๐ CEX & DEX Market Weekly Overview | Phase: 1st - 7th Oct
๐ IOU tokens of ETH have seen increased balances, possibly indicating a trend of staking ETH by the SM wallet group in the past week.ย
This could be due to their trust in the price appreciation of ETH, especially after the approval of ETH ETF last week, leading them to stake and maximize their holding profits. Consequently, LSDfi tokens also have growth opportunities.
๐ The RWA token group, including LINK, MKR, and DYDX, has experienced balance reductions as the launch of ChainV4 approaches. Could this be a "sell the new" action?
๐ HFT and ARKM are among the top 1 and 2 tokens with the most significant balance decreases, but this is because Jump Trading and Wintermute have deposited them on the exchange. It is possible that these market makers are preparing to set the price for HFT and ARKM.
๐ ILV is the top 1 token with the highest balance increase. This is due to the SM wallet group receiving unlocked tokens rather than an accumulation action. The SM wallet address is 0xde3258c1c45a557f4924d1e4e3d0a4e5341607ee.




