๐ณ Whales Are Actively Accumulating #ETH
Since the second half of 2024, whales have been accumulating Ethereum, and this trend has accelerated sharply in recent days.
Since the second half of 2024, whales have been accumulating Ethereum, and this trend has accelerated sharply in recent days.
๐๐ #BNB Binance leads crypto inflows. During the NovโDec rally, it saw 59K altcoin deposit txs/day vs. 26K on Coinbase.
This week: 384K USDT txs on TRON, more than Bybit + HTX combined.
This week: 384K USDT txs on TRON, more than Bybit + HTX combined.
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๐๐ค #BTC Sentora: Although Bitcoin is now trading comfortably above $100k, its MVRV ratio is only 2.25; still far below previous cycle peaks, even after factoring in the indicatorโs long-term downward drift.
This indicates the market still isn't as overheated as it was during earlier peaks.
This indicates the market still isn't as overheated as it was during earlier peaks.
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Senate passes steiblock bill, it goes to the House of Representatives. theblock.co
๐ค #SOL #ETF DTCC has listed VanEck's proposed spot SOL-ETF as "active and about to launch". theblock.co
๐ช๐ธ๐ฆ Spanish bank BBVA recommends clients invest between 3% and 7% of their portfolio in cryptocurrencies depending on their risk appetite. reuters
๐บ๐ธ JPMorgan met with the SEC to discuss which capital markets instruments could be moved to blockchain. cointelegraph
๐ดโโ ๏ธ Meta Pool was attacked for $27 million, but the hacker only managed to take $132k. cointelegraph
๐ค ZachXBT: the super-cycle of crime is indeed very real. I estimate the market for stolen funds on Tron to be at least $5-10 billion. A few teams sit back and watch, collecting commissions, doing nothing, when >50% of the activity for their protocol comes from stolen funds. Influencers and KOLs face no consequences for subscriber/project fraud. Courts side with smart contract exploiters because of outdated laws.
The concern is what the long term consequences might be.
The concern is what the long term consequences might be.
๐๐ณ Whale Transactions:
1. Whale, who previously earned over $30M on #ETH, spent another $37.15M #USDC today to buy 15,000 ETH at $2477. In the last week, he spent ~221M USDDC on 85,465 ETH at an average price of $2584;
2. Whale again bought 3,000 #ETH ($7.48M). He bought 11500 ETH ($29m) in the last 4 days;
3. Whale pulled out of the steaking and sold all 126,772 #HYPE ($5.31M) at an average price of $42, making a profit of ~$2.89M.
1. Whale, who previously earned over $30M on #ETH, spent another $37.15M #USDC today to buy 15,000 ETH at $2477. In the last week, he spent ~221M USDDC on 85,465 ETH at an average price of $2584;
2. Whale again bought 3,000 #ETH ($7.48M). He bought 11500 ETH ($29m) in the last 4 days;
3. Whale pulled out of the steaking and sold all 126,772 #HYPE ($5.31M) at an average price of $42, making a profit of ~$2.89M.
๐จ๐ณ China's JD plans to apply for licenses in international markets to provide stackablecoin services. theblock.co
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๐๐ง Washington's second largest city, Spokane, bans cryptocurrency ATMs. cointelegraph
๐ฎ๐ท๐ดโโ ๏ธ Iranian crypto exchange Nobitex hacked for $48.6 million x
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