Argin Chronicles
Over the past three weeks, there has been a noticeable trend of large wallets rapidly accumulating stablecoins. Wallets holding at least $5 million in cryptocurrency have collectively increased their holdings by 5.09% of the combined supplies of major stablecoins such as USDT, USDC, BUSD, DAI, TUSD, and USDP. According to data from Santiment, the total […]
The stablecoin market has experienced significant growth, witnessing an increase of $11.4 billion in market capitalization over the past four months. Notably, whale wallets holding $5 million or more have accumulated 2.32% of the top six stablecoins within just four weeks. 🥳 #Bitcoin has officially climbed above $50K for the first time since December 27, […]
Stablecoins play a pivotal role in the cryptocurrency realm, evolving from a total supply of $1B in 2018 to surpassing $120B by 2023. While Tether (USDT) continues to hold its position as the market leader, DAI has emerged as a significant player, processing over 50% of all stablecoin volume in the past fortnight. Since late […]