In a surprising turn of events that has the crypto community on high alert, the FTX liquidation wallet has just executed a significant transfer. Data from Arkham Intelligence reveals that 572 SOL, valued at approximately $94,000, were moved to a Binance Exchange deposit address roughly an hour ago. This activity from the FTX liquidation wallet […]
Is the tide turning against Solana? Recent data reveals a significant increase in short positions on Solana (SOL) futures, signaling a growing bearish sentiment among traders. This shift comes amidst a wave of memecoin controversies on the Solana network, raising questions about its stability and future performance. Let’s dive into what’s driving this change and […]
The crypto world is buzzing with the latest move from an unlikely, yet influential figure. Dave Portnoy, the outspoken founder of Barstool Sports, has once again dipped his toes into the digital asset waters, and this time, it’s a significant splash. Known for his bold personality and penchant for both sports and speculation, Portnoy’s recent […]
Hold onto your hats, crypto enthusiasts! January witnessed an explosive surge in network activity on Solana (SOL), culminating in a jaw-dropping $550 million in monthly Solana transaction fees. This isn’t just a bump in the road; it’s a monumental leap, smashing previous records and signaling a potentially transformative phase for the high-speed blockchain. According to […]
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