November has seen a notable uptick in stablecoin netflows into derivative exchanges, indicating that traders are preparing for leveraged positions. This shift points to a growing appetite for risk-taking in the crypto market. In November, a surge in stablecoin netflows into derivative exchanges reveals traders are gearing up for leveraged […]
Author: Will Izuchukwu
SunSwap Sees Renewed Activity As TRON-Based Meme Coins Gain Momentum
SunSwap, TRON’s decentralized trading protocol, is experiencing a resurgence in transaction activity. The platform first captured significant attention earlier this year, peaking in August 2024 with over 500,000 daily transactions. During that period, Wrapped TRX (WTRX) accounted for more than 250,000 transactions on several days. Recent activity suggests SunSwap is […]
Bitcoin’s Bullish Momentum Faces Critical Test Amid Satoshi-Era Wallet Activity
Bitcoin’s price action has captured significant attention as the TD Sequential indicator recently flashed a sell signal on the daily chart. However, this bearish signal is at risk of being invalidated. If Bitcoin ($BTC) manages to secure a daily close above $91,900, analysts suggest the cryptocurrency could rally toward $100,680, […]
Meme Coins Lead Crypto Trends As Security Concerns Hit DEXX Users
The current crypto bull rally has brought speculative assets to the forefront, with meme coins dominating social media discussions. Among the most talked-about tokens are PNUT, PEPE, DOGE, MEME, NUX, and COIN, all securing top positions in trending lists. Bitcoin ($BTC), despite its prominence, trails behind at #7 in terms […]
Bitcoin and Ethereum See Record Outflows As Whale Movements Signal Profit-Taking
This week, Bitcoin ($BTC) and Ethereum ($ETH) experienced massive outflows from exchanges, with net outflows for both exceeding $1 billion—the highest levels since May 2023. These movements indicate heightened investor activity, as traders move assets off exchanges, often a signal of long-term holding or preparation for decentralized applications. Both $BTC […]
Bitcoin Breaks $90K: Market Optimism Soars Amid Institutional Accumulation And Bullish Momentum
Bitcoin has surged past $90,000, fueled by the unwavering support of long-term hodlers and growing investor confidence. Despite over a billion network addresses, only 53-55 million hold a balance, highlighting the concentration of Bitcoin ownership among dedicated investors. Bitcoin's surge past $90,000 highlights the steadfast support of dedicated hodlers. Out […]
Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows
Solana’s decentralized exchanges (DEXs) are making waves, recording unprecedented daily trading volumes. According to DeFiLlama, Solana DEXs surpassed $5 billion in daily trading volume for three consecutive days, marking a historic first. For the week of November 10-16, these platforms achieved a staggering total trading volume of $15.898 billion. According […]
sUSDe Integration On Aave Sparks New Wave Of Adoption And Whale Activity
The proposal to integrate sUSDe as collateral on Aave has successfully passed, marking a significant milestone for the DeFi ecosystem. This integration enables users to utilize sUSDe as collateral on both the main Ethereum and Lido instances, unlocking the potential to borrow billions of dollars in stablecoins against it. Pleased […]
XRP Surges As Whales Accumulate, Gensler Resigns, And Société Générale Embraces The XRP Ledger
XRP is gaining significant momentum, fueled by bullish market activity and major industry developments. Wallets holding at least 1 million XRP now collectively own 45.61 billion tokens, marking the highest level of accumulation since June 2018. Over the past two years, whales and sharks have reversed their previous selling trends, […]
Bitcoin Hits New High As Investors Withdraw 7,500 BTC From Binance Amid Potential Market Shift
Bitcoin surged to a new peak yesterday, but investor behavior suggests a cautious tone. Over 7,500 BTC were withdrawn from Binance, marking the year’s second-largest outflow from the exchange. This significant withdrawal hints that many investors may be shifting towards long-term holdings, reflecting growing confidence in Bitcoin’s future value. Bitcoin […]
Aptos Hits $1 Billion TVL And Gains 8 Million Monthly Users, Boosted By European Staking Launch
Aptos has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) and attracting over 8 million monthly active users. The blockchain platform continues to gain traction, with an impressive 75.7% of its TVL concentrated in two primary sectors: Lending & Borrowing and Liquid Staking. Aptos skyrockets to […]
Ethereum Whales Stir As Large Transactions Surge And Spot ETF Sees Strong Inflows
Ethereum whales are becoming more active, with the daily number of large transactions exceeding 10,000—a level not seen since August. Ethereum whales are waking up, with the daily count of large transactions surpassing 10,000—the highest level since August. pic.twitter.com/xpnaMz5vHk — IntoTheBlock (@intotheblock) November 14, 2024 One notable whale, who acquired […]
Meme Coins Deliver Big Gains As Whale Invests $2.7M In WIF And BONK Amid Surging Market
Meme coins have led the charge in the crypto market over the past week, with top performers like DOGE (+96%), PEPE (+97%), WIF (+67%), and BONK (+67%) netting substantial returns for traders. While these speculative assets attract attention, high social dominance in meme coins often signals a wave of emotional […]
Tether Mints $8B In USDT As Stablecoin Market Cap Hits $180B, Fueling Bitcoin Surge
Tether recently minted another 2 billion USDT on Ethereum and Tron networks, marking a significant liquidity boost. Over the past eight days, Tether has created a total of 8 billion USDT, with 6.067 billion of these funds actively injected into the crypto market. This influx of capital has been instrumental […]
$Pnut Trader Nets Over $56M After Binance Listing, Despite Low Win Rate
The price of $Pnut recently surged by over 1,300% after Binance announced its listing, and one savvy trader made substantial gains. This trader, who had already invested $721,000 to acquire 1.92 million $Pnut at $0.38 right after the Binance announcement, has held onto the position, now boasting an unrealized profit […]
DWF Labs Receives 10M $NIKO For Market Making As Token Surges On TON Blockchain
DWF Labs (@DWFLabs) has recently been entrusted with 10 million $NIKO tokens, valued at approximately $495,000, or 1% of the total supply, to support market-making efforts. This isn’t DWF Labs’ first foray into market making; previously, the wallet handled a substantial 111.94 billion $X tokens worth $35.6 million for similar […]
BOME Price Hits New High Since July As Top Holder Sundayfunday.sol Rebounds With $10.94M Position
The cryptocurrency BOME recently reached a new peak since July, with its top investor, sundayfunday.sol (known as @SundayFundayLFG on social media), seeing his holdings rise in value to approximately $10.94 million. Notably, sundayfunday.sol was a leading participant during BOME’s initial fundraising stage, where he invested 420 SOL, worth about $67,200 […]
Zircuit Completes Fair Airdrop For $EIGEN Holders, Marking Another Milestone For The Layer-2 Platform
In early November, Layer-2 blockchain project Zircuit (@ZircuitL2) completed a fair airdrop, or “fairdrop,” for holders of the $EIGEN token. Despite its potential appeal, the event has flown under the radar. While meme coins are currently trending, now might be a good time to check if you’re eligible for some […]