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The Aptos blockchain is making waves in 2024, with its on-chain activity surging by an impressive 10x this year. A major driver of this growth has been the swift adoption of its native USDT stablecoin. In just over a month since USDT’s launch on Aptos, its supply has skyrocketed to $140 million, showcasing rapid adoption … Read more
A previously inactive crypto wallet has re-emerged with significant activity in the EigenLayer ecosystem. The wallet, dormant for over two years, withdrew 1.6 million EIGEN tokens—worth $7.25 million—from Binance, bringing its total withdrawals over the past 43 hours to 2 million EIGEN, valued at $9.03 million. These purchases were made at an average price of … Read more
DWF Labs has ramped up its activity with GALA, depositing another 10 million tokens (worth $616,000) to Binance within the last day. Over the past 31 hours, the firm has transferred a total of 30 million GALA across four transactions, with an average price of $0.05504. These deposits amount to $1.65 million. Despite these significant … Read more
The cryptocurrency market is abuzz with key developments driving price movements and discussions. Here are the top five topics dominating the space today: 1. Tron’s Milestones Tron blockchain and its native token TRX are in the spotlight, fueled by the migration of TRX from Ethereum to Tron and its growing utility in transactions and staking … Read more
Over the past two weeks, AAVE has experienced a remarkable 53% increase in market capitalization, driven largely by growing speculation around more favorable DeFi conditions under the pro-crypto policies anticipated from Trump’s presidency. The past 24 hours have witnessed significant on-chain activity, highlighting AAVE’s growing prominence: – 587 whale transactions, the highest since March 2022. … Read more
The Base network is experiencing a notable surge in transaction activity, signaling growing demand but also introducing operational challenges. This heightened usage has caused the transaction success rate to drop from around 90% to approximately 70%, reflecting the strain on network resources. Despite these hurdles, the surge in activity has significantly boosted Base’s Layer 2 … Read more
Leading crypto market maker Wintermute (@wintermute_t) recently acquired 5,819.2 $STNK tokens, valued at approximately $1.2 million. This transaction, completed three days ago, strongly suggests that Wintermute has taken on the role of a market maker for $STNK, aiming to enhance liquidity and support trading activity for the emerging DeFi asset. Wintermute (@wintermute_t) received 5,819.2 $STNK($1.2M) … Read more
The price of $LINK surged by an impressive 36% today, drawing significant activity from crypto whales. In the past 12 hours, one whale purchased 269,861 $LINK tokens worth $6.68 million. This included a $2.6 million buy of 107,838 $LINK at $24.1 on decentralized exchanges, while an additional 162,024 $LINK ($4.08 million) was withdrawn from Binance. … Read more
Ethereum Name Service (ENS) has seen a remarkable price rally over the past week, surging by 114% from $20 to over $40. This sharp increase has attracted the attention of institutions, some of which have started to sell portions of their holdings to capitalize on the gains. Blockchain Capital, a notable institutional investor, transferred 52,800 … Read more
The well-known crypto investor smartestmoney.eth has reportedly made a successful move in the Restaking ecosystem, leveraging his investment in EIGEN for substantial gains. Just 15 minutes ago, he transferred his entire holding of 1.307 million EIGEN tokens, valued at $5.09 million, to Binance, potentially to take profits. At the start of the month, smartestmoney.eth strategically … Read more
