Futureswap V2 wants to offer a home for DeFi whale traders
The derivatives platform uses AMMs to optimize for large DeFi traders. After the success of the automated market maker, or AMM, model for building decentralized spot exchanges, several projects are now racing to take this concept to the world of derivatives. One of these is Futureswap, an AMM-based futures exchange specifically designed for large trades.Futureswap has recently launched Version 2 of its platform, which features a unique oracle design that allows to increase capital efficiency for large trades. Benji Richards, co-founder of Futureswap, explained the idea to....
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Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. What are the common crypto whale tracking tools?Whale tracking tools like Whale Watchers, Whale Bot Alerts and others can help investors spot whale action and make quick and timely decisions.Whale tracking tools come with different capabilities, some can be just a simple window on top of a blockchain, while others have analytics and charting capabilities across multiple blockchains. Some only cover crypto whale tracking, while others offer....
While most of the crypto market seems to have entered panic mode, one Bitcoin whale has gone on an incredible buying spree. The very young whale has only been here for three months but it now boasts one of the largest BTC holdings in the industry. However, the question for now is, while this whale […]
Whale clusters show that the key-short term support areas for Bitcoin are $16,694, $16,411 and $16,064. Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000–$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if Bitcoin (BTC) price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411 and $16,064. Below the $16,000 support, $15,355, $14,914 and $13,740 could serve as macro support areas.Whale clusters form when whales accumulate BTC and do....
The upcoming whale migration is heading to cold DAO-infested waters. What can the industry do to accommodate the growing needs of this new breed of crypto investors? Web3 has brought a lot of excitement into the industry, as evidenced by the nearly $50 billion market capitalization Web3 tokens have grown in recent years. The very ethos of Web3 is one of its most attractive traits. It is an ecosystem free from barriers or intermediaries, welcoming to anyone from anywhere and open anytime. However, there is one massive problem: There is no infrastructure within decentralized finance (DeFi)....
Whales are some of the most relevant entities in the Bitcoin market because of their potential influence on the Bitcoin price through large-volume transactions. Investors and traders often look out for whale transactions, which can trigger a domino effect on the market. In one of such developments, recent on-chain data revealed that a particular whale has woken up from a three-year slumber, moving their BTC for the first time since 2020. Whale Becomes Active For The First Time In Three Years According to data from blockchain analytics platform Arkham Intelligence, a particular Bitcoin....