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Glassnode: Since the 2022 cycle low, XRP active addresses have increased by 490%

19 hours ago

On April 3rd, Glassnode presented data on social media, stating that "XRP has been favored by retail investors in this cycle. The trend is different from Bitcoin, which is more institutionally driven. Since the 2022 cycle low, the active addresses of XRP have increased by 490%, while BTC has only grown by 10%—a clear indication of retail speculative demand."
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A Whale Buys $2.41 Million Worth of MKR, PENDLE, and HYPE in a 7-Hour Span

On April 4th, according to the monitoring of Spot On Chain, in the past 7 hours, the whale '0xe86' has made purchases. It bought 953.3 MKR ($1.21 million) and 230,500 PENDLE ($707,000). Additionally, it placed two orders to buy 42,900 HYPE at prices of $11.25 and $11.49 ($488,000 in total). It is worth noting that during the same period, this whale has sold a part of their LINK and AAVE holdings, resulting in a total loss of $506,000.

16 minutes ago

In the last 24 hours, multiple whale addresses have deposited a large amount of ETH to a Centralized Exchange (CEX).

On April 4th, as monitored by The Data Nerd, in the past 24 hours, a large number of institutional addresses have deposited a significant amount of ETH into CEX. Grayscale deposited 16,247 ETH (approximately $28.63 million). Blackrock deposited 10,000 ETH (approximately $17.94 million). Wintemute deposited 34,634 ETH (approximately $62.94 million). Andre Conje deposited 2,000 ETH (approximately $3.44 million). James_Fickle deposited 2,350 ETH (approximately $4.19 million).

16 minutes ago

Michael Saylor: Bitcoin is a short-term risk asset due to its high liquidity.

On April 4th, Michael Saylor responded to the "Bitcoin's Correlation with the Stock Market" matter on the X platform. He stated that in the short term, Bitcoin behaves like a risk asset as it is the most liquid, most saleable, and all-weather asset on Earth. During times of panic, traders will sell what they can sell rather than what they wish to sell. This does not imply a long-term correlation; it simply means that it is always available.

16 minutes ago

Yesterday, the U.S. Ethereum Spot ETF saw a net outflow of $3.6 million

On April 4th, as monitored by Farside, yesterday the US Ethereum spot ETF witnessed a net outflow of $3.6 million. ETHW also saw a net outflow of $3.6 million.

16 minutes ago

Yesterday, the US Bitcoin Spot ETF saw a net outflow of $99.8 million

On April 4th, according to Farside data, the net outflow of the US Bitcoin spot ETF yesterday was $99.8 million. Specifically, BlackRock's IBIT had a net inflow of $65.3 million, while FBTC had a net outflow of $23.3 million and BITB had a net outflow of $44.2 million.

16 minutes ago

BlackRock to Meet with SEC Crypto Working Group This Week to Discuss Allowing Physical Redemptions and Cryptocurrency ETF Creation

On April 4th, according to Eleanor Terrett, this week a delegation from BlackRock, the world's largest asset management firm, met with the SEC cryptocurrency working group. The meeting focused on discussing the company's existing crypto ETFs and the potential for enabling future in-kind redemptions and creations.

16 minutes ago

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