A whale has swapped 55 BTC for 2293.8 ETH, approximately $5.96 million

On July 9th, Glassnode announced on social media that currently the majority of wallet cohorts are in a selling state. Specifically, retail investors holding 1 to 10 BTC are in this situation. However, a remarkable exception is that large entities holding 1000 to 10000 BTC are demonstrating a nearly perfect accumulation trend. This divergence clearly shows a significant difference in beliefs between large and small holders.

On July 9th, as per official information, the trading of CADE (RCADE) on Binance is set to commence on July 9, 2025, at 20:00 (UTC+8). Qualified users will be able to utilize Alpha Points to claim an airdrop of 8000 RCADE tokens on the Alpha activity page within 24 hours following the start of trading. The Alpha airdrop will be distributed in two stages: Stage One (first 18 hours): Users who hold at least 210 Alpha Points are eligible to claim the airdrop. Stage Two (last 6 hours): Users with at least 120 Alpha Points can participate in the second-phase airdrop on a first-come, first-served basis until the airdrop pool is depleted or the event concludes. It should be noted that claiming the airdrop will consume 15 Alpha Points. Users must confirm their claim on the Alpha activity page within 24 hours; otherwise, it will be regarded as forgoing the airdrop.

On July 9th, Bitget made an announcement that it has officially become the first cryptocurrency industry sponsor of the European music festival UNTOLD. It will be present at this year's 10th-anniversary celebration "UNTOLD X" in Romania in August and also participate in a special event in Dubai at the end of the year. This cooperation marks a significant milestone for Bitget in integrating Web3 with mainstream culture. After forging partnerships with La Liga and MotoGP, Bitget continues to introduce cryptocurrency assets into globally recognized cultural arenas, crafting an immersive Web3 experience.

On July 9th, as monitored by The Data Nerd, in the past 24 hours, a particular address belonging to Cumberland withdrew a combined total of 23,100 ETH from the Binance platform. This amount is equivalent to around $59.71 million.

July 9th. According to official channels, Binance is set to list LA on July 10, 2025, at 1:00 (Beijing Time), and will open trading pairs for USDT, USDC, BNB, FDUSD, and TRY. LA will be given a seed label. It is worth noting that users are currently able to trade LA on the Binance Alpha market. Once spot trading commences, LA will no longer be accessible on the Alpha market, and its trading volume will no longer be factored into Alpha Points.

On July 9th, the Bitwise analyst stated that in a client report on Tuesday evening, Matt Hougan, the Chief Investment Officer of Bitwise, and Ryan Rasmussen, the Research Director, noted that the trend of tokenizing real-world assets like stocks and bonds through blockchain is reaching a crucial inflection point. Matt Hougan said, "I have always held a dual view on tokenization. On one hand, this seems to be an inevitable trend - stock trading is still restricted to weekdays from 9:30 a.m. to 4:00 p.m., which is clearly outdated. But despite seeming inevitable, I often think we may be entering this area too early. Just consider how long it took to transition from floor trading to electronic trading." Although it may still take a decade to achieve full-scale on-chain securities trading, Bitwise believes that the actions of major institutions such as Robinhood and Tradeweb indicate that momentum is gathering. Hougan pointed out that even if only 1%-5% of the traditional securities mark