Spot

<p style="text-align: justify">It is a well-known fact that whale movements are closely monitored in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">market</a>. Every move raises questions about which cryptocurrency is being targeted. In a recent market development, a whale address with the code 0x034 deposited 30,024 TRB to <a href="https://en.coin-turk.com/binance-announces-listing-of-first-digital-usd-fdusd-stablecoin/" data-wpel-link="internal">Binance</a>. The value of the deposited altcoin is equivalent to $2,520,000.</p> 
<h2 style="text-align: justify" id="whale-movement-may-indicate-a-potential-drop-in-trb">Whale Movement May Indicate a Potential Drop in TRB</h2> 
<p style="text-align: justify">Spot On Chain X platform reports the latest move by the whale. It is emphasized that the whale still holds 28,435 TRB, worth $2,390,000, indicating a possible loss. Therefore, the whale is facing a loss of $251,000.</p> 
<p><img decoding="async" class="wp-image-276517 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/TRB-balinasi-cointurk.png" alt="trb balinasi cointurk" width="537" height="212"></p> 
<p style="text-align: justify">Last week, three whales transferred funds to Binance, causing a significant drop in the TRB price. The three whales moved a total of 250,697 TRB, worth $22,800,000, for the purpose of selling, resulting in a 35% drop in the TRB price. As of writing, the TRB price is experiencing a 3% decrease, trading at $83.48.</p> 
<h2 style="text-align: justify" id="whales-don-t-always-make-profit">Whales Don’t Always Make Profit</h2> 
<p style="text-align: justify">The possible loss of $251,000 for the whale is a sign that profit is not always guaranteed in the market. This situation also highlights the dynamic nature of cryptocurrency investments and the challenges associated with market fluctuations. Investors closely monitor price tags to make informed decisions.</p> 
<p><img decoding="async" class="aligncenter" src="https://public.bnbstatic.com/image/pgc/202310/257b91cb5a28b5310135d3b73d2c9235.jpg" alt="trb coin cointurk" width="1920" height="1080"></p> 
<p>&nbsp;</p> 
<p style="text-align: justify">At this point, potential price changes in the market lead to major movements. While large volume transactions continue to captivate investors, concerns arise when there are sell-offs. The overall picture shows that the exciting nature of the crypto market will never cease.</p> Continue Reading: <a href="https://en.coin-turk.com/whale-movement-in-the-crypto-market-critical-warning-for-investors/" data-wpel-link="internal">https://en.coin-turk.com/whale-movement-in-the-crypto-market-critical-warning-for-investors/</a>

Whale Movement in the Crypto Market: Critical Warning for Investors

Table of Contents

COINTURK NEWS

Other articles published on Nov 15, 2023

Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K

Animoca Brands is welcomed by Chiliz into the SportFi ecosystem.

Solana Price Prediction As DeFi TVL Surges To $557M, Bullish Signal To $100?

IMF Chief Highlights AI’s Crucial Role in Shaping the Development of CBDCs

Crypto wallet flaw can steal billions from early adopters, startup claims

MetaMask urges immediate update for mobile users after bug fix

Join our free newsletter for daily crypto updates!