As the XRP vs Bitcoin debate heats up amid Trump’s crypto reserve plans, Ripple CTO David Schwartz sheds light on XRPL decentralization. In a bold statement, Schwartz stated, “XRP has no issuer.” Ripple CTO Clarifies XRPL Decentralization: Details In the latest development, Ripple Chief Technology Officer David Schwartz sheds new light on the decentralization aspects of the XRP Ledger. He stated that Brad Garlinghouse’s role as Ripple’s CEO doesn’t impact the decentralization of XRPL, highlighting the distinction between the company and the blockchain. Further, Schwartz added that XRP’s unique characteristic lies in its lack of an issuer, with all tokens created at the ledger’s inception. “Unlike most other blockchains, XRPL has no rivalrous features, so the ledger itself can’t really do the initial distribution beyond letting anyone who wants to take as much XRP as they want,” added the Ripple CTO. Notably, Schwartz’s comments came in response to UFC champion… Read More at Coingape.com
WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone.
Price eyes $1.50 next, with $1.00 as a key resistance to watch.
On-chain data shows rising Open Interest and whale activity fueling the rally.
Recent inflow hints at potential profit-taking; RSI indicates overbought conditions.
Analysts maintain a cautiously bullish outlook if support at $0.70–$0.85 holds.
Dogwifhat (WIF), the 4th largest Solana memecoin has surged 133% in the past month, climbing from ~$0.35 to ~$0.88 after breaking out of its $0.35–$0.50 accumulation zone in early April 2025.
A key catalyst was the April 14 whale purchase of 2.7M WIF (~$2.3M at $0.77), which sparked bullish momentum.
On-chain data from CoinGlass shows WIF Open Interest rising from ~$120M to $270M by May 9, while daily trading volume doubled from ~$400M to $900M. Whale outflows peaked at -$4.70M (April 28), confirming accumulation, with a recent +$2.83M inflow (May 9) hinting at profit-taking.
Traders now eye the $1.00 resistance, with potential to test $1.50 if momentum holds. Technicals highlight a bullish setup: WIF trades above its 50-day SMA, Bollinger Bands are expanding, and RSI (~78) flags possible short-term cooling.
For live Dogwifhat (WIF) price updates, technical analysis, and market trends, visitCoinpedia’s Dogwifhat page.
Dogwifhat (WIF) price has delivered a sharp 133% rally in the past month, reviving interest after a long period of consolidation. Historically, WIF/USD chart shows the coin skyrocketed to a year high of ~$4.85 in March 2024 but later declined, eventually setting a post-cycle low around $0.35.
From February to early April 2025, the WIF price formed a multi-month accumulation zone ($0.35–$0.50), with price action compressed within tight ranges. This was accompanied by flat Bollinger Bands, signalling low volatility and indecision.
WIF broke out of the accumulation phase in early April, pushing above the $0.70 resistance level. This breakout was supported by expanding Bollinger Bands, which confirmed a surge in volatility and renewed trend momentum. The price is now trading above its 50-day SMA, a classic signal of a trend reversal.
The Bollinger Bands continue to widen, with the price hugging the upper band—a hallmark of strong breakout moves.
However, with RSI pushing into the overbought zone (~78), traders should keep an eye on possible short-term consolidation or pullbacks before the next major leg higher.
Open Interest & Volume Surge: Bullish Conviction Strengthens
CoinGlass data paints a compelling picture of Dogwifhat’s on-chain strength during its breakout. The Open Interest chart shows WIF futures OI climbing from ~$120M in mid-April to over $270M by May 9, 2025, a +125% jump, confirming increasing leveraged positions.
The Volume chart highlights that daily trading volume doubled from around $400M in early April to over $900M by May 9, 2025, matching the price rally and indicating strong market depth.
The Spot Inflow/Outflow chart showed a critical net inflow of +$2.83M on May 9, 2025 (price ~$0.675), and a significant outflow of -$4.70M on April 28, 2025 (price ~$0.616), indicating whales and large traders were strategically accumulating and moving tokens out of exchanges—typically a bullish signal showing intent to hold.
WIF Trader Sentiment: Net Buying Trends and Holder Count Indicate Growing Dogwifhat Adoption
Dune Analytics charts offer further validation of this breakout’s strength. The Buys vs. Sells chart shows that on April 25, 2025, there were 1,397 net buy transactions while the price traded around $0.60, indicating a major wave of accumulation at breakout levels.
As of May 10, 2025, net buying remained solid with 473 net buys as the price hovered near $0.80, signaling ongoing trader confidence even at higher levels. The WIF Total Holders chart records a rise to 225,098 total holders, and the Holders vs.
Price chart confirms that while WIF price surged in April–May, the number of unique wallets stayed stable and even slightly increased—showing long-term holders are not exiting en masse but staying put, which supports price sustainability.
Is $1.50 Within Reach for WIF?
Dogwifhat’s 133% rally, fueled by a breakout above $0.70 and strong on-chain metrics—Open Interest rising from $120M to $270M and volume doubling—signals solid bullish momentum.
Whale outflows and net buying reinforce accumulation, but RSI (~78) warns of overbought conditions. As long as WIF holds $0.70–$0.85 support, a push toward $1.50 within the next 1–2 weeks remains likely.
Traders should watch for short-term pullbacks near $1.00 before any sustained breakout.
The post Dogwifhat (WIF) Eyes $1.50 After 133% Breakout: Can Bulls Maintain Momentum? appeared first on Coinpedia Fintech News
Key Highlights: WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone. Price eyes $1.50 next, with $1.00 as a key resistance to watch. On-chain data shows rising Open Interest and whale activity fueling the rally. Recent inflow hints at potential profit-taking; RSI indicates overbought conditions. Analysts maintain a cautiously bullish outlook …
The notorious “50x ETH” whale, who previously cost Hyperliquid $4M, is back in action—this time going all-in on Chainlink (LINK). Within the last 45 minutes, the trader deposited 2.875M USDC into Hyperliquid to open a LINK long position with 10x leverage.
Since February 7, this high-risk trader has pocketed $16.4M by flipping leveraged positions on ETH, BTC, HYPE, and YGG. Now, all eyes are on whether this LINK bet will deliver another payday or end in liquidation. However, his past trades have not only brought him massive profits but also raised concerns about the risks of extreme leverage on decentralized trading platforms.
On March 14, the whale opened long positions on LINK worth approximately $31 million using 10x leverage on Hyperliquid and GMX, two major perpetual trading platforms. On top of that, he accumulated around $12 million in spot LINK. However, on-chain data shows that he has been gradually selling portions of his LINK holdings back into stablecoins, possibly securing profits or adjusting his exposure.
The ETH Trade That Shook Hyperliquid
This comes just days after his massive $200 million ETH long position on March 12, which led to millions in losses for Hyperliquid’s liquidity providers. The trade resulted in a $4 million deficit for the platform’s liquidity pool but landed the trader $1.8 million in profits. Over the past month, his total earnings from Hyperliquid alone have soared to $17 million, according to Web3 analytics firm Lookonchain.
The incident highlighted the risks of leveraged trading, where traders can control huge positions with little capital. While some thought the whale exploited a loophole, Hyperliquid confirmed it was all within the rules—just an extreme case they hadn’t accounted for. To prevent future disruptions, the platform tightened its collateral requirements on March 13.
Hyperliquid’s Growing Dominance
Controversy aside, Hyperliquid continues to dominate decentralized derivatives trading. Since launching in 2024, it has taken 70% of the market, outpacing GMX and dYdX, as noted by VanEck. Adding to its momentum, the platform recently hit a major milestone of $1 trillion in lifetime trading volume, solidifying its spot among the top decentralized exchanges.
What’s Next for Chainlink?
Chainlink’s price has been all over the place. It shot up by over 150% after Trump won the election but has since dropped from nearly $30 in December to under $14 now. But with big traders like the ETH 50x whale jumping in, many are wondering if LINK is about to make another big move. Right now, it has a market value of $8.7 billion and is still an important player in the DeFi world.
The post Chainlink Price Prediction: Can the 50x ETH Whale Trigger a LINK Rally? appeared first on Coinpedia Fintech News
The notorious “50x ETH” whale, who previously cost Hyperliquid $4M, is back in action—this time going all-in on Chainlink (LINK). Within the last 45 minutes, the trader deposited 2.875M USDC into Hyperliquid to open a LINK long position with 10x leverage. Since February 7, this high-risk trader has pocketed $16.4M by flipping leveraged positions on …
