π #SNX Santiment: between Sunday and Tuesday, the price of Synthetix surged 155%. This was followed by one of the most powerful FOMO spikes in the network's history:
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
πΈ #BTC Over the past 24 hours, ~$627M worth of contracts have been liquidated, of which longs have liquidated ~$425M and shorts ~$202M.
π One LuBian wallet has woken up after three years of inactivity, transferring all 9757 #BTC ($1.1 billion) to new wallets.
This comes just a day after news broke that the US government wants to confiscate 127,271 BTC ($14.4 billion) stolen from LuBian.
This comes just a day after news broke that the US government wants to confiscate 127,271 BTC ($14.4 billion) stolen from LuBian.
π #BTC Glassnode: Bitcoin Options markets show net premium concentration at $115kβ$130k, suggesting traders remain positioned for upside.
Despite the futures flush, call demand dominates, implying investors see the drawdown as a leverage reset.
Despite the futures flush, call demand dominates, implying investors see the drawdown as a leverage reset.
π΅π Matrixport: Despite the recent market crash, stablecoin inflows tell another story β over $74B in new liquidity has entered the ecosystem this year. The crypto cycle isnβt over β itβs simply maturing. #stablecoin
πΆπββ #DOGE Thumzup plans to integrate DOGE as an alternative payment mechanism for users of its Thumzup app.
π½π SOLOTEX IS GOING TO OFFER TOKENIZED SHARES TO RETAIL TRADERS IN THE USA WITH FINRA GREEN LIGHT
π½π¦ US regulators approve Erebor Bank, the Peter Thiel-backed cryptobank
π₯³ Polymarket launches stock markets with up/down betting options, allowing users to bet on stock prices.
π°π #BNB The first payments to victims of liquidations on Binance have begun.
- Binance paid over $80 million to users after the USDe lost its peg.
- They are refunding $400 million to those who got liquidated.
- BNB Chain is refunding $45 million to users who lost money trading memecoins.
- Binance paid over $80 million to users after the USDe lost its peg.
- They are refunding $400 million to those who got liquidated.
- BNB Chain is refunding $45 million to users who lost money trading memecoins.
β οΈπ΄ββ οΈ #SUI Typus Finance (Sui ecosystem) attacked via oracle vulnerability, all contracts urgently suspended
π¦π Sony Bank has applied for a cryptocurrency banking license to issue stablecoins and provide custody services through its subsidiary Connectia Trust.
ππ€ #BTC CQ: Until a significant discount appears on the market to stimulate buying, potential growth will be sluggish, followed by a dump at new ATH.
On futures, after long positions are reduced by > $10 billion, traders will start returning when the price becomes attractive for entry again and when enough short positions accumulate that can be used to pump the price.
Need to go down and shake up the market
On futures, after long positions are reduced by > $10 billion, traders will start returning when the price becomes attractive for entry again and when enough short positions accumulate that can be used to pump the price.
Need to go down and shake up the market
ππ #BTC Glassnode: Blockchain data shows continued distribution of long-term holders since July and weakening ETF inflows (-2.3k BTC this week), indicating weaker institutional demand. Meanwhile, spot markets saw a sharp but orderly sell-off, with selling on Binance partially offset by buying on Coinbase.