A crypto whale recently transferred 28.56 billion $PEPE to Binance, with a slight loss. The whale received the $PEPE from Huobi on May 13 at $0.00000164 and transferred them to Binance at $0.00000148, resulting in a loss of approximately $44.9K.

A mysterious cryptocurrency whale has caught the attention of the community earlier this week, after it moved nearly $505 million worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), to leading cryptocurrency exchange Binance.

Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means.

The cryptocurrency market is witnessing a considerable resurgence since the beginning of this year. Many cryptocurrencies have been part of the headline as some of them reached their all-time highs. SingularityNET (AGIX) is among those surging coins but today the reason for it to be the talk of the town is different.

Even as crypto traders fear of more regulatory shocks in coming weeks, a section of high profile investors are not much concerned. After crypto exchange Binance placed a temporary suspension of US Dollar deposits and withdrawals, a crisis situation could emerge if none of the US banks come forward to support. While there could be more clarity next week, Kraken’s $30 million settlement with the U.S. Securities and Exchange Commission (SEC) led to a sudden price decline in the market.

Layer 1 coin Cardano [ADA] has seen a spike in large whale transactions in the past few days, data from Santiment revealed.

PancakeSwap [CAKE] recently made another major announcement that has the potential to increase the functionality and capabilities of the chain.

A brand-new Shiba Inu Whale is born and becomes the 66th biggest Shiba Inu holder by adding millions of coins.

A huge crypto whale is moving more than $110 million worth of XRP in a single transaction this week as the digital asset market attempts to recover from its steep correction earlier this month.

Bitcoin price rallied after Fed Chair Jerome Powell hinted at slower rate hikes in December and upcoming sessions. The BTC price hit a high of $17,194 with an over 200% jump in trading volume. On-chain data indicates that miners facing financial issues are indeed selling their Bitcoin holdings, with Bitcoin hashrate decreasing continuously due to declined mining activity.