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Tether Treasury’s Latest $USDT Injections Stir Crypto Market Amid Chain Swaps And Bitcoin Rally

The Tether Treasury recently pumped $1.845 billion in $USDT into major crypto exchanges on Ethereum, further stimulating market activity. The allocations included $1.706 billion to Binance, $101.7 million to Coinbase, $20 million to OKX, and $17.86 million to Kraken. This injection followed Tether Treasury minting 2 billion $USDT on Ethereum and burning 1 billion $USDT on Tron. According to Tether, these mintings were used for chain swaps, so the total $USDT supply remains unchanged. https://twitter.com/lookonchain/status/1854223374534463865?t=5t7W9QV9Q0_KZ-4U-XjIiw&s=19 Additionally, after the recent election, Tether injected another 728.6 million $USDT into the market, spreading the funds across top exchanges like Kraken, Coinbase, Binance, OKX, Bybit, and Cobocom. This fresh liquidity push contributed to a surge in trading activity, especially as crypto markets continue to gain momentum. https://twitter.com/lookonchain/status/1854396090289619426?t=6PFdH-oMRYOlGHPEZ-kulw&s=19 Over $500 Million USDT Injected Into The Market In a recent report by Lookonchain, another significant injection […]

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Trump Supporter Scores Big: MAGA-Inspired $DOGE Investment Nets $4.36 Million Profit In 3 Days

In a stunning profit-making streak, a savvy investor who bet big on MAGA-themed $DOGE tokens recently saw their earnings skyrocket by an impressive $4.36 million in just three days. Achieving a return rate of 862%, this investment stands out as another remarkable success for this high-stakes trader. https://twitter.com/ai_9684xtpa/status/1854767059647054192 The investor strategically bought up 6.01 million DOGE tokens when the market cap hovered around $76 million. Today, the market cap has surged to $143 million, effectively doubling the trader’s floating profits to over $2 million. This rapid profit increase reflects the power of timely market moves in cryptocurrency investments. This address previously achieved a similar windfall with $MAGA tokens, raking in $3.4 million and solidifying their status as a fervent Trump supporter within the crypto community. On the technical front, Dogecoin is currently consolidating in a descending triangle on lower timeframes. […]

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Wintermute Expands Memecoin Portfolio With $MANEKI, Spurs Price Surge

Wintermute has added $MANEKI to its memecoin market-making roster, acquiring 3% of the token’s total supply. This move, announced just 19 hours ago, brought 267 million $MANEKI tokens valued at $1.77 million to Wintermute’s holdings. With the tokens now recharged across major exchanges, Wintermute’s stake in $MANEKI currently sits at $1.94 million. Following the announcement, the price of $MANEKI spiked by nearly 40%, highlighting the token’s increased market visibility and investor interest. Memecoins Among Wintermute Top Holdings Wintermute’s memecoin strategy includes top-tier listings, with 14 out of its 25 largest holdings now available on Binance, making up 56% of its major assets. These include high-profile tokens like $PEPE, $BONK, $SHIB, and $FLOKI. Some of these tokens have also been launched on futures markets, such as $PEPE, $WIF, and $SHIB, reflecting Wintermute’s strategy to capture both spot and derivative markets. https://twitter.com/ai_9684xtpa/status/1854809533195124742 […]

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Massive Bets On Trump’s Victory: Market Odds Surge Amid High-Stakes Wagers

As election odds heat up, recent data from Polymarket reveals that Donald Trump currently holds a 61.8% chance of winning, a lead of 23.6% over his nearest competitor. https://twitter.com/Cointelegraph/status/1853735158010040636?t=z0b1Pya_FlbbmycPvStiXg&s=19 This shift follows a series of significant bets, including a massive $6.93 million USDC wager backing Trump, which pushed his odds above 60%. https://twitter.com/Polymarket/status/1853798564494811573?t=Jz89o6hmI-1twBMIsjjmnw&s=19 Notably, a prominent Polymarket user known as “walletmobile” recently placed a bold $10 million bet on Trump’s victory. If Trump wins, this wager stands to return a staggering $16 million to the user. https://twitter.com/ArkhamIntel/status/1853799508934537458?t=sF45-wfXvESDl6q9nBTGZA&s=19 Whale Kept Making Huge Bets On Trump's Victory  The biggest address investing in Trump’s potential win, identified as 0xd23...f29, has also been doubling down. In the last six hours alone, this account added another $3.1 million to its Trump bet, bringing its total investment in Trump’s victory to $17.2 million. If Trump clinches […]

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As Election Heats Up, Big Investors Bet On Ethereum-Based DOGE With Potential For Massive Gains

The election season is intensifying, and some savvy investors are turning their focus to DOGE—though not the traditional Dogecoin that ranks 8th in market cap. Instead, they’re eyeing the Ethereum-based memecoin known as DOGE (Department Of Government Efficiency), which currently has a market value of $76.1 million. A notable investor, who previously achieved a 60x return of $3.4 million with $MAGA, is now making bold moves with this version of DOGE. Within the past eight hours, he invested $324,000, purchasing 6.01 million DOGE tokens. Currently, he holds a total of 33.35 million DOGE, having acquired them at an average price of $0.01614, while the current trading price stands at $0.07712. His recent stake has already netted him an impressive floating profit of $2.045 million. https://twitter.com/ai_9684xtpa/status/1853992067921580126 DOGE Gets The Attention Again As Investors Monitor Elon And Election Involvement  The excitement around […]

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Altcoin Market Surges Amid Election Buzz, With Major Whale Betting Big On $PNUT And $FRED

The election frenzy has set the altcoin market ablaze, with $PNUT seeing a remarkable 127% surge over the past 24 hours as results roll in. This explosive rebound has notably impacted a mysterious whale investor, who recently spent 11,600 SOL on $PNUT, $FRED, and $OPK. Thanks to $PNUT's rally, the investor has significantly narrowed his floating loss from $1.48 million to just $183,000, inching closer to recouping his investment. https://twitter.com/lookonchain/status/1853996526995152956?t=tUcx8A954KSuxvYVvaAaLA&s=19 As of now, the whale’s profit and loss breakdown looks like this: - $PNUT: Floating profit of $308,000 - $FRED: Floating loss of $291,000 - $OPK: Floating loss of $200,000 https://twitter.com/ai_9684xtpa/status/1854007942703677603 More Whales Makes Strategic Moves With $PNUT and $FRED Investment  In a bold move, another investor has recently opened a new wallet and invested a hefty 15,132 SOL (approximately $2.8 million) to increase their holdings in $PNUT and $FRED. […]

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Major Liquidation: $GRT Holder Sees 68% Loss After Eight-Month Position

A significant $GRT address, which opened a position around eight months ago, appears to have recently liquidated 22.22 million GRT tokens, potentially incurring a loss of $6.52 million. The assets held by this address have reportedly diminished by 68% over this period. The story began on March 11, 2024, when this address withdrew 22.22 million GRT tokens from Coinbase, valued at around $0.43 per token. Since that time, the address has not conducted any transactions or sales—holding these assets in stasis for nearly eight months. However, just three hours ago, the address transferred the entire sum back to an exchange, where GRT’s current price hovers around $0.1369. https://twitter.com/ai_9684xtpa/status/1853252254696136870 In parallel with this movement, October marked a standout period for the Graph Protocol's query fees. The protocol accumulated over 423,000 in query fees, supporting more than 10,000 active subgraphs across the […]

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Solana Meme Token $BAN Sees 60% Surge Amid Strategic Sell-Off By Key Investor

Yesterday, Solana meme token $BAN rebounded by 60%, with its market capitalization briefly returning to $40 million. This surge coincided with the conclusion of a significant sell-off by a suspected "conspiracy group" or "rat warehouse" address, identified as 2giqG…MLGZT. This main address, which once controlled 9.2% of all $BAN tokens, turned a $903 investment into a profit of $567,000—a staggering 627x return. The primary address strategically acquired 92.2 million $BAN tokens (9.2% of the total supply) during an internal market phase, spending only 5.09 SOL ($903). As $BAN's value surged, the address sold 34.1 million tokens, securing a profit of 330.2 SOL. It then distributed 58.75 million tokens to six secondary addresses, where tokens were further funneled into smaller amounts to tertiary addresses for sale. This complex structure created a steady flow of tokens among addresses, allowing for discreet liquidations […]

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Whale’s Risky Bet On $RIPETH Ends In Dramatic $143K Loss

In a striking series of moves, a prominent whale, who recently accumulated 206,111 $SOL (worth around $36 million) in just nine days, made headlines by creating a new token called $RIPETH. This token, possibly intended as a playful jab at Ethereum ($ETH), initially skyrocketed to a market cap of $12 million but swiftly plummeted to just $1.2 million. Nine days ago, this whale began withdrawing large amounts of $SOL from Binance and started staking it. Shortly after, they launched $RIPETH without promoting it, and for about a week, the token stayed under the radar. Then, just four hours ago, $RIPETH began attracting investors, likely due to increased awareness on social media. Sensing the sudden attention, the whale withdrew an additional 200 $SOL from Binance to invest in $RIPETH, sparking even more interest in the token. However, after briefly holding, the […]

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sUSD Launches On Solana: Real-World Assets Now Accessible With Just $5

Solana's ecosystem has welcomed sUSD, the first real-world asset (RWA)-backed synthetic stablecoin on the network, which saw over $10 million in USDC deposits in its first hour, with nearly 5,900 individual deposits. https://twitter.com/solayer_labs/status/1851263187288756337?t=T5KqACwURzM5pxhNANiIsw&s=19 The innovative stablecoin allows users to access tokenized RWAs, starting with U.S. Treasury Bills, by depositing as little as $5. https://twitter.com/lookonchain/status/1851650878924820546?t=E_vDCEp52RHB05Y57iThGw&s=19 Key launch details include the opening of Epoch 5 on October 30th at 7 a.m. PST (2 p.m. UTC) for sUSD minting, with a $20 million cap and exclusive incentives: the first $10,000 deposited earns a 10x boost, and additional rewards are available through the OpenEden dual boost program. Built on foundational principles, sUSD aims to create a stablecoin independent of traditional banks, bringing real-world assets into the blockchain realm for mainstream adoption. The protocol operates as a non-custodial Request-For-Quote (RFQ) marketplace, allowing only token holders […]

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