π #APT Aptos is leading in stablecoin flows
Stablecoin activity on Aptos hit $528M, while Ethereum recorded $138M β putting Aptos roughly 73% higher in stablecoin volume today. #stablecoin
Stablecoin activity on Aptos hit $528M, while Ethereum recorded $138M β putting Aptos roughly 73% higher in stablecoin volume today. #stablecoin
ππ #BTC CryptoQuant reports inflows at levels last seen in Dec 2024, right before Bitcoin blasted past $67K and ran to $108K.
π₯4
ππΈ #ETH needs just an 11% push to liquidate more than $3 billion in shorts.
ππΈ #BTC would wipe out $2.7B in shorts if it pumps 4%. At a 10% pump, it'd wipe out $5.5B.
π₯³ #HYPE Hyperliquid co-founder reported that TradeXYZ, Ventuals and Felix Protocol have launched HIP 3, a protocol update introducing permissionless deployment of perpetual futures markets.
It also added that HIP 3 is expected to improve capital utilization and pricing efficiency in global markets by allowing developers to leverage Hyperliquid's onchain infrastructure.
It also added that HIP 3 is expected to improve capital utilization and pricing efficiency in global markets by allowing developers to leverage Hyperliquid's onchain infrastructure.
π¬π§π¨π³ #BTC The UK Supreme Court will tomorrow hold a hearing on the disposition of 60k BTC confiscated from a Chinese national.
π #BTC Santiment: Though not a guaranteed crypto bottom signal, probabilities of a market reversal greatly increases when social dominance for Bitcoin surges. During Friday's dip below $95K, discussion rates hit a 4-month high, signaling severe retail panic & FUD.
π΅οΈββοΈπ³ Whale and institutional activity:
- Arthur Hayes sold 780 #ETH (~$2.4m), 5m #ENA (~$1.38m), 132,730 #ETHFI (~$124k), 640k #LDO ($480k), 1,630 #AAVE ($289k) and 28,670 #UNI (~$209k);
- Whale, which recently bought 444,895 ETH ($1.39 billion), today withdrew 177k ETH ($561.3 million) from Aave and transferred 44k ETH ($140.2 million) to Binance (it currently has an unrealized loss of ~$125 million);
- Bitmine acquired 67,000 ETH worth >$234M in the last week
- Arthur Hayes sold 780 #ETH (~$2.4m), 5m #ENA (~$1.38m), 132,730 #ETHFI (~$124k), 640k #LDO ($480k), 1,630 #AAVE ($289k) and 28,670 #UNI (~$209k);
- Whale, which recently bought 444,895 ETH ($1.39 billion), today withdrew 177k ETH ($561.3 million) from Aave and transferred 44k ETH ($140.2 million) to Binance (it currently has an unrealized loss of ~$125 million);
- Bitmine acquired 67,000 ETH worth >$234M in the last week
πΌ #NFT trading volume fell another 5.06% this week to $79.4 million, while the number of buyers and sellers rose ~700%.
πΌ #NFT trading volume fell another 5.06% this week to $79.4 million, while the number of buyers and sellers rose ~700%.
π£ BitMine Chairman Tom Lee suggested that the cryptocurrency market weakness could be due to one or more market makers having a "hole" in their balance sheets and the "sharks" circling to cause liquidation and push #BTC down. He emphasized that this is a short-term situation that does not change Wall Street's view of #ETH.
ππ #BTC CQ: At peak capitulation, Short-Term Holders sent -64.6K BTC to exchanges at a loss. That selling pressure is now cooled off.
ππ #BTC Itβs been the worst performing Q4 so far for Bitcoin since 2019.