Key Insights From Today’s On-Chain Behavior
- The Ape staking incentives and Blur’s Airdrop 2 have attracted a significant amount of Smart Money labelled wallets
- One Smart Dex Trader reduced their exposure to pitchFXS by around $52K, although they still hold $375K worth of the token in their wallet
- Overall Smart Money continues to increase their stablecoin holdings as they continue to de-risk
Smart Money Overview
- A significant amount of Smart Money labelled wallets (31 specifically) have been interacting with the Blur: Bidding Pool contract in the last 24 hrs. The contract has also attracted a total of 4,646 wallets in the last day.
- Blur is an NFT marketplace backed by Paradigm.
- Blur Airdrop 2...