A major crypto whale, known by the wallet address 0x7271, has pivoted away from the meme coin PEPE to take a massive leveraged position in Ethereum (ETH), according to data from HyperInsight. Here is a breakdown of the strategy shift: The PEPE Exit The investor officially closed out a long position on PEPE, walking away with a realized loss of $314,500. This exit signals a cooling sentiment toward meme-based volatility in favor of a more established asset. The Ethereum Pivot Immediately following the PEPE exit, the whale opened a high-conviction trade on Ethereum. * The Position: A 4x leveraged long on 5,618.97 ETH. * Market Value: Approximately $17.75 million. * Average Entry: $3,097.29 per ETH. Current Status The move appears to be paying off early. The investor has already offset their PEPE losses with an unrealized profit of $330,000 on the new ETH position. #pepe #ETH #Whale.Alert #WriteToEarnUpgrade #WalletConnect $ETH $PEPE $WCT @Binance Square Official @WalletConnect @Ethereum World News
Tokenomics and Supply You Should Know $WAL is the native token of the Walrus network, built on the Sui blockchain, designed to fuel a decentralized storage ecosystem. Beyond its role as a payment method for storing data, $WAL powers staking, governance, and incentives within the network, giving holders multiple ways to engage and benefit. The total supply of $WAL is 5 billion tokens, with a significant portion allocated to network growth, staking rewards, community incentives, and strategic partnerships. Circulating supply is gradually increasing as the ecosystem expands, making it crucial for traders and investors to track both adoption and token distribution. $WAL is more than a cryptocurrency—it’s a key part of building a decentralized, scalable, and secure future for digital storage. #walrus #Walrus_Expoler #WalrusProtocol #sui #WriteToEarnUpgrade @Walrus 🦭/acc @Binance_Square_Official
Imagine a world where your videos, AI models, and NFTs aren’t locked in a single server but safely spread across a decentralized network. That’s the vision behind $WAL , the token driving the Walrus network on the Sui blockchain. It’s not just a cryptocurrency—it’s a tool for secure, reliable, and accessible data storage in the Web3 era. $WAL L fuels the ecosystem by enabling storage payments, staking for network security, and governance, letting users participate directly in shaping the platform. As the network grows, demand for $WAL grows, too, creating a token that’s both functional and investable. For traders, tech enthusiasts, and creators alike, $WAL isn’t just another coin—it’s a gateway to the next generation of decentralized data. #walrus #walrusairdrop #WalrusProtocol #WriteToEarnUpgrade #USJobsData @Walrus 🦭/acc @Binance_Square_Official
$WAL: Powering the Future of Decentralized Storage
In the fast-evolving world of Web3, data storage is more than just keeping files—it’s about security, accessibility, and scalability. $WAL , the native token of the Walrus network, is tackling this challenge head-on. Built on the Sui blockchain, Walrus offers a decentralized platform for storing large files, from NFT media to AI datasets, giving users more control and reliability than traditional systems. But $WAL AL is more than a utility token. It fuels payments, staking, and governance within the ecosystem. Users pay in $WAL to store data, stake it to support storage nodes, and participate in decisions shaping the network’s future. This multi-use model gives the token both practical utility and a reason for traders and investors to pay attention. With its growing adoption and integration across exchanges, $WAL is carving out a niche in the crypto landscape. For anyone following decentralized infrastructure and tokenized networks, Walrus is a project worth watching. #walrus #WalrusProtocol #Walrus_Expoler #sui #WriteToEarnUpgrade @Walrus 🦭/acc @Binance_Square_Official