# Whales Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Whales", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

Amid a brutal crypto winter that wiped out trillions in market value, a core group of believers remains steadfast. This Vanity Fair article explores the "VIP faithful" who continue to buy and hold despite catastrophic crashes, regulatory crackdowns, and industry scandals. Key figures like Galaxy Digital's Michael Novogratz, ARK Invest's Cathie Wood, and early investors like Meltem Demirors are portrayed not as mere speculators, but as participants in what they describe as a "religious movement." The piece traces crypto's evolution from its ideological origins in the 2008 Bitcoin whitetimepaper—a response to centralized financial system failures—to its mainstream adoption and subsequent commodification. The article highlights the deep internal rift between two groups: the original "believers" who champion decentralization and individual sovereignty, and the "grifters" and "tourists" who joined during boom cycles, turning crypto into a casino. It details the rise of NFTs through platforms like OpenSea, the catastrophic collapses of Terra/Luna and FTX, and the intense regulatory witch hunt led by the SEC under Gary Gensler. Ultimately, the narrative questions whether crypto's inevitable march into the mainstream—evidenced by political lobbying, institutional adoption, and even a Trump meme coin—represents a betrayal of its founding ideals or the ultimate validation of its success. Through booms, busts, and regulatory battles, the true believers stand firm,坚守信仰 (holding faith) in the face of the enduring crypto winter.

Odaily星球日报03/18 09:16

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

Odaily星球日报03/18 09:16

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

In the depths of the crypto winter, with trillions in market value erased, a core group of believers remains steadfast. This article from Vanity Fair explores why figures like Michael Novogratz, Meltem Demirors, and Cathie Wood are holding or even buying more Bitcoin despite the brutal downturn. They view crypto not merely as a technology but as a philosophical movement—a "religion" built on ideals of decentralization, financial sovereignty, and a rejection of traditional centralized systems. The piece traces crypto's origins from Bitcoin's 2008 whitepaper, through its adoption by libertarians and rebels, to its evolution into a mainstream asset class fraught with speculation, scams, and extreme volatility. It highlights the internal divides between idealistic "believers" and opportunistic "tourists," and examines how the industry grapples with regulation, political influence, and its own identity after major collapses like FTX. Despite regulatory crackdowns, market crashes, and a tarnished public image, these VIP adherents continue to bet on crypto's long-term vision, arguing that true value comes from collective belief and that the movement is ultimately about reshaping the global financial system.

marsbit03/18 07:40

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

marsbit03/18 07:40

Dogecoin reclaims $0.10: Will whale demand sustain DOGE’s upside?

Dogecoin (DOGE) extended its bullish momentum, reclaiming the $0.10 resistance level and reaching a local high of $0.104. The rally was supported by strong whale accumulation between $0.092 and $0.097, as indicated by sustained spot demand and a positive Spot Taker CVD for seven consecutive days. Exchange netflows also turned negative, signaling aggressive spot buying. However, futures traders derisked, with net outflows of $22.06 million, reflecting bearish sentiment in derivatives markets. Technical indicators show DOGE in overbought territory with a bearish crossover on the Stochastic RSI, suggesting potential near-term volatility. If spot demand holds, DOGE could target $0.11; otherwise, a drop to $0.095 is possible.

ambcrypto03/17 21:28

Dogecoin reclaims $0.10: Will whale demand sustain DOGE’s upside?

ambcrypto03/17 21:28

Official Trump: Will 5-month high whale activity trigger TRUMP’s trend shift?

Official Trump (TRUMP) has declined 5% in the past 24 hours, but whale activity has intensified, with the number of wallets holding over 1 million TRUMP reaching a five-month high of 83. This accumulation, alongside a 36% price rally, suggests strategic positioning by large holders. A significant transfer of 1.5 million TRUMP ($5.85 million) to a new wallet indicates fresh capital inflow. The price broke out of a consolidation range, surpassing the $3.689 resistance, but is now stalling near the $4.452–$5 supply zone. For the bullish trend to continue, TRUMP must clear the $5 level; failure to hold $3.689 could lead to a retest of the $2.718–$3 demand zone.

ambcrypto03/17 19:43

Official Trump: Will 5-month high whale activity trigger TRUMP’s trend shift?

ambcrypto03/17 19:43

Ethereum whales cash out $14mln as $136mln shorts burn – Next move for ETH?

Ethereum extended its uptrend, reaching a local high of $2385 before retracing to $2317. This price surge triggered massive liquidations, with over $136 million in short positions and $39 million in long positions being liquidated. A Matrixport-linked whale cashed out a 40,000 ETH long position, realizing a $14.47 million profit, while still holding 80,000 ETH. Conversely, some leveraged short positions faced significant losses. Market participation surged, with derivatives volume rising 60% to $86.7 billion and open interest increasing 4.4% to $33.2 billion. The long/short ratio climbed to 1.04, indicating growing bullish sentiment. Technical indicators, including the MACD and DMI, showed strong upward momentum with buyers in control. If demand persists, ETH could target $2500, but failure to sustain momentum might lead to a drop toward $2069. The current move is viewed as a relief rally rather than a confirmed bull trend.

ambcrypto03/17 12:06

Ethereum whales cash out $14mln as $136mln shorts burn – Next move for ETH?

ambcrypto03/17 12:06

After WIF’s latest 10% price hike, is a breakout past $2 next?

WIF's price surged nearly 10% in the past 24 hours, showing renewed bullish momentum in the memecoin market. The rally is supported by increased whale activity and large trader participation in the futures market, where long positions outnumber shorts by a 2:1 ratio. This buyer dominance and growing open interest suggest strong conviction behind the upward move. The key focus is now on the $2 psychological resistance level. A breakout above $2 could lead to further gains and higher liquidity zones, though this level may also trigger profit-taking and temporary consolidation. Technical indicators, including price trading above the 20-day EMA, reinforce the current bullish structure. The coming sessions will determine whether WIF sustains its momentum or faces a cooling-off period.

ambcrypto03/17 06:50

After WIF’s latest 10% price hike, is a breakout past $2 next?

ambcrypto03/17 06:50

PENGU now trading at a make-or-break level – Is a 22% rally incoming?

PENGU, a Solana-based memecoin, is trading at a critical resistance level of $0.00815 after a 12% price surge. A daily close above $0.0085 could trigger a 22% rally toward $0.0104. Trading volume increased by 170%, indicating strong market interest. Data shows bullish sentiment with $3.11M in long positions and significant accumulation by whales, who increased holdings by 3.9%. However, failure to break resistance may lead to a reversal. Technical indicators suggest weak momentum, but some analysts predict a potential 250% rally if the breakout occurs.

ambcrypto03/17 06:02

PENGU now trading at a make-or-break level – Is a 22% rally incoming?

ambcrypto03/17 06:02

On-Chain Whales' New Battleground: Hyperliquid Confronts Wall Street and Compliance Challenges

Hyperliquid, a leading decentralized exchange (Perp DEX) for perpetual futures, is rapidly expanding beyond crypto into traditional finance, particularly through its HIP-3 market for real-world assets (RWAs) like commodities and indices. With a monthly trading volume of $173.4 billion and over 172.9 million users, it has become a hub for institutional and large-scale traders, with the top 100 addresses accounting for over 81% of total trading activity. Recent geopolitical events, such as the U.S.-Iran conflict, have highlighted Hyperliquid’s role in providing 24/7 price discovery for assets like WTI crude oil, attracting attention from mainstream financial media like Bloomberg. This positions Hyperliquid as a emerging competitor to traditional markets like CME. However, its growth brings regulatory challenges. As U.S. regulators, including the CFTC, move toward approving crypto perpetual futures, Hyperliquid faces pressure to comply with financial regulations while preserving its permissionless, non-custodial nature. To address this, it has established a policy center in Washington, D.C., led by Jake Chervinsky, to engage with regulators and shape a legal framework for DeFi. The platform’s future depends on balancing innovation with compliance as it seeks to become a sustainable part of the global financial infrastructure.

比推03/17 04:23

On-Chain Whales' New Battleground: Hyperliquid Confronts Wall Street and Compliance Challenges

比推03/17 04:23

Cardano leads top 10 with 10% gain – But sentiment says bulls aren’t back

Cardano (ADA) led the top 10 cryptocurrencies with a 10% price increase in 24 hours, accompanied by a 144% surge in daily trading volume. Despite this rally and positive technical indicators like bullish MACD and net buy volume, market sentiment remained bearish at only 25%. ADA faces strong resistance at $0.30, with concerns over whale distribution and high leveraged long liquidations suggesting limited upside. The rally was primarily driven by futures market activity rather than organic DEX volume, indicating cautious optimism amid underlying bearish pressures.

ambcrypto03/17 04:02

Cardano leads top 10 with 10% gain – But sentiment says bulls aren’t back

ambcrypto03/17 04:02

Hyperliquid "Invades" Wall Street: A Playground for On-Chain Whales, Facing Compliance Pressure Head-On

Hyperliquid, a leading decentralized exchange (Perp DEX) for perpetual futures, is gaining significant traction by expanding into traditional asset trading through its HIP-3 market, which includes commodities like WTI crude oil and stock indices. With a monthly trading volume of $173.4 billion and over 4.11 trillion in total volume—81% of which comes from the top 100 addresses—it has become a hub for institutional and professional traders rather than retail users. Recent geopolitical tensions, such as the U.S.-Iran conflict, have accelerated adoption, as Hyperliquid offers 24/7 price discovery even when traditional markets are closed. This growth occurs amid a broader shift of liquidity from centralized exchanges (CEX) to DEXs, with Perp DEX volumes surging 346% in 2025. However, Hyperliquid faces mounting regulatory challenges. The CFTC is expected to introduce policies for crypto perpetual futures in the U.S. within a month, which may force platforms like Hyperliquid to adopt stricter compliance measures, including KYC—potentially undermining their permissionless appeal. To navigate these issues, Hyperliquid established a policy center in Washington D.C., led by crypto lawyer Jake Chervinsky, aiming to shape DeFi regulation and ensure long-term legitimacy. The platform’s founders emphasize building a sustainable, financially neutral infrastructure, recognizing that compliance is essential for broader adoption in traditional finance.

marsbit03/17 01:15

Hyperliquid "Invades" Wall Street: A Playground for On-Chain Whales, Facing Compliance Pressure Head-On

marsbit03/17 01:15

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