Ethereum

Lido DAO

<ul><li>Whales offloading $LDO and $AAVE at losses signals bearish sentiment despite the upcoming ETH ETF launch.</li><li>Lido DAO&#39;s RSI is near oversold, and MACD hints at a bullish reversal, a potential buying opportunity amidst a price drop.</li><li>Aave&#39;s neutral RSI and bullish MACD indicate short-term positive momentum despite the recent price decline.</li></ul>In the past four hours, seven cryptocurrency wallets have collectively deposited $12.38 million worth of Lido DAO ($LDO) and Aave ($AAVE) tokens to Binance, registering significant losses. As per <a href="https://x.com/spotonchain/status/1808402064667824458" rel="noopener noreferrer nofollow">Spot On Chain data</a>, this substantial movement includes 4.44 million $LDO valued at $7.91 million and 49,771 $AAVE valued at $4.47 million.The estimated total loss from these transactions is around $3.34 million. This activity is notable as these tokens were accumulated during the <a href="https://cryptotale.org/ethereum-etf-hype-catalyzes-top-crypto-day-of-2024/" rel="noopener noreferrer nofollow">Ethereum ETF</a> approval hype in late May.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXevynjGjlbCwwbCGCNR-rGlYBV4wGZcIoub8BdGw8NX46gyfu_0uEojYoXdCyGkUy1ELfv9hI6X4nBpg-kBtKfQ0ICPneYbbQzRJZrZl639emjO77qg7oS8WX_rs0kGWbYtlJavsmWuRaprTISzr6bVHJg9?key&#61;k_mRfIDrqfvB9q_h0Q1Q7A" />The current market conditions for these tokens suggest a bearish sentiment among these whales. Despite the upcoming ETH ETF launch date, the large-scale unloading of $LDO and <a href="https://cryptotale.org/aaves-17-million-plan-to-transform-defi-with-v4-protocol-overhaul/" rel="noopener noreferrer nofollow">$AAVE</a> indicates a lack of confidence in the near-term price performance of these tokens. This bearish sentiment is further reflected in the recent price movements of both tokens.<a href="https://cryptotale.org/massive-3-34m-loss-as-whales-unload-ldo-and-aave-ahead-of-eth-etf-launch/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Massive $3.34M Loss as Whales Unload $LDO and $AAVE Ahead of ETH ETF Launch

CryptoTale

Inne artykuły opublikowane 4 lip 2024

Bitcoin Price Falls Below $58,000: When Can We Expect Market Growth? Opinion of ALTA - Blockchain...

Free Crypto Airdrops List 2024

GoMining News #1

A Nigerian Crypto Trader Integrity Story Trends as Trader’s Act Rekindles Trust in Digital Currency

Peter Schiff Names Next 'Critical' Bitcoin (BTC) Support

2024’s Best Crypto Presale Title Goes To BlockDAG Network After Stellar 1300% ROI; Eclipses XMR A...

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!