The price of $PENGU has plummeted by over 50% from its all-time high (ATH) in the past 19 hours following the highly anticipated airdrop.

This sharp decline has left many wondering how the top 11 $PENGU airdrop claimants are managing their tokens amid the selloff.

A total of 991.36 million $PENGU tokens, valued at $68.4 million at their peak, were claimed during the airdrop. Of this, 351 million $PENGU (worth $10.7 million) have already been sold, representing 35.4% of the claimed amount. The

Long-term holders of Ethereum (ETH) have demonstrated unwavering conviction in 2024, with their collective holdings steadily increasing.

Currently, around 110 million ETH is held by these long-term investors, marking a significant rise in their stake over the past two years.

Social sentiment surrounding Ethereum has turned notably negative, reaching its lowest point since December 18, 2023—traditionally seen as a bullish signal. In fact, Ethereum surged by 30% in price when sentiment was at it

Tether has been a driving force in the ongoing crypto bull rally, with an average of $40 million USDT moving onto exchanges daily over the past eight weeks.

This consistent influx of stablecoin liquidity, often referred to as “dry powder,” has played a key role in fueling historic market pumps and maintaining momentum as the final stretch of 2024 unfolds.

💸 Among traceable wallets, there is a net average of ~$40M Tether per day moving on to exchanges over the past 8 weeks. Helping to fuel thi

Bitcoin continues to trade above the critical $100,000 price level, bolstered by steady capital inflows. Long-term holders are seizing the opportunity to capitalize on this liquidity, realizing record profits of $2.1 billion and distributing supply at scale.  

#Bitcoin continues trading above the psychologically important $100k price level, supported by a consistent inflow of capital.

Long-Term Holders are capitalizing on this liquidity, taking the opportunity to distribute supply at scale, se

The crypto space is abuzz with significant developments across NFTs, stablecoins, and Bitcoin’s historic performance.

Here’s a closer look at the top trending topics shaping the market this week.

Pudgy Penguins and the Rise of $PENGU

The Pudgy Penguin NFT project continues to captivate the market with the launch of its native token, $PENGU. Recently listed on major exchanges such as OKX and Binance, $PENGU has sparked excitement with its active trading and community engagement. Discussions ar

A whale known for trading PEPE tokens recently ended the ninth wave of their trading strategy with a significant loss of $612,000.

Over the past three days, the whale accumulated 360.7 billion PEPE tokens (valued at approximately $8.49 million) at an average price of $0.00002353. However, after PEPE’s market price dropped nearly 10% today, they sold all their holdings at $0.00002184, incurring a loss of 7.2%.

https://twitter.com/ai_9684xtpa/status/1869369048099868760

This marks the latest cha

2024 has been a transformative year for Chainlink, with remarkable strides made through its Build and Scale programs.

Both initiatives have fostered growth, collaboration, and innovation within the Chainlink ecosystem, attracting developers and projects from across the blockchain industry.

Scale Program Milestones  

The Scale program has expanded significantly this year, with 16 blockchain networks now participating and over 4,000 developers leveraging Chainlink’s technology. The program has

Institutional activity surrounding Uniswap’s $UNI token has surged over the past two days, with significant deposits being made to major exchanges.

This trend highlights growing movement in the $UNI market, including transactions from high-value wallets and previously dormant accounts.

One notable transaction came from a whale address, “0x59a,” with a portfolio valued at $89.4 million. This wallet transferred 1.495 million $UNI (worth $24.3 million) to Binance just an hour ago. The move secure

The NFT market is heating up, and Blur is taking the spotlight with an impressive 5x increase in trading volume.

As activity surges, many are wondering whether this could ignite a rally for the platform’s native token, $BLUR.

🔥 Blur NFT Market Trading Volume Surges 5X!

The #NFT market is heating up, and Blur is leading the charge with a 5x surge in trading volume. Will this spark a rally for $BLUR? 🚀

Bullish or bearish on NFTs? Can $BLUR sustain this momentum, or is it just a temporary spi

Tron continues to see increased whale activity, with one prominent whale completing over 1 million transactions. On-chain data reveals that whale dominance in Tron has reached 68.41%, a significant jump from 56% in January 2024.

Over the course of the year, whales have expanded their share of the total supply by 16%, now controlling nearly two-thirds of Tron’s circulating supply. In contrast, individual investors’ holdings have dropped from 32% to 23%, underscoring the growing influence of whal

Ethena Labs has unveiled its latest product, $USDtb, a stablecoin backed by BlackRock’s BUIDL.

Designed to maintain a 1:1 peg, each $USDtb token is supported by cash or cash-equivalent reserves, ensuring its stability. Users can freely transfer $USDtb tokens without facing any restrictions.

A standout feature of $USDtb is its backing by BlackRock’s BUIDL, which acts as the primary reserve asset for the stablecoin. This innovative structure allows $USDtb to scale efficiently, as BUIDL constitut

A prominent PEPE whale has transferred 300 billion $PEPE, worth $6.77 million, to Kraken just two hours ago, stirring interest in the token’s market activity.

This whale has been an active trader, accumulating 775.5 billion $PEPE ($9.28 million) via Kraken between March and September at an average price of $0.000012.

So far, the whale has sold 482.2 billion $PEPE at an average price of $0.000021, pocketing a hefty profit of $4.82 million. Despite these sales, the whale still holds 263.3 billio

The memecoin market has experienced a whirlwind year, climbing from a $29 billion market cap in February to a staggering $122 billion by December.

Leading the charge are $SPX and $MOG, which have outperformed traditional giants like $DOGE and $SHIB with price increases of over 200% in December. This growth reflects the speculative nature of memecoins, fueled by social media buzz and a strong year-end rally.

The memecoin market has experienced a rollercoaster in 2024, skyrocketing from $29B in

Since the start of December, Ethereum ($ETH) has seen a marked outflow from exchanges, with over 400,000 ETH leaving since December 1.

This trend of accumulation suggests increased confidence among investors, particularly as the price of ETH recently pushed back above the $4,000 mark, solidifying this level as strong support.

Since the beginning of December, the $ETH netflow from exchanges has predominantly been negative.

Over 400k ETH have flowed out since December 1st, suggesting a trend of

Ethena’s $USDe stablecoin is rapidly approaching a supply of $6 billion, marking a remarkable 140% increase since its October lows.

While this growth is significant, $USDe still holds just a 2.83% market share, highlighting its potential for further expansion as it continues to gain traction in the stablecoin sector. Although far from challenging dominant players like USDC and USDT, the upward trend positions Ethena as a strong contender in the space.

Driving this momentum is the resurgence in

Curve Finance founder Michael Egorov (@newmichwill) has made a significant move, purchasing 1.08 million CRV tokens worth $1.2 million at an average price of $1.114 in the past three hours.

This marks his first notable CRV buyback since the liquidation event on June 13, drawing attention to the potential resurgence of CRV’s price momentum.

https://twitter.com/spotonchain/status/1868837898570940920?t=K5jO_cQu0mUFU56LXQgkZA&s=19

The purchase comes at a pivotal moment, as CRV’s price has faced a

Bitcoin’s surge to a new all-time high of $107.8K and Ethereum’s rally back above $4K have reignited bullish narratives across the crypto market.

Amid this momentum, a few tokens are gaining significant social media traction, driven by major developments and price action.

Bitcoin ($BTC):

Bitcoin continues to dominate discussions as it unexpectedly broke through its previous all-time high. After weeks of rising impatience among investors, this milestone has shifted attention back to Bitcoin’s

The Hyperliquid trend has attracted smart money, but outcomes remain split as profits and losses highlight the volatility of this emerging market.  

Trader 0x37c (believed to be GiganticRebirth, GCR)

Renowned for shorting altcoins at the 2021 peak and correctly predicting LUNA’s collapse in 2022, GCR continues to showcase sharp market instincts. Wallet 0x37c topped up with 3.16M USDC and currently holds a $15.48M portfolio. The holdings are dominated by $HYPE (53.7%), $HFUN (20.9%), and $PURR

AAVE, the native token of the Aave protocol, is experiencing remarkable growth, recently reaching its highest price in two years.

This surge comes as key indicators highlight increasing activity and strong investor confidence.

$AAVE is experiencing a period of significant growth & positive momentum, recently it hit its highest price in 2 years! On Dec 12, it recorded 1.39k large txs, a peak since April 2022.

Could this be driven by rising lending, institutional interest, & strong market senti

Bitcoin has shattered its previous record, hitting an all-time high of $107.1K, marking another milestone in its remarkable bull run.

As the price surges, the number of non-empty wallets on the network has risen to 54.62 million, reflecting a 5.2% increase in the past year. This surge in activity signals growing confidence in Bitcoin’s market dominance and long-term potential.

In the last 48 hours alone, Bitcoin whales have made significant moves, purchasing over 70,000 BTC, worth a staggering