At BlockOpulent.com, we’re not just covering crypto—we’re breaking it down. This is because when a Bitcoin whale awakens from a two-year hibernation, it impacts the entire market. Most recently, one such event took place, inspiring excitement and speculation among traders and analysts. A Bitcoin whale, dormant for over 14 years,...
The cryptomarkets are notorious for the glamour of sudden wealth and the tragedy of complete ruin. Though most traders pursue short-term profits from day to day, a much more formidable strategy—long-term holding, or “HODLing”, has had stunting effects that are surprising for others. One such example is an early Ethereum...
Ethereum, the second largest cryptocurrency by market cap, made headlines recently after its price skyrocketed. This unusual volatility has led to equally unusual reactions among investors and analysts. Among all these movements, the behavior of Ethereum whales—entities that hold large amounts of ETH—represents a very interesting development. Most indicators seem...
Ethereum was trading at $2,508 on June 14 and was down 0.88% in the past 24 hours. Nonetheless, in spite of this slump, Ethereum has largely held above the key $2,500 support level. The asset held very steady during that time frame, despite pulling back from local tops around $2,870.According...
Let’s not mince words, the story being told about Ethereum HODLers is quickly approaching Sand Hill Road PR levels of disingenuity. Instead we’re told they’re the vanguard of a decentralized future, sitting there waiting for the bus, building a better tomorrow. But is that really what's happening? Or instead, are...
