Cryptocurrencies Price Prediction: Bitcoin, Chiliz & Injective — Asian Wrap 17 January

Bitcoin hits new milestone, $665.3 million worth BTC transferred in largest transaction in 2024

Bitcoin sees a spike in large transactions in 2024. BTC’s three of four largest transactions occurred on January 16. Bitcoin traders moved 42,870 BTC in one hour, the highest hourly movement recorded in six months. 

Fan token pioneer Chiliz price rallies 18% in a day, causing largest liquidations in three months

Chiliz price rallied over the past 24 hours to become one of the biggest gainers of the week. The cryptocurrency, while it might have brought profits to many investors, also caused losses to many traders who were pining for a crash in price. The credit for this, however, largely goes to the whales that have been consistent in their actions.

Injective price braces for volatility ahead of nearly $150 million worth of INJ token unlocks

Injective (INJ) price has been trading within a range over the past several days, consolidating within the confines of two levels with profit taking and investors buying the correction keeping INJ within range. The AI crypto coin, which is built atop the Cosmos blockchain cold register increasing volatility soon with a token unlocks event due on January 21.

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