Cointime

Download App
iOS & Android

A certain whale spent 817 ETH to buy 1.29 trillion PEPE in the past 3 days.

On November 5th, according to The Data Nerd's monitoring, in the past 3 days, the whale address starting with 0x373 has spent 817 ETH (1.39 million USD) to purchase 1.29 trillion PEPE. It is reported that the whale lost 1.3 million USD on ARB and made a profit of 423,000 USD on MKR.

Comments

All Comments

Recommended for you

  • Jupiter Lianchuang: A new PPP mechanism needs to be invented to prove that there is a better alternative than PVP

    Meow, co-founder of Jupiter, posted on social media stating that PPP (Participant-Platform-Protocol) is very important, otherwise they will devour each other before achieving all the dreams of changing the world.Currently, incentive measures strongly favor PVP (Participant-Value-Protocol), but everyone feels worse about our industry than ever before. Now we need to invent new PPP mechanisms and use them to prove that there are better alternatives than PVP, otherwise we will just blame each other all day and say, "Yes, that's how the game is played."
  • The Information: Stability AI receives over $100 million in funding from investment group

    Stability AI company has received funding from an investment group led by Sean Parker, with a total investment of over $100 million, but the specific amount has not been disclosed. In addition, Stability AI company also announced a CEO change, with former CEO of visual effects company Weta Digital, Prem Akkaraju, taking over the position.Previously, Stability AI reached a partnership with Render Network to use a decentralized GPU network to massively expand AI training and inference capabilities at a low cost.
  • Fantom: The third Sonic governance proposal has been released, involving the annual destruction mechanism of S tokens

    The Fantom Foundation posted on social media that the 3rd Sonic governance proposal has been released, which includes ecosystem subsidies, a new token burning mechanism, and innovative programs such as Sonic Spark and Sonic University.It is reported that over the next six years, the Sonic Foundation will allocate a portion of tokens as operating funds for Sonic Labs to manage dApps, BD partnerships, and network growth between existing and new user communities.In addition, if the community decides to control the inflation rate at 1.5% per year over the next six years, 47,625,000 tokens (3,175,000,000 x 1.5%) will be minted each year. If Sonic Labs only uses 5,000,000 tokens that year, the Sonic Foundation will burn the remaining tokens (42,625,000).
  • Curve founder: $10 million of CRV bad debts on Curve lending platform have been fully repaid

    Curve founder Michael Egorov tweeted that he has fully repaid the $10 million bad debt caused by the UwU Lend security incident that triggered the liquidation of CRV lending positions.
  • Curve founder CRV's loan position liquidation was triggered by the UwU Lend security incident

    Michael Egorov, the founder of Curve, stated through a representative on Telegram on Friday that a vulnerability in UwU Lend caused a series of events that led to Curve's massive liquidation on Thursday. Egorov used Curve's CRV token as collateral to obtain a $100 million loan from various protocols, which began automatic liquidation on Thursday, causing the token to drop 30%, then briefly recover.Egorov said, "On April 15, UwU Lend deployed vulnerable code for the sUSDe market, which is not isolated, so the entire platform bears the risk. UwU was hacked, and as part of the cash-out operation, the hacker deposited the stolen CRV from UwU into lending.curve.fi (Llama Lend), then disappeared with the funds, leaving the debt in the system."Egorov estimates that the bad debt in the specific CRV lending pool is $10 million (already repaid 93%). Although this market is completely isolated from other lending pools, as long as the bad debt exists, CRV depositors cannot withdraw their funds. However, Egorov said that this situation may help strengthen Curve's security measures and lending mechanisms, and may provide better services to users in the coming months.
  • Chairman of the U.S. SEC: The economic substance of a product determines whether it is a security under the Securities Act

    The US Securities and Exchange Commission (SEC) announced that Terraform Labs PTE, Ltd. and Do Kwon have agreed to pay over $4.5 billion.SEC Chairman Gary Gensler stated: "This case confirms the repeated fact that the economic substance of a product, not labels, promotion, or hype, determines whether it is a security under securities laws. Terraform and Do Kwon's fraudulent conduct reminds us that investors are harmed when companies break the law."
  • LayerZero Co-creation: 23.8% of the total tokens will be allocated to the community and builders

    LayerZero co-founder Bryan Pellegrino posted on social media about the approximate distribution of LayerZero's token ZRO, stating that 23.8% of ZRO token supply will directly flow to the community and builders. Among them, 8.5% will be distributed on the first day (5% core, 3% RFP, 0.5% community pool).The rest will be distributed over the next 36 months, with additional retrospective allocations every 12 months, as well as some forward-looking RFPs for builders.
  • Bloomberg ETF Analyst: Ethereum Spot ETF Launch Date May Be Advance to July 2

    PANews reported that Eric Balchunas, an ETF analyst at Bloomberg, tweeted that the launch date of the Ethereum spot ETF may be moved up to July 2nd. It is said that staff members sent comments on the S-1 to the issuer today, which were brief and requested a response within a week. They are likely to announce its effectiveness next week and resolve the issue before the holiday.
  • Nascent withdrew 447.67 billion PEPE from Binance 6 hours ago, accounting for the largest proportion in its investment portfolio

    Spot On Chain reported that six hours ago, Nascent withdrew 44.767 billion PEPE coins (worth $5.48 million) from Binance, currently with a profit of $262,000 (+4.8%). Currently, PEPE ranks first in the investment portfolio of the venture capital firm, followed by MKR, with a total profit of $2.45 million (+248%).
  • A smart money investor who opened a position in PEPE on May 14 has made a 43% profit

    According to blockchain analyst @ai_9684xtpa, the smart money that previously traded PEPE and earned $3.49 million established a position in PEPE on May 14th, which is currently up 43%. The cost of establishing the position was approximately $0.00001046 per share and it is currently up $1.83 million.