#FTX Cold Storage-labeled address on #Solana has transferred ~470K $SOL (~$15M) out. Some of these funds have been sent to #CEXs like #Binance #FTX Cold Storage-labeled address on #Ethereum has transferred ~$2.5M worth of cryptos, including 11K $COMP & ~974K $RNDN to #Wintermute: Binance Deposit
It seems that an institution has injected $33.9 million into the cryptocurrency market.
0x6A55 and 0x57B4(probably the same person) withdrew $USDC from #Circle and swapped $USDC for $USDT, then deposited $USDT to #Kraken, depositing a total of 33.9M $USDT to #Kraken .
A dormant $BTC address 17TZNT...6kRo (which has been inactive for 6 years) has moved ~2,995.11 $BTC (~$82.3m) to 2 new addresses bc1q55j8ankt9qlpvg6r9mgc0ty0r0jwpzw2dpwnpu bc1qgg9ghh7nqsvlea9dfqn2qhk89fqx85g3yrzgyv
Ethereum Foundation sold 1,700 $ETH for 2.738M $USDC at $1,611 on October 9, 8:19 AM (UTC):
this marks their biggest swap of the year: having sold a total of 2,262 ETH for $3.64M worth of $USDC and $DAI at $1,609 on average in 2023 so far, often ahead of market dips. ETH dropped by nearly 2% due to the effect of their sale this time currently holds 316K ETH($504M) across 5 addresses
We noticed four fresh addresses that have accumulated 40.59M STORJ (currently worth $19.72M), or 9.55% of the total supply, from Binance and Other Exchange over the past month:
the STORJ price has surged by more than 100% during the period all addresses still hold their STORJ
1. Address 0x331 accumulated 25.57M STORJ ($9.28M) from Binance and Other Exchange at $0.363 on average from September 15 to September 19:
still holds all, now worth $12.5M estimated gain from $STORJ : $3.198M (+34.5%) address: 0x3313ca79391615f373429f8d54eaa99f4eb09de2
2. Address 0xdF accumulated 5.68M STORJ ($2.77M) from Binance at $0.488 on average on October 8, 12:09 AM (just now):
still holds all, now worth: $2.77M estimated loss from $STORJ : $4,530 (-0.16%) address: 0xdf75ac4d543eedf9c88fc930c8ae8a3799ba3251
3. Address 0x79b accumulated 5.35M STORJ ($2.19M) from Binance at $0.409 on average on September 19:
still holds all, now worth: $2.61M estimated gain from $STORJ : $424K (+19.4%) address: 0x79bc21817709580e6be466fce93e9bcfed82d5b7
4. Address 0x97c accumulated 3.98M $STORJ ($1.5M) from Binance at $0.377 on September 19:
still holds all, now worth: $1.95M estimated gain from $STORJ : $442K (+29.4%) address: 0x97c13e89447b4a0984dee1c9e944aaae4d37dcd6
ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market
Ether ETFs made headlines this week with the release of six different futures products on Monday. ProShares Advisors is the name behind all these applications, not leaving it to chance as ETF-related mania continues. Meanwhile, the market continues to look to the US SEC for a break after months of delayed decisions. ProShares, a renowned advisory firm boasting hundreds of clients has made headlines this with multiple Exchange-Traded Product (ETF) announcement, pointing to a resolution to expand the crypto ETF market.
ProShares launches multiple ETFS ProShares Advisors has solidified the presence of Ether (ETH) in the ETF arena, launching six different ETH ETF futures products. Three of the latest are:
Notably, these ETF products do not invest in the cryptocurrencies directly, rather, they track their futures contracts. The BETE and BETH ETFs provide exposure to two of the largest cryptos in the world, Bitcoin and Ethereum, which is why the firm launched the combined products.
Citing Strategas Securities ETF and technical strategist Todd Sohn, “It is rare when you get a new asset class to enter into the ETF lexicon.” His words came as he tried to explain why traditional players are jumping into the ETF train, adding:
" We’ll see how the asset class performs, but this is a new area for everyone to get involved into, so I think that’s why you’re seeing such popularity with all these releases "