The memecoin sector—an ever-volatile corner of the crypto world—seems to be shifting, as on-chain behavior from the smart money suggests a more cautious outlook. For months, the market frenzy that defined this area of the crypto space seemed unstoppable, but yesterday’s data points to a noticeable pivot. In contrast to several previous days this week when net inbound capital was seen, yesterday saw a substantial amount of net outbound capital. The most up-to-date on-chain metrics show that on April 10, the ecosys tem memecoin had a trading volume of $4.73 million. On the other hand, net activity does not seem
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]]>This week’s State of the Network report from @coinmetrics offers an insightful preview of Coinbase’s Q4 2024 earnings. The report is from Research Analyst @TanayVed. He highlights the factors that have positioned the company for what could be an exceptional quarter, indeed. The report notes that trading volume has been surging, stablecoin supply is growing, and performance from Coinbase’s Layer-2 network has been strong. All of this adds up to the appearance of a well-run ship heading into the next earnings report. The report also highlights a strong recovery in transaction revenue and the robust performance of Coinbase’s subscriptions and
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]]>Rolling back to a year low during recent breakdown, Pol located a solid ground and bounced back with a long-wick. It currently sits well above a key level while trading flat, deciding where next to head. The aftermath of the recent crash is still causing a lot of FUD among Pol traders as they appear pessimistic of the next direction of the market. As seen on the daily chart, volatility has been extremely low for over a week due to choppy price actions. This has created a boring trading activity and the price is now trading calmly at around the
The post POLYGON PRICE ANALYSIS & PREDICTION (February 13) – Pol Sits Well Above $0.3 as Volatility Drops, No Conviction For Buy Yet appeared first on The Merkle News.
]]>In a dramatic turn of events, a major crypto whale has moved 14.95 million BLUR tokens, valued at $2.18 million, to Binance at a significant loss. This whale, once the top staker of BLUR, is suspected of liquidating their entire position within the last 40 minutes. If these tokens are sold, the loss is expected to exceed $3.5 million. 曾经 $BLUR 质押排名 Top1 的巨鲸疑似于过去 40 分钟清仓 1494 万枚 BLUR，若卖出将亏损超 350 万美金
十个月前该巨鲸从 #OKX 中以均价 $0.3824 提出 BLUR 并参与质押，直到今天才以 $0.1479 割肉离场，亏损近 61%… 钱包地址 https://t.co/7volxhPaGB pic.twitter.com/vvJLAyWHVx — Ai 姨 (@ai_9684xtpa) September 2, 2024 The whale, identified by the address 0x154, had previously
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]]>Recent data highlights significant shifts in the distribution of Bitcoin across various sized on-chain wallets, coinciding with the increasing popularity of ETFs. According to insights from Santiment feeds, the past 30 days have seen notable changes: – There has been a 7.4% increase, equating to 147 more wallets, holding at least 1,000 BTC compared to the previous month. – Conversely, there has been a reduction of 509,000 wallets holding less than 1 BTC, marking a 1.0% decrease. – Similarly, there are now 1,237 fewer wallets holding 1-1,000 BTC, reflecting a 0.1% decline compared to last month. 
#Bitcoin’s various sized
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