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RootData: ALT to Unlock Tokens Worth Approximately $8.57 Million in One Week
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, AltLayer (ALT) will unlock approximately 246.59 million tokens, valued at around 8.57 million US dollars, at 8:00 AM (GMT+8) on August 26.
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, AltLayer (ALT) will unlock approximately 246.59 million tokens, valued at around 8.57 million US dollars, at 8:00 AM (GMT+8) on August 26.
Two Whales Acquire 510 BTC from a Certain Exchange
According to a report by Jinse Finance, Onchain Lens monitoring shows that two whales have acquired 510 BTC from FalconX. Whale bc1qgf received 300 BTC, valued at $34.71 million. Over the past month, this whale has accumulated 1,521 BTC (worth $176.27 million). Whale bc1qgz received 210 BTC, valued at $24.3 million. In the past 10 days, this whale has accumulated 466.66 BTC (worth $54.07 million).
According to a report by Jinse Finance, Onchain Lens monitoring shows that two whales have acquired 510 BTC from FalconX. Whale bc1qgf received 300 BTC, valued at $34.71 million. Over the past month, this whale has accumulated 1,521 BTC (worth $176.27 million). Whale bc1qgz received 210 BTC, valued at $24.3 million. In the past 10 days, this whale has accumulated 466.66 BTC (worth $54.07 million).
Data: The crypto sector continues to decline, with only the PayFi segment remaining relatively resilient
According to ChainCatcher, citing SoSoValue data, most sectors in the crypto market have continued to decline, with only the PayFi sector remaining relatively resilient, rising 0.06% over the past 24 hours. Within the sector, Monero (XMR) increased by 2.19%, while Nano (XNO) and Ultima (ULTIMA) rose by 1.38% and 3.63% respectively. In addition, Bitcoin (BTC) fell by 0.39%, dropping below $116,000, and Ethereum (ETH) declined by 2.25%, falling below $4,300.
In other sectors, the CeFi sector dropped by 0.68%, though one exchange bucked the trend with a 7.40% increase. The Layer2 sector fell by 0.94%, with Mantle (MNT) and ex-MATIC (POL) showing relative strength, rising by 1.39% and 3.65% respectively. The Layer1 sector declined by 1.50%, the DeFi sector by 2.52%, and the Meme sector by 2.73%, while BUILDon (B) surged 3.91% during intraday trading.
Indices reflecting the historical performance of these sectors show the ssiPayFi index up 0.01%, while the ssiCeFi and ssiGameFi indices fell by 0.55% and 0.67% respectively.
According to ChainCatcher, citing SoSoValue data, most sectors in the crypto market have continued to decline, with only the PayFi sector remaining relatively resilient, rising 0.06% over the past 24 hours. Within the sector, Monero (XMR) increased by 2.19%, while Nano (XNO) and Ultima (ULTIMA) rose by 1.38% and 3.63% respectively. In addition, Bitcoin (BTC) fell by 0.39%, dropping below $116,000, and Ethereum (ETH) declined by 2.25%, falling below $4,300.
In other sectors, the CeFi sector dropped by 0.68%, though one exchange bucked the trend with a 7.40% increase. The Layer2 sector fell by 0.94%, with Mantle (MNT) and ex-MATIC (POL) showing relative strength, rising by 1.39% and 3.65% respectively. The Layer1 sector declined by 1.50%, the DeFi sector by 2.52%, and the Meme sector by 2.73%, while BUILDon (B) surged 3.91% during intraday trading.
Indices reflecting the historical performance of these sectors show the ssiPayFi index up 0.01%, while the ssiCeFi and ssiGameFi indices fell by 0.55% and 0.67% respectively.
The amount of ETH currently queued to exit the Ethereum PoS network has risen to 910,000, setting a new all-time high
According to a report by Jinse Finance, data from the validator queue tracking website validatorqueue shows that the current exit queue on the Ethereum PoS network has reached 910,461 ETH, setting a new all-time high. This amount is valued at approximately $3.91 billion, and the number of ETH waiting to exit has increased for seven consecutive days, with an estimated exit wait time of about 15 days and 19 hours. Meanwhile, around 268,217 ETH, valued at approximately $1.15 billion, are queued to join the network, with an expected activation delay of about 4 days and 16 hours.
According to a report by Jinse Finance, data from the validator queue tracking website validatorqueue shows that the current exit queue on the Ethereum PoS network has reached 910,461 ETH, setting a new all-time high. This amount is valued at approximately $3.91 billion, and the number of ETH waiting to exit has increased for seven consecutive days, with an estimated exit wait time of about 15 days and 19 hours. Meanwhile, around 268,217 ETH, valued at approximately $1.15 billion, are queued to join the network, with an expected activation delay of about 4 days and 16 hours.
Data: Over 910,000 ETH Queued to Exit Ethereum PoS Network, Setting a New Record
According to ChainCatcher, citing data from validatorqueue, a validator queue tracking website, the current Ethereum PoS network exit queue stands at 910,461 ETH, valued at approximately $3.91 billion, marking a record high in terms of the number of coins exiting.
Meanwhile, about 268,217 ETH are queued, waiting to join the network.
Previous reports indicate that this situation reflects two opposing market forces: on one hand, some stakers may be choosing to cash out after Ethereum’s significant rally since its April lows, leading to a surge in the exit queue; on the other hand, new capital driven by favorable regulations and institutional demand is also pushing up the entry queue, with publicly listed companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and participating in staking.
According to ChainCatcher, citing data from validatorqueue, a validator queue tracking website, the current Ethereum PoS network exit queue stands at 910,461 ETH, valued at approximately $3.91 billion, marking a record high in terms of the number of coins exiting.
Meanwhile, about 268,217 ETH are queued, waiting to join the network.
Previous reports indicate that this situation reflects two opposing market forces: on one hand, some stakers may be choosing to cash out after Ethereum’s significant rally since its April lows, leading to a surge in the exit queue; on the other hand, new capital driven by favorable regulations and institutional demand is also pushing up the entry queue, with publicly listed companies such as SharpLink Gaming and BitMine Immersion increasing their ETH holdings and participating in staking.
Stablecoin Protocol Cap Officially Launched, cUSD Minting Now Open
According to Jinse Finance, the Ethereum ecosystem stablecoin protocol Cap has officially launched, opening cUSD minting. Users can participate in Epoch 1 of the Frontier program to earn Caps. In April this year, Cap announced the completion of an $11 million funding round, with participation from Franklin Templeton, Triton Capital, and others.
According to Jinse Finance, the Ethereum ecosystem stablecoin protocol Cap has officially launched, opening cUSD minting. Users can participate in Epoch 1 of the Frontier program to earn Caps. In April this year, Cap announced the completion of an $11 million funding round, with participation from Franklin Templeton, Triton Capital, and others.
CoinGecko Announces Executive Leadership Changes: Bobby Ong Appointed CEO, TM Lee Becomes President
According to ChainCatcher, citing an official report from CoinGecko, the cryptocurrency data platform CoinGecko has announced a series of senior management changes. Co-founder and Chief Operating Officer Bobby Ong has been promoted to Chief Executive Officer (CEO), while former CEO TM Lee has transitioned to the role of President. At the same time, the company has appointed Cedric Chan as Chief Technology Officer (CTO) and Xingyi Ho as Head of Product.
According to ChainCatcher, citing an official report from CoinGecko, the cryptocurrency data platform CoinGecko has announced a series of senior management changes. Co-founder and Chief Operating Officer Bobby Ong has been promoted to Chief Executive Officer (CEO), while former CEO TM Lee has transitioned to the role of President. At the same time, the company has appointed Cedric Chan as Chief Technology Officer (CTO) and Xingyi Ho as Head of Product.
Early Ethereum Whale Sells 8,576 ETH Worth Approximately $37.02 Million
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that address 0x737...c1ca6 sold 8,576 Ethereum (ETH) at an average price of $4,317 in the past two hours, with a total value of approximately $37.02 million. This address had received 20,756 ETH from an Ethereum Foundation-associated address 10 years ago, when ETH was priced at $0.875. The Ethereum Foundation has denied ownership of this address. Currently, the address still holds 10,209 ETH.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that address 0x737...c1ca6 sold 8,576 Ethereum (ETH) at an average price of $4,317 in the past two hours, with a total value of approximately $37.02 million. This address had received 20,756 ETH from an Ethereum Foundation-associated address 10 years ago, when ETH was priced at $0.875. The Ethereum Foundation has denied ownership of this address. Currently, the address still holds 10,209 ETH.
"$125,000 ETH Long Position Whale Only $44 Away from Liquidation"
According to Jinse Finance, on-chain data shows that the "whale who rolls over $125,000 to go long on ETH" added another 2,000 ETH (approximately $8.86 million) to their position at 6 a.m. today. The total value of their long position has now reached $46.51 million, with a liquidation price near $4,256. As of press time, ETH is trading at $4,300, just about $44 away from liquidation.
According to Jinse Finance, on-chain data shows that the "whale who rolls over $125,000 to go long on ETH" added another 2,000 ETH (approximately $8.86 million) to their position at 6 a.m. today. The total value of their long position has now reached $46.51 million, with a liquidation price near $4,256. As of press time, ETH is trading at $4,300, just about $44 away from liquidation.
US SEC Delays Approval of Truth Social and Multiple Crypto ETFs Again
Foresight News reports, citing The Block, that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin and Ethereum ETFs until October 8. Earlier this week, the SEC also routinely delayed the approval of the CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF. The review of the related XRP Trust and the 21Shares Core Ethereum ETF staking proposal has also been postponed. The SEC stated that more time is needed to consider the proposed rule changes and the issues involved.
Foresight News reports, citing The Block, that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin and Ethereum ETFs until October 8. Earlier this week, the SEC also routinely delayed the approval of the CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF. The review of the related XRP Trust and the 21Shares Core Ethereum ETF staking proposal has also been postponed. The SEC stated that more time is needed to consider the proposed rule changes and the issues involved.