{"id":6723,"date":"2025-01-08T21:02:57","date_gmt":"2025-01-08T21:02:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6723"},"modified":"2025-01-08T21:02:57","modified_gmt":"2025-01-08T21:02:57","slug":"bitcoin-ethereum-dogecoin-lower-corrections-are-typically-short-lived-trader-prefers-not-going-to-89000-to-90000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6723","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Lower ‘Corrections Are Typically Short-Lived,’ Trader Prefers Not Going To $89,000 To $90,000"},"content":{"rendered":"
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Cryptocurrency markets continued to slide lower on Wednesday.<\/p>\n

<\/p>\n\n\n\n\n\n\n\n\n\n
Cryptocurrency<\/strong><\/td>\nPrice\u00a0\u00a0\u00a0<\/strong><\/td>\nGains +\/-<\/strong><\/td>\n<\/tr>\n
Bitcoin<\/strong> (CRYPTO: BTC<\/a>)<\/td>\n$94,201.98<\/td>\n-2.3%<\/td>\n<\/tr>\n
Ethereum<\/strong> (CRYPTO: ETH<\/a>)<\/td>\n$3,279.33<\/td>\n-3.2%<\/td>\n<\/tr>\n
Solana<\/strong> (CRYPTO: SOL<\/a>)<\/td>\n\u00a0$194.57<\/td>\n-4.9%<\/td>\n<\/tr>\n
XRP <\/strong>(CRYPTO: XRP<\/a>)<\/td>\n\u00a0$2.32<\/td>\n+1.9%<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)<\/td>\n\u00a0$0.3362<\/td>\n-4.8%<\/td>\n<\/tr>\n
Shiba Inu<\/strong> (CRYPTO: SHIB<\/a>)<\/td>\n\u00a0$0.00002113\u00a0<\/td>\n-3.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Notable Statistics:<\/strong><\/p>\n

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  • IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%. Transactions greater than $100,000 are up from 11,574 to 10,613 in a single day. Exchanges netflows are down by 401.2%.<\/li>\n
  • Coinglass data reports 241,241 traders were liquidated in the past 24 hours for $643.68 million. Bitcoin derivates volume spiked 17.3% to $123.2 billion.<\/li>\n
  • Quinten Francois noted whales are accumulating Bitcoin.<\/li>\n<\/ul>\n

    <\/p>\n
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    Whales are accumulating #Bitcoin<\/a> \ud83d\udc40 pic.twitter.com\/a9EcHWr3En<\/a><\/p>\n

    \u2014 Quinten | 048.eth (@QuintenFrancois) January 8, 2025<\/a><\/p>\n<\/blockquote>\n