The tokens have been sold to an undisclosed buyer and will be vested for two years. Source
Optimism Sells $89M OP Tokens in Private Transaction
Tag: 89M
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained High Levels of Illiquid Supply’ Bolster Bitcoin’s Price After the U.S. […] Original
$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative
Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to ba Ethereum (ETH) investment products, which saw outflows totaling $15.2 million. Despite Cointelegraph reporting earlier this week that activity on the Bitcoin network was down 30% since its ATH levels three months ago, digital gold appears to be the asset of choice for sophisticated investors of late. According to CoinShares’ Feb. 22 “Digital Asset Fund Flows Weekly” report, BTC funds have now…
Terra Passes Highly Anticipated Proposal to Burn Nearly 89M LUNA
The Terra community on Tuesday night passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion at current prices, and mint about four million to five million UST stablecoins, a decision that should further boost the Terra project, according to analysts. Source