Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Top 10 Gainers Of The Week: $USUAL, $MOVE, And $HYPE Lead Amid Market Volatility

While the broader crypto market faced significant turbulence this past week, a few tokens stood out by defying the downward trend. Among the top performers were newly launched tokens like $USUAL, $MOVE, and $HYPE, which maintained their bullish momentum. Even stablecoins showcased remarkable resilience, providing stability amidst the chaos. Interestingly, $Fartcoin and $BGB also moved counter to the market sentiment, continuing their upward trajectory. Top 10 Gainers in the last 7 days Amidst the bloodbath market, newly launched $USUAL , $MOVE , and $HYPE continued their impressive uptrend, while stablecoins showcased resilience during market turbulence. Also, $Fartcoin and $BGB are moving against the market. pic.twitter.com/eohXLRtA0L — CryptoRank.io (@CryptoRank_io) December 20, 2024 One of the standout tokens, $USUAL, gained significant traction in the market for tokenized U.S. Treasury bills. Two prominent market makers, GSR Markets and Amber Group, have played pivotal roles in $USUAL’s success. – Amber Group: Responsible for market making 12 million $USUAL tokens, Amber currently holds 1.6 million tokens worth $2.54 million, making it one of the top 12 holders. – GSR Markets: With market-making activities for 8 million $USUAL tokens, GSR now holds 2.76 million tokens valued at $4.4 million, ranking as the ninth-largest holder. 万红从中一点绿 GSR Markets 和 Amber Group 为近期 RWA 新秀 $USUAL 的做市商 Amber：做市数量 1200 万枚，当前持仓 160 万枚（254 万美金），为当前持仓 Top12 地址 https://t.co/VPwkTU4cD5 GSR：做市数量 800 万枚，当前持仓 276 万枚（440 万美金），为当前持仓 Top9 地址… https://t.co/aEns7i3J0Z pic.twitter.com/qokr0q3IdY — Ai 姨 (@ai_9684xtpa) December 20, 2024 $USUAL boasts the highest market share in tokenized U.S. Treasury bills, surpassing competitors. It has attracted over 15,000 users, far outpacing the combined user base of other protocols like Ondo, BlackRock, and Mountain, which collectively have 5,200 users. Additionally, $USUAL contributes nearly 80% of the total value locked (TVL) for Hashnote, the leading on-chain T-bill provider. $USUAL has the highest market share in tokenized US T-bills right now. Ondo, BlackRock, Mountain, and other protocols have around 5.2K users, while $USUAL alone has 15K users. Around 80% of the TVL for the leading on-chain T-bill provider, Hashnote, also comes from Usual Money. pic.twitter.com/GXqppazGEl — hitesh.eth (@hmalviya9) December 20, 2024 As the market continues to navigate choppy waters, $USUAL’s performance highlights the growing demand for tokenized real-world assets, offering a glimmer of hope for investors seeking stability and growth opportunities. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: peshkov/ 123RF // Image Effects by Colorcinch CryptoIntelligence

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Whale Activity And Market Declines Drive Ethereum Volatility

The recent dip in Ethereum’s price has prompted significant movements among crypto whales, as some have resorted to selling $ETH to cover debts. In the past two days, a single whale deposited a total of 31,968 $ETH (valued at $122.3 million) to Binance, with 22,746 $ETH ($77.7 million) moved in the last five hours alone. The funds were exchanged for stablecoins to repay loans on platforms like Spark and Aave. The recent price drop forced whales to sell $ETH to repay debts. A whale deposited 22,746 $ETH ($77.7M) to #Binance in the past 5 hours and withdrew stablecoins from #Binance to repay debts on #Spark and #Aave . And this whale has deposited a total of 31,968 $ETH ($122.3M) to… pic.twitter.com/vhw9J1KTkP — Lookonchain (@lookonchain) December 20, 2024 The Ethereum Foundation also made headlines after its timely sale of 100 $ETH on December 17. This transaction coincided with a 17% drop in $ETH’s price, marking yet another well-timed top sale. Over the past year, the foundation has sold 4,466 $ETH ($12.6 million) across 32 trades, with nearly half executed at market peaks. Since the #EthereumFoundation sold 100 $ETH on Dec 17, the price of $ETH has dropped by ~17%, marking another successful top sale. Over the past year, #EthereumFoundation has sold 4,466 $ETH ($12.6M) across 32 trades, with 15 of them executed at the top(marked in red in the… pic.twitter.com/DA7nGAgbxr — Lookonchain (@lookonchain) December 20, 2024 As prices fell, the losses extended to other prominent traders. Trump’s World Liberty (@worldlibertyfi) recorded a $6.15 million loss on its recent acquisitions, primarily driven by a $4.86 million hit from $ETH. As the market declined, #Trump `s World Liberty`s recent purchases of $ETH , $WBTC , $AAVE , $LINK , $ENA , and $ONDO fell into the red, with a total loss of $6.15M. The biggest loss came from $ETH , totaling $4.86M. https://t.co/aOEC9OCBT1 pic.twitter.com/4SL29JpFFj — Lookonchain (@lookonchain) December 20, 2024 Despite this, the entity continues to buy the dip, purchasing 759 $ETH for $2.5 million just 20 minutes ago. In total, World Liberty has accumulated 9,587 $ETH ($35 million) at an average price of $3,651, narrowing its $ETH losses to $3.4 million. Trump`s World Liberty( @worldlibertyfi ) spent 2.5M $USDC to buy 759 $ETH again 20 minutes ago. So far, #WorldLiberty has bought a total of 9,587 $ETH ($35M) at an average price of $3,651. Their loss on $ETH has narrowed to $3.4M. https://t.co/h3YVUEyx6L pic.twitter.com/yAeUqGet1r — Lookonchain (@lookonchain) December 20, 2024 Adding to the turbulence, the Ethereum spot ETF experienced a net outflow of $60.47 million on December 19, breaking an 18-day streak of inflows. Ethereum spot ETF had a total net outflow of $60.4677 million on December 19, the first net outflow after the net inflow in the past 18 days. https://t.co/Tvs2oCSxTg pic.twitter.com/tO6fltURdn — Wu Blockchain (@WuBlockchain) December 20, 2024 The combination of whale activity, foundation sales, and institutional outflows highlights Ethereum’s volatility amid the broader market decline. While some traders seek opportunities to buy the dip, the market remains uncertain as losses continue to mount. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: nexusplexus/ 123RF // Image Effects by Colorcinch CryptoIntelligence