A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. […]
The post Whale Rapidly Accumulates Nearly $53,000,000 Worth of Ethereum and Wrapped Bitcoin: Lookonchain appeared first on The Daily Hodl.
The decentralized cross-chain protocol Orbit Chain is allocating a hefty amount to identify the culprit who stole $81 million worth of crypto assets from the platform. In December, an attacker exploited the protocol’s cross-chain bridge and looted $30 million worth of USDT, $22.5 million worth of Ethereum (ETH), $10 million worth of DAI, $10.44 million […]
The post Orbit Chain Offers Multi-Million Dollar Bounty to the Public After Suffering $81,000,000 Hack Last Month appeared first on The Daily Hodl.
A wealthy investor who made millions trading Bonk (BONK) is suddenly bullish again on the Dogecoin (DOGE) rival, according to on-chain data. Blockchain tracking firm Lookonchain reports that a profitable BONK trader just purchased more than three billion BONK. “This smart trader who made ~$6.9 million on BONK spent 386 SOL ($40,000) to buy 3.29 […]
The post Trader Who Profited $6,900,000 on BONK Goes Long on Dogecoin Rival Once Again: Lookonchain appeared first on The Daily Hodl.
An unknown crypto trader is seeing astronomical gains after holding a new meme token for just a couple of weeks. On-chain data tracker Lookonchain says that the trader spent less than $500 to acquire a stack of Coq Inu (COQ), a memecoin running on the Avalanche (AVAX) network. According to Lookonchain, the entity in question […]
The post Crypto Trader Prints 4,827x Gains in Two Weeks Trading New Avalanche-Based Memecoin: On-Chain Data appeared first on The Daily Hodl.
An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday. WBTC is an ERC-20 token pegged to the price of BTC, allowing traders to speculate on Bitcoin […]
The post Crypto Whale Profits Over $24,000,000 in Masterful Wrapped Bitcoin (WBTC) Trading: On-Chain Data appeared first on The Daily Hodl.
New data from market intelligence firm Santiment reveals that deep-pocketed Bitcoin (BTC) investors have splurged over $750 million on the king crypto during the last three months. According to Santiment, Bitcoin millionaires and billionaires have ramped up their activity since May, accumulating the top crypto asset by market cap at a high rate, pushing their […]
The post Bitcoin Whales Splurge Over $750,000,000 on Bitcoin in Just Three Months, Says Crypto Analytics Firm Santiment appeared first on The Daily Hodl.
A handful of whales dumped millions of dollars of Wrapped Bitcoin (WBTC) and Ethereum (ETH) after the crypto market slumped earlier this week. One whale dumped 150 Wrapped Bitcoin worth $4.36 million at a price of $29,053 per WBTC, according to the blockchain tracker Lookonchain. Lookonchain also notes that another whale sold off 3,967 Ethereum […]
The post Ethereum Whales Sell Off Massive Amounts of ETH and Wrapped Bitcoin As Crypto Markets Weaken: On-Chain Data appeared first on The Daily Hodl.
Blockchain data reveals that stablecoin firms Circle and Tether have frozen coins linked to the recent multi-million-dollar Multichain exploit. Earlier this week, blockchain security firm PeckShield found that Multichain, a cross-chain crypto platform, saw its Fantom (FTM) bridge hacked to the tune of $126 million worth of digital assets. The crypto assets stolen include Chainlink […]
The post Stablecoin Issuers Circle and Tether Freeze Stablecoins Tied to Multichain Exploit: On-Chain Data appeared first on The Daily Hodl.
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022.
WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions
The […]