The Risks of Blockchain and Decentralization: Users Transferring Large Amounts of DESK to “Collector” Wallets

The Risks of Blockchain and Decentralization: Users Transferring Large Amounts of DESK to “Collector” Wallets

Users started transferring large amounts of DESK to collector wallets, despite the terms of service prohibiting its trading. A secondary market emerged, assigning value to DESK, which was not intended. This lack of control was a risk of blockchain and decentralization. Ultimately, it was determined that the product was not serving the community effectively, leading … Read more

XRP Surges 8% as Large Investors’ Holdings Reach Three-Month Peak

XRP Surges 8% as Large Investors’ Holdings Reach Three-Month Peak

XRP Rockets Up 8% As Shark & Whale Bags Hit 3-Month High XRP has witnessed an 8% surge in the past day, outperforming Bitcoin. This rally is attributed to increased accumulation by sharks and whales, the larger holders of XRP. On-chain analytics firm Santiment reveals that these large holders have amassed their highest levels of … Read more

Large Bitcoin Holders Continue to Accumulate as Price Retests $28,000

Large Bitcoin Holders Continue to Accumulate as Price Retests $28,000

Bitcoin Retests $28,000 As Large Holders Accumulate Bitcoin has approached the $28,000 mark as on-chain data reveals that large investors have been accumulating the cryptocurrency. Data from Santiment shows that BTC investors with 100 to 1,000 BTC have significantly increased in number recently. The Supply Distribution indicator shows the total number of coins held by … Read more