According to Lookonchain, Dave Portnoy created the cryptocurrency $Greed and purchased 357.92 million $Greed tokens, which accounted for 35.79% of the total supply. He subsequently sold all of these tokens in a single transaction, leading to a 99% price crash of $Greed. This sale resulted in a profit of approximately $258,000 for Portnoy. The incident highlights the substantial impact large holders can have on cryptocurrency prices, stressing the importance of liquidity and market depth for traders.

According to Lookonchain, Dave Portnoy created the cryptocurrency $Greed and initially acquired 357.92 million tokens, representing 35.79% of its total supply. He proceeded to sell his entire holding in a single transaction, leading to a 99% price crash of the token. Portnoy profited approximately $258,000 from this transaction, as reported by Lookonchain.

According to @doctortraderr, ACH is currently at a crucial support level marked by a yellow trendline. A breach of this trendline could lead to a potential drop into a designated yellow box area. If ACH fails to maintain support within this box, the price may crash to $0.028, indicating a significant trading risk.

According to Cas Abbé, Argentina's president was initially associated with launching a memecoin named $LIBRA. Insiders reportedly made $107 million by selling early. The president later denied any links to the coin, causing a 97% price crash.

According to Lookonchain, Bitcoin experienced a major price crash recently, raising questions about its future trajectory. The analysis involves using five key indicators to determine if Bitcoin has reached its peak. This includes examining market trends, trading volumes, and investor sentiment, all crucial for traders to assess potential future movements in Bitcoin's price. Lookonchain provides data-driven insights, suggesting that traders should closely monitor these metrics for informed decision-making.

According to Lookonchain, a significant Ethereum holder, or 'whale,' sold approximately 28,554 ETH (valued at $64.4 million) following the price crash on September 7. The sale was made to pay off all debts on the Aave platform, resulting in a loss exceeding $17 million. This whale had accumulated around 30,500 ETH at an average price of $2,850 between December 18, 2023, and July 31, 2024.