Beneath is a weekend market information recap on BTC, ETH, PEPE, METIS, ORDI.
$METIS and $ETH:
On July 9, the PolyNetwork exploiter sold 43.27K $METIS for 349.4 $ETH ($652K) on the Ethereum chain over the previous 15 hours, inflicting a greater than 10% drop in $METIS value. The exploiter nonetheless holds 62,818 $METIS ($961K) and should proceed to promote extra, doubtlessly affecting the $METIS market.
$PEPE:
Additionally on July 9, a outstanding crypto dealer often known as Dimethyltryptamine.eth made a considerable sale of 180 billion $PEPE for 149.4 $ETH, equal to $279K. This sale leaves 2.07 trillion $PEPE, price roughly $3.24M, in circulation. The dealer initially spent 0.125 $ETH ($251) to purchase 5.9 trillion $PEPE and has since bought a complete of three.83 trillion $PEPE for two,411 $ETH, netting round $4.5M.
$ETH and $BTC:
On July 8, a sensible dealer recognized as 0xe28, who has a buying and selling revenue of $841K, started to lengthy $ETH and $BTC. The dealer’s positions in $ETH and $BTC might doubtlessly affect the market costs of those cryptocurrencies.
Ordinals(#ORDI) and Bitcoin ($BTC):
On July 8, Dune Analytics information confirmed that the Bitcoin NFT protocol Ordinals has minted roughly 15.4 million inscriptions, producing a complete price revenue of 1813 BTC, price about $54.975M.
Bitcoin ($BTC):
On July 7, Hong Kong-listed firm Linekong Interactive Group (08267.HK) introduced that it had bought a complete of 44.2812 Bitcoins on the open marketplace for $590K and $650K respectively. This company funding in Bitcoin might doubtlessly affect its market worth.
$ANKR and Flare($FLR):
Additionally on July 7, Ankr introduced that it might quickly be including the Flare blockchain to its RPC service. This growth is predicted to profit builders trying to construct scalable and data-connected dApps on prime of Flare.
Bitcoin ($BTC):
On July 6, Matrixport’s report indicated that Bitcoin reached a one-year excessive on June 22, 2023, signaling the top of bear markets and the beginning of latest crypto bull markets. This sign has been triggered 4 instances, with bull markets occurring in 2013, 2017, and 2021. Primarily based on earlier alerts, it’s a 100% likelihood that by the top of 2024, Bitcoin will expertise one other huge bull market with a value goal of $125,000 (+310%).
