Key Insights From Today’s On-Chain Behavior
- Investors continue to deposit their XMON tokens in the Sudoswap Lockdrop in exchange for SUDO
- 14 Smart Money investors deposited into the Uniswap: PSI-USDC Liquidity Pool
- Largest token inflow to Smart Money was GALA, with over $10.5m in the last 24 hours
- Largest token outflow from Smart Money was APE, with over $130k in the last 24 hours
- Smart Money % of holdings in stables is currently around 27%, down from 39% in November indicating more risk-on behavior
On-Chain Movements
Sudoswap Lockdrop
- ~$1.2m of inflows into SudoSwap: SUDO LockDrop in the last 24 hours.
- As an indication of their intent to participate in sudoAMM governance, $XMON holders are able to lock their...