Tag Archives: accumulation

Cathie Wood’s ARK Invest adds $12M in Bullish shares as options trading surges

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Bullish’s newly launched crypto options platform has attracted $82 million in trading volume within five days, with participation from institutional traders. Cathie Wood’s ARK Invest increased its position in Bullish crypto exchange on Monday, purchasing roughly 238, 000 shares worth around $12 million across its flagship funds. According to ARK’s daily trade disclosures, the ARK Innovation ETF (ARKK) bought 164, 214 shares, the ARK Next Generation Internet ETF (ARKW) added 49, 056 shares, and the ARK Fintech Innovation ETF (ARKF) acquired 25, 076 shares. The move follows ARK’s earlier purchases last week. On Friday, the investment firm acquired over $5 million worth of Bullish shares across multiple ETFs. Read more. Continue reading Cathie Wood’s ARK Invest adds $12M in Bullish shares as options trading surges→

BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k?

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The post BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k? appeared com. The post BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k? appeared first dip amid heightened fear of further capitulation. According to on-chain data analysis from Arkham, BitMine purchased $300 million worth of Ether since last week, amid the recent market correction. BitMine Leads in High Demand for Ethereum For as long as Ether price maintains above the support level of $3k, a potential reversal is likely in the coming days towards a new all-time high. The midterm bullish outlook is favored by the rising fear of crypto capitulation amid notable deleveraging of long traders. Furthermore, the crypto market often tends to move in the opposite direction to the crowd’s sentiment. Meanwhile, the Bitcoin OG whale, who has successfully traded in the recent past including the recent crypto crash, has longed BTC and Ether with $37 million and $18 million respectively. THE $10B HYPERUNIT WHALE JUST LONGED TC AND TH This address is owned by. Continue reading BitMine Buys Ethereum Dip; Is ETH Price Ready for $10k?→