Popcat’s $100 mln volume spike and whale buy-up: Is $0.45 near?

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Key Takeaways

Popcat, like a cat pouncing on a mouse, surged 12.89% to reach a monthly high of $0.41 before gracefully retreating to a more modest $0.39. Meanwhile, the whales, the undisputed titans of the crypto sea, have increased their holdings by a staggering 43.57%, now sitting pretty at $634.09 million.

Popcat [POPCAT], that ever-elusive memecoin, leapt 12.89%, bouncing off a rather humble $0.34 to hit the lofty heights of $0.4117, only to retract (because who doesn’t love a dramatic twist?) to $0.39 as of this writing. The audacity!

During this epic rise, Popcat’s trading volume experienced a meteoric 76.23% spike to $100 million, as if the crypto heavens themselves were applauding the increased on-chain activity.

But what, pray tell, could be the cause of Popcat’s continued upward trajectory? A mysterious force at play? A shift in the stars?

Popcat whales drive the rally

Ah, yes, the whales. The true masterminds behind this rally. After orchestrating Popcat’s breakout from its dull consolidation phase just four days ago, these magnificent creatures have returned to attempt yet another upward leap. If they were any more cunning, we’d start questioning if they were plotting world domination.

According to Nansen (the oracle of all things crypto), the top holders have increased their share by a mere 43.57%, now commanding a jaw-dropping $634.09 million. This has led these top addresses to control 64.67% of the entire supply. Who knew whales were such hoarders?

So, what did these magnificent beings do next? They bought 3.76 million tokens, only to offload 2.64 million, giving them a positive Balance Change of 1.21 million. Truly, a marvel of market manipulation (or is it just a well-timed purchase?).

A positive balance, mind you, is the telltale sign of whales indulging in a feeding frenzy. A clear indication that the larger entities have a very real conviction in the market. Or perhaps they just enjoy the thrill of the chase. 🦈

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When long positions dominate the scene, it’s a resounding declaration that investors are confidently betting on further price hikes. Because who doesn’t love a little gamble, right?

Retailers are cashing out aggressively

And now, a twist! While the whales are having their day in the sun, small-scale investors are scurrying to exit the market like mice in a maze. According to Coinalyze (they’re basically crypto detectives), Popcat has recorded three consecutive days of a negative Buy-Sell Delta.

On July 14th, Popcat saw a Sell Volume of 8.37 million compared to a modest 8.10 million in Buy Volume. Thus, a negative Buy-Sell Delta of -266k was recorded, a pattern that’s been playing out since July 11th. Talk about retail drama!

Can Popcat hold recent gains?

According to AMBCrypto (the prophets of our time), Popcat has made significant strides due to aggressive whale accumulation. But can this uptick be sustained? Will the whales continue to feed their crypto addiction at the same pace? Only time will tell.

For the trend to hold, the whales must keep up their voracious buying habits. If that happens, Popcat could very well reach the fabled $0.45 mark. 🏆

But, if retailers continue to bail out while whale momentum begins to wane, the inevitable correction will rear its ugly head. We may soon find Popcat tumbling down to the familiar $0.35 support. It’s a classic tale of rise and fall. 🍿

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2025-07-15 03:18