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MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

2025.04.18 13:32:15

On April 18th, JP Mullin, a co-founder of MANTRA DAO, launched a Twitter poll to seek feedback on the execution method of the team token burn. He stated, "After announcing the intention to burn all team-held tokens, we have received a significant amount of feedback from the community, investors, and others in the past few days. This decision is for the benefit of the community, and the poll is to understand everyone's views and attitudes on how to implement this." The poll presented four options: immediate full burn, annual extension of the vesting period, transfer to a community multisig wallet, and gradual unlocking over time.
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Bitcoin Withdrawal Continuation, CEX Net Outflow of 5938.19 BTC in the Last 24 Hours

On November 23rd, according to Coinglass data, in the past 24 hours, a total net outflow of 5938.19 BTC has been observed in CEX. The top three CEX outflows are as follows: · Coinbase Pro, with an outflow of 12,250.50 BTC; · OKX, with an outflow of 897.60 BTC; · Gemini, with an outflow of 743.88 BTC. In addition, Binance witnessed an inflow of 6,633.58 BTC and ranked first in the inflow list.

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Bitcoin's return rate in November this year is currently at -21.28%, compared to the historical average return rate of 42.49%.

On November 23rd, as per the data from Coinglass, Bitcoin's year-to-date return rate in November currently stands at -21.28%, as opposed to the historical average return rate of +42.49%. It was previously reported that on November 1st. Since 2013, Bitcoin's average return rate in November has been +42.49%, with a median return rate of +8.81%. Over the past 12 years, in November, there have been 8 increases and 4 decreases.

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Analyst: Bitcoin RSI Enters Oversold Zone, Similar Scenarios in the Past Saw Rapid Reversals

On November 23rd, cryptocurrency analyst @ali_charts put out that the Relative Strength Index (RSI) of Bitcoin has entered the extremely oversold zone. In the previous two similar situations, the market witnessed a rapid rebound.

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A whale went long with 2x leverage on 1425 ETH, with a position value of $4 million.

On November 23rd, as monitored by Onchain Lens, a whale deposited 2 million USDC into HyperLiquid and initiated a 2x leveraged long position in ETH. Currently, the position is valued at $4 million, holding 1,425 ETH, and there is a limit sell order set to close at a price of $2,980.

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Coinbase: MON Token Distribution Coming Soon

On November 23rd, Coinbase announced the accomplishment of the MON public sale, having raised $269 million with an oversubscription of 1.43 times. 85,800 users from over 70 countries participated in the public sale, and the distribution of MON tokens is about to commence.

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Uniswap Community Proposes "Uniswap Launch Fee Switch" Sanity Check Proposal

On November 23rd, based on the information on the official website, the Uniswap community has reached a 100% quorum on the "Uniswap Governance Proposal Threshold Check for Uniswap Fee Switch Activation" proposal. After this proposal was passed, a full on-chain vote will be carried out.

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