SharpLink Gaming acquires 12,207 ETH, total holdings at 188, | GameChanger28 on Binance Square

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SharpLink Gaming acquires 12,207 ETH, total holdings at 188,478 ETH.Becomes largest publicly traded Ethereum holder globally.
Treasury strategy supports Ethereum network security through staking.
#eth #strategy #SharpLink  

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#solana The Solana blockchain network is accelerating at an incredible pace, and as a result, the network has experienced significant growth while hitting some notable milestones. In a recent report, Solana detailed the network development cycles observed over the past few months, which have resulted in massive network growth for different substructures within the Solana ecosystem. A remarkable feat attained this year is reflected in Solana’s network performance, according to the updated network performance status recorded since the last report. On certain occasions, Solana recorded 200 million daily transactions, while daily DEX volume hit $398 billion. Liquidity inflows soared to $200 million, and new wallet downloads crossed 400,000. The network has remarkably maintained 100% uptime for more than 15 months. Solana’s app revenue has displayed a thriving ecosystem, indicating a rise in funding and economic incentives. A chart depicting revenue growth shows that app revenue for the network has soared consistently since the third quarter of 2023, with the past two quarters displaying a major increase, as app revenue crossed the $1 billion mark. Due to the stress test established due to the high network activity recorded over the past months, the report revealed that several improvement opportunities had been spotted and subsequently strengthened. Fee throughput was boosted by 80% courtesy of a new scheduler. Lastly, developer momentum has drawn new users into the network, further indicating that network strength has been heightened over time. Notably, developers are a key part of network growth, as they are responsible for building network applications designed to attract new users and draw in new developers. The report revealed that Solana had emerged as the number 1 blockchain ecosystem for new developers joining the network, with more than 3,200 monthly active developers and more than 83% year-over-year growth, with 7,625—the highest developer count exploring the network in the previous year. #SolanaStrong

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#btc Bitcoin’s MVRV Z-Score sits under 4, far below past euphoric tops, signaling the cycle is intact and upside potential remains. Realized cap growth past $500B without sell-offs shows investors are holding Bitcoin longer, strengthening its bullish foundation. Bitcoin’s flat active address trend near 1M suggests the rally isn’t driven by hype, but by sustained network engagement. #BTC110KToday? #BinanceAlphaAlert #BinanceTGEXNY #BinanceHODLerSAHARA

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#eth #WBTC A significant arbitrage trade involving 50 WBTC for 2,217 ETH occurred, marking one of the recent large-scale swaps on a decentralized platform. The assets involved are major tokens, with both WBTC and ETH being highly traded cryptocurrencies. The trade showcases the strategic exchange between high-value tokens like WBTC and ETH due to their market positions. #trade

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#btc #ProCap ProCap BTC acquired 3,724 BTC. Transaction post $1 billion SPAC merger. #BTC110KToday?

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#btc #Whale.Alert Whale Opens $103 Million BTC Long Position with 40x Leverage A cryptocurrency trader identified as whale 0x4227 has executed a significant move by initiating a leveraged long position worth $103 million on Bitcoin, utilizing 40x leverage. This activity was observed in early October 2023. Increased leveraged Bitcoin activity raises questions about market volatility and potential regulatory interest. A whale labeled 0x4227 has dramatically influenced the crypto market by trading $103 million in Bitcoin liquidity with 40x leverage. Such risk implies confidence in Bitcoin's future valuation. The trader sold existing BTC spot holdings before initiating this position. Market observers identify no institutional or formal affiliations with this activity. The bold strategy echoes previous high-leverage trades by known figures. Bitcoin's immediate trading volumes are notably affected, especially on platforms supporting high leverage. This move hasn't been linked to impact on alternatives or shifts in market positioning beyond Bitcoin. Financial analysts are closely monitoring for potential industry ripple effects. The trade underscores the ongoing leverage practices in cryptocurrency markets. Anticipation around potential outcomes stems from historical instances where massive leverage triggered significant volatility. Market participants watch closely for any regulatory developments and on-chain anomalies linked to such leveraged positions. #BTC110KToday? #BinanceAlphaAlert #BinanceTGEXNY

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