USDC & USDT Take The Lead As Crypto Whales Deal With Stablecoins to Prevent Potential Losses. Here’s Our Update On Following The Whales

January 11, 2023

USDC shows a lot more activity compared to last week as it is now a net-sell at $497k.
Although no transaction is greater than $1 million, there is a small jump in activity. USDC and USDT (both stablecoins) are the top two coins.
Whales have continued to deal with stablecoins as a risk-off move to prevent potential losses. The ongoing market conditions have led crypto whales to avoid riskier assets.

In sum, we are now in the second week of 2023 and it looks like whales have continued to play it safe for now as they remain on the sidelines of the fluctuating market. It is important to keep up-to-date with whale activity because we may want to follow where they go.

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too.

You found this content helpful ?

1
Join our free weekly "Bubble Bulletin" for more
2
Join us on Discord for live chat and daily updates
3
Follow us on Twitter
4
Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

TAGS:

#whalewatch, crypto, Investing

April 19, 2023

USDC & USDT Take The Lead As Crypto Whales Deal With Stablecoins to Prevent Potential Losses. Here’s Our Update On Following The Whales

January 11, 2023

Bitcoin’s Price Drops By 3.12% In The Past 24 Hours

The AOTB CCA Strategy Exceeds Smart Money By 47%

Smart Money Is Down At Least 66% Since 2022; Our CCA Strategy Is Up By 58% YTD

MicroStrategy’s Michael Saylor Reaches Historic $40M Settlement in D.C. Tax Evasion Suit

How Rationally to Trade (Crypto) On Emotions

Whale Activity Declines On The Ethereum Blockchain Compared To Previous Weeks As Whales Rebalance USDC

NFT’s Lag Behind Crypto Rally: No Qualifying Buys for AOTB Portfolio

The Art of The Crash (With Bitcoin)

How Did Crypto.com “Accidentally” Send More Than 320,000 Ether To Rival Exchange Gate?

Grayscale’s XRP Trust: Paving the Way for Institutional Adoption and a Potential Spot ETF

Redefining the Middleman: Navigating the Role of Intermediaries in the Tokenized Blockchain Era

Polygon Labs and Fabric Unveil Revolutionary Cryptography Chip to Accelerate Blockchain Innovation

September 2024: A Pivotal Month for U.S. Crypto Regulation and DeFi Innovation

EigenLayer Unveils 86 Million Token Stakedrop as Restaking Protocols Face TVL Decline

Wire Network Unveils Open-Source, Gas-Free Blockchain for AI Economy

Crypto Heist: Hackers Move $230M in Stolen WazirX Funds Through Tornado Cash

Radix Cuts Workforce by 15% to Streamline Operations, Safeguard Key Projects, and Fuel Ecosystem Growth

OpenSea Faces SEC Enforcement Threat: A Pivotal Moment for NFT Regulation