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Big Stablecoin Haul Moving to Gemini, Perhaps a Bullish Signal

@brianq
1 min read
29.04.2025
XRP
ETH
BTC
GUSD


💸 Gemini Dollar's level of supply on exchanges has skyrocketed from just under 48% to just over 62%, largely due to $6.6M worth of transfers around 7 hours ago from a whale, moving 10% of the entire $GUSD supply from a cold wallet to Gemini. Historically, stablecoin whale movement is a strong signal of planned purchases of traditional cryptocurrencies, such as Bitcoin, Ethereum, or XRP.


This could be a strong sign of another breakout, assuming world economies stay relatively stable and retail traders don't get overly greedy as prices creep up. Monitor the biggest whale transfers to centralized exchanges, and sort by the largest value transactions, highest percentage of a coin's market cap, which are the most recent, and plenty more on this FREE Santiment dashboard.

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Featured in this Insight

Gemini Dollar GUSD

$ 0.999830
-0.0168%
in last 7d

Ethereum ETH

$ 2935.89
17.46%
in last 7d

Bitcoin BTC

$ 117480.17
8.74%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d

HarryPotterObamaPacMan8Inu XRP

$ 0.006104
26.6%
in last 7d

XRP Ledger XRP

$ 2.723725
23.2%
in last 7d
XRP
ETH
BTC
GUSD

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