Today, March 5, 2025, Uniswap (UNI) has registered an 8% price gain. However, it appears bearish and is poised for a decline, potentially due to a crypto whale dumping UNI tokens.
Whale Dump $40.60 Million Worth of UNI Tokens
Today, blockchain-based transaction tracker Lookonchain posted on X (formerly Twitter) that a prominent crypto whale, Galaxy Digital, deposited 600K UNI tokens worth $4.37 million onto Binance, the world’s largest cryptocurrency exchange.
Galaxy Digital deposited another 600K $UNI($4.37M) to #Binance and #OKX 30 minutes ago.
However, the main concern driving fears of a price drop is that Galaxy has already deposited a significant 5.29 million UNI tokens worth $40.60 million on Binance and OKX over the past week.
Current Price Momentum
With all this, the asset is trading near $7.37, gaining 8% in the past 24 hours. However, during the same period, its trading volume dropped by 35%, indicating lower participation from traders and investors compared to the previous day. This decline was potentially caused by the sell-off and ongoing price fluctuations.
Uniswap (UNI) Price Action and Upcoming Levels
According to expert technical analysis, UNI appears bearish as it is already trading below the crucial support level of $8. With recent price fluctuations, it has retested this level and seems to be consolidating. Based on recent price action and historical patterns, if UNI fails to climb above the $8 level, it could drop by 25% to reach $5.50 in the coming days.
Source: Trading View
As of now, the asset is trading below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating a bearish trend. This technical indicator helps traders and investors determine whether the asset is in an uptrend or downtrend, allowing them to build their positions accordingly, either on the long or short side.
This ongoing dump by Galaxy Digital has the potential to increase selling pressure, further reinforcing the bearish outlook.
An unexpected surge in selling pressure resulted in the broader crypto market turmoil, including an XRP price crash. The crypto assets were making significant gains hours earlier, with the Bitcoin price rallying to $107k. However, the shift in investors’ sentiments resulted in this sudden decline, bringing $3.27M in liquidation for the Ripple token in just one hour. Let’s discuss. XRP Price Crash Results in $3.27M Long Liquidations The Ripple token has witnessed an exceptionally serious liquidation event, losing $3.27M in long positions with the XRP price decline. Interestingly, this rate is 36,283% higher than the short positions, revealing that bullish traders were massively affected. Besides, only $9,040 worth of shorts were liquidated in this period, whereas $3.27M were in the long, per CoinGlass reports. This is because short traders actually bet on the price decline, so they avoided liquidation and instead profited from the dip. Experts showed concerns about this… Read More at Coingape.com
As a meme coin, SHIB used the humour and viral nature of dog-themed coins to its advantage, along with influencer endorsements and social media hype. However, with the maturity of the crypto market and investors analyzing their portfolios, many high-net-worth individuals and institutional players are starting to question the long-term sustainability value of Shiba Inu. This token is being added to the list of cryptocurrencies with the rise of more innovative and practical projects, such as Rexas Finance (RXS). Let’s examine why multi-millionaire investors shift their focus from SHIB to Rexas Finance.
Reason 1: Shiba Inu’s Lack of Real Utility
Rexas Finance is gaining attention in Inu’s fall from grace due to Shiba Inu’s lack of real utility. In addition, Shiba Inu has to face accusations of having too many reward tokens. Rexas Finance served as a backup currency to Shiba Inu for a while. Shiba Inu was taken less seriously when it gained more memes and attention. Shiba Inu has achieved attention but cannot offer tangible long-term value.
Unlike other companies, Rexas Finance has stepped forward to capitalize on new market gaps by implementing a highly revolutionary model – tokenizing tangible assets. Rexas Finance is overcoming a massive barrier in the market by enabling investors to possess tokenized representations of tangible assets, which include, but are not limited to, real estate, luxuries, and commodities.
The concept of tokenization can transform old-age industries by introducing new dimensions of liquidity and fractionalized ownership of economically significant valuables previously deemed uneconomical to invest in by the general public. Institutional investors and rich investors are heeding the appeal of more utility-driven projects. Rexas Finance’s tokenization brings traditional assets into the realm of blockchain, which enables the possibility of embracing digitized assets with real-world characteristics. High-net-worth individuals have high hopes for this innovative financing, which is a much more appealing choice than investing in Shiba Inu.
Reason 2: How the Market Instability and Opacity of Meme Coins Impacts Investment Decisions
Volatility and lack of clarity within meme coins is another reason why Shiba Inu is losing popularity among millionaire investors. Mimetic currencies such as SHIB are prone to abrupt price changes that are oftentimes more influenced by social media hype, celebrity speculation, and value-less purchases instead of any efforts or technological development. Even though such things can help investors make a lot of money very quickly, the uncertainty makes these coins very risky for anyone who wants to make a profit over a longer, more extended in a stable economy.
On the contrary, Rexas Finance concentrates on real-world assets to provide a more secure and stable investment model. Using blockchain technology to represent tangible assets, Rexas Finance tokens cannot be separated from real-world economic factors. For investors needing more predictability and stability, the model Rexas Finance provides secures them in ways that meme coins like Shiba Inu cannot. Rexas Finance has an exceptional edge due to its ability to tokenize assets.
It steps away from the volatile pricing of meme coins and builds value based on the actual performance of physical assets. Meme coins are surrounded by speculative bubbles, which exhaust investors, leading them to shift their focus toward Rexas Finance’s more substantial and viable long-term projects.
Rexas Finance (RXS): A Viable Alternative For Wealthy Investors
Rexas Finance is emerging as a cryptocurrency to watch as millionaires look for intelligent, long-term investments. Asset tokenization is more than just speculation; is an innovation in creating efficient, safe, and transparent markets. This singular characteristic places Rexas Finance well above meme coins, which lack sustainability and a definable purpose.
Rexas Finance has also backed its revolutionary approach to blockchain with meticulous tokenomics and a well-defined plan. The presale of RXS has already raised over 47.5 million dollars, indicating investor support. With the token currently priced at 20 cents during the presale phase and expected to list at 25 cents on June 19, 2025, Rexas Finance highly appeals to investors focused on both short—and long-term returns. Investors who purchase early may benefit from what will become a transformative change in the financial sector.
Rexas plans to position itself as a frontrunner in asset-backed cryptocurrencies. The power to buy functional assets through their tokenized versions could transform trillions of invaluable assets into untapped value.
Conclusion
By 2025, we observe that millionaire investors no longer find speculative investments appealing. While Shiba Inu fails to showcase its enduring value, Rexas Finance presents a striking, innovative substitute poised to transform the cryptocurrency and traditional financial markets. Rexas Finance is tackling the problem of fractional ownership and liquidity by focusing on real-world asset tokenization, creating an opportunity for early investors to reap substantial benefits.
Rexas Finance is the best choice when looking to move beyond meme coins, providing the chance to diversify portfolios. It’s the best option due to its utility and transparency, and it boasts potential value in the ever-growing cryptocurrency space, proving it is ideal for investors hoping to establish a commanding position in the future.
For more information about Rexas Finance (RXS) visit the links below:
The post 2 Reasons Millionaire Investors Are Changing Their Minds About Buying Shiba Inu in 2025 And the Token They Prefer Instead appeared first on Coinpedia Fintech News
As a meme coin, SHIB used the humour and viral nature of dog-themed coins to its advantage, along with influencer endorsements and social media hype. However, with the maturity of the crypto market and investors analyzing their portfolios, many high-net-worth individuals and institutional players are starting to question the long-term sustainability value of Shiba Inu. …
XRP recently saw a sharp price dip to $2.15, triggering massive liquidations worth $13.9 million in long positions, compared to just $1.49 million in shorts, a nearly 1000% imbalance. This shows that most traders were betting on the price going up. When it didn’t, many positions were wiped out, pushing the price down further.
However, XRP has bounced back to $2.20, a key support level, and some traders believe this was just a shakeout before the next big move. Crypto analyst John Squire agrees and says XRP isn’t dead — it’s just loading.
XRP Has Been Building for Years
XRP isn’t a new token riding the latest hype. It has been in development for over a decade. Ripple, the company behind XRP, has built a global payment network, RippleNet, which is active in over 55 countries. It’s already being used by more than 350 financial institutions, including major names like SBI, Tranglo, and Santander. This isn’t about plans, it’s happening now.
A Win in Court and Legal Clarity Ahead
One of XRP’s biggest moments was its legal battle with the U.S. Securities and Exchange Commission (SEC), which started in December 2020. Ripple scored a partial win in July 2023, and the SEC recently paused its appeal, which could lead to full legal clarity soon. If that happens, XRP could become one of the few major cryptocurrencies fully cleared to work with U.S. banks.
While many call XRP “dead” because of its slow price movement, Squire says this is often when smart investors quietly buy in. Technical indicators show XRP is holding steady with support around $2.00 and a chance to turn bullish if it breaks $2.30. For now, XRP may be quiet, but it might just be getting ready to roar.
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The post XRP Isn’t Dead — It’s Loading! Here’s Why Analysts Say XRP Price Rally Is Coming appeared first on Coinpedia Fintech News
XRP recently saw a sharp price dip to $2.15, triggering massive liquidations worth $13.9 million in long positions, compared to just $1.49 million in shorts, a nearly 1000% imbalance. This shows that most traders were betting on the price going up. When it didn’t, many positions were wiped out, pushing the price down further. However, …
