PANews reported on November 26 that, according to Onchain Lens monitoring, a whale is buying ETH on dips. After a three-month hiatus, the whale has spent 3.25 million DAI to purchase 1,110 ETH at a price of $2,933 each.
Previously, this whale sold 15,575 ETH at a price of $4,270 each, making a profit of $66.52 million. Currently, the whale still holds 67.8 million DAI, which it can use to continue accumulating ETH.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more