Markets
PEPE fell 11% in a day. Shorts now pay longs on half of its $465 million in futures bets
The frog memecoin was the worst performer among the 50 biggest coins on CoinGecko. Its open futures bets equal about a quarter of its market value, and on the biggest market, Binance's, shorts now pay longs.
Markets
Is the memecoin easy-money era over? The 12 biggest memecoins sit 44% to 98% below their highs
Traders are arguing about whether memecoins still pay. We skipped the opinions and pulled the numbers: prices against all-time highs, Pump.fun's revenue and the size of the meme market today.
Markets
Whales sold $22.8 million of UNI while it rose 7%, and bought LINK and ARB
Big wallets used the late October bounce to sell, not buy. DeepSea's 7-day data shows whales net selling RLUSD, UNI and PEPE and making only small purchases of LINK and ARB, as bitcoin closed below $78,000 on October 29.