At 4 a.m., @0xDefiLeo slid into my DMs asking, "Why the f▫️▫️k did $INSP pump by 56%?"
So, we dove into the onchain data.
🧵

II. We discovered two wallets that have accumulated more than 102M $INSP (~$3 million worth) over the past 9 months.
"Hmm, do both wallets belong to the same whale?"
III. Yes, and in total, this whale holds $78.7 million in assets.
"Could you share these addresses?"
- 0x436F6186cD323ABd8433bf1311389e561356B3B5
- 0x2DDfEcd7c1aDC03b750DbB365D6f4B1DdfbF0f55

IV. "Thanks, but what's so special about $INSP?"
@inspectxyz introduces a new layer for @opentensor. Through @NuanceSubnet integration, your posts can earn you $TAO rewards.
"So, it's like @inspectxyz is bringing InfoFi to @opentensor?"
V. Absolutely! Moreover, @inspectxyz is building what we might call @aave on @opentensor, going by the name TaoFlow.
It enables you to borrow using $TAO as the sole collateral, earn a real yield, or deploy up to 10x leverage across other subnets.
VII. Also, in case you didn't know, @grayscale launched an AI fund where $TAO comprises 30% of it.
If that’s not adoption, then what is?
@opentensor is prepared, as is @inspectxyz, which stands out as (literally) the @KaitoAI of @opentensor.
Inspect.
Bois, what do you think of $INSP?
@splinter0n @0xDefiLeo @the_smart_ape @0xCheeezzyyyy @DOLAK1NG @YashasEdu @0xAndrewMoh @eli5_defi @_SmokinTed @RubiksWeb3hub @kenodnb @rektonomist_
6.69K
39
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.