Insolvency Issues, Bitcoin Wholecoiners Surge, and More!

Soaring inflation and insolvency in some projects on DeFi sent Bitcoin briefly dipping below $18K over the weekend and Ethereum below $900.

Jumping back to above the $20K and $1000 marks boosted some confidence in the market, with more than 13K wallets most likely “buying the dip” in the past week. Figure 1: The Increase.