{"id":312062,"date":"2024-05-29T05:51:44","date_gmt":"2024-05-29T00:21:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=312062"},"modified":"2024-05-29T05:51:44","modified_gmt":"2024-05-29T00:21:44","slug":"crypto-whales-abruptly-accumulate-ethereum-based-altcoin-sending-volume-to-highest-level-in-22-months-santiment-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-whales-abruptly-accumulate-ethereum-based-altcoin-sending-volume-to-highest-level-in-22-months-santiment-crypto-news\/","title":{"rendered":"Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Crypto whales have been gobbling up an Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>)-based fan engagement token, according to the analytics firm Santiment.<\/p>\n<p>Chiliz (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/chiliz\/\">CHZ<\/a>) is a web3 infrastructure provider for sports and entertainment.<\/p>\n<p>The project\u2019s 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>\n<p>Santiment <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1794799864485958103\">notes<\/a> 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>\n<figure style=\"width: 2514px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: Santiment\/X<\/figcaption><\/figure>\n<p>CHZ is trading at $0.136 at time of writing.<\/p>\n<p>Santiment also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1794623466639065528\">says<\/a> that Ondo Finance (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ondo-finance\/\">ONDO<\/a>), a project focused on tokenizing real-world assets (RWAs), is \u201cthe top trending token in crypto.\u201d<\/p>\n<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>\n<figure style=\"width: 2536px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"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>\n<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>\n<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>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment. Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment. The project\u2019s native token, CHZ, is up nearly 2% in the past 24 hours, more than 14% in the past week and more than 27% this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":312064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-312062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/312062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=312062"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/312062\/revisions"}],"predecessor-version":[{"id":312066,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/312062\/revisions\/312066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/312064"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=312062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=312062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=312062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}