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EyeOnChain
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DEX volume on
#BSC!
has surpassed
#Solana
for three consecutive days (August 21, 22, and 23), making it the second-highest ranked chain, trailing only behind
#Ethereum.
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Why is $FTM the most compelling opportunity in the market? ๐ Hereโs why Fantom ($FTM) is catching everyoneโs attention: ๐ Key Catalysts SONIC $S Upgrade: Hype is building for the December 1:1 airdrop. Layer 1 Blockchain: EVM-compatible and positioned to scale better and faster. Next $SOL? $FTM has the potential to surpass $SOL with its superior tech. ๐ Chart Analysis Prime Entry Point: Technicals are screaming opportunity. Market Structure: $FTM/USD: Impeccable setup. $FTM/BTC: Breaking free of 1,000- and 2,000-day resistance patterns. ๐ฅ Fundamentals Circulating Supply: 88% already in the market. Valuation: Fully Diluted Valuation (FDV): $2B โ among the lowest in Layer 1s/2s ($ARB, $ZK, $KAS, $TON, etc.). Comparable low FDV makes $FTM incredibly undervalued. ๐ Upside Potential Short-Term Target: 4x-5x gains likely due to the same upgrade-driven momentum that pushed $SUI. Long-Term Target: If SONIC $S adoption proves superior to $SOL, a $50 valuation this cycle isnโt far-fetched. Pro Tip: Hold through the entire bull market to maximize your returns. ๐ฅ Time to make $FTM your play of the cycle! Final Notes: Always #dyor
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๐จ Key On-Chain Moves: Kain Warwick and Alameda Research Activity ๐จ ๐ฆ Kain Warwick Withdraws from Binance for the First Time Synthetix founder Kain Warwick has reportedly withdrawn: 61,981 DYDX (~$87.9K)349,879 MATIC (~$181.39K) ๐ Transaction: 0xdc088bb579a5c2e161a4a7ca3dbb9a04711e6a27ef1b44c9038ca3ecae35e6d0 ๐ Wallet: 0xd921d809154e33516f4e933aa5f363347b85224e ๐ก First withdrawal raises speculationโstrategic allocation or new investment move? ---- ๐ฐ Alameda Researchโs Steady WLD Deposits Continue 11 hours ago, Alameda Research deposited another 143,770 WLD (~$328K) to Binance. ๐ Transaction: 0x520aa5ae1b871f223cf043c5c4e1c1ae56ea1c45459562dcb26c1eeb55f21a3e ๐ Wallet: 0xf02e86d9e0efd57ad034faf52201b79917fe0713 ๐ Context: Since August 9, 2024, Alameda Research has deposited 2.567M WLD (~$4.73M) to Binance in 17 small batches of 205,386 WLD or 143,770 WLD, averaging an unloading price of $1.841โlikely to repay creditors. ๐ Current Holdings: Alameda Research still holds 22.433M WLD (~$52.72M). At the current pace, liquidation could extend over 3 years. ๐ญ Repayment plan or strategic timing? Market participants are watching closely. #CryptoNews #onchaindata #WLD #DYDX #MATICUPDATE
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๐จ Whale Alert: Major $EIGEN Holder Moves $3.63M to Coinbase Prime! ๐จ A prominent EIGEN claimant, address 0x61c, just deposited their entire stash of 1.091M EIGEN tokens (~$3.63M) to Coinbase Prime. ๐ Transaction: 0xbb991fa564ca0f13099a688c0e64462901395cadab0d7e0ead603e0ce1e80731 ๐ Wallet: 0x61c5d039649a55d03f01b52559834ded7717805f ๐ These tokens were accumulated through 31 wallet claims on Eigen Layer between October 30 and November 26, 2024. ๐ญ Is this a prelude to a major sell-off or a strategic move? Stay tuned for updates! ๐ #CryptoNews #eigen
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๐ Whale Alert: Massive #OM Withdrawals from Binance ๐ A new whale, 0xf63, has made another significant move, withdrawing 1.39M OM (worth $5.03M) from Binance just 7 hours ago. ๐ธ Latest Transaction: Amount: 1.39M OM Value: $5.03M Transaction Hash: 0xcb5697bf8e8b325f39143cd07dbb6e4563526fb9b9b07089fa0c972cce602a77 Whale Address: 0xf636afe20c5d67fe2d5bf31a4f0143f1324d19be ๐ Total Withdrawals in 17 Hours: OM Withdrawn: 2.926M via 3 transactions Average Price: ~$3.591 Estimated Total Value: ~$10.51M ๐ Other Activities: The whale has also withdrawn 3.089M USDT from Binance, indicating possible strategic buying or preparation for further investments. ๐จ Whatโs their next move? Could this hint at bullish sentiment for $OM ? Letโs watch closely! #ommantra
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๐ฅ Vitalik Buterin Sells Memecoins & Makes a Big Donation ๐ฅ Ethereum co-founder Vitalik Buterin recently made headlines by selling off memecoins and donating a significant amount of ETH to a nonprofit organization: Memecoins Sold (24.5 ETH / $81.8K): 330B LEDOG โ 10.96 ETH ($36.7K) 3.03T DOGC โ 10.8 ETH ($36K) 300M VITALIK โ 1.14 ETH ($3.8K) 19.95M 99 โ 1.58 ETH ($5.3K) Donation to Coin Center: Vitalik donated a whopping 320 ETH (~$1.07M) to Coin Center, a leading crypto policy advocacy group. Address for transactions: 0xd8da6bf26964af9d7eed9e03e53415d37aa96045 Is this a strategic move, or is Vitalik sending a message to the memecoin frenzy? Letโs discuss! #VitalikButerin #Vitalik
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