Murad's Wallets Leaked

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Murad's Wallets Leaked

Mostly red day in the markets with BTC/ETH/SOL all down ~3%. Most alts were also punished outside of UNI, which showed some strength. Over the last 3 days we’ve experienced over $500mm of trader liquidations, so people are getting chopped up at the moment.

The worst performers in the top 100 on the day were FTT, APT, NEIRO, RUNE, WIF, WLD and POPCAT. The FBI also launched a token to take down market manipulators. Over the month, only a small handful of coins have actually outperformed BTC (up 7%), led by NEIRO, TAO, SUI and POPCAT.

Interestingly, from a mindshare perspective there is a lot of overlap wtth the 30d strongest alts, namely NEIRO, SUI, WIF and POPCAT. EIGEN getting some attention here is likely notable.

The big drama in the onchain world today was Zachxbt doxxing Murad’s wallets where he has a $17mm+ gain in SPX alone. The onchain market as a whole saw most tokens down double digits, but the good coins kept on running.

Worst performers:

• BRUME

• PAC

• MOO DENG (eth)

• LSD

• nub

• POCHITA (sol)

• SCF

Best Performers:

• LABUBU

• CB (my favorite)

• SKBDI

• EBULL

• coby

• mini

• USA

• COST

• SIGMA

• XD

• wDOG

Onchain mindshare is still led by SPX along with more “core” memes like BITCOIN, SIGMA, LOCKIN, FWOG and Mog. CB has finally showed up as a high attention coin (the stats are likely lower than true attention given most ppl just post the cat, not ticker).

Despite some choppiness, DEX trading tool volumes have remained very strong at $130mm+ the last few days, with ETH volumes making small relative share gains vs. SOL.

Interesting projects getting smart follows:

• Updraft

• Ride

• Layer

• Retardio Casino

In Partnership with $IO

ICYMI, $IO is got listed on Coinbase today. The last fundamentals driven token listed on CB was DEGEN, which swiftly doubled on its listing day. This comes at a time when $IO is signing up more and more partnerships and saw its daily GMV hit a high of $26k on the 4th.

SMART MONEY CORNER - Presented by chainEDGE

• From a new launch perspective, smart money has only showed strong interest in NexF (likely as a meme on the FBI case).

• SOL smart balances still showing profit taking for the most part, though mini is showing strength (and the token keeps grinding higher). COST has also seen a 60% increase in smart balances in the last week.

• Notable EVM smart balance accumulation was seen in NEIRO and BITCOIN

MEME OF THE DAY