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David

@dburgos777

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According to on-chain analytics platform Santiment, Ethereum large holders continue to accumulate even as retail confidence wanes following the recent market dip. Crypto prices plunged Friday, with major altcoins taking significant hits and liquidations surpassing $1 billion. At one point, Ethereum fell by more than 8%, reaching a low of $2,439. At the time of writing, ETH was barely higher, just up 0.15% in the last 24 hours to $2,532, having marked three straight days of drop since its June 11 high of $2,880. 🐳 There are currently 6,392 wallets holding between 1K and 100K Ethereum. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit. During these past 30 days, a net of +1.49M more $ETH has been accumulated by… pic.twitter.com/1hPBTuAOrL — Santiment (@santimentfeed) June 13, 2025
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In a nutshell: The last remaining founder of Polygon in the project makes a power move and takes control of the foundation. There's a power shift happening at Polygon (POL). Sandeep Nailwal, the last co-founder standing, has declared himself CEO of the Polygon Foundation and is taking firm control. With "unilateral control" in hand, he is launching an offensive of changes: goodbye to zkEVM, hello to the GigaGAS chain with 100,000 transactions per second and the imminent arrival of Agglayer v0.3, the multi-chain mega-aggregator that has been in development for years. The move aims to simplify the ecosystem and reward stakers of the POL token, who have recently been more asleep than a tax office server during tax season. The PoS network is set to be supercharged, and projects migrating from the zkEVM will receive a year of support and grants to soften the landing.
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