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A whale withdrew $2.89 million of PEPE from Kraken 6 hours ago

Blockchain analyst Yu Jin reported that a whale transferred 700 ETH to Kraken six hours ago, and then withdrew 231.6 billion PEPE (2.89 million USD) from Kraken half an hour later.

Since March 16th, this whale has withdrawn a total of 750.3 billion PEPE (9.1 million USD) from Kraken. Currently, the floating profit is 770,000 USD (9%).

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In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%.

According to Cryptoslam data, the trading volume of "Pudgy Penguins" in the past 24 hours reached 1.977 million US dollars, an increase of 698.98%, surpassing BAYC (about 1.6 million US dollars) and CryptoPunks (about 1.52 million US dollars) to rank first. The data shows that in the past 24 hours, there were 58 transactions for Pudgy Penguins, with 40 sellers and 32 buyers. As of now, the total sales of Pudgy Penguins is about 385 million US dollars.
Ethereum liquidity re-staking protocol TVL dropped to $13.052 billion, Renzo TVL dropped 12.55% in 7 days

DeFiLlama data shows that the current total value locked (TVL) in Ethereum's liquidity re-staking protocol is $13.052 billion, with the top five protocols by TVL being:
The supply of stablecoin USDe has exceeded 3.5 billion

According to Etherscan data, the supply of stablecoin USDe issued by Ethena Labs has exceeded 3.5 billion coins, reaching 3,574,642,875 at the time of writing, as reported by Jinse Finance.
NFT market sales fell 45% in the second quarter of 2024

NFT sales fell by 45% in the second quarter of 2024, consistent with the bearish trend of Bitcoin. Data from CryptoSlam revealed that NFT sales dropped to $2.24 billion, the lowest level since the third quarter of 2023. This sharp decline contrasted sharply with the $4.1 billion in sales in the first quarter of 2024, which continued the growth trend of $2.9 billion in the fourth quarter of 2023.
Ordinals Inscriptions’ Cumulative Fee Income Exceeds 6,868 Bitcoins

According to Dune data, the cumulative fee income generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,868.0516 BTC, equivalent to approximately 419,994,715 US dollars. The current total amount of inscriptions cast is 67,417,871.
The German government has transferred a net 3,500 BTC in the past seven days

According to Spot On Chain monitoring, In the past seven days, the German government has netted out 3,500 BTC (225 million US dollars), most of which flowed to CEX at an average price of 64,364 US dollars. Now, they still have 46,359 BTC (2.88 billion US dollars) left.
USDC Treasury destroys 150 million USDC

Whale Alert monitored that at around 6:56 am Beijing time, USDC Treasury destroyed 150,000,000 USDC on the Ethereum blockchain, worth $150,014,443.
US spot Bitcoin ETFs have seen a cumulative net outflow of $1.298 billion in the past two trading weeks

Data from Farside Investors shows that in the past two trading weeks, the total net outflow of the US spot Bitcoin ETF reached 1.298 billion US dollars, with Grayscale having the most net outflow during the same period, reaching 517.3 million US dollars. IBIT is the only ETF with net inflows, with a net inflow of 43.1 million US dollars in the past two weeks.
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.

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A whale withdrew $2.89 million of PEPE from Kraken 6 hours ago

All Comments

Recommended for you

In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%.

Ethereum liquidity re-staking protocol TVL dropped to $13.052 billion, Renzo TVL dropped 12.55% in 7 days

The supply of stablecoin USDe has exceeded 3.5 billion

NFT market sales fell 45% in the second quarter of 2024

Ordinals Inscriptions’ Cumulative Fee Income Exceeds 6,868 Bitcoins

The German government has transferred a net 3,500 BTC in the past seven days

USDC Treasury destroys 150 million USDC

US spot Bitcoin ETFs have seen a cumulative net outflow of $1.298 billion in the past two trading weeks

Nascent withdrew 447.67 billion PEPE from Binance 6 hours ago, accounting for the largest proportion in its investment portfolio

A smart money investor who opened a position in PEPE on May 14 has made a 43% profit

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