
Craven has used his cryptocurrency wealth for lavish yet smart purchases. He owns one of Australia’s most expensive homes on St George’s Road, Toorak, which he purchased for $80 million. He also bought a $38.5 million property on Orrong Road and owns multimillion-dollar homes in Southbank and Mount Macedon.
Craven’s spending also extends to sports. He committed $100 million to rename the Alfa Romeo Formula One team as the “Stake F1 Team Kick Sauber.”
While real estate dominates his portfolio, his sports investments highlight a strategic use of wealth to elevate personal and corporate prestige, aligning with his entrepreneurial vision.
The demand for Ethereum (ETH) has gone up through the roof in recent times, led by Wall Street corporations. After more than a year trailing Bitcoin (BTC) in net cash inflows, on-chain data analysis shows that long-term investors have favored Ether.
Ethereum Records Renewed Demand for Long-term Investors
For instance, the U.S. spot Ether ETFs, led by BlackRock’s ETHA, recorded the highest weekly cash inflow, of about $908 million, since their inception. As a result, the U.S. spot Ether ETFs extended their multi-week streak of cash inflows, whereby the cohorts have recorded over $2.7 billion in net cash inflows for the past four months.
The demand for Ether by corporations has also skyrocketed in the recent past. For instance, BitMine, a publicly traded company, announced on Monday that its Ether holding has surpassed $500 million. After closing a $250 million private placement, BitMine increased its ETH bath to 163,142 coins.
”We are pleased that we added significantly to our ETH treasury just 3 days after closing our private placement,” Jonathan Bates, CEO of BitMine, noted. “Clearly Wall Street is getting ‘ETH-pilled.”
Midterm Targets for ETH Price
After consolidating in a choppy mode for the past two months, Eth price recently broke out beyond $3k for the first time since January 2025. The large-cap altcoin, with a fully diluted valuation of about $363 billion, has since signaled bullish sentiment.
$ETH – Consolidate, form a new support, then higher. This is the most bullish way to go higher even though impatient people just want one giant candle. pic.twitter.com/qdr59RHXJV
From a technical analysis standpoint, Ether price is aiming for $3,400 next with the pathway towards $4k more clear. Furthermore, the weekly MACD indicator has flashed bullish sentiment after the MACD line recently crossed above the zero line amid increasing bullish histograms.
The post Wall Street Piles Up Ethereum: ETH Price Warms Up for $4k Next appeared first on Coinpedia Fintech News
The demand for Ethereum (ETH) has gone up through the roof in recent times, led by Wall Street corporations. After more than a year trailing Bitcoin (BTC) in net cash inflows, on-chain data analysis shows that long-term investors have favored Ether. Ethereum Records Renewed Demand for Long-term Investors For instance, the U.S. spot Ether ETFs, …
