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Linera Launches Babbage Testnet

2025.04.18 13:40:16

On April 18th, Linera made an announcement regarding the commencement of the Babbage testnet. This testnet represents the next phase in the evolution of the Linera protocol, which is specifically tailored for real-time and user-centric blockchain applications. The release includes the provision of a development toolkit along with protocol upgrades.
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A new address invests $2.75 million to stake WLFI, still holding 11.21 million USD1 cash.

February 16th — Per Onchain Lens monitoring, a newly created wallet address spent 2.75 million USDC to buy 21.11 million WLFI at an average price of $0.13. The address still holds 11.21 million USD1 and is expected to keep purchasing.

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This Week's Unlock Schedule: ZRO, ARB, KAITO, and Others to Experience Large One-Time Token Unlock

Token unlock data shows several major crypto tokens will undergo one-time large unlocks this week, including ZRO, ARB, KAITO, YZY, ZK, and APE. Here’s the breakdown: - ZRO: 44.99 million tokens (valued at approx. $44.99 million, 5.98% of its circulating supply) unlock on Feb 19 - YZY: 20.33 million tokens (valued at approx. $20.33 million, 17.24% of its circulating supply) unlock on Feb 17 - ARB: 10.62 million tokens (valued at approx. $11 million, 1.88% of its circulating supply) unlock on Feb 16 - KAITO: 10.16 million tokens (valued at approx. $10.16 million, 10.64% of its circulating supply) unlock on Feb 19 - ZK: 3.79 million tokens (valued at approx. $3.79 million, 3.06% of its circulating supply) unlock on Feb 16 - APE: 1.94 million tokens (valued at approx. $1.94 million, 1.51% of its circulating supply) unlock on Feb 17

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Cryptocurrency Fear and Greed Index Rises to 12, Market Still in "Extreme Fear" Territory

February 16th — Per alternative data, today’s Crypto Fear & Greed Index stands at 12 (up from 8 yesterday), so the market remains in an “extreme fear” state. Note: The index ranges from 0 to 100, with these components: - Volatility (25%) - Market Trading Volume (25%) - Social Media Hype (15%) - Market Survey (15%) - Bitcoin Dominance (10%) - Google Trends Analysis (10%)

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On-chain ETH Long Liquidation with 29,000 ETH Take Profit Target Hit, bought back at the intraday low price of $1955

February 16th — Per Coinbob Popular Address Monitoring (via its Telegram channel), on-chain data shows the largest bullish ETH whale (address 0xa5b...) has recently adjusted its position. Between February 14th and 15th, while ETH prices were relatively stable, the whale took profits on nearly half its long positions, with an exit price of around $2,100. Its holdings dropped from 60,000 ETH (≈$126 million) to 31,000 ETH (≈$65.1 million), netting a $1.31 million profit from this sell-off. Subsequently, ETH prices extended their decline overnight and this morning, falling ~8.1% from the whale’s prior exit price. During this drop, the address continued accumulating ETH: its lowest entry price was $1,955, and it was still buying more in the half-hour leading up to the report’s filing. Currently, the whale’s 15x leveraged ETH long position totals ~55,000 ETH (≈$107 million), with its average entry price falling from $2,048

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"Whale Adds to Long Position with Another 24,000 ETH, Bringing Total Long Position to 105,000 ETH"

On February 16th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a crypto whale with a 105,000 ETH long position took profits by selling 32,000 ETH yesterday. Over the past 13 hours, the same whale has expanded its long position, purchasing 24,000 ETH at an average price of $1,972.16 per token (totaling $47.33 million).

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View: Bitcoin Accumulation Trends Point to Growing Institutional Confidence

February 16th — According to Forbes, amid a crypto market downturn, one often overlooked development is that Bitcoin is showing widespread accumulation signs. On-chain analysis indicates that following large-scale sell-offs, nearly all holder cohorts are resuming buying activity. Specifically, Glassnode data shows this marks the first time since late 2025 that wallets across all size ranges have been consistently accumulating. Notably, wallets holding 10 to 100 bitcoins demonstrated the most aggressive buying, reemerging as primary buyers when Bitcoin’s price dropped to around $60,000. As institutions continue deploying on-chain solutions, developing and launching Bitcoin-related products (including more ETFs and ETF-like offerings), and expanding overall on-chain services, the demand base for Bitcoin and other crypto assets is broader than during prior downturns.

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