Whale Moves 10% of GUSD Supply to Gemini Exchange
Whale Moves 10% of GUSD Supply to Gemini Exchange
馃悑 Whale's $6.6M Mystery Move
A significant whale movement has been detected in the Gemini Dollar (GUSD) market. The supply of GUSD on exchanges has increased from 48% to 62%, following a $6.6M transfer from a cold wallet to Gemini exchange - representing 10% of total GUSD supply.
Historical patterns suggest such stablecoin movements often precede major purchases of traditional cryptocurrencies like Bitcoin, Ethereum, or XRP. This could signal a potential market breakout, contingent on:
- Stable global economic conditions
- Controlled retail trading behavior
- Market sentiment remaining balanced
Track whale movements and exchange deposits via Santiment's free dashboard
馃捀 Gemini Dollar's level of supply on exchanges has skyrocketed from just under 48% to just over 62%, largely due to $6.6M worth of transfers around 7 hours ago from a whale, moving 10% of the entire $GUSD supply from a cold wallet to Gemini. Historically, stablecoin whale
Crypto Market Trends: Trump, GDP, and TOKEN2049 Dubai Take Center Stage
Three key trends are driving crypto markets: - **Trump Family & Crypto**: Eric Trump advocates for banks to embrace cryptocurrency, warning of extinction risks. Donald Trump's comments on economic policies and crypto continue to influence markets. - **US Economy Concerns**: Q1 2025 shows -0.3% GDP contraction, first negative reading in 3 years. Market participants debate impact of tariffs and government spending cuts on potential recession. - **TOKEN2049 Dubai**: Major crypto conference attracts 15,000+ attendees. Notable development includes Trump Tower Dubai accepting cryptocurrency payments for luxury properties. *Follow these developments at [SanR.App](https://sanr.app) for market insights.*
Bitcoin ETF Inflows Show Sustained Momentum with 7-Day Positive Streak
Bitcoin ETFs continue to demonstrate strong institutional appetite with seven consecutive days of positive net inflows. **BlackRock's IBIT leads** the momentum with $137 million in additional capital. Key points: - Sustained positive inflows across multiple ETF products - Bitcoin and altcoin markets showing parallel growth - Institutional investors maintaining steady capital deployment The trend suggests growing mainstream adoption of crypto investment vehicles, particularly through established financial institutions. [Read detailed analysis](https://insights.santiment.net/read/etf-inflows-fueling-the-rally-8646)
Top 10 Crypto Projects by Development Activity - April 2025
Latest rankings show significant shifts in blockchain development activity: - iEx.ec (RLC) maintains #1 position - Dfinity (ICP) and Chainlink (LINK) hold 2nd and 3rd spots - Notable movements: * Optimism (OP) climbs to #6 * DeepBook rises to #7 * Ethereum (ETH) advances to #9 Changes from February: - ICP dropped from 1st to 2nd - Hedera and Polkadot/Kusama exit top 10 - StarkNet stable at #4 [Learn more about Santiment's methodology](https://medium.com/santiment/a-different-look-into-blockchain-ecosystem-development-activity-f34f32180482)
Bitcoin Whales Accumulate While Retail Traders Exit
**Key Market Movements in February:** - 135 new wallets holding 100+ BTC have emerged - 138,680 smaller wallets (<100 BTC) have disappeared - Pattern shows large holders accumulating during market volatility **Historical Context:** Similar whale accumulation occurred in October 2024, with 297 new large wallets (+1.9%) appearing while smaller wallets decreased by 20,629 (-0.1%). This wealth transfer from retail to institutional holders typically precedes market growth, though timing remains uncertain.