SUSHI rose 20% in 24 hours and is now trading at 1.23 USDT
According to the OKX market, SUSHI has increased by 20% in the past 24 hours and is currently trading at 1.23 USDT.
A certain whale address deposited SUSHI worth more than $5 million into SushiSwap for pledge
On November 3rd, according to Yu Jin monitoring, a certain whale address deposited 4.4 million SUSHI (equivalent to approximately $5.06 million USD) into SushiSwap for staking, two and a half hours ago. It is reported that these SUSHI were withdrawn from Bybit 6 days ago (October 27th-28th) at a rate of 200,000 per transaction, with an average withdrawal price of approximately $0.61 USD. In the following days, SUSHI began to rise significantly, with a maximum increase of 113% to $1.3 USD. Currently, the whale's floating profit from SUSHI has reached $2.38 million USD (+88%).
A whale deposited SUSHI worth more than 5 million US dollars into SushiSwap for pledge
On November 3rd, as monitored by @EmberCN, a whale deposited 4.4 million SUSHI tokens (approximately $5.06 million) into SushiSwap for staking two and a half hours ago.
These SUSHI tokens were withdrawn from Bybit at a rate of 200,000 per transaction six days ago (October 27-28) at an average price of approximately $0.61. In the following days, SUSHI began to rise sharply, with a maximum increase of 113% to $1.3.
Currently, the whale's SUSHI tokens have a floating profit of $2.38 million (+88%).
Cointime's evening highlights for October 31st
1.Spain to implement EU crypto asset market law in December 20252.dYdX Chain Goes Live, Launches Bridging UI for Token Conversion3.Bitcoin Profit Addresses Number at 39.1 Million, Record High4.SushiSwap Community Launches Governance Reform Proposal, Proposes to Put DAO Back in Control of Governance5.SINOHOPE and Alpha Blockchain Capital Partner to Launch 100% Virtual Asset Investment Fund6.Solana Foundation: Firedancer, a node validator developed by Jump Crypto, has gone live on the test network7.Nansen: FTX has transferred a total of $156 million worth of crypto assets in recent days
The SushiSwap community initiated a "governance reform" proposal, proposing that the DAO regain control of governance
On October 31st, the SushiSwap community recently launched a "governance reform" proposal, proposing to immediately stop Kanpai 2.0 and restore to the previous mode, where 100% of the fees will be owned by xSUSHI stakers. They will begin using SUSHI tokens to directly democratically vote on all new implementations and proposals, hold elections for a new management committee for SushiSwap, and draft and implement a decentralized governance charter to support SushiSwap's development as a DAO. <br>
SushiXSwap, SushiSwap’s Cross-Chain Trading Platform, Has Launched V2 Version
SushiXSwap, the cross-chain trading platform under SushiSwap, has launched its V2 version. It currently supports Ethereum, Arbitrum, Optimism, Base, Polygon, Avalanche, and BNB Chain, and integrates USDC using the Cross-Chain Transmission Protocol (CCTP). In the next phase, it will expand its business scope to more blockchain networks, including EVM and non-EVM chains, by integrating with Stargate and Axelar.
The Cumulative Trading Volume of Base in the Past 7 Days Was 99.35 Million US Dollars, of Which SushiSwap and Uniswap Accounted for More Than 80%
According to DefiLlama data, the total trading volume of Base in the past 7 days was 99.35 million US dollars, of which SushiSwap's total trading volume in the past 7 days was 45.13 million US dollars, accounting for 45.4%; Uniswap's total trading volume in the past 7 days was 38.7 million US dollars, accounting for 39%.
In addition, SushiSwap's total trading volume on the Base chain reached 131 million US dollars, and Uniswap's total trading volume on the Base chain reached 43.12 million US dollars.
SushiSwap to Integrate with Core Blockchain Protocol for Increased DeFi Services and Cross-Chain Functionality
SushiSwap, a Decentralized Finance (DeFi) platform, is planning to integrate with the blockchain protocol Core to offer a wider range of DeFi services through its cross-chain functionality. The integration will allow developers building within the Core ecosystem to access SushiSwap's liquidity pools, cross-chain swaps, and decentralized exchange (DEX) aggregator.
'X' Altcoin Explodes 1,000% Following Elon Musk Twitter Rebrand
Following Elon Musk's announcement to rebrand Twitter as X.com, an obscure cryptocurrency called X linked to a now-closed NFT marketplace has surged over one thousand percent, with a 1,047% increase in the past 12 hours, according to CoinGecko. The X token was trading at $0.00002 on Sunday with virtual zero volume and liquidity, but by Monday morning in Asia, it had pumped to $0.00025, with volume surging to $50,000, mostly on the SushiSwap decentralized exchange. The unrelated token is linked to the X NFT marketplace, which announced its closure in May, and its website states that the treasury of around $950,000 was being returned to X token holders.
SushiSwap Collaborates with ThunderCore to Drive Innovation in Web3 Gaming
SushiSwap and ThunderCore have joined forces to drive innovation in the gaming sector of the Web3 world. The partnership aims to offer enhanced Annual Percentage Rates (APRs) to liquidity providers (LPs) and introduce a range of products to bolster the ecosystem.
