Nansen Buys StakeWithUs, Expanding Beyond Data Provision Into Crypto Investment
The company will also become one of the first validators on the Berachain mainnet.
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The company will also become one of the first validators on the Berachain mainnet.
The address has already made $200 million from its ether holdings.
The fast move likely signals short-term profit taking after ether’s rapid 30% rally, one observer noted.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.
The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health level – increase significantly in the period.