Cryptocurrency Markets Trade Higher Amid Surging Whale Transactions as Market Awaits the Ethereum ETF Approval
- PHPzOriginal
- 2024-07-18 10:48:11596browse
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Cryptocurrency markets saw a surge in activity on Monday, with prices rising sharply amid a surge in large whale transactions. The total cryptocurrency market capitalization surged 4.3% to reach $308.6 billion.
Bitcoin and Ethereum prices rose about 3% each, while XRP surged over 8%. Among the top gainers, Solana rallied over 5.5% after Cboe filed an application with the SEC to list 21Shares and VanEck spot ETFs.
Here's a look at the top gainers and losers among the top 75 cryptocurrencies over the past 24 hours.
Top Gainers
RankCoin24H Price Change
1XRP+8.36%
2Solana+5.54%
3Bitcoin+2.96%
4Ethereum+2.95%
5Cardano+2.16%
Top Losers
RankCoin24H Price Change
1Filecoin-3.16%
2Chainlink-2.36%
3Algorand-1.81%
4Polkadot-1.38%
5Shiba Inu-0.88%
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Whale Stats, a cryptocurrency tracking service, revealed that a large Ethereum whale, ranked 100th, moved 100,000 ETH, valued at about $280 million, from an unknown wallet to the Kraken exchange.
Whale Stats also reported that another top Ethereum whale, ranked 40th, sold 20,000 ETH, currently valued at about $56 million, to an unknown wallet.
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