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🐋 A crypto whale sold $178 million worth of BTC to acquire 58,419 ETH for the same amount.
Money is moving from Bitcoin to Ethereum.
BTCUSDT
Perp
88,518.8
-2.00%
ETHUSDT
Perp
3,073.63
-1.48%
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🚀 Bullish sentiment around $XRP continues to gain traction on social media! 💰 On Friday, XRP-based funds recorded positive inflows of over $20.1 million, marking the 19th consecutive day of net inflows.
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💵 USDT leads in stablecoin supply volume, reaching $307 billion. 📊 $USDT now controls 60.5% of the global stablecoin supply, with $186.2 billion in circulation out of a total market volume of $307.3 billion.
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💰 Ethereum price stalled at $3,000 amid ETF outflows On December 12, Ethereum ETFs recorded a net outflow of $19.41 million. Meanwhile, BlackRock's ETF, ETHA, attracted $23.25 million, while Grayscale's funds, ETHE and ETH, saw combined withdrawals of $36.52 million.
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📉 Bitfinex reports a 66% decline in spot trading volumes, reminiscent of lulls that precede the next phase of the cycle. The company's analysts note that such fluctuations may be characteristic of preparation for a new market movement.
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📉 NFT sales volume decreased by 15% to $64.9 million According to CryptoSlam data, NFT sales volume fell by 15.72% compared to last week, reaching $64.95 million, while last week it stood at $77.10 million. Market participation also declined significantly: the number of NFT buyers decreased by 68.41% to 154,955, and the number of sellers dropped by 71.48% to 115,051. 🚀 At the same time, NFT sales on Solana increased by 44%.
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