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An AI-enabled Web3 data analytics platform for emerging blockchains and projects: https://m3talab.io/
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M3TA Recap: Nov 20 – Nov 26, 2023
Relinquishing command of the CEO post, CZ is now just a name to remember. No matter what or who goes up or down, the market moves forward.
1️⃣ Top Performers (20/11 - 26/11)
1. TerraClassicUSD - $USTC: +294.6%
2. SuperVerse - $SUPER: +203.6%
3. Sidus - $SIDUS: +142.5%
4. EthereumPoW - $ETHW: +61.7%
5. Blur - $BLUR : +56.4%
2️⃣ Top Losers (20/11 - 26/11)
1. Ultima - $ULTIMA: -26.8%
2. Siacoin - $SC : -25.5%
3. aelf - $ELF : -24.3%
4. ARK - $ARK: -24.1%
5. CorgiAI - $CORGIAI: -21.4%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-20-nov-26-2023
📗 Original article: https://m3talab.io/post/a-salute-to-cz-the-end-of-an-epic-era
#BinanceCEO #Bitcoin #CZBNB
Relinquishing command of the CEO post, CZ is now just a name to remember. No matter what or who goes up or down, the market moves forward.
1️⃣ Top Performers (20/11 - 26/11)
1. TerraClassicUSD - $USTC: +294.6%
2. SuperVerse - $SUPER: +203.6%
3. Sidus - $SIDUS: +142.5%
4. EthereumPoW - $ETHW: +61.7%
5. Blur - $BLUR : +56.4%
2️⃣ Top Losers (20/11 - 26/11)
1. Ultima - $ULTIMA: -26.8%
2. Siacoin - $SC : -25.5%
3. aelf - $ELF : -24.3%
4. ARK - $ARK: -24.1%
5. CorgiAI - $CORGIAI: -21.4%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-20-nov-26-2023
📗 Original article: https://m3talab.io/post/a-salute-to-cz-the-end-of-an-epic-era
#BinanceCEO #Bitcoin #CZBNB
M3TA Recap: Nov 13 – Nov 19, 2023
Sam Altman did a complete 180 last week, and now Artificial Intelligence tokens are going up.
1️⃣ Top Performers (13/11 - 19/11)
1. BONK - $BONK: +97.6%
2. Bittensor- $TAO: +84.5%
3. PAAL AI - $PAAL: +76.7%
4. Autonolas - $OLAS: +71%
5. CorgiAI - $CORGIAI: +63.7%
2️⃣ Top Losers (13/11 - 19/11)
1. Rollbit Coin - $RLB: -23.3%
2. Bancor Network - $BNT : -18.3%
3. Blur - $BLUR: -13.2%
4. IoTex - $IOTX : -12.9%
5. Filecoin - $FIL : -12.9%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-13-nov-19-2023
📗 Original article: https://m3talab.io/post/ai-tokens-return
#Binance #AI #Bitcoin #SEC #ETF
Sam Altman did a complete 180 last week, and now Artificial Intelligence tokens are going up.
1️⃣ Top Performers (13/11 - 19/11)
1. BONK - $BONK: +97.6%
2. Bittensor- $TAO: +84.5%
3. PAAL AI - $PAAL: +76.7%
4. Autonolas - $OLAS: +71%
5. CorgiAI - $CORGIAI: +63.7%
2️⃣ Top Losers (13/11 - 19/11)
1. Rollbit Coin - $RLB: -23.3%
2. Bancor Network - $BNT : -18.3%
3. Blur - $BLUR: -13.2%
4. IoTex - $IOTX : -12.9%
5. Filecoin - $FIL : -12.9%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-13-nov-19-2023
📗 Original article: https://m3talab.io/post/ai-tokens-return
#Binance #AI #Bitcoin #SEC #ETF
🟪 A Polygon zkEVM Giga Update 🟪
1️⃣ Community Event: Polygon is currently hosting zkEVM Saga, an event akin to Arbitrum Odyssey. The aim is to foster engagement and support for the chain, offering rewards. Participants in Polygon zkEVM receive NFTs, and there're rumors that these might be a criterion for an upcoming airdrop.
Week 4 has kicked off: https://x.com/0xPolygonDeFi/status/1722626358885683622?s=20
2️⃣ Chain Dynamics: Despite zkEVM's TVL currently below its peak, the chain has witnessed a remarkable surge in volume, soaring over 3,800% compared to 30 days ago, as reported by IntoTheBlock.
However, despite hints from Polygon CEO Sandeep Nailwal about a potential airdrop, the chain hasn't gained as much traction compared to other L2s.
3️⃣ “Hot” Updates:
🔸 OKX Exchange is utilizing Polygon CDK to construct X1, a ZK-powered Layer 2 network.
🔸 Immutable zkEVM, powered by Polygon, is set to launch its mainnet at the end of this year. Additionally, Immutable has recently partnered with the gaming company Ubisoft.
🔸The Ethereum mainnet has commenced the $POL upgrade.
4️⃣ Village Community Grants (total 300k MATIC):
🔸 BUIDL on Polygon #1 Village Community Grant Round by Giveth (170k MATIC): For creators and projects contributing to Polygon's growth.
🔸 Infra on Polygon Village Community Grant Round by gitcoin (130k MATIC): Focused on projects developing infrastructure in the Polygon ecosystem.
5️⃣ A Fertile Ground For Success
🔸 Many major Web2 brands are trusting Polygon as the fertile ground for their Web3 expansion.
🔸 Blockchain games choose Polygon as a place to grow.
🔑 Key Takeaways:
📈 Through sustained marketing initiatives and events, Polygon has garnered user attention, leading to an uptick in daily active users and transaction counts—positive outcomes.
📉 These developments also increase the fees which impacts Polygon's Sequencer profit, resulting in a negative number.
📍 For further details, view this EP of our M3TA Investigation: https://twitter.com/M3TA_Analytics/status/1724350454287798285
#POL #Pol #Ethereum #zkEVM $MATIC
1️⃣ Community Event: Polygon is currently hosting zkEVM Saga, an event akin to Arbitrum Odyssey. The aim is to foster engagement and support for the chain, offering rewards. Participants in Polygon zkEVM receive NFTs, and there're rumors that these might be a criterion for an upcoming airdrop.
Week 4 has kicked off: https://x.com/0xPolygonDeFi/status/1722626358885683622?s=20
2️⃣ Chain Dynamics: Despite zkEVM's TVL currently below its peak, the chain has witnessed a remarkable surge in volume, soaring over 3,800% compared to 30 days ago, as reported by IntoTheBlock.
However, despite hints from Polygon CEO Sandeep Nailwal about a potential airdrop, the chain hasn't gained as much traction compared to other L2s.
3️⃣ “Hot” Updates:
🔸 OKX Exchange is utilizing Polygon CDK to construct X1, a ZK-powered Layer 2 network.
🔸 Immutable zkEVM, powered by Polygon, is set to launch its mainnet at the end of this year. Additionally, Immutable has recently partnered with the gaming company Ubisoft.
🔸The Ethereum mainnet has commenced the $POL upgrade.
4️⃣ Village Community Grants (total 300k MATIC):
🔸 BUIDL on Polygon #1 Village Community Grant Round by Giveth (170k MATIC): For creators and projects contributing to Polygon's growth.
🔸 Infra on Polygon Village Community Grant Round by gitcoin (130k MATIC): Focused on projects developing infrastructure in the Polygon ecosystem.
5️⃣ A Fertile Ground For Success
🔸 Many major Web2 brands are trusting Polygon as the fertile ground for their Web3 expansion.
🔸 Blockchain games choose Polygon as a place to grow.
🔑 Key Takeaways:
📈 Through sustained marketing initiatives and events, Polygon has garnered user attention, leading to an uptick in daily active users and transaction counts—positive outcomes.
📉 These developments also increase the fees which impacts Polygon's Sequencer profit, resulting in a negative number.
📍 For further details, view this EP of our M3TA Investigation: https://twitter.com/M3TA_Analytics/status/1724350454287798285
#POL #Pol #Ethereum #zkEVM $MATIC
🟢 Insight Recap for $SNT
#Binance actively controls $SNT supply. Key points:
1. New wallets (<1M age) withdrawing ~500K $SNT each from exchanges, notably #Coinbase , indicating accumulation.
2. Price surge to $0.065: 2-year-old wallets depositing SNT token on Binance and Coinbase no new wallets depositing during the rise, continued withdrawals during price drop.
📍 Full address links: m3talab.io/post/on-chain-analy...
3. #Upbit 's SNT token holdings at 25%, down from 45% peak.
4. #SNT attracts short interest, resulting in -0.1% funding rate; now tempting for shorters as funding rate rebounds to +0.1%.
#Binance actively controls $SNT supply. Key points:
1. New wallets (<1M age) withdrawing ~500K $SNT each from exchanges, notably #Coinbase , indicating accumulation.
2. Price surge to $0.065: 2-year-old wallets depositing SNT token on Binance and Coinbase no new wallets depositing during the rise, continued withdrawals during price drop.
📍 Full address links: m3talab.io/post/on-chain-analy...
3. #Upbit 's SNT token holdings at 25%, down from 45% peak.
4. #SNT attracts short interest, resulting in -0.1% funding rate; now tempting for shorters as funding rate rebounds to +0.1%.
A Training Prompt Goes A Long Way 💡
Does the clarity of your request improve the AI's response? - Yes, it does!
Your creativity is the only limit to its potential.
📍 Register now with your name and email only: https://m3talab.io/
#BinanceSquareInsight #Ethereum #Chainlink #AI #Web3
Does the clarity of your request improve the AI's response? - Yes, it does!
Your creativity is the only limit to its potential.
📍 Register now with your name and email only: https://m3talab.io/
#BinanceSquareInsight #Ethereum #Chainlink #AI #Web3
M3TA Recap: Nov 6 – Nov 12, 2023
Did you think Ethereum would let #Bitcoin fly solo? Not at all! #Ethereum surpassed $2k last week just to prove that the show isn't over.
1️⃣ Top Performers (06/11 - 12/11)
1. ORDI - $ORDI : +196.4%
2. BONK- $BONK: +192%
3. Bancor Network - $BNT: +132.1%
4. Celestia - $TIA: +128.1%
5. Kujira - $KUJI: +106.2%
2️⃣ Top Losers (06/11 - 12/11)
1. Tellor Tributes - $TRB: -29%
2. Gas - $GAS: -26%
3. Polymath - $POLY: -25%
4. Blox - $CDT: -21%
5. Liquity - $LQTY : -15.7%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-6-nov-12-2023
📗 Original article: https://m3talab.io/post/ether-the-heater
#BinanceSquareInsight #ETH #USDT.
Did you think Ethereum would let #Bitcoin fly solo? Not at all! #Ethereum surpassed $2k last week just to prove that the show isn't over.
1️⃣ Top Performers (06/11 - 12/11)
1. ORDI - $ORDI : +196.4%
2. BONK- $BONK: +192%
3. Bancor Network - $BNT: +132.1%
4. Celestia - $TIA: +128.1%
5. Kujira - $KUJI: +106.2%
2️⃣ Top Losers (06/11 - 12/11)
1. Tellor Tributes - $TRB: -29%
2. Gas - $GAS: -26%
3. Polymath - $POLY: -25%
4. Blox - $CDT: -21%
5. Liquity - $LQTY : -15.7%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-6-nov-12-2023
📗 Original article: https://m3talab.io/post/ether-the-heater
#BinanceSquareInsight #ETH #USDT.
Latest Update of ETF Approval
An ETF Research Analyst from Bloomberg Intelligence, though not corroborated by other sources, hints at the SEC possibly approving 2 or all 12 pending Bitcoin ETF applications by Nov 17. The SEC has extended the review period for 9 of these applications to Jan 10, 2024.
Amidst this anticipation, the SEC has discussed with Grayscale about the potential transformation of GBTC into a spot Bitcoin ETF, indicating a positive outlook. Although these conversations were private, Grayscale suggests they are positive about spot Bitcoin ETFs, with approval seemingly a matter of time.
SEC Chairman Gary Gensler's recent video release, which outlines the agency's policy on investment products, is seen by some as a hint towards the SEC's readiness to approve such products, diverging from their previously cautious stance, based on their past behaviors.
📍 After the news, $BTC breaks $36k.
🖼Table source: James Seyffart
An ETF Research Analyst from Bloomberg Intelligence, though not corroborated by other sources, hints at the SEC possibly approving 2 or all 12 pending Bitcoin ETF applications by Nov 17. The SEC has extended the review period for 9 of these applications to Jan 10, 2024.
Amidst this anticipation, the SEC has discussed with Grayscale about the potential transformation of GBTC into a spot Bitcoin ETF, indicating a positive outlook. Although these conversations were private, Grayscale suggests they are positive about spot Bitcoin ETFs, with approval seemingly a matter of time.
SEC Chairman Gary Gensler's recent video release, which outlines the agency's policy on investment products, is seen by some as a hint towards the SEC's readiness to approve such products, diverging from their previously cautious stance, based on their past behaviors.
📍 After the news, $BTC breaks $36k.
🖼Table source: James Seyffart
Leverage AI the right way: Seek sophistication, sans the struggle 💡
1) Ask the right question and get answer in SQL, tables, and customized charts.
2) Boost productivity with Web3 data.
1) Ask the right question and get answer in SQL, tables, and customized charts.
2) Boost productivity with Web3 data.
Top 5 projects with the highest NFT trading volume on #Klaytn in the last 7 days:
1. KlipDrops
2. Sunmiya Club
3. Puuvilla_society
4. SuperWalk
5. MARBLEX
📍 Chart from our Klaytn Ecosystem dashboard: https://m3talab.io/reports/klaytn-ecosystem
#BinanceSquareTalks #NFTMarketTrends
1. KlipDrops
2. Sunmiya Club
3. Puuvilla_society
4. SuperWalk
5. MARBLEX
📍 Chart from our Klaytn Ecosystem dashboard: https://m3talab.io/reports/klaytn-ecosystem
#BinanceSquareTalks #NFTMarketTrends
M3TA Recap: Oct 30 - Nov 5, 2023
Bitcoin's recent strong dominance is waning as it trades sideways, potentially paving the way for an altcoin surge.
1️⃣ Top Performers (30/10 - 05/11):
1. Gas - $GAS: +161.6%
2. ARK - $ARK: +105.7%
3. PancakeSwap - $CAKE : +84.5%
4. Status - $SNT: 76.6%
5. Tokamak Network - $TON: +66.7%
Several weeks ago, these tokens experienced a significant surge in value. However, last week, with Bitcoin trading sideways, these tokens lost momentum and underwent a correction following the earlier surge, resulting in a decline in their value.
2️⃣ Top Losers (30/10 - 05/11):
1. Polymesh - $POLYX : -31.2%
2. Viction - $VIC: -26%
3. FLOKI - $FLOKI : -13.9%
4. ECOMI - $OMI: -13.3%
5. Celsius Network - $CEL: -13%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-oct-30-nov-5-2023
📗 Original article: https://m3talab.io/post/altcoins-ready-to-catch-up-with-bitcoins-dominance
#Binance #BTC🔥🔥 #altcoin
Bitcoin's recent strong dominance is waning as it trades sideways, potentially paving the way for an altcoin surge.
1️⃣ Top Performers (30/10 - 05/11):
1. Gas - $GAS: +161.6%
2. ARK - $ARK: +105.7%
3. PancakeSwap - $CAKE : +84.5%
4. Status - $SNT: 76.6%
5. Tokamak Network - $TON: +66.7%
Several weeks ago, these tokens experienced a significant surge in value. However, last week, with Bitcoin trading sideways, these tokens lost momentum and underwent a correction following the earlier surge, resulting in a decline in their value.
2️⃣ Top Losers (30/10 - 05/11):
1. Polymesh - $POLYX : -31.2%
2. Viction - $VIC: -26%
3. FLOKI - $FLOKI : -13.9%
4. ECOMI - $OMI: -13.3%
5. Celsius Network - $CEL: -13%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-oct-30-nov-5-2023
📗 Original article: https://m3talab.io/post/altcoins-ready-to-catch-up-with-bitcoins-dominance
#Binance #BTC🔥🔥 #altcoin
On-chain Analysis: RWA Protocols
Note: This analysis is supported by our Real-World Assets Protocols dashboard.
The dashboard aims to look at 11 Real-World assets projects, divided accordingly into 4 subsections as follows:
Security Tokens/Secondary Market: INX Token - $INXReal Estate: Propy - $PRO, Elysia - $ELTokenization/Securitization: Centrifuge - $wCFGPrivate Credit: Maple - $MPL, Truefi - $TRU , Clearpool - $CPOOL, Goldfinch - $GFI, Creditcoin - $CTC, Defactor - $FACTR, Polytrade - $TRADE
📊 https://m3talab.io/reports/rea
The dashboard aims to look at 11 Real-World assets projects, divided accordingly into 4 subsections as follows:
Security Tokens/Secondary Market: INX Token - $INXReal Estate: Propy - $PRO, Elysia - $ELTokenization/Securitization: Centrifuge - $wCFGPrivate Credit: Maple - $MPL, Truefi - $TRU , Clearpool - $CPOOL, Goldfinch - $GFI, Creditcoin - $CTC, Defactor - $FACTR, Polytrade - $TRADE
📊 https://m3talab.io/reports/rea
It's been about two months since we last pitted the scaling rivals #arbitrum and #Optimism against each other.
👉 https://twitter.com/M3TA_Analytics/status/1702267673588162756
Time to check in and see how they're holding up in this mini bullrun!
NETWORK COMPARISON
1️⃣ Active Users
Arbitrum maintains a robust user base and steady transaction counts, while Optimism's RetroPGF 3 faces a decline in both users and transactions.
💡 But as a roll-up solution, Optimism is doing a solid job of keeping those fees nice and low, just like Arbitrum. 🚀
2️⃣ TVL & Daily New Contracts
Arbitrum is thriving with increased Total Value Locked (TVL) and a hot streak, while Optimism's TVL is declining despite a surge in new contracts attributed to Worldcoin's "orb scan."
3️⃣ Daily L2 Transaction Fees, L1 Security Costs, and Profits to the Network
Arbitrum continues to lead in terms of L2 Transaction Fees, L1 Security Costs, and Profits when compared to Optimism.
You can refer to the source: https://twitter.com/M3TA_Analytics/status/1720031185756459339
Charts from
📍 our Optimism dashboard: https://m3talab.io/reports/optimism-network-monitoring
📍 our Arbitrum dashboard: https://m3talab.io/reports/arbitrum-network-monitoring
#BinanceSquare
👉 https://twitter.com/M3TA_Analytics/status/1702267673588162756
Time to check in and see how they're holding up in this mini bullrun!
NETWORK COMPARISON
1️⃣ Active Users
Arbitrum maintains a robust user base and steady transaction counts, while Optimism's RetroPGF 3 faces a decline in both users and transactions.
💡 But as a roll-up solution, Optimism is doing a solid job of keeping those fees nice and low, just like Arbitrum. 🚀
2️⃣ TVL & Daily New Contracts
Arbitrum is thriving with increased Total Value Locked (TVL) and a hot streak, while Optimism's TVL is declining despite a surge in new contracts attributed to Worldcoin's "orb scan."
3️⃣ Daily L2 Transaction Fees, L1 Security Costs, and Profits to the Network
Arbitrum continues to lead in terms of L2 Transaction Fees, L1 Security Costs, and Profits when compared to Optimism.
You can refer to the source: https://twitter.com/M3TA_Analytics/status/1720031185756459339
Charts from
📍 our Optimism dashboard: https://m3talab.io/reports/optimism-network-monitoring
📍 our Arbitrum dashboard: https://m3talab.io/reports/arbitrum-network-monitoring
#BinanceSquare
M3TA Recap: Oct 23 - Oct 29, 2023
Bitcoin #BTC did a wonderful job last week and now it can rest.
1️⃣ Top Performers (23/10 - 29/10)
1. Polymesh - $POLYX : +109.8%
2. Polymath - $POLY: +84.9%
3. Smooth Love Potion - $SLP: +70.3%
4. ARK Blockchain - $ARK : +66.1%
5. Fetch.AI - $FET: +60.1%
2️⃣ Top Losers (23/10 - 29/10)
1. Toncoin - $TON: -7%
2. Orbs - $ORBS: -5.5%
3. Bitcoin SV - $BSV: -5.4%
4. MakerDao - $MKR: -5.1%
5. Uniswap - $UNI: -3.8%
📖 Substack: https://m3talab.substack.com/p/its-altcoin-season-or-too-soon
📗 Original article: https://m3talab.io/post/its-altcoin-season-or-too-soon
#Binance #solana #scroll
Bitcoin #BTC did a wonderful job last week and now it can rest.
1️⃣ Top Performers (23/10 - 29/10)
1. Polymesh - $POLYX : +109.8%
2. Polymath - $POLY: +84.9%
3. Smooth Love Potion - $SLP: +70.3%
4. ARK Blockchain - $ARK : +66.1%
5. Fetch.AI - $FET: +60.1%
2️⃣ Top Losers (23/10 - 29/10)
1. Toncoin - $TON: -7%
2. Orbs - $ORBS: -5.5%
3. Bitcoin SV - $BSV: -5.4%
4. MakerDao - $MKR: -5.1%
5. Uniswap - $UNI: -3.8%
📖 Substack: https://m3talab.substack.com/p/its-altcoin-season-or-too-soon
📗 Original article: https://m3talab.io/post/its-altcoin-season-or-too-soon
#Binance #solana #scroll
M3TA 101 - Episode 09: Funding Rate
TL;DR
In crypto, funding rate is a tool that keeps the futures market price in line with the actual asset's price.
If the funding rate is positive, people who bet on the price going up (long positions) pay a fee to those who bet on it going down (short position).If it's negative, it's the other way around.
Funding Rate Explained
Futures trading in a traditional market involves buying and selling contracts. These contracts involve parties committing to buying and selling a digital asset at a pred
In crypto, funding rate is a tool that keeps the futures market price in line with the actual asset's price.
If the funding rate is positive, people who bet on the price going up (long positions) pay a fee to those who bet on it going down (short position).If it's negative, it's the other way around.
Funding Rate Explained
Futures trading in a traditional market involves buying and selling contracts. These contracts involve parties committing to buying and selling a digital asset at a pred
Scroll launched its mainnet just 10 days ago and has gained significant traction
On-chain metrics:
🔸 The number of users and daily transaction count has peaked at ~5.5k. Interestingly, the number of users closely matches the daily transaction count.
🔸 The TVL of the mainnet launch was $2.1M, and now it has surged to over $10M, a remarkable 5x in just 10 days.
📍 Charts from our Modular Economics:
https://m3talab.io/reports/modular-economics
#Binance #Web3
On-chain metrics:
🔸 The number of users and daily transaction count has peaked at ~5.5k. Interestingly, the number of users closely matches the daily transaction count.
🔸 The TVL of the mainnet launch was $2.1M, and now it has surged to over $10M, a remarkable 5x in just 10 days.
📍 Charts from our Modular Economics:
https://m3talab.io/reports/modular-economics
#Binance #Web3
Market Turbulence as Vombatus (Twitter: @@Vombatus_eth) Sells 176 Friend.Tech Keys
On Oct 24, Vombatus executed a significant sell-off of 176 keys, triggering a profound impact on the market:
1️⃣ Trust Issues Emerge
Investor trust has been shaken as Friend.tech TVL witnessed a substantial dip in 24hrs, plunging from $42.3M to $38.7M. Concurrently, the count of Daily Active Traders experienced a stark decline, plummeting from ~16.4k to a mere 8.18k.
2️⃣ Supply Outweighs Demand
The "Key" Net Trading Volume reached an all-time low. The number of buyers has decreased significantly, dwindling from approximately ~17k to just 3.7k. Evidently, users have become increasingly apprehensive about engaging in Key transactions.
✍️ Note: Data as of October 25, 2023.
#Binance
On Oct 24, Vombatus executed a significant sell-off of 176 keys, triggering a profound impact on the market:
1️⃣ Trust Issues Emerge
Investor trust has been shaken as Friend.tech TVL witnessed a substantial dip in 24hrs, plunging from $42.3M to $38.7M. Concurrently, the count of Daily Active Traders experienced a stark decline, plummeting from ~16.4k to a mere 8.18k.
2️⃣ Supply Outweighs Demand
The "Key" Net Trading Volume reached an all-time low. The number of buyers has decreased significantly, dwindling from approximately ~17k to just 3.7k. Evidently, users have become increasingly apprehensive about engaging in Key transactions.
✍️ Note: Data as of October 25, 2023.
#Binance
2 weeks ago, FTX staked large amounts of $MATIC, $SOL, and $ETH . Now, Lookonchain reports that FTX and Alameda wallets moved over $10M in tokens to "0xde9A61c2b776e2F4C6ddB0C9Ad5cCfCfC15B0a9B".
🔶 The token was:
- Sent to #Binance :1,341 $MKR, 198,804 $LINK, 11,974 ,$AAVE and 1,900 $ETH
- Sent to #Coinbase: 1,000 $ETH
🔶 Another source also reports that #FTX transferred $SOL to Kraken, Binance, and Coinbase.
🕵️Our verdict:
FTX's decision to transfer tokens to the exchange is reasonable as:
- Debt can be settled.
- Selling is advised during this market hype as significant returns are possible.
- The market's high liquidity can facilitate the sales.
#ETH #solana
🔶 The token was:
- Sent to #Binance :1,341 $MKR, 198,804 $LINK, 11,974 ,$AAVE and 1,900 $ETH
- Sent to #Coinbase: 1,000 $ETH
🔶 Another source also reports that #FTX transferred $SOL to Kraken, Binance, and Coinbase.
🕵️Our verdict:
FTX's decision to transfer tokens to the exchange is reasonable as:
- Debt can be settled.
- Selling is advised during this market hype as significant returns are possible.
- The market's high liquidity can facilitate the sales.
#ETH #solana
Large withdrawal on #Binance !!
From 12:00 to 13:00, 0x84…22Bf pulled out about 375k $LQTY in 4 txs. They also snagged some $TRB, $LINK , $DYDX.
➕ Wallet Tx: https://platform.arkhamintelligence.com/explorer/address/0x84960a963C31637a3182d93a5b631B96aE0B22Bf
📍 Chart from our Liquity dashboard: https://m3talab.io/reports/liquity-monitoring
#Binance #BNB
From 12:00 to 13:00, 0x84…22Bf pulled out about 375k $LQTY in 4 txs. They also snagged some $TRB, $LINK , $DYDX.
➕ Wallet Tx: https://platform.arkhamintelligence.com/explorer/address/0x84960a963C31637a3182d93a5b631B96aE0B22Bf
📍 Chart from our Liquity dashboard: https://m3talab.io/reports/liquity-monitoring
#Binance #BNB
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