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Base fortifies its dominant position among Ethereum layer-2 peers. Base TVL and DEX volume spike as daily transactions surge above 10 million TXs A network performance recap as the markets recover. Why these observations are essential highlight where most of the liquidity is passing through.
Share link:In this post: Ether jumped 25% this week, its biggest gain since May 2021. Bitcoin held above $100,000 and ended its fourth straight week in the green. Solana rose 14.3% this week after a two-day surge of 16%.
ETH breaks $1,860 resistance, eyes $3,000 and $4,000 as bullish momentum builds. On-chain data shows $21.35B in ETH open interest, signaling strong market demand. ETH derivatives show bullish bias, with long/short ratios above 2.0 on major exchanges.
Smart money holders of PEPE dropped from 32 to 17, reducing holdings by over 1.4 trillion tokens since June 2024. PEPE price fell 70% from 2025 high. Now trading near $0.00001231 with reduced volatility and cautious buying, growing by over 15% in a day. Whale transactions surged to 128 on May 6, signaling renewed high-value activity amid market stabilization.
- 04:30Whale Cashes Out $10 Million in EIGEN in 4 Days, Profits $596,000, Still Holds $13.5 MillionAccording to Odaily Planet Daily, monitored by Spot On Chain, a whale has just transferred 8 million EIGEN (approximately $10.1 million) into a CEX, realizing a profit of $596,000 after holding for only 4 days.The address still holds 10.9 million EIGEN (approximately $13.5 million), with an unrealized profit of about $712,000. The current 24-hour decline of EIGEN is 11.2%, affected by the overall market correction.
- 04:30US Spot Ethereum ETF Saw a Net Outflow of $17.6 Million YesterdayAccording to a report by Jinse Finance, monitored by Farside Investors, the U.S. spot Ethereum ETF had a net outflow of $17.6 million yesterday.
- 04:30Phantom adds integration with the Sui networkAccording to Jinse Finance, the crypto wallet Phantom has newly integrated the Sui network, allowing users to swap tokens between Sui, Ethereum, Base, and Solana, access Sui applications, and purchase SUI directly within the wallet.