hodler

11 May 2026, 10:37

Solana Price Prediction: SOL Nears $100 as Leverage Rises

Solana moved closer to the $100 level as open interest approached a yearly high, showing stronger activity in leveraged positions. The next key test sits around the $110 to $138 zone, where the chart shows major resistance levels. Solana Open Interest Nears Yearly High as SOL Price Pushes Toward $100 Solana traded near $96.55 on the daily Binance Futures chart, rising 3.74% as price moved toward the key $100 area. The chart shows SOL recovering from its earlier decline and building higher momentum in early May. Solana Open Interest Nears Yearly High. Source: Ted on X Open interest also climbed sharply. The Velo aggregated open interest chart shows open interest near 27.77 million SOL, close to the yearly high marked around February. Ted noted that SOL open interest is approaching a yearly high and warned traders about heavy leverage. This matters because rising open interest shows more leveraged positions entering the market. When price rises with open interest, it can support bullish momentum. However, it also raises liquidation risk if the move becomes crowded. The $100 zone now acts as the main upside level for SOL. If buyers push above it, the move could extend. However, if leveraged longs become too crowded, a pullback could trigger fast liquidations and increase short term volatility. Solana Price Breaks Higher as SOL Targets $110 to $138 Zone Solana traded near $96.53 on the daily chart after a sharp move higher from the spring base. The chart from More Crypto Online shows SOL pushing above the recent consolidation zone, which keeps the short term bullish setup active. The first major upside area sits between $110.82 and $138.80. This zone includes the 100%, 123.6%, 138%, and 161.8% extension levels marked on the chart. If SOL keeps moving higher, this area becomes the main target zone for the current wave structure. Solana Price Breaks Toward $110 Zone. Source: More Crypto Online on X The wider Fibonacci retracement zone shows stronger resistance above that range. The chart marks $119.37, $142.00, $168.92, $216.29, and $250.94 as larger upside levels. These levels suggest SOL could face heavier selling pressure as it moves deeper into the recovery range. However, the bearish invalidation risk remains clear. The chart still marks a lower support area near $62.42 and $43.22 as wave iv support. A deeper bearish scenario also points to the $48.78 to $31.95 zone. That structure would matter only if SOL fails to hold the current breakout and falls back under key support. For now, the chart shows buyers in control. SOL has moved away from the lower base, and the next test sits around the $110 to $138 resistance zone. If momentum holds, that area will decide whether the move continues or slows.

11 May 2026, 10:06

Bitcoin News: $40M Dormant BTC Whale Making A Move After 13 Years

A Bitcoin whale wallet that has been dormant since November 2013 is making huge news. The wallet moved 500 BTC, worth $40 million, to a new address at 19:16 UTC on Sunday, triggering a panic, although the destination address is not linked to any known exchange. The transfer originated from address 1KAA8GGhVjjUjVTz1HKAjCyGNzAKQd882j , funded in late 2013 with probable mining rewards per Blockchair data, and landed at bc1qm6m6d33d02edr0k8yj9jgt027zl6dvx6thjrxy , a Bech32 native SegWit address created just the previous day on May 10, 2026. Freshly generated destination address, decade-old source wallet. BTCscan However, the transaction fee was 0.0001 BTC, or just $8 at current prices. For context, typical BTC exchange inflow transactions have average fees that are 10 times higher, according to Chainalysis’s 2026 Crypto Crime Report. Low fees signal non-urgent intent, with the whale not racing to hit a bid on a centralized exchange before the market moves. Arkham Intelligence’s address labeling flags the destination format as consistent with custodial OTC desk infrastructure, matching patterns used by institutional counterparties for privacy-preserving large transfers. BITCOIN WHALE WAKES UP AFTER 12 YEARS A dormant Bitcoin wallet moved $41 million worth of BTC after sitting inactive since 2013. Onchain data from Arkham shows 500 $BTC transferred to a new address on Sunday. The holdings were originally worth roughly $457,000 when… pic.twitter.com/NoLShflOwq — BSCN (@BSCNews) May 11, 2026 The coins in this wallet qualify as a genuine Satoshi Era holding. The whale acquired when BTC traded under $100, now worth $40 million at $80,700 spot. Discover: The best pre-launch token sales Bitcoin News: Exchange Dump or OTC Absorption? If this resolves as an OTC transaction, the sale is absorbed off-book, order-book depth is unaffected, and the spot price impact is minimal. If the coins route to a centralized exchange hot wallet, that is a different conversation entirely. Ki Young Ju of CryptoQuant called it plainly on May 10: “Classic OTC prep, not dump pressure, low fees and non-CEX destination scream institutional.” Lookonchain data reinforces that read: 72% of 2026 whale moves involving BTC dormant more than seven years resolved as OTC within 48 hours, per their tracking dashboard. T A comparable November 2025 event, 500 BTC moved from a 2012 wallet to a Wintermute-linked address, was later confirmed OTC by the firm’s executives directly. The structural fingerprints here are nearly identical: aged UTXO, fresh SegWit destination, minimal fee, no exchange association. The data points toward OTC, not exchange sell pressure. Bitcoin (BTC) 24h 7d 30d 1y All time OTC desks typically distribute 10–25% of a position daily to avoid slippage. If outflows from that address begin routing toward known exchange deposit wallets, the thesis flips. Glassnode’s Exchange Inflow Multiple report, due May 14, will provide the aggregate view on whether dormant supply is hitting order books at scale. Bitcoin was trading at $80,700, down just over 1% since midnight, as the market absorbed geopolitical headwinds that have kept BTC range-bound below the $83,000 resistance cluster. Discover: The best pre-launch token sales The post Bitcoin News: $40M Dormant BTC Whale Making A Move After 13 Years appeared first on Cryptonews .

11 May 2026, 10:00

Ethereum under pressure after 577K ETH transfer – Will ETH price slide?

Ethereum inflows raise capitulation fears, yet Binance data shows mega whales steadily absorbing supply.

11 May 2026, 09:35

Upbit to Temporarily Halt ENJ Deposits and Withdrawals on May 18 for Network Upgrade

BitcoinWorld Upbit to Temporarily Halt ENJ Deposits and Withdrawals on May 18 for Network Upgrade South Korea’s largest cryptocurrency exchange, Upbit, has announced a temporary suspension of deposits and withdrawals for Enjin Coin (ENJ) effective May 18 at 11:00 a.m. UTC. The halt is attributed to a scheduled network upgrade on the Enjin blockchain. Details of the Suspension According to Upbit’s official notice, the suspension will affect all ENJ deposit and withdrawal services. The exchange has not specified the exact duration of the outage, but such maintenance periods typically last several hours to a full day, depending on the complexity of the upgrade. Users are advised to complete any pending ENJ transactions before the cutoff time to avoid delays. Why This Matters for Traders Network upgrades are routine in the cryptocurrency space, often introducing improvements in scalability, security, or functionality. For ENJ holders and traders on Upbit, the suspension means that during the maintenance window, they will not be able to move tokens into or out of the exchange. Trading pairs involving ENJ on Upbit’s spot market may continue to operate, but users should verify the exchange’s specific policies regarding trading during the suspension. Impact on Market Activity While temporary deposit and withdrawal halts are common, they can create short-term friction for active traders, particularly those relying on arbitrage opportunities or needing to transfer funds quickly. The announcement is not expected to have a lasting impact on ENJ’s price or market liquidity, as such events are typically well-communicated in advance. Preparing for the Upgrade Upbit recommends that users initiate any necessary ENJ deposits or withdrawals well before the May 18 deadline. The exchange will likely resume services shortly after the network upgrade is completed and verified as stable. No further changes to ENJ services are anticipated at this time. Conclusion Upbit’s temporary suspension of ENJ deposits and withdrawals on May 18 is a standard precautionary measure tied to a network upgrade. Traders and holders should plan accordingly to avoid inconvenience. The event underscores the importance of staying informed about exchange maintenance schedules in the fast-moving crypto market. FAQs Q1: Will my ENJ balance on Upbit be affected during the suspension? No. Your ENJ balance will remain intact and accessible for trading on the exchange’s spot market, provided trading is not separately halted. Only deposits and withdrawals are suspended. Q2: How long will the ENJ suspension last? Upbit has not specified an exact end time. Typically, such suspensions last until the network upgrade is completed and the exchange confirms network stability, which can range from a few hours to a day. Q3: What is a network upgrade, and why does it require a suspension? A network upgrade introduces changes to a blockchain’s protocol, such as improvements to speed, security, or features. Exchanges temporarily suspend deposits and withdrawals to ensure that transactions are processed correctly during the transition and to prevent potential errors or losses. This post Upbit to Temporarily Halt ENJ Deposits and Withdrawals on May 18 for Network Upgrade first appeared on BitcoinWorld .

11 May 2026, 09:10

Ether could extend gains despite whale selling pressure

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are currently trading around key levels on Monday after surging nearly 5%, 2%, and 6%, respectively, in the previous week. Bitcoin has dropped below $81,000 , while Ether closed last week’s candle above the key resistance level. This could allow ETH to record further gains over the next few hours and days despite whale selling pressure. Whales unload some Ether Ether is trading above the $2,300 level on Monday after closing the weekly candle above a key resistance level. The smart money tracker EmberCN revealed over the weekend that a key Bitcoin OG, Garrett Jin, who also holds a large ETH balance, transferred another 78K ETH to the crypto exchange Binance on Friday. The whale had previously moved 166K ETH to the exchange on Wednesday, bringing its potential sales to 244K ETH during a 3-day period. Ether briefly dipped following the sale to $2,277 but has since bounced back and is now trading above $2,330. The whale is known for timing the October 10 leverage flush after building a massive $1.1 billion short position. However, the whale suffered a $378 million loss from several long positions in January. In addition to that, several notable whale wallets have increased deposits to exchanges in recent days. On the institutional side, US spot ETH exchange-traded funds continued their inflow on Friday after recording $103.5 million in net outflows on Thursday. CryptoQuant’s latest report revealed that institutional capital is showing a preference for Bitcoin over Ethereum at the moment. Since the market bottom in February, institutions have purchased 92,116 BTC, while only buying 127,000 ETH. The report added that, "During periods of uncertainty, many funds appear more willing to reduce ETH exposure first, while maintaining or rebuilding BTC positions as the 'safer' crypto allocation." However, bearish positioning in ETH perpetuals continues to weigh on prices, with funding rates showing a short dominance in the market. Ether price forecast: ETH could extend gains if the 200-day EMA holds Ethereum is trading above $2,330 on Monday as the ETH/USD 4-hour chart remains bearish and efficient, as per data from crypto trading apps . ETH is holding its price above the 50-day and 100-day EMAs at roughly $2,275 and $2,342, suggesting a cautiously constructive tone. However, the broader trend remains capped below the 200-day EMA near $2,549. The RSI on the 4-hour chart reads 52, hinting at mild bullish momentum. Meanwhile, the MACD remains slightly below zero, suggesting that upside traction is still tentative despite the recent stabilization. If the rally continues, the bulls would encounter initial resistance at the 38.2% Fibonacci retracement of the broader downswing near $2,380. A break above this level would expose the more significant barrier at the 200-day EMA around $2,549. However, if the sellers triumph, buyers would need to protect the 50-day EMA near $2,275. A daily candle close below this level would bring the next major support at roughly $2,138 into focus. The post Ether could extend gains despite whale selling pressure appeared first on Invezz

11 May 2026, 09:05

Bitcoin Faces $616 Million Liquidation Risk if BTC Price Drops to $79,956

BitcoinWorld Bitcoin Faces $616 Million Liquidation Risk if BTC Price Drops to $79,956 Bitcoin could trigger a wave of forced selling totaling over $616 million if its price falls to $79,956, according to data from CoinGlass. The figure represents the total value of long positions across major centralized exchanges that would be automatically liquidated at that price level. Leverage thresholds and market implications The data highlights the concentrated leverage in the current market. A drop to $79,956 would liquidate $616.30 million in long positions, potentially accelerating downward momentum as automated sell orders cascade. Conversely, a rally to $83,110 would eliminate $847.46 million in short positions, creating a similar upward pressure. These thresholds represent key zones of market vulnerability. Traders using high leverage are particularly exposed, as even modest price swings can trigger forced closures. The concentration of liquidation levels near these prices suggests the market may experience increased volatility if Bitcoin approaches either boundary. What this means for traders and the broader market Liquidation cascades are a well-known phenomenon in cryptocurrency markets, often amplifying existing trends. A move to $79,956 could create a feedback loop, where falling prices trigger more selling, driving prices lower. The $83,110 level poses a similar risk for short sellers, potentially fueling a rapid rally. For long-term holders, these levels may represent strategic entry or exit points, but short-term traders should exercise caution. The presence of large liquidation clusters increases the likelihood of sharp, unpredictable moves. Context and data reliability CoinGlass aggregates liquidation data from major exchanges including Binance, Bybit, and OKX. While the figures are indicative of market structure, actual liquidation amounts can vary due to factors such as funding rates, open interest changes, and exchange-specific margin policies. The data should be viewed as a snapshot of potential risk rather than a precise prediction. Conclusion The $79,956 and $83,110 price levels represent significant leverage concentration points for Bitcoin. Traders should monitor these thresholds closely, as a breach in either direction could lead to heightened volatility and rapid price movements. Understanding liquidation dynamics is essential for navigating the current market environment. FAQs Q1: What does a liquidation cascade mean for Bitcoin prices? A liquidation cascade occurs when forced selling or buying at key price levels amplifies a price move. If Bitcoin drops to $79,956, the automated closure of long positions could push prices lower, creating a self-reinforcing downward trend. Q2: How reliable is the CoinGlass data? CoinGlass aggregates data from major centralized exchanges and is widely used by traders. However, actual liquidation amounts may differ due to factors like funding rate adjustments, open interest changes, and exchange-specific margin policies. Q3: Should I adjust my trading strategy based on this data? Traders should be aware of these liquidation clusters as they represent zones of potential volatility. Setting stop-loss orders and managing leverage carefully can help mitigate risk during periods of heightened market sensitivity. This post Bitcoin Faces $616 Million Liquidation Risk if BTC Price Drops to $79,956 first appeared on BitcoinWorld .