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Ethereum whales are back in action, taking advantage of the market’s recent dip to make significant purchases. Over the last 96 hours, whales have accumulated 340,000 ETH, worth over $1 billion. Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt pic.twitter.com/vGQuq1YDdC — IntoTheBlock (@intotheblock) … Read more
Last weekend marked a historic day for Hyperliquid as its trading volume for perpetual contracts soared to $11.5 billion, accompanied by a staggering $1.32 billion in liquidations—both setting new all-time highs. Despite the market turbulence, Hyperliquid’s native token, HYPE, demonstrated remarkable resilience. The token rebounded swiftly after the market dip, briefly surpassing $33 to reach … Read more
Long-term holders of Ethereum (ETH) have demonstrated unwavering conviction in 2024, with their collective holdings steadily increasing. Currently, around 110 million ETH is held by these long-term investors, marking a significant rise in their stake over the past two years. Social sentiment surrounding Ethereum has turned notably negative, reaching its lowest point since December 18, … Read more
Since the start of December, Ethereum ($ETH) has seen a marked outflow from exchanges, with over 400,000 ETH leaving since December 1. This trend of accumulation suggests increased confidence among investors, particularly as the price of ETH recently pushed back above the $4,000 mark, solidifying this level as strong support. Since the beginning of December, … Read more
The Hyperliquid trend has attracted smart money, but outcomes remain split as profits and losses highlight the volatility of this emerging market. Trader 0x37c (believed to be GiganticRebirth, GCR) Renowned for shorting altcoins at the 2021 peak and correctly predicting LUNA’s collapse in 2022, GCR continues to showcase sharp market instincts. Wallet 0x37c topped up … Read more
Ehereum’s weekly transaction fees have reached their highest levels since April, driven by a surge in DeFi activity and portfolio rebalancing following this week’s $100,000 Bitcoin retracement. This highlights the increasing demand for Ethereum’s network during volatile market conditions. Weekly Ethereum fees hit their highest levels since April, driven by significant DeFi activity and rebalancing … Read more
In a bold move, a major crypto whale has turned attention to $BEAM, spending 1,458 $WSTETH (worth $6.7 million) in the last 29 hours to acquire 189.55 million $BEAM tokens at an average price of $0.03515. This purchase is part of a broader $35.7 million spree that began on December 1, with investments in four … Read more
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 prominent whale investor, leveraging revolving loans, recently expanded their long position on AAVE by purchasing 11,605 tokens at $258 each, funded by an additional 3 million USDT borrowed nine hours ago. This move brings their total borrowed amount since October to $8.83 million, used to acquire 87,454 AAVE at an average price of $166. … 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
