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September is often tough for #Bitcoin, but will this year break the trend when...? 🧐

1️⃣ Negative Augusts may help to avoid negative Septembers.
2️⃣ Major selling pressures have cleared.
3️⃣ Long-term holders remain strong.
4️⃣ BTC ETFs can be a renewed buying force.
5️⃣ Favorable interest rates, capital, and regulations support the market.

Stay tuned and follow @spotonchain for more updates now, as #Bitcoin may surprise us all this September!

👉 More details: https://platform.spotonchain.ai/en/signal-details/analysis-of-bitcoins-potential-performance-in-september-2024-166583

A smart whale with a $62M profit withdrew 1,100 $BTC ($64.2M) from #Binance 15 hours ago.

This whale is skilled at buying #Bitcoin at lows and selling at highs:
• accumulated 2,947 $BTC (most of its holdings) during the pre-pump period (Nov 2023 - Jan 2024) at $44,300 on average;
• strategically unloaded 315 $BTC at several local highs in Mar and Aug, averaging $60,384.

Current holding: 3,823 $BTC ($227M).
Estimated total profit: $61.8M (+34%).

Follow @spotonchain and monitor the whale’s next moves via https://platform.spotonchain.ai/en/profile?address=1KuPikhUYtHz3fmSQ2UvotpUuN672NuEcm

🚨 A super early $MKR holder has sold after over 7 years!

- This holder bought 451.5 old $MKR in 2017 when the price was around $23 (the inception of $MKR)
- This holder just sold 251.5 $MKR ($408K) for 172.5 $ETH ~5 hours ago at $1,624 (x70)

#MakerDAO is down 24% since the rebrand to #Sky, partly due to market conditions and the criticism over its "freeze function".

👉 More Details: platform.spotonchain.ai/signal-details/super-early-holder-sold-the-first-25153-mkr-408k-after-over-7-years-168917

$NEIROETH nosedives 42% while $NEIRO skyrockets ~1000% over night after #Binance’s listing decision.

We noticed that:

1️⃣ Traders earn massive ROIs from the rise of $NEIRO:

- Super early holder “0x6ac” is making $1.77M (x45).
- Sniper “0xc05” is making $619K (x2) in less than a day after using #BananaGun bot.
- Trader “0x090” took a $302K (x6) profit after only 4 days.

2️⃣ #Wintermute appears to accumulate $NEIROETH even the big price drop:

In the past 24 hours, Wintermute Trading added another 19.11M $NEIROETH, bringing their total holding to 55.36M $NEIROETH ($4.11M).

👉 For more details, check out our full signal via https://platform.spotonchain.ai/en/signal-details/on-chain-highlights-about-neiroeth-and-neiro-after-binances-listing-decision-173735

🚨🚨 Exchange @BingXOfficial may be under attack

Over $27M worth of various crypto assets were suspiciously drained from #BingX in the past 4 hours and are being swapped to $ETH.

Currently, the alleged attacker’s addresses already hold 7,225 $ETH ($17.7M) and 11,467 $BNB ($6.44M).

The BingX Web platform is also now under temporary maintenance of the wallet system, during which withdrawals and other services will be suspended.

Follow @spotonchain and check out the alleged attacker’s addresses via this entity at https://platform.spotonchain.ai/en/platform/entity/2267

$NEIRO (Neiro Ethereum) seems to be in an accumulation phase according to our latest on-chain data:

1/ Whale 0x6ab accumulated 17.7M $NEIRO in the last 7 days at an average price of $0.086.

2/ Whale 0x9Ba bought 17.5M $NEIRO on Sept 6 at $0.154. While profitable with $FET, this whale hasn’t fared as well with meme coins.

3/ Whale 0xAB5 accumulated 6M $NEIRO, DCAing over the past month at $0.128, having made good profits with $PEPE in the past.

4/ Whale 0x1ED accumulated 8.6M $NEIRO at $0.116, has sold some without profit, and now holds 5.6M. It has previously profited from $ETHFI, $SYN, and $PENDLE.

5/ Lastly, #Wintermute, a market maker, continues to hold a large amount of 52.97M $NEIRO ($4.97M), ~5.3% of the total supply.

With a market cap still under $100M and recent signs of increased decentralization in the past weeks, will Binance consider listing it on spot after all 🧐?

Details: https://x.com/spotonchain/status/1839596800031998301

🎉 Bitcoin closed September with a 7.35% increase, making it the best September on record, just as we predicted.

While many expected a decline, Spot On Chain's AI models accurately forecasted a green September month, considering various factors.

Our model continues to predict an uptrend for Q4, and we anticipate a strong October. There's a 69% chance of a new all-time high this month and a 54% chance of Bitcoin reaching $100K by year-end.

Subscribe to our premium package for more insights: https://platform.spotonchain.ai/en/premium