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Something Brewing Behind the Scenes? Our EyeOnChain team caught an interesting detail—#WazirX India’s X account i.e. @WazirXIndia follows no one. Zero. Not even Binance. But here’s the twist: #Binance (@binance) still follows WazirX India, along with Binance Customer Support (@BinanceHelpDesk) and #YZILabs (@yzilabs). What’s going on here? Could it mean $WRX making a comeback on Binance? Or is it just another crypto market enigma? No confirmations, just observations. But one thing’s for sure—the crypto space never fails to surprise.
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TRUMP Takes It All—Another Whale Wrecked The $TRUMP token rollercoaster continues, and for one whale, it’s been nothing but pain. In the last 10 hours, the whale sold 743,947 #TRUMP for $7.92 million at an average price of $10.66—locking in another $3.3 million loss. This marks their fourth trade in TRUMP, and the losses just keep piling up. Total damage so far: $15.7 million. Wallet address: EwkH5aEmKEAC2M8eh8x8XVkNyPTZt1PSUH875bXrVmjP Sometimes, diamond hands turn to dust.
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Are Hackers Behind $ETH ’s Latest Drop? Ethereum is taking a hit again, and a familiar pattern is emerging. Hackers seem to be on the move, offloading large amounts of #ETH and possibly fueling the sell-off. Two fresh wallets—likely linked to hackers—just dumped 14,064 ETH, cashing out $27.5 million in DAI. The funds came from THORChain and Chainflip, and the ETH was sold at an average price of $1,956. Wallet addresses involved: 🔹 0x17E0e39da162e17aFC566f835Fe41a5DF56E4EA5 🔹 0x293195A523f005e9A8598460BBBc9F5e89B235D2 We’ve raised this question before: Is ETH’s price drop being driven by hacker cash-outs? Given Ethereum's history as a prime target for exploits, it’s hard to ignore the signs.
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The Silent Crash: $ETH Plunges Without a Trigger Sometimes, bad news shakes the market. Other times, the market just crumbles without explanation—and that’s even more unsettling. #Ethereum just tumbled to $1,886, and one whale felt the pain firsthand. Over the last nine hours, wallet 0x17E...E4EA5 offloaded 6,505 ETH at an average price of $1,913.8, cashing out $12.76 million in the process. Wallet address: 0x17E0e39da162e17aFC566f835Fe41a5DF56E4EA5 Was it panic selling? A strategic exit? Or just another day in the unpredictable world of crypto? Whatever the reason, one thing is certain—this whale won’t be looking back at this sell with a smile.
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The End of #MEME Mania: What Comes Next? The meme coin frenzy that once sent traders into a FOMO-fueled buying spree seems to be fading. This morning at 5 a.m., Binance launched four new BSC-based meme coins, but their market caps barely scratch the tens of millions—a stark contrast to the $2 billion AI Agent tokens we saw just months ago. Binance isn’t alone in this struggle. In March, they listed nine new spot tokens and 16 contract pairs, most of which performed poorly. Even Upbit, known for igniting wild market surges, is struggling to maintain its "Korean Premium Effect" as listings increase. The harsh truth? New tokens just don’t hold the same weight anymore. The Problem with New Listings In the past, exchanges like Binance, Coinbase, and Upbit had the power to launch tokens into multi-billion-dollar valuations instantly. But as the cycle repeated, it became clear that many of these projects were propped up by marketing hype rather than actual utility. The tokenomics model was simple: Offer 5% of the supply at a discounted rate to exchange users. Airdrop another 3-5% to major token holders. Go live, release liquidity, and hope the hype carries the price up. But once the initial FOMO wore off, reality set in. The market realized that while a few projects had real revenue and staying power, many were simply overhyped cash grabs that crashed 99% within weeks. Valuing What Comes Next The silver lining? The market correction has finally given serious investors a chance to buy high-quality projects at rational valuations. Tokens like ENA, MORPHO, and PENDLE are no longer priced at sky-high valuations but at levels where real fundamentals start to matter. Meme coins aren’t going anywhere—they’ve become a permanent part of crypto culture. But blind speculation isn’t a winning strategy anymore. The true survivors will be the projects with real business models, actual revenue, and a sustainable future. So, when the next bull run comes and FOMO returns, the smart money won’t be scrambling to buy the latest hype.
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