According to ChainCatcher news, monitored by on-chain analyst Ai Yi, PulseX has distributed 200 million SDAI to 10 addresses in the past 14 hours, accumulating a total of 51,809 ETH on-chain at an average price of 3,870 dollars. In the past three days, PulseX and PulseChain associated addresses have hoarded 149,105 ETH, with a total value of up to 583 million dollars.

ChainCatcher message, Spot On Chain data detection, in the past 10 hours, wallets related to PulseChain and PulseX have invested 201 million DAI to purchase 51,809 ETH, pushing the ETH price above 3900 dollars.In addition, in just the past 3 days, 21 wallets related to PulseChain/X have used 561.7 million dollars to purchase 148,288 ETH at an average price of about 3788 dollars per ETH, and the current value of these investments has increased by 21.8 million dollars, a growth of 3.9%.

ChainCatcher news, according to monitoring by Spot On Chain, wallets related to PulseX and PulseChain have spent another 147.6 million DAI in the past 20 hours to purchase 38,810 ETH at a price of $3,803.In the past 3 days, PulseChain/X associated wallets have purchased a total of 96,482 ETH at a price of $3,738, spending 360 million DAI.Previously, it was reported that wallets associated with PulseX founder Richard Heart hold over 700 million DAI, accounting for 15.5% of the circulating supply. The U.S. SEC filed a lawsuit against Richard Heart in 2023, accusing him of selling unregistered securities in violation of federal securities laws.

According to ChainCatcher news, monitored by Lookonchain, in the past 13 hours, PulseX and PulseChain have spent a total of 122.15 million DAI to purchase 33,672 ETH at a price of 3,628 dollars. During the USDC depegging on March 11, 2023, PulseX and PulseChain exchanged 260.14 million USDC for 258.52 million DAI.

ChainCatcher message, according to DeFiLlama data, the TVL of Pulse Chain has exceeded $440 million, making it the eighth largest chain, only behind Avalanche and Optimism. This chain has only one native DEX application, called PulseX.It is reported that the PulseChain blockchain and its native DeFi exchange PulseX officially launched on Saturday, May 13, 2023. The native DEX PulseX allows users to exchange tokens with each other on PulseChain.Notably, according to previous reports, the U.S. Securities and Exchange Commission (SEC) issued subpoenas to promoters of cryptocurrencies such as PulseChain, PulseX, and HEX last November. (Source link)