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The staked Ethereum (stETH) from Lido has experienced an unparalleled upsurge in transaction activity, with more than 1,200 large transactions captured in a mere 24 hours—an increase of 417%! Yet, this sudden uptick is not merely a “by chance” occurrence; it is happening while Lido implements a major shift in its community staking model that … Read more
Core Network has shown amazing resilience and continued growth in the face of today’s difficult market conditions. While numerous blockchain ecosystems are grappling with falling user engagement, Core has not merely upheld its activity level but has made considerable strides in engaging even more users. This engagement is reflected in a recent uptick in the … Read more
In a striking turn that has grabbed the focus of the cryptocurrency community, a trader who once lost $2.6 million on Venice AI’s token VVV has opted to re-enter the market. Just 13 hours ago, this trader placed a jaw-dropping 674 ETH ($1.88 million) into the purchase of 299,210 VVV tokens, signifying incredible trust in … Read more
In a bold move in the cryptocurrency market, a prominent multi-signature wallet identified as 0xa92 has swapped 10,090 STETH, valued at $26.5 million, for 102,259 AAVE in the past four hours. This purchase was made at an average price of $259.13 per token, and it appears to strengthen the whale’s already substantial holdings in AAVE. … Read more
A DeFi project called World Liberty Financial (WLFI), which has the Trump family as backers, has made a big on-chain move. Not long ago, it sent eight different tokens now valued at around $305 million to Coinbase Prime. This has led to some speculation, to put it mildly, that WLFI might be on the verge … Read more
Another major event is occurring in the cryptocurrency market on February 8th. On that day, 55 million $XTER tokens (worth about $22.8 million) will be unlocked and made available for trading. This release happens to coincide with a crypto market that has been marked by substantial volatility, with some virtual currencies demonstrating a tendency to … Read more
The cryptocurrency market has witnessed a sharp downturn, with sentiment executed from the optimism we witnessed just a few short weeks ago to the current fearful state. We have now plunged into the realm of “Fear,” according to the Crypto Fear & Greed Index—where the index reads 44. What is even more disheartening is that … Read more
Amid increased market volatility, two big players have been seen scooping up considerable quantities of $ARKM and $MKR, leading to speculation that some hefty price action might be in the works. On-chain tracker Eyeonchain has noted that the whales have made a couple of big buys of late, with one directing funds toward ARKM and … Read more
With the focus of institutional investors shifting toward decentralized finance (DeFi), established protocols like Aave ($AAVE) are likely to gain even more dominance. Aave has long been a key player in the DeFi lending market, and a nascent surge in whale activity, coupled with its ever-increasing market share, suggests it is very much aligned with … Read more
The market for cryptocurrencies has been especially active lately, with some interesting developments involving AIOZ Network and its native token, $AIOZ. Just in the last 24 hours, a notorious whale wallet—0xf3d9—has made some big moves in the AIOZ market, purchasing 556,200 additional AIOZ tokens worth roughly $414,500. Following this latest purchase, the aforementioned whale is … Read more
