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On-chain data shows that the whale still holds a total of 303.5K Ethereum worth $750 million across the two wallets.
The fraud has had a severe impact on elderly investors, many of whom were not familiar with cryptocurrency.
Recently, NetMind.AI’s native cryptocurrency NMT was listed on the Bitget exchange, with its value currently trading around $2.32, a notable 11% increase over the past week.
The price of the CANTO token fell on Sunday by 11%, following the news.
Ethereum (ETH) is a huge beneficiary of the recent price correction. Beyond the $155 million in inflows last week, its year-to-date inflows have reached $862 million.
Institutional support has further boosted SUI’s market position.
The surge in XRP options activity is undoubtedly a bullish signal for the cryptocurrency.
The current wave of liquidations has sent shockwaves through the entire crypto community, with many traders reassessing their risk management strategies.
Presently, ETHA stands as one of the top six ETF launches of the year.
Further downward pressure on specific tokens is expected in the coming week due to scheduled token unlocks, with over $120 million worth of tokens set to be released.
In the hours following the announcement, the market reacted swiftly. CVP saw its value plunge by 25%, dropping from $0.31 to $0.23 in less than two hours.
VCs believe that there’s a growing fatigue in infrastructure investment and thus they are putting greater focus on opportunities in crypto applications.
Despite the current bearish trend, some analysts maintain a bullish outlook for Cardano’s future.
L2s like Arbitrum and Taiko saw an additional 97 million combined transactions over the last 30 days.
The collaboration was described as a strategic partnership between BitGo, the Tron ecosystem, and Justin Sun