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In an unprecedented action in the cryptocurrency markets, a large whale has bagged a neat profit of about $4.5 million from the unstaking and depositing of a huge sum of Solana (SOL) into Binance. This whale’s move to withdraw a big chunk of its Solana stash—staked for over a year—brings to light the unstable nature … Read more
Jupiter Exchange has embarked on an exhilarating yet crucial initiative for its community: the maiden buyback program for its token, $JUP. And this initiative is already making waves, with the buyback effort showing some remarkable progress just 17 hours after its launch. The repurchase effort aims to bolster the token’s value by removing some supply … Read more
Increased interest in Ondo Finance’s native token, $ONDO, has manifested in the form of both large-scale investors and savvy traders making strategic moves in the anticipation of a breakout. Over the past day, optimism about a near-term price move has intensified as whale activity with notable purchases and accumulated positions by other traders have surfaced. … Read more
In the past week, the cryptocurrency token Mantra (OM) has seen a dramatic upswing of +13.37%. This seems to be driven by strong on-chain fundamentals, and the token’s performance has been even more impressive when considered against the recent downturn across much of the crypto space. OM has been one of the top-performing assets these … Read more
The token linked to the Raydium protocol, $RAY, is no different in this regard. In the recent past, it has seen significant downturns, with a 30% drop closely following the announcement from Pumpdotfun that they had created an AMM. The fall, of course, got “some whales” like DMBZ2…XvQvD feeling quite uneasy. We have no way … Read more
An issue that seems to be stirring up a not-insignificant amount of controversy lately is Kanye West’s presence on social media—most notably, X, the platform formerly known as Twitter. Recently, multiple people have said that the rapper and fashion mogul might have sold his official X account, citing a number of odd alterations on his … Read more
Following back-to-back price reductions in the past months, WIF lost its spot as the leading Solana-based meme coin and dipped to a year low. It bounced back slightly from the low and now brews for a recovery. Last week, WIF found solid ground as it tested the $0.55 level after posting significant losses in the … Read more
A well-known quantitative investment firm, Manifold Trading, has recently been under scrutiny for its enormous holding in the $OM token—a position acquired back in November 2023. The token’s price has recently experienced a sharp upswing, meaning that if Manifold were to sell its $OM tokens now, it would realize some staggering profits that have raised … Read more
One of the leading blockchain platforms, Solana (SOL), is currently undergoing a significant series of events that are shaping the token’s trajectory. Recently, Solana has overhauled its fee distribution system and witnessed some large Solana token (SOL) movements that have entered and destabilized a volatile Solana price (USD). So what’s happening? And as retail and … Read more
Over the past few months, one of the most significant trends in decentralized finance (DeFi) has been the emergence of Real-World Assets (RWAs). Among the most prominent projects in this new sector, ONDO has asserted itself as a leading force. In a broader market that has been mostly disappointing, ONDO has racked up the highest … Read more
