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EDEL testnet ecosystem is heating up. According to the latest statistics, the testnet has attracted over 35K users, with the lending market performing remarkably — liquidity reaching 4.1M USD, and DeFi activity continuing to rise.
It is worth paying attention to the movements of large on-chain wallets. A wallet that previously gained 468K USD recently made a generous move, spending 12 ETH (approximately 38K USD) to purchase 1.26 million EDEL in one go. This buying intensity reflects confidence from institutions or large holders in the project. In a market with many participants and diverse opinions, such whale-level actions often serve as a barometer of market sentiment.