Ethereum Foundation to Sell 10,000 ETH to Support Development and Other Work

On September 3rd, trader Eugene Ng Ah Sio posted on his personal channel and said, "Initiated a small attempt at taking a long position in SOL." BTC has successfully regained the $110,000 level and is currently the strongest among the mainstream coins at present. Therefore, I decided to enter. With ETH losing its upward momentum and mNAVs contracting (with BMNR currently being less than 1.1 and SBET being less than 1), I anticipate that market funds will flow into those newer and lighter-weighted coins. If BTC falls below $110,000, I will make a quick adjustment or exit the position.

September 3rd. According to foreign media reports, Tom Cole, the chairman of the House Appropriations Committee, stated on Tuesday that he is advocating for a stopgap measure to postpone the government shutdown threat to November this month in order to gain time for funding negotiations. Congress now must reach an agreement by September 30th to maintain government funding; otherwise, it will face the risk of the first shutdown in years. When asked about his preferred timeline for the stopgap measure, Cole said that he would prefer a "to November" stopgap measure, freezing funding at the current level while lawmakers negotiate the 2026 fiscal year bill. Cole further stated that lawmakers are specifically discussing pushing the deadline to at least November 6th, but he added, "We will at the latest before Thanksgiving, such as the 20th." (FXStreet)

On September 3rd, based on HTX market data, with SOL briefly breaking through $210, the SOL/ETH exchange rate rose to 0.04845 and achieved a 24-hour gain of 5.25%.

On September 3rd, as monitored by on-chain analyst Wu Jinyan, since August 29th, the whale/institution that has been withdrawing a significant amount of ETH from OKX has re-withdrawn another 5,100 ETH (approximately $22.02 million) through the same address just 45 minutes ago. Since August 29th, this whale/institution has cumulatively withdrawn 42,682 ETH (approximately $188 million) from OKX through 3 addresses within five days, with an average price of $4,403. Additionally, the address also holds 80.8 million USDT that was withdrawn from OKX in July.

On September 3rd, the cryptocurrency analyst @ali_charts disclosed on-chain data indicating that in the previous week, 500,000 ETH were withdrawn from exchanges, with a total value of approximately $2.1 billion.

On September 3rd, as per the monitoring of LookOnChain, Whale 5oMWCZ once more deposited 15,555 SOL ($3.24 million) into Hyperliquid. After selling it, it purchased HYPE.
The whale currently holds 352,913 HYPE tokens ($15.77 million), with an unrealized profit of $1.5 million.