Из жизни альткоинов

Гендиректор Mantra Джон Маллин (John Mullin) сообщил о планах уничтожить все токены OM, предназначенные для команды проекта. Так топ-менеджер намерен восстановить доверие сообщества после обрушения стоимости токена.

Хакеры взломали учетную запись лидера Палаты общин британского парламента Люси Пауэлл (Lucy Powell) в соцсети Х ради продвижения токена на основе Solana под названием House of Commons Coin (HOC, «Палата общин»).

The best crypto projects solve key problems that Bitcoin can’t. The best of the best solve real-world problems as well.

Could Ethereum, the OG alternative blockchain, solve one of the biggest challenges in AI development?

If it can, $ETH and ERC-20 tokens could lead the best altcoins to new heights, while also pushing real-world AI development into the next phase of growth.

The Black Box: An AI Trust Issue

Centralized data, secretive algorithms, and Big Tech dominance have created what many call the ‘black box’ problem, where users can’t understand or verify how AI systems make decisions.

It’s actually two related trust issues.

The first issue comes between leading AI companies and end users. Do you trust OpenAI with your data? Do you trust DeepSeek to keep your information secure? Do you trust either of them to develop an AI that will answer your queries correctly?

Diving deeper leads to another question: Do you trust the AI itself with the decision-making process?

The basic AI development process is that you feed in data, and the AI gives you an output. But the logic in between can be a mystery. This is especially dangerous when those models are used in finance, healthcare, hiring, or law enforcement.

This is the heart of the black box problem: systems making decisions that no one can fully explain, not even their creators.

The black box problem, and the trust issues behind it, pose a huge challenge for the continued development and adoption of AI.

Could Ethereum Provide A Decentralized AI Layer?

According to former Ethereum core developer Eric Conner, the blockchain could become AI’s most important infrastructure layer.

In recent comments on X, Conner said Ethereum is on the verge of its ‘biggest mainstream moment,’ not through DeFi or NFTs, but by bringing transparency and decentralization to artificial intelligence.

With Ethereum, smart contracts can log how AI models are trained, where their data comes from, and how decisions are made. And because it’s the blockchain, those decisions are on-chain for everyone to audit.

With token-based incentives and open governance, Conner believes that Ethereum offers an alternative to the closed ecosystems of tech giants.

‘Ethereum already has the ethos with openness, collaboration and trust minimization, things that ethical and accountable AI needs.’

If Conner is right, Ethereum could be on the verge of a major leap forward.

1. Best Wallet Token ($BEST) – ERC-20 Token to Supercharge Your Web3 Wallet

Any paradigm-shifting token requires a top-flight web3 wallet. Get the most out of a leading crypto wallet with Best Wallet Token ($BEST).

$BEST is the utility token for a full-suite Web3 wallet that aims for mass adoption. It boasts user-friendly features like built-in swapping, portfolio tracking, and exclusive presale discovery.

Best Wallet’s ultimate goal is to become the go-to tool for both new and seasoned investors, allowing them to get the most out of their crypto. The app supports all ERC-20 tokens, and the $BEST token itself runs on the Ethereum blockchain.

Token holders get utility beyond just transactions, gaining early access to the best presales, potential airdrop eligibility, and premium wallet features.

Wallet apps are rapidly becoming gateways to the entire crypto economy, and Best Wallet app is no exception. Within the app itself, investors will have all the tools they need to capitalize on any AI developments.

Learn how to buy Best Wallet Token in our guide. The token, currently priced at $0.0247, has big potential – our own analysis indicates it could reach $0.072 by the end of 2025.

2. MIND of Pepe ($MIND) – Meme Coin Momentum for Revolutionary AI Agent

Speaking of AI and the Ethereum blockchain, Mind of Pepe ($MIND) isn’t just riding the meme wave. Instead, MIND of Pepe is out to build an interactive AI ecosystem around a beloved cultural icon.

The roadmap involves building a fully autonomous AI agent and deploying it on X. By interacting with the MIND agent, users will be able to guide, shape, and even train the AI itself.

That’s just the beginning of MIND’s plan. Holders of the $MIND token also gain:

• Exclusive insights straight from the MIND agent
• Advanced market analysis
• Impressive 279% presale staking APY
• Insiders-only token launches

As the MIND of Pepe learns, the ecosystem grows. The AI agent can interact directly with the Ethereum blockchain, allowing it to manage its own allocation of $MIND tokens (25% of the total token supply) and also launch more tokens.

Those features make $MIND an ideal project given the shifting AI landscape.

Our own analysis indicates that, under the right conditions, the $MIND token could reach $0.00535 by the end of 2025.

The token price currently sits at $0.0037165. Learn how to buy MIND of Pepe with our guide, and don’t delay – the project just passed the $8M funding mark.

3. Ethereum ($ETH) – Is the Original Altcoin Ready to Rock with AI?

How much of Ethereum’s next chapter will come from AI? As Eric Conner highlighted, Ethereum offers everything AI platforms need but don’t yet have: transparency, decentralization, open access to data, and built-in payments.

Projects like MIND of Pepe are already building AI agents on Ethereum. And while $ETH itself isn’t on presale, there’s certainly still room for growth.

In fact, the Ethereum organization itself recognizes the growing importance of AI. The tokens and tools launching on top of the Ethereum blockchain could alter the course of AI development. And that infrastructure-level potential could fuel another massive wave of growth.

Ethereum’s smart contracts solve the black box issue by making everything visible on-chain, from how models are funded and what data they use, to who gets paid for it. It’s a crucial step toward decentralized, trustworthy AI.

$ETH, $MIND, and $BEST – the Best Altcoins for the AI Era?

These three projects – whether wallet-based, meme-powered, or ecosystem-defining – are poised to grow under what could be the next trillion-dollar use case for Web3.

As always, do your own research. This isn’t financial advice, just a heads-up on where the best new cryptos could be going.

With crypto recovering from its earlier blues, don’t overlook the potential of these three altcoins.

On-chain data shows exchanges have seen a massive amount of Bitcoin outflows during the past day, a sign that could be bullish for BTC’s price.

Bitcoin Exchange Netflow Has Just Seen A Large Negative Spike

In a new post on X, the market intelligence platform IntoTheBlock has talked about the latest trend in the Bitcoin Exchange Netflow. The “Exchange Netflow” refers to an on-chain indicator that keeps track of the net amount of the asset that’s moving into or out of the wallets associated with centralized exchanges.

When the value of this metric is positive, it means the investors are depositing a net number of coins into these platforms. As one of the main reasons why holders transfer to exchanges is for selling-related purposes, this kind of trend can have a bearish effect on the cryptocurrency.

On the other hand, the indicator being under the zero mark suggests the outflows related to the exchanges are outweighing the inflows. Such a trend can be a sign that the investors are accumulating, which can naturally carry a bullish implication for the asset’s value.

Now, here is the chart shared by the analytics firm that shows the trend in the Bitcoin Exchange Netflow over the past week:

As is visible in the above graph, the Bitcoin Exchange Netflow has been inside the negative territory for the last few days, implying that the investors have been making net withdrawals from the exchanges.

Yesterday saw an especially large red spike in the indicator, with more than $467 million in the cryptocurrency leaving the wallets connected to these central entities.

The net outflows have come as Bitcoin has been making a push toward recovery. The fact that the investors haven’t been participating in net selling and are instead accumulating could naturally be an optimistic sign for the rally’s sustainability.

The Exchange Netflow could be to keep an eye on in the coming days, however, as things can rapidly change in the market, especially if some kind of bearish news drops.

The trend in the Exchange Netflow isn’t the only bullish signal that Bitcoin has witnessed recently. As the on-chain analytics firm Glassnode has revealed in an X post, the total number of Bitcoin addresses holding between 1,000 and 10,000 BTC has witnessed a rise recently.

Investors who have a balance lying in this range are popularly known as the whales. As shown in the chart, these humongous entities have seen their population grown from 1,944 in early March to 2,014 today.

“Whale accumulation is picking up at a pace last seen in April 2024 – signaling renewed confidence from large holders,” explains the analytics firm.

BTC Price

Bitcoin has seen its recovery rally slow down during the past day as its price is still trading around $85,000.

XRP and Solana (SOL) are emerging as leading candidates for spot exchange-traded fund (ETF) approvals in the United States. According to a recent report by Kaiko analysts, these two assets stand out due to their high liquidity, with the Ripple-related token potentially taking the lead in market readiness.

XRP And SOL Emerge As Top Candidates For ETF Approval

The US Securities and Exchange Commission (SEC) is on the brink of a significant transition with the confirmation of incoming Chair Paul Atkins by the Senate last week. 

As a former SEC Commissioner, Atkins inherits a complex portfolio that includes the pressing issue of cryptocurrency regulation. Although crypto currently represents a small fraction of overall market activity, looming deadlines for various ETF applications could push digital assets to the forefront of his agenda, the report notes.

A wave of asset managers has recently filed for crypto-related ETFs, and with these deadlines approaching, Atkins has the opportunity to reshape the SEC’s narrative on cryptocurrency, diverging from the cautious stance of previous leadership.

XRP and SOL have emerged as two of the most favored assets for ETF applications, largely due to their liquidity. A highly liquid spot market is crucial for the efficient structuring of financial products. 

According to Kaiko Indices, both tokens exhibit the highest average 1% market depth among vetted exchanges, with XRP’s market depth significantly increasing since late 2024, surpassing SOL and doubling Cardano’s (ADA) depth.

While Bitcoin’s (BTC) ETF approval was propelled by Grayscale’s legal actions, which highlighted inconsistencies in the SEC’s previous narratives, XRP’s situation is markedly different. 

Key Date Approaches

Currently, XRP lacks an active futures market, and its trading volume is concentrated offshore. However, Kaiko highlights XRP’s share of spot volume on US exchanges has recently surged to its highest levels since the SEC’s lawsuit in 2021, which led to widespread delistings of the asset.

In contrast, Solana has experienced a decline in its US market share, dropping to approximately 16% from the 25-30% range it maintained throughout much of 2022. 

This shift in market dynamics, coupled with the recent launch of a 2x XRP ETF, positions XRP favorably in the race for ETF approval.

The SEC acknowledged the token’s spot ETF applications as of late February, alongside other tokens. A crucial date to watch is May 22, when the SEC is expected to respond to Grayscale’s XRP spot filing. 

This comes at a time when the market is exhibiting mixed signals, particularly in the options market on Deribit, where bearish sentiment prevails. The implied volatility smile for the upcoming April 18 expiration indicates strong demand for downside protection.

As of now, XRP trades at $2.085, recording a surge of nearly 20% in the weekly time frame. 

Featured image from DALL-E, chart from TradingVeiw.com 

Donald Trump is back in the spotlight – and this time, he’s not launching a casino or a Twitter clone.

The US President is reportedly working on a Monopoly-style crypto game. It’s got NFTs. It’s got meme coins. It’s even got long-time business partner Bill Zanker helping bring it to life.

But let’s look past the headlines and Trump Tower-themed game boards.

This new development signals something bigger: blockchain and content creation are fusing fast. We’re not just talking about bored apes or pump-and-dump meme coins anymore. We’re talking about a creator economy that’s about to go full turbo.

And right in the center of that shift? SUBBD Token ($SUBBD) – a hot new crypto project that’s quietly positioning itself as the engine behind the next wave of creator monetization.

Meme Coins Are Evolving — And So Is the Creator Economy

It started with Dogecoin. Then came the flood of meme coins: some funny, some funky, and some just flat-out ridiculous. But every time we laughed, someone cashed out big.

Now, we’re entering a new phase. Memes aren’t just jokes – they’re culture. And where culture lives, creators thrive.

That’s why projects that blend viral content with actual utility are catching fire. Trump’s upcoming crypto game is just the latest proof that we’re moving toward a content plus blockchain boom.

And if you’re a creator – or just someone who wants in early on the next best altcoin – $SUBBD token might be your secret weapon.

SUBBD Token ($SUBBD) – The Crypto Project Giving Power Back to Creators

So what exactly is SUBBD Token ($SUBBD)?

In short: it’s the first AI-integrated crypto subscription platform designed to help creators monetize their work professionally through Web3 tools – without needing to be crypto experts.

The platform gives you access to premium content, educational material, exclusive digital assets, and personalized AI-driven experiences.

What makes $SUBBD unique is its AI-powered toolbox, which helps streamline production, boost engagement, and scale content delivery in ways that traditional platforms simply can’t.

The platform is fully decentralized.

That means creators have complete control over their data, earnings, and subscriptions – without relying on corporate middlemen or black-box algorithms to get their content seen.

You’re not getting penalized for harmless background music or blocked by sudden policy changes. With $SUBBD, you’re in charge.

On the tech side, $SUBBD comes packed with tools like automatic subtitles, image optimization, and AI voiceovers – making it easier than ever to deliver polished content with less time and effort.

With over $170K already raised in its presale and you can buy $SUBBD token for $0.055175, the project is gaining serious traction.

Why $SUBBD Could Be One of the Best Crypto Presales Right Now

$SUBBD isn’t just another token chasing meme hype – it’s building the infrastructure for a smarter, AI-powered creator economy.

As the first AI-integrated Web3 subscription platform, $SUBBD offers both content consumers and creators something most crypto projects don’t: actual utility.

From automated production tools to blockchain-based ownership and engagement rewards, it’s redefining how premium digital content is created, delivered, and monetized.

And let’s not forget timing. As Trump’s crypto Monopoly hits the scene, people are starting to ask, ‘How can I turn content into coins?’ $SUBBD is ready with the answer – and a platform to match.

Those eyeing early entry may want to check out this $SUBBD Token price prediction to see why some believe it has strong long-term potential.

So if you’ve been looking for the best presale to jump into – especially one with long-term potential – this might be your golden ticket. Or at least your rare NFT property card.

The Smarter Way to Monetize Content with Web3 Tools

Trump’s game might have grabbed the headlines, but SUBBD Token ($SUBBD) is where the real action is happening.

It’s not about rolling dice or flipping NFTs – it’s about unlocking real value through AI-powered subscriptions, digital asset access, and on-chain content monetization.

Get in before your favorite TikToker makes it go viral. And don’t forget to do your own research (DYOR), as this article is for informational purposes only and doesn’t constitute financial advice.

Министр экономики и финансов Италии Джанкарло Джорджетти (Giancarlo Giorgetti) на мероприятии в Милане заявил, что политика США в отношении стейблкоинов представляет большую угрозу для Европы, чем новые американские таможенные пошлины.

Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH’s fortunes might be about to turn.

Ethereum Set For A Bullish Breakout?

Unlike Bitcoin (BTC), ETH has not significantly benefited from the bullish developments of 2024. While the approval of spot BTC exchange-traded funds (ETFs) opened the floodgates for institutional capital to flow into the top digital asset, ETH ETFs have failed to generate the same level of interest.

Moreover, ETH’s underperformance relative to BTC has only deepened. Crypto analyst Daan Crypto Trades shared the following two-week ETH/BTC chart showing how ETH has consistently broken through key high time-frame support levels against BTC over the past few years.

Currently, ETH is trading at levels not seen since 2020 relative to BTC. According to the analyst, the final major ETH/BTC support lies around 0.016 – nearly 20% below the current level of 0.019.

On a more optimistic note, fellow analyst Ted pointed out that ETH may be breaking out of a downward-sloping trendline on the two-hour chart. He commented:

Global markets are gaining some strength, so expect Ethereum to hold the $1,550-$1,600 level. For now, I’m hoping for a breakout above and close above $1,670 for a rally towards $2K.

Similarly, seasoned analyst Titan of Crypto highlighted that ETH appears poised to break out from an ascending triangle pattern on the weekly time frame. According to him, ETH is currently trading at the bottom of the structure and could be setting up to test the top of the formation around $3,600.

For the uninitiated, the ascending triangle is a continuation pattern that forms when price makes higher lows while facing resistance at a horizontal level, eventually creating a triangle shape. It signals building buying pressure, and a breakout above the resistance line often leads to a strong upward move.

Rising ETH Exchange Reserves Could Suppress Price

While the analysts above point to a potential bullish reversal for ETH, crypto analyst Ali Martinez noted that over 368,000 ETH has been sent to exchanges since the beginning of the month. A rise in exchange reserves for a digital asset is typically bearish news, as it indicates that holders may be looking to sell their assets in the near-term. 

Additionally, even if ETH has already bottomed for this market cycle, it still faces strong resistance around the $2,300 mark. At press time, ETH trades at $1,612, down 2.7% over the past 24 hours.

Криптовалютная биржа OKX, зарегистрированная на Сейшельских островах, официально объявила о запуске с 16 апреля своей централизованной торговой платформы и кошелька OKX Wallet в США.

Эксперты американской биржи Coinbase заявили, что торговая война между США и Китаем привела к криптозиме, но в июле — сентябре следует ожидать более оптимистичного настроя инвесторов.

В конце апреля семья президента США Дональда Трампа собирается запустить криптовалютную блокчейн-игру по мотивам игры «Монополия». Журнал Fortune сообщил об этом со ссылкой на анонимные источники в компании World Liberty Financial.

Франкфуртская компания Ethena, эмитент синтетического стейблкоина USDe, объявила о прекращении деятельности в Германии. Незадолго до этого решения Федеральное управление финансового надзора Германии (BaFin) отказало компании в лицензии.

Основатель и гендиректор компании 10x Research считает, что ралли биткоина прекратилось, и началась фаза длительной консолидации, на которую указывают краткосрочные индикаторы.

The founder of a leading digital asset investment firm has raised significant concerns over the reliability of crypto token pricing, citing widespread manipulation between market makers and centralized exchanges (CEXs).

Arthur Cheong, CEO of DeFiance Capital, stated via social media platform X that the crypto market is suffering from a lack of transparency, with artificially sustained prices posing serious risks for investors.

Crypto Market Manipulation Allegations

According to Cheong, the coordination between crypto projects and market makers has created a “blackbox” scenario in which external observers, including retail and institutional investors, struggle to determine whether token prices reflect real supply and demand or are the product of manipulated mechanisms.

Cheong emphasized that such practices threaten to undermine market confidence and could ultimately render the broader crypto market “uninvestable.”

In his statement, Cheong criticized centralized exchanges for turning a blind eye to the problem, suggesting that the unchecked behavior is eroding trust across the altcoin market.

The biggest problem plaguing the liquid crypto market now is the complete blackbox of how projects and market makers can work together to create an artificial price that can sustain for a very long period.

You don’t know whether the price is a result of organic demand & supply…

— Arthur (@Arthur_0x) April 14, 2025

He highlighted the trend of tokens launched through Token Generation Events (TGEs) quickly losing value. In many cases, newly listed tokens have declined by 70% to 90% within a few months of their initial release. Cheong noted:

If the big players in the industry don’t step up to improve this, large part of the market will remain uninvestable for foreseeable future.

Community Response

Supporting Cheong’s remarks, crypto analyst Miles Deutscher shared data indicating that only 3 out of 27 crypto tokens listed on Binance this year have managed to maintain positive price action.

The remaining 88% have experienced significant declines, with losses ranging from 19% to as much as 90%. Deutscher pointed to this trend as a contributing factor in the declining participation of retail investors.

This data including the statements by Cheong have sparked interesting reactions from the crypto community. Some users called out Binance and other exchanges to do the right thing and “demand more transparency and disclosure” from projects before listing.

CEXS should demand more transparency and disclosure before they list stuff. Hey @binance @coinbase maybe is crime szn with Trump. But the party will end sooner or later, and in EU it will get stricter so might as well start self-governing. You giving the industry a bad name.

— xKix – e/acc (Zack) (@0x_zak) April 14, 2025

Meanwhile, the other side of the community reactions believe that most cryptocurrencies are worthless from the start but with speculation backing their initial rise, they are doomed to fail in the end. X user known as Kun wrote:

It’s not an issue because if it was worth it you buy it If the value of a crypto business token relies on price that’s not investing but speculation only Most tokens are inherently worthless and people don’t know why they should own anything.

Featured image created DALL-E, Chart from TradingView

Yesterday morning, hackers broke into Government Minister Lucy Powell’s X account to promote a crypto scam coin dubbed ‘House of Commons Coin’ or $HCC.

The fraudster(s) falsely claimed that it was an official House of Commons initiative, describing it as ‘a community-driven digital currency bringing people’s power to the blockchain.’

Powell swiftly deleted the misleading post and secured her social media account to prevent similar incidents from occurring. Thanks to her quick response, the tweet attracted a mere £225 to the scam.

Celebrity Social Media Accounts Fuel Crypto Scams

Investors didn’t lose major bucks, but even so, the incident shouldn’t be ignored. It follows similar cyberattacks targeting high-profile figures with large social media followings.

Movers and shakers in politics and beyond are often targeted by phishing emails or data breaches to lend legitimacy to scams.

Another example is when Political BBC Journalist Nick Robinson’s X account was hacked in February.

After falling prey to a phishing scam, his account was exploited to advertise a cryptocurrency called ‘$TODAY.’

These scams are described as ‘pump and dump’ schemes. Cybercriminals attract investors (in these cases, through celebrity endorsement), artificially inflate the coin’s value, and then sell their holdings for profit, leaving the coin worthless.

Action Fraud received reports that 35,343 social media and email accounts were compromised last year, illustrating the weight of online hoaxes.

To defend against shady schemes, Action Fraud advises enabling two-factor authentication (2FA) and using a strong password consisting of three random words that are never shared.

Another way to steer clear of deceptive crypto ventures is to stick with the Best Wallet app.

Don’t Be Fooled By Fake Crypto Tweets, Join Best Wallet

Best Wallet is a safe gateway to vetted crypto presales alongside the best meme coins and altcoins.

As the first crypto wallet to feature presale coins, it helps filter out shady tokens and gives you direct access to the next crypto to explode. You no longer have to gamble on hype X posts in the hope of catching future market movers.

Already ranked as the best software wallet for trading and HODLing, Best Wallet has set its sights even higher, aiming to shake up the $11B non-custodial market.

As a top self-custody wallet, Best Wallet ensures you alone hold your wallet’s private keys, so there’s no risk of rug pulls, shutdowns, or insider theft.

Best Wallet’s ecosystem is about more than just crypto storage and security – think integrated DEX access, exclusive airdrops, a token launchpad, and seamless cross-chain swaps, all in one user-friendly app.

You can rest easy knowing you can enable 2FA and FaceID. It also has advanced anti-fraud and MEV protection in the pipeline.

And there’s more. Buying its native token, $BEST, comes with extra perks: reduced transaction fees, community governance, and higher staking rewards (currently at an impressive 129% APY!).

Buy $BEST to Save Funds on Legit Crypto Presales

In a world where even prominent public figures aren’t safe from crypto scams, choosing only trustworthy platforms to facilitate your digital asset investments is essential.

This is why tools like Best Wallet are becoming more prevalent. Instead of finding the hottest new crypto opportunities on social media channels, you can access verified presales and top-performing tokens directly from the mobile app.

Better still, you can save fees on legit crypto presales by purchasing $BEST on presale.

Buying $BEST is a breeze. All you need to do is head to the official Best Wallet Token website, connect your wallet to the widget, and buy as many coins as you’d like using fiat, popular crypto, or meme coins.

Considering it has already raised $11.7M and the $BEST price is predicted to reach $0.072 (a 190.91% spike compared to its current $0.02475 value), now’s an opportune time to buy in.

Nevertheless, this isn’t investment advice. You must DYOR and be aware that crypto prices can tumble as quickly as they jump, even after going live on the best DEXs and CEXs.

Эксперты банка Standard Chartered прогнозируют рост рынка стейблкоинов в 10 раз — до $2 трлн — в течение трех лет, в случае принятия в США законопроекта GENIUS, создающего нормативную базу для выпуска и обращения стабильных криптовалют.

Законопроект о стратегическом резерве в биткоинах не прошел этап согласования в Комитете по доходам и налогообложению Сената Оклахомы.

Исследователи компании по кибербезопасности OddEyeResearch заявили, что токен проекта Mantra (OM) рухнул из-за манипуляций инсайдеров, контролирующих более 90% предложения актива на рынке.

Galaxy Digital, the cryptocurrency investment company led by Michael Novogratz, has sent 25,000 Ethereum tokens to Binance exchange in the last three days.

The huge transfer of digital assets, which amounts to more than $40 million, occurs just a short while after the company resolved a large market manipulation lawsuit.

Huge Ethereum Transfers Raise Market Questions

Based on blockchain information, Galaxy Digital initiated a series of individual transactions to Binance. The latest move involved 2,500 ETH worth $4.05 million and an additional 10,000 ETH worth $16.32 million.

These were preceded by previous transfers on April 12, when the company moved 4,500 ETH ($7.11 million) and 8,000 ETH ($12.63 million) to the same platform.

Ethereum price fell during the activity. It retreated from $1,675 on April 14 to $1,63 when this report was made. Market analysts indicate that, especially during a very small time frame, such bulky institutional trades can really influence trading behavior and market prices.

Galaxy Digital deposited another 12,500 $ETH($20.36M) to #Binance 5 hours ago.

That’s 25,000 $ETH($40M+) moved to #Binance in just 3 days.https://t.co/owM3zRHpAx pic.twitter.com/tBtHImGwwO

— Lookonchain (@lookonchain) April 15, 2025

The company didn’t stop at Ethereum, though. According to transaction records, Galaxy Digital also transferred large amounts of stablecoins to Binance, such as 5 million in USDT. Another 100,000 USDC and $1,000 in Avalanche (AVAX) tokens were moved by the firm.

Intelligence platform Arkham data indicates that after these transfers, Galaxy Digital’s remaining positions have fallen significantly. The company now owns only 199.790 ETH (equivalent to around $328,476) and 18,150 AVAX tokens (equivalent to around $363,181). Their stablecoin reserves consist of 4.200 million DAI and 3.750 million USDC, which is close to $8 million.

Recent Legal Settlement Shadows Trading Activity

The timing of these huge crypto transactions comes on the heels of Galaxy Digital’s recent legal issues. The company agreed to pay $200 million to resolve a case with the New York Attorney General over LUNA token trading.

Prosecutors alleged that Galaxy Digital had marketed LUNA after locking in a deal to buy the tokens at discounted rates in 2020. As the price of LUNA rose, the firm supposedly dumped its holdings without disclosure, making hundreds of millions of dollars in profits.

Market Watchers Monitor Institutional Behavior

Such mass movements have drawn the interest of market observers in the crypto market. When an institutional investor such as Galaxy moves such massive sums so suddenly, it tends to spur wider market responses.

Some analysts claim the timing immediately after a high-profile legal settlement to be perhaps significant. Whether this indicated normal portfolio rebalancing or a more measured departure from Ethereum remains unclear.

Featured image from Pixabay, chart from TradingView

Как сообщает издание Reuters, власти Китая продают конфискованные криптоактивы для пополнения государственного бюджета на внешних рынках через частные компании.