OG Whale Is in the Dumping Mode? 😰

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRoncuaP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWFtZ3VnemhmN3dmZ1cDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 13 Aug 2024 11:40 UTC Crypto’s having mood swings again! 🙄 If you've been watching the charts lately, you might be feeling nauseated. One day, we're seeing green candles all around. The next? It's like someone pulled the plug on the whole crypto ecosystem. The entire Crypto Twitter is in the FUD mode, with Kamala’s odds of surging against Trump’s. But while prices are taking a dive, some whales are scooping up assets quietly. We have explained it all in our crypto [market analysis](~/AAQRxQA~/RgRoncuaP0TaaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2hhdC1oYXBwZW5lZC1pbi1jcnlwdG8tdG9kYXktYml0Y29pbnMtYWxyZWFkeS1oaXQtdGhlLWxvY2FsLWJvdHRvbS1tYXJrZXQtYW5hbHlzaXM_bGlkPWlrOHV5ZDNvb2ZpayM6fjp0ZXh0PWZ1bGwlMjBzdG9yeSEtLEFuZCUyMGElMjBRdWljayUyMEFuYWx5c2lzJUUyJTgwJUE2LC1PbmUlMjB3b3JkJTIwdG9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) yesterday! So, let’s discuss these events in detail and all the other big stories that happened in crypto in the past 24 hours. Here is a quick rundown of the top headlines we're gonna cover: - Bitcoin dips to $58K as institutions pause their Bitcoin purchases. Are they [losing faith](~/AAQRxQA~/RgRoncuaP0SDaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ib3VuY2VzLWJhY2stZnJvbS1kb2xsYXI1ODAwMC1hbWlkLXBhdXNlLWluLWluc3RpdHV0aW9uYWwtYnV5aW5nP2xpZD1zMGZjNzkxczU1dnJXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) in Bitcoin already?😐 - An Ethereum OG is dumping $154M worth of ETH. Is this the start of a [massive ETH dump](~/AAQRxQA~/RgRoncuaP0SDaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ib3VuY2VzLWJhY2stZnJvbS1kb2xsYXI1ODAwMC1hbWlkLXBhdXNlLWluLWluc3RpdHV0aW9uYWwtYnV5aW5nP2xpZD1lazB6dTg3Mnp5NzBXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)? 🏃‍♂️ - Kamala Harris is surging in the polls, freaking CT users. But is crypto really at the mercy of politics? What do experts [think](~/AAQRxQA~/RgRoncuaP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYmVybnN0ZWluLWthbWFsYS1oYXJyaXMtY2FtcGFpZ24tbWF5LWltcGFjdC1iaXRjb2luLXByaWNlcz9saWQ9bWpmc3M0eTNmcmUwVwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)? 🤔 - Grayscale's hinting at a new wave of crypto ETFs. So which ETFs are next in line [according](~/AAQRxQA~/RgRoncuaP0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZ3JheXNjYWxlLXByZWRpY3RzLWdyb3d0aC1pbi1jcnlwdG8tZXRmcy13aXRoLW5ldy1hc3NldC10eXBlcz9saWQ9cjNndGRxMWJmYzFxVwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) to the them? 📈 - Marathon Digital is pulling a $250M power move. Is it going to be [bullish](~/AAQRxQA~/RgRoncuaP0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWFyYXRob24tZGlnaXRhbHMtZG9sbGFyMjUwbS1mdW5kaW5nLXBsYW4tcmFpc2VzLWluZHVzdHJ5LWNvbmNlcm4_bGlkPWNrM3d4aGx1MXZxc1cDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) for crypto? 💰 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.08T ▼1.44% (24h) 24H MARKET VOLUME $75.64B ▲9.49% (24h) BITCOIN’S DOMINANCE 55.87% ▼0.09% (24h) FEAR & GREED INDEX 52 Neutral [Bitcoin] Bitcoin $58,833.81 ▼1.52% (24h) [Ethereum] Ethereum $2,641.04 ▼1.32% (24h) [BNB] BNB $520.87 ▲0.66% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoncuaP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWhtZnB0azN3N2J3MlcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoncuaP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9bWQwejd3bzZrODkyVwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoncuaP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1qODN4NHJtcmk1ZTdXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoncuaP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXFhbHV5NnEyb2Y1NFcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [White Yorkshire] [White Yorkshire](~/AAQRxQA~/RgRoncuaP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3doaXRlLXlvcmtzaGlyZS9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲4456.49% [Lovely Finance [Old]] [Lovely Finance [Old]](~/AAQRxQA~/RgRoncuaP0Q0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2xvdmVseS1pbnUtb2xkL1cDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲243.82% [ApexToken] [ApexToken](~/AAQRxQA~/RgRoncuaP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FwZXh0b2tlbi9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲134.53% TOP LOSERS 24H% [WorldCoin WDC] [WorldCoin WDC](~/AAQRxQA~/RgRoncuaP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dvcmxkY29pbi9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼100.0% [meme (Ordinals)] [meme (Ordinals)](~/AAQRxQA~/RgRoncuaP0Q0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL21lbWVzb25iaXRjb2luL1cDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼99.85% [Vow] [Vow](~/AAQRxQA~/RgRoncuaP0QpaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3Zvdy9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼98.83%     Institutional FOMO on Pause?? 😨 With Institutions pausing their Bitcoin buying spree, the coin recently took a dive to $58k, and the rest of the crypto market decided to follow suit. ETH dropped 4.6%, SOL plummeted 8%, and BNB and TON weren't far behind. But here's where things get interesting... While prices were dropping, investors seem to be busy scooping up deals like it was a Black Friday sale. CoinShares data shows a massive $176M flowing into crypto products. That pushed the total AUM to $85B, bouncing back from a previous $20B loss. ETH's been the star of the show lately, pulling in $155M in inflows last week alone. Why? Those new US spot ETFs. On the flip side, short Bitcoin ETPs got absolutely wrecked, seeing their largest weekly outflow since last May. Translation? Bitcoins bears didn’t have a good day.So if the data from ETFs is all nice, why are the prices not pumping? Is Bitcoin ETF losing its charm? [Read the full story](~/AAQRxQA~/RgRoncuaP0SDaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ib3VuY2VzLWJhY2stZnJvbS1kb2xsYXI1ODAwMC1hbWlkLXBhdXNlLWluLWluc3RpdHV0aW9uYWwtYnV5aW5nP2xpZD1udzZnYmJwYjJxdGtXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Ethereum OG Dumps $154M 🤐 An Ethereum whale from the ICO days is causing FUD. This OG just offloaded $13.2 million worth of ETH to OKX exchange. And the problem is that this isn't a one-time thing. Our mystery whale's been on a selling spree for the past month, dumping around $154 million in ETH. We're talking deposits ranging from 1,000 to 5,000 ETH at a time. Now, the crypto detective agency known as Twitter is buzzing with theories. Could it be Vitalik himself? Joseph Lubin? Anthony Di Iorio? The plot thickens. So is a massive ETH dump incoming? Or is it a good thing? [Read the full story](~/AAQRxQA~/RgRoncuaP0R0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0taWNvLXdoYWxlLW9mZmxvYWRzLWRvbGxhcjE1NG0taW4tZXRoLXRvLWV4Y2hhbmdlP2xpZD03anpmN2ZheGl6YjNXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Create Alerts for Your Favorite Tokens [CoinMarketCap Watchlist - Mobile](~/AAQRxQA~/RgRoncuaP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD1oZzlnNWF4YWRkeXRXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Did you know you can automatically monitor the crypto market’s ups and downs? Set up personalized alerts on your Watchlist at CoinMarketCap to track your favorite cryptocurrencies efficiently. Stay ahead of market trends without constant checking. [Set Up Your Alerts Now](~/AAQRxQA~/RgRoncuaP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD04dHl3dGJvYmp2Ym9XA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Harris’s Increasing Odds May Hurt Crypto Bernstein announced in its latest report that Kamala Harris might be giving Bitcoin a case of the jitters. Here's the deal: Harris is surging in the polls, even overtaking Trump on Polymarket. We're talking 52% odds for Harris vs 46% for Trump. Now, why should hodlers care? Well, the Dems aren't exactly known for being crypto's BFFs. Harris? She's been playing it cool, keeping her crypto cards close to her chest. On the flip side, Trump's gone full crypto pro. He's talking about national Bitcoin reserves and pro-crypto policies. So what happens if Harris wins this election? [Read the full story](~/AAQRxQA~/RgRoncuaP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYmVybnN0ZWluLWthbWFsYS1oYXJyaXMtY2FtcGFpZ24tbWF5LWltcGFjdC1iaXRjb2luLXByaWNlcz9saWQ9M3k1Y2czZXBrZHRoVwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   The Next Trend in Crypto? The crypto ETF game is leveling up, according to Grayscale's Dave Lavalle. We're not just talking about Bitcoin and Ethereum anymore - we're looking at a whole new world of crypto ETFs and indexes. Lavalle shared this insight during a recent webinar, hinting at single-asset products and crypto index funds. So which ETFs are next in line according to the expert? [Read the full story](~/AAQRxQA~/RgRoncuaP0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZ3JheXNjYWxlLXByZWRpY3RzLWdyb3d0aC1pbi1jcnlwdG8tZXRmcy13aXRoLW5ldy1hc3NldC10eXBlcz9saWQ9MnQ4NXhpeGFvand1VwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Marathon Digital's $250M Bet on Crypto Marathon Digital is pulling a MicroStrategy, but with a twist. They're offering $250 million on convertible senior notes to beef up their Bitcoin stash. These notes mature in 2031 and can turn into cash, Marathon stock, or a mix. The plan? Buy more Bitcoin and maybe expand the business. Marathon's already sitting on 20,000 BTC, worth $1.28 billion. And they're not selling any of their mined Bitcoin. But what exactly does it mean? [Read the full story](~/AAQRxQA~/RgRoncuaP0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWFyYXRob24tZGlnaXRhbHMtZG9sbGFyMjUwbS1mdW5kaW5nLXBsYW4tcmFpc2VzLWluZHVzdHJ5LWNvbmNlcm4_bGlkPWdkYjE1Z2lmZHVrclcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   And that's it for today. See you tomorrow!   [Apple Store](~/AAQRxQA~/RgRoncuaP0Q6aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MVcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Google Play](~/AAQRxQA~/RgRoncuaP0RQaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVNXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Twitter](~/AAQRxQA~/RgRoncuaP0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD01Mmpxc2FtMHFsNTVXA3NwY0IKZquaRrtm14syuVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRoncuaP0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPXN2Z3R4ZGNiODd1c1cDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRoncuaP0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPXB0dGFreGV4OGtieFcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRoncuaP0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9bTgxdWlkZmt0dm52VwNzcGNCCmarmka7ZteLMrlSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRoncuaP0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPXpxYjlyaGI1OHRralcDc3BjQgpmq5pGu2bXizK5Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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