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As we step into September, the altcoin market is poised for significant token unlocks, totaling over $2 billion. This follows a similar trend in August, where $2.26 billion in token unlocks occurred, led by $SOL, $WLD, and $AVAX. This month, $SOL takes the lead with $360.78M in unlocks, closely followed by $WLD at $304.72M. 💡 … Read more
As August 2024 unfolds, the Ethereum ecosystem showcases a dynamic landscape where LINK emerges as the frontrunner, boasting a market cap of $6.19 billion, followed by UNI and AAVE. LINK’s consistent dominance since early 2023 underscores its stability and widespread adoption, making it a key player in the market. However, whale concentration in tokens like … Read more
The recent launch of the Mysticeti Upgrade has catapulted the Sui Network ($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
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
Yesterday, $AAVE experienced a surge in daily active addresses, reaching 1.73k—the highest point in over a year. This increase in activity coincides with significant whale purchases, signaling growing interest and confidence in the DeFi token. Daily active $AAVE addresses have surged to the highest point in over a year yesterday, reaching 1.73k. pic.twitter.com/ysOaSydItX — IntoTheBlock … Read more
Exchange inflow gauges potential selling pressure, with high inflow suggesting high sell pressure and low inflow suggesting low pressure. Go to Source
As an institutional trader, I learned not to borrow too much in leverage from the exchange I was trading on, and to be right more often than I was wrong. Go to Source
Today, the crypto market is experiencing a strong bullish trend, driven by the latest minting activity from Tether Treasury. According to Lookonchain, Tether Treasury minted another 1 billion USDT on the Tron Network earlier today, adding to the ongoing surge in market enthusiasm. Over the past year, Tether has minted a staggering 33 billion USDT, … Read more
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative. Go to Source
Machi Big Brother (@machibigbrother) has recently redirected his investment strategy, moving away from accumulating $FRIEND and focusing instead on purchasing $BLAST. Since August 5, he has spent 1,464 ETH (approximately $3.86 million) to acquire 350 million $BLAST tokens, making him the largest individual holder of $BLAST. Machi Big Brother(@machibigbrother) appears to have stopped accumulating $FRIEND … Read more