Compound
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🚨Strategic Whale Moves🚨 #ETH and $WBTC Long Position on #Compound Amid Market Dip👇
A prominent investor initiated long positions in both $ETH ( #Ethereum ) and $WBTC (Wrapped Bitcoin) on the Compound platform approximately four hours ago, capitalizing on the market's recent downturn.
This investor committed a deposit of 4,998 ETH, which is valued at $7.75 million, into the #Compound protocol and subsequently secured a loan of $6 million in #stablecoins .
Subsequently, they executed purchases of 3,218 ETH, totaling $5 million at an average price of $1,554 per token, along with 39.4 WBTC, amounting to $1 million at a rate of $25,393 per token.
For further reference, the associated address is 0x123d8e021ae05a1a2c6ac935c5678f2d2a0973c1
🙏 Please, FOLLOW & LIKE 🙏 It's Motivates me a LOT 🙏
A prominent investor initiated long positions in both $ETH ( #Ethereum ) and $WBTC (Wrapped Bitcoin) on the Compound platform approximately four hours ago, capitalizing on the market's recent downturn.
This investor committed a deposit of 4,998 ETH, which is valued at $7.75 million, into the #Compound protocol and subsequently secured a loan of $6 million in #stablecoins .
Subsequently, they executed purchases of 3,218 ETH, totaling $5 million at an average price of $1,554 per token, along with 39.4 WBTC, amounting to $1 million at a rate of $25,393 per token.
For further reference, the associated address is 0x123d8e021ae05a1a2c6ac935c5678f2d2a0973c1
🙏 Please, FOLLOW & LIKE 🙏 It's Motivates me a LOT 🙏
LIVEAsia Crypto Calls
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Compound V3 hits $1.243B. Which is 3.7x since the start of 2023. Rising 24.22% just over the last 7
Compound V3 hits $1.243B. Which is 3.7x since the start of 2023. Rising 24.22% just over the last 7 days.
Now you know why $COMP was pumping.
Here's an overview: Compound V3 is the latest iteration of the compound finance It was launched in August 2022. It's a platform where users can lend and borrow stablecoins, with an emphasis on security, user experience, and capital efficiency.
The new version introduced a 'segregated base assets' model, simplifying the borrowing process. Unlike the previous version where users could borrow any asset, now users borrow one base asset. This change also improved risk management and liquidation processes.
Users can lend their tokens to the network and earn income in COMP tokens and the token they provided. The initial base asset for V3 is USDC. Users receive equivalent cTokens in return for their deposit, which can be traded on the network.
As of now, Compound V3 has a Total Value Locked (TVL) of $1.243B and is the 8th largest DeFi platform. The protocol is initially deployed on Ethereum but is designed for any EVM compatible network.
$COMP
Now you know why $COMP was pumping.
Here's an overview: Compound V3 is the latest iteration of the compound finance It was launched in August 2022. It's a platform where users can lend and borrow stablecoins, with an emphasis on security, user experience, and capital efficiency.
The new version introduced a 'segregated base assets' model, simplifying the borrowing process. Unlike the previous version where users could borrow any asset, now users borrow one base asset. This change also improved risk management and liquidation processes.
Users can lend their tokens to the network and earn income in COMP tokens and the token they provided. The initial base asset for V3 is USDC. Users receive equivalent cTokens in return for their deposit, which can be traded on the network.
As of now, Compound V3 has a Total Value Locked (TVL) of $1.243B and is the 8th largest DeFi platform. The protocol is initially deployed on Ethereum but is designed for any EVM compatible network.
$COMP
2/ #Whale "0x4Da2" deposited 3998 #ETH ($6.72M) to #Compound and borrowed $5M #stablecoins .
Then bought 3,027 #Ethereum ($5.09M) at $1,652.
It appears that this whale is long $ETH
Then bought 3,027 #Ethereum ($5.09M) at $1,652.
It appears that this whale is long $ETH
may candidate for bull run 🔥😍 if you see this post position now it's never too late. see for yourself #Compound #Wrire2Earn
🌊 A savvy whale just went long on $ETH ! 🚀 They pulled off a slick maneuver:
🔗 Withdrew 7,324 #ETH (14.3M) from #Binance .
💼 Deposited the same to #Compound and borrowed 9M $USDT .
💰 Sent the borrowed #USDT to Binance for a strategic ETH shopping spree.
👀 Dive deeper into the whale's wallet: 🕵️♂️💼
👇
0xb82bc321850ccd550394f413800ef4e0bef4901f 🚢📈
[Disclaimer: #cryptocurrency transactions are subject to risks. Always conduct thorough research before making financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔗 Withdrew 7,324 #ETH (14.3M) from #Binance .
💼 Deposited the same to #Compound and borrowed 9M $USDT .
💰 Sent the borrowed #USDT to Binance for a strategic ETH shopping spree.
👀 Dive deeper into the whale's wallet: 🕵️♂️💼
👇
0xb82bc321850ccd550394f413800ef4e0bef4901f 🚢📈
[Disclaimer: #cryptocurrency transactions are subject to risks. Always conduct thorough research before making financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
Whale Alert: $1.5M $COMP Deposit to Coinbase - What’s Next?
🐳 Whale Alert!
A huge #COMP ($1.5M) deposit was made to #Coinbase by a whale related to the Compound team, just 3 hours ago.
Current Holdings:
💼 402,462 $COMP ($29.8M) on #Compound
Recent Transactions:
💸 Received 644,556 COMP ($47M currently) from Compound Team and Deployer.
💸 Deposited 116,320 COMP ($6.5M at that time) to #Coinbase and #Kraken
💸 Sold 131,900 COMP ($24M) via #Cumberland.
💸 Sold 27,800 COMP ($725K) on DEX.
Wallet Address: 0xd74f186194ab9219fafac5c2fe4b3270169666db
Keep an eye on this whale's moves!
$BTC $BNB
A huge #COMP ($1.5M) deposit was made to #Coinbase by a whale related to the Compound team, just 3 hours ago.
Current Holdings:
💼 402,462 $COMP ($29.8M) on #Compound
Recent Transactions:
💸 Received 644,556 COMP ($47M currently) from Compound Team and Deployer.
💸 Deposited 116,320 COMP ($6.5M at that time) to #Coinbase and #Kraken
💸 Sold 131,900 COMP ($24M) via #Cumberland.
💸 Sold 27,800 COMP ($725K) on DEX.
Wallet Address: 0xd74f186194ab9219fafac5c2fe4b3270169666db
Keep an eye on this whale's moves!
$BTC $BNB
Another 50x potential project for your crypto portfolio! $COMP
Compound (COMP) is a cryptocurrency that powers the Compound protocol, a decentralized finance (DeFi) platform that allows users to lend and borrow cryptocurrencies. COMP tokens are used to govern the Compound protocol and to reward users for participating in the platform.
Here are some of the benefits of Compound (COMP) in crypto:
🪙 Earn interest on your crypto: By depositing your crypto into a Compound lending pool, you can earn interest on your assets. The interest rates are variable and are determined by the supply and demand for each asset.
💵 Borrow crypto without a credit check: Compound allows you to borrow crypto without a credit check. You simply need to provide collateral in the form of another cryptocurrency. The amount of crypto you can borrow is limited by the value of your collateral.
👨👨👧👦 Participate in the governance of the Compound protocol: By holding COMP tokens, you can participate in the governance of the Compound protocol. This means that you can vote on important decisions about the platform, such as which assets to list and how to improve the protocol.
🎁 Get rewarded for participating in the platform: Users who participate in the Compound protocol by lending, borrowing, or providing liquidity are rewarded with COMP tokens. These rewards can be used to earn interest, borrow crypto, or participate in the governance of the protocol.
🔒 Security: The Compound protocol is secured by Ethereum, which is one of the most secure blockchains in existence.
🔍 Transparency: All of the transactions on the Compound protocol are public, which helps to build trust and confidence among users.
🕸️ Scalability: The Compound protocol is designed to be scalable, so it can be easily adapted to accommodate more users and trading volume.
Overall, Compound (COMP) is a powerful cryptocurrency that offers a number of benefits for users of the Compound protocol.
#crypto2023 #cryptocurrency #Binance #Ethereum #Compound
Compound (COMP) is a cryptocurrency that powers the Compound protocol, a decentralized finance (DeFi) platform that allows users to lend and borrow cryptocurrencies. COMP tokens are used to govern the Compound protocol and to reward users for participating in the platform.
Here are some of the benefits of Compound (COMP) in crypto:
🪙 Earn interest on your crypto: By depositing your crypto into a Compound lending pool, you can earn interest on your assets. The interest rates are variable and are determined by the supply and demand for each asset.
💵 Borrow crypto without a credit check: Compound allows you to borrow crypto without a credit check. You simply need to provide collateral in the form of another cryptocurrency. The amount of crypto you can borrow is limited by the value of your collateral.
👨👨👧👦 Participate in the governance of the Compound protocol: By holding COMP tokens, you can participate in the governance of the Compound protocol. This means that you can vote on important decisions about the platform, such as which assets to list and how to improve the protocol.
🎁 Get rewarded for participating in the platform: Users who participate in the Compound protocol by lending, borrowing, or providing liquidity are rewarded with COMP tokens. These rewards can be used to earn interest, borrow crypto, or participate in the governance of the protocol.
🔒 Security: The Compound protocol is secured by Ethereum, which is one of the most secure blockchains in existence.
🔍 Transparency: All of the transactions on the Compound protocol are public, which helps to build trust and confidence among users.
🕸️ Scalability: The Compound protocol is designed to be scalable, so it can be easily adapted to accommodate more users and trading volume.
Overall, Compound (COMP) is a powerful cryptocurrency that offers a number of benefits for users of the Compound protocol.
#crypto2023 #cryptocurrency #Binance #Ethereum #Compound
📈 #COMP/USDT Technical Analysis
🔹 Current Price: $66
🔹 4-week Increase: 200%
💡 Overview: #Compound (COMP) against #Tether (USDT) shows a strong bullish trend, with a remarkable 200% surge in just four weeks.
The recent breakout confirmation on the weekly timeframe adds further weight to the bullish sentiment.
💭 Analysis: A retracement towards $46 could potentially occur before the next upward move.
Caution is advised, and fresh buying setups are currently being avoided.
📊 Key Levels:
Resistance: $92, $174, $365
Support: $46
#TechnicalAnalysis #Binanceturns6
$COMP $BNB $SOL
🔹 Current Price: $66
🔹 4-week Increase: 200%
💡 Overview: #Compound (COMP) against #Tether (USDT) shows a strong bullish trend, with a remarkable 200% surge in just four weeks.
The recent breakout confirmation on the weekly timeframe adds further weight to the bullish sentiment.
💭 Analysis: A retracement towards $46 could potentially occur before the next upward move.
Caution is advised, and fresh buying setups are currently being avoided.
📊 Key Levels:
Resistance: $92, $174, $365
Support: $46
#TechnicalAnalysis #Binanceturns6
$COMP $BNB $SOL
BREAKOUT Confirmed: COMP/USDT Signals Strong Bullish Trend! Potential Retracement Expected
Technical Analysis of COMP/USDT: Bullish Momentum with Potential Retracement
In this #TechnicalAnalysis of COMP/USDT, we will explore the current price action and trends of #Compound (COMP) against Tether (USDT).
Overview: #COMP is currently trading at $66, representing a significant increase of 200% within a span of four weeks. The recent breakout confirmed on the weekly time frame suggests an overall bullish sentiment in the market, indicating potential upward movement. However, a retracement to around $46 may be expected before the next leg of upward momentum.
Bullish Scenario: If $COMP manages to surpass the recent high of $72, it could trigger an upward rally toward the strong resistance level at $92. This level should be closely monitored as a successful breakthrough might lead to further gains. It is essential to consider these resistance levels when evaluating potential price targets.
Resistance Levels:
$92
$174
$365
Support Level: The anticipated retracement could find support around the $46 mark. This level might provide a buying opportunity for investors looking to enter the market or add to their positions. However, it is crucial to exercise caution and wait for confirmation signals before making any investment decisions.
Disclaimer: Please note that the views expressed in this analysis are solely the author's opinion and should not be considered financial advice. It is important to conduct your own research and analysis before making any investment decisions. #Cryptocurrency markets are highly volatile and can carry substantial risks.
#GOATMoments $BTC $BNB
In this #TechnicalAnalysis of COMP/USDT, we will explore the current price action and trends of #Compound (COMP) against Tether (USDT).
Overview: #COMP is currently trading at $66, representing a significant increase of 200% within a span of four weeks. The recent breakout confirmed on the weekly time frame suggests an overall bullish sentiment in the market, indicating potential upward movement. However, a retracement to around $46 may be expected before the next leg of upward momentum.
Bullish Scenario: If $COMP manages to surpass the recent high of $72, it could trigger an upward rally toward the strong resistance level at $92. This level should be closely monitored as a successful breakthrough might lead to further gains. It is essential to consider these resistance levels when evaluating potential price targets.
Resistance Levels:
$92
$174
$365
Support Level: The anticipated retracement could find support around the $46 mark. This level might provide a buying opportunity for investors looking to enter the market or add to their positions. However, it is crucial to exercise caution and wait for confirmation signals before making any investment decisions.
Disclaimer: Please note that the views expressed in this analysis are solely the author's opinion and should not be considered financial advice. It is important to conduct your own research and analysis before making any investment decisions. #Cryptocurrency markets are highly volatile and can carry substantial risks.
#GOATMoments $BTC $BNB
Look at that "Don't be Greedy"
Always remember 'SMALL STEPS , BIG RESULT'
#TrendingTopic #Compound #growth
Always remember 'SMALL STEPS , BIG RESULT'
#TrendingTopic #Compound #growth
