$LIT pushed into the $3.28 area and is now cooling around $3.17. The heatmap shows liquidity stacked below, with the strongest zones around $3.00–$3.05 and deeper support near $2.80.
I've been digging into some insane on-chain activity surrounding $SAND on the Base network, and the numbers are completely broken.
We might be looking at a massive token mint exploit and liquidity drain.
SAND is supposed to have a hard-capped max supply of 3 Billion tokens.
However, on-chain data is showing single-transaction transfers of 15.9 Billion and even 25.2 Billion $SAND on Base.
Someone found a smart contract vulnerability and printed an infinite supply.
The exploiter didn't just mint; they aggressively attacked the liquidity pools.
We are seeing high-frequency swaps using custom routers (vfat, Sickle) and heavy aggregator routing through Aerodrome, Kyber Network, and Uniswap. They are extracting every ounce of available exit liquidity on the L2.
The Escape Route: How are they getting the funds out?
The most critical transaction caught on radar is 25.27 Billion SAND ($1.2B nominal value) being routed to a deBridge Finance contract.
They are actively attempting to bridge the stolen value off Base to launder the funds before their addresses can be blacklisted.
There is also some strange secondary activity, including 52M tokens sent to a Null Address (likely a burn function in their script) and heavy Binance Hot/Cold wallet movements reacting to the market chaos.
If you are providing liquidity for $SAND on Base, check your exposure immediately. Stay safe, I'll keep monitoring the chain.
The market reacted strongly after the White House Crypto Summit.
The bigger catalyst is the policy shift coming out of Washington.
President Trump called on Congress to pass the CLARITY Act, reiterated the goal of keeping the US as the global leader in crypto, and said the CFTC is working to bring Hyperliquid into the US in a fully compliant way. $XRP
The SEC is also moving toward a more crypto-friendly regulatory framework, including new exemptions designed to make token issuance easier. $SUI
The message from the summit was pretty clear.
The US is moving from fighting crypto to building around it. $ICP
$BTW Reclaims $0.376: Whales Are Stepping Back In.
If you look at the tape after that brutal flush.
The Fresh Bids (2h–3h ago): Repeat whale 0x8B93 scooped $100K off Binance at $0.351, followed immediately by wallet 0x7984 pulling 1.349M $BTW ($502.7K) off Bitget. Price reacted instantly, bouncing back to $0.376.
The 150M Supply Lock: The multi-whale syndicate that pulled 150,000,000 $BTW ($51.4M+) off Bitget 16h ago has not sold a single token back to exchanges.
The dip to $0.31 was aggressively bought, the float remains locked in private wallets, and spot buyers are stepping right back up.
The trader data is showing a strong imbalance: 236 traders long vs 132 short Long positions: $12.69M Short positions: $34.97M 85.59% of long traders are in profit
The key level now is $3.00
If bullish momentum continues and $LIT breaks and holds above $3, we could see another strong leg higher.
Can $LIT hit $3? The setup is definitely getting interesting. 🚀
$TREE Update Upbit Sweeps $1M as Binance Unlocks 20M from Cold Storage
Following that spike to $0.0406,$TREE has settled into a tight base at $0.036. Look at the structural reshuffle over the last 4 hours
The Upbit Consolidation (4h ago): Upbit routed 28.1M #Tree ($1.01M) across 4 consecutive batches back into deposit address 0x83....
The Binance Vault Injection (2h ago): Binance unlocked 20M $TREE ($723.4K) from Cold Storage to Hot Wallet at $0.0362 to replenish active spot liquidity.
After the Korean volume surge, exchanges are actively reorganizing inventories. $0.036 is acting as the primary consolidation floor.