Popular
Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH
Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Currently, Jump Trading still holds 21,394 $WSTETH (worth $63.6 million) and 16,292 $ETH (worth $41.3 million) across their wallets. Furthermore, 19,049 $STETH is in the process of being unstaked from Lido. In a separate move within the last 14 hours, James_Fickle swapped 4,336 $ETH for $10.94 million, with an average entry price...
Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?
You are here: Home / News / Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? Renowned analytical platform Santiment reported that both Chainlink and Ethereum have reached an all-time low in the 30-day and 365-day average of trading returns. In a recent post on X, the platform highlighted this considerable decrease in return, pointing out the current trends in these large cryptocurrencies. According to Santiment analysis, Chainlink and Ethereum trading returns have gone extremely low in the short-term and long-term trading. This trend portrays a declined performance over the last one month and year for this company. Such...
US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark Invest’s and 21shares’ ARKB shed $69 million, while Fidelity’s FBTC saw a $58.04 million decrease, according to sosovalue.xyz and coinglass.com metrics. U.S. spot bitcoin ETFs have recorded two straight days...
