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Kain Warwick, the founder of Synthetix, has made headlines with a major trade. Using wallet 0xed4, which is believed to be his, Warwick sold 10,000 vested ILV tokens, worth $300,000. The transaction involved converting the ILV to 93 WETH, swapping WETH for 300,000 USDC, and then bridging the stablecoins to Hyperliquid. There, he purchased 13,768.6 … Read more
A bearish flag pattern has emerged on the $ILV/USDT 4-hour chart, signaling potential downward pressure. On-chain data reveals that the wallet luggis.eth recently withdrew 70,764 $ILV (worth approximately $2.86 million) from Illuvium. Shortly after, 40,000 $ILV ($1.54 million) were sold just 45 minutes ago, triggering a sharp 7.8% drop in the token’s price. luggis.eth withdrew … Read more
The $ILV token from Illuvium has garnered attention recently due to its projected potential for significant growth by 2024. This optimistic outlook is fueled by expectations of forthcoming announcements regarding several notable partnerships and projects. These anticipated developments are poised to enhance Illuvium’s market presence, thereby driving up the value of its native token. Illuvium’s … Read more
