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🔍🐳 Whale Transactions:

1. Ethena Labs again bought #BUIDL and owns a total of $1 billion worth of BUIDL;
2. PumpFun transferred 54113 #SOL (~$7.81 million) to Kraken;
3. Whale transferred 22,000 #ETH (~$45.35 million) to Binance;
4. Movement withdrew ~5.47 million #MOVE from Binance, probably related to running MOVE reserve;
5. From Oct 8-18, 2024, Whale spent 1,198 #ETH (~$2.9M) to buy 772,450 #EIGEN at an average price of $3.76. After a 68% price drop over the past 5.5 months, Whale sold 780,132 #EIGEN ($919k) for #WBTC and ETH at an average price of $1.178 for a loss of $2.01M.
📈 The total value of stablecoins in circulation has climbed past $250B, more than doubling from a ~$123B low in mid-2023.

#USDT remains dominant at 62%, followed by #USDC at 24%, while a growing tail of stables like #USDe, #DAI, and #BUIDL gains ground.

#stablecoin supply acts as crypto’s monetary base, and its steady growth signals increasing liquidity, investor confidence, and readiness for deployment.
🇺🇸🕵️ #BUIDL BlackRock’s BUIDL Tops $900M on Avalanche, Doubles in a Week

According to RWA xyz, BlackRock’s tokenized money market fund BUIDL has surpassed $900 million in assets under management (AUM) on the Avalanche network, increasing by approximately $436 million (105%) over the past week.

Launched in March 2024, BUIDL now has a total AUM of about $2.87 billion, making it one of the world’s largest on-chain tokenized U.S. Treasury funds. #rwa