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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million buy of 107,838 $LINK at $24.1 on decentralized exchanges, while an additional 162,024 $LINK ($4.08 million) was withdrawn from Binance.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
In the past five hours, a prominent crypto whale with the address 0x60F sold 4.64 million VIRTUAL tokens for 5.32 million USDC at an average price of $1.147. This strategic sale capitalized on a 52.78% price spike, earning the whale a staggering $3.98 million in profit, reflecting a 224% return on investment. Despite this substantial … Read more
In early June, a significant investor or institution made waves by acquiring 302,000 GMX tokens for $13.47 million at an average price of $45 through six separate addresses. This substantial purchase drove GMX’s price up by 12%, reflecting the market impact of such a concentrated buy. However, recent movements suggest the same entity has now … Read more
BitMEX founder Arthur Hayes has made headlines again, withdrawing 10.36 million ENA tokens worth $7.49 million from Binance. Over the past two days, Hayes has accumulated a total of 16.79 million ENA from Binance, Bybit, and Wintermute Trading. His average purchase price for the tokens is estimated at $0.666, translating to an investment of $11.19 … Read more
After five months of inactivity, the whale address 0x1d8 has resurfaced, depositing 50,000 ENS tokens, valued at $1.66 million, to Binance. This whale is known for being a long-term holder of Ethereum Name Service (ENS) tokens and appears to be capitalizing on the recent price surge. Despite this significant deposit, the whale still retains 50,000 … Read more
SolvProtocol has reached a significant milestone, accumulating over 25,000 BTC in deposits, valued at more than $2.6 billion. This achievement cements Solv as the largest decentralized Bitcoin reserve, driven by the innovation of its flagship product, SolvBTC. 🍊Put Your #Bitcoin to Work with Solv@SolvProtocol has recently achieved a major milestone by accumulating over 25,000 $BTC … Read more