Circle minted 250 million new USDC tokens, expanding its circulating supply. The mint was issued on the Ethereum blockchain, boosting on‑chain liquidity. The new USDC is fully backed 1:1 by U.S. dollar reserves. On-chain data service Solana Floor announced the minting of 250 million USDC at the USDC Treasury. The transaction, which is recorded on […]
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Zcash has extended its explosive recovery after confirming a bullish Adam and Eve pattern on the weekly chart, with traders now watching a potential breakout rally toward the $900 region. Zcash (ZEC) price rose more than 110% over the past…
Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, […]
The post Ethereum Whale Transfers 2,000 ETH After Decade-Long Hold appeared on BitcoinEthereumNews.com.
An address beginning with 0x158 moved nearly 2,000 ETH after more than 10 years. Arkham data showed the ETH was bought during Ethereum’s 2014 presale at about $0.31 per coin. Ethereum’s 2014 token sale ran from July 22 to September 2, with ETH priced around $0.31. A long-dormant Ethereum presale wallet moved nearly 2,000 ETH after holding the coins for more than a decade, turning one of Ethereum’s earliest purchases into a multimillion-dollar position. Arkham monitoring showed that the address, starting with 0x158, bought the ETH during the 2014 Ethereum presale at about $0.31 per token. At current prices, the transfer was worth around $4.2 million, compared with an original cost of roughly $620. Presale Wallet Moves After 10 Years Data showed the old wallet moved 1,998 ETH to another address, followed by two smaller 1 ETH transfers. The larger transfer was valued at about $4.22 mill
An onchain trader has abandoned a $100 million ether short position after absorbing a $260,000 loss and immediately reversed course, opening a leveraged 20x long bet on bitcoin worth $13.43 million. Trader Flips From ETH Short to Leveraged Bitcoin Long A pseudonymous high- leverage trader closed a short position on ether ( ETH) worth over […]
Hyperliquid, the decentralized perpetual futures platform with over $5.5 billion in total value locked, has launched canonical prediction markets for real-world offchain events, powered by automated software run by its validator network. Validator-Based Markets Enter the Fray Hyperliquid, the L1 best known for its perpetual futures exchange, announced on May 26 that it now supports […]
