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 […]