Prices of shiba inu saw a 10% spike on Tuesday as whales – a colloquial term for large holders of a given asset – added to their positions earlier this week.One such whale wallet purchased 4 trillion shiba inu’s for $134 million early on Tuesday, according to data from WhaleStats, which tracks data from the top thousand Ethereum wallets after excluding known exchange and … [Read more...] about SHIB Spikes as Whales Add to Existing Positions
Positions
Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options
Ether’s options market flows appear more bullish than ever, with the cryptocurrency eyeing the psychological level of $5,000.Data tracked by Swiss-based analytics firm Laevitas shows there are currently 1.02 million call option contracts ($4.8 billion) open on the Deribit exchange – perhaps a record figure and twice more than the put option tally of 426,950 ($2 billion).The big … [Read more...] about Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options
Long-Term Bitcoin Holders Trim Positions as Rally Stalls
MarketsStill, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.By Damanick Dantes, Helene BraunOct 26, 2021 at 8:34 p.m. UTCUpdated Oct 26, 2021 at 9:59 p.m. UTCBitcoin 24-hour price chart (CoinDesk) Source link … [Read more...] about Long-Term Bitcoin Holders Trim Positions as Rally Stalls
Curve Finance’s new release positions project for AMM takeover
A new release from a foundational DeFi protocol seeks to combine two popular asset swap models into a hybrid that may reshape the nature of the automated market maker (AMM) space — a DeFi primitive currently accounting for well over $40 billion in total value locked, per DeFiLlama. Earlier today Curve Finance announced the launch of a new “algorithm for exchanging volatile … [Read more...] about Curve Finance’s new release positions project for AMM takeover
Ethereum fees skyrocketed as traders raced to unwind leveraged positions
Ethereum fees surged to record highs amid the recent crypto downturn, with users paying more than 2,000 gwei to execute transactions. Digital asset research firm Delphi Digital noted gas prices oscillated between 1,500 and 1,700 gwei for approximately one hour as DeFi liquidations drove “gas wars amongst liquidators and arbitrageurs.” Ethereum gas prices amid crypto market … [Read more...] about Ethereum fees skyrocketed as traders raced to unwind leveraged positions