0xScope Newsletter #28: 0xScope V2 + New $5M Funding Round + Scopechat Launch
Also: Recent whale movements on DeFi tokens, the latest hot trends on Smart Money + Web3, and more.
0xScope V2 launches Web3 AI Data Layer, closes new $5M funding round
With 0xScope V2, we will focus on driving the future of AI + Web3, with our Web3 AI Data Layer. This new solution features a complete set of standards for collecting, cleaning, and managing data for Web3 AI development, as well as a trained, Web3-centric large language model (LLM).
We have also completed a $5 million pre-Series A financing round, to support our Web3 AI vision. Thanks to lead investor HashKey Capital, new investors Redpoint China, OKX Ventures, GSR Markets, Amber Group, Antalpha, and Main Quad Capital, and early supporters Mask Network, Hash Global, and XIN Family, for your trust in 0xScope.
Read more about this major news in this Cointelegraph article.
Let’s work together; email us at community@0xscope.com.
Scopechat is now available to everyone!
After its early-access launch in December 2023, Scopechat, your new AI-powered crypto trading assistant, is now officially live.
📋 Get detailed analytical trading reports on any crypto token
🔎 Discover the latest trends and hot tokens
📈 Ask any Web3 question & get answers fast
Before trading, ask Scopechat. Try it now!
Research
Scoped on Scopescan: Whale moves on DeFi tokens, etc.
Here are some major whale moves this past week, as detected by the Scopescan team:
Anchorage Digital withdrew 12,103 $MKR ($24.7M) from Coinbase
One whale (0xbb5f) got 50K $AAVE ($5.03M) and 2452 $MKR ($4.95M) from Binance.
Another whale (0xc4a7) withdrew 39K $AAVE ($3.95M) and 2350 $MKR ($4.75M) from #Binance.
Injective Protocol’s treasury address deposited 320K $INJ ($12.5M) into Copper.
Don’t miss out on the latest whale movements. Sign up for Scopescan here.
Meme coins still an effective profit source for Smart Money
🙃 Meme coin $TROLL brought in $13.4M in profits for hundreds of addresses after Elon Musk's bio change on X turned into a buying spree.
📈 Also trending: ApeX ($APEX) bull run leads to $25K in profits/investor, while Floor Protocol ($FLC) 48% jump brings $22K/address.
💰 Top $TROLL trader turns $75K buying spree into $515K in profits. Other traders see gains of as much as $461K.
Read more in this article. Also, check out this comprehensive report on $TROLL from Scopechat:
Web3 TVL goes past $100B as Ethereum grows by $8B
🔼 Sui overtakes Bitcoin TVL with a $94.6M rise as $SUI hits an all-time high.
🚀 $ICP, $PULS TVLs grow by 181.81% & 97.31% respectively.
📈 Aave TVL grows by $562.6M amid a new proposal to launch on Solana.
Read more Web3 Hot Trends here.
On-chain Data
Major asset outflows for almost every major exchange
This week, all major exchanges (except for Binance US) saw significant net asset outflows, led by Huobi with -12.79%. Other exchanges with significant losses include Bitfinex (-6.62%), Bitstamp (-5.46%), and Bybit (-5.15%).
Token cliff unlocks for INJ, ID next week
In the upcoming week, you should pay attention to the unlocking of $140.69M worth of INJ tokens (4.33% of circulating supply) on January 21, followed by ID’s $17.24M unlocking (12.37% of circulating supply) on January 22.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcement
Be the next 0xScope Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a 0xScope Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
0xScope Community Highlights This Week
Quick Bites
U.S. spot Bitcoin ETFs reach $10B trading volume in 3 days - LINK
Spot bitcoin ETFs draw nearly $2 billion in first three days of trading - LINK
Blackrock CEO Larry Fink sees a case for spot Ethereum ETF - LINK
dYdX tops Uniswap as largest DEX by volume - LINK
TrueUSD wobbles towards $1 peg amid reported redemption issues - LINK