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Next week, $475 million worth of tokens will be unblocked The cryptocurrency community is preparing for a major token unlock: from November 25 to December 1, 2024, crypto assets worth more than $475.5 million will enter the market. The largest unlock is waiting for the Sui token (SUI). On December 1, the market will be replenished with assets worth $231.74 million, which is equal to 2.26% of the total token supply. SUI has been attracting the attention of investors lately, as the token has become one of the most profitable crypto assets during the current bull market. Over the past 30 days, SUI has grown by 90% and by 571% since the beginning of the year. Another significant event for the crypto community will be the unblocking of Optimism tokens (OP) for $64.56 million. On November 30, about 2.5% of the total OP volume will enter circulation. These assets will be distributed among the founders, members of the project team and private investors. The third largest unlock is waiting for the ZetaChain token (ZETA). On December 1, 10.41% of the total asset supply (about $35.90 million) will appear on the market. These funds will be used for community development and marketing, and part of the assets will go to the founders, team members and consultants. Such a significant influx of ZETA may affect the exchange rate of the asset, which has fallen by 10% in recent weeks. On November 19, Immutable (IMX) will issue tokens worth $33.83 million, which is 1.47% of their total amount. On November 30, the 1INCH team will unlock assets worth $33.67 million (7.72% of the total). Cardano (ADA) will conduct two unblocks totaling $32.68 million (0.10% of the total) on November 26 and December 1. Finally, on December 1, DYDX plans to issue assets worth 10.83 million (1.19% of its offer).

The user has invested $30 in bitcoin for eight years and earned more than $1 million -- The trader has invested $30 daily in the first cryptocurrency for eight years. -- On November 9, he provided an interim report on his strategy with a cryptoportfel value of $775,000. -- Since then, the bitcoin exchange rate has increased by about 30%, and the user's income has exceeded $ 1 million. On the social network X (formerly Twitter), the story of a user who followed the dollar value averaging (DCA) strategy for eight years has been running. He invested $30 in bitcoin every day, which allowed the trader to eventually earn over $1 million. According to a user under the nickname regothetrader, in 2016 he decided to regularly purchase the first cryptocurrency, regardless of its current exchange rate. According to him, at first he had to work 16 hours at a low-paying job, sacrifice leisure time with friends and severely limit his budget. In addition, the trader assures that over the past years he has managed to "feel all the pitfalls", including the collapse of FTX and Quadriga companies. In addition, the Covid-19 epidemic caused problems, regothetrader noted. The user admits that at certain moments he faced doubts. However, after a while, the trader began to realize the correctness of his approach. He bought $15 worth of Bitcoin every 12 hours. Over the years, he has invested $86,370 in cryptocurrency. On November 9, 2024, regothetrader published an interim report on its achievements. It turned out that his crypto portfolio was estimated at $775,000 at that time. Considering that the bitcoin exchange rate has since increased by almost 30%, now this volume of the asset is worth over $ 1.1 million. "Many of you won't find it impressive, but it changed my life. Finances have never been something strong in my family. We lived in debt, and my parents suffered from lack of money every day of their lives. I knew something needed to change. That's when I followed this plan," regothetrader said. The trader hopes that his example will inspire other users to invest wisely in digital assets. Recall that we wrote that the bitcoin whale has moved 551 BTC after more than 12 years of inactivity.

What it takes for the price of Optimism (OP) to reach $3 again Over the past seven days, the price of Optimism (OP) has increased by 43.40%. The ADX indicator confirms the stability of the rally, and the EMA lines indicate a bullish trend. We are looking into whether the OP will be able to maintain this momentum to test the resistance at $3, or face a deep correction., OP's uptrend is still strong At the time of writing, the ADX Optimism indicator is 28.7 – for comparison, its value was 15 just a day ago. ADX measures the strength of a trend: values above 25 indicate a strong trend, and below 20 indicate a weak or absent trend. The sharp rise in the ADX indicates that the upward momentum is gaining momentum and the rally may continue. In addition, the positive directional index (D+) of the OP is 38.8, and the negative directional index (D-) is 9.37. This means that bullish pressure significantly exceeds bearish activity. The number of active Optimism addresses is decreasing The 7-day moving average of the number of active Optimism addresses per day was 14,200 on November 21. For comparison, on October 13, this figure reached an annual peak of 26,300 addresses. The number of active addresses per day is an important indicator, as it reflects the overall demand for the network. Its decline may mean a decrease in user interest, which may lead to a decrease in purchasing pressure on the OP. OP Price Forecast: Will the asset be able to reach $3 in November? If the price of Optimism continues to rise, the asset may reach the resistance level of $2.55 and possibly $3.04. A break above $3.04 will open the way to $3.41, the highest level since April. This optimistic scenario is supported by the EMA lines. At the time of writing, the short-term lines are above the long-term ones, which indicates a strong momentum. However, a trend change will lead to the OP facing significant selling pressure and testing support at $1.82 and $1.53. If they fail, the asset price may fall to $1.06..

In the near future, the DEGEN token may show an increase of 30-50% The DEGEN token, which ranks 238th in the overall cryptocurrency ranking, has attracted the attention of traders with recent price fluctuations. The asset is currently trading at $0.01954 after falling 4.82% in the last 24 hours and is near critical support and resistance levels. A cryptanalyst under the nickname CryptoBull_360 noted that the technical indicators of the DEGEN chart indicate a potential "bullish" breakthrough of the token. If DEGEN breaks through the resistance level, then depending on the dynamics of the market, the price of the token may increase by 30-50%. The current price movement is based on the historical DEGEN model, which is characterized by sharp jumps followed by a pullback, which corresponds to the current recovery trend. However, a successful rally depends on the activity of buyers and a clear break above the resistance level. DEGEN's market capitalization now stands at $277.14 million. The trading volume over the past day decreased by 40% to $93.34 million. Despite this, open interest increased slightly by 1.03% to $36.75 million, which indicates stable interest among traders. The ratio of long and short positions remains balanced at 0.9681, indicating parity between bullish and bearish positions. The MACD technical indicator on the DEGEN chart is located near the signal line, which indicates the absence of an obvious directional trend. The relative Strength Index (RSI) is 46.37, indicating that the token is not overbought or oversold.

58% of traders on Binance Expect Bitcoin Price Correction According to the data provided by cryptanalyst Ali Martinez, 58.39% of traders on Binance trade bitcoin on a downgrade. The last chart of the ratio of long and short positions reflects a noticeable disparity: long positions account for only 41.61%, so short positions prevail. This trend is usually accompanied by "bearish" sentiment and shows that cryptocurrency traders expect the price of the main cryptocurrency to fall. Historically, periods of increased activity to close short positions can also lead to significant volatility. If prices rise unexpectedly, a short squeeze may occur. Despite the fact that the chairman of MicroStrategy, Michael Saylor, advocates never selling bitcoins, it seems that many investors in BTC are ready to lock in profits as soon as the $100,000 level is reached. Cryptanalyst Marcus Brownlee predicts that after bitcoin reaches the coveted $100,000, a massive sell-off will follow as investors rush to cash out profits. This is also indicated by the data of the Bitcoinity platform — more than 2,400 BTC have accumulated at the level of $100,000, and sell orders are growing towards $ 107,000.

VanEck confirmed the forecast of $180,000 for bitcoin The target price of the first cryptocurrency in the current cycle is $180,000, VanEck experts confirmed their September forecast. Analyst Nathan Frankowitz and head of digital currency research Matthew Siegel are confident that the next phase of the bull market is just beginning. In their opinion, several key indicators indicate this. Experts drew analogies with the digital gold rally at the end of 2020 against the background of the previous US presidential elections. Then the asset's quotes doubled and continued their upward movement next year. The regulatory clarity expected from the Donald Trump administration will be a catalyst for further bitcoin growth, VanEck analysts say. They drew attention to the financing rates of perpetual futures, which have been constantly exceeding 10% since November 12. According to analysts, such metric values signal an optimistic investor mood and significant investment benefits in the medium term. The relative realized profit (smoothed by the 30-day moving average) is at the level of 0.54. This is well below the 0.7 threshold, which is usually associated with reaching market highs. Retail interest in cryptocurrencies is still far from the peaks of 2021. This is indicated by the number of search queries on Google and the number of downloads of the Coinbase application in the United States, experts noted. "While we remain vigilant for signs of overheating, we confirm our cyclical price target of $180,000 per bitcoin as a number of key indicators that we are monitoring continue to give a green signal for this rally," VanEck analysts said. Recall that in the end, the capitalization of the first cryptocurrency will reach half of the gold index, and the price of the first cryptocurrency will be $ 300,000. This opinion was expressed by VanEck CEO Jan Van Ek.

XLM has increased in price by 54.8% The Stellar cryptocurrency ($XLM) increased by 54.8% per day, reaching $0.434. This is the first time since May 2021 that the value of a coin has returned to such a level. The sharp growth has aroused the interest of investors and experts who analyze the reasons for such a rapid movement. Note that the digital coin is trading at 0.448, and its market capitalization has reached 13.43 billion. This allowed her to bypass such cryptocurrencies as Polkadot (DOT) and Chainlink (LINK) in the list of the best Stellar is a blockchain platform created for fast and cheap cross-border payments. Its main goal is to simplify the exchange of currencies and make financial services available even to those who do not have bank accounts. Stellar technology is used both for transferring fiat currencies and for working with tokenized assets. Several factors influenced the growth of the exchange rate. Firstly, interest in solutions related to the actual use of blockchain technologies is growing rapidly. Stellar offers such tools, which makes it attractive for both private users and large financial organizations. Secondly, Stellar's recent strategic partnerships contribute to its popularity. Among the key ones are IBM and other well—known companies using blockchain to optimize their payment systems. This strengthens trust in the platform and stimulates demand for native XLM cryptocurrency. Strong growth may also be associated with an improvement in the overall state of the cryptocurrency market. Investors are showing more interest in altcoins, which offer unique technologies and have real-world application cases. However, despite the positive dynamics, experts warn of possible risks. Growth may be accompanied by increased volatility, especially if the interest of large institutional investors begins to decline. However, Stellar's long-term prospects remain positive, given the developers' commitment to development in the field of decentralized finance.

Cboe to Launch Bitcoin ETF Options in December Cboe Global Markets Inc. has announced plans to launch the first cash-settled index options linked to the bitcoin spot price. Options on the Cboe bitcoin ETF will begin trading on December 2. They will be based on an index that tracks a group of American spot bitcoin ETFs. Bitcoin ETF Options Attract Institutional Investors This event occurred shortly after the Nasdaq exchange launched bitcoin ETF options, allowing investors to speculate on BTC price movements or manage risks through derivatives. Cryptocurrencies such as options and futures have traditionally been traded outside the United States due to regulatory hurdles. However, the growing demand for the instrument has prompted major American exchanges to expand their offerings in this sector. "We expect that the unique benefits of cash settlement, combined with the availability of various index sizes and FLEX options, will give customers more flexibility in their trading strategies," Cboe said in a press release. Grayscale has also joined the trend by starting options trading for its GBTC and BTC Mini ETFs. BlackRock's IBIT options, meanwhile, marked the debut with a record trading volume of over $425 million. Spot bitcoin ETFs are becoming increasingly popular: at the time of writing, they manage more than 5% of all BTC mined. In March and November, when bitcoin reached peak prices, the ETF received about $4 billion, which confirms the link between the demand for ETFs and the growth of the asset rate. "Options expand the ecosystem by attracting more traders and increasing liquidity. And liquidity is a lure for big players. Therefore, you will see more institutions using not only options, but also the ETF itself, thanks to the options available," Bloomberg analyst Eric Balchunas said in a recent podcast. Earlier this month, Bitcoin ETF trading volumes exceeded $7.22 billion. IBIT from BlacRock strengthened its dominance, reaching $40 billion of assets under management and entering the top 1% of ETFs worldwide in terms of AUM. All these events confirm the growing adoption of cryptocurrency products in traditional financial markets.

The investor spoke about the loss of a potential $ 100 million The founder of Global Macro Investor and Real Vision, Raul Pal, shared a story about his early investment in Bitcoin (BTC). Or said that back in 2013, he acquired a cryptocurrency worth $ 200 thousand.. However, then in 2017 he sold off all his assets when the price of bitcoin reached $2,000 per coin. Although he was happy with his profit at the time, it later became apparent that this decision cost him huge missed opportunities. If he had kept his position, his initial investment would have turned into $100 million today. Pal admitted that he still remembers it with regret. This story shows how important patience and a long-term vision of the prospects of certain financial instruments are for successful investments, especially in highly volatile cryptocurrency markets. Recall that in 2017, the BTC rate continued to grow and reached $20,000 during the year. Its subsequent growth in the market has shown that cryptocurrencies can bring significant profits to those who are willing to hold their digital assets even in conditions of instability. The crypto market is known for its high volatility. This makes it both very attractive and dangerous for retail and institutional investors. Many people make mistakes by selling assets too early, fearing losses or underestimating the potential for possible growth. Pal's experience serves as a reminder of the importance of a strategic approach. The ability to see prospects and the willingness to take risks can bring impressive results. However, it is important to understand that not everyone will be able to predict the future. Today, bitcoin is back in the spotlight, approaching the $100,000 per coin mark. Pal's story is not only about money, but also about human nature, fears and emotions that drive investors' decisions.

Analysts on a possible drop in BTC quotes Bitcoin continues to move towards the $100,000 price mark, remaining in the spotlight of investors. This week, the BlackRock IBIT fund became one of the most popular assets among exchange-traded funds, and the trading volume of cryptocurrency-related instruments such as MicroStrategy shares (MSTR) reached record levels. Nevertheless, behind the positive dynamics there are risks that could change the situation in the coming weeks. This was stated by Blofin Academy researchers. According to them, high financing costs remain one of the main problems. Rising repo rates and an increase in the share of positions opened through sponsored repos create additional risks. At the end of November, their rate reached 5.6%, which is significantly higher than the Federal Reserve's figures. Such dynamics may become an obstacle to the continuation of the current rally in the markets. "The situation is even more difficult for altcoins. The increase in financing through derivatives is accompanied by an increase in costs for investors. For example, for ethereum (ETH), annual financing costs have already exceeded 40%, which makes such investments less sustainable. Bitcoin remains less susceptible to these factors due to greater stability in the spot market," the experts noted. On a global level, rising U.S. bond yields and a strengthening dollar are also putting pressure on cryptocurrencies. The dollar index (DXY) has peaked in the last 12 months, and an increase in Treasury bond yields reduces the cost of collateral for repo transactions, which further increases financing costs. The options market data also indicates a growing risk of volatility. Most large options expire in December, which means that price support due to hedging by market makers may disappear early next year. Despite the positive mood in the market, experts warn that the approaching psychological barrier of $100,000 may become a short-term peak. Combined with the high level of risks and seasonal factors, such as a decrease in activity during the Christmas holidays, this increases the likelihood of a correction in the coming weeks.

Dogecoin Jumped on Fresh X Payments Speculation after ELON Musk's Tweet The popular memcoin currency Dogecoin (DOGE) jumped 5%, returning to multi-year highs reached earlier this month, after new speculation regarding the long-awaited social payment service X, owned by ELON Musk. Apparently, the reason for this step was the publication by Musk of a screenshot of JOE Rogan's podcaster profile in X. There was a dollar ICON in the post, which is different from the tip icon in the app, as ONE user noticed in the X post, suggesting that it might be designed to send money as part of X Payments. Musk replied to the post with "the truth." The Dogecoin price has a history of moving news related to payments — however fantastic they may be — at any company owned by ELON Musk, including X, formerly known as Twitter. Musk has long hatched plans to turn the social networking site into an "app for everything" covering payments between users. X Payments LLC has received money transfer licenses in most U.S. states, with the exception of New York. Some Crypto speculate that the service, when launched, may include transactions with some digital assets such as DOGE, given Musk's long-standing attachment to this token. Musk's electric car company Tesla already accepts DOGE payments for some purchases of goods in its online store. DOGE has increased by 5.4% in the last 24 hours, surpassing the fixed prices of Bitcoin (BTC). The token has grown by 190% over the past month and is trading at its highest level since May 2021.

Allianz SE acquired 24.75% of MicroStrategy bonds Allianz SE, a leading German insurance company, has acquired 24.75% of MicroStrategy bonds maturing in 2031. This transaction makes the organization the largest holder of these securities, which underlines its strategic interest in the cryptocurrency sector. Investments in MicroStrategy bonds are provided with a long-term prospect for the growth of the bitcoin (BTC) exchange rate, which is actively owned by the company itself. The securities of this institution attract the attention of large institutional investors due to their connections with the flagship cryptocurrency. The company owns significant BTC reserves and its financial instruments are closely linked to the price dynamics of digital assets. For Allianz SE, this step may be part of a strategy to diversify assets and strengthen positions in innovative sectors. The largest holders of MicroStrategy bonds include such giants as Calamos Partners (6.18%), Context Capital Management (5.05%) and State Street Corp (1.38%). However, Allianz's share significantly exceeds their positions, which indicates higher confidence in the sustainability of MicroStrategy's business. Investments in bonds linked to a company actively buying bitcoins carry both risks and prospects. The growth of the cryptocurrency market can significantly increase the profitability of these securities, however, the high volatility of the cryptocurrency remains a key risk factor. Allianz SE's decision shows that traditional financial institutions are increasingly trusting cryptocurrency assets. This may signal the beginning of a new stage of interaction between classical financial structures and the digital economy. Interestingly, other participants, including BlackRock and Deutsche Bank, also continue to show interest in MicroStrategy bonds. This indicates the growing interest on the part of financial giants in instruments related to cryptocurrencies.

Bitcoin (BTC) at $100,000 is almost a reality Bitcoin has updated its historical maximum, coming close to the $100,000 mark. On Friday, November 22, the main cryptocurrency tested the $99,486 mark At the time of publication, the bitcoin exchange rate is at $98,336, having retreated from record values. We are figuring out what to expect: a further correction or $100,000 and a "native" today. Whales are set to grow Currently, bitcoin is only 1% short of the sacramental mark of $100,000. Considering that the cryptocurrency has already grown by more than 40% in a month, taking this milestone seems like a matter of time. Trading volumes support a bullish scenario. According to CoinGecko, the trading volume over the past day exceeded $118 billion, the highest figure since November 14. This growth reflects the increased demand for BTC, most of which is generated by buyers. The indicator of the ratio of long and short positions (Long/Short Ratio) on Binance shows that retail traders and large holders (whales) assess the situation differently. Over the past hour, more than 53% of retail traders have opened short positions on bitcoin futures, expecting the price to fall. But at the same time, more than 58% of whales are in long positions, betting on further growth. Technical indicators give a mixed picture Exponential moving averages (EMA) also support the continuation of the current uptrend to $100,000 thousand. The EMA for 9 periods (blue) on the 4-hour chart is above the EMA for 21 periods (orange). This arrangement of the EMA lines indicates that the price continues to form higher highs and lows. This is a classic uptrend signal. However, the relative strength index (RSI) is above 70, indicating that the market is overbought. In this case, it is possible that the $100,000 test will be preceded by a small correction. However, further growth remains the most likely scenario in the medium and long term.

Open interest in Ethereum futures has reached a record $20.8 billion On November 22, the volume of open positions (OI) on Ethereum futures jumped by more than 12%, to ATH of $20.8 billion, signaling bullish momentum. This was stated in CryptoQuant, writes The Block. The metric has grown by more than 40% in the last four months, surpassing the previous high of $17 billion in May. Positive financing rates (0.026%) and record leverage also speak in favor of an increase in the price of the second largest cryptocurrency by capitalization. The latter, expressed in the form of the ratio of OI to exchange reserves, rose to a new record of 0.4, experts said. CryptoQuant warned about increased leverage and the predominance of long positions, which may increase the risk of their forced closure with price volatility. On the morning of November 22, the exchange rate of the second largest cryptocurrency exceeded $ 3,400. At the time of writing, the price has rolled back below $3,300, showing a decrease of 1.4% over the past 24 hours. Recall that on November 15, the daily volume of transferred onchain value in Ethereum (7 DMA) reached the maximum since the beginning of the year of $ 7.13 billion. From November 9 to November 15, a record $515.2 million was received in the ETH-ETF.

Ethereum has problems: outflow from ETH-ETF reached $163 million Exchange-traded funds ETFs on Ethereum have lost $163 million this week. This is due to a decrease in investor optimism, which prevents the ETH price from breaking through the $3,400 resistance level. The price of ETH is under pressure and may decline further in the coming weeks. Let's figure out why this might happen. Buying pressure on Ethereum is decreasing According to SosoValue, capital outflow from spot Ethereum ETFs this week amounted to $163 million. This is the third largest weekly outflow since the start of trading in these funds on July 23. The outflow followed a significant inflow, which reached a record $515.17 million in a week. This is the highest figure since the launch of these ETFs. The reason for the jump was the victory of Donald Trump in the US elections on November 5, which led to a parabolic rally in the crypto market. However, the price of ETH has started to experience difficulties as bearish sentiment intensifies again. The ETH/BTC ratio has fallen to its lowest level since March 2021. This is happening against the background of active profit-taking by altcoin holders, which allows the bears to regain control of the market. The decline in the Aroon Up line also reflects a weakening bullish sentiment. At the time of writing, the Aroon Up line has dropped to 28.57%. This technical indicator helps to identify trends and their strength. It consists of two lines: Aroon Up and Aroon Down. Aroon Up measures the time since a new 25-period high has been set, and Aroon Down measures the time since a new 25—period low. When the Aroon Up line decreases, it signals a weakening of the uptrend or the possibility of a reversal. This happens when the price no longer reaches new highs, indicating a loss of bullish momentum. In this case, a downtrend may begin. ETH Forecast: A bullish flag is coming The daily ETH/USD chart shows the likely formation of a bullish flag. This pattern often precedes the continuation of an uptrend. A bullish flag is formed from a rapid price increase (flagpole) and a period of consolidation (flag). When the price breaks through the resistance level of the flag, it signals a possible resumption of the uptrend. If ETH breaks through the upper line of the horizontal channel at $3,997, it will confirm the uptrend. In this case, the price may rise to $3,534. However, if buyers become less active, the token may fall to $3,262, which will cancel the bullish forecast.

Raul Pal: DOGE and SUI enter the "banana zone" Real Vision CEO Raul Pal suggested that DOGE and SUI memcoins are approaching a major bullish rally, which he called the "great banana spin." Raoul Pal He explained that the "banana zone" is a market phase when the rate of crypto assets is constantly growing. During this period, it is better to be patient and invest in leading cryptocurrencies such as BTC, ETH and SOL. This will help reduce risks during market volatility. For risk-averse traders, Pal suggested allocating a small portion of funds to SUI tokens or memcoins like DOGE. "The next ones in the "great banana spin" will be SUI and DOGE, as well as tokens that you already own," Pal wrote on the social network X. The popularity of bananas in pop culture was promoted by SpaceX CEO Elon Musk. This exotic fruit is associated with the recent test flight of a SpaceX rocket, becoming an unusual symbol of weightlessness and Musk's space mission. Also recently, Tron founder Justin Sun bought an art work by artist Maurizio Cattelan called "The Comedian" for $6.2 million. It is presented in the form of a banana glued to the wall with adhesive tape. These events have caused enthusiasm for bananas in the crypto market, so memcoins, which have the name of this fruit in their name, are showing rapid growth. For example, in one day, the BANANA token grew by 5%, and its market capitalization reached $1.1 million. According to Santiment, the memcoins Peanut the Squirrel (PNUT), Pepe (PEPE) and Dogecoin (DOGE) have surpassed bitcoin in popularity. Analysts are confident that interest in these tokens will continue in the near future.

FTX creditors will receive compensation in March 2025 The reorganization of the bankrupt FTX crypto exchange is entering the final stage. Former clients and creditors will receive their first payments in March 2025, the interim head of the company John Ray III (John J. Ray III). "We are continuing to maximize refunds and are preparing to work with distribution agents to return funds to creditors and customers as quickly as possible," Ray stressed. According to the data released on November 21, the FTX administration will begin interacting with distribution agents in early December. They will organize payments and manage a special portal for clients. The final settlement of the process is scheduled for January 2025. Despite the fact that the American court approved the FTX reorganization plan in early October, not all creditors are satisfied with the proposed terms. A group led by Sunil Kavuri criticized the payment scheme, since the amounts are calculated at the exchange rate at the time of filing the bankruptcy petition. At that time, bitcoin was trading at about $16,000, which is significantly lower than current figures. In an attempt to recover assets, the FTX administration initiated a series of lawsuits: In October, a lawsuit was filed against the KuCoin exchange in the amount of $50 million -- In November 2024, claims were made against Crypto.com for $11 million -- On November 8, 2024, proceedings began with Anthony Scaramucci and SkyBridge Capital for $100 million -- A separate lawsuit for $1.8 billion is directed against Binance and its founder Changpeng Zhao The FTX administration claims that before the collapse of the exchange in 2022, Binance and Zhao received about $1.76 billion as a result of fraudulent transfers.