BlockSides

Onchain Intel. What happens onchain, we cover it | Dune dashboard buildout & engineering for Web3 teams.

[BlockSides @BlockSides]

BlockSides is expanding.

We started as a data engineering partner for Web3 teams, building professional onchain dashboards that turn raw blockchain activity into clear intelligence.

But working this deep in the data revealed something important: 🧵

[BlockSides @BlockSides]

@Its_Dammydee @EuniceCharms Clarity from every block

$EUNICE 👀

[Dammy (♟,♟) @Its_Dammydee]

Onchain data is beautiful, we all know

We're working on teaching people the basics of Onchain analysis over at BlockSides

While researching, I came across @EuniceCharms, and something about it just feels different from the usual AI plays that you need to know

A smol 🧵

[BlockSides @BlockSides]

@Alex_nvrl @Neverland_Money @alice_nvr @catalyst_nvr @Oshodi @MonadPriest Your contribution to the Neverland Protocol will not be forgotten

Everyone at BlockSides wishes you success in your next path, Alex 💜💜

[BlockSides @BlockSides]

A whale just lost $50.4M on what seems like a contract anomaly

3 weeks ago, wallet (0x98B9) received 50.433M USDT ($50.433M) from Binance

But 2 hours ago, it started with a burn operation of 50.433M USDT ($50.433M) to the AAVE Ethereum USDT contract to mint 50.433M AETHUSDT from Aave

Then the wallet swapped the 50.433M AETHUSDT via Cow Protocol to acquire AAVE, only to receive 327.241 ($36.01K) AAVE!

https://t.co/bnKnvOOeGA

[BlockSides @BlockSides]

A Bitcoin believer (349B9y) just made a $979.27K profit!

In Feb 2021, he bought 19.6 BTC worth $966.26K at that time
In July 2022, he bought 4.38 BTC worth $101K at that time
In Dec 2022, he bought 6.229 BTC worth $103.38K at that time

Today, barely 55 mins ago, he sent the entire 30.217 BTC worth $2.15M to Coinbase, making a total profit of $979.27K holding through 5 years!

https://t.co/IKs76aRz9Z

[BlockSides @BlockSides]

Clarity from every block is coming to @base

psstt, BasePulse is coming 💙🚁

[Dammy (♟,♟) @Its_Dammydee]

𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝘂𝗻𝘂𝘀𝘂𝗮𝗹 𝗶𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗼𝗻 @base 𝗿𝗶𝗴𝗵𝘁 𝗻𝗼𝘄, 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗮𝗿𝗲 𝘄𝗶𝗹𝗱

over at @BlockSides, we're cooking up BasePulse, a deep analytics dashboard for Base chain (still private, but watch this space)

while building it, I caught something that made me double-check my queries :)

Yesterday, Base processed over 1 MILLION ETH in transaction volume.

𝐋𝐞𝐭 𝐦𝐞 𝐩𝐮𝐭 𝐭𝐡𝐚𝐭 𝐢𝐧 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞

For the entire past year, @base's highest daily ETH volume was 779,648 ETH. Yesterday shattered that record by 28%

We're talking about $3.1 billion in USD volume in a single day!

𝐁𝐮𝐭 𝐡𝐞𝐫𝐞'𝐬 𝐰𝐡𝐞𝐫𝐞 𝐢𝐭 𝐠𝐞𝐭𝐬 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐢𝐧𝐠: Just 2 days ago, Base was doing a "normal" $500M in daily volume

Then suddenly, boom

Yesterday: $3.1b
Today (and it's not even over): $2.2b already

For the past 365 days, the highest was $1.96 billion. We've now blown past that two days in a row!

𝗦𝗼 𝘄𝗵𝗮𝘁'𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗶𝘀?

I'm still digging through the data to find the exact catalysts; could be a major protocol launch, airdrop activity, a new token going viral, or whale movements

But whatever it is, it's significant enough to push Base into territory it's never seen before.

This is exactly why we're building BasePulse: to catch these anomalies in real-time and understand what's really moving onchain

Base is clearly heating up, and if you're building, investing, or just curious about where the action is, this is your signal

I'll be sharing more insights as I dig deeper into what's causing this surge. If you're on Base or tracking L2 activity, you'll want to pay attention to what happens next

The dashboard drops soon. Stay tuned.

---------------------------------------------------

CC: @base @jessepollak @SamuelXeus @coinbase @Only1Gkash

[Dammy (♟,♟) @Its_Dammydee]

It was such a great honor to handle the @Dune dashboard buildout for @Neverland_Money

Neverland is one of the top lending markets in the whole of DeFi, and the biggest on @Monad

Go check out the dashboard and see what “clarity from every block” looks like :)

CC: @BlockSides

[BlockSides @BlockSides]

The first of many mega dashboards to come!

The @Neverland_Money mega dashboard is now open for public viewing, handled and delivered by BlockSides

Thank you for trusting us

Clarity from every block 📊💙💜

[BlockSides @BlockSides]

Even the @monad team member knows 🙌

C l a r i t y ! 📊💙💜

[BlockSides @BlockSides]

@lookonchain Back to the market again

[BlockSides @BlockSides]

@Oxcheatcode It was a crazy experience

[BlockSides @BlockSides]

A whale just lost $50.4M on what seems like a contract anomaly

3 weeks ago, wallet (0x98B9) received 50.433M USDT ($50.433M) from Binance

But 2 hours ago, it started with a burn operation of 50.433M USDT ($50.433M) to the AAVE Ethereum USDT contract to mint 50.433M AETHUSDT from Aave

Then the wallet swapped the 50.433M AETHUSDT via Cow Protocol to acquire AAVE, only to receive 327.241 ($36.01K) AAVE!

https://t.co/bnKnvOOeGA

[BlockSides @BlockSides]

@StaniKulechov Safe to say we need more than “slippage” confirmation at this point

Probably a probabilistic return of the asset in question if the user continues with the transaction or something

$50m to $36k doesn’t make any sense in any way.. Prayers up for the anon ❤️

[Stani @StaniKulechov]

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface.

Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return.

The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox.

The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal.

Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space.

We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction.

The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

[BlockSides @BlockSides]

A Bitcoin believer (349B9y) just made a $979.27K profit!

In Feb 2021, he bought 19.6 BTC worth $966.26K at that time
In July 2022, he bought 4.38 BTC worth $101K at that time
In Dec 2022, he bought 6.229 BTC worth $103.38K at that time

Today, barely 55 mins ago, he sent the entire 30.217 BTC worth $2.15M to Coinbase, making a total profit of $979.27K holding through 5 years!

https://t.co/IKs76aRz9Z

[BlockSides @BlockSides]

3 weeks ago, this wallet sold off most of its asset holdings. Today, the wallet loaded up again via Binance and OKX

Wallet 0x49dd just spent ~ $4.4M 4 hours ago to buy:

1,060 ETH ~ $2.14M
321 PAXG (Gold) ~ $1.66M
30,001 AVAX ~ $292.2K
82.001B PEPE ~ $275.5K
6,010 LINK ~ $54.2K

https://t.co/pIVcfNrNYs

[BlockSides @BlockSides]

@lookonchain The sell off was imminent

[BlockSides @BlockSides]

2 hours ago, a newly created bitcoin wallet (38FdYj) received 150 BTC ($10.54M) from @wintermute_t hot wallet and barely an hour after, the wallet sent the entire BTC to Coinbase, possibly to sell off

https://t.co/hFHBmim4Z0

[BlockSides @BlockSides]

This TRX whale (TSjHy) is unknown, but has been accumulating TRX for the past 1 year

Yesterday, he bought another 30M TRX ($8.59M) from Bybit. The wallet currently holds 59.8M TRX ($17M), bought from Binance and Bybit

Track it here - https://t.co/Fx9m4PEgIW