0xScope Newsletter #35: How Whales Moved in $SHIB Rally
0xScope Newsletter #35: How Whales Moved in $SHIB Rally
Also: Learn how to use AI to execute Trend Trading and Copy Trading, see the most profitable Smart Money tokens, and more.
Research
Scoped on Scopescan: Whales’ Moves on $SHIB Amid Rally
Shiba Inu ($SHIB) went up by as much as 315% this week, prompting the following whale moves:
A whale transferred 365.36B $SHIB ($7.3M) to Binance after accumulating 3 months ago.
Six addresses withdrew 428B $SHIB ($10M) from Coinbase.
Maker co-founder Rune Christensen sold 150K $LDO for $488K and 8B $SHIB for $244K, then spent 1.3M $USDC to buy 619 $MKR.
Here are other notable whale transactions this past week:
Vitalik Buterin swapped 27.63 $ETH for 100K $USDC through
CoW Swap.
0xBEd1 made the transition from Blast's early access to its mainnet, depositing 3,272 $ETH ($11.3M) to Blast.
Don’t miss out on the latest whale movements. Sign up for Scopescan here.
PEPE's $5M profit haul highlights meme coin dominance
PEPE has become the top-earning crypto for Smart Money for two straight weeks ($9.8M in total profits), leading this week's meme coin-dominated list. Meanwhile, an AI project's L1 launch results in $3.9M worth of earnings. Read this article for more information.
Trend Trading and Copy Trading with AI
In Trend Trading, you make trading decisions based on current market narratives and trends. Meanwhile, with Copy Trading, you can mimic successful traders and get some of those gains yourself. Learn how to execute these trading strategies with the power of AI through these guides: Trend Trading | Copy Trading
On-chain Data
Crypto.com overtakes Kraken with 19.53% jump
This past week, all major crypto exchanges saw significant asset gains, led by Crypto.com’s huge $1.7B inflow, enough to overtake Deribit as the 5th biggest exchange by asset balance. Also recording double-digit gains: Kucoin with 12.31% and Bybit with 11.24%
Token cliff unlocks for DYDX, SUI soon
In the upcoming week, the biggest token unlocking is for $341.1M worth of $APT tokens on March 12, followed by $7.8M worth of $SWEAT tokens on March 13.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcements
Subscribe to Scopechat Pro
Scopechat Pro is our new membership system for a next-level AI-powered crypto trading experience. With Scopechat Pro, you can enjoy the following benefits for as little as $14/month for the annual plan!
Subscribe to Scopechat Pro today! Pay using your credit card or your Scopepoints.
Be the next 0xScope Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a 0xScope Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
Quick Bites
Bitcoin prices hit all-time high, soaring to nearly $69,000 - LINK
Spot Bitcoin ETFs set trading volume record amid BTC price high - LINK
El Salvador Bitcoin holdings cross $164M after new ATH, BTC profits add $53M - LINK
Tether’s USDT stablecoin hits historic $100B market cap - LINK
Pepe, Floki, Bonk and other meme coins record 3,000% surge in weekly volume - LINK