Bookmarking Crypto Insights
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Ethereum is teetering on the edge of a potential short-squeeze showdown as leverage levels soar, with many traders betting on a price decline. The rising Estimated Leverage Ratio indicates a surge in high-stakes short positions, suggesting that many are expecting a drop in $ETH prices. However, if Ethereum can push past the critical $2.7K resistance … Read more
Chainlink ($LINK) has experienced nearly a month of consistent negative exchange netflows, signaling a strong trend of accumulation. This indicates that holders are withdrawing their assets from exchanges and moving them into cold storage or private wallets, reducing immediate sell pressure on the market. $LINK has seen consistent negative exchange netflows for almost a month, … Read more
The price of $SPX (@spx6900) has skyrocketed by an astonishing 1,823% in just one month, turning heads across the crypto space. The token’s meteoric rise is highlighted by the top 10 holders, who collectively own 171.55 million $SPX, valued at $144 million. These top holders, spread across 32 wallets, control 18.4% of the total circulating … Read more
The XRP Ledger has witnessed a sharp increase in activity, with 35,799 unique wallets making at least one transfer in a single day — the highest level in over three months. Additionally, 3,858 new wallets were created in just 24 hours, marking the most significant spike in over seven months. 🤯📈 XRP Ledger has spiked … Read more
A $GOAT whale has been making significant profits through strategic trades, turning a massive investment into a substantial return. Initially, this whale spent 602.64 $SOL to purchase 10.71 million $GOAT tokens. In a recent move, they sold 9.25 million $GOAT for 19,669 $SOL, realizing an impressive profit of 19,067 $SOL, or approximately $3.2 million — … Read more
Ethereum staking hit a record high in Q3 2024, with more holders participating to earn yield, reflecting increasing confidence in Ethereum’s long-term potential. This trend signals a strong sense of optimism among investors regarding Ethereum’s future performance and stability as a leading blockchain network. Ethereum staking hit an all-time high in Q3, with more holders … Read more
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear. Go to Source
BlockTower Capital has recently made another significant withdrawal, pulling 372,578 EIGEN tokens (worth $1.18 million) from FalconX. Over the past seven days, the venture capital firm has accumulated a total of 1.026 million EIGEN tokens ($3.57 million) from Wintermute Trading and FalconX, with an average purchase price of $3.482. However, the firm currently faces an … Read more
As Bitcoin gears up to possibly achieve a new all-time high (ATH) by the end of the year, the anticipated bull run seems to be on the horizon. However, altcoin season has yet to kick off. In light of the current surge in interest surrounding artificial intelligence (AI) tokens, we’ve analyzed key on-chain data and … Read more
As the crypto landscape continues to evolve, the restaking ecosystem, led by EigenLayer, is capturing significant attention. As of October 16, 2024, the Total Value Locked (TVL) in the restaking market reached $11.4 billion, reflecting strong community engagement and an effective design aimed at improving crypto-economic security. Short-Term Fluctuations Amid Long-Term Growth Although the market … Read more
