SNX

What cryptocurrencies have been recently launched? What are the popular assets?

According to reports, Lookonchain monitoring data shows that institutions that purchased approximately 5.437 million SNXs from Synthetix Treasury for $1500 from March 14 to March 16 transferred 2.66 million SNXs (approximately $7.5 million) to Coin An five hours ago. Data: An institution transferred 2.66 million SNXs to Coin An today, approximately $7.5 million Analysis based on this information:According to Lookonchain monitoring data, institutional investors have recently increased their holdings of SNX by transferring approximately 2.66 million SNX (equivalent to $7.5 million) to Coin An. This transfer follows the purchase of 5.437 million SNX from Synthetix Treasury for $1500 by these institutions from March 14 to 16. This transfer is significant as it indicates that institutional investors are continuing to see value in SNX, Synthetix’s native token. As an ERC-20 token, SNX is used within the Synthetix ecosystem to back synthetic assets such as cryptocurrencies, commodities, and fiat currencies. The institutional interest in SNX may also reflect a growing trend of…

According to reports, according to online data analyst ember monitoring, in the past two days, 10 million USDCs were spent to purchase the addresses of 3.4 million SNXs from the Giant Whale. Today, another 5 million USDCs were used through AirSwap’s OTC to purchase 2.02 million SNXs from the Synthetix treasury, with an average price of $2.46. A giant whale has spent 15 million USDCs to purchase SNX in the past three days, with an average price of $2.76 Analysis based on this information:The message reveals an interesting development in the cryptocurrency market wherein a large-scale purchase has been made. According to the reports from online data analyst Ember Monitoring, someone known as the Giant Whale spent 10 million USDCs to purchase 3.4 million SNXs in the past two days. This signals a significant vote of confidence in the potential of SNXs as a valuable investment. Furthermore, this purchase is noteworthy since it was made with USDC, which is a…