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Ethereum Whale 🐋 Accumulates 114,684 ETH Worth $314M in 2 Days, Now Holds 489,696 ETH Valued at $1.34 Billion”
Base is a fast, low-cost Layer-2 blockchain built on Ethereum, developed by Coinbase. It uses Optimistic Rollup technology to bundle transactions off-chain and submit them securely to Ethereum, giving users cheaper fees and faster confirmations. Key points: Built on OP Stack by Optimism. Designed for scalability, security, and low fees. Fully EVM-compatible, so Ethereum apps run easily on Base. Strong backing from Coinbase, bringing millions of users and builders. Growing ecosystem of DeFi, NFTs, gaming, and on-chain social apps.
The US government recently moved $7.5 million in crypto including $300K in NEXO, $3 million in WETH, and $4.2 million in TRX. The NEXO and TRX were seized from Alameda two years ago while the WETH was seized from Bitfinex hacker Ilya Lichtenstein between 2022 and 2024. Sources -
Linea network crash in September 2025 was caused by a 46-minute sequencer outage triggered by a technical fault in its centralized transaction ordering system right before the major LINEA token airdrop. This outage combined with heavy whale selling pressure post-airdrop, caused the LINEA token price to crash over 85% (0.06 to 0.001) from its peak, highlighting both operational risks and market volatility in new Layer 2 blockchain launches