Bitcoin
Bitcoin (BTC)
$125,742.00 2.05268
Bitcoin price
Ethereum
Ethereum (ETH)
$4,716.35 4.23889
Ethereum price
BNB
BNB (BNB)
$1,222.13 4.85626
BNB price
Solana
Solana (SOL)
$236.66 2.61146
Solana price
XRP
XRP (XRP)
$3.04 1.3665
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 2.49888
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 3.02158
Pepe price
Bonk
Bonk (BONK)
$0.0000218 6.73277
Bonk price
dogwifhat
dogwifhat (WIF)
$0.804607 2.15528
dogwifhat price
Popcat
Popcat (POPCAT)
$0.249669 4.45564
Popcat price
Bitcoin
Bitcoin (BTC)
$125,742.00 2.05268
Bitcoin price
Ethereum
Ethereum (ETH)
$4,716.35 4.23889
Ethereum price
BNB
BNB (BNB)
$1,222.13 4.85626
BNB price
Solana
Solana (SOL)
$236.66 2.61146
Solana price
XRP
XRP (XRP)
$3.04 1.3665
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 2.49888
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 3.02158
Pepe price
Bonk
Bonk (BONK)
$0.0000218 6.73277
Bonk price
dogwifhat
dogwifhat (WIF)
$0.804607 2.15528
dogwifhat price
Popcat
Popcat (POPCAT)
$0.249669 4.45564
Popcat price
Bitcoin
Bitcoin (BTC)
$125,742.00 2.05268
Bitcoin price
Ethereum
Ethereum (ETH)
$4,716.35 4.23889
Ethereum price
BNB
BNB (BNB)
$1,222.13 4.85626
BNB price
Solana
Solana (SOL)
$236.66 2.61146
Solana price
XRP
XRP (XRP)
$3.04 1.3665
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 2.49888
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 3.02158
Pepe price
Bonk
Bonk (BONK)
$0.0000218 6.73277
Bonk price
dogwifhat
dogwifhat (WIF)
$0.804607 2.15528
dogwifhat price
Popcat
Popcat (POPCAT)
$0.249669 4.45564
Popcat price
Bitcoin
Bitcoin (BTC)
$125,742.00 2.05268
Bitcoin price
Ethereum
Ethereum (ETH)
$4,716.35 4.23889
Ethereum price
BNB
BNB (BNB)
$1,222.13 4.85626
BNB price
Solana
Solana (SOL)
$236.66 2.61146
Solana price
XRP
XRP (XRP)
$3.04 1.3665
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 2.49888
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 3.02158
Pepe price
Bonk
Bonk (BONK)
$0.0000218 6.73277
Bonk price
dogwifhat
dogwifhat (WIF)
$0.804607 2.15528
dogwifhat price
Popcat
Popcat (POPCAT)
$0.249669 4.45564
Popcat price

INJ hits new all-time high as whale activity doubles

Markets
INJ hits new all-time high as whale activity doubles

Injective (INJ) has recorded impressive gains since December 2023 and recently touched a new all-time high (ATH).

INJ is up by 15% in the past 24 hours and is trading at $48.8 at the time of writing. The asset reached a new ATH of $52.65 at 01:00 UTC on March 13 with a total market cap of $4.92 billion. 

INJ hits new all-time high as whale activity doubles - 1
INJ price, RSI, exchange outflow and whale activity – March 13 | Source: Santiment

Notably, it’s the second time in the past two weeks that INJ hit record highs as the market-wide bull run continues. 

According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of INJ tokens rallied by 90% over the past day — rising from 56 to 106 unique transactions per day.

Higher price volatility is usually expected when an asset’s whale activity witnesses a sudden hike.

Moreover, data from Santiment shows that Injective’s exchange flow balance has been consistently declining since March 9. Per the market intelligence platform, investors sent over 134,000 INJ tokens — worth $6.6 million — from cryptocurrency exchanges to their self-custodial wallets over the past 24 hours.

The accumulation shows that some investors are looking for long-term investments rather than short-term profits.

On the other hand, INJ’s Relative Strength Index (RSI) recorded a 7% hike in the past 24 hours — rising from 61 to 65. The indicator suggests that Injective is slightly overheated at the moment and an RSI of lower than 60 would signal a bullish momentum