Increased activity from major players in the cryptocurrency market, notably Shiba Inu (SHIB) whales and Ethereum (ETH) price expectations, are drawing investor attention. Meanwhile, BlockDAG introduces its buyer battles, creating new interest.
What SHIB Whale Activity Means for Key Support Levels
SHIB whale activity is strengthening, with major accounts acquiring 10.4 trillion coins during a recent drop. This coincided with a breakout on June 29, where trading volumes surged nearly sixfold. This wave of whale activity followed an 'inside week' pattern, a technical signal often associated with reversals.
Current support is around $0.00001160 after some took profits. Indicators are mixed, but SHIB whale activity suggests continued interest as prices hold steady. For now, many are watching the $0.00001733 level for further movement.
Dormant Accounts Add Fuel to ETH Price Expectations
Ethereum price targets are back in focus as wallets from the 2014 ICO period show signs of activity. One address turned a $310 buy into $2.4 million. Analyst Cyclop sees $4,000 as a potential price target for Ethereum this summer, citing growth in staking, strong institutional buying, and high short positions.
ETH remains 49% below its all-time high, yet the number of buyers continues to grow. While some predict slower gains, the target prices for Ethereum are closely tied to whale behavior and broader economic signals. More dormant wallets becoming active could continue to shape ETH's direction.
How BlockDAG Buyer Battles Give Traders a Winning Edge
BlockDAG's Buyer Battles are intensifying, offering unique conditions not just for those spending the most. A total of 50 million BDAG coins are available daily, and notably, unsold coins go directly to the top buyer.
This unique structure changes the game, giving smaller buyers a real chance at significant rewards. To date, BlockDAG's presale has raised over $329.5 million, sold over 23.5 billion coins, and achieved 2,660% growth by batch 29. Some buyers are getting creative, entering low-traffic hours or utilizing multiple small purchases to gain the lead.
Current SHIB whale activity and renewed interest in Ethereum price targets indicate potential market movements. In the meantime, BlockDAG is already in play, with its buyer battles offering new opportunities for traders and smaller investors.
