Ripple (XRP) worth plunged 2.7% on Sunday, Might 11, bucking the broader crypto market rally, as a contemporary authorized controversy involving U.S. President Donald Trump triggered a wave of profit-taking.
Polychain Nets $80M From Celestia Staking Rewards Alone
Polychain earned $78M by selling staking rewards, keeping its full 65M token position untouched. Five wallets sold 6.35M TIA from emissions, accounting for $51M—about 9.77% of each allocation. The emission model drew backlash, enabling insiders to profit without selling vested tokens. Polychain, a crypto investment firm, has earned over $78...
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