Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Market Pullback After the New Year Holidays

The market has experienced a pullback as the New Year holidays come to a close. Major cryptocurrencies have seen significant declines, with Bitcoin currently trading at $95,000, down by 6%, and Ethereum dropping to $3,300, reflecting a 9% decrease. Notable Declines in Altcoins Some altcoins have been hit particularly hard in this market dip. $Ai16z has seen a substantial drop of 17%, alongside other tokens such as $HYPE and $ENA, which also fell by 17% and 16%, respectively. This market volatility has contributed to a notable uptick in liquidations, with a total of $631 million in long positions wiped out over the past 24 hours. Market Overview – Total Market Capitalization: $3.50 trillion, down 7.51% – 24-Hour Liquidations: $693 million, a dramatic increase of 253% – Fear & Greed Index: 70, indicating a state of “Greed” Market Overview The market has pulled back following the end of the New Year holidays. #Bitcoin is trading at $95K (-6%) and #Ethereum at $3.3K (-9%). Notable declines include $Ai16z (-17%), $HYPE (-17%) and $ENA (-16%). In the past 24 hours, $631M worth of long positions… pic.twitter.com/8rF89CRljG — CryptoRank.io (@CryptoRank_io) January 8, 2025 Whale Activity: $Ai16z and Other Holdings A prominent whale from the $Ai16z holdings (address: TOP7 Whale) made waves by selling 1.9 million $Ai16z tokens through the trumpet E9uDt…bY9cf address three hours ago. This sale was valued at approximately $3.67 million. In the past month, this whale opened a position worth 19.83 million $Ai16z tokens at an average price of $0.5057, investing over $10 million. Despite the recent sell-off, they still hold 17.43 million tokens, showing a floating profit of $23.04 million and a return of 260%. ai16z 持仓 TOP7 巨鲸通过小号 E9uDt…bY9cf 于三小时前卖出 190 万枚 ai16z，约 367 万美金 过去一个月内他以均价 $0.5057 建仓了 1983 万枚，投入超 1002 万美金！目前仍持有 1743 万枚，浮盈 2304 万美金，回报率 260% 此外他还持有 640 万美金 ZEREBRO（TOP7 持仓地址）和 236 万美金 $SONIC https://t.co/RuvqBKEBHI pic.twitter.com/LJDq3x2hiy — Ai 姨 (@ai_9684xtpa) January 8, 2025 Additionally, this whale also holds substantial positions in other assets, including $ZEREBRO, with 6.4 million USD worth, and $SONIC, with 2.36 million USD worth. This demonstrates how the market remains active, with both volatility and large investor activity continuing to shape the trends in the cryptocurrency space. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: skorzewiak/ 123RF // Image Effects by Colorcinch CoinTurk News

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Smart Trader Nets Over $16M in Profits with Strategic Investments

A savvy crypto trader has caught the market’s attention with impressive gains totaling over $16 million through early and strategic investments in several tokens. Here’s a breakdown of their trading success and current positions. $ai16z: A Monumental 16,564% Profit This trader spotted the potential of $ai16z early, entering the market on October 25, 2024. They initially purchased 13.45 million $ai16z for $70,000 and later added 7.45 million tokens for $547,000. Currently holding 6 million $ai16z worth $11.04 million, this position has yielded a jaw-dropping profit of $11.5 million, marking a 16,564% return. $GRIFFAIN: Strategic Buy and Sell When $GRIFFAIN’s market cap was under $8 million, the trader invested $125,000 to acquire 8.05 million tokens. They later sold 3.05 million tokens for $1.22 million, locking in substantial gains. Currently, the trader holds 5 million $GRIFFAIN valued at $2.22 million, bringing their total profit to $3.32 million, a 2,648% return. $ZEREBRO: Early Entry, High Returns The trader also identified $ZEREBRO’s potential at an $11 million market cap, investing $295,000 to buy 6.45 million tokens. Selling 1.4 million tokens for $697,000, they now hold 5 million tokens worth $1.98 million. This position has generated a profit of $2.38 million (+808%). What a smart trader! $11.5M profit on $ai16z(+16,564%). $3.32M profit on $GRIFFAIN(+2,648%). $1.98M profit on $ZEREBRO(+808%). 9 hours ago, this whale added more to his $AVA position. 1/ Let`s dive deeper into his trades. pic.twitter.com/VyoiGfeQig — Lookonchain (@lookonchain) January 8, 2025 Accumulating $AVA Over the past week, the trader has been accumulating $AVA, buying a total of 2.17 million tokens for $333,000. This position currently shows an unrealized profit of $120,000, with the latest purchase made just nine hours ago. This trader’s strategic approach and timely market entries underscore the importance of spotting opportunities early and executing disciplined trades. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: thvideo/ 123RF // Image Effects by Colorcinch CoinTurk News