Hedera (HBAR) has been trudging down the financial garden path, whimpering all the way into September. Once a hero of the crypto jungle, soaring over 350% earlier this year – now it’s as forgettable as last week’s lunch. Despite a 8.8% slip since mid-August, some big fish (whales, not whales in water, sadly) are quietly stuffing their wallets. Hmm, funny how they only do it when everyone’s panicking, isn’t it?
While HBAR’s been falling faster than a teapot from a tall shelf, these big investors are adding more tokens to their treasure chests-clearly ignoring the screaming chart. But hold onto your hats, all is not sunshine and unicorns. Technical mumbo jumbo suggests we’re in for a bumpy ride.
Whales Are Snacking on Over $11 Million Worth of HBAR – While the Price Flops!
On-chain snooping shows the giant fish-the whales-are gobbling up Hedera. Over the past week, the wallet whales holding a million or more HBAR have puffed up their stacks. The 1 million HBAR club grew from 84.33 to 86.30 whale wallets-adding about 1.97 million tokens, worth a nifty $445,000 at the current $0.226 price, as if stuffing a piggy bank with shiny coins.
The serious big boys-those holding at least 10 million-swelled from 108.62 to 113.45 whales. That’s a whopping 48.3 million tokens, enough to make you gasp-worth roughly $10.92 million, enough to buy a small island (or a lot of ice creams).
All in all, these watchdog-sized investors have snagged more than 50 million HBAR (cue dramatic music), valued at nearly $11.36 million. They’re clearly the gamblers in the casino, giggling while the market grumbles. This steady binge hints that big money isn’t willing to quit just yet, even if the price’s slide is longer than a Monday morning.
But beware! Just because whales are hunting for treasure doesn’t mean the whole tide is turning. Retail traders-those pesky tiny fish-might be selling faster than hotcakes. To keep an eye out, technical indicators like RSI divergence whisper warnings in your ear that the storm might still be brewing.
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Hidden Bearish Divergence – The Sneaky Nasty Signal
The Relative Strength Index, or RSI, is like that friend who tells you when you’ve had one too many cookies-measuring if an asset’s rally is overdone or undercooked. When price dips but RSI jumps higher, it’s a sneaky sign that the market might be fibbing-showing strength on the surface but really just fake bravado.
On the 4-hour chart, HBAR is throwing a sneaky party-the price is making lower highs, but RSI says, “Nah, still OK!” A classic wolf-in-sheep’s-clothing pattern suggesting the sellers are lurking, ready to pounce again. The whales might be hush-hushing, but the retail crowd’s still screaming sell.
This divergence is like trying to dance on a tightrope-pretty, but dangerous. It warning us that HBAR might continue slipping, especially if the small guys keep selling while the whales hold onto their toys, pretending everything’s fine.
HBAR’s Price Levels – The Fine Line Between a Dip and a Dive
Looking at the daily chart is like peering into the crystal ball. If HBAR falls below $0.219, the drop could turn into a free fall-like that feeling when you realize you forgot your umbrella in a rainstorm. But if it gets back above $0.240, it’s like grabbing an umbrella just in time to keep the rain off your face.
And if it surges past $0.260? Call the fire brigade-the trend might flip! Until then, it’s just a game of ‘Will it or Won’t it?’-where the answer could be “probably not” until the chart gods speak louder.
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2025-08-31 21:26