According to TechFlow, on May 19th, official news announced that Hotcoin Exchange will list the following trading pairs today (May 19th): Spot COLLAT/USDT (16:30 UTC+8): $COLLAT is the native token of the Collaterize project, which focuses on the decentralized finance sector, providing users with innovative collateralized lending solutions. Contract FXS/USDT (18:00 UTC+8): $FXS is the governance token of the Frax Share project, an innovative fractional-algorithm stablecoin protocol. This contract supports up to 25x leverage.

The cryptocurrency market will witness some important events in six different altcoins in the new week. Here is the full list.

According to Whale Alert monitoring, at 8:05 Beijing time, 6,600,997 FXS (equivalent to 12,427,829 US dollars) were transferred from Frax to an unknown wallet.

DeepChain TechFlow News, stablecoin protocol Frax Finance announced the launch of the domain service FNS, which is now open for user applications. FNS is a branch of the Ethereum Name Service (ENS) in the Frax ecosystem. It retains the core functions of ENS, but FNS burns FXS tokens. Each year, 1000 three-letter FNS domains will burn 1 million FXS tokens.

BlockBeats news, on August 22, according to market information, today the DeFi-related coins are generally rising, including: UNI is now priced at $7.05, with a 24-hour increase of 12.7%; QUICK is now priced at $0.03741, with a 24-hour increase of 25.6%; FXS is now priced at $2.27, with a 24-hour increase of 19.1%; LINK is now priced at $11.27, with a 24-hour increase of 10.17%.

On August 22, DeFi-related cryptocurrencies experienced a general rise in the market. UNI saw a significant increase of nearly 13% within 24 hours, reaching a price of $7.05. Other notable increases include QUICK with a 25.6% rise, FXS with a 19.1% increase, and LINK which rose by 10.17%.

Foresight News reports that Movement Network, an Ethereum Layer 2 network that supports the Move language, announced today that the DeFi protocol Frax Finance plans to deploy natively on the Movement blockchain. As a key part of this initiative, Frax has committed to rewriting its entire Solidity codebase into the Move language. Frax will introduce at least four new assets on Movement: the Frax stablecoin, sFrax (staked Frax), frxETH (ETH re-staked token), and FXS (governance token). Frax will also deploy Fraxlend, Frax CDP, and its staking contracts on Movement. Both parties will jointly provide $10 million in protocol liquidity and offer incentives for existing Frax users to bridge to Movement. Frax plans to complete the deployment on the first day of the Movement mainnet launch.

Odaily Planet Daily News: Movement announced that the DeFi protocol Frax Finance has planned to be natively deployed on the Movement blockchain. As a key part of this plan, Frax has committed to rewriting its entire Solidity codebase into Move language. Frax will introduce at least four new assets on Movement: Frax stablecoin, sFrax (staked Frax), frxETH (liquidity staking token pegged 1:1 with ETH), and FXS (staking and governance token of the Frax ecosystem). Frax will also deploy Fraxlend, Frax CDP, and its staking contracts on Movement. Both parties will collaborate to provide $10 million in protocol liquidity and offer incentives for existing Frax users to cross-chain to Movement. Frax plans to complete the deployment on the first day of the Movement mainnet launch.

Deep Tide TechFlow News, Movement announced that the DeFi protocol Frax Finance plans to be natively deployed on the Movement blockchain today. As a key part of this plan, Frax commits to rewriting its entire Solidity codebase into the Move language.Frax will introduce at least four new assets on Movement: Frax stablecoin, sFrax (staked Frax), frxETH (liquidity staking token pegged 1:1 with ETH), and FXS (staking and governance token of the Frax ecosystem). Frax will also deploy Fraxlend, Frax CDP, and its staking contracts on Movement.Both parties will work together to provide $10 million in protocol liquidity and offer incentives for existing Frax users to cross-chain to Movement.Frax plans to complete the deployment on the first day of the Movement mainnet launch.

After a significant drop in Bitcoin and altcoin prices, a major cryptocurrency investor, referred to as a 'whale', has sold all of his altcoins at a loss. The whale transferred substantial amounts of LDO and AAVE tokens to the cryptocurrency exchange Binance. This move followed a series of losses where the whale sold millions of dollars worth of LDO, AAVE, UNI, and FXS tokens. The sales contributed to a further decline in the prices of these cryptocurrencies. The whale had previously invested over $73 million in Ethereum and Ethereum-based altcoins following regulatory approvals for Ethereum ETFs.

A whale/institution has transferred $11.57 million worth of LDO, AAVE, and FXS tokens into Binance for sale in the past hour. These tokens are all part of the ETH ecosystem, including 3.514 million LDO, 0.497 million AAVE, and 3.198 million FXS. This action has caused a drop in the prices of these tokens. Previously, the whale had purchased a large amount of ETH and related tokens after the approval of the ETH spot ETF, but currently, these tokens are being sold at a loss.

A whale/institution transferred a total of $11.57 million worth of various ETH ecosystem tokens to Binance in the past hour, including LDO, AAVE, and FXS. Subsequently, these tokens experienced varying degrees of price declines. The transfer occurred shortly after the approval of the 19-4 document for the ETH spot ETF, and the institution had previously purchased these tokens. Currently, all these tokens are being sold at a loss, with no profitable trades executed.

A whale or institution recently transferred various Ethereum (ETH) ecosystem tokens worth $11.57 million to Binance. This transfer included 3.514 million LDO tokens valued at $6.23 million, 49,700 AAVE tokens worth $4.49 million, and 319,800 FXS tokens valued at $850,000. Following the approval of the ETH spot ETF at the end of May, this significant transfer has led to a decrease in the value of these tokens, with all of them now being sold at a loss.

Whales have been actively selling large amounts of altcoins including Avalanche (AVAX), Chainlink (LINK), LDO, AAVE, FXS, and UNI. Notable transactions include Galaxy Digital depositing $14.72 million worth of AVAX to Binance and GSR Markets depositing 300,000 LINK. These sales have contributed to a decline in altcoin prices. Additionally, a significant whale transaction involved selling $13.42 million worth of LDO, AAVE, UNI, and FXS at a loss, following a large purchase of Ethereum ecosystem tokens earlier.

Stablecoin protocol Frax Finance has proposed the conversion of FXTL points to FXS on its governance forum. The proposal includes an initial conversion and subsequent annual conversions. The initial conversion will utilize 5 million FXS, with an estimated market value of 93 million FXS upon completion. Additionally, 1 million FXS will be unlocked annually for the conversion of FXTL points.

A whale/institution transferred $11.57 million worth of Ethereum ecosystem tokens into Binance for sale in the past hour, including tokens like LDO, AAVE, and FXS. The significant sell-off caused a drop in the prices of these tokens. The whale had purchased these tokens after the approval of the ETH spot ETF at the end of May but is now selling at a loss without making a profit.

A whale has bought a total of $28.75 million in Ethereum tokens in the past three days. According to Lookonchain monitoring, the whale withdrew about $2.02 million worth of AAVE and $2 million worth of UNI tokens from CEX. The address has continued to purchase a total of $28.75 million in Ethereum ecosystem tokens from Binance, including 4.04 million LDO (worth about $9.3 million), 858,069 UNI (worth about $8.7 million), 71,190 AAVE (worth about $7.4 million), 82,041 ENS (worth about $2 million), and 250,969 FXS (worth about $1.25 million).

A whale address withdrew ETH ecosystem tokens worth $7.22 million from Binance in the past hour. According to on-chain data analyst Yu Jin, the withdrawal included 256,000 UNI (about $2.72 million), 12,800 AAVE (about $1.36 million), 742,000 LDO (about $1.89 million), and 250,000 FXS (about $1.25 million). Additionally, the whale/institutional address has hoarded ETH ecosystem-related tokens worth $24.45 million in the past day, including 4,037,149 LDO (about $9.42 million), 684,362 UNI (about $6.65 million), 52,622 AAVE (about $5.19 million), 82,040 ENS (about $1.92 million), and 250,969 FXS (about $1.26 million).

An address, presumably belonging to a whale, withdrew $7.22 million worth of ETH ecosystem tokens, including UNI, AAVE, LDO, and FXS, from BINANCE in the past hour. Additionally, the same address has accumulated $24.45 million worth of ETH ecosystem-related tokens, including ENS, over the past day. Data analyst Yu Jin observed this activity, indicating a strong investment interest in the ETH ecosystem.

In the past hour, whales/institutions betting on the Ethereum (ETH) ecosystem withdrew $72,000 worth of ETH ecosystem-related tokens from Binance, including UNI, AAVE, and LDO. This is part of their continued accumulation of $244,500 worth of ETH ecosystem-related tokens over the past day, including LDO, UNI, AAVE, ENS, and FXS, among others.