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kaymyg
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Futures Open Interest across memecoins sector has dropped significantly since their peaks. $DOGE's Futures OI 7D moving average saw a 58.45% decline, falling from $3.58B on Dec 9, 2024, to $1.49B today: glassno.de/3EHhjTz How do other memecoins compare? #PEPE , #Bonk , and #WIF also saw major deleveraging: 📉 PEPE: -71.93% ($1.25B → $351M) 📉 BONK: -75.10% ($715M → $178M) 📉 WIF: -69.83% ($653M → $197M) These memecoins followed similar patterns, with OI cooling off after speculative peaks.$SHIB and $FLOKI , while smaller in total OI, also faced steep declines: 📉 #SHIB : -74.41% ($323M → $83M) 📉 #floki : -69.18% ($41.7M → $12.9M) The trend is clear - OI has sharply corrected across memecoins. This can point to leverage flushing out but also signal a shift in sentiment across the memecoins sector.
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#Lookonchain A newly created wallet withdrew 87,328 $SOL ($14.8M) from #Binance in the past 2 days and staked it.
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#Google is exploring ways to simplify $BTC adoption
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SEVERAL USERS REPORT RECEIVING OF #FTX PAYMENTS ON #Kraken PLATFORM $SOL $FTT
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As the price of #SOL dropped, the whale deposited another 4M $USDC into #Hyperliquid to go long on $SOL. The whale has lost $6.9M(including funding fees) from going long on $BTC , $ETH , and $SOL - #Lookonchain
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