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A whale sold 5,088 $ETH($13.58M) at a loss of $3.66M 6 hours ago!
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Sony is launching the first public testnet for its Soneium blockchainđ âThis dual initiative marks a significant milestone in Sony Group Corporation's entry in Web3, poised to catalyze ecosystem growth and accelerate adoption by leveraging its vast global reach and technological expertise across entertainment, gaming, and consumer electronics sectors,â the company wrote in a press release
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âĄïž Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January Over the past seven months, data from cryptoquant reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan 1. #BTCâ
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âĄïžToncoinâs Price Dips and Open Interest Rises in Wake of Pavel Durovâs Arrest TONâs price fell over 22%, amidst uncertainty after Pavel Durovâs arrest, but the network remains stable. CryptoQuantâs latest analysis of TON following the recent turn of events highlighted three changes. First, the price of TON plummeted from $6.8 to $5.3 on August 25. The downtrend briefly extended to $5.1 in the early hours of August 27. The price action contributed to its weekly decline by over 22%. TON, which is the tenth-largest crypto by market cap, experienced a slight recovery and is currently trading near $5.43. Second, despite the turmoil, the network, including both the master and workchains, continued to produce blocks as usual. Finally, Open Interest in TON surged from approximately $200 million to $360 million, reflecting an 80% increase, indicating heightened speculative activity
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