Help
Crypto hub: Ripple surges past $1
Altcoins shine as Ripple surges, Bitcoin sees profit-taking at record highs, and dormant wallets reawaken, reshaping the crypto landscape.
Ripple (XRP) surged past $1, leading gains among major altcoins this week
Retail activity in Bitcoin spiked, with small transaction volumes reaching a three-year high
BONK reclaimed its position as the top meme coin on Solana, surpassing WIF in market capitalization
Several altcoins outpaced Bitcoin at the start of this week, reflected in the declining Bitcoin dominance within the cryptocurrency market. Ripple (XRP) led gains among the top 10 altcoins, climbing above the $1 mark. Other notable performers included Solana (SOL), Toncoin (TON), and Avalanche (AVAX), which all posted significant increases.
Bitcoin long-term holders capitalize on record highs
Bitcoin (BTC) has entered a phase of heightened profit-taking following its rally to all-time highs. Since November 12, daily realized profits have averaged approximately $5 billion, according to CryptoQuant data—the highest levels seen in over a month.
On November 12, Bitcoin investors recorded $5.1 billion in realized profits as the cryptocurrency traded near $90,000. Profit levels eased slightly to $4.75 billion on November 13 before rebounding to $4.8 billion on November 14, when Bitcoin reached a new peak above $93,000. The surge followed optimism in the market spurred by former U.S. President Donald Trump’s election victory on November 5. Analysts note that many investors are locking in gains after one of Bitcoin’s most robust rallies in recent years.
Retail interest spikes as Bitcoin’s small transaction volume hits three-year high
Bitcoin transaction volumes below $100,000 have reached a three-year high, signaling a surge in retail participation amid heightened market volatility. Historically, such activity has indicated an influx of smaller investors entering the cryptocurrency space.
Dormant Bitcoin wallet awakens after 12 Years, moves $46M
A Bitcoin wallet inactive for 12 years has been reactivated, transferring 400 BTC—initially purchased for $2,091 and now valued at $35.8 million. The wallet moved 200 BTC ($17.9 million) to Bitstamp and 351 BTC ($31.5 million) to a new address five hours ago.
This wallet is one of three dormant addresses that have collectively transferred 600 BTC, worth approximately $46 million, to Bitstamp in the past month. All funds originated from wallets inactive for over a decade, prompting speculation about potential market implications.
BONK surpassed WIF
BONK has overtaken WIF in market capitalization. BONK’s market cap now stands at $3.78 billion, surpassing WIF, which holds a valuation of $3.62 billion.
