On-chain Data

Glassnode Estimates $300M Ether May Be Sold After Shanghai Upgrade
Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.

Trading Firm Sees Bullish Signs as Bitcoin Open Interest Surges to Highest Level Since FTX Crash
A rise in open interest shows more participation from crypto traders and a bullish market sentiment, a trading firm said.

Bitcoin Cracks $30K, but for How Long?
While bullish and bearish narratives collide, balances on exchanges may provide the most telling clues.

Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%
Maple’s pool will allow accredited investors and corporate treasuries based outside of the U.S. to invest in U.S. Treasury bonds on-chain, CEO Sid Powell said in a community call.

Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem
Users can stake ADA tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation.

Shiba Inu's Metaverse Will Partially Open by End of 2023, Developers Say
The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.

Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in short positions against bitcoin prices were liquidated since early Asian morning hours on Tuesday.

ROOK Token Surges Ahead of $50M Treasury Split Between Community and MEV Tech Builders
A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.

Sushi DEX Recovers 100 Ether After Millions Lost on Weekend Exploit
‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.

