institutions

  • The Decrease in Number of Addresses Holding 100 Bitcoins

    According to reports, Glassnode data shows that the number of addresses holding at least 100 Bitcoins is 15785, a four month low.
    The number of addresses holding at least 100 BTCs

    04/16/2023
    101
  • Institutions transferring SNXs to Coin An: Implications for Synthetix

    According to reports, Lookonchain monitoring data shows that institutions that purchased approximately 5.437 million SNXs from Synthetix Treasury for $1500 from March 14 to March 16 transferred 2.66 million SNXs (approximately $7.5 million) to Coin An five hours ago. Data: An institution transferred 2.66 million SNXs to Coin An today, approximately $7.5 million Analysis based on this information:The cryptocurrency market is constantly evolving and changing, with new activities and transactions happening every day. Recently, Lookonchain monitoring data has reported a significant transfer of SNXs, the proprietary token of blockchain-based synthetic asset platform Synthetix, from institutions to Coin An. The institutions reportedly purchased approximately 5.437 million SNXs from Synthetix Treasury for $1500 between March 14 and March 16, and then transferred 2.66 million SNXs (approximately $7.5 million) to Coin An five hours ago. This transfer and purchase indicate a strong institutional interest in Synthetix as well as the wider cryptocurrency market. It is an early indicator of the demand for Synthetix’s…

    03/17/2023
    135
  • Bank of Silicon Valley Suffers from Withdrawals as Institutions Panic

    It is reported that the Bank of Silicon Valley (SIVB. O) fell more than 50% before the market, after several institutions proposed to withdraw funds.

    S…

    03/10/2023
    111