Early Ethereum adopter, dormant for 2+ years, sold their remaining 2,024 ETH for $2.96M (via @OnchainLens). This whale sold 9,095 ETH total over 3 years, netting $12.5M at ~$1,375/ETH. Wallet history shows withdrawals from Kraken & Bitfinex a decade ago.
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According to Lookonchain, the team behind the Melania ($MELANIA) token has reportedly extracted approximately $4.2 million over the past 25 days. They allegedly used eight wallets to repeatedly add and remove liquidity, selling a total of 6.72 million MELANIA tokens for 34,168 SOL.
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According to data from Onchain Lens, a whale recently sold 5.04 million VIRTUAL tokens for $2.27 million USDC, incurring a loss of $3.48 million on the transaction. This same whale has reportedly accumulated losses of $8.51 million trading VIRTUAL across two different wallets.
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Ethereum's value could hit zero if it lacks "monetary properties," says @evanvanness. ETH needs a premium to avoid depreciating against fiat & other cryptos. A rising ETH price is vital for ecosystem adoption & funding Ethereum Foundation development. His conclusion: "ETH is money." #Ethereum #crypto
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Binance will temporarily suspend deposits and withdrawals of Filecoin (FIL) tokens on April 11, 2025, at 06:00 (UTC+8) to support the Filecoin network upgrade. The project team anticipates the network upgrade to occur around 07:00 (UTC+8) on the same day.
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A large investor, identified as a "whale" by blockchain analytics firm Lookonchain, has purchased 2,827 MKR tokens for $4 million DAI. The average purchase price was $1,415 per MKR token.
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Earlier today, Binance launched the second round of its "Vote to Delist" mechanism. Voting will remain open until April 17th.
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Wayfinder is distributing 5M $PROMPT tokens via the Kaito Dashboard! 4M tokens go to "Emerging Yappers" (90+ Yaps, <1100 followers). 1M rewards other contributors. $KAITO holders get a 30% bonus! Snapshot taken April 8th.
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Kernel: restaking infrastructure for BNB, turning its security into programmable trust for crypto apps. Also building Kelp (liquidity restaking on Ethereum) & Gain (RWA tokenization yield protocol).
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Ethereum Spot ETFs saw $11.19M in net outflows on April 9th, per SoSoValue. Fidelity's FETH led outflows at $5.73M, followed by BlackRock's ETHA at $5.45M. Total net assets for these ETFs are $5.56B, representing 2.75% of Ethereum's market cap. Cumulative net inflows stand at $2.34B.
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Bitcoin ETFs saw a 5th day of outflows, with $127M exiting on April 9th. Only Bitwise's BITB had inflows ($6.71M). BlackRock's IBIT saw the largest outflow ($89.71M). Total net assets: $91.79B, 5.56% of Bitcoin's market cap.
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Binance launches round 2 of "Vote to Delist"! Users can vote on Binance Square for projects with the "Monitoring Tag" they want delisted. This gives the community a voice, but Binance makes the final call after evaluation.
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Fetch.ai moved 15M FET ($6.58M) to a Binance address linked to DWF Labs (@ai_9684xtpa). Speculation suggests a potential sale or market-making. The team's address has moved 40M FET ($43.17M) to exchanges in the past year.
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Korean banks are pushing for eased crypto exchange rules! 🏦 Currently, exchanges can only partner with ONE bank. Banks argue this limits user choice & stability, especially as institutional crypto investment grows. They want multiple partnerships allowed. #crypto #Korea #banking
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Peter Schiff warns rising Treasury yields (10yr at 4.5%, 30yr at 5%) could trigger a 1987-style stock market crash. He urges the Fed to urgently cut rates & announce QE *tomorrow* to avoid disaster. #economy #stocks #fed
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Binance Futures is changing the funding rate settlement frequency for its VIDTUSDT perpetual contracts. Starting today, April 9th, at 18:00 Beijing time, the settlement will occur every 2 hours instead of every 4. The maximum funding rate will be capped at +2.00%/-2.00%.
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The Japanese government and ruling coalition are reportedly considering a plan to distribute between ¥40,000 and ¥50,000 to each resident as part of upcoming economic measures, according to a report by the Asahi Shimbun.
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UK 30-Year Gilt Yields Surge to 1998 High
UK 30-year gilt yields have surpassed 5.5%, reaching their highest level since 1998, with a daily increase of 15 basis points.
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Binance to Delist 7 Spot Trading Pairs on April 11
Binance has announced it will cease trading for the following spot trading pairs, effective April 11, 2025, at 11:00 AM Beijing time: ACT/BRL, ALPHA/BTC, BLUR/BTC, CELR/BTC, PENGU/BNB, POND/BTC, and RUNE/BNB.
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HashKey Exchange & HKUST team up to drive blockchain & AI innovation! 🤝 Joint research, forums & academic exchanges with HKUST's IEMS will explore fintech & digital finance trends. #blockchain #AI #fintech #HKUST #HashKey
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