Category: Market Insights

Whale Withdraws $20.8M in SOL from Binance—Is a Price Surge Incoming?

A crypto whale moved $20.8M in SOL from Binance, sparking speculation. Traders are betting on $162.8 as strong support.


A crypto whale just made a major move, pulling 123,500 SOL (worth $20.8M) out of Binance, according to Lookonchain. Big transfers like this usually hint at accumulation, but so far, Solana’s price hasn’t popped—it’s still chilling around $172.

Solana recently dipped below its $180 support and is now under the 200 EMA, signaling a bearish trend. Right now, SOL is hovering between $160 and $180, and unless it breaks past $190, it might stay stuck. If it drops below $160, we could see another 20% crash to $120.

But not all are bearish. Data from Coinglass shows that traders have stacked $145M worth of long positions above $162.8, indicating that they are confident this level will resist. In the event that enough buyers come in, SOL could bounce back.

It’s a waiting game for now—will the whale’s shift trigger a rally, or do we have more dips ahead? Solana traders are crossing their fingers.

Also Read: Coinbase CEO Cautions: Memecoins Could Lead to Legal Trouble

Trump-Linked WLFI Buys 200M Tokens Amid Growing Crypto Reserves—What’s the Endgame?

WLFI, a Trump-affiliated crypto project, bought 200M tokens after withdrawing $10M USDC, stacking assets like Bitcoin and Ethereum.

A Trump’s World Liberty Financial (WLFI) multi-signature wallet recently purchased 200 million WLFI tokens after it pulled $10 million USDC from Binance on Feb. 18. This fresh update, covered by On-Chain Lens, adds fuel to the fire surrounding WLFI—a politically connected crypto project.

WLFI has been bringing in the big money, raising $455 million in token sales. The first sale raised $319 million, selling tokens at $0.015 per token, while the second round raised $136 million at $0.05 per token. Despite it having set itself up as a DeFi lending platform, WLFI has not yet launched any real DeFi services, leaving everyone questioning its real use case.

Observers think this isn’t just about crypto—it’s about leveraging Trump’s political power for financial gain. The Trump family controls 75% of token sales revenue, and Justin Sun (founder of TRON) has become the biggest institutional investor, putting in $75 million.

WLFI is stacking assets, holding $327M across various platforms, with big chunks in Bitcoin, Ethereum, and stablecoins. The latest move signals one thing—WLFI is building a massive war chest, but whether it’s for crypto dominance or something else remains to be seen.

Also Read: Hackers Impersonate Saudi Crown Prince, Launch Fake $KSA Memecoin

Solana Slips Under $170 as Memecoin Scams Shake Investor Confidence

Solana’s price dips below $170 due to dropping network activity, memecoin scams, and FTX token unlock—trust issues growing.



Yo, Solana’s price is plummeting, falling below $170, and everyone’s talking about it. The coin is down 9% today, at $167.57, and it’s not looking good. So, what’s happening?

Overall, network activity is declining. Not as many users are utilizing Solana for applications such as trading and DeFi initiatives, and when the network’s idle, the price goes down. Crypto analysts also pointed out that major holders are cashing out coins, with accounts holding more than 100 SOL decreasing by 2.24% in the recent past.

On top of that, Solana’s DEX volume is tanking by 24%, while Binance Smart Chain is thriving, with its DEX volume up nearly 50%.

But the real kicker? Memecoin scams. Solana’s had some sketchy memecoins recently, like the LIBRA token that crashed by 94%, leaving traders with huge losses. It turns out, the same wallets behind LIBRA were involved in the Melania Trump memecoin scam. Yeah, not a good look.

Investors are losing faith, and with $2.06 billion in SOL about to be unlocked from the FTX bankruptcy, things could get even worse. Solana’s in a tough spot right now, with FUD hitting hard.

Also Read: Geth Calls on Ethereum Validators to Upgrade to Latest Version for Network Stability

Is XRP Partnering with Elon Musk to Hit $600? Fact or Fiction?

An influencer hyped an XRP-Elon Musk partnership, claiming a $600 price surge, but there’s zero proof—just rumors and speculation.

Recently, the crypto world exploded with excitement over a tweet claiming that XRP was teaming up with Elon Musk. The tweet, from an influencer with nearly 30K followers, said Ripple’s CEO confirmed the partnership and hinted at a $600 price surge for XRP. The tweet also featured an image of “Binance Square,” making it seem even more legit. But before everyone starts investing their life savings, let’s break it down.

Here’s the thing: There’s no official confirmation from Elon Musk or Ripple about this so-called partnership. No press release, no statement, nothing. This isn’t the first time rumors like this have popped up, though. Back in 2021, people thought Musk’s beloved Dogecoin might outshine XRP. That didn’t pan out either.

Fast forward to today, and some users claim they saw a deleted tweet from Musk saying, “XRP is looking quite promising.” However, no one has proof, and AI tools like Grok have only confirmed that the tweet existed but was removed fast.

At the end of the day, all we have are rumors and speculation. So, while the idea of an Elon Musk-XRP collab sounds cool, there’s no solid evidence to back it up. Stay cautious.

Also Read: SEC to Evaluate NYSE’s Proposal for Grayscale’s Ethereum ETF Staking

Ethereum Stablecoin Market Expands by $1.1B in Just One Week

Ethereum gained $1.1B in stablecoins as gas fees dropped, while Solana lost $772M. Ethereum leads with $122.9B (54.63%) dominance.



Ethereum just made a big flex in the stablecoin world, adding a massive $1.1B in USDT and USDC in just a week, while Solana took a hit, losing $772M. On-chain analytics firm Lookonchain spotted the shift, showing Ethereum gaining traction again.

For a while, Solana had been snatching some of Ethereum’s thunder, thanks to ETH’s high gas fees and congestion. But things are changing. Ethereum’s gas fees have dropped, and major upgrades are making it more efficient, bringing users and liquidity back. That’s why stablecoin supply on Ethereum is pumping again—it’s reclaiming its OG status as the top smart contract blockchain.
At the same time, Solana experienced a stablecoin supply decline of approximately $780M. The cause isn’t 100% certain, but it may be attributed to performance issues and changing user tastes. Funds may be transferring elsewhere as crypto investors seek more favorable opportunities.


According to DefiLlama, Ethereum dominates the stablecoin market with $122.9B in supply (54.63% market share), and Solana comes in second with a mere $11.58B (5.15%). These market fluctuations demonstrate yet again how quickly the crypto universe is evolving. One day a chain is on fire, the next it’s drying up. The only thing that doesn’t change? Change.

Also Read: Nayib Bukele and Michael Saylor Meet in El Salvador, Discuss Bitcoin’s Future

Nayib Bukele and Michael Saylor Meet in El Salvador, Discuss Bitcoin’s Future

Summary: El Salvador’s President Nayib Bukele met with MicroStrategy’s Michael Saylor at the presidential palace. While details of their discussion remain private, both are known Bitcoin advocates. Their meeting coincides with El Salvador adding another Bitcoin to its reserves, now totaling 6,077 BTC.

El Salvador President Nayib Bukele received MicroStrategy co-founder Michael Saylor for a meeting at the presidential palace on Tuesday. The country’s National Bitcoin Office confirmed the visit, but did not offer details. Both of them being Bitcoin enthusiasts, discussion was likely centered on worldwide acceptance, regulations, and investment strategies.

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Both Saylor and Bukele posted pictures of their conversation, with Saylor hinting that El Salvador could be a force pushing forward the acceleration of Bitcoin adoption worldwide. The timing of their meeting is interesting, coming as it does after El Salvador just bought another Bitcoin to join its national reserves, its holdings now totaling 6,077 BTC—equivalent to about $590 million at present prices. In turn, MicroStrategy has also increased its holdings, purchasing 7,633 BTC and adding up to 478,740 BTC, which is more than $46 billion. Despite its pro-Bitcoin policy, El Salvador had to compromise on some policies in order to qualify for a $1.4 billion loan from the International Monetary Fund (IMF), which warned against monetary risks tied to the country’s crypto approach. Under these restrictions, the discussion between Bukele and Saylor might have included regulation problems, investment opportunities, and Bitcoin payment possibilities in El Salvador.

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Argentina’s $LIBRA Crypto Controversy: The Winners and Losers Revealed

Argentina’s president backed $LIBRA crypto, but after a huge pump and “rug pull,” many investors lost millions.



Argentina President Javier Milei created quite the storm when he posted his support for a new crypto token, $LIBRA. But things went horribly wrong when the token’s price pumped hundreds of percent in a few hours. Milei then deleted his tweet and disassociated himself with the project, stating that he was unaware of the project details when he first posted.

Meanwhile, the devs of $LIBRA made bank, reportedly earning over $107 million from its liquidity pool. Blockchain records show that 8 wallets belonging to the LIBRA project earned the most, making enormous sums by adding and removing liquidity. The funds involved millions of USDC and SOL.

But there was bad news too. All but a few of the investors were destroyed, and some lost millions. A crypto trader claimed that one person lost over $5 million by investing in LIBRA. This is referred to by some as the largest “rug pull” in cryptocurrency history, and over $4.4 billion was drained from the market.

And now the token has fallen again below $0.30, with retail investors suffering huge losses. Milei has flatly denied any involvement in the project, denouncing politicians attempting to capitalize on the scandal.

Also Read: Crypto Market Update (Feb 14, 2025): Bitcoin Stagnates, Telcoin Surges

XRP Eyes $8 Amid Growing ETF Approval Speculation

XRP price climbs amid ETF approval speculation, with analysts predicting $8 if approved, despite risks of potential corrections.



XRP’s price has been on a really steady rise lately, boosted by its partial legal victory over the SEC. With the hope of a potential ETF approval, the price could surge even higher. Analysts are speculating that if XRP gets its own spot ETF, the price could hit $8, though that’s still uncertain.

While February started off shaky, XRP has climbed 2% in the past 24 hours and is up 8% from its low point of $2.26 earlier this month. Traders are getting increasingly optimistic that the SEC might approve a spot XRP ETF, and everyone’s watching closely to see how this plays out.

The RSI (Relative Strength Index) is at 41.95, near the lower band, which could be a sign of a price bounce. Crypto analyst CoinsKid also suggests that XRP is showing signs of a bullish reversal, with a possible parabolic move to the $8 level.

But there is also the risk of a major correction if the tide turns. The chart analysis is showing that XRP might witness a reversal to lower levels of $0.82 or $0.38 if it doesn’t work out.

With expectation building around the hope of ETF approval, everyone is holding its breath for the SEC, with rumors hinting at the official announcement about to be made.

Also Read: CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

Crypto Market Update (Feb 14, 2025): Bitcoin Stagnates, Telcoin Surges

Bitcoin is fluctuating between $95K-$97K, while altcoins such as TEL (+26%), JUP, and KAS skyrocket. Crypto market cap reaches $3.12T.



Bitcoin has moved laterally over the last week in the $95K-$97K range, unable to take out the $100K level after it was unable to sustain above that level last week. While BTC holds firm, altcoins are on the move, with some appreciating by quite a bit.

Among the top performers, Telcoin (TEL) gained 26% after EU deposits and withdrawals were added. Other trending altcoins like JUP, KAS, and HYPE have also gained fantastic momentum over the past month. Meanwhile, XRP stunned the market with a 6% rise in 24 hours.

Ethereum and other major altcoins are in general taking hints from Bitcoin, maintaining their daily close levels. Total crypto market capitalization is $3.12 trillion, with the total trading volume decreased by 28% as Bitcoin is avoiding any major volatility.

Today’s most trending cryptos are TEL, BNB, TRUMP (Official Trump), NOT (Notcoin), and JUP. The top day gainers are TEL with a 26% gain, followed by JUP (+9.3%), KAS (+9%), WIF (+7%), and HYPE (+5%).

Since Bitcoin is yet to come out of its range, altcoins are looking good today, and it’s a good day for traders who are looking for breakout potential.

Also Read: OpenSea Launching $SEA Token and Expanding into Crypto Trading

Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

Summary: Breaking abruptly from its previous policy, the Ethereum Foundation (EF) has sent 45,000 ETH to the leading DeFi platforms. Rather than selling it outright, the action is meant to support the DeFi community without having any impact on Ethereum’s market stability.

The Ethereum Foundation has allocated 10,000 ETH to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound Finance. In total, this amounts to roughly $117.62 million based on today’s ETH price of $2,613.68.

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The decision comes following strong criticism from the community after the foundation sold 4,000 ETH straight out in January of this year. The majority grumbled that this sale would negatively impact the price of Ethereum and render the market unstable.

By putting money into DeFi early, EF is betting on decentralized finance and ongoing to gain a return without tampering with market volatility. This also helps the liquidity of protocols like Aave and Compound, which works to perpetuate the DeFi ecosystem.

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The move has been embraced by the Ethereum community because it is consistent with a model of sustainability of managing the treasury of the foundation. Instead of selling ETH in exchange for cash, EF is now effectively investing in the ecosystem that it founded, thus demonstrating its commitment to long-term Ethereum building and construction.

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