Category: trading

Auto Added by WPeMatico

Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline

The Synthetic protocol, represented by its native token $SNX, has experienced a notable decline of 41% over the past month. However, there’s a glimmer of optimism as the price of $SNX saw a modest 2% increase today.  In a move that reflects confidence in the project’s long-term potential, Framework Ventures, a notable investor in Synthetix, deposited an additional 2 million SNX tokens to Coinbase Prime, totaling $5.84 million at a price of $2.924 per token. Framework Ventures 0xa5f, the largest institutional SNX-holding wallet, deposited 2M $SNX ($5.85M) to #Coinbase at $2.92 ~7hrs ago. Notably, @hiFramework was an investor and received

The post Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline appeared first on The Merkle News.

Go to Source

Early Investor Moves 2.5 Million ONDO Tokens Amid Price Decline

The cryptocurrency $ONDO has experienced a 2.5% decline in its price today, adding to a downward trend that has seen a 10% decrease over the past 30 days.  Amidst this price movement, an interesting development has occurred involving a significant address in the $ONDO ecosystem. Address 0x5f13…4E7C2, which appears to be an early investor or market maker of $ONDO, made a notable transaction in the past two hours.  The address deposited a substantial amount of 2.5 million ONDO tokens to both Bybit and Gate, with a combined value of approximately 2 million US dollars. 地址 0x5f13…4E7C2 过去两小时内向 #Bybit 和 #Gate

The post Early Investor Moves 2.5 Million ONDO Tokens Amid Price Decline appeared first on The Merkle News.

Go to Source

Maneki Token Surges By 50% In 24 Hours Amidst Whales’ Activity

The cryptocurrency market is abuzz with the meteoric rise of $MANEKI, a token that has skyrocketed by over 30,000% since its inception.  In the past 24 hours alone, the price of Maneki has surged by an impressive 50%, with its market capitalization reaching $192.6 million, and it is currently trading at $0.02167. Recent data from dex screener highlights the remarkable performance of Maneki, cementing its position as one of the hottest assets in the crypto space. However, amidst this surge, traders and holders of the Maneki token are advised to closely monitor the activity of seven specific wallets. The price

The post Maneki Token Surges By 50% In 24 Hours Amidst Whales’ Activity appeared first on The Merkle News.

Go to Source

Ethereum Faces Resistance Amidst Market Gains: Justin Sun’s Activity And ETF Launch Awaited

Despite a 2.5% gain today, Ethereum is grappling with formidable resistance levels, particularly in the range of $3,170 to $3,270. This resistance zone is significant, as it is backed by 1.63 million addresses holding a collective 4.45 million ETH.  #Ethereum encounters strong resistance between $3,170 and $3,270, with 1.63 million addresses holding 4.45 million $ETH. Breaking past this barrier could propel #ETH toward $3,650! pic.twitter.com/Ko74nHdpTj — Ali (@ali_charts) April 23, 2024 Surpassing this hurdle could potentially propel ETH towards the $3,650 mark, offering traders and investors a bullish outlook. Currently, Ethereum is trading at $3,253, reflecting the ongoing battle between

The post Ethereum Faces Resistance Amidst Market Gains: Justin Sun’s Activity And ETF Launch Awaited appeared first on The Merkle News.

Go to Source

MakerDAO’s $MKR Faces Decline As Whales Make Moves

MakerDAO’s native token $MKR has experienced a 4% decline in the past 24 hours and a 6% drop over the course of the last 7 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that MakerDAO Multisign 0xbba has deposited 421.985 MKR, equivalent to $1.29 million, to Wintermute Trading OTC at a price of $3,046 before the price downturn. This deposit adds to the multisign’s overall activity, which has seen 9,043 MKR deposited to Wintermute Trading OTC at an average price of $3,291, totaling $29.76 million, since the price surge on March 17, 2024.  Multisign 0xbba, likely

The post MakerDAO’s $MKR Faces Decline As Whales Make Moves appeared first on The Merkle News.

Go to Source

GMT Token Shows Signs Of Recovery After Recent Downtrend

The GMT token, which has experienced a bearish trend across all timeframes, showed signs of a potential recovery today with a 4% increase, bringing its current trading price to $0.238. This slight uptick follows a period of decline, indicating a possible shift in market sentiment. Notably, a significant development occurred yesterday when an early investor or contributor identified as 0x8b3…e62b0 recharged 30 million GMT tokens on Binance, amounting to $6.79 million US dollars.  This move comes on the heels of the distribution of 18 million tokens received by the same address from the StepN TokenTimeLock contract a week ago when

The post GMT Token Shows Signs Of Recovery After Recent Downtrend appeared first on The Merkle News.

Go to Source

Pendle Shows Resilience Amid Market Volatility

Pendle, despite experiencing a 14% decline in the past 7 days following a significant surge in recent weeks, continues to offer promising opportunities within the realm of decentralized finance (DeFi).  Despite the short-term fluctuations, the sentiment surrounding Pendle remains largely positive, with investors eyeing its potential for yield generation. One notable aspect of Pendle’s appeal lies in its ability to provide attractive yield opportunities within the DeFi space. Investors are drawn to the platform’s innovative approach to yield farming and asset optimization, which has contributed to its resilience amidst market volatility. 过去两周，Pendle 铁杆粉丝 0xAa4…12285 已累计锁定 80 万枚 PENDLE，总价值 472 万美金，到期日为

The post Pendle Shows Resilience Amid Market Volatility appeared first on The Merkle News.

Go to Source

Significant Deposit To Coinbase Amidst OMNI Network Token Decline

The OMNI network token has experienced a substantial decline in value today, shedding 32% of its market value, prompting attention to recent on-chain activity involving a notable address associated with the $ONDO project party. According to reports from on-chain analytics, an address linked to the $ONDO project deposited 200,000 $OMNI tokens into Coinbase just a few hours ago, amounting to approximately US$6.65 million. This address is believed to be affiliated with an early investment institution that holds interests in both the Ondo and Omni projects. Remarkably, this address received a distribution of 200,000 tokens from the $OMNI project only 18

The post Significant Deposit To Coinbase Amidst OMNI Network Token Decline appeared first on The Merkle News.

Go to Source