Cryptocurrency

Arbitrum

Bitcoin

Rollbit Coin

The Graph

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 <p class="is-style-lead">Rollbit, Arbitrum, and The Graph bear the brunt of crypto market fluctuations as Bitcoin falls below $25k for the first time since June. </p> 
 <p>Cryptocurrency markets have seen a slight wave of volatility, as the overall market is down by 2.8% in the past 24 hours. Among the top losers were Rollbit Coin (RLB), Arbitrum (ARB), and The Graph (GRT).&nbsp;</p> 
 <p>Rollbit Coin (RLB) nosedived 18.5% within a day, currently trading at $0.1293 at the time of writing. Arbitrum is also down by 10% over the same time frame.<br><br>Indexing token The Graph (GRT) experienced a 7% decline. At the same time, the NFT-based token ApeCoin (APE) dropped by over 6.5%. A previous report revealed that 96% of APE holders are currently operating at a loss, encompassing over 130,000 addresses.&nbsp;</p> 
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 <h2 class="wp-block-heading" id="arbitrum-whales-are-selling-at-a-loss">Arbitrum whales are selling at a loss&nbsp;</h2> 
 <p>According to data from Arbiscan, three large transfers to Binance involving over 10.23 million ARB, valued at approximately $8 million, took place today.</p> 
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    <p lang="en" dir="ltr">Today, 3 whales transferred 10.23 million ARB (valued at US$8 million) to Binance, including 0xe972 transferred 3.8 million ARB to Binance and sold it at $0.77 for 1,812 ETH. It still holds 13.78 million ARB; vladilena2.eth transferred 3.63 million ARB to Binance, the price was…</p>— Wu Blockchain (@WuBlockchain) September 11, 2023 
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 <p>Data from Lookonchain revealed that one specific whale had previously purchased 3.64 million ARB for 2,000 ETH ($3.27 million) at an average price of $0.9 since Sept. 3. Today, the same investor deposited all of these ARB assets to Binance, incurring a loss of approximately $300,000. These movements suggest that whales might be losing confidence in the token.&nbsp;</p> 
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    <p lang="en" dir="ltr">This whale deposited all 3.64M $ARB($2.87M) to #Binance at a loss of ~300K 3 hours ago.https://t.co/8K9qAxsJWn pic.twitter.com/k4v8nSvgcl</p>— Lookonchain (@lookonchain) September 11, 2023 
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 </figure> 
 <h2 class="wp-block-heading" id="sidebar-bitcoin-s-brief-dip-below-25-000">Sidebar: Bitcoin’s brief dip below $25,000</h2> 
 <p>Amid these notable movements in the altcoin sphere, Bitcoin (BTC) — the leading cryptocurrency — also experienced a momentary setback. For the first time in three months, its price briefly fell below the $25,000 mark. </p> 
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  <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/12/e0bb20c89c28574fc9e5b20e3a690c43.webp" alt="Bitcoin" class="wp-image-14193640" style="width: 100%;height:360px" width="909" height="360"> 
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 <p>While it did not experience the drastic drops seen by the aforementioned altcoins, this temporary slide serves as another reminder of the market’s current condition.&nbsp;</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Whale mistakenly pays record $500k fee to move $1.9k BTC 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/rollbit-arbitrum-the-graph-lead-losses-bitcoin-dips-below-25-000-markets-tbt62341.html">https://thebittimes.com/rollbit-arbitrum-the-graph-lead-losses-bitcoin-dips-below-25-000-markets-tbt62341.html</a></p>

Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

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