Posts

Showing posts with the label buying

MrBeast is buying this hot crypto amid insider trading allegations

Image
YouTube personality Jimmy Donaldson, also known as MrBeast, has been linked to new cryptocurrency activity after depositing into the newly launched Aster (ASTER) token. On-chain Analysis indicates that a wallet associated with MrBeast deposited 114,483 USDT, worth about $114,480, into ASTER,  according to the latest on-chain data retrieved by Finbold from Arkham on September 21. MrBeast wallet transaction. Source: Arkham Blockchain data shows the transfer originated from a wallet labeled “MrBeast: WuTangClan” into Aster. This is the same wallet that has previously interacted with other exchanges and platforms, including inflows from ChangeNOW, Gnosis Safe Proxy, and multiple MetaMask transactions over the past year. MrBeast’s past allegations of misleading investors  The move comes as the influencer faces allegations of insider trading. In 2024, MrBeast was accused of misleading investors by leveraging his social media reach to promote projects before sel...

Whales accumulate ONDO amid a RWA tokens buying frenzy

ONDO is one of the RWA tokens attracting huge attention. Whale activity spikes amid tokenization spree. Data shows whales are buying tokens such as Polymesh, Pendle and TokenFi. Ondo Finance has surged into the top 100 Crypto currencies by market cap amid upside momentum for its native token ONDO. On Monday, March 25, the price of ONDO rose to a new all-time high of $0.9702. Intraday gains at the time of writing was 15%, while Ondo Finance has surged more than 88% this past week and over 116% in the last 30 days. ONDO price hovered around $0.8997 at the time of writing. ONDO surges amid whale activity The real-world-assets (RWAs) space is one of the hottest Crypto segments today, with multiple projects in the sector rallying amid unprecedented surge in interest and investment. Whales or large investors have aggressively looked to add to their positions in RWA related coins. Ondo Finance’s growth in the RWA ecosystem has seen large investors take ...

ARK Invest spends Int'l Workers' Day by buying $8M in Coinbase shares

Image
Despite Coinbase shares tumbling amid its legal battle with the U.S. SEC, Cathie Wood is still bullish on the crypto exchange. ARK Invest, the investment management firm founded by legendary investor Cathie Wood, has celebrated International Workers' Day by buying shares of the cryptocurrency exchange Coinbase. On May 1, ARK purchased 129,604 Coinbase (COIN) shares for its ARK Innovation exchange-traded fund (ARKK), according to an investor notification seen by Cointelegraph. The investment company also bought 23,456 COIN Stocks for the ARK Next Generation Internet ETF (ARKW) and 15,809 Coinbase shares for the Fintech Innovation ETF (ARKF). The entire purchase amounted to 168,869 Coinbase stocks, worth around $8.5 million. The acquisition makes up nearly 50% of total Coinbase shares bought by ARK last month. In April, ARK bagged a total of 304,300 COIN shares, worth $17.5 million. Previously, ARK bought 2.4 million COIN shares in March for about $117 million. The latest COIN pu...