#ETH stakes surpassed $20 million in just a month since Ethereum's Shapella Upgrade.
Less than $20 billion of stablecoins left on exchanges as capital continues to drain π
β‘οΈNearly $24 billion of stablecoins have left exchanges since FTX collapsed last November
The total market cap of stablecoins has dipped $16 billion in that time
Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices
The strict regulatory climate in the US, high yields in trad-fi, and uncertainty may be contributing to the pattern.
β‘οΈNearly $24 billion of stablecoins have left exchanges since FTX collapsed last November
The total market cap of stablecoins has dipped $16 billion in that time
Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices
The strict regulatory climate in the US, high yields in trad-fi, and uncertainty may be contributing to the pattern.
Bitcoin Miners Dump $55 Million Worth of $BTC
Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period,
Bitcoin miner reserves have dropped by more than 2,000 BTC over the past 24-hour period, suggesting miners β who help secure the blockchain and earn block rewards in return β have dumped $55 million worth of Bitcoin on the market.
Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period,
Bitcoin miner reserves have dropped by more than 2,000 BTC over the past 24-hour period, suggesting miners β who help secure the blockchain and earn block rewards in return β have dumped $55 million worth of Bitcoin on the market.
On 2023/05/20 at 07:25:11 UTC, Tornado Cash $TORN governance effectively ceased to exist. Through a malicious proposal, an attacker granted themselves 1,200,000 votes. As this is more than the ~700,000 legitimate votes, they now have full control.
https://openchain.xyz/trace/ethereum/0x3274b6090685b842aca80b304a4dcee0f61ef8b6afee10b7c7533c32fb75486d
https://openchain.xyz/trace/ethereum/0x3274b6090685b842aca80b304a4dcee0f61ef8b6afee10b7c7533c32fb75486d
We noticed that Machi Big Brother changed another address to buy $PEPE.
He has bought a total of 60B $PEPE with 52 $ETH($94K), and the average buying price is $0.000001565.
https://debank.com/profile/0x7fbaf24be5fb8eaefa5add9af3f7052d3ff52e40/history?token=0x6982508145454ce325ddbe47a25d4ec3d2311933_PEPE_eth
He has bought a total of 60B $PEPE with 52 $ETH($94K), and the average buying price is $0.000001565.
https://debank.com/profile/0x7fbaf24be5fb8eaefa5add9af3f7052d3ff52e40/history?token=0x6982508145454ce325ddbe47a25d4ec3d2311933_PEPE_eth