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Litecoin Activity Surges Despite Stable Prices, Outpacing Ethereum In Address Activity

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Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more

GMX Experiences Brief Decline Amidst Whale And Institutional Accumulation

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The decentralized exchange GMX, operating on the Arbitrum and Avalanche blockchains, saw a brief decline of 4% today after a strong performance, having surged 15% over the past week. On-chain data from Lookonchain indicates significant buying activity from whales and institutions. 66 Wallets Withdrew 344,502 GMX Tokens In the past two days, six new wallets … Read more

BRETT Memecoin Surges 24% Amid Insider Sell-Offs: Major Wallet Activity Observed

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The BRETT memecoin experienced a 24% surge today, followed by significant sell-offs from early buyers and insiders who capitalized on the price rebound. Over the past 32 hours, five prominent “insider” wallets collectively transferred 71.76 million BRETT tokens, valued at $9.94 million, to exchanges such as Gate.io, KuCoin, and Bybit. These transactions led to notable … Read more

Bitcoin’s Momentum Builds: Market Conditions Ripe For A Breakout

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Bitcoin’s daily transaction volumes have surged past $70.9 billion, signaling heightened market activity. The In/Out of the Money Around Price (IOMAP) indicator suggests that there is minimal resistance up to the $73,000 level, hinting at the potential for Bitcoin to rise further. Daily transaction volumes in $BTC have reached over $70.9 billion, pointing to increased … Read more

$ALICE Token Surges 71% Amid Market Enthusiasm And Strategic Moves

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The value of $ALICE has surged by over 71% in the past seven days, breaking through previous resistance levels with impressive “god candles” that reflect the token’s growing strength.  This bullish momentum has seen $ALICE surpass the $2 mark, suggesting a potential rally towards $4 if it maintains this level. Despite this robust performance, $ALICE … Read more

Speculative Activity Resurges In Bitcoin Market

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After months of stagnation and sideways price movement, Bitcoin is starting to show signs of speculative activity once again. This renewed interest comes on the heels of a false alarm concerning the distribution of Mt. Gox supply, providing a useful lens for analyzing market reactions using on-chain data. After months of apathy and sideways price … Read more

$GME Token On Solana Surges Over 300% Following @TheRoaringKitty’s Post

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The price of $GME on Solana has skyrocketed by more than 300% after a recent post by @TheRoaringKitty, a prominent figure in the GameStop trading community.  This surge in price has triggered the limit order of a savvy trader, who sold 3.5 million $GME for 260 $SOL, valued at approximately $43,000, at a price of … Read more

Grayscale Allegedly Sells 5,812 ETH, Possibly For Ethereum Trust Management Fees

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In a significant development, Grayscale has reportedly commissioned Flow Traders to sell 5,812 ETH, valued at approximately $21.75 million. This move is speculated to be for covering the management fees of the Ethereum Trust Fund. Grayscale imposes a 2.5% annual management fee on the Ethereum Trust (ETHE). With the current holdings standing at 2.97 million … Read more

Celebrity Meme Coins Flood The Crypto Market, Yielding Both Fortunes And Losses

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The crypto market has recently seen an influx of celebrity meme coins, with the trend kicking off on the Solana network using the JENNER ticker. Olympian and media personality Caitlyn Jenner began aggressively promoting this cryptocurrency on X shortly after its inception, which led to concerns that her account might have been compromised. This guy … Read more

HashKey’s Profitable PENDLE Trades: A Detailed Analysis

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HashKey has recently deposited all 624,804 PENDLE tokens, worth $4.28 million, to Binance at a price of $6.765 per token. This move contributed to a 5% decline in PENDLE’s price over the past 24 hours.  This latest transaction marks the conclusion of HashKey’s third PENDLE trade, netting them a massive profit of $7.21 million, reflecting … Read more