Ethereum (ETH) — Onchain News & Whale Tracking

Ethereum breaks through $2,700

According to HTX market data, Ethereum has broken through the $2,700 level, with a 1.67% gain in the past 24 hours.

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $190.7 million, while U.S. spot Ethereum ETFs logged a net inflow of $66.1 million.

According to Farside’s monitoring, on September 24, total net inflows into U.S. spot Bitcoin ETFs hit $190.7 million, broken down as follows: BlackRock’s IBIT: +$162.6 million; Fidelity’s FBTC: +$12.9 million; Morgan Stanley’s MSBT: +$10.2 million; Franklin’s EZBC: +$4.9 million; Bitwise’s BITB: +$4.1 million; WisdomTree’s BTCW: -$4 million. ARK’s ARKB, Invesco’s BTCO, Valkyrie’s BRRR, VanEck’s HODL, Grayscale’s GBTC, and other Bitcoin ETFs saw no net inflows or outflows. Total net inflows into U.S. spot Ethereum ETFs yesterday reached $66.1 million, with breakdown: BlackRock’s ETHA: +$26.8 million; Fidelity’s FETH: +$21.5 million; Grayscale’s ETH: +$17.8 million. BlackRock’s ETHB, Bitwise’s ETHW, 21Shares’ TETH, VanEck’s ETHV, Invesco’s QETH, Franklin’s EZET, Morgan Stanley’s MSSE, and Grayscale’s ETHE recorded no net inflows or outflows.

Ethereum surges past $2,700, posting a 1.45% gain in the last 24 hours.

According to HTX market data, Ethereum has surpassed $2,700, with a 24-hour gain of 1.45%.

Payy Network officially confirms it was hacked, with its cross-chain contract on Ethereum under attack.

Payy Network, a privacy-focused stablecoin payment network, officially confirmed that its cross-chain contract on Ethereum was hacked, leading to the theft of all its balances. The investigation is ongoing, and all transactions on Payy Network—including deposits, withdrawals, and transfers—have been suspended. Payy has notified law enforcement and is collaborating with multiple incident response organizations. Earlier today, Specter Investigation detected that Payy Network was suspected of being attacked, with approximately 1.8 million USDC transferred out. The attacker obtained initial funds via the privacy protocol Railgun before converting the stolen USDC into ETH and dispersing the funds to three addresses.

Trader Maji cuts long positions in Bitcoin and Ethereum, incurring $1.42 million in account losses over the past 24 hours.

According to TradingBeats' monitoring, crypto figure "Big Brother Ma Ji" (Huang Lichang) has reduced his long positions in Bitcoin and Ethereum, with his account incurring a $1.42 million loss in the past 24 hours. His current positions are as follows: Ethereum (ETH) long positions worth approximately $96.47 million, with an unrealized loss of around $50,000, entry price of $2,658.94, and liquidation price of $2,549.76; HYPE long positions worth about $19.72 million, with an unrealized loss of roughly $330,000, entry price of $93.25, and liquidation price of $72.96; Bitcoin (BTC) long positions worth approximately $16.72 million, with an unrealized loss of around $20,000, entry price of $83,693.60, and liquidation price of $64,174.98.

Tom Lee: Robinhood chose Ethereum as its infrastructure, citing its security and liquidity.

Tom Lee, chairman of BitMine, an Ethereum treasury firm, said that Robinhood’s choice of Ethereum as the infrastructure for its related businesses is primarily driven by the network’s security and liquidity, rather than low transaction fees. Ethereum’s value proposition is gradually moving beyond simply earning transaction fees; the network no longer needs to maximize gas fees or extract more value from projects built on it to drive growth. Meanwhile, ETH is gradually evolving into a store-of-value asset, with users holding it for its practical utility and appreciation potential.

A whale’s swing trade on Ethereum failed, suffering a loss of $342,000 on 4,088.5 ETH.

On-chain analyst Ai Yi (@ai_9684xtpa) has tracked a whale that previously netted $5.05 million from ETH buy-low, sell-high trades over two months. This whale withdrew 4,088.5 ETH at an average price of $2,727.26 between September 21 and 23. Following today’s market pullback, the whale deposited all of the ETH into Binance an hour ago, with a total value of roughly $10.8 million — translating to a potential $342,000 loss if sold.

Bitcoin ETFs see $320M inflow, Ethereum ETFs add $131M as weekly flows surge to $3B combined

Sept 24 Update: #Bitcoin ETFs: 1D NetFlow: +3,824 $BTC(+$320.43M)?? 7D NetFlow: +28,862 $BTC(+$2.42B)?? #Ethereum ETFs: 1D NetFlow: +49,304 $ETH(+$131.2M)?? 7D NetFlow: +211,638 $ETH(+$563.17M)??

Tom Lee: Bullish on Ethereum challenging its previous high this year, gains led by crypto-related stocks signal the start of a bull market.

Chairman Tom Lee of Ethereum treasury firm BitMine stated that crypto-themed stocks led third-quarter gains, viewing this as a signal of a bull market’s launch. Unlike past cycles driven by ICOs, NFTs, meme coins, and stablecoins, the current cycle incorporates tokenization, AI, and a more favorable regulatory landscape, with a wider pool of participating capital. After years of consolidation, the market may see a more decisive breakout, with upside potential exceeding that of prior cycles. Lee also expressed optimism that Ethereum will strengthen amid the rollout of tokenization on Wall Street, noting ETH has a chance to challenge its all-time high this year.

Yesterday, U.S. spot Bitcoin ETFs recorded net inflows of $346.9 million, while spot Ethereum ETFs saw net inflows of $104.5 million.

According to Farside’s monitoring, the total net inflow into U.S. spot Bitcoin ETFs hit $346.9 million yesterday. Breakdown: BlackRock’s IBIT saw a net inflow of $166.3 million; Fidelity’s FBTC, $143.2 million; Morgan Stanley’s MSBT, $32.4 million; ARK’s ARKB, $5 million. Bitwise’s BITB, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, and Grayscale’s GBTC recorded no net inflows or outflows. Separately, the total net inflow into U.S. spot Ethereum ETFs stood at $104.5 million yesterday. Breakdown: BlackRock’s ETHA, $50.8 million; Fidelity’s FETH, $41.3 million; Grayscale’s ETHE, $4.3 million; VanEck’s ETHV, $4 million; Franklin’s EZET, $3 million; 21Shares’ TETH, $2.9 million; Morgan Stanley’s MSSE, $1.4 million; Invesco’s QETH, $0.9 million. Notably, Grayscale’s ETH posted a net outflow of $4.1 million, while BlackRock’s ETHB and Bitwise’s ETHW had no net inflows or outflows.

A whale that added 15,000 ETH to its position yesterday cut most of its holdings after Ethereum’s price fell overnight, locking in a $21.12 million profit.

Per monitoring by YuEmber, an OTC whale/institution that added 15,000 ETH to its positions only yesterday took partial profits and cut most of its ETH holdings after the early morning price drop today: it transferred 42,000 ETH (worth $112 million) to Galaxy Digital seven hours ago, locking in $21.12 million in profits. The address accumulated 52,000 ETH over the past two months at an average price of $2,161, and reduced its 42,000 ETH position at $2,664 in the early hours of today.

Bitcoin ETFs see $609M inflow, Ethereum ETFs add $184M as weekly flows surge

Sept 23 Update: #Bitcoin ETFs: 1D NetFlow: +7,107 $BTC(+$609.37M)?? 7D NetFlow: +20,738 $BTC(+$1.78B)?? #Ethereum ETFs: 1D NetFlow: +67,597 $ETH(+$183.83M)?? 7D NetFlow: +86,117 $ETH(+$234.2M)??

Bitcoin ETFs posted a net inflow of $714.7 million yesterday, marking three consecutive days of massive net inflows, while Ethereum ETFs recorded a net inflow of $162.2 million yesterday.

According to monitoring by Farside Investors, Bitcoin ETFs posted a net inflow of $714.7 million yesterday, marking their third consecutive day of net inflows exceeding $400 million. BlackRock’s IBIT recorded a net inflow of $350 million, while FBTC saw a net inflow of $257.4 million. Ethereum ETFs had a net inflow of $162.2 million yesterday, with ETHA registering a net inflow of $88.1 million and FETH notching $33.6 million in net inflows.

Bitcoin ETFs see $1.26B inflow, Ethereum ETFs turn negative with $90.41M weekly outflow

Sept 22 Update: #Bitcoin ETFs: 1D NetFlow: +14,613 $BTC(+$1.26B)?? 7D NetFlow: +8,277 $BTC(+$712.62M)?? #Ethereum ETFs: 1D NetFlow: +68,434 $ETH(+$187.93M)?? 7D NetFlow: -32,923 $ETH(-$90.41M)??

More than half of the trading volume of Kalshi’s Ethereum perpetual futures comes from orders of the same fixed amount.

In Kalshi's Ethereum perpetual futures trading between September 17 and 20, orders with a near-$5,499 single transaction amount generated $7.7 million in turnover, accounting for 57% of the analyzed trading volume. Among the 46 sampled dates since June, 43 saw repeated fixed-amount transactions. Kalshi’s public data does not disclose trader identities, and the exchange has not explained the parties behind these repeated transactions or the reasons for changes in the target amount. Earlier, quantitative analyst Beni published an article questioning prediction market platform Kalshi for artificially inflating crypto trading volume, citing multiple data points as evidence. (CoinDesk)

Peter Brandt: Ethereum's long-term resistance level stands at $5,000, and a breakout could drive it to $8,600.

Famous trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared his long-term outlook on Ethereum today. Brandt noted that Ethereum is currently trading at around $2,794, and after breaking through the $5,000 resistance level, it could rally to approximately $8,600. Additionally, Brandt believes XRP’s long-term target could reach $5.40.

U.S. spot Ethereum ETFs saw a net inflow of $270 million yesterday.

According to Farside's monitoring, U.S. spot Ethereum ETFs recorded a net inflow of $270 million yesterday, marking two consecutive trading days of large net inflows.

Vitalik praised prediction market Trueo in a post, which will migrate to Ethereum’s mainnet.

Decentralized prediction market Trueo has announced its migration from the Base network to Ethereum mainnet. Ethereum co-founder Vitalik Buterin praised the move, stating: "I’m delighted to see Ethereum gain a strong new entrant in the prediction market space, one committed to decentralization and ethical principles, rejecting corporate-flavored mediocrity, and truly seeking to leverage these economic primitives to explore interesting and meaningful use cases." (Vitalik had earlier used similar language to criticize commercial prediction markets that overly prioritize short-term dopamine-inducing hype and low-value speculation.)

An Ethereum OG whale bought back 8,630.6 ETH this morning, incurring a swing trading loss of $8.03 million.

According to EmberCN's monitoring, an OG whale that obtained 38,800 ETH by participating in Ethereum's ICO in 2015 sold 11,552 ETH at $2,027 six months ago, generating $23.42 million in proceeds. Early this morning, the whale repurchased 8,630.6 ETH at an average price of $2,749, incurring a swing trade loss of 2,921 ETH, worth $8.03 million.

Bitcoin ETFs see $116M inflow, but Ethereum ETFs lead with $149M daily inflow as weekly outflows persist

Sept 21 Update: #Bitcoin ETFs: 1D NetFlow: +1,363 $BTC(+$116.09M)?? 7D NetFlow: -4,418 $BTC(-$376.24M)?? #Ethereum ETFs: 1D NetFlow: +54,659 $ETH(+$149.45M)?? 7D NetFlow: -62,810 $ETH(-$171.73M)??

Multicoin Capital Co-founder: Solana’s market cap will surpass Ethereum’s in this cycle.

Multicoin Capital co-founder Kyle Samani said that driven by factors like stronger usability and functionality, more crypto companies will build on Solana rather than Ethereum in the future. Solana’s market capitalization will overtake Ethereum’s “in this market cycle,” he noted, adding that Ethereum’s advantage as the default smart contract network for crypto firms may gradually weaken. Samani claimed that “hardly anyone actually uses Ethereum these days,” and its leading position remains mainly due to stablecoins, as well as stablecoins borrowed using ETH as collateral. Samani expressed a pessimistic view on Ethereum’s value capture ability. He stated: “This is an asset worth $300 billion to $400 billion, but its value capture ability is questionable, or may not exist at all, and it has no growth whatsoever.” Samani further said he doesn’t understand why investors are willing to hold ETH at its current valuation, noting there are many “more reasonably priced” investment opportunities in the market. He believes more crypto companies will shift to Solana, calling it “the most feature-complete network” that can help enterprises looking to integrate their operations reduce operational complexity. Although SOL’s current market cap is less than one-fifth of Ethereum’s, its weekly and monthly network fees have both exceeded Ethereum’s.

Jiang Zhuoer: Expects Bitcoin to undergo a sharp correction after reaching a high resistance zone, but remains fully allocated to spot Ethereum in anticipation of gains.

BTC.TOP founder Jiang Zhuoer stated in a post that Bitcoin’s price trajectory aligns with one of his previously outlined expected scenarios: “Test the high resistance zone of $83,000 to $84,000, then a major pullback will follow.” Jiang added, “This pattern means this is not the peak—wait and see, don’t go short, and hold full spot ETH positions for further upside.”

Analysis: Ethereum exchange withdrawal volume hits 3-year high, investors may continue accumulating ETH

CryptoQuant analyst Darkfost wrote that over the past three months, Ethereum (ETH) prices have surged from $1,510 to $2,650, a rise of over 75% that has broken through April’s highs. In comparison, Bitcoin (BTC) has yet to sustainably hold above its May highs, putting ETH’s price trend temporarily ahead. Darkfost pointed out that ETH withdrawal volume on Binance has recently reached a three-year high, with monthly average ETH withdrawal transactions just crossing 90,000 — a level not seen since 2023, roughly double the figure at the start of this year. Large volumes of ETH being moved out of exchanges like Binance typically signal investors transferring the asset to private custody after purchasing it, a move often linked to long-term holding and accumulation strategies. Currently, this accumulation trend is far more prominent for ETH than for BTC.

A whale that netted $3.7 million from swing trading Ethereum (ETH) is chasing the rally again, adding 7,567 ETH to its holdings.

According to EmberCN’s monitoring, a crypto whale that sold ETH in August for an approximate profit of $3.7 million has repurchased ETH today. Over the past hour, the whale transferred $40 million in USDC to Binance, and has since withdrawn 7,567 ETH worth roughly $20 million from the exchange. The whale has repeatedly executed ETH trades on the 21st of each month: it bought $21 million worth of ETH on July 21, sold ETH on August 21 to pocket ~$3.7 million in profit, and repurchased ETH again on September 21.

Ethereum briefly breaks through $2,700

According to HTX market data, Ethereum briefly broke through $2,700 and has now pulled back to $2,694, with a 24-hour increase of 2.49%.

Ethereum approaches $2,700, Bitmine’s total unrealized loss on its positions narrows to approximately $2.71 billion.

As Ethereum approaches $2,700, Bitmine — the world’s largest Ethereum treasury firm — has narrowed the unrealized loss on its total ETH holdings to $2.71 billion, after the loss had once swelled to $10 billion. Bitmine currently holds 5,956,378 ETH, with an average cost basis of roughly $3,340 per token. Additionally, its staked Ethereum positions remain at 5,067,309 ETH, accounting for 85% of its total holdings and valued at approximately $12.7 billion, with current annualized staking rewards of around $334 million.

An OG Ethereum whale has held a long position in ENA for 228 days, with unrealized profits nearing 900%.

According to TradingBeats monitoring, the ENA long position held by a whale address starting with 0xeadc has been ongoing for roughly 228 days. As of 10:34 Beijing Time, the address still holds approximately 10.0265 million ENA long positions, with an average entry price of $0.110537, position value of around $2.0849 million, and unrealized profit of about $976,600. ENA has risen around 88.12% from its entry cost. The position uses 10x full leverage, generating a return of roughly 881.18%. It currently holds a total of 41 long positions, with a total notional value of approximately $69.8481 million, and an overall contract leverage of about 4.65x. ENA accounts for only around 2.98% of its total contract exposure, but its unrealized profit ranks third among all current positions, trailing only NEAR’s ~$1.3695 million and AAVE’s ~$1.0225 million. It is reported that this address is an ETH OG who entered the crypto market in 2017, once holding nearly $90 million worth of ETH, all transferred to Hyperliquid. Previously, it held the largest HYPE long position on the platform.

Yesterday, Grayscale’s Zcash ETF recorded a net inflow of $270 million, while its spot Ethereum ETF saw a net inflow of $143.7 million.

Yesterday, Grayscale Zcash ETF saw a net inflow of $270 million, marking its 16th consecutive trading day of net inflows. Meanwhile, the U.S. spot Ethereum ETF recorded a net inflow of $143.7 million, ending its three-day streak of net outflows.

Maji’s unrealized profit from his Ethereum long position has expanded to $3.65 million, and he added a 10x leveraged long position in HYPE.

According to monitoring by TradingBeats, the unrealized profit on Ethereum long positions held in the address of crypto figure "Big Brother Machi" Huang Licheng has expanded to $3.65 million, with the position value reaching $88.81 million; his Bitcoin long positions carry an unrealized profit of $112,000. He recently added 9,000 HYPE long positions with 10x leverage, at an entry price of $92.21.

Bitcoin ETFs See $154M Inflow, Ethereum ETFs Lose $71.75M in Single Day

Sept 18 Update: #Bitcoin ETFs: 1D NetFlow: +1,955 $BTC(+$154.39M)?? 7D NetFlow: -6,715 $BTC(-$530.42M)?? #Ethereum ETFs: 1D NetFlow: -28,356 $ETH(-$71.75M)?? 7D NetFlow: -42,976 $ETH(-$108.74M)??

Bitcoin surges past $78,000, Ethereum breaks through $2,500

According to HTX market data, Bitcoin has surpassed $78,000, with a 2.01% gain in the past 24 hours. Ethereum has broken through the $2,500 level, posting a 1.22% increase over the same period.

Bankless co-founder liquidated all their Ethereum (ETH) holdings and reallocated to 5 altcoins, all of which have significantly outperformed ETH.

Bankless co-founder David Hoffman announced on May 21 that he had liquidated his entire Ethereum (ETH) holdings, subsequently purchasing VVV, NEAR, ZEC, HYPE, and LIT, while disclosing partial entry prices: "NEAR at approximately $1.40, HYPE at around $45, ZEC at roughly $560, and LIT at about $1.35." Per HTX market data, the current prices of these assets and their performance based on the disclosed entry prices are as follows: LIT trades at $5.02, a roughly 272% increase from entry; ZEC is at $1512.42, up ~170%; NEAR stands at $3.49, up ~149%; HYPE is at $86.51, up ~92%. Hoffman did not reveal VVV’s specific entry price. Using its May 21 price of $15.99 as an estimate, VVV now trades at $25.27, marking a ~58% gain. Over the same period, ETH rose from around $2127.47 to $2473.23, a ~16% increase. All five altcoins in Hoffman’s prior allocation significantly outperformed ETH during the period.

Yesterday, Bitcoin ETFs posted a net inflow of $159.5 million, while Ethereum ETFs recorded a net outflow of $39.3 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net inflow of $159.5 million yesterday, with IBIT seeing a net inflow of $183.7 million. Ethereum ETFs, meanwhile, posted a net outflow of $39.3 million, among which ETHA had a net outflow of $42.9 million.

Bitcoin and Ethereum ETFs See Massive Outflows: $328M BTC, $186M ETH in 24 Hours

Sept 17 Update: #Bitcoin ETFs: 1D NetFlow: -4,300 $BTC(-$328M)?? 7D NetFlow: -12,061 $BTC(-$919.92M)?? #Ethereum ETFs: 1D NetFlow: -76,217 $ETH(-$186.28M)?? 7D NetFlow: -32,343 $ETH(-$79.05M)??

An early Ethereum contributor withdrew 500,000 LIT tokens from the Lighter protocol, valued at $2.07 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa), Ethereum early contributor billΞ.eth (@0xbilly)’s associated address withdrew 500,000 LIT tokens from the Lighter Protocol two hours ago, worth $2.07 million. Fueled by favorable U.S. regulatory policies and the Robinhood network hype, the Lighter Protocol has posted notable growth recently, with its LIT token rallying more than 97% in the past month.

Ethereum drops below $2,500, with a 1.14% decline in the past 24 hours.

According to HTX market data, Ethereum has fallen below $2,500, with a 24-hour decline of 1.14%.

Jiang Zhuoer: Bitcoin may pull back after liquidating positions above $76,000, holds a full position of Bitcoin short orders plus Ethereum spot

Jiang Zhuoer, founder of BTC.TOP (formerly LTCMine Pool), stated in a post that the most likely scenario for Bitcoin right now is to first clear the high liquidation zone around $76,000, with Ethereum (ETH) simultaneously testing its liquidation zone near $2,665. After clearing the $76k zone, two subsequent scenarios emerge: a) Bitcoin stops its decline and rebounds before hitting $75k, after which it is more likely to rally back to $80k, even touching the high resistance zone of $83k to $84k before a major correction; b) If Bitcoin decisively breaks below $75k, it will trigger a correction corresponding to its prior rally from $64k, projected to reach $70k to $72k before entering the next phase of the bull market. Jiang added that next week’s bill vote and Federal Reserve announcements could serve as key catalysts, so he is maintaining a neutral position: full short positions in BTC paired with full spot holdings in ETH.

Ethereum's sharp rally following yesterday's CPI release was driven by whales, with its key resistance level currently above $2,700.

Following yesterday’s CPI release, Ethereum rallied nearly 10% in a short span, jumping quickly from $2,433 to $2,667. Analyst Alicharts attributes this short-term surge to whale activity, noting that the volume of Ethereum transactions worth over $1 million rose by nearly 14% during the period. However, Alicharts also warns that Ethereum is now approaching a major resistance level. Over 10 million ETH previously changed hands between $2,700 and $2,800, creating a significant supply barrier. This is the critical range whales must clear to drive Ethereum toward $3,000.

Yesterday, U.S. spot Ethereum ETFs posted a net inflow of $216.4 million, while U.S. spot Bitcoin ETFs recorded a net outflow of $13.2 million.

According to Farside's monitoring, U.S. spot Ethereum ETFs posted a net inflow of $216.4 million yesterday, while spot Bitcoin ETFs recorded a net outflow of $13.2 million, marking their fourth consecutive trading day of net outflows.

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.