π #ZRO LayerZero Labs: Sybil reporting will be available again from May 28th to May 30th. This time, a collateral of 0.5 #ETH is required to submit the report (collateral submission will open on May 25). Deposits will be refunded for reports submitted in good faith and/or found to be successful.
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π #BTC C.Q.: This cycle has awaken more Bitcoin OG's than ever. 10+ year-old Bitcoin spending reached a record high of 3.7% in March, when Bitcoin was at $70K. Right now is at 2.5%.
The % is the 30-day cumulative spending annualized of Bitcoin with more than 10 years-old
The % is the 30-day cumulative spending annualized of Bitcoin with more than 10 years-old
π΅οΈββοΈ #CAT An address allegedly associated with wintermute spent 1800 SOL ($301.3k) to buy 37.86 million CAT 4 hours ago and made an unrealized profit of $886k. Solscan
Another address (insider) spent 1370 SOL ($230 thousand) to buy 632 million CAT (63.2% of the total). He sold part of CAT and received ~29,525 SOL ($5 million). Solscan
Another address (insider) spent 1370 SOL ($230 thousand) to buy 632 million CAT (63.2% of the total). He sold part of CAT and received ~29,525 SOL ($5 million). Solscan
π #ETH About $3.4 billion worth of options expiring on June 28 signal a surge of traders buying calls on Ethereum rising above $4,000.
At the same time, the put/call ratio for the expiration date of May 31 shows signs of pessimism - it is 0.82 compared to 0.55 on June 28.
At the same time, the put/call ratio for the expiration date of May 31 shows signs of pessimism - it is 0.82 compared to 0.55 on June 28.
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π° #PEPE SmartMoney, which skillfully trades PEPE on May 14 purchased meme coin worth $4.2 million, has unrealized profits of ~$1.8 million and is not selling yet.
π #GRT Over the past 16 hours, Amber Group deposited 25 million GRT worth ~$8 million in three transactions on Binance.
They still have 35.2 million GRT left.
They still have 35.2 million GRT left.
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πΊπΈπ£ #ETH #BTC #ETF Bloomberg Analyst: Demand for Spot Ethereum ETF could reach 20-25% of Spot Bitcoin ETF
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π΅οΈββοΈπ #ETH An address associated with the Ethereum Foundation transferred another 200 ETH to Kraken a few minutes ago.
Also today transferred 28,098 ETH (>$104 million) on Coinbase Prime
Also today transferred 28,098 ETH (>$104 million) on Coinbase Prime
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π #PEPE jwynn.eth, early buyer of PEPE, turned $8524 into ~$40 million and earned another >800 thousand $ on other memcoins, today transferred on Binance 491 billion PEPE (~7.5 million $), after which he tweeted that βPEPE is still severely undervalued.β
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π #BTC transaction fees are at their lowest level since early November 2023, averaging $2.77.
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π Market Cap Growth of Top Stablecoins YTD
The total stablecoin market cap has been steadily increasing each month. As of today, the total stablecoin market cap has reached $161B, an increase of $31B since the beginning of 2024.
#USDTβs market cap reached an ATH of $111.5B, increasing by $19.8B YTD.
The total stablecoin market cap has been steadily increasing each month. As of today, the total stablecoin market cap has reached $161B, an increase of $31B since the beginning of 2024.
#USDTβs market cap reached an ATH of $111.5B, increasing by $19.8B YTD.
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