Gemini, a leading cryptocurrency exchange, has added the PEPE meme coin to its list of tradable assets. This move follows similar listings on other exchanges such as Binance, OKX, and Huobi. The price of PEPE has seen a remarkable surge of over 800% to $0.0000040, with a market capitalization of more than $1.5 billion. Gemini will first offer trading for the USD trading pair on its API/FIX and ActiveTrader applications, with trading expected to be available soon on its mobile app and website for various currency pairs. However, popular crypto analyst Michael van de Poppe predicts a possible dip in PEPE's price before a significant relief rally.
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Gemini Adds Support for PEPE Meme Coin, Following Binance and Other Exchanges
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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