Weekly Crypto Cheat Sheet

12/16/22

Below is the weekly cheat sheet. Crypto majors traded higher over the week on the back of softening CPI data, but gave back their gains after the Fed signaled interest rate cuts would be premature at this stage. BTC was up 1% ($17.4k), while ETH was flat ($1,271). SBF was also arrested Monday, giving the space a bit of much needed justice. There was also some Binance FUD, though seems like mostly noise based on withdrawal data and Binance’s massive reserves.

💰Smart Money Flows:

👀 7-Day Largest Inflows (chainEDGE):

• wBTC: $9mm

• USDT: $5mm

• AAVE: $5mm

• BUSD: $4mm

• ETH: $4mm

• ILV: $2mm

👀7-Day Largest Outflows (chainEDGE):

• USDC: -$33m

• WETH: -$11mm

• APE: -$6mm

• SNX: -$3mm

• gOHM: -$3mm

• Badger: -$2mm

• CVX: -$1mm

👀7-Day Largest Arbitrum Inflows (chainEDGE):

• USDC: $3mm

• GMX: $363k

• ETH: $100k

• rDPX: $48k

• DPX: $40k

📰 This Week’s Crypto News:

• SBF Arrested in the Bahamas

• Justin Sun defending USDD

• Binance response to Reuters

• Binance on USDC withdrawals

• Do Kwon is hiding out in Serbia

• Lodestar Finance exploited

• Amber Group owes troubled crypto lender Vauld's CEO $130 million

• The Block CEO resigns after failure to disclose loans from Bankman-Fried’s Alameda

• Embattled crypto lender Amber Group raises $300 million

• Crypto markets hit harder by Terra, Celsius and 3AC than FTX: Chainalysis

📖 Weekend Reads / Watches:

• Cool new RWA Project worth watching

• Become a Master Yield Farmer

• Crypto Products, But Increasingly Useful

• Is GMX the robin hood of DeFi?

• On the $1.1 billion DCG-Genesis promissory note

• BTRFLY

• Dopex

• Berachain

• Using chatGPT to query Dune

• BFR x Real Yield