Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days

The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days.  In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth. The majority barely reacted to Bitcoin’s recent price drop from $41,000 to below $33,000. Only seven addresses conducted a transfer out of the wallet since the most recent all-time-high on January 10. Of the addresses that have transacted in the last 30 days, only eight of them have more than ten transactions to their name since…

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Uniswap farming ends in 4 days, potentially freeing up $1.1B ETH

The world’s largest decentralized exchange, Uniswap, has just conducted its first community call primarily to discuss which direction to take when UNI farming concludes on November 17. But the call ended with no clear direction from Uniswap, and no proposals submitted for extending UNI farming or launching new pools, so next week may well bring a lot of volatility to the space. Uniswap has been running four ETH-based liquidity pools since September 17 that have been earning 583,333 UNI per week, per pool. The collateral injection of over $2.4 billion…

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DeFi’s popularity has pushed DEX volume past $11B

Trading volume on decentralized exchanges, or DEXs, surpassed $11 billion in August as DeFi madness continues making headlines. Numbers from analysis firm Dune Analytics revealed that August trading volume represented an uptick of 152% month-over-month. The main driver behind the skyrocketing DEX volume is Uniswap, which has become a dominant exchange over the last couple of months. Uniswap has accounted for $2.8 billion in volume over the past seven days and $877 million in the last 24 hours. Uniswap even surpassed Coinbase in daily volume on Aug. 30 as investors flock to DeFi and decentralized exchanges.…

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