en.bitcoinsistemi.com
14 August 2026 13:26, UTC
Bitcoin has fallen by 1.4% in the last 24 hours, dropping to around $62,000. This has also affected altcoins, with other major altcoins like Ethereum and XRP also showing a decline.
According to CoinMarketCap data, Velvet (VELVET) was the top-performing altcoin in the last 24 hours with a 38% gain. It was followed by Ether.fi (ETHFI), Cosmos (ATOM), and MemeCore (M).
In contrast, altcoins such as Venice Token (VVV), LayerZero (ZRO), and Lighter (LIT) were among the biggest losers.
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While the altcoin market experienced both rises and falls, whale activity continued.
According to Lookonchain, a cryptocurrency analysis platform, a whale with the address 0x117f traded in the altcoin $ASTER. Specifically, the whale opened a 4x long position of 7.2 million $ASTER ($4.33 million) and staked 4.02 million $ASTER ($2.42 million) for four years.
Another whale, with the address 19pFLW, bought another 300 Bitcoin (worth $19.03 million) approximately five hours ago, increasing his Bitcoin holdings to 1,120 (worth $70.43 million).
According to Lookonchain’s report, another whale traded in the altcoin $HYPE. This whale, who had previously sold $HYPE, this time sold 923,743 $HYPE (worth $53.02 million). Initially holding 2.93 million $HYPE (worth $163.37 million), this whale had sold 1.03 million $HYPE (worth $57.44 million) approximately two weeks ago. With this latest sale, they still hold 969,595 $HYPE (worth $55.5 million).
Finally, Lookonchain reported that address 0x66f8, known as the largest on-chain BTC bear, closed its $136 million short position, making a profit of $1.65 million. Following this profit-taking, this whale moved into a long position in Bitcoin with 40x leverage.
*This is not investment advice.
