The post As Markets Free Fall, Is New Crypto Meme Index a Safe Buy? appeared on BitcoinEthereumNews.com.

One crypto whale made $6.8M off a big bet over the weekend. But in the wake of a flurry of crypto news, both good and bad – and mostly bad – the rest of us are thinking: Why is crypto down now – again? The answer is complicated and doesn’t paint a great picture for the short term. It’s a good time to play things safe, and fortunately, there are a number of new crypto projects, like Meme Index, that can help you do just that. What Did the Whale Know? Crypto whales making big bets is nothing new. That’s simply how the crypto world works, and not all of those bets pay off. But the timing of Sunday’s bet was suspicious. The whale placed a leveraged $6M bet on Hyperliquid, increasing the return potential of his position but also increasing the chance that it would be liquidated and turn into a $2M loss.The crypto whale has made waves in the market by executing a massive transaction, moving 1,000 BTC ($90 million) from a cold wallet to Binance. This unexpected transfer has fueled speculation about a potential sell-off, triggering market jitters and increasing volatility as traders closely monitor Bitcoin’s price movements. That timing has led to a lot of speculation that the whale knew what was going to happen. Of course, going long on the world’s two leading cryptos is hardly a genius-level investment play, and Trump’s own World Liberty Financial holds about 17% of its total $87M portfolio in $ETH. But the timing is curious. Then there’s the mysterious hour-long gap between Trump’s initial announcement—which referenced $XRP, $ADA, and $SOL—and his follow-up post that finally mentioned $BTC and $ETH. It raises an interesting question: Who noticed the glaring omission? And more importantly, who made sure it was corrected? One…

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Filed under: News - @ March 4, 2025 4:22 pm