Ethereum (ETH) — Onchain News & Whale Tracking

Ethereum breaks through $2,600, surging 6.75% in 24 hours.

According to HTX market data, Ethereum has surpassed $2,600, jumping 6.75% in 24 hours.

Yesterday, Bitcoin ETFs recorded a net outflow of $282.7 million, while Ethereum ETFs saw a net outflow of $29.9 million.

According to monitoring by Farside Investors, Bitcoin ETFs saw a net outflow of $282.7 million yesterday. Breakdown: ARKB recorded a net outflow of $164.3 million, GBTC a net outflow of $36.4 million, and FBTC a net outflow of $33.6 million. Ethereum ETFs posted a net outflow of $29.9 million, with FETH logging a net outflow of $25.2 million, ETHA a net outflow of $18.6 million, while ETHB and ETH registered net inflows of $13.9 million and $7.7 million respectively.

SGX opens Bitcoin and Ethereum perpetual futures to U.S. institutions, unlocking Asian crypto liquidity.

Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) under Regulation 48.10, allowing U.S. institutional investors to trade its Bitcoin and Ethereum perpetual futures. KC Lam, head of crypto derivatives at SGX, stated that the move connects U.S. traditional financial institutions with Asian liquidity pools, marking another milestone for crypto derivatives’ integration into the regulated traditional financial system. SGX launched Bitcoin (BTP) and Ethereum (ETP) perpetual futures in November 2025. As of August this year, their cumulative trading volume reached $5.8 billion, with around 400,000 lots, an average daily trading volume of roughly 1,300 lots, and a nominal value of $19 million. Bitcoin accounts for 66% of total open interest and 83% of average daily trading volume. SGX noted that the onboarding and access process for U.S. clients typically takes 2 to 4 weeks, and it expects to start serving U.S. customers in the next 1 to 2 months. Unlike crypto-native exchanges, SGX adopts traditional margin call and additional collateral mechanisms, with clearing members serving as an intermediate risk buffer, and does not accept stablecoins as collateral. SGX’s next plans include launching fixed-term futures and options for Bitcoin and Ethereum, and gradually expanding to other mainstream crypto assets.

Yesterday, Bitcoin ETFs posted a net outflow of $120 million, while Ethereum ETFs registered a net inflow of $34.7 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs logged a net outflow of $120 million yesterday. Specifically, IBIT saw a net outflow of $19.5 million, ARKB $78 million, and GBTC $27.2 million. Separately, U.S. spot Ethereum ETFs posted a net inflow of $34.7 million yesterday, with ETHA and ETHB attracting inflows of $9.7 million and $22.9 million respectively.

Bitcoin rebounds to break through $79,000, while Ethereum rebounds to surpass $2,500.

According to HTX market data, Bitcoin has rebounded to break through $79,000, while Ethereum has also rebounded above $2,500.

Ethereum Layer 2 (L2) Scroll plans to shift from a general-purpose public chain to an AI application-specific network, with an expected transition period of approximately 9 months.

The Ethereum Layer 2 (L2) Scroll team shared an update in its governance forum, announcing plans to gradually transition Scroll from a general-purpose public blockchain to a private, application-specific network centered on Compass and its AI product ecosystem, with the full transition expected to take roughly 9 months. Scroll noted that its team has been applying AI to network operations and product development over the past several months, and is currently building a product ecosystem comprising Compass, Compass API, CENO, USX, and SCR. Specifically, Compass offers AI models, VPN, eSIM, and other features; Compass API provides routing services for over 30 large language model (LLM) models; and CENO leverages zero-knowledge (ZK) technology to deliver a trust layer for AI agents, covering credentials, context, and privacy computing. The team stated that CENO currently has more than 30 potential clients, 12 of which are conducting proof-of-concept (POC) tests; Compass remains in the early consumer validation phase. As part of the network transition plan, SCR will migrate to the Ethereum mainnet to maintain broad accessibility and liquidity. Scroll confirmed that SCR’s total supply and overall token economics will remain unchanged, and it will continue to serve as Scroll’s network governance token. Scroll emphasized that this post is merely an update on progress, not a formal proposal or vote. The team will separately submit the network transition plan for DAO deliberation once relevant details are finalized.

An Ethereum OG whale sold 11,023 ETH, worth approximately $27.23 million.

According to Lookonchain's monitoring, roughly an hour ago, an Ethereum OG whale sold 11,023 ETH via Wintermute, valued at approximately $27.23 million.

Strategy’s Bitcoin holdings have an unrealized gain of $2.398 billion, while Bitmine’s Ethereum holdings carry an unrealized loss of $5.194 billion.

According to on-chain analyst Yu Jin’s monitoring, crypto firm Strategy neither added to nor reduced its Bitcoin (BTC) holdings last week. It currently holds 845,050 BTC valued at approximately $66.125 billion, with an average cost of $75,412 per BTC, generating an unrealized profit of around $2.398 billion. Ethereum treasury firm Bitmine continued to accumulate 28,086 Ether (ETH) last week, worth about $68.85 million at an average purchase price of roughly $2,451 per ETH. Bitmine now holds a total of 5,929,198 ETH, valued at approximately $14.651 billion, with an average cost of $3,347 per ETH, resulting in an unrealized loss of around $5.194 billion.

Ethereum Foundation Releases Ratings for 62 EIPs Under Hegotá Upgrade, Targeting a Quantum-Resistant Ethereum Layer 1 (L1) by the End of 2029

The Ethereum Foundation (EF) announced that Protocol Cluster has published two new papers conducting a systematic evaluation of the upcoming network upgrade, Hegotá. Among these, the paper titled "Hegotá EIP Opinion Post and Tier List" evaluates and ranks the 62 currently proposed Ethereum Improvement Proposals (EIPs), marking the first time the team has released a unified EIP rating list for a single network upgrade. According to details, around 60 researchers, engineers, and domain experts from 9 teams under Protocol Cluster participated in the review, submitting a total of 397 rating comments and holding on-site discussions on controversial proposals. The accompanying paper outlines the current and future key priorities for the Ethereum protocol layer, with a core goal of enabling Ethereum Layer 1 (L1) to achieve quantum resistance by December 2029. The Ethereum Foundation noted that the aforementioned upgrade plans, long-term commitments, and shared priorities at the cluster level provide the background for finalizing the scope of the Hegotá upgrade and EIP ratings. Additionally, Protocol Cluster will host an Ask Me Anything (AMA) session on Reddit’s r/ethereum community at 14:00 UTC on September 16, to discuss topics including Hegotá EIP ratings and protocol development priorities.

Tom Lee: Ethereum is more like 'digital land' rather than cash.

Bitmine Chairman Tom Lee recently opined that Ethereum (ETH) is more akin to "digital land" than cash. Lee contends that the core value of high-quality assets lies in their store-of-value capacity—i.e., investors’ confidence that they can properly hold and allocate capital over the long term. He points out that stocks qualify as store-of-value assets because investors purchase them with the expectation that the issuing company will manage capital effectively; real estate, meanwhile, combines store-of-value and cash flow attributes, generating returns through rental income. Within this framework, Lee argues Ethereum is closer to stock markets or land, with its long-term value stemming primarily from the network itself as underlying infrastructure. Bitmine has been increasing its Ethereum holdings weekly for 65 consecutive weeks. As of August 30, 2026, its total ETH holdings reached 5,901,112 units, accounting for roughly 4.9% of Ethereum’s total supply.

Jiang Zhuoer: Closed all short positions on Bitcoin (BTC), restored full spot positions in Ethereum (ETH), awaiting upside.

BTC.TOP Mining Pool founder Jiang Zhuoer posted that he previously opened a short position on Bitcoin (BTC) at $82,050, has now closed the position to take profit at $79,480, and is back to holding a full spot position in Ethereum (ETH) awaiting gains. His reasoning includes: ETH, the engine of this bull market, has recently led gains and is approaching its previous high, which may drive BTC higher; he only took short positions during the continuous net inflow of ETFs (a record $730 million single-day net inflow on September 3). If BTC rises to the $83,000-$84,000 range, he will repeat his short strategy, judging this resistance level will be hard to break in the short term. Jiang added he is still waiting for a major pullback. If BTC drops to the $71,255-$73,361 range (the Fibonacci 50% to 61.8% retracement level), he will buy back all positions; otherwise, he will repurchase as planned by the end of October. He also referenced two previous accurate top-hitting operations: shorting ETH at $2,525 on August 22 and shorting BTC at $82,050 on September 4, and believes the current trading logic of using no leverage and full-position trading is effective.

Ethereum (ETH) fell below the $2,500 mark, posting an intraday gain of 0.79%.

According to HTX market data, Ethereum (ETH) has fallen below the $2500 threshold, currently trading at $2497.3, with a daily gain of 0.79%.

On the eve of August 19, Ethereum whales that accurately bottom-fished on ETH took partial profits, with estimated gains of $2.345 million.

On-chain analyst Ai Yi, operating under the handle @ai_9684xtpa, has detected that trader gnomelabs.eth likely took profit on 4,020 ETH, generating an estimated $2.345 million in gains over the asset’s 21-day holding period. The trader withdrew 6,339 ETH (valued at approximately $12.02 million) from Binance on August 17 at an average price of $1,896.83. Nine hours ago, they deposited 4,020 of those ETH (worth ~$9.97 million) to an exchange at a price of $2,480; a sale at this level would yield a 30.7% return.

Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.

Analyst: Ethereum’s consolidation pattern is bullish; a decisive break above $2,530 could push its price to $2,700.

Crypto analyst Ali Charts said in a post that Ethereum has been consolidating in the $2,370 to $2,530 range since August 26, building momentum for the next market move. He noted that a close outside this range on the hourly candlestick is required to confirm the breakout direction, though the current market structure leans bullish. If ETH breaks above $2,530 convincingly, it could trigger a rally toward $2,700.

Robinhood acts as the landlord, Ethereum as the security: An Arbitrum (ARB) Layer 2 has pushed mainnet settlement fees to nearly zero.

According to DefiLlama data, amid the meme token hype, Robinhood Chain generated $2.61 million in protocol revenue yesterday, with a 7-day total of $22.45 million. As an Ethereum Layer 2 (L2) built on Arbitrum Orbit, Robinhood Chain is required to allocate 10% of its net protocol revenue to the Arbitrum ecosystem. Over the past seven days, Arbitrum, which provides the underlying tech stack, has received around $2.48 million, split between its DAO and developer fund. Meanwhile, Uniswap, a decentralized exchange (DEX) on Robinhood, brought in $609,234 in protocol revenue yesterday, with a 7-day total of $3.36 million. Notably, Ethereum mainnet, as the settlement layer, saw negligible revenue: per growthepie data, Robinhood Chain paid just $1,270 in settlement fees to Ethereum mainnet yesterday, totaling $3,550 over the past seven days. This has sparked widespread debate in the crypto community. Prominent DeFi researcher Ignas pointed out that this structure—where platforms rake in massive profits while the settlement layer receives almost nothing—raises questions about whether this poses a problem for Ethereum. He noted that Ethereum may currently be using low fees to onboard TradFi players into its ecosystem, planning to increase charges once user migration costs become sufficiently high. If Ethereum’s official roadmap does include a strategy of first attracting a large number of L2s, then monetizing Layer 1 (L1) after switching costs rise, this could be positive for ETH, though such an approach is not currently outlined in Ethereum’s roadmap. Arbitrum co-founder Steven Goldfede responded that Robinhood chose Arbitrum to act as a landlord, not a tenant: controlling its own sequencer and keeping most fees for itself.

Leading DeFi researcher questions Ethereum’s Layer 2 strategy: Robinhood’s revenue has surged, yet Layer 1 settlement layer revenue remains low—Is this a problem?

Renowned DeFi researcher Ignas points out that Robinhood’s Layer 2 (L2) network paid just around $722 to its underlying base layer yesterday, while Robinhood itself posted a record $6 million in fee revenue that same day—roughly 10% of which went to Arbitrum, with nearly negligible amounts reaching Ethereum’s Layer 1 (L1). Against this backdrop, Ignas questions: Is this structure, where platforms rake in massive profits while the settlement layer gets almost nothing, actually a problem for Ethereum? Ethereum may currently be using low fees to onboard TradFi players into its ecosystem, planning to raise revenue shares once user migration costs become sufficiently high. If Ethereum’s official roadmap does include a strategy of first attracting a large number of L2s, then monetizing on L1 after switching costs rise, this could be positive for ETH—but such an approach is not visible in Ethereum’s current roadmap.

The crypto market has seen a minor rebound, with Bitcoin breaking through $80,000, Ethereum surpassing $2,500, and BNB rallying sharply to cross $780.

According to HTX market data, the crypto market saw a minor rebound on Sunday, pushing total crypto market capitalization to $2.781 trillion. Bitcoin broke above $80,000, while Ethereum crossed $2,500. Driven by robust trading activity in the BNB Chain ecosystem, BNB surged past $780 and is now trading at $764. SOL is priced at $104, HYPE at $85.8, and ZEC performed strongly, rising over 5% to hit $1,070. Leading altcoin gainers include ARB, which topped the list with a 48.8% single-day rally to trade at $0.197; SUSHI, up over 40% in 24 hours to break $0.267; and several BNB Chain ecosystem tokens such as MARSCOIN, 1000CAT, TUT, and CAKE, which also ranked among the top gainers amid the ecosystem’s hot trading activity.

Ethereum crosses $2,500, with a 1.83% gain over the past 24 hours.

According to HTX market data, Ethereum has surged past $2,500, posting a 1.83% gain in the past 24 hours.

Over the past 24 hours, the Ethereum network recorded a net inflow of $46.47 million, while Robinhood Chain saw a net outflow of $21.07 million.

According to Defillama data, on-chain funds over the past day have clearly concentrated on the Ethereum mainnet and a small number of legacy Layer 1s. Ethereum saw a net inflow of $46.47 million, roughly 4.5 times that of second-place Solana. On the flip side, Robinhood Chain, Arbitrum, Hyperliquid and other platforms combined for a net outflow of over $100 million, reflecting a rebalancing trend of "flowing back to Ethereum, exiting Layer 2s". Robinhood Chain, the day’s largest net outflow source, is a broker-led Layer 2 launched in July 2026 based on Arbitrum Orbit. In the past two months, it has ranked among the top in Meme and tokenized stock trading volume, with its on-chain fees once even surpassing those of Ethereum, Solana and Base; however, its daily bridged funds have turned net outflow. Arbitrum, Base and Polygon also saw net outflows, bringing the total net outflow of the four major Layer 2s (including Robinhood) to around $69.55 million. Perpetual contract public chain Hyperliquid recorded a net outflow of $18.34 million, nearly on par with Arbitrum. New stablecoin settlement chains are also experiencing capital outflows: Tether’s Plasma saw an outflow of $13.27 million, Stripe-incubated Tempo and Tether ecosystem’s Stable registered outflows of $3.45 million and $2.99 million respectively.

The UK's largest retail investment platform Hargreaves Lansdown has launched Bitcoin and Ethereum ETN products.

UK’s largest retail investment platform Hargreaves Lansdown, which manages over $200 billion in assets, announced it is making nine Bitcoin and Ethereum exchange-traded note (ETN) products available to its 2 million clients. The products are offered by issuers including BlackRock iShares, CoinShares, WisdomTree, 21Shares, Invesco and Bitwise, with annual fees ranging from 0% to 0.35%. The move comes less than a year after the platform previously warned clients against cryptocurrency investments, and follows a policy adjustment in response to the UK Financial Conduct Authority (FCA) lifting its retail ban on crypto ETPs in October 2025. New buyers on the platform must complete an appropriateness assessment and wait 24 hours before trading. (CoinDesk)

Founder of 1confirmation: Ethereum’s potential market cap reaches $100 trillion, with a theoretical upside of 333 times.

1confirmation founder Nick Tomaino (@NTmoney) wrote in a post that Ethereum (ETH) and Bitcoin (BTC) are currently the only two assets competing in the "trustworthy neutral store of value" category, while all other tokens qualify as "company coins"—characterized by insider-driven price pumps, exposure to judicial jurisdiction, and reliance on business development. ETH’s current market cap is $300 billion; if it hits a $100 trillion target, its theoretical upside would be 333 times. He also noted that Robinhood Chain’s launch as a layer-2 (L2) network further validates that serious developers tend to choose the EVM ecosystem for greater control and a superior economic model, while reinforcing Ethereum’s network effects.

Yesterday, U.S. Ethereum spot ETFs recorded a net inflow of 141.4 million U.S. dollars.

According to Farside’s monitoring, U.S. Ethereum spot ETFs posted a net inflow of $141.4 million yesterday, with BlackRock’s ETHA attracting $72.1 million in net inflows and Fidelity’s FETH bringing in $65.1 million.

Ethereum surpasses $2,500, with a 4.1% gain in 24 hours.

Per HTX market data, Ethereum has surged past $2,500, with a 4.1% gain over the past 24 hours.

Eightco Holdings disclosed approximately $380 million in holdings, covering OpenAI equity, Ethereum (ETH), and Worldcoin (WLD).

US-listed firm Eightco Holdings (Nasdaq: ORBS) announced that as of September 2, its total assets stood at roughly $380 million, primarily consisting of: approximately $90 million in OpenAI equity held indirectly via a special purpose vehicle (SPV), $18 million in Beast Industries equity, a $1 million investment in Mythical Games, 16,278 ether (ETH), nearly 302 million Worldcoin (WLD) tokens (priced at ~$0.37 per token on Coinbase), plus about $122 million in cash and stablecoins. Over the past month, the company has repurchased more than 25 million common shares under its previously unveiled $125 million share buyback program, and took part in World Foundation’s $52.5 million funding round led by Pantera. The company positions its investment portfolio to target three core trends: artificial intelligence, digital identity, and the creator economy. OpenAI accounts for roughly 24% of its treasury assets, WLD makes up ~29% (the largest publicly disclosed institutional holding globally, representing ~8.3% of its circulating supply), while Beast Industries accounts for ~5%. Management notes that this portfolio covers key segments of the future AI and digital financial system.

Standard Chartered Expands Crypto Footprint: Launches Institutional-Grade Bitcoin and Ethereum Spot Trading Services in UAE

Standard Chartered has become the first global systemically important bank (G-SIB) to offer Bitcoin (BTC) and Ethereum (ETH) spot trading services in the United Arab Emirates (UAE) for institutional clients, according to a Reuters report. The new service allows eligible institutional clients to conduct deliverable BTC and ETH spot trades via the bank’s existing electronic trading channels, with access to its foreign exchange interface for crypto asset transactions. This expansion builds on Standard Chartered’s digital asset custody operations: the lender launched digital asset custody services in the UAE in September 2024, and first rolled out BTC and ETH spot trading for institutional clients via its UK branch in July 2025. Clients may select custodians—including Standard Chartered’s own digital asset custody solution—for trade settlement.

Bitcoin ETFs posted a net inflow of $101 million yesterday, while Ethereum ETFs saw a net outflow of $48.2 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs saw a net inflow of $101 million yesterday. Of that, BlackRock’s IBIT recorded a net inflow of $115.4 million, while Grayscale’s GBTC posted a net outflow of $56.2 million. U.S. spot Ethereum ETFs overall had a net outflow of $48.2 million. Among them, BlackRock’s ETHA saw a net outflow of $53.4 million, ETHB posted a net inflow of $52.9 million, Fidelity’s FETH had a net outflow of $26.2 million, and ETHE recorded a net outflow of $23.5 million.

Ethereum L2 network Silicon will cease operations, users are advised to withdraw their assets as soon as possible.

Ethereum L2 network Silicon will close its asset deposit channels starting September 2, with its testnet also shutting down simultaneously. User asset withdrawal support will remain available until December 31, 2026; after that, block explorers will be closed and the network will be terminated.

Robinhood Chain's daily fees reached $3.75 million, exceeding the combined total of Solana, Ethereum, and Base.

According to on-chain data, Robinhood Chain's on-chain fees reached $3.75 million in the past 24 hours, exceeding the total fees of three public chains—Solana, Ethereum Mainnet, and Base—over the same period.

The supply of USDT on the Tron network has risen to $942.7 billion, surpassing that of the Ethereum network.

According to Lookonchain's monitoring, the supply of USDT on the Tron network has increased by $4 billion over the past month, reaching $94.27 billion, surpassing the total USDT supply on the Ethereum network.

Over the past month, the $USDT supply on #Tron increased by $4B to $94.27B, surpassing the total supply on #Ethereum.

Over the past month, the $USDT supply on #Tron increased by $4B to $94.27B, surpassing the total supply on #Ethereum.

A derivatives contract whale aggressively shorted Bitcoin (BTC), Ethereum (ETH), and US stocks, emerging as the largest short seller across 14 US stock assets.

According to TradingBeats monitoring, whale address "VBVIT" has recently aggressively shorted BTC, ETH, and XYZ100, an asset linked to the US Nasdaq 100. As of 17:41 Hong Kong time on September 2, the address’s total positions in these three short contracts amount to approximately $107.5 million, with an unrealized profit of around $2.4535 million. Per TradingBeats’ current short position size rankings, the address ranks as the 3rd largest short seller of BTC, 8th largest short seller of ETH, and 2nd largest short seller of XYZ100. Specifically, the address holds roughly 839.45 BTC short contracts, valued at ~$64.3196 million, using 10x leverage, with an average entry price of ~$78,146.8, and current unrealized profit of ~$1.2809 million. It also holds ~11,851.47 ETH short contracts, worth ~$28.1247 million, with 20x leverage, average entry price of ~$2,451.97, and unrealized profit of ~$934,800. Additionally, it holds ~522.16 xyz:XYZ100 short contracts, valued at ~$15.0916 million, with 20x leverage, and unrealized profit of ~$237,800. The address currently has a total of 86 positions, 60 of which are short positions, with a total short position size of ~$137 million, and overall unrealized profit of ~$2.6218 million from its short positions. It is also currently the largest short seller on Hyperliquid for multiple US stock and ETF assets, including 14 names such as ASML, IBM, AVGO, and MRVL. The address previously drew attention from the on-chain trading community for opening nearly $30 million in short positions on SPCX via Hyperliquid. Its historical win rate for completed trades stands at 48.44%.

After 7 months of inactivity, a trader has opened a 25x leveraged long position on Ethereum (ETH), valued at $44.85 million.

According to Lookonchain's monitoring, address 0x89da resumed perpetual contract trading after being inactive for roughly 7 months, opening a 25x leveraged long ETH position with a size of 18,587 ETH, carrying a notional value of approximately $44.85 million.

Yesterday, U.S. spot Bitcoin ETFs posted a net outflow of $237 million, while U.S. spot Ethereum ETFs recorded a net inflow of $8.6 million.

According to data from FarsideUK, U.S. spot Bitcoin ETFs recorded a combined net outflow of $236.5 million on September 1. Among them, BlackRock’s IBIT posted a net outflow of $201.2 million, Fidelity’s FBTC saw a net outflow of $43.7 million, and Bitwise’s BITB registered a net inflow of $8.4 million; all other BTC ETFs reported zero net fund flow for the day. U.S. spot Ethereum ETFs posted a combined net inflow of $8.6 million yesterday. ETHB led the inflows with a net addition of $11.2 million, followed by FETH’s $4.8 million net inflow, while ETHE recorded a net outflow of $7.4 million. BlackRock’s ETHA and the rest of the Ethereum ETFs had zero net fund flow on the day.

A crypto whale with a bullish position of 45,000 Ethereum (ETH) has an unrealized loss of $4.1 million, and its total holdings stand at $107 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, as ETH fell below $2,400, the whale holding a long position of 45,000 ETH has an unrealized loss of $4.1 million. The whale added 28,300 ETH to its position on August 31 when ETH dropped below $2,500. Its current position is worth over $107 million, ranking as the second-largest ETH position on Hyperliquid. The entry price is $2,486.37, with a liquidation price of $2,252.68, leaving a buffer of $233.69.

Bitcoin falls below $77,000, Ethereum drops below $2,400.

According to HTX market data, the overall cryptocurrency market has continued to decline, likely impacted by escalating tensions in the Middle East. Bitcoin has fallen below $77,000, while Ethereum has dropped below $2,400. In related news, the U.S. Air Force struck Iranian targets near the Strait of Hormuz today, followed by Iran launching missiles and drones at U.S. military positions.

A mysterious Ethereum whale is selling off 167,855 ETH, worth approximately $408 million.

According to Lookonchain's monitoring, a mysterious Ethereum whale is selling 167,855 ETH, valued at approximately $408 million. The whale received the 167,855 ETH from multiple wallets and has started transferring the tokens to trading platforms. Over the past two days, it has deposited 70,739 ETH (worth around $174 million) across multiple exchanges, and currently holds 97,115 ETH valued at roughly $237 million.

Tom Lee: Bitmine is just 100,000 ETH away from purchasing 5% of the total Ethereum supply.

Bitmine Chairman Tom Lee posted that the firm has acquired 5.9 million ETH, leaving it just 100,000 ETH short of its goal to hold 5% of the circulating supply. Today’s report notes that Bitmine announced it added 53,501 ETH last week, bringing its total holdings to roughly 5.901 million ETH.

Robinhood Chain's DEX trading volume reached $1.33 billion over the past 24 hours, surpassing Ethereum, BSC, and Base networks.

According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit ~$1.33 billion, marking four consecutive days of new all-time highs for daily volume. Its 7-day trading volume stood at ~$6.16 billion, with a week-over-week growth of roughly 79%. The $1.33 billion daily volume outpaced concurrent figures from Ethereum Mainnet ($993 million), BNB Chain ($962 million), and Base ($881 million), ranking second only to Solana ($1.86 billion). Notably, Robinhood Chain’s DeFi TVL is just $725 million—roughly 13% of Solana, Base, and BSC’s respective TVLs, and around 1.5% of Ethereum’s. However, driven by high meme coin trading activity, Robinhood Chain generated $1.07 million in chain fees over the past 24 hours, equal to the combined fees of Ethereum ($362,000) and Solana ($677,000) in the same period, making it the highest-fee chain across the network (excluding application layers). According to DefiLlama’s retained revenue calculations based on on-chain economic models, Robinhood Chain’s 24-hour revenue reached $963,000, far exceeding Ethereum ($70,000), Solana ($84,000), BSC ($44,000), and Base ($93,000)—three times the combined revenue of these other major public chains. This does not mean Robinhood’s overall ecosystem revenue has surpassed Solana or Ethereum, as DefiLlama’s on-chain revenue metric only measures network-level income. Robinhood Chain’s outlier revenue is essentially a result of the meme coin trading boom combined with its L2 sequencer economic model. Unlike Ethereum, Solana, BSC, and other chains, Robinhood Chain retains most user gas fees after covering Ethereum data costs and Arbitrum royalty splits, so network-level revenue is rapidly amplified when high-frequency meme coin trading surges.

Arthur Hayes: The market may be refocusing on the "forgotten" Ethereum.

Arthur Hayes has recently expressed a bullish outlook on Ethereum’s future. He noted that ETH was previously heavily sold off by the market, but has recently shown signs of strengthening relative to Bitcoin (BTC), which may signal the market is refocusing on this asset. Hayes believes that ETH’s strength relative to BTC could be a key indicator of a shift in market sentiment, and the trading logic around the "forgotten Ethereum" may be regaining market attention.

Tom Lee: Four Key Catalysts Could Trigger Ethereum (ETH) Rally; If Bitcoin (BTC) Rises to $150,000 and ETH/BTC Returns to 0.04, ETH Could Reach $6,000

Bitmine Chairman Tom Lee recently told the Milk Road Show in an interview that asset tokenization and AI agent finance will be the core narratives driving the crypto market over the next five years. Ethereum is poised to become the underlying settlement layer of the global financial system, and ETH remains severely undervalued relative to BTC. Lee projects ETH could be boosted by four key catalysts in the remainder of 2026: the U.S. Clarity Act is expected to pass in September, over-the-counter short positions and sidelined funds returning to the market, Asian funds reallocating to crypto assets, and global institutional fund managers chasing top-performing crypto assets amid quarterly performance pressures. He forecasts the ETH/BTC exchange rate will retest its historical high of 0.08. Even a conservative recovery to 0.04 would put ETH at $6,000 if BTC hits $150,000. Lee also stressed Bitcoin still has long-term upside, but the crypto industry’s bigger overarching trends over the next five years will be the "full asset tokenization super cycle" and "AI agent finance".

An Ethereum long-position whale added another 13,000 ETH in the early hours of the morning, pushing its average position cost to $2,486 and currently sitting on an unrealized loss of $3.35 million.

According to Yu Jian Monitoring, whale address 0x0392a opened a long position of 32,000 ETH (valued at $80 million) at $2,487 two days ago. Early this morning, the whale added another 13,000 ETH to his position, bringing his total long holdings to 45,000 ETH (worth $109 million) with an average entry price of $2,486. Following the recent pullback, the position is now showing an unrealized loss of $3.35 million, and its liquidation price stands at $2,251.

Bitcoin breaks through $79,000, Ethereum surpasses $2,500.

，据 HTX 行情信息，比特币突破 79,000 美元，24 小时涨幅 1.49%；以太坊突破 2500 美元，24 小时涨幅 2.48%。

Ethereum core developers confirm EIP-8141 proposal will be included in the Hegotá upgrade.

Ethereum core developer nixo.eth announced via tweet that the community has approved moving account abstraction proposal EIP-8141 from "under consideration" to "scheduled", confirming account abstraction will be advanced as a key feature of the Hegotá upgrade. Separately, another proposal EIP-8130 is set to launch on Base in September, sparking discussions about avoiding a split in account abstraction standards between Layer 1 (L1) and Layer 2 (L2). Currently, the two EIP authors and core developers are working to reach a unified solution without delaying the upgrade. This status update means the feature is now officially part of the Hegotá upgrade roadmap, though its specific specifications may still undergo significant changes. It is understood that EIP-8130 is a Native Account Abstraction (Native AA) proposal put forward by Base’s Chris Hunter, which aims to integrate smart account capabilities directly into the protocol, rather than relying on bundlers and EntryPoints as ERC-4337 does.

BlackRock’s crypto ETF received Bitcoin worth over $200 million and Ethereum worth $23.53 million over the past 9 hours.

According to monitoring by TradingBeats (formerly Hyperinsight), BlackRock’s crypto ETF has received 2,559.28 BTC (valued at over $205.6 million) and 9,340 ETH (worth $23.53 million) over the past nine hours.

After nailing a long position on Ethereum (ETH) that generated over $11 million in profits, a crypto whale has once again opened a 20x leveraged long position on 100,000 Solana (SOL).

According to Lookonchain’s monitoring, trader 0xedcd—who went long on 20,000 ETH (worth ~$49.9 million) ahead of the market rally and reaped over $11 million in profits—has just opened a new position: going long on 100,000 SOL with 20x leverage, with the position valued at roughly $10.45 million.

Ethereum plans to restructure its staking deposit contract to "update its security lock" for the post-quantum era.

An Ethereum developer has proposed a new Ethereum Improvement Proposal (EIP) draft that aims to restructure the existing validator deposit contract, paving the way for the Ethereum staking system to transition to post-quantum cryptography. The proposal plans to replace the contract’s fixed BLS key structure with support for variable-length keys and credential data, with a single entry capped at 8192 bytes, and requires each deposit to specify the "credential scheme" used. Currently, only Scheme 0 is defined, corresponding to the existing BLS signature system; future EIPs can further establish post-quantum validator key standards. The new contract will also introduce three states: "Disabled", "BLS Enabled", and "BLS Permanently Retired". Once a system call triggers the BLS Retired state, new validator staking using the existing BLS scheme will be permanently prohibited and cannot be reactivated. The proposal remains in draft stage and is pending review by EIP editors; the contract address, deployment code, and activation time have not been finalized, and its implementation will require coordinated upgrades between Ethereum’s consensus layer and execution layer. One of the proposal’s authors, Thomas Coratger, noted that post-quantum cryptography is not a straightforward software upgrade. Current Ethereum research prioritizes hash-based signature schemes, whose stateless version has a signature size of roughly 8KB—closely matching the new contract’s 8192-byte cap. The Ethereum Foundation previously established a post-quantum security team. Relevant research indicates that over 65% of ETH is currently held in addresses with on-chain-exposed public keys, and the potential threat of quantum computing to the existing elliptic curve signature system is increasingly becoming a long-term security concern for Ethereum.

Ethereum researchers propose quantum-resistant staking scheme, plan to restructure validator deposit contract.

Ethereum researchers have released an early draft proposing to restructure the validator deposit contract to support varying key lengths and multiple cryptographic signature schemes, laying the groundwork for future adoption of post-quantum signatures. The existing contract hardcodes BLS key sizes, meaning even if developers identify new post-quantum schemes, the network cannot currently integrate them directly. The draft will tag each deposit with the cryptographic system used, assigning tag 0 to BLS and reserving all other tags for future schemes. If approved, new signature schemes can be integrated alongside BLS; Ethereum could later vote to permanently stop accepting new BLS deposits, though validators already staking with BLS keys will not exit immediately. The draft currently uses a temporary identifier, with maintainers suggesting it be designated EIP-8394. As of Wednesday, roughly 42.4 million ETH is staked on Ethereum, valued at approximately $104 billion, all secured by BLS validator keys. In March this year, Google Quantum AI outlined 5 potential quantum attack vectors targeting Ethereum, impacting over $100 billion in assets across wallets, staking, smart contracts, and Layer 2 networks. The Ethereum Foundation currently plans to complete core protocol-level adjustments related to this by around 2029.

Binance will conduct maintenance on its Ethereum network wallet on August 27, with the maintenance expected to last one hour.

According to official announcements, Binance will conduct maintenance on its Ethereum (ETH) network wallets at 14:00 on August 27, 2026. To support this maintenance, ETH deposit and withdrawal functions will be suspended starting at 13:55 on August 27. The maintenance is expected to last approximately one hour, after which the relevant functions will be restored.