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Tag: Whale

  • New rules allow for cleanup of ‘ghost gear’

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    BOSTON — State fisheries managers unveiled new rules this week aimed at reducing discarded fishing line and other waste that scientists say harms marine life, including sea turtles and critically endangered North Atlantic right whales.

    The state Division of Marine Fisheries said Tuesday the new regulations, which take effect Friday, will strike a balance between the need to clean up derelict fishing gear to protect marine life and “continuing to protect functional fishing gear and minimizing conflicts on the water.”

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    By Christian M. Wade | Statehouse Reporter

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  • Ripple (XRP) Whales Step Up as Taker Demand Flips Bullish

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    XRP’s slump has failed to deter whales, who are actively buying as taker CVD turns positive.

    Ripple (XRP) traded in a choppy range over the past week. It started near $2.06 before slipping lower and then briefly climbing above $2.15 around December 10. The token underwent a minor drawdown the very next day before stabilizing and is currently trading at $2.04.

    Despite the pullback, a new analysis revealed that whales appear to be snapping up Ripple tokens.

    Massive Whale Moves

    XRP is seeing increased activity from large holders even as the token trades near its lowest level of the year, according to on-chain data firm CryptoQuant. The firm said whale accounts continue to dominate XRP trading during the recent price decline, a pattern it associates with bottoming phases.

    CryptoQuant explained that whales tend to accumulate before potential recoveries rather than during uptrends. It added that XRP’s Spot Taker Cumulative Volume Delta has turned buyer-dominant in recent sessions, which indicates rising purchasing interest.

    Additionally, XRP is showing signs of major activity on South Korean exchanges, where the token has long held a strong trading presence. Upbit, which happens to be one of the largest holders and busiest markets for XRP, is seeing its first meaningful increase in XRP withdrawals since 2023. The uptick comes as the asset recently posted a short-term price decline, and outflows from Upbit have begun to form a broader trend.

    While small withdrawals still dominate, CryptoQuant said the pattern points to an emerging shift in the crypto asset’s market behaviour.

    Targets For XRP

    Crypto analyst CasiTrades said XRP continues to defend its macro 0.5 Fibonacci support near $2.03, with the token undergoing another critical test of that level. As long as $1.97 holds, a deeper retracement is not confirmed. According to her analysis, the macro resistance remains at $2.41, which, if broken, could trigger a bullish scenario with targets near $2.75 and $2.90.

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    On the other hand, if the $1.97 support fails, the crypto asset could move toward $1.64.

    Developments like Hex Trust’s launch of wXRP could support XRP’s price by expanding its accessibility across multiple blockchains, including Ethereum, Solana, and Optimism. By enabling cross-chain trading, DeFi participation, and integration with Ripple’s stablecoin RLUSD, wXRP may attract more retail, institutional, and liquidity provider activity.

    The initial $100 million in total value locked could help stabilize pricing and reduce slippage, while the regulated, insured custody framework adds confidence for large investors. Increased utility, easier cross-chain transfers, and improved market infrastructure could collectively boost demand for XRP, and potentially end up supporting upward price momentum over time.

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    Chayanika Deka

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  • Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange

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    A long-dormant Bitcoin stash moved into an exchange this week, renewing worries about old coins re-entering the market and the effect that could have on prices.

    Related Reading

    Mt. Gox Origins And Staggering Returns

    According to blockchain tracker Lookonchain, a cluster of addresses tied to coins pulled from Mt. Gox more than 13 years ago sent 300 BTC to Binance in a single transaction.

    Those coins were reportedly bought at about $11 each, meaning the original outlay was roughly $8,151. The transfer is now worth about $33.47 million, a mark-up of roughly 410,624%. Reports have disclosed that about 590 BTC still remain in the same group of addresses.

    Wallet Activity And What Changed

    Last year, the same owner moved 159 BTC into a new wallet and then left it untouched. This recent move is different because the coins arrived in an exchange hot wallet, where they can be sold quickly.

    Traders and market watchers noted the difference: one action kept coins on the chain, the other put them within reach of an order book. Whether the owner chooses to sell some or all of the 300 BTC is not known, but the presence of those funds on Binance makes rapid selling possible.

    Market Moves And Flows

    Bitcoin’s price recovered to about $115,000 on Monday, after dipping to $102,000 on Friday. That drop triggered billions in liquidations and left traders on edge.

    Based on figures, ETFs recorded $2.7 billion in inflows over the last week, and institutional demand showed resilience despite the volatility. Still, the market’s calm is fragile; a large sell order from an old holder could change short-term supply dynamics quickly.

    BTCUSD now trading at $114,199. Chart: TradingView

    The move was flagged by on-chain analysts and then amplified across social platforms. Exchange inflows from wallets tied to early-era miners or Mt. Gox addresses tend to draw attention because they signal supply that was previously dormant coming back into circulation. In this case, the numbers are large enough to get traders’ attention.

    Possible Scenarios And Risks

    If some of the 300 BTC is sold, price pressure may increase, particularly during thin trading windows. Alternatively, the transfer could be part of estate consolidation or a decision to move funds to cold storage, in which case selling may not follow.

    Related Reading

    Market participants will watch wallet behavior closely: rapid withdrawals to multiple exchange addresses, for example, would likely be interpreted as a selling sign.

    Featured image from Gemini, chart from TradingView

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    Christian Encila

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  • Ripple (XRP) Price Prediction: Is $13 Possible This Year? (Analyst)

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    Ripple (XRP) climbed to $3.10 last week, but a wave of profit-taking erased the gains and pushed it back to $2.80. But the crypto asset is showing powerful breakout signals, with key Fibonacci supports holding firm.

    Crypto analyst CasiTrades believes XRP may be on the verge of a major breakout, citing strong technical signals and a completed consolidation pattern that could set the stage for an impulsive upward move.

    XRP Breakout Brewing

    According to her analysis on X, XRP’s recent price action shows strength, as all local lows have held above the macro 0.5 Fibonacci retracement level at $2.79, a critical support zone that has withstood multiple retests. She noted that the asset has broken out of its consolidation structure, followed by a successful backtest that aligned with the 0.618-0.65 golden retracement levels, reinforcing bullish momentum.

    From an Elliott Wave Theory standpoint, CasiTrades explained that XRP may currently be forming a subwave 2, potentially preceding a larger wave 3 rally. Consolidation, she added, often serves to “exhaust the market and confuse traders,” but the failure to break below major support levels typically indicates strength.

    “The fact that nothing has fallen through is technically a bullish sign. Markets don’t typically top with consolidation, so most likely we’ll see a wave to new ATHs!”

    Drawing historical parallels, the analyst recalled XRP’s seven-year consolidation before its previous breakout from $0.50 to $3.66, and described it as a precedent for long-term accumulation phases leading to explosive rallies. While near-term price surges could be limited to the $4.50-$6.50 range, she maintains that macro targets between $8 and $13 remain achievable if momentum continues.

    Whale Exodus and Bearish Patterns

    Not everyone shares the growing optimism around XRP’s price trajectory. Another prominent crypto analyst, Ali Martinez, observed that XRP is moving within a descending triangle pattern, a formation that typically leads to a breakout or breakdown. The crucial level to watch, he noted, is $2.72, which has held since July.

    Meanwhile, Veteran trader Peter Brandt compared XRP’s current formation to a 1946 chart of Revere Copper & Brass, and warned that a close below $2.687 could trigger a decline toward $2.22.

    The sale of 440 million XRP by whales in just 30 days further highlighted the short-term risk surrounding the token’s price outlook. Wallets holding between 1 million and 10 million XRP have collectively reduced their balances from 6.95 billion to 6.51 billion XRP over the past month. This offloading coincides with XRP’s recent decline, which could intensify downside pressure if sentiment does not recover.

    The post Ripple (XRP) Price Prediction: Is $13 Possible This Year? (Analyst) appeared first on CryptoPotato.

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    Chayanika Deka

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  • ‘Definitely rattling’: Fishermen encounter humpback whales up close

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    Two humpback whales came dangerously close to a boat off the coast of New Hampshire on Tuesday.An exclusive video sent to News 9 shows the whales breaching before one surfaced for air and swam directly under the vessel. Captain Dale Sprague and his first mate, Matt Hamilton, said they were haddock fishing about six or seven miles past the Isles of Shoals when they spotted the whales.”Just really kind of bottom fishing, so sitting around, and whales were all over the place, and then they started to get a little bit closer, it seemed,” Hamilton said.Both said they have seen whales before, but being this close was rattling.”Pretty good-sized whale jumping to the right of us. And then as that one landed, another one kind of to the left, very close to the boat. And then as we looked behind, we could see one kind of coming at us. And that’s when I got a little freaked out,” Hamilton said. The fishermen’s boat was a fraction of the whale’s size. “That whale seemed to be about probably three times the size of what we had,” Sprague said. The team quickly pulled in their lines and moved farther away. “It definitely will rattle you, to go get some life jackets and think about what can actually happen,” Sprague said. Experts said seeing humpbacks breach is rare.”You’re considered lucky if you see it,” said Ashley Stokes, director of Marine Mammal Conservation. “They’ll sometimes do it as a method of play and then on top of that, they may also be doing it to rid themselves of parasites or skin irritants.”While breaching is not a sign of aggression, Stokes advises anyone out on the water to stay aware of whales in the area.Despite the close encounter, Sprague and Hamilton said it won’t keep them off the water.Last July, a humpback whale crashed into a boat in Portsmouth Harbor. Both of the fishermen on board had to be rescued by people nearby. They were uninjured.

    Two humpback whales came dangerously close to a boat off the coast of New Hampshire on Tuesday.

    An exclusive video sent to News 9 shows the whales breaching before one surfaced for air and swam directly under the vessel.

    Captain Dale Sprague and his first mate, Matt Hamilton, said they were haddock fishing about six or seven miles past the Isles of Shoals when they spotted the whales.

    “Just really kind of bottom fishing, so sitting around, and whales were all over the place, and then they started to get a little bit closer, it seemed,” Hamilton said.

    Both said they have seen whales before, but being this close was rattling.

    “Pretty good-sized whale jumping to the right of us. And then as that one landed, another one kind of to the left, very close to the boat. And then as we looked behind, we could see one kind of coming at us. And that’s when I got a little freaked out,” Hamilton said.

    The fishermen’s boat was a fraction of the whale’s size.

    “That whale seemed to be about probably three times the size of what we had,” Sprague said.

    The team quickly pulled in their lines and moved farther away.

    “It definitely will rattle you, to go get some life jackets and think about what can actually happen,” Sprague said.

    Experts said seeing humpbacks breach is rare.

    “You’re considered lucky if you see it,” said Ashley Stokes, director of Marine Mammal Conservation. “They’ll sometimes do it as a method of play and then on top of that, they may also be doing it to rid themselves of parasites or skin irritants.”

    While breaching is not a sign of aggression, Stokes advises anyone out on the water to stay aware of whales in the area.

    Despite the close encounter, Sprague and Hamilton said it won’t keep them off the water.

    Last July, a humpback whale crashed into a boat in Portsmouth Harbor.

    Both of the fishermen on board had to be rescued by people nearby. They were uninjured.

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  • Did a Whale Just Signal a PEPE Bull Run? On-Chain Data Suggests It’s Happening

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    A whale has just made headlines across the crypto X community after making the largest PEPE purchase on Kraken ever.

    However, declining user activity, major investors selling off, and the influence of whales suggest it could be setting up for a risky pump-and-dump rather than a genuine bull run.

    Whale Scoops Up $16M in PEPE

    On-chain analytics platform Lookonchain identified the buy, revealing that a newly created wallet had acquired more than 1.52 trillion PEPE tokens worth almost $16 million from Kraken. X user bike4sai shared that it is an institutional-scale purchase on a major exchange and ranks among the largest single transactions in the token’s history.

    Community chatter suggests that this could be the spark that finally sends PEPE to the moon. Analysts are pointing to what they call a “falling wedge” pattern on the coin’s chart, a technical setup that often leads to big price jumps.

    This is also occurring against a backdrop of a broader meme coin revival, with social media sentiment having flipped positively. September has seen renewed interest in coins like PEPE and Little Pepe due to presale momentum.

    Crypto influencers are throwing around some crazy price targets, ranging from modest 2x or 3x gains to speculative 100x moves that would put PEPE right up there with the big dogs.

    Something Doesn’t Add Up

    While most people are getting excited about this whale buy, some red flags are popping up. Third-party data shows user activity is declining, with smart money and public figure investors dumping their tokens. That’s not what you typically see during a real bull run. Big whales are buying, but regular investors aren’t jumping in, which is a recipe for disaster.

    When a few large players control the market, sudden swings are always a risk. Past meme coin cycles have shown the pattern clearly: whales buy in, retail traders rush to follow, and then whales sell off, leaving smaller investors with losses. The current situation around PEPE has similarities.

    This record-breaking purchase on Kraken may not signal the start of a bull run. Instead, it could be positioning for a pump-and-dump, with the whale using hype to attract interest before selling into the momentum.

    Typically, major investors avoid moves that attract this much attention. Only time will tell if this Kraken whale has genuinely started the next major PEPE rally, or if retail investors are about to learn another painful and costly lesson about following whale moves blindly.

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    Wayne Jones

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  • Ripple Price Defies XRP Whales Exodus With Surge to 2-Week Peak

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    TL;DR

    • The actions of large cryptocurrency investors, typically referred to as whales, have the ability to impact the markets with their large purchases or sell-offs.
    • However, that hasn’t been the case in the past 24 hours when it comes to the third-largest digital asset by market cap.

    Data from the popular analyst reveals that whales had disposed of over $120 million worth of XRP in the span of just a day. Although this is not among the most significant and most influential sell-offs in recent months, it could still trigger a domino effect for smaller investors as well.

    However, Ripple’s token has defied this development. Instead of feeling the selling pressure and heading below the crucial $3 support, which it had reclaimed in the past few days, XRP went on the offensive and jumped to almost $3.10.

    This became its highest price level since August 26, when it was rejected at $3.12 and pushed south to under $2.85. XRP sits at $3.05 as of press time, being up by 1.5% daily and almost 9% weekly. Its market cap has grown to over $180 billion.

    Analysts are adamant that the next rally is around the corner, with some outlining targets of over $4 and up to $5, which would set a new all-time high.

    On the much-observed ETF front, though, XRP continues to receive blows from the US regulator (the SEC), as the agency delayed making a decision on another spot Ripple fund earlier this week.

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    Jordan Lyanchev

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  • Ethereum Whales Boost Holdings by 14% in 5 Months as Price Targets $4,500

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    After a strong rally last month that catapulted Ethereum to a fresh all-time high near $5,000, the altcoin suffered a choppy price action.

    However, Ethereum is making a push to reclaim the crucial $4,500 level, as deep-pocketed ETH whales quietly load up in the background.

    Whale Buying Spree

    Ethereum is seeing steady accumulation from mid-sized whales and sharks holding 1,000-100,000 ETH.

    Over the past five months alone, these influential investors have boosted their holdings by 14%, amidst growing confidence, according to the latest data shared by Santiment. This trend started when ETH was trading near yearly lows of around $1,800-$1,400.

    Such a pattern can provide strong support for the altcoin’s ongoing price momentum. Beyond these mid-sized wallets, Altcoin Vector zooms in on specific whale cohorts and found that the buying activity from these hodlers also aligns with ETH’s broader price impulse.

    Its data revealed that Ethereum is breaking free from the bearish compression that has weighed on its price, but a decisive push beyond $5,000 depends on renewed whale accumulation. Their analysis highlights that between mid-July and August, mega whales holding at least 10,000 ETH, followed by large whales with 1,000-10,000 ETH, significantly increased their holdings.

    Interestingly, these periods of accumulation coincided with the development of Ethereum’s aggregate impulse, which points to the influence of strong hands on price momentum. For ETH to clear the all-time-high zone without stalling, a similar wave of conviction-driven accumulation is essential. While there is visible spot demand for Ethereum, derivatives-led speculation has played a larger role in moving the price recently.

    However, a breakout above resistance could change this, and boost spot-driven confidence to spark the next strong impulse. If such momentum materializes, Ethereum may finally overcome prior highs and establish itself firmly above the $5,000 threshold.

    500,000 ETH Leaves Exchanges

    The popular crypto analyst Ali Martinez reported that 500,000 ETH, worth around $2.1 billion, was withdrawn from centralized exchanges over the past week.

    Large-scale outflows like these are often interpreted as investors moving assets into self-custody, which can lower selling pressure on exchanges at a time when the asset is attempting to reclaim key resistance levels.

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    Chayanika Deka

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  • Contributor: It’s time to save the whales again

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    Diving in a kelp forest in Monterey Bay recently, I watched a tubby 200-pound harbor seal follow a fellow diver, nibbling on his flippers. The diver, a graduate student, was using sponges to collect DNA samples from the ocean floor. Curious seals, he told me, can be a nuisance. When he bags his sponges and places them in his collection net, they sometimes bite into them, puncturing the bags and spoiling his samples.

    Under the Marine Mammal Protection Act, coming closer than 50 yards to seals and dolphins is considered harassment, but they’re free to harass you, which seems only fair given the centuries of deadly whaling and seal hunting that preceded a generational shift in how we view the world around us.

    The shift took hold in 1969, the year a massive oil spill coated the Santa Barbara coastline and the Cuyahoga River, in Cleveland, caught fire. Those two events helped spark the first Earth Day, in 1970, and the shutdown of America’s last whaling station in 1971. Protecting the environment from pollution and from loss of wilderness and wildlife quickly moved from a protest issue to a societal ethic as America’s keystone environmental legislation was passed at around the same time, written by a Democratic Congress and signed into law by a Republican president, Richard Nixon.

    Those laws include the National Environmental Policy Act (1969) , the Clean Air Act (1970), the Clean Water Act (1972) and the Marine Mammal Protection Act (1972), which goes further than the Endangered Species Act (1973) in protecting all marine mammals, not just threatened ones, from harassment, killing or capture by U.S. citizens in U.S. waters and on the high seas.

    All these “green” laws and more are under attack by the Trump administration, its congressional minions and longtime corporate opponents of environmental protections, including the oil and gas industry. Republicans’ disingenuous argument for weakening the Endangered Species Act and the Marine Mammal Protection Act is that the legislation has worked so well in rebuilding wildlife populations that it’s time to loosen regulations for a better balance between nature and human enterprise. When it comes to marine mammal populations, that premise is wrong.

    On July 22, at a House Natural Resources subcommittee meeting, Republican Rep. Nick Begich of Alaska introduced draft legislation that would scale back the Marine Mammal Protection Act. Among other things, his proposal would limit the ability of the federal government to take action against “incidental take,” the killing of whales, dolphins and seals by sonic blasts from oil exploration, ship and boat strikes or by drowning as accidental catch (also known as bycatch) in fishing gear. Begich complained that marine mammal protections interfere with “essential projects like energy development, port construction, and even fishery operations.”

    Rep. Jared Huffman (D-San Rafael), the ranking member on the House Resources Committee, calls the legislation a “death sentence” for marine mammals.

    It’s true that the marine mammal law has been a success in many ways. Since its passage, no marine mammal has gone extinct and some species have recovered dramatically. The number of northern elephant seals migrating to California beaches to mate and molt grew from 10,000 in 1972 to about 125,000 today. There were an estimated 11,000 gray whales off the West Coast when the Marine Mammal Protection Act became law; by 2016, the population peaked at 27,000.

    But not all species have thrived. Historically there were about 20,000 North Atlantic right whales off the Eastern Seaboard. They got their name because they were the “right” whales to harpoon — their bodies floated for easy recovery after they were killed. In 1972 they were down to an estimated 350 individuals. After more than half a century of federal legal protection, the population is estimated at 370. They continue to suffer high mortality rates from ship strikes, entanglement in fishing gear and other causes, including noise pollution and greater difficulty finding prey in warming seas.

    Off Florida, a combination of boat strikes and algal pollution threaten some 8,000-10,000 manatees. The population’s recovery (from about 1,000 in 1979) has been significant enough to move them off the endangered species list in 2017, but since the beginning of this year alone, nearly 500 have died. Scientists would like to see them relisted, but at least they’re still covered by the Marine Mammal Protection Act.

    A 2022 study in the Gulf of Mexico found that in areas affected by the BP Deepwater Horizon oil spill 12 years earlier, the dolphin population had declined 45% and that it might take 35 years to recover. In the Arctic Ocean off Alaska, loss of sea ice is threatening polar bears (they’re considered marine mammals), bowhead and beluga whales, walruses, ringed seals and harp seals.

    On the West Coast the number of gray whales — a Marine Mammal Act success story and now a cautionary tale — has crashed by more than half in the last decade to fewer than 13,000, according to a recent report by National Oceanic and Atmospheric Administration (NOAA, the nation’s lead ocean agency, is an endangered species in its own right in the Trump era). Declining prey, including tiny shrimp-like amphipods, in the whales’ summer feeding grounds in the Arctic probably caused by warming water are thought to be a major contributor to their starvation deaths and reduced birth rates.

    The whale’s diving numbers are just one signal that climate change alone makes maintaining the Marine Mammal Act urgent. Widespread marine heat waves linked to a warming ocean are contributing to the loss of kelp forests that sea otters and other marine mammals depend on. Algal blooms off California, and for the first time ever, Alaska, supercharged by warmer waters and nutrient pollution, are leading to the deaths of thousands of dolphins and sea lions.

    What the Trump administration and its antiregulation, anti-environmental-protection supporters fail to recognize is that the loss of marine mammals is an indicator for the declining health of our oceans and the natural world we depend on and are a part of. This time, saving the whales will be about saving ourselves.

    David Helvarg is executive director of Blue Frontier, an ocean policy group. His next book, “Forest of the Sea: The Remarkable Life and Imperiled Future of Kelp,is scheduled to be published in 2026.

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    David Helvarg

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  • ‘Mind-blowing’ moment: Whale-watching tour spots white shark feeding off Santa Barbara coast

    ‘Mind-blowing’ moment: Whale-watching tour spots white shark feeding off Santa Barbara coast

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    A whale-watching tour got the photo opportunity of a lifetime when they spotted a rare white shark feeding from an elephant seal about 30 miles west of Santa Barbara.

    The group of about 50 people were aboard the Condor Express, which conducts whale watching tours daily through the Santa Barbara Channel, according to Capt. Dave Beezer, who has been working for the company for nearly 20 years.

    On Aug. 30, the group spotted the floating carcass of a dead elephant seal about 14 miles off the coast of Gaviota and Beezer knew to stick around in the area, he said. The seal’s head was missing so he thought a predator could be involved. Soon after, a 16-foot adult white shark emerged from the water and started feeding on the carcass.

    The Condor Express whale-watching tour near Santa Barbara spotted a white shark feeding on an elephant seal on Aug. 30.

    (Robert Perry / CondorExpressPhotos.com)

    “It was digging its jaws into the side of the seal and taking out big chunks and then it would go out of sight,” he said.

    White sharks, sometimes called great white sharks (Carcharodon carcharias), are the species featured in the 1975 classic film “Jaws.” The northeastern Pacific white shark population is on the rise and not at risk of becoming endangered in U.S. waters, according to the National Oceanic and Atmospheric Administration.

    The shark circled the boat and surfaced about four or five times to take a bite out of the seal. Robert Perry, who has been photographing the ocean since the late 1960s, was also onboard, acting as the Condor Express’ staff photographer. The only time he’s ever taken photos of white sharks was when they were swimming around or under a dead whale so they weren’t fully visible.

    Perry managed to capture several images of the white shark feeding.

    “It was completely mind-blowing and a rare opportunity,” Perry added. “It was the shot of a lifetime.”

    Beezer said he’s seen a white shark feed about four or five times in his lifetime. He emphasized the importance of the white shark to the region. Because San Miguel Island serves as a breeding ground for seals, the area has some of the largest seal populations in the world. White sharks keep some of those populations in check, he said.

    “It’s not this mindless, killing machine that we should all be terrified of,” he added. “It’s a calculating predator that plays an important role in the ocean ecosystem.”

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    Summer Lin

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  • Dormant Whale Sells 350 ETH, Reaping Massive 446x Gain

    Dormant Whale Sells 350 ETH, Reaping Massive 446x Gain

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    An early Ethereum (ETH) investor who received 16,636 ETH in 2016 has sold a portion of their holdings, marking an extraordinary return on investment.

    According to on-chain data shared by EmberCN, the whale originally acquired the Ethereum for $5.23 per token, totaling $87,135. As of September 16, 2024, that same amount of ETH is worth more than $37.6 million, representing an astonishing 446x increase in value.

    Slumbering Trader Makes $819K Profit

    The investor, who held onto their Ethereum for nearly eight and a half years, transferred the entire 16,636 ETH to a new wallet before selling 350 ETH at a price of $2,340 per token, realizing a profit of approximately $819,000.

    The sale came with the price of ETH hovering around $2,300, down from its recent one-month high of $2,820. However, despite the dip, the whale’s long-term holding strategy has paid off significantly.nTheir transaction comes in the wake of a series of notable Ethereum movements from other dormant wallets.

    Recently, several large inoperative addresses have come back to life, with huge amounts of ETH being transferred after years of inactivity. For instance, on August 7, over 789,000 ETH, valued at $2 billion, were moved from wallets that had been asleep for 3.3 years. These wallets were linked to the infamous PlusToken Ponzi scheme dismantled by Chinese authorities in November 2020.

    The movement raised curiosity within the crypto community, with many speculating whether the Chinese government was contemplating a move similar to Germany’s when the latter sold nearly 50,000 BTC confiscated from criminal enterprises.

    In another instance, a wallet containing over 2,000 ETH, last active during the Ethereum Initial Coin Offering (ICO) in 2014, reawakened on August 26 after more than nine years of dormancy. Its contents, originally worth $620, are now valued at more than $5 million.

    Long-Term ETH Holders in Profit

    At the time of this writing, the world’s second-largest cryptocurrency by market cap had seen 5.3% shaved off its price in 24 hours.

    Across 30 days, the loss is more marked, with ETH prices suffering an 11.8% dip in that period. Additionally, despite a slight 0.2% rise over the last seven days, ETH is underperforming the global crypto market, which is up by at least 1.30%.

    That being said, data shows that a majority of those holding the cryptocurrency are still making money. According to IntoTheBlock, 54% of the coin’s owners are in profit at the current price, with 74% holding onto their assets for over a year.

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    Wayne Jones

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  • WATCH: Young humpback whale soars into the air

    WATCH: Young humpback whale soars into the air

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    SCHEDULED TO OPEN IN 2026. YOU GOT TO TAKE A LOOK AT THIS VIDEO HERE. AN AMAZING SIGHT. LOOK AT THAT IN THE BOSTON HARBOR, BOATERS CAPTURING THE WHALE, BREACHING A LITTLE TOO CLOSE TO THEM. HOW WOULD YOU LIKE TO BE O

    A young humpback whale continues to be spotted by boaters in Boston Harbor, with videos showing the juvenile soaring into the air as it feeds on fish.New video from Wednesday showed the young humpback whale beaching very close to a boat fishing near Spectacle Island, about 1.5 miles from Castle Island in South Boston. The presence of the whale in a corridor busy with boat traffic prompted the MBTA to share a bulletin about its ferry service. “Ferry service may experience minor delays,” the MBTA warned on Wednesday, “due to the presence of a juvenile humpback whale in Boston Harbor.”The young whale is believed to be the same one that has been hanging around since late July in the harbor, where they have been seen in the past, but typically depart after just a few days. According to NOAA, large whales can be a safety hazard for recreational boaters and fishermen because they can surface unexpectedly and are hard to detect. As whales feed at the surface and close to shore, the chances of encountering one increase.

    A young humpback whale continues to be spotted by boaters in Boston Harbor, with videos showing the juvenile soaring into the air as it feeds on fish.

    New video from Wednesday showed the young humpback whale beaching very close to a boat fishing near Spectacle Island, about 1.5 miles from Castle Island in South Boston.

    The presence of the whale in a corridor busy with boat traffic prompted the MBTA to share a bulletin about its ferry service.

    “Ferry service may experience minor delays,” the MBTA warned on Wednesday, “due to the presence of a juvenile humpback whale in Boston Harbor.”

    The young whale is believed to be the same one that has been hanging around since late July in the harbor, where they have been seen in the past, but typically depart after just a few days.

    According to NOAA, large whales can be a safety hazard for recreational boaters and fishermen because they can surface unexpectedly and are hard to detect.

    As whales feed at the surface and close to shore, the chances of encountering one increase.

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  • Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

    Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

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    On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action

    Bitcoin Whale Purchases Almost $400 Million Worth Of BTC

    On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post that a Bitcoin whale (12QVs…oN2qo) has withdrawn 5,800 BTC ($387.88 million) from Binance in the past two days. This purchase suggests the whale anticipates higher prices from the flagship crypto soon enough and is looking to profit from such a price rally when the time comes. 

    Interestingly, this purchase comes amid a decline in Bitcoin’s price, meaning that the whale sees this as a ‘buy the dip’ opportunity. Bitcoin dropped to as low as $63,500 on July 31, having rebounded to almost $70,000 days ago. This price drop can be attributed to several factors, including concerns over reports that Iran had ordered a retaliatory attack against Israel for killing Hamas leader Ismail Haniyeh in Tehran. 

    The Federal Open Market Committee (FOMC) meeting was held on July 31, and the Federal Reserve left interest rates unchanged. Fed Chair Jerome Powell also said little to suggest that an interest rate cut could come in September, another factor contributing to Bitcoin’s recent decline. 

    Despite its recent decline, Bitcoin is expected to enjoy another rebound soon enough and possibly break above the $70,000 range on its next leg up and rise to an all-time high (ATH). Crypto analyst Michael van de Poppe recently mentioned that Bitcoin looks good to continue toward a new ATH next month as long as the flagship crypto stays above $60,000 to $62,000.

    Whales Heavily Accumulated BTC In July

    Data from the market intelligence platform IntoTheBlock shows that Bitcoin whales, holding at least 0.1% of BTC’s circulating supply, bought over 84,000 BTC in July. This represents these whales’ largest monthly wave of Bitcoin accumulation since October 2014. These investors looked to take advantage of the price dips that Bitcoin suffered in July. 

    Bitcoin’s price crashes in June extended into the beginning of July, as the flagship crypto dropped to as low as $55,000. However, this BTC accumulation from these whales paid off, as the crypto token enjoyed a massive rebound in the latter parts of July and a monthly close in the green. 

    These whales will still hope Bitcoin can record more impressive gains in August. Data from Cryptorank shows that Bitcoin has historically not enjoyed the best price action in August, ending the month in the red on eight occasions since 2011. 

    At the time of writing, Bitcoin is trading at around $64,400, down almost 3% in the last 24 hours, according to data from CoinMarketCap. 

    BTC price falls below $65,000 | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

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    Scott Matherson

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  • Rare sighting of a blue whale — largest animal on earth

    Rare sighting of a blue whale — largest animal on earth

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    GLOUCESTER — There was cheering and shouting far off shore on July 4 when a local whale watch boat enjoyed a rare sighting of the largest animal on the planet — a blue whale.

    Excitement ran through the boat, the Hurricane II, when Tina McMahon-Foley, senior naturalist with Cape Ann Whale Watch, announced that the visitors were about to see a blue whale.

    “We had seen a report the day before that a New Hampshire boat had seen,” she said. “We went out that afternoon for a traditional whale watch, and headed to an area to look for whales.

    “We were with two humpback whales and the captain called me in and said, ‘Do you want to go see (the blue whale)?’ and I thought he was teasing me. I didn’t believe him at first. But I glanced over and saw the whale’s exhale, which is taller than a two-deck whale watch boat.”

    Blue whales are the largest animals ever to live on the planet, according to the National Oceanic and Atmospheric Administration (NOAA).

    McMahon-Foley, the voice over the whale watch microphone, was trying to contain her excitement as she waited for the blue whale to come up again so she could make the announcement, and when she did, the boat erupted in cries of delight.

    The first time McMahon-Foley saw a blue whale, it was more than 20 years ago and it was a fleeting sight.

    “I literally saw it go down on a dive and that was it,” she said. “But this time around I got to see this whale head to toe, multiple times, and I really feel like I saw a blue whale.”

    Using the length of the whale watch boat as a point of reference at 109 feet, they estimate the whale they saw alongside the boat was at least 100 feet long.

    “When we first came upon it, I didn’t know how long we were going to see it for but we spent 30 minutes with the whale,” McMahon-Foley said. “This blue whale did four-minute dives — which means we saw it every four minutes — which is unheard of because whales can go down for a very long time so every passenger on the boat had multiple viewings of this massive animal.”

    She noted how the various whale watch companies share the time with whales, moving in and out so each boat has a chance to see the whales.

    “As we were leaving, we were cheering to the passengers on the other boats. It was amazing to me that one individual — meaning the blue whale — can create such camaraderie among so many people. All of a sudden people on other boats are waving and cheering to each other,” McMahon-Foley said.

    “We’ve had some reflective moments since the sighting because we all understand how special that viewing was and how precious that moment was for all of us. It was extraordinary — the most incredible day with humpbacks, finbacks and a blue whale.”

    It has been an interesting spring and fruitful spring for whale watching, in part, because of the abundance of krill, on which they feed.

    “That’s an indication that the feeding ground is doing well and that there is bait to support these huge animals,” she said.

    On a humorous note, the naturalist shared that once the Hurricane II left the viewing of the blue whale, it came across a fin whale, also known as a finback whale, the second longest whale after the blue whale.

    “The finback whale popped up and that’s a 70 foot whale,” she said. “Usually it’s the largest animal I ever see, but when I glanced over, it didn’t seem quite as big by comparison that day.”

    Gail McCarthy may be contacted at 978-675-2706, or gmccarthy@northofboston.com.

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    Gail McCarthy | Staff Writer

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  • 50-foot sea creature washes up on Delaware shore. But rescue proves too ‘treacherous’

    50-foot sea creature washes up on Delaware shore. But rescue proves too ‘treacherous’

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    On Sunday, May 5, a massive sea creature was discovered in bad shape on a beach in Delaware.

    On Sunday, May 5, a massive sea creature was discovered in bad shape on a beach in Delaware.

    Josefina Lacroze on Unsplash

    On the morning of Sunday, May 5, a member of the second largest ocean species lay at the water’s edge in Delaware.

    It was a 50-foot sub-adult fin whale, a species rarely seen near shore.

    But something was very wrong.

    “The whale is extremely emaciated which indicates a long-term underlying condition,” the Marine Education, Research and Rehabilitation Institute said in a post on Facebook the day the whale was discovered.

    More evidence of the whale’s ailment was the sheer fact that the whale had been near the coast at all, the nonprofit said.

    “Fin whales are an offshore species and would not normally come near shore unless they are becoming so weak that they can no longer surface to breathe, and they head into shore.”

    Hundreds of people started to gather on the beach, including responders from MERR, according to the Delaware News Journal.

    It became apparent very quickly that the whale wasn’t going to make it. Experts’ best bet was to sedate the whale to ease its suffering. But attempts to get close enough to do so proved to be harder than expected, the nonprofit said.

    “Unfortunately the water level and waves made it too treacherous for our responders to do that safely for the whale or for them.”

    Suzanne Thurman told Delaware News Journal that with water levels that high, the massive creature could easily roll on top of its rescuers and kill them. Although they badly wanted to calm the distressed whale, it wasn’t worth losing human lives knowing she would likely pass any minute.

    That night, the fin whale took its last breath.

    According to the outlet, local efforts have now shifted to moving the gigantic animal off the beach and into a comprehensive whale necropsy to find out what made it so deathly ill.

    Officials plan to bury the whale on the beach, according to the Delaware News Journal.

    Julia Daye is a national real-time reporter for McClatchy. She has written for numerous local and national outlets and holds a degree from Columbia Journalism School.

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    Julia Daye

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  • Dead humpback whale washes up on MA beach — the second in one day. What we know

    Dead humpback whale washes up on MA beach — the second in one day. What we know

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    Two whale deaths in one day is sadly not surprising amid the “unusual mortality event” under investigation since 2016.

    Two whale deaths in one day is sadly not surprising amid the “unusual mortality event” under investigation since 2016.

    Andrew Wolff via Unsplash

    A 41-foot giant lay lifeless on the beach. Passersby walking along the Marblehead, Massachusetts, shore saw her. Soon, crowds began to gather.

    The creature was a young adult humpback whale, The Salem News reported. Her cause of death was not clear.

    What was even more curious was that this sub-adult humpback was the second dead whale found in Massachusetts just that day, according to Patch.com. That morning, a 24-foot minke whale was found along Nantucket, according to the Marine Mammal Alliance Nantucket. The organization didn’t list a cause of death.

    These two deaths on April 25 are part of a much bigger story. Since 2016, National Oceanic and Atmospheric Administration Fisheries has been investigating something called an “unusual mortality event” for large whales along the Atlantic Coast.

    Of the dead whales NOAA has examined since declaring the event, “about 40 percent had evidence of human interaction, either ship strike or entanglement,” the organization said. This seems to be the pattern found among several species of whales.

    Other organizations attribute the event to other causes such as mass starvation caused by a marine heatwave, according to the Smithsonian Magazine.

    NOAA says the most important thing people can do to help is to report any sightings of “live whales in distress or stranded or dead whales.”

    If you do come across a sight like this, call the Greater Atlantic Marine Mammal Stranding Hotline at 866-755-6622, call the Southeast Marine Mammal Stranding Hotline at 877-433-8299 or contact the U.S. Coast Guard. “Do not approach or touch injured or dead marine mammals,” NOAA says.

    Julia Daye is a national real-time reporter for McClatchy. She has written for numerous local and national outlets and holds a degree from Columbia Journalism School.

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  • ‘Magnificent’ 46-foot sea creature washes ashore. Experts offer details about its death

    ‘Magnificent’ 46-foot sea creature washes ashore. Experts offer details about its death

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    A necropsy was performed on a dead fin whale Feb. 13 after it was found stranded at the Sunset Beach State Recreation Site in Oregon.

    A necropsy was performed on a dead fin whale Feb. 13 after it was found stranded at the Sunset Beach State Recreation Site in Oregon.

    Seaside Aquarium

    When an endangered 46-foot fin whale washed ashore on an Oregon coastline, it left many wondering how the animal ended up dead.

    Now, experts have more answers around the “magnificent” creature’s death: It “likely died from an underlying illness of some kind,” National Oceanic and Atmospheric Administration spokesperson Michael Milstein said in an email to McClatchy News on Feb. 14.

    The whale was spotted entangled Monday, Feb. 12, at the Sunset Beach State Recreation Site, McClatchy News reported. Shortly after, a team from NOAA conducted a necropsy to determine its cause of death.

    Tiffany Boothe Seaside Aquarium

    The whale was emaciated, wrapped in fishing rope and had fresh rake marks from orcas, Milstein said. A rake mark is caused when a killer whale uses its teeth to scratch another whale, according to the Center for Whale Research.

    The whale also had other scrape marks on its body, and it was found entangled in rope.

    However, Milstein said the injuries from the entanglement didn’t appear to be fatal and neither did the rake marks.

    Because there were “no other obvious causes of death,” Milstein said the team concluded the whale died from an underlying illness.

    Tiffany Boothe Seaside Aquarium

    Collected tissue from the whale will be tested to determine what the underlying disease may be. It could take a few weeks for those results to come back, Milstein said.

    The public should remain 100 yards away from the whale and any stranded animals, the Seaside Aquarium advises. Entangling gear also shouldn’t be removed from a stranded animal because it can interfere with an investigation.

    The Sunset Beach State Recreation Site is about 90 miles northwest of Portland.

    What to know about fin whales

    Fin whales are the second-largest whale species in the world, following blue whales, according to the National Oceanic and Atmospheric Administration.

    They can grow up to 85 feet in length and weigh between 40 and 80 tons, according to the National Marine Sanctuary Foundation.

    They were listed as protected animals under the Endangered Species Act in 1970 after their population dwindled significantly due to being hunted by commercial whalers, the federal agency said.

    Helena Wegner is a McClatchy National Real-Time Reporter covering the state of Washington and the western region. She’s a journalism graduate from Arizona State University’s Walter Cronkite School of Journalism and Mass Communication. She’s based in Phoenix.

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  • Chainlink Appetite: Whale Scoops Up $84 Million Worth Of LINK

    Chainlink Appetite: Whale Scoops Up $84 Million Worth Of LINK

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    The cryptocurrency market has been abuzz with excitement as a mysterious Chainlink (LINK) whale embarks on a remarkable shopping spree, accumulating an astonishing volume of LINK tokens. Recent data from Lookonchain reveals that this enigmatic whale wallet has acquired more than 4.5 million LINK tokens over the course of just three days. Based on the current LINK price, this accumulation is valued at a staggering $84 million.

    Chainlink Whales Surge, Holders Optimistic

    This relentless accumulation activity by the Chainlink whale has captured the attention of analysts and investors, generating anticipation for a potential future surge in the LINK price. The market is rife with speculation as traders eagerly await the outcome of this significant accumulation.

    But it’s not just the whale that is showing interest in Chainlink. Santiment’s data indicates a noteworthy increase in the total number of Chainlink holders. Over the past few months, the count of LINK holders has grown by approximately 9,000, reaching a substantial total of 717,000 holders. This surge in holders further fuels the growing optimism surrounding Chainlink’s future prospects.

    Whale LINK accumulation. Source: Lookonchain

    Adding to the intrigue, Chainlink holders are actively withdrawing their LINK holdings from exchanges. A closer look at the supply on exchanges reveals a recent trend where holders are moving their LINK away from these platforms. Currently, the supply on exchanges represents only about 21.5% of the total supply, indicating a strong belief among holders that a potential future price rally is on the horizon.

    Despite experiencing some fluctuations in recent days, the overall price trend for Chainlink remains robust. On the daily timeframe, the LINK price has been oscillating within the $18 price range for several days following a surge into this range on February 1st.

    Chainlink currently trading at $20.5330 on the daily chart: TradingView.com

    Chainlink Price: Bullish Momentum

    As of now, the price sits at around $20.40, reflecting a 12% and 16% increase in the last 24 hours and seven days, with a Relative Strength Index (RSI) remaining above 60, indicating a resilient bullish trend.

    These developments within the Chainlink ecosystem have created an atmosphere of eager anticipation among investors and enthusiasts. The whale’s accumulation, the growth in LINK holders, and the withdrawal of LINK from exchanges all contribute to the mounting excitement surrounding a potential future surge in price.

    Source: Coinglass

    Meanwhile, LINK’s positive funding rate signals a prevailing bullish sentiment, indicating a higher demand for long positions among traders. The simultaneous increase in LINK’s Open Interest further suggests that market participants are leveraging their positions to go long.

    This confluence of factors reflects a collective confidence in LINK’s upward potential, with traders expressing optimism through both funding decisions and larger leveraged positions, potentially fueling continued bullish momentum in the market.

    Featured image from Adobe Stock, chart from TradingView

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



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    Christian Encila

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  • Ripple’s Recent Victory Over the SEC is Not The Only Bullish Thing for XRP’s Price

    Ripple’s Recent Victory Over the SEC is Not The Only Bullish Thing for XRP’s Price

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    TL;DR

    • Following Ripple’s SEC win, XRP surged to $0.53. Big investors now control 29.5% of its supply.
    • Legal victories and increased holdings indicate potential for new XRP highs.
    • Both human analysts and AI, like ChatGPT, foresee regulatory clarity boosting XRP’s future value.

    XRP Sharks and Whales Control Almost 30% of the Supply

    Ripple and its native token – XRP – have splashed the waters in the cryptocurrency space once again after the company secured a third court victory in a row against the US Securities and Exchange Commission (SEC). The news triggered a price rally for the asset, which surged to approximately $0.53 (per CoinGecko) for the first time in two weeks. 

    According to the crypto behavior analytics platform – Santiment, XRP’s rise could be attributed to another factor: the recent accumulation spree from large investors. Specifically, sharks and whales (those holding between 10K and 10M tokens) have increased their overall possessions to the highest level since the end of July.

    They own 29.5% of XRP’s circulating supply or almost 16 billion assets. Calculated in current rates, the amount equals over $8 billion. As CryptoPotato previously reported, those investors held less than 27% of the existing supply at the beginning of the month.

    How High XRP Could Go?

    Analysts and experts have recently laid out numerous bullish forecasts, envisioning XRP to reach a new all-time high in the near future. Their bets now seem even more plausible, considering Ripple’s latest win against the SEC. 

    Some individuals, including the popular cryptocurrency analyst going by the name “KALEO,” are optimistic that Ripple’s native token will continue rising in the future due to a possible decisive victory in the legal battle. 

    The AI-powered language model – ChatGPT – also estimated that regulatory clarity could be among the vital elements to boost XRP’s valuation and eventually prompt a bull run for the asset. 

    Readers willing to find out how the coin might perform during the last quarter of 2023 could take a look at our dedicated video below:

     

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  • Ocean Alliance Announces First-Ever Successful Drone-Based Tagging of Endangered Blue and Fin Whales

    Ocean Alliance Announces First-Ever Successful Drone-Based Tagging of Endangered Blue and Fin Whales

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    For the first time ever, Ocean Alliance and their collaborators have successfully deployed suction cup data-tags on blue and fin whales in the Gulf of California using a drone (UAV). This new deployment method is detailed in an April 2023 publication in the journal Royal Society Open Science and could have significant positive implications for whale science and conservation. Deployment of Biologging Tags on Free Swimming Large Whales Using Uncrewed Aerial Systems. R. Soc. open sci. April 19, 2023 https://royalsocietypublishing.org/doi/10.1098/rsos.221376

    This work shows that UAVs are capable of attaching biologging tags to free-swimming large whales. This method may hold advantages for studying vulnerable or hard-to-study species by potentially reducing stress from tagging activities. The work was carried out in collaboration with researchers from Ocean Alliance, Stellwagen Bank National Marine Sanctuary, Universidad Autónoma de Baja California Sur, University of Michigan, and Syracuse University.

    “The ability to use the aerial platform for tag deployment provides a huge step forward for the science. This method allows for tags to be attached to whales that might otherwise be difficult to approach with a boat and minimizes any disruption to their normal behaviors. This gives us an opportunity to better understand their behavior to aid in conservation efforts.” Dr. Susan Parks, whale acoustics expert and Biology Professor from Syracuse University

    Biologging data tags are critical tools for marine mammal research. The tags are equipped with specialized sensors for recording depth, orientation, acceleration, temperature, acoustics, and even video.

    In addition to reduced behavioral impact, “efficient tag deployment enables targeting of specific animals in a group or multi-animal tagging. This ability to target an individual animal and/or doubling or tripling sample size for an experiment will greatly enhance the science and our understanding of these animals.” Dr. Alex Shorter, Mechanical Engineering Professor University of Michigan.

    Stellwagen Bank National Marine Sanctuary Research Ecologist Dr. David Wiley, who has used suction-cup tags to study the behavior of whales for almost 30 years, said, “A lot of time and funds have gone into improving tag design and capability, but this is the first real improvement in tag delivery!” Wiley also stated, although the use of UAVs for tag attachment is a major advancement, it, “Takes more than just the desire and a drone to make it happen. The synergy of combining our expertise and experience greatly contributed to our success.” 

    Learn more at instagram.com/SnotBot or www.whale.org.

    About Ocean Alliance
    Dr. Iain Kerr leads Ocean Alliance’s Drones for Whale Research Program. Ocean Alliance is a 501(c)3 non-profit whose mission is to protect whales and their ocean environment through research, scientific collaboration, public education, and the arts. 

    Source: Ocean Alliance

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