Data: During the 10-fold surge of VELVET, the project team and market makers transferred 28.68 million tokens to the exchange
Prefer us on Google
According to on-chain analyst Yu Jin's monitoring, VELVET has surged 10 times in the past few days (from $0.09 to $0.9). During the price surge, addresses associated with the project transferred 22 million VELVET (worth $19.8 million) to exchanges such as Bitget, Gate, and Kucoin in the past 3 days.
In addition, VELVET's market maker DWF Labs has also transferred 6.68 million VELVET (worth $6 million) to the aforementioned exchanges in the past month.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
BitcoinHabebe Shares Recent Trading Profit Situation
BitcoinHabebe Follows VELVET Price Trends
DAOs are forcing crypto protocols to choose between code and emergency brakes
Investors Sell Data Center Bonds as AI Lending Faces Survival of the Fittest Moment
唐华斑竹 Discusses zkEVM Security-First Strategy
a16z: The Endgame of AI Business Models Is Not Selling 'Seats' but Taking 'Cuts'
Analyzing Opportunities and Risks Behind 30% Annualized Fixed Income of Pendle's New Arbitrage Product
What is being said at the tables: the BCRA turns on the dollar vacuum and the city counts the bullets in Javier Milei's bazooka
唐华斑竹 Analyzes Market Rebound and Sector Divergence
Stocks and Crypto Rebound After Hot PPI | WEEX TradFi Daily Brief (October 16, 2026)
On October 15, September PPI rose 6.3% year on year, the highest in more than four years, briefly lifting hike expectations and triggering a short drop in equities and crypto. After the market digested the print, risk assets rebounded from the sell-off and the three major indexes closed higher. Bitcoin briefly broke below $80,000 and recovered to the $82,000–$83,000 range. CoreWeave fell sharply on bond pressure and then closed higher, while crypto-finance stocks and some L2 tokens strengthened. October 16 focus turns to industrial production and import-export prices.
Federal Reserve Officials Signal Hawkish Stance: Daly Says Supply Shocks Should No Longer Be Ignored, Hammack Warns of Need for More Aggressive Rate Hikes as Inflation Expectations Solidify
New Developments in the Blue Sky Ge Rui Case: Bitcoin Rises 200 Times, Can Victims Only Be Compensated at Original Price?
Google Quantum Computing Breakthrough: Error Rate Reduced by 40 Times, Overcoming Key Resource Bottleneck
Bitcoin inflows to US set to turn positive in 2026, Chainalysis says
The volatility trend of Bitcoin: less volatile than 57% of S&P 500 stocks
The correlation between Bitcoin and US Treasuries exceeds 0.6
Cryptocurrency Hacks Surge to $1.18 Billion in Q3, Led by Bitget and Liquid
Binance US reportedly seeks $100m at a valuation near $1b
Capital B reports a loss of €69.5 million due to BTC devaluation in semiannual results
Google Says AI Isn't Building Itself Yet—Even Though It Writes 75% of the Code
Global Cryptocurrency Market Capitalization Decreased by Nearly a Third Over the Year
iGaming Tokens Need Real Revenue, Not Just Hype
Curve Finance loans climb 68% in Q3 as DeFi lending recovery lags
Episode Six adds stablecoin backing checks at issuance and redemption
Bear Market Over: CryptoQuant Predicts 12 to 24 Months of Upside or Range
Ledger launches a phone and payment system for AI amid community criticism
唐华斑竹 Discusses the Impact of PPI Data, WEEX Ranks First in Depth
WEEX 1,000 BTC Protection Fund: How It Works and What It Covers
XRP ETF: $1.8 Billion in Inflows, Price Not Following
AI 'Challenges' Cryptography? Web3 Must Prepare in Advance, But Should Not Rush to Migrate
BitcoinHabebe Shares Recent Trading Profit Situation
BitcoinHabebe Follows VELVET Price Trends
DAOs are forcing crypto protocols to choose between code and emergency brakes
Investors Sell Data Center Bonds as AI Lending Faces Survival of the Fittest Moment
唐华斑竹 Discusses zkEVM Security-First Strategy
a16z: The Endgame of AI Business Models Is Not Selling 'Seats' but Taking 'Cuts'
