PENGU jumps 151% in July in a rally driven by viral marketing, whale accumulation
Analysts highlight the pump is driven by influential holders and community figures accumulating, and better liquidity/infrastructure bringing more liquidity.
Follow tokenization news across securities, funds, real estate, commodities, and the digitization of real-world assets.
Whale movements, including those by Justin Sun, exacerbate stETH depegging and market volatility.
Bitcoin emerges as a rare gainer in a market downturn that sees major altcoins plunge.
Ripple co-founder Chris Larsen moves millions during a volatile week marked by fraud alerts.
The largest tokenized stocks, TSLAx and SPYx, have less than 10% ratio of DeFi usage compared to their market caps.
Glassnode highlighted that when leverage is stretched and assets trade as a single block, even modest shocks can cascade through forced liquidations.
Whale activity reveals mixed strategies as some offload PUMP, yet others hold tight awaiting market turnarounds.