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In recent months, Long-Term Holders (LTH) have been consistently locking in around $138 million in daily profits despite turbulent market conditions. This steady flow of profits underscores the ongoing supply and demand dynamics, where each transaction involves a buyer and a seller, with price adjustments balancing these forces. This $138 million daily sell-side pressure from … Read more
DWF Labs has recently deposited all of its OTC-bought $CRV tokens to Binance, realizing a notable loss in the process. Over the past 28 hours, DWF Labs moved 12.5 million $CRV, worth $4.12 million, to Binance. However, just 9 hours ago, 10.5 million $CRV, valued at $3.44 million, was transferred out. DWF Labs has deposited … Read more
The recent launch of the Mysticeti Upgrade has catapulted the Sui Network ($SUI) to unprecedented levels of positive sentiment. This significant update has transformed the network’s performance, enabling instant trades at scale with remarkable efficiency. The recent launch of the Mysticeti Upgrade drove the #Sui $SUI Network to its highest level of positive weighted sentiment … Read more
As the GameFi sector experiences a resurgence, a closer look at token allocations reveals substantial differences across major projects, signaling varying stages of development and market strategies. $SAGA leads with 94% of its total supply still vesting, suggesting a long runway for future token unlocks. In contrast, $XAI has over 60% of its supply locked, … Read more
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $138M in Daily Profits, Says Glassnode Glassnode‘s … Read more
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond. Ryan Salame Challenges Guilty Plea, Claims Government Reneged on … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, has seen its dominance decline slightly, dropping from 16.8% to 15.2% over the past two years. Despite this modest decrease, Ethereum has managed to maintain relative stability in the ever-fluctuating crypto market. #Bitcoin Dominance has surged from 38% in Nov 2022 to a notable 56% today. Meanwhile, #Ethereum, … Read more
Bitcoin, the leading digital asset, continues to solidify its dominance in the cryptocurrency market, now commanding an impressive 56% of the total market capitalization. This surge in dominance, rising from 38% in November 2022 to 56% today, reflects the unwavering confidence of Bitcoin’s long-term holders, who have been steadily accumulating BTC beneath the surface. #Bitcoin, … Read more
Polygon’s (MATIC) whale activity has skyrocketed by an astonishing 16,263% as the network gears up for a significant upgrade on September 4th. This upgrade will see MATIC transition to POL, which will serve as the new native token for gas fees and staking on the Polygon Proof-of-Stake (PoS) network. 🚀🐳 Crypto Alert! #Polygon’s (MATIC) whale … Read more
The Tron network has recently made waves with the launch of its SunPump platform on August 9, sparking excitement among investors and traders. SunPump is the first meme fair launch platform on Tron, designed to capitalize on the growing popularity of memecoins. Are Tron Memecoins the next 100x opportunity? The Tron network launched the SunPump … Read more