Crypto Whales Dump Notcoin (NOT) Amid Fading Hype

BE[IN]CRYPTO08-21

NOT whales have reduced holdings as price plummets, with large transactions down and netflow dropping. Netflow for large Notcoin holders has dropped 98% in 30 days, hinting at potential selling ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Whales Dump Notcoin (NOT) Amid Fading Hype\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-21 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/large-holders-dump-notcoin/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NOT whales have reduced holdings as price plummets, with large transactions down and netflow dropping. \nNetflow for large Notcoin holders has dropped 98% in 30 days, hinting at potential selling ...</p>\n\n<a href=\"https://beincrypto.com/large-holders-dump-notcoin/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4150","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://beincrypto.com/large-holders-dump-notcoin/","article_id":"2461819538","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/05/bic_notcoin_NOT-covers_bearish-850x478.jpg.optimal.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461819538","pubTimestamp":1724227200,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"NOT whales have reduced holdings as price plummets, with large transactions down and netflow dropping.Netflow for large Notcoin holders has dropped 98% in 30 days, hinting at potential selling pressure.NOT’s flat RSI and declining ATR suggest market indecision; a potential price breakout or further decline looms.Notcoin , the Telegram-based tap-to-earn project, has seen a decline in whale activity as the altcoin’s price plummets.Over the past month, NOT large holders have distributed more than they have accumulated due to the altcoin’s double-digit price drop during that period.On-chain data indicates a sharp decline in the daily volume of large NOT transactions. According to IntoTheBlock, the volume of NOT transactions valued between $100,000 and $1 million has dropped by 74% over the past month.Read more: How To Buy Notcoin  and Everything You Need To Know. Furthermore, NOT’s Average True Range , which gauges market volatility, has been trending downward since August 8, reinforcing t","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4150":"赌场与赌博","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4112":"金融交易所和数据","BK4516":"特朗普概念","BK4595":"比特币概念","BK4547":"WSB热门概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4585":"ETF&股票定投概念","BK4539":"次新股","BK4554":"元宇宙及AR概念","ATR":"Aptar","BK4588":"碎股","BK4126":"金属与玻璃容器","BK4023":"应用软件","RSI":"Rush Street Interactive, Inc."},"translate_title":"随着炒作消退，加密货币鲸鱼抛售Notcoin(NOT)","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1,"ATR":1},"content_text":"NOT whales have reduced holdings as price plummets, with large transactions down and netflow dropping. \nNetflow for large Notcoin holders has dropped 98% in 30 days, hinting at potential selling pressure. \nNOT’s flat RSI and declining ATR suggest market indecision; a potential price breakout or further decline looms.\n\nNotcoin (NOT), the Telegram-based tap-to-earn project, has seen a decline in whale activity as the altcoin’s price plummets.\nOver the past month, NOT large holders have distributed more than they have accumulated due to the altcoin’s double-digit price drop during that period.\nNotcoin Whales Flee the Market\nOn-chain data indicates a sharp decline in the daily volume of large NOT transactions. According to IntoTheBlock, the volume of NOT transactions valued between $100,000 and $1 million has dropped by 74% over the past month.\nMeanwhile, transactions worth between $1 million and $10 million have seen a 21% decline in daily volume during the same period.\nNotcoin Transaction Volume. Source: IntoTheBlock\nA decline in large transaction counts is typically seen as a bearish signal, as it negatively affects the overall perception of the asset. When retail investors notice whale investors reducing their trading activity, confidence in the asset tends to weaken. This often triggers increased selling pressure, leading to sustained price declines.\nConfirming the surge in whale selling pressure, NOT’s large holders’ netflow has dropped by 98% over the past 30 days. \nRead more: How To Buy Notcoin (NOT) and Everything You Need To Know\nNotcoin Large Holders’ Netflow. Source: IntoTheBlock\nLarge holders are wallet addresses that hold over 0.1% of an asset’s circulating supply. The large holders’ netflow measures the difference between the coins that whales buy and the amount they sell over a specific period.\nWhen this metric declines, it indicates that an asset’s whales are selling their holdings. This is a bearish signal, suggesting potential selling pressure and an increased risk of a price decline.\nNOT Price Prediction: Altcoin Trends Sideways\nNOT has been trading within a horizontal channel since August 6, characterized by sideways price movement. This occurs when there’s a relative balance between accumulation and distribution, preventing the asset from trending strongly in either direction.\nThe technical setup shows that the Relative Strength Index (RSI), a key momentum indicator, has remained flat since August 8. The RSI measures whether an asset is overbought or oversold. NOT’s stable RSI suggests market indecision or consolidation, indicating the asset is neither overbought nor oversold.\nFurthermore, NOT’s Average True Range (ATR), which gauges market volatility, has been trending downward since August 8, reinforcing the consolidation phase. A declining ATR indicates reduced market volatility, suggesting the asset is less prone to price swings. As of now, NOT’s ATR is 0.0011.\nNotcoin Daily Analysis. Source: TradingView\nIf NOT breaks out of its narrow range to the upside, it could rally toward $0.13. Conversely, if it falls below the lower boundary of its horizontal channel, the price might drop further to $0.008.\n\n\n\n\nTop crypto projects in the US | August 2024\n\n\n\nHarambe AI\nExplore\n\n\n\n\n\n\nCoinrule\nExplore\n\n\n\n\n\n\nUphold\nExplore\n\n\n\n\n\n\nCoinbase\nExplore\n\n\n\n\n\n\nChain GPT\nExplore\n\n\n\n\n\n\n\n\n\nTop crypto projects in the US | August 2024\n\n\nHarambe AI\n\n\n\n\n\n\n\n\nCoinrule\n\n\n\n\n\n\n\n\nUphold\n\n\n\n\n\n\n\n\nCoinbase\n\n\n\n\n\n\n\n\nChain GPT","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461819538"}