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A prominent crypto analyst says deep-pocketed investors have been spotted loading up huge amounts of Ethereum (ETH). Trader Ali Martinez tells his 119,200 followers on the social media platform X that crypto whales gobbled up more than $3.80 billion worth of Ethereum in a two-day span. “Whales have bought over 1.14 million Ethereum $ETH in [48 hours!]” Source: Ali Martinez/X At time of writing, Ethereum is trading for $3,340. The trader is also keeping an eye on the interoperable blockchain Polkadot (DOT). According to Martinez, DOT looks primed to ignite a big upside burst as it threatens to break out from a bullish continuation pattern. “Polkadot DOT looks ready to break out of a bull pennant, targeting $17!” Source: Ali Martinez/X At time of writing, DOT is worth $6.34. Looking at the layer-1 protocol Aptos (APT), Martinez warns that the crypto asset appears to be forming a bearish reversal structure on the 12-hour chart. The trade...

Leading parachain-based cryptocurrency PolkaDot climbed above the $10 mark on Friday. The last DOT hit double digits in the indices was in May 2022 and remained trading with single digits for nearly 20 months. The cryptocurrency began attracting heavy bullish sentiments his month after Bitcoin climbed above the $69,000 mark. Bitcoin’s rise is pushing other leading altcoins to reach new yearly highs while delivering stellar returns to investors. Also Read: Cryptocurrency: Top 3 Coins to Buy Under $0.01 For Stellar Profits Source: Coingecko Now that PolkaDot remains in the green and climbed above $10, will the cryptocurrency rally further and reach $15? In this article, we will highlight how high or low DOT could trade in the indices in the coming weeks. Also Read: Should You Buy VeChain (VET) During the Ongoing Bull Run? PolkaDot: A 50% Surge in Price & $15 On the Cards For DOT Source: Twitter Leading on-chain metrics and price prediction firm CoinCodex ha...

Data from Dot Insights show that Polka DOT ’s ( DOT ) daily new accounts on the network grew nearly 10 times. Meanwhile, the number of active accounts increased four times. Dot Insights is a project that monitors the development of the Polka DOT ( DOT ) and Kusama (KSM) ecosystems. As per the data on Dot Insights, the number of active accounts rose from 1,100 to 4,516, accounting more than a 300% increase. In the past 2 weeks, data from @subscan_io showed that the number of daily new accounts on @Polka DOT rose nearly 10 times, while active accounts increased 4 times🤩 Cleary in #Web3, decentralization matters. pic.twitter.com/do08So0qCS — dotinsights (@dotinsights_xyz) November 14, 2022 Both spikes can be partially related to the liquidity leaving centralized exchanges. With the collapse of FTX, one of the largest exchanges in the world, investors are realizing that their tokens are safer in their possess...