0xScope Newsletter #59: Meet Us at the Delysium AI Workshop
0xScope Newsletter #59: Meet Us at the Delysium AI Workshop
Also: Our COO Raffaele joins Delysium's AI Synergy at Korea Blockchain Week, a message from our Co-Founder Jackson, and the latest research from 0xScope.
0xScope Joins Delysium’s AI Workshop at Korea Blockchain Week
Our Co-Founder and COO Raffaele Ragini will share 0xScope's latest Web3 + AI innovations in an insightful AI Synergy panel tomorrow, during the Delysium AI Workshop. Also joining the panel: Delysium, iZUMi Finance, Sign, EthSign
If you're in Seoul for Korea Blockchain Week, meet the 0xScope team at the Delysium AI Workshop on Sept. 6, 2 PM UTC+9. Sign up here to join.
The 0xScope team will be in Seoul until Sept. 7. Let’s meet to discuss how our Web3 + AI gives you unprecedented leverage regardless of crypto market conditions. Contact us via DM on the 0xScope X/Twitter account for more details.
A Message from Our Co-Founder: How 0xScope Fills the Data Gap for Crypto Institutions
We’re sharing a recent statement from 0xScope Co-Founder Jackson:
Recently, many primary market institutions in Web3 have transitioned to operating in the secondary market. However, the biggest issue is that the primary market's inertia lies in its desire to find the "reasons" or triggers for token price fluctuations through highly logical thinking. Many primary market institutions generally have not accumulated much data in this area.
Fortunately, 0xScope has made significant strides and attempts in this regard, and we are also considering monetizing these achievements. 0xScope can give a decisive advantage to Web3 institutions, given our extensive experience and expertise regarding the accumulation, processing, and presentation of Web3 data.
The Web3 data we have accumulated so far include, but are not limited to:
Public opinion data (recent events and public sentiment on specific tokens, Web3 topics & narratives that people are talking about online, all processed by AI)
On-chain data (tokenomics, major changes, potential anomalies, large transactions, address holdings, etc.)
Exchange data (historical transactions, large orders, buy and sell, open interest, technical indicators, funding rate, etc.)
Fundamental data (ETF inflows and outflows, recent market news, US dollar CPI, stablecoin situation)
Find out how we can help your crypto institution reach the next level in finding alpha, with the power of Web3 + AI. There’s nothing we can't handle; only things you haven't thought of.
Interested institutions are welcome to reach out and communicate with Jackson on X/Twitter for more information.
On-chain Data
Exchanges see $15B asset decline in 2 weeks
Crypto markets have slowed down over the past two weeks, with Bitcoin failing to escape sub-$60,000 prices this month. Major exchanges followed last week’s $7.1B decline with another $7.7B fall this week, with Binance accounting for $4.7B. Binance US was the only bright spot with 2.18% growth, while Kraken and HTX saw double-digit declines of 11.39% and 10.46%, respectively.
Upcoming token unlocks for $ENA, $XAI
This week, watch out for the unlocking of $3.25M worth of $ENA tokens on September 8, followed by a $6.56M unlock for $XAI the day after.
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.
Recent Whale Activities, Detected by Scopescan
Here are the latest notable whale transactions, based on Scopescan analysis:
An Abraxas Capital-related address received 10M $USDT from Aave and deposited all of them to Coinbase. This address also received 5K $ETH ($13.4M) from Spark.fi and sent all of these to Lido.
A whale withdrew 6.9K $ETH ($17.8M) from Renzo Protocol and deposited all of them to Binance. The whale previously staked the $ETH at $2,636, which means losing $765K if it sells all the $ETH now.
In the past month, a whale withdrew 40M $USDC from Binance and used them to buy $ETH on DEXes.
Unlock more whale alpha with Scopescan, our comprehensive toll suite for Web3 transaction analysis and more. Sign up for Scopescan here.
Company Announcements
Subscribe to Scopechat Pro
Scopechat Pro is our new membership system for a next-level AI-powered crypto trading experience. With Scopechat Pro, you can enjoy the following benefits for as little as $14/month for the annual plan!
Subscribe to Scopechat Pro today! Pay using your credit card, Scopepoints, or crypto (we support Ethereum, Arbitrum, Base, and Optimism networks).
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.
Quick Bites
Bitcoin still 10% down post-halving amid record delay to all-time high - LINK
US spot bitcoin ETFs continue to bleed with $37 million in net outflows - LINK
Ethereum ETFs shed $476M in first 30 days, but there’s a ‘light at the end of the tunnel’ - LINK
Ripple and SEC agree to stay $125M judgment, hinting at appeal - LINK
Uniswap jumps after $175,000 settlement with CFTC - LINK
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