Avalanche’s doing so well it makes other chains look like they accidentally tried to Venmo money to a fax machine. In the last 24 hours, AVAX dragged in $32.92 million like it was picking up a pizza on Friday night. That’s *not* trivial—meanwhile, some other networks are basically running lemonade stands and praying for rain.
This is not the first time such a phenomenon has occurred today, as two more dormant addresses, also holding 10,000 BTC each, moved their funds in a similar fashion earlier. In total, 40,000 BTC tied to early mining or purchases have been moved today, and all of this without the assistance of centralized platforms! 😲
While whales are quietly draining tokens from exchanges, retail traders are snoozing away. 💤 Despite the silent accumulation, prices remain rangebound. 📉
The budget proposal, which sailed through in the late hours of July 3, almost entirely along partisan lines, with only two Republicans daring to vote against it, significantly boosts the US government’s borrowing power. This has, unsurprisingly, earned it a fair share of criticism from Democrats and even some of Trump’s own allies, like the ever-vocal Elon Musk. 🚀
PEPE’s price has been swinging wildly, with a 16.5% trading range that highlights just how quickly sentiment can shift in a market that’s increasingly sensitive to geopolitical and macroeconomic signals, especially when trading volumes are low. 📈📉
Behold, the wallet “12tLs” has sprung to life, transferring a sumptuous sum of 10,000 Bitcoin (BTC), worth an eye-popping $1 billion. Such a hoard! Who knew our slumbering giants had such treasures tucked away? A swift flick of their fins, and behold—wealth is unleashed! 🐋💸
So, what’s behind this massive burn, and why is the price still dropping? Let’s dive in and find out!
This trend reflects a growing appetite among Nigerian investors for emerging opportunities as the broader markets navigate the aftermath of the geopolitical tensions between Iran, Israel, and the US.
These wallets transferred their balances to new addresses, sparking fears of long-term holder capitulation.
