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Shiba Inu (SHIB) trades in the green over the past 24 hours with a modest 4% gain despite whale transactions on the network dropping by a staggering 84%. The sharp drop signals reduced activity from top holders and may suggest waning interest. As whales remain on the sidelines, what’s next for Shiba Inu price? Will
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Altcoin/BTC spot trading pairs were once considered a key channel for investors to increase their Bitcoin holdings. However, this perception is fading. Data indicates a decline in interest, with many Altcoin/BTC pairs delisted in early 2025.
Meanwhile, Altcoin/USDT spot pairs remain the primary avenue for traders seeking profits.
At the beginning of 2025, Binance removed several Altcoin/BTC spot pairs from its platform. Today, Binance announced the delisting of MDT/BTC, MLN/BTC, VIB/BTC, VIC/BTC, and XAI/BTC due to low liquidity and trading volume. This is not the first such announcement this year.
“To protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume,” Binance stated.
Since the start of the year, Binance has issued seven delisting announcements, affecting 34 spot trading pairs. Of these, 50% were Altcoin/BTC pairs, while the rest were Altcoin/ETH or Altcoin/BNB. Notably, the delisting of an Altcoin/BTC pair does not necessarily mean its corresponding Altcoin/USDT pair is removed (e.g., ENJ, C98, REZ).
This shift reflects traders’ preference for Altcoin/Stablecoin pairs, likely due to better liquidity and lower risk exposure.
CryptoQuant data shows that retail investors have been reducing their BTC holdings since Q4 2024, while large investors continue to accumulate.
“Retail is panic-selling. Whales are accumulating,” Investor Mister Crypto commented.
Since the approval of Bitcoin ETFs and the start of Trump’s new term, Bitcoin has become a playground for institutional investors. Retail traders seem less interested, as BTC’s high price is out of reach for many. Instead, they hold fewer BTC and allocate more capital to altcoins, particularly meme coins.
Furthermore, trading Altcoin/BTC pairs exposes traders to two risks simultaneously—the volatility of both altcoins and Bitcoin. Even the most liquid pairs, such as ETH/BTC and SOL/BTC, have shown prolonged downtrends and high volatility, increasing the risk of losses.
Market analysts also tend to focus on Altcoin/USDT spot pairs, leaving Altcoin/BTC pairs with less attention.
According to CoinMarketCap data, USDT’s daily trading volume exceeds $115 billion, out of a total market trading volume of $147 billion. This confirms that USDT remains the primary channel for traders seeking opportunities.
The post Binance Moves Away from Altcoin/BTC Pairs in 2025 – What Investors Need to Know appeared first on BeInCrypto.
In a bid to contain Zimbabwe’s escalating economic turmoil, the Reserve Bank of Zimbabwe (RBZ) has sharply devalued its gold-backed…
Solana’s price has recently dropped below the $125 support level, causing concern among investors and market watchers. The drop comes amid large transactions involving wallets linked to FTX and Alameda Research.
These moves are believed to be related to the ongoing liquidation of assets for creditor repayments. The timing of these transactions has led to increased bearish sentiment around Solana, adding to its recent price struggles.
On March 13, Solana price saw a sharp price pullback, falling by 5% on the day. This decline occurred after a major transfer of Solana tokens from Alameda Research. According to Arkham Intelligence, Alameda unstaked over $23 million worth of SOL, distributing the funds across 38 different addresses. This action followed earlier signs of a sell-off from FTX-linked wallets, fueling concerns about future pressure on the asset’s price.
ARKHAM ALERT: ALAMEDA ADDRESS JUST UNSTAKED $23M SOL TO 38 NEW ADDRESSES
An FTX/Alameda Staking address received $22.9M SOL from a staking address unlock and has just distributed these funds to 37 addresses that have previously received SOL from this address.
These addresses… pic.twitter.com/9eWuKAY4na
— Arkham (@arkham) March 12, 2025
The market reaction to these movements was swift with holders becoming wary of the additional supply of SOL entering the market, fearing that further unstaking could lead to more downward price action.
Arkham Intelligence pointed out that these wallets have already distributed large amounts of SOL tokens to various addresses, which could increase the available supply on exchanges. This growing sell pressure has created caution among potential buyers.
FTX’s involvement with Solana goes beyond the March 12 transaction. Since November 2023, FTX and its trading arm, Alameda Research, have unstaked roughly 8 million SOL tokens, valued at nearly $1 billion. Many of these tokens have already been sold through major exchanges like Coinbase and Binance, contributing to the downward trend in Solana’s price.
The most notable of these events occurred in early March when FTX unlocked over 3 million SOL tokens, worth approximately $432 million.
Despite some positive momentum in the broader market at the time, Solana’s price remained subdued. This lag in performance compared to other altcoins, such as XRP and ADA, has further underscored the pressure placed on Solana by the ongoing liquidation of assets tied to FTX.
As of now, SOL price is still under the influence of FTX’s ongoing liquidation process. Market participants are concerned about the 5.5 million SOL tokens, currently valued at around $693 million, that remain under the control of FTX and Alameda. These assets are still poised to be unstaked or sold, continuing the risk of additional downward pressure on Solana’s price.
Despite improving broader market conditions, such as the cooling inflation trend signaled by the latest U.S. CPI and PPI data, Solana’s potential for a price rebound appears limited.
As long as these assets remain in the hands of FTX and its affiliates, traders are hesitant to accumulate Solana, fearing further sell-offs. This overhang of potential selling may prevent Solana from regaining its upward momentum in the near term.
From a technical perspective, Solana’s price action remains under pressure. After briefly reclaiming the $131 mark , the SOL price faced a quick reversal as bearish sentiment took hold. The Solana price has since dipped below the $125 support, which is now viewed as a critical level for future price action.
Technical analysis indicates that if Solana price fails to maintain support at these levels, further downside may be expected. Some analysts point to an Elliott Wave pattern suggesting a potential reversal at around $112.
As per crypto analysts CryptoUB, this level at $127 has seen multiple rejections, suggesting it could serve as a critical point for both long and short trading strategies. “Above = longs, Below = shorts,” the analyst stated, highlighting that the price consolidation on the 4-hour chart aligns with the daily level, presenting a strong case for a short position.
In addition to these technical observations, another market participant, CW8900, mentioned that there is a prominent sell wall around the $180 price point for Solana, but a solid buy wall at the current price range offers support.
This setup implies that if Solana price manages to break through the falling wedge pattern and surpass the $180 sell wall, it could potentially revisit its previous high. However, until these technical levels are tested and confirmed, the bearish pressure from ongoing FTX liquidations will likely continue to weigh on the price.
The post Why Solana Price is Falling Suddenly? appeared first on CoinGape.
