Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain and off-chain metrics for accurate price forecasting. Bitget and Nansen Highlight Community’s Role in Token Price Forecasting Researchers from the crypto exchange Bitget, and Nansen, […]
Nansen Reports $200 Million Exodus From Kucoin After DOJ Action
Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $ 99 million in Ethereum-based assets and $ 109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $ 200 Million …
Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves
Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $ 1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of …
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $ 8.6 million in cryptocurrency assets found its way to an address associated with Binance, the largest exchange in the world by …