According to OnchainLens monitoring, in the past two weeks, a newly created wallet has transferred 500 bitcoins worth approximately $58.3 million from a centralized exchange (CEX). The wallet address is: 14yyRRiEMJ5q5LmDCH4Nf6Emx7UKhoRfxR.
NEAR Protocol registers a volume-backed breakout, climbing above key resistance as institutional activity and cross-chain development fuel bullish sentiment.
DeFi and RWA protocols are rebranding themselves as Layer 1s to capture infrastructure-like valuations. But most remain narrowly focused applications with little sustainable economics — and the market is beginning to see through it, says Avtar Sehra.
