According to @dydxfoundation, an on-chain vote has been initiated to determine whether the community supports winding down markets for several tokens, including SDM, SUSHI, VET, ZRX, and others. This decision could impact trading opportunities and liquidity for these assets on the dYdX platform. The vote is open until March 4, 2026, and community participation will be crucial in shaping the outcome.

According to @OnchainLens, six wallets likely linked to a single entity spent 1,130 stETH valued at 4.29 million USD to purchase 626,778 UNI, 86,807 LDO, and 885,933 SUSHI, based on Nansen on-chain data. The wallets flagged were 0x1de1834839f6b201aa7f59e657acaee4ef613e46, 0xf2e2f8666a941a23acf19cb5391a76112c401f51, 0xecb5d9fc4cfb5496643e8f585f39bb3a649d473d, 0xb1b32328509552bde5df35a7e1ed5e66e57bc9a8, 0x18f6f2d530ce37a267ba88b6ce4f0f20d9207d85, and 0x5f2ad7385da24acda0b3730094dab5fba40b315d, as reported by @OnchainLens using Nansen data.

According to @CoinbaseIntExch, the platform will introduce support for Caldera (ERA) and SushiSwap (SUSHI) perpetual futures on Coinbase International Exchange and Coinbase Advanced. The new markets, designated as ERA-PERP and SUSHI-PERP, are scheduled to open for trading on or after 9:30 am UTC on July 24, 2025. This listing is a significant event for traders, as the introduction of perpetual futures on a major exchange like Coinbase can lead to increased liquidity, price discovery, and trading opportunities for both ERA and SUSHI tokens.

According to Ai 姨, an investor withdrew 1.1 million COW tokens, approximately valued at $1.1 million, from Binance three hours ago. Of these, 1.08 million COW tokens were swapped for SUSHI, suggesting a bet on decentralized exchange (DEX) rotation. The remaining 20,000 COW tokens were sold directly at $1 each. The cost basis of these COW tokens is unknown as they were not acquired on-chain, but it is likely that the investor bought them at a low price and realized profits during today's price surge.

According to @lookonchain, Fenbushi Capital has incurred significant losses on multiple cryptocurrency investments. They lost $2.44M (-90%) on SUSHI, $2.27M (-82%) on COMP, $1.53M (-42%) on UNI, and $499K (-15%) on AAVE. Recently, they sold $5.14M worth of assets, including 136,094 EIGEN ($514K), 146,537 UNI ($1.13M), 10.17M SNT ($244K), and 10,681 COMP ($509K), all at a loss. This indicates a strategic shift or liquidation under financial pressure.

According to @lookonchain, a wallet associated with the SushiSwap team deposited 3.75 million SUSHI (worth $2.18 million) into Binance one hour ago. This substantial amount of SUSHI was transferred from the SushiSwap Operation Multisig wallet on May 16.