Ethereum (ETH) — Onchain News & Whale Tracking

This week, the US Ethereum spot ETF saw a total net inflow of $6.376 billion

On September 13th, based on Farside's monitoring data, this week the US Ethereum spot ETF witnessed a total net inflow of $637.6 million.

Vitalik: Ethereum's mission is to connect the East and West communities, planning to achieve 10x scalability next year

On September 13th, as reported by Bitcoin.com, Vitalik Buterin, the co-founder of Ethereum, took the stage at EthTokyo 2025 and delivered a speech. He firmly believed that Layer 2 solutions are the future development direction of Ethereum. He further put forward an ambitious goal: Ethereum plans to achieve a 10-fold increase in capacity next year, aiming to enhance network throughput and accessibility while maintaining decentralization and security. Vitalik especially emphasized the role of Asia. China developed an early PyEthereum client. Volunteers translated the whitepaper and documents into multiple languages. Community efforts have promoted Ethereum globally. He compared the development styles of China and Japan: Chinese projects make rapid progress on a large scale, while Japanese developers are more inclined to experiment with new technologies. Looking ahead, Vitalik called for more researchers and application developers to participate and not rely solely on the core team. He

Yesterday's US Ethereum Spot ETF Net Inflow was $405 million

September 13: As reported by Farside Investors, yesterday the net inflow of the US Ethereum spot ETF reached $405 million. The breakdown includes: BlackRock ETHA: +$165.6 million Fidelity FETH: +$168.2 million Bitwise ETHW: +$16.6 million 21 Shares TETH: +$6.9 million VanEck ETHV: +$6.8 million Grayscale ETHE: +$23.8 million Grayscale ETH Mini: +$17.6 million

US Stock Ethereum Treasury Concept Stocks Surge, New Stock GEMI Closes Up 14.29% on First Day

On September 13th, according to market data, the U.S. stock market closed with a mixed performance on Friday. The three major indices showed different trends. The Dow Jones Industrial Average initially closed down by 0.59%, the S&P 500 Index dropped by 0.05%, and the Nasdaq rose by 0.44%. Crypto stocks also had a mixed performance. New stocks GEMI, FIGR, and the meme coin Treasurys generally saw gains. Specifically: Coinbase (COIN) declined by 0.28%, with a trading volume of $22.46 billion. Circle (CRCL) fell by 6.27%, with a trading volume of $19.69 billion. MicroStrategy (MSTR) rose by 1.66%, with a trading volume of $35.84 billion. Bullish (BLSH) decreased by 3.98%, with a trading volume of $1.82 billion. Bitmine (BMNR) rose by 15.28%, with a trading volume of $18.92 billion. SharpLink Gaming (SBET) increased by 8.19%, with a trading volume of $4.81 billion. BTCS (BTCS) rose by 7.88%, with a trading volume of $12.15 million. BNB Network Company (BNC) rose by 8.22%, with a tr

Ethereum surged above $4,700 this morning, with a 24-hour gain of 5.1%.

On September 13th, based on HTX market data, Ethereum broke through $4700 this morning. It reached a high of $4748 and is currently trading at $4700 with a 24-hour increase of 5.1%.

USDC Treasury Burns 60.87 Million USDC on the Ethereum Chain

On September 12th, as monitored by Whale Alert, approximately 2 minutes ago, the USDC Treasury burned 60,876,255 USDC tokens on the Ethereum blockchain, with a value of around $60,859,332.

Ethereum PoS Network Staking Queue Currently Reports 725,000 ETH Staked, Equivalent to Approximately $24.7 Billion

On September 12th, based on the data from the Validator Queue tracking website validatorqueue. Today, the exit queue of Ethereum's PoS network is 2.656 million ETH, which is approximately worth $9.03 billion. The current queue waiting time is 46 days and 3 hours. The current admission queue of Ethereum's PoS network is currently reported to be 725,000 ETH and remains at a high level. Calculated at the current price, approximately $2.47 billion worth of ETH is entering the PoS network, with a queue delay of 12 days and 14 hours. The significant increase in ETH exiting the Ethereum PoS network queue is mainly due to Kiln exiting a validator node. It is reported that Kiln has staked approximately 1.6 million ETH, and "the ETH exiting this part will likely be re-staked with a new validator key, meaning they will not be sold." On September 10th, the staking service provider Kiln stated that, following the SwissBorg hack, they had started to orderly exit all their Ethereum validator nodes

Tether Treasury Mints 1 Billion USDT on the Ethereum Chain

On September 12th, as monitored by Whale Alert, the Tether Treasury minted an extra 1 billion USDT on the Ethereum blockchain.

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $5.527 billion, while the Ethereum Spot ETF saw a net inflow of $1.131 billion.

On September 12th, as monitored by Farside Investors, the net inflow of $552.7 million into the US Bitcoin spot ETF yesterday marked the fourth consecutive day of net inflows. This included a net inflow of $366.2 million into BlackRock IBIT and a net inflow of $134.7 million into Fidelity FBTC. Yesterday, there was a net inflow of $113.1 million into the US Ethereum spot ETF. This included a net inflow of $88.3 million into Fidelity FETH.

Ethereum ACDE Meeting #220: Second Round of Non-Finality Testing Completed on Fusaka Devnet-3

September 12th. The 220th Ethereum Altair Core Developer Meeting (ACDE) mainly focused on the following: Another timeline proposal for Fusaka, with an optimistic goal of deploying the upgrade scheme to the Ethereum mainnet by the end of the year (potentially advanced to November). Developers have completed the second round of non-finality testing on Fusaka Devnet-3 but have not yet addressed some technical issues and defects. In the coming days, developers will conduct analysis work on a Blob Parameter Only (BPO) hard fork specifically for Devnet-5.

Bitcoin Short-Term Breaks $116,000, Ethereum Breaks $4,500, SOL Breaks $230

On September 12th, according to HTX market data, mainstream cryptocurrencies witnessed a widespread surge. Bitcoin briefly exceeded $116,000 and is currently trading at $115,910. Ethereum surpassed $4,500 and is currently trading at $4,505. SOL surpassed $230 and is currently trading at $231.83.

Ethereum Withdrawals Delayed, 24-hour CEX Net Inflow of 48,300 ETH

On September 12th, based on Coinglass data, in the past 24 hours, the total net inflow of ETH on CEX was 48,300 ETH. The top three CEX inflows are as follows: · Binance, with an inflow of 49,200 ETH; · Bybit, with an inflow of 7,283.40 ETH; · Coinbase Pro, with an inflow of 5,792.19 ETH. In addition, Bitfinex witnessed an outflow of 7,664.57 ETH, ranking first in terms of outflows.

If Ethereum surpasses $4550, the mainstream CEX total liquidation volume will reach $1.59 billion

On September 11th, according to Coinglass data, if Ethereum surpasses $4550, the cumulative short liquidation intensity on major CEXs will amount to $1.59 billion. In contrast, if Ethereum drops below $4350, the cumulative long liquidation intensity on major CEXs will reach $1.014 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, intensity. Consequently, the liquidation chart shows the extent to which reaching a certain price level will have an impact. Higher "liquidation bars" indicate that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

ZachXBT: A user was hacked on the Ethereum network, losing over 3 million USDC, and the funds have been sent to a mixer.

On September 11th, according to ZachXBT, it was revealed that yesterday an unknown victim was hacked and approximately 3.047 million USDC was stolen on the Ethereum network. The attacker converted the USDC into ETH and immediately deposited the funds into Tornado. Thief's Address: 0xf0a6c5b65a81f0e8ddb2d14e2edcf7d10c928020.

Ethereum Reserve Concept Stock Surges in Pre-market Trading, BMNR Up by 3.51%

On September 11th, in the US stock market, Ethereum reserve concept stocks surged in pre-market trading. These included: · SharpLink Gaming (SBET.US) with an increase of 1.31%; · Bitmine Immersion Technologies (BMNR.US) up by 3.51%; · ETHZilla (ETHZ.US) rising by 4.82%; · BTCS (BTCS.US) with a gain of 0.48%; · COIN (Coinbase.US) increasing by 0.85%; · Bit Digital (BTBT.US) up by 84%.

「Whale Bro」 Trims Ethereum Long Position, Still Holds 26,200 Coins

Opinion: The Sharp Increase in ETH Exiting the Ethereum PoS Network Queue Is Largely Due to Kiln Node Exiting Validation

September 11th: As per crypto KOL @sassal0x, a notable uptick in ETH withdrawals from the Ethereum PoS network was primarily attributed to Kiln exiting its validator nodes. It is reported that Kiln held a total stake of around 1.6 million ETH. @sassal0x stated, "The ETH that is exiting is likely to be re-staked with a new validator key, indicating that it will not be sold." In a news update from yesterday, the staking service provider Kiln announced that, due to the influence of the SwissBorg hack, they will commence a phased withdrawal of all their Ethereum validator nodes starting today to safeguard the integrity of the staked assets.

If Ethereum breaks $4500, the mainstream CEX cumulative short liquidation pressure will reach $1.212 billion

On September 11th, based on Coinglass data, if Ethereum manages to break through $4500, the cumulative short liquidation intensity on mainstream CEXs will reach $1.212 billion. Conversely, if Ethereum drops below $4300, the cumulative long liquidation intensity on mainstream CEXs will reach $743 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be impacted when it reaches a specific level. A higher "liquidation bar" indicates that when the price reaches that point, a more pronounced reaction will occur due to a liquidity cascade.

Yesterday, the US Spot Bitcoin ETF saw a net inflow of $7.415 billion, while the Ethereum ETF saw a net inflow of $1.715 billion.

According to Farside monitoring on September 11th, the net inflow of the US spot Bitcoin ETF yesterday was $741.5 million, and the net inflow of the Ethereum ETF was $171.5 million.

Ethereum PoS Network ETH Stash in Queue Surges Again, Now Over 2.65 Million ETH

September 11th. Based on the data from the Validator Queue tracking website validatorqueue, the queued ETH leaving the Ethereum PoS network has experienced another significant surge. Currently, the total amount of queued ETH stands at 2,650,032 ETH, reaching a new all-time high. The value of this queued ETH is approximately $11.6 billion. The exit wait time is around 46 days and 0 hours. In addition, there are approximately 781,620 ETH queued to join the network. The value of these queued ETH is around $3.42 billion. The expected activation delay is about 13 days and 14 hours.

The SEC Delays Decision on BlackRock Ethereum Spot ETF's Addition of Staking Feature

On September 11th, the US SEC postponed its decision regarding allowing Blackrock's Ethereum spot ETF to incorporate staking functionality.

The SEC Delays Decision on Fidelity's Spot Ethereum ETF to Add Staking Feature

September 10th: The US SEC has deferred its determination regarding Fidelity's physically-backed Ethereum ETF proposal that includes staking functionality, and the review period has been extended to November 13th.

The SEC Delays Decision on Franklin Templeton Spot Ethereum ETF's Addition of Staking Feature

On September 10th, the US SEC postponed its decision regarding Franklin Templeton's Ether ETF to incorporate staking functionality. The review period has been extended to November 13th.

Ethereum Surges Above $4400, 24h Change 1.56%

On September 10th, according to HTX market data, Ethereum has seen a rebound and exceeded $4400. It is currently trading at $4416, with a 24-hour percentage change of 1.56%.

Withdrawal Queue for Ethereum PoS Network Surpasses 2.16 Million ETH, Setting a New All-Time High

On September 10th, based on the data from the Validator Queue tracking website validatorqueue, the queued ETH leaving the Ethereum PoS network has increased by another 290,000 compared to 2 hours ago. It now totals 2,166,633 ETH, reaching a new all-time high with a value of approximately $9.35 billion. The waiting time for exiting is approximately 37 days and 15 hours. In addition, the ETH queued to join the network is approximately 805,678 ETH, with a value of around $3.48 billion. The expected activation delay is about 13 days and 24 hours.

Matrixport: As Ethereum Transaction Volume Declines, ETH Long Leveraged Positions May Face Liquidation Risk Due to Funding Rate Cost

September 10th: Matrixport put out a market insight indicating that recently, Ethereum treasury-based companies have become rather quiet. Their Net Asset Value (NAV) has been hovering around 1. This clearly shows that investors are not inclined to pay a premium for these stocks. Even Bitcoin treasury-based companies have witnessed a substantial drop in their net worth. Although this week's U.S. inflation data and the upcoming Federal Reserve interest rate meeting next week may bring some positive news to the crypto market, Ethereum's trading volume has sharply decreased from $122 billion to only $41 billion, while the open futures contracts have shown only a slight decline. This difference explains why the ETH price is still maintaining its level, but with the decreasing trading volume, some leveraged long position holders may soon be compelled to liquidate, especially as the high funding rate is making the cost of holding positions increasingly high.

Withdrawal Queue for Ethereum PoS Network ETH Increases by Another 300,000, Now Exceeds 1.87 Million

On September 10th, based on the data from the Validator Queue tracking website validatorqueue, the amount of queued ETH exiting the Ethereum PoS network has increased by another 300,000 compared to 2 hours ago. It now totals 1,876,920 ETH, which is approximately valued at $8.1 billion. The exit wait time is approximately 32 days and 14 hours. In addition, the amount of queued ETH waiting to join the network is approximately 811,022 ETH, with a value of approximately $3.5 billion. The expected activation delay is around 14 days and 2 hours.

Staking Service Provider Kiln: Today starts the orderly shutdown of all its Ethereum validating nodes to ensure the integrity of staked assets

September 10th. The staking service provider Kiln announced that following the hack of SwissBorg, which led to the loss of approximately $41 million worth of SOL, all Ethereum validator nodes will commence an orderly shutdown starting from September 10, 2025. The process is anticipated to be completed within 10 to 42 days, with an additional 9 days for withdrawals. This is a precautionary measure taken to ensure asset security. The Kiln team stated that rewards will still be received during the shutdown period, no other indications of fund loss have been detected, some services are temporarily suspended, and infrastructure is being enhanced. A detailed report will be provided later. The team emphasized that the validator node shutdown is a responsible action to safeguard the security of stakers. They are closely monitoring the entire process to ensure the security and reliability of the service. In yesterday's news, the SwissBorg CEO issued a public statement indicating that they are

The amount of ETH staked for exiting the Ethereum PoS network has surged again, now exceeding 1.57 million.

On September 10th, according to the data from the Validator Queue tracking website validatorqueue, the queued ETH leaving the Ethereum PoS network has experienced another significant surge. It now stands at 1,571,241 ETH. Based on the $4312 market price, this is equivalent to approximately $67.75 billion. The waiting time for exit is about 27 days and 7 hours. In addition, there are approximately 815,514 ETH queued to join the network, which is valued at around $35.16 billion. The expected activation delay is approximately 14 days and 4 hours.

Yesterday, Ethereum Spot ETF saw a net inflow of $44.2 million, while Bitcoin Spot ETF saw a net inflow of $23 million.

September 10th. As per Farside Investors, yesterday Ethereum spot ETF witnessed a net inflow of $44.2 million, bringing to an end the preceding sequence of 6 consecutive days of net outflows. The entire net inflow was ascribed to BlackRock's ETHA. Bitcoin spot ETF had a net inflow of $23 million. Among them, BlackRock's IBIT saw a net inflow of $169.3 million, while FBTC experienced a net outflow of $55.8 million and ARKB had a net outflow of $72.3 million.

CITIC Trust's Subsidiary Launches RWA Token on Ethereum with Convertible Promissory Note

On September 10th, CCB Trust, which is a wholly-owned overseas platform of CCB Trust, and Hong Kong virtual asset licensee EXIO Group jointly issued the first Real World Asset (RWA) token $EXCB-25 by using a convertible preferred note on the Ethereum mainnet. It is reported that this model enables stablecoin subscription through a note structure, thereby reducing costs and enhancing the efficiency of on-chain asset ownership.

Ethereum Withdrawal Recovery, CEX Net Outflow of 135,700 ETH in the Last 24 Hours

On September 10th, based on Coinglass data, within the past 24 hours, CEX has witnessed a net outflow of 135,700 Ethereum. The top three CEX with outflows are as follows: · Coinbase Pro, with an outflow of 120,800 ETH; · Kraken, with an outflow of 47,000 ETH; · Bitfinex, with an outflow of 18,400 ETH. In addition, Binance saw an inflow of 35,400 ETH and ranked first in the inflow list.

SharpLink has not increased its Ethereum holdings in the past week, possibly due to its stock buyback program.

September 10th: The Ethereum reserve company, SharpLink Gaming (SBET), has reduced the pace of its accumulation. It did not add any Ethereum in the past week. Currently, its holdings stand at 837,230 ETH, which is the same as the data observed on September 3rd. On the other hand, a similar company, Bitmine, has increased the speed of its Ethereum accumulation. It now holds a total of 2.07 million ETH and has added 206,900 ETH in the past week. BlockBeats previously reported that on September 9th, SharpLink began to implement a $1.5 billion share buyback plan and repurchased approximately 1 million shares of SBET. SharpLink stated that they believe their stock is significantly undervalued. By repurchasing shares when the Net Asset Value (NAV) is below 1, they will immediately enhance earnings and bring compounding benefits to the long-term value of shareholders.

If Ethereum breaks through $4400, the total Short Liquidation on mainstream CEX will reach $1.868 billion

On September 10th, based on Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity on major CEXs will reach $1.868 billion. Conversely, if Ethereum drops below $4200, the cumulative long liquidation intensity on major CEXs will reach $2.048 billion. BlockBeats Note: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, the intensity. Therefore, the liquidation chart shows the extent to which the asset price reaching a certain level will be impacted. A higher "liquidation bar" indicates that the price reaching that level will have a more intense reaction due to a liquidity avalanche.

「Big Brother Whale」 Increases Position to Long Ethereum, Currently Facing $1.72 Million Unrealized Loss

On September 10th, according to on-chain data, "Whale Bro" has raised the leverage of their Ethereum long position to 15 times and holds 28,900 ETH. Currently, their entry price is $4,348.24, the liquidation price is $3,173.45, and they have an unrealized loss of $1.72 million. The weekly profit of their account is $2.0845 million, and the total balance is $33.9984 million.

If Ethereum breaks above $4500, the total liquidation volume of mainstream CEX short positions will reach $1.485 billion.

On September 9th, based on Coinglass data, if Ethereum manages to break through $4500, the cumulative short liquidation intensity on mainstream CEXs will reach $1.485 billion. Conversely, if Ethereum drops below $4200, the cumulative long liquidation intensity on mainstream CEXs will reach $2.216 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.

NFT project TinFun will migrate back to the Ethereum mainnet

On September 9th, the NFT project TinFun officially announced that, after a community vote in favor, the TinFun NFT will migrate back to the Ethereum mainnet. A snapshot will be taken at 8:00 PM on September 9th. The mainnet mapping will occur at 8:00 PM on September 10th. Holders do not need to take any additional actions as the NFTs will be automatically mapped.

Analysis: Ethereum ETF Inflows Do Not Equate to Spot Market Buying Pressure, Traditional Fund Preferences Overlay Futures Portfolio Strategy

September 9th. On-chain data analyst Murphy published an article to analyze whether "ETF Net Inflows Equal Genuine Buying Pressure." Since the launch of BTC and ETH spot ETFs, the inflow and outflow of their funds have become one of the most closely watched indicators in the market. Generally speaking, inflows are regarded as a signal of continuous accumulation by institutional investors. Whether the net inflow of ETFs can directly represent genuine buying demand is different in the case of BTC and ETH, the two mainstream assets. Analyzing the changes in CME open interest and ETF holdings of BTC, it is obvious that the price increase of BTC (the black line rising) is highly correlated with the net inflow of ETFs (the red line trending up). In contrast, the magnitude of the change in CME futures open interest (the yellow bars) is much smaller than that of ETFs. This indicates that the primary way for traditional funds to allocate to BTC is to directly buy spot ETFs to obtain investment

Yesterday, the US Bitcoin spot ETF saw a net inflow of $3.643 billion, while the Ethereum spot ETF experienced a net outflow of $96.7 million.

On September 9th, according to the monitoring of Farside Investors, the net inflow of $3.643 billion into the U.S. Bitcoin spot ETF yesterday was as follows: The net inflow of BlackRock IBIT was $25.5 million; The net inflow of Fidelity FBTC was $1.565 billion. Yesterday, there was a net outflow of $96.7 million from the U.S. Ethereum spot ETF, including: The net outflow of BlackRock ETHA was $192.7 million; The net inflow of Fidelity FETH was $75.2 million.

Institutional Ethereum Holdings Surpass 4.91 Million ETH, Accounting for 4.06% of ETH Supply

On September 9th, based on strategicethreserve data, a total of 71 public treasury companies and institutions that hold Ethereum have jointly held 4.91 million ETH, which is worth $21.04 billion and accounts for 4.06% of the ETH supply. The following entities hold the most: Bitmine Immersion Tech (BMNR) takes the first place. It is currently holding 2.07 million ETH, which is approximately worth $8.87 billion, and there has been a 148.4% increase in holdings in the past 30 days. SharpLink Gaming (SBET) ranks second. It is currently holding 837,000 ETH, which is approximately worth $3.59 billion, and there has been a 60.4% increase in holdings in the past 30 days. The Ether Machine (ETHM) ranks third. It is currently holding 495,000 ETH, which is approximately worth $2.12 billion, and there has been a 43.4% increase in holdings in the past 30 days. Ethereum Foundation ranks fourth. It is holding 229,600 ETH, which is approximately worth $984 million, and there has been a 1.3% decrea

Upbit: GIWA will be an Ethereum L2 network, now live on testnet

On September 9th, according to market information, the "GIWA" launched by Upbit, the largest exchange in South Korea, is going to become an Ethereum Layer 2 solution with the goal of achieving 1-second block times. It has already been launched on the testnet and is scheduled to release the "GIWA Wallet" shortly.

If Ethereum breaks through $4400, the total open interest liquidation on major centralized exchanges (CEX) will reach 709 million.

On September 9th, according to Coinglass data, if Ethereum manages to break through $4400, the cumulative short liquidation intensity on mainstream CEXes will amount to $709 million. On the other hand, if Ethereum drops below $4200, the cumulative long liquidation intensity on mainstream CEXes will reach $1.96 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts awaiting liquidation or the precise value of contracts that have been liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, which is referred to as intensity. Consequently, the liquidation chart indicates the extent to which the target price will be influenced when it reaches a particular level. A higher "liquidation bar" suggests that the price will experience a more intense reaction due to a liquidity avalanche once it reaches that specific point.

Ethereum Withdrawals Slowing Down, with a CEX Net Inflow of 24.4K ETH in the Past 24 Hours

On September 9th, according to Coinglass data, within the past 24 hours, CEX has a total net inflow of 24,400 ETH. The top three CEX inflows are as follows: · Binance, with an inflow of 13,100 ETH; · Bitfinex, with an inflow of 5,228.44 ETH; · Bybit, with an inflow of 1,483.03 ETH. In addition, Gemini had an outflow of 293.59 ETH, ranking first in the outflow list.

Yi Li Hua: Ethereum Price Correction Nearing End, Still Sets $4100-$4300 as Best Buy Zone

On September 8th, Richard Li, the founder of Liquid Capital (formerly LD Capital), wrote on the X platform: "The adjustment is about to come to an end. ETH is about to make a turnaround. The macro fundamentals are in perfect shape. Stick to investing in the bull market trend. Especially in the case of a possible 50 basis points rate cut, still set 4100-4300 as the best buying range."

US Stock Market's Three Major Indexes Open Higher, Ethereum Treasury Stock Price Rises Across the Board

On September 8th, based on market data, the three major U.S. stock indexes opened higher collectively. The Dow rose by 0.07%, the S&P 500 rose by 0.26%, and the Nasdaq rose by 0.49%. Cryptocurrency stocks demonstrated mixed performance. Ethereum Treasury stocks generally increased, including: Coinbase (COIN) increased by 0.27%. Circle (CRCL) decreased by 3.28%. MicroStrategy (MSTR) decreased by 3.68%. Bullish (BLSH) increased by 4.16%. Bitmine (BMNR) increased by 2%. BTCS (BTCS) increased by 6.64%. SharpLink Gaming (SBET) increased by 2.08%. Bit Digital (BTBT) increased by 1.63%. BNB Network Company (BNC) decreased by 2.73%. ALT5 Sigma (ALTS) increased by 1.71%. Trump Family Mining Firm American Bitcoin (ABTC) increased by 5.95%.

Binance's September Net Ethereum Reserves Drop by Over 30,000 Coins, Continues to Accumulate Bitcoin

On September 8th, Binance released its September reserve report. In comparison to the August reserve report, Binance once more decreased its holdings of Ethereum in the September reserve. The net holding dropped from 30,475 ETH in August to 113 ETH in early September. According to the current price of $4300, approximately $130.5 million worth of Ethereum was sold. Previously, Binance's June reserve report showed a substantial reduction in its Ethereum reserves. In contrast, Binance continued to raise its holdings of Bitcoin this month. There was a net increase of approximately 3779 BTC compared to the previous month, and it now holds a net amount of 21,256 BTC. Based on the current price of $111,000, the net increase is worth approximately $419 million.

Ethereum-Based Stablecoins Hit a Total Market Cap of $165 Billion, Reaching an All-Time High

On September 8th, based on Token Terminal data, the total market capitalization of stablecoins on Ethereum has reached $165 billion, setting a new record high.

If Ethereum breaks above $4400, the total short liquidation volume on major CEXs will reach $1.312 billion.

On September 7th, based on Coinglass data, if Ethereum breaks through $4400, the cumulative short liquidation intensity of mainstream CEX will amount to $1.312 billion. Conversely, if Ethereum drops below $4200, the cumulative long liquidation intensity of mainstream CEX will reach $1.227 billion. BlockBeats Note: The liquidation chart does not accurately display the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to the adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the asset price reaching a certain level will be impacted. A higher "liquidation bar" indicates that when the price is reached, there will be a more intense reaction due to a liquidity cascade.

Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6544 ETH in the Last 24 Hours

On September 7th, according to Coinglass data, in the past 24 hours, CEX accumulated a net outflow of 6544 ETH. This includes: · Coinbase Pro had an outflow of 8,576.65 ETH and ranked first in the outflow list; · Kraken had an inflow of 2,007.13 ETH and ranked first in the inflow list.

The amount of ETH queued for exiting the Ethereum PoS network has been decreasing for 9 consecutive days, with approximately $3 billion worth of ETH currently queued for withdrawal.

On September 7th, based on the data from the Validator Queue tracking website validatorqueue, the current amount of ETH leaving the queue of Ethereum's PoS network has been continuously decreasing for 9 days. It currently stands at 698,120 ETH, which is approximately worth $3 billion. The estimated exit waiting time is about 12 days and 3 hours. At the same time, there are approximately 860,782 ETH in the queue waiting to join the network, with a value of around $3.7 billion. The expected activation delay is about 14 days and 23 hours. Previously reported, this situation reflects the existence of two opposing forces in the market. On the one hand, some stakers may have decided to cash out after Ethereum experienced a significant rebound from the April low, resulting in a surge in the exit queue. On the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also increasing the entry queue. For example, publicly traded companies like SharpLink Gamin