A giant whale dumped SOL to buy a large amount of SLERF. Ether.Fi token launched at $4.13 after the airdrop. Chiliz partners with French football for fantasy gaming debut. Binance, the world’s largest crypto exchange, gave the good news of 75X futures for AVAX Coin. Here are the details….
There is news for AVAX Coin and 4 altcoins!
A whale traded SLERF for a large amount of SOL
According to on-chain watchdog EmberCN observation, a whale spent 20,991 SOL ($4.2 million) to buy 3.42 million SLERF at a price of $1.22 in the last half hour. It has since become the second largest individual SLERF holding address with 5.14 million SLERF. In this context, the observer shared the following:
One whale spent 20,991 SOL ($4.2 million) to buy 3.42 million SLERF at $1.22 in the last half hour. With 5.14 million SLERF positions, it became the second largest individual holding in SLERF. Spent a total of SOL 24,037 ($4.8 million) to purchase 5.14 million SLERFs at a total cost of $0.93.
Ether.Fi token launched at $4.13 after airdrop
55.76% of ETHFI’s supply was allocated to core participants and investors. ETHFI, the governance token of the largest liquid restaking protocol Ether.Fi, debuted at $4.13 after the token was distributed via an airdrop and to participants of the Binance Launchpad round.
At the time of this writing, ETHFI was trading at $4.10 on Binance. Additionally, it recorded a trading volume of over $2 million in the first five minutes of trading. The token’s fully diluted value (FDV), i.e. the market cap of a token if the entire supply were put into circulation, was $4.13 billion. More than $2 billion in FDUSD stablecoins and 17.3 million BNB ($10 billion) have been staked on Binance Launchpad. Those who stake on Launchpad receive an ETHFI allocation based on the amount they stake.
Chiliz partners with French football for fantasy gaming debut
Chiliz, a well-known blockchain network in the sports and entertainment industry, recently launched an initiative in collaboration with Unagi gaming studio and the French Professional Football League (LFP). The launch of Coach Ligue 1 underlines Chiliz’s commitment to increasing fan engagement in sport through digital platforms. Thus, it marks the first fantasy football game developed in conjunction with a football league.
Coach Ligue-1 invites Ligue-1 Uber Eats and Ligue-2 BKT fans to create the teams of their dreams. Through the use of digital trading cards printed on Chiliz Chain, enthusiasts can enjoy a deep connection with the sport. LFP’s innovative approach ensures constant fan involvement. It also leverages the league’s intellectual property without the worry of licensing restrictions.
75X futures good news from Binance for AVAX Coin
Good news came for Avalanche (AVAX Coin), which is also on the radar of Turkish cryptocurrency investors. Binance, the world’s largest crypto exchange, announced that it will launch the futures contract for AVAX Coin. In this context, the exchange lists AVAX Coin in futures with USDC margin. In this context, Binance made the following statement:
To expand the list of trading options offered on Futures and improve users’ trading experience, Binance will launch the USDC margined AVAX Perpetual Contract with up to 75x leverage on March 20 at 10:00 AM ET.
Meanwhile, the exchange stated that users can benefit from a 10% promotional transaction fee discount on all transactions in USDC margin futures contracts until April 3, 15:30 CET.
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