Ethereum

Ondo

Chiliz

<div class="dailyhodl">
 <p>Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment.</p>
 <p>Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 <p>The project’s native token, CHZ, is up nearly 2% in the past 24 hours, more than 14% in the past week and more than 27% this month.</p>
 <p>Santiment notes whale addresses with at least 10 million CHZ tokens have added a total of 42.67 million CHZ in the past 30 days. The project is also witnessing its highest trading volume level in 22 months.</p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GOhmx8NaEAAxgLH?format=jpg&amp;name=4096x4096" alt="Image" width="2514" height="1825">
  <figcaption class="wp-caption-text">
   Source: Santiment/X
  </figcaption>
 </figure>
 <p>CHZ is trading at $0.136 at time of writing.</p>
 <p>Santiment also says that Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWAs), is “the top trending token in crypto.”</p>
 <p>The analytics firm notes that there were 5,110 non-empty ONDO wallets on February 26th and 33,225 non-empty ONDO wallets on May 26th, a rise of 550% in three months.</p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GOfIgBlbIAAiSo7?format=jpg&amp;name=4096x4096" alt="Image" width="2536" height="1753">
  <figcaption class="wp-caption-text">
   Source: Santiment/X
  </figcaption>
 </figure>
 <p>Ondo Finance focuses on tokenizing short-term bonds and US Treasuries. The project is led by president and COO Justin Schmidt and founder and CEO Nathan Allman, both former employees of Goldman Sachs.</p>
 <p>ONDO is trading at $1.24 at time of writing. The 66th-ranked crypto asset by market cap is down nearly 2.5% in the past 24 hours but up more than 29% in the past week and more than 61% this month.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-whales-abruptly-accumulate-ethereum-based-altcoin-sending-volume-to-highest-level-in-22-months-santiment-tbt90239.html">https://thebittimes.com/crypto-whales-abruptly-accumulate-ethereum-based-altcoin-sending-volume-to-highest-level-in-22-months-santiment-tbt90239.html</a></p>

Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment

TheBitTimes

Other articles published on May 29, 2024

Ripple Invests $50 Million in Pro-Crypto PAC Ahead of 2024 Elections

Ripple CTO Defends Democrat Biden’s Gag Order Plea Against Trump, Community in Shock

Chainlink (LINK) and Ripple’s XRP Charts Prepare for 3X Price Surge and God Candle Price Action f...

HegeCoin ($HEGE) Unveils AI Characters and Launches Major Marketing Blitz (29 May)

Caitlyn Jenner meme coin ‘mastermind’s’ celebrity price list leaked

This May Spark a Fresh Upswing if Shiba Inu (SHIB) Price Manages the Break Out of These Levels!

Join our free newsletter for daily crypto updates!