Cryptocurrency News
The native token of the FSL ecosystem, $GMT, and the L1 protocol token for the dydx chain, $DYDX, have both seen a 9% surge in value today, fueled by on-chain data indicating new whale accumulation. Spotonchain reports that Whale 0x240 made a substantial withdrawal of 1.86 million $DYDX ($6.65 million) […]
In recent times, the dYdX Chain has witnessed significant adoption, marked by the addition of 20 new markets to its platform since the deployment of the New Market Listing Widget on dydx.trade. The latest addition to the platform is $ALGO, contributing to the total TVL (Total Value Locked) reaching $11 […]
$DYDX, the Ethereum-based token, witnessed a notable shift in its dynamics after the recent token unlock event on December 1. With 150 million $DYDX tokens, equivalent to around $485 million and representing 83.2% of the circulating supply, being unlocked, the token’s Smart Money Outflow ranking on SpotOnChain rose to the […]
The past week has witnessed a downward trend for DYDX, with a decline exceeding 10%, and recent whale activity has contributed to this negative sentiment, especially following the token unlock event today. A substantial amount of 150 million $DYDX ($505.5 million), constituting 81.63% of the circulating supply, was unlocked just […]
The native coin of the dYdX chain, DYDX/USD, has encountered an impressive surge, denoting an incredible 50% increase in value inside the past seven days. Of course, the main reason behind this market increase are twofold. One, the expectation surrounding an impending token unlock event. Then, the new presentation of […]
Recent activity in the cryptocurrency market has drawn attention to a whale’s involvement with DYDX, a decentralized exchange (DEX) and cryptocurrency. In the most recent development, the whale deposited 1 million DYDX, valued at approximately $2.1 million, into Binance, a leading cryptocurrency exchange. This move has raised questions and curiosity […]