Upbit to List ONDO Coin Amid Whale Activity and Major Altcoin Movements

• South Korea’s prominent cryptocurrency exchange, Upbit, has announced the addition of ONDO to its trading platform.
• A large whale has moved significant amounts of ONDO Coin and JASMY from Coinbase.
• Nostra has detailed the criteria and snapshot specifics for their first airdrop event.

Stay updated with the latest crypto news, including major exchange listings and whale movements!

Upbit Lists ONDO Coin Amid High Market Volatility

In a week characterized by high market volatility, Upbit, a major South Korean cryptocurrency exchange, has revealed its intention to list ONDO Coin. This decision is expected to impact the trading dynamics significantly as ONDO will be available in KRW, BTC, and USDT pairs starting June 14, 2024.

Significant Whale Movements in the ONDO and JASMY Markets

According to on-chain analyst The Data Nerd, a suspected eToro whale address recently withdrew 1.5 million ONDO Coin (approximately $1.93 million) and 120 million JASMY (around $4.31 million) from Coinbase. The address now holds a total of 3.8 million ONDO Coin (valued at approximately $5 million).

Interestingly, following Upbit’s announcement of listing ONDO, two whales have deposited a combined 2.95 million ONDO Coin (approximately $3.86 million) into Bybit. These strategic deposits indicate a calculated move to capitalize on the listing announcement.

Flow Traders Whale Activity on OKX

Another significant movement was observed by The Data Nerd, reporting that a suspected Flow Traders address beginning with 0x388 recently transferred 23.9 million ATH (approximately $1.82 million) to OKX. Prior to this, the address had received 29.4 million ATH from Aethir and moved 5 million ATH to KuCoin.

Nostra’s Airdrop Snapshot and Criteria

Nostra, part of the Starknet ecosystem, has outlined the rules and specifics for their first airdrop. The snapshot will coincide with the conclusion of the NSTR LBP, impacting 217,789 participants who will share 10 million NSTR tokens (10% of the total supply). Of this, 1 million NSTR tokens (1% of the total supply) will reward active Discord members. Nostra’s second season will last a minimum of six months, beginning June 13 at 22:00.

Potential ZKsync Listing by Uniswap

Uniswap Labs hinted at potential support for ZKsync with a cryptic tweet stating, “Locked in. Ready for the Endgame,” and an accompanying visual echoing ZKsync’s branding. This follows ZKsync’s April 3rd tweet declaring, “ZK is the Endgame.”

iZUMi Finance’s Airdrop Redistribution

In a notable development, multi-chain DeFi protocol iZUMi Finance has announced plans to redistribute 100% of their received ZK token airdrop to users. Further details and a comprehensive plan are expected to be released soon.

Significant ENA Deposits by a Multi-Signature Address

An on-chain observer, ai_9684xtpa, noted that a multi-signature address starting with 0xC69 recently staked 7 million ENA (worth approximately $11.61 million) with Ethena. Since June 11, this address has accumulated staking of 16.33 million tokens. Additionally, it has purchased $8.43 million in ENA PTs maturing on August 29 and $7.21 million in USDe PTs maturing on July 25.

Conclusion

This week in the crypto world, we witnessed substantial whale activities and significant exchange listings, notably affecting ONDO and JASMY markets. Stay tuned for more updates as we analyze these developments and their potential impact on the crypto landscape. Keep following us for the latest news and detailed insights to navigate your crypto investments effectively.