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Explore my portfolio mix. Follow to see how I invest! #ETHCrossed2500 Whale Invests $2.25 Million in PENGU Tokens at $0.015 Each AI Summary According to Odaily, Onchain Lens has reported that a significant investor, referred to as a 'whale,' has purchased 148.12 million PENGU tokens at a price of $0.015 per token, totaling an investment of $2.25 million. This acquisition brings the whale's total holdings to 509.12 million PENGU tokens, with an estimated market value of approximately $7.46 million.
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#AltcoinSeasonLoading Sui Network TVL Reaches Record High of $2.09 Billion According to BlockBeats, data from DefiLlama indicates that the Sui Network's total value locked (TVL) has reached a new all-time high of $2.09 billion. This surpasses the previous peak of $2.083 billion recorded in January of this year. Over the past week, the network's TVL has increased by 22.4%. The top three protocols contributing to this growth are Suilend Protocol, NAVI Protocol, and Cetus.
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ECONOMY
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According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins across the network is currently $242.951 billion. This represents a slight decrease of 0.02% over the past seven days. Among these, USDT holds a market share of 61.95%.
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Federal Reserve's Balance Sheet Hits Lowest Level Since 2020 According to BlockBeats, the Federal Reserve's balance sheet decreased by $17 billion last month, reaching $6.7 trillion, the lowest level since April 2020. Since April 2022, the Federal Reserve has reduced its balance sheet by $2.3 trillion, marking a 25% decrease. This reduction accounts for approximately 48% of the $4.8 trillion purchased during the pandemic response period. Currently, the Federal Reserve holds $4.2 trillion in U.S. Treasury securities and $2.2 trillion in mortgage-backed securities (MBS). In March, the Federal Reserve announced a slowdown in the pace of quantitative tightening (QT), reducing the average monthly pace from $60 billion to $40 billion, indicating a deceleration in the balance sheet reduction process.
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Latest News
Sui Network TVL Reaches Record High of $2.09 Billion
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Cryptocurrency User Loses Over $20,000 Due to Phishing Scam
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Stablecoin Market Cap Slightly Declines, USDT Dominates
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Meme Coins Spark Debate on Crypto Market's Future
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Whale Invests $2.25 Million in PENGU Tokens at $0.015 Each
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