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Rally Time: DeFi Week Jan. 8
Hello Defiers! Here's what we covered this week!
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Punk 635 Sold for $12M in 4th-Highest CryptoPunk Sale Ever
Punk 635 was bought for 4,000 ETH.
Restaking Overtakes Liquid Staking In Monthly Inflows
The biggest winner was EtherFi, while Lido saw $1B+ of outflows.
Bitcoin, Ethereum Trade Lower As Whales Show Signs Of FOMO
Santiment reports that wallets containing 1,000 to 10,000 BTC have accumulated $17 billion worth of Bitcoin in 2024.
Reya’s Liquidity Generation Event Attracts $100 Million In Less Than 24 Hours
Reya facilitates shared liquidity among native decentralized exchanges.
Renzo’s Restaked ETH Depegs to $700 As Season 1 of Airdrop Ends
The de-peg led to liquidations across DeFi protocols Gearbox and Morpho Labs.
Grayscale Seeks SEC Nod To Introduce ‘Mini’ Ethereum ETF
If approved, Grayscale's Ethereum Mini Trust would be seeded with Ether from the Grayscale Ethereum Trust.