Aave V4’s total deposits have crossed $800 million, hitting an all-time high after a 30% rise over the past seven days.
On-chain data shows that Aave V4’s user deposits have reached $806 million, surging 30% in seven days to an all-time high, while its active loan volume stands at $216 million. Currently, Aave V4 is deployed across Ethereum, Optimism, and Avalanche, with deposit breakdowns as follows: $378 million in Ethereum Core, $257 million in EtherFi Cash on Optimism, $75 million in Ethereum Global Dollar, and $63 million in Ethereum Prime. Aave V3’s user deposits still total $31 billion, of which Ethereum Core accounts for $25 billion.
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Polymarket withdraws its application for NFL contracts, and secures approval for Bitcoin price contract licensing on the same day.
Prediction market platform Polymarket US has withdrawn two NFL player participation contract applications. The contracts, which had just been certified by the U.S. Commodity Futures Trading Commission (CFTC) the day prior, were pulled one day before their scheduled listing, with the platform offering no public reason for the withdrawal. The contracts are based on metrics including whether players will participate in at least one offensive or defensive play, and are set to be settled per official NFL game records, classified as binary option swaps. On the same day, Polymarket certified Bitcoin, Ethereum, and Solana price contracts with the CFTC — also binary option swap contracts in paired form.
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Garrett Jin: Bitcoin needs to digest selling pressure at $82,500, advises focusing on three key indicators
Agent of "BTC OG Insider Whale" Garrett Jin released market insights, noting Bitcoin is approaching a dense supply zone. The critical area remains $80,000 to $82,500, where a large number of Bitcoin’s on-chain cost levels are concentrated—formed during the final rally before the sell-off, though not all these tokens need to be traded.
On the positive side, capital flow data is strong. As of August 26, U.S. spot ETFs have attracted inflows for eight consecutive trading days, totaling ~$2.8 billion. August’s inflows hit roughly $3.3 billion, the highest monthly amount so far this year. On-chain metrics show the 7-day moving average of net realized profit and loss is positive at ~$752 million, with realized profits near $1.1 billion and realized losses at $354 million. Despite overhead supply, spot demand is surging.
Garrett Jin argues that a consistent close above $82,500 would signal full absorption of circulating supply (i.e., position turnover is complete). On the downside, the key level is $76,600, near short-term holders’ cost basis. A single-day close below this is manageable, but a real warning would trigger if at least two of three metrics deteriorate simultaneously: ETF capital flows, Coinbase premium, and the 7-day exponential moving average of net realized profit and loss.
On-chain data reveals Garrett Jin’s address added 600 BTC long positions at $79,000 on the early morning of August 26, worth $47.4 million. He now holds 1,868 BTC long positions (valued at $147 million) with an average entry price of $77,090, posting an unrealized profit of $2.78 million.
8 minutes ago
Bitcoin briefly breaks through $81,000.
According to HTX market data, Bitcoin briefly surged past $81,000, currently priced at $80,901.71, with a 24-hour gain of 0.84%.
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BitGo announced the acquisition of NYDIG's institutional trading business.
Per official announcements, crypto custody firm BitGo has reached a definitive agreement with NYDIG to acquire its institutional trading business, adding new capabilities in execution, derivatives, structured products, and financing that complement its existing federally regulated custody, settlement, and wallet infrastructure. NYDIG’s institutional trading business serves institutional investors including asset management firms, hedge funds, corporations, and family offices.
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