Crypto Whales keeping an eye on these 3 coins

The current crypto market is experiencing a notable shift as crypto whales, or entities with significant token holdings, are actively purchasing Bitcoin (BTC) at lower prices. Amid the crypto market’s fluctuations, savvy investors are seizing the opportunity to snap up Bitcoin at a discount, capitalizing on its recent dip below $40,000 following regulatory changes in the U.S. spot ETFs on January 11, according to CoinDesk data. Crypto heavy-hitters are really zeroing in on Bitfinex, a major player among the world’s top exchanges by how much trading they see. Over the past weekend, Bitcoin traded at a premium of $100 on Bitfinex compared to the global average price, indicating a strong interest from these large-scale buyers.

This buying spree is characterized by the use of TWAP (trade-weighted average price), an algorithmic strategy that helps in executing large orders over time to minimize slippage. The premium on Bitfinex remained high, around $70, which is significantly more than other exchanges like Coinbase and BNB. The demand for Bitcoin is also reflected in the increasing number of open BTC/USD longs, or bullish leveraged bets, which have surged nearly 8% to over 73,000 contracts in one week. Amidst this market movement, cryptocurrencies such as Aptos (APT), Optimism (OP), and Dai (DAI) are also gaining attention from crypto whales, indicating a broader interest in these specific coins.

Ride The Wave Of Innovation With ScapesMania

As the ScapesMania presale nears its completion in February, the team is working hard to secure a quick listing on popular exchange platforms. There is a good probability that the token’s value will increase exponentially after the listing.

The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry.

Moreover, the token’s utility is impressive. It’s not another meme coin whose success relies heavily on trends and hype. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a

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Author: Crypto Daily

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