π³ According to monitoring by EmberCN, SIREN whales control about 88.5% of the supply, rising to nearly all spot when including CEX holdings. Among the top 54 holders, 52 addresses belong to the same entity, excluding the burn address and Binance Web3 wallet; 48 were recently consolidated and 4 trace back to buys in late June to early July last year.
The concentration is linked to SIRENβs 30x rise in one and a half months. The entity is suspected to be DWF Labs, whose public wallet holds about 3 million SIREN and moved tokens before the 66.5% consolidation.
The concentration is linked to SIRENβs 30x rise in one and a half months. The entity is suspected to be DWF Labs, whose public wallet holds about 3 million SIREN and moved tokens before the 66.5% consolidation.
π½ From March 16 to March 20 (ET), Bitcoin spot ETFs recorded net inflows of $95.18 million, marking four consecutive weeks of net inflows.
Ethereum spot ETFs saw net outflows of $59.94 million.
SOL spot ETFs recorded net inflows of $21.10 million, while XRP spot ETFs saw net inflows of $0.64 million.
Ethereum spot ETFs saw net outflows of $59.94 million.
SOL spot ETFs recorded net inflows of $21.10 million, while XRP spot ETFs saw net inflows of $0.64 million.
π Gold enters bear market after falling over 20% from its all-time high.
π Fidelity Investments has called on the SEC to develop rules for integrating crypto assets into existing market structures, particularly into alternative trading systems.
theblock regulation #regulation
theblock regulation #regulation
π According to a new report from the real asset data platform RWAio, banks are exploring the use of tokenized deposits. They are testing ways to transfer funds from commercial banks to blockchain-based payment and settlement infrastructure.