Ethereum (ETH) — Onchain News & Whale Tracking

Bitwise Executive: Treasury Companies Solve Ethereum's Narrative Crisis

On July 31st, as reported by Cointelegraph, Matt Hougan, the Chief Investment Officer of Bitwise, stated that the Ethereum Treasury Company and Staking Company have addressed Ethereum's "narrative problem" by packaging this digital asset in a manner that is more comprehensible to traditional investors, thereby attracting more capital and expediting its adoption. Hougan pointed out in an interview that Ethereum has always had difficulty clearly defining its revenue model for traditional financial investors until its native token Ether (ETH) was packaged within a structure similar to a "stock shell". He explained, "From a valuation perspective, ETH has encountered a problem in recent years. That is, on Wall Street, there is no clear answer as to why it is valuable. Is it a store of value? Is it the scarcity brought about by a burning mechanism? Is it a source of income? Or is it staking rewards? No one can be certain. However, if you take $1 billion worth of ETH and place it into a com

Ethereum Surges Above $3800

On July 30th, according to HTX market data, Ethereum saw a rebound and managed to break through $3800. It witnessed a 0.03% decrease in the past 24 hours.

US Stock Ethereum Reserve Concept Stocks Soar, with BMNR Up by 3.67%

On July 30th, according to Rockflow market data, the US Ethereum reserves concept stocks witnessed a general increase. These include: · SharpLink Gaming (SBET.US) increased by 0.72%; · Bitmine Immersion Technologies (BMNR.US) rose by 3.67%; · GameSquare (GAME.US) went up by 3.58%; · Bit Digital (BTBT.US) gained by 0.99%; · Coinbase (COIN.US) rose by 2.07%.

Ethereum 10th Anniversary Torch NFT Holder Addresses Surpass 280,000

On July 30th, according to on-chain data, the address of the Ethereum Tenth Anniversary Torch Commemorative NFT holder has exceeded 280,000. The minting will end at 24:00 on July 31st (UTC+8). BlockBeats previously reported that Ethereum launched "The Torch" NFT to pay tribute to those who have shaped its development and values in the first decade of Ethereum and will support the future development of Ethereum. In the 10 days leading up to Ethereum's tenth anniversary, this The Torch NFT will symbolically pass between wallets. On July 30th, The Torch NFT will be burned to commemorate Ethereum's tenth anniversary. On that day, everyone can mint a commemorative NFT.

OKX CEO Star has published a blog post paying tribute to the tenth anniversary of Ethereum, stating a firm commitment to co-building the future on the blockchain.

July 30th. In commemoration of Ethereum's tenth anniversary, OKX CEO Star published a blog post titled "Ethereum's Tenth Anniversary: My Personal Tribute," reflecting on the shared journey with Ethereum and looking forward to the future of the blockchain. Star stated that since OKX was established in 2013, they have maintained a close collaboration with the Ethereum ecosystem. In the future, OKX will continue to provide world-class products and services to more than 1 billion users globally, driving the realization of a truly decentralized blockchain vision. In the article, he publicly recounted his first encounter with Vitalik for the first time and admitted that he had underestimated the profound significance of Ethereum's vision. Now, he highly values its ability to reshape the global financial system and trust mechanism. Star pointed out that OKX has long adhered to the open and transparent spirit advocated by Ethereum, from introducing ZK Reserves to supporting EIP-7702 and build

Institutional Ethereum Whale Holdings Change in the Last 30 Days: BMNR Holds 625,000 ETH Ranking First

On July 30th, based on strategicethreserve data, the following treasury companies and institutions witnessed significant changes in their Ethereum holdings over the past 30 days: Bitmine Immersion Tech (BMNR) took the lead, currently holding 625,000 ETH, which is approximately worth $23.8 billion, with a 283.1% increase in holdings during the past 30 days; SharpLink Gaming (SBET) ranked second, currently holding 438,200 ETH, approximately worth $16.7 billion, and experiencing a 132.49% increase in holdings over the past 30 days; The Ethereum Foundation ranked third, holding 238,500 ETH, approximately worth $8.977 billion, with a 6.69% decrease in holdings over the past 30 days; Bit Digital (BTBT) ranked seventh, holding 120,300 ETH, approximately worth $4.585 billion, and showing a 335.53% increase in holdings over the past 30 days; BTCS Inc (BTCS) ranked tenth, holding 70,000 ETH, approximately worth $2.669 billion, with a 379.64% increase in holdings over the past 30 days.

Fundamental is set to carry out a $200 million private placement to kickstart its Ethereum Treasury strategy.

On July 30th, the Nasdaq-listed company Fundamental Global Inc. declared the sale of 40 million common shares at a price of $5 per share, with an expected total amount of proceeds being $200 million. The proceeds will be utilized to initiate the company's Ethereum Treasury strategy. The participants comprise Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic.

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $80 million, while the Ethereum ETF saw a net inflow of $218.6 million

On July 30th, based on Farside's monitoring, the net inflow of the US Bitcoin spot ETF was $80 million yesterday, and the net inflow of the Ethereum ETF was $218.6 million.

Approximately $25.16 billion worth of ETH is currently queued to exit the Ethereum PoS network, while approximately $8.92 billion worth of ETH is waiting to join.

On July 30th, based on the data from the Validator Queue tracking website validatorqueue, the current exit queue on the Ethereum PoS network is temporarily reported to be 659,673 ETH, which is approximately worth $25.16 billion. The recent peak was 744,000 ETH. The exit waiting time is approximately 11 days and 11 hours. Meanwhile, the amount of ETH queuing to join the network is approximately 233,936 ETH, worth about $8.92 billion. The expected activation delay is about 4 days and 1 hour. 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 rebounded by more than 160% from its 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. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and staked the

Opinion: Ethereum Faces Key Resistance at $4500, a Level Last Seen in March 2024 and During the Previous Cycle Peak

On July 30th, based on glassnode data, the +1σ Realized Price Range of ETH (currently at $4500) serves as a crucial upside threshold for the current rebound. This level has acted as resistance in March 2024 and during the 2020-21 cycle. A breakthrough at this level typically indicates a bullish market environment and an increased risk of structural instability. The " +1σ Realized Price Range " combines the Realized Price concept with the standard deviation (σ, sigma) from statistics to assess the average cost basis and price volatility of market participants.

Viewpoint: Referring to factors such as oil, gold, global currency market cap, the future price of Ethereum could reach $706,000

On July 30th, a research report from ethdigitaloil.com indicates that when taking into account factors such as oil, gold, and the global currency market capitalization, etc., the market capitalization of ETH may reach $85 trillion, and the expected future price of a single ETH is projected to reach $706,000. Before this news, Bitmine, an ETH reserve-listed company, officially announced on Platform X that they have invited multiple research institutions to assess the "reset value" of Ethereum (Wall Street valuation), with an estimated value of $60,000.

Upbit Trading Volume Continues to Shrink: XRP, OMNI, and Ethereum in Top Three

On July 30th, based on CoinGecko data, within the past 24 hours, the trading volume on Upbit reached $26.65 billion. The XRP/KRW trading pair took the lead with a 12.09% share. OMNI and Ethereum followed in second and third place respectively.

Ethereum 10th Anniversary Torch NFT Holder Addresses Exceed 145,000

On July 30th, based on on-chain information, the address of the Ethereum Tenth Anniversary Torch Commemorative NFT holder has exceeded 145,000. The minting will come to an end at 24:00 on July 31st (UTC+8). BlockBeats previously reported that Ethereum launched "The Torch" NFT to pay tribute to those who have shaped its development and values in the first decade of Ethereum and will assist in building Ethereum's future. During the 10 days leading up to Ethereum's tenth anniversary, this The Torch NFT will symbolically be passed between wallets. On July 30th, The Torch NFT will be burned to commemorate the founding of Ethereum's tenth anniversary. On that day, everyone will be able to mint a commemorative NFT.

Ethereum's largest holder entity BMNR has a current cost basis of $3,755, only about 1.5% higher than the current market price.

On July 30th, based on the data disclosed by Bitmine Immersion (BMNR), the largest Ethereum hodler. It is stated that the current total holdings of BTC have reached 192 coins, and the total holdings of ETH have reached approximately 625,000 coins. The company has increased its ETH holdings by 58,224 coins, with an overall average purchase cost for ETH being approximately $3,755. According to HTX Market Data, the current price of ETH is $3,810, which indicates that BMNR's average purchase cost is only about 1.46% higher than the current market price.

Tonight Ethereum Co-founder Vitalik will appear on the tenth anniversary commemorative live stream to revisit Ethereum's history

On July 30th, the Ethereum Foundation announced that during a live streaming event this evening at 22:30 Beijing time to celebrate its tenth anniversary, Ethereum's founder, Vitalik Buterin, and ConsenSys founder, Joseph Lubin, will lead the audience through Ethereum's history. The Foundation's Co-Executive Directors, Hsiao-Wei Wang and Tomasz Stańczak, will present the outlook for the next decade.

Ethereum celebrates its tenth anniversary today, having grown from $0.3 to become the world's 28th largest asset.

July 30th. Presently, Ethereum commemorates its 10th anniversary. During the past decade, ETH has ascended from $0.3 to above $4000 and has ranked as the 28th largest asset globally. It has grown to become the second-largest cryptocurrency by market capitalization, trailing only Bitcoin. Ethereum is extensively utilized in DeFi, NFTs, and other domains, earning the appellation of the "world's computer" and subtly transforming our world. In 2014, Ethereum raised approximately 31,000 Bitcoins, which were worth around $18 million at that time through an ICO (Initial Coin Offering). At the time of the ICO, the price of Bitcoin was approximately $600. By 2025, the price of Bitcoin had exceeded $120,000, representing a 200-fold increase. Ethereum is currently priced at $3774, signifying an increase of roughly 12,580 times over the same period.

Ethereum 10th Anniversary Torch Commemorative NFT Free Minting is Now Open

July 30th - The Ethereum Foundation made an announcement stating that the free minting of the Torch Commemorative NFT has now commenced. The minting will come to an end at 24:00 on July 31st (UTC+8). BlockBeats had previously reported that Ethereum launched the "The Torch" NFT as a tribute to those who have shaped its development and values during the first decade of Ethereum and will support the future construction of Ethereum. In the final 10 days approaching Ethereum's tenth anniversary, this Torch NFT will symbolically be passed between wallets. On July 30th, the Torch NFT will be burned to mark the tenth anniversary of Ethereum's founding. On that day, everyone will be able to mint a commemorative NFT.

The SEC is currently reviewing BlackRock's Ethereum Spot ETF application, which includes a staking mechanism.

On July 30th, the U.S. Securities and Exchange Commission (SEC) stated on Tuesday that it is currently in the process of reviewing BlackRock's application to incorporate a staking mechanism into its iShares Ethereum Spot ETF and is soliciting public opinion on the relevant rule change. This change was submitted by Nasdaq. Previously, companies such as 21Shares and Grayscale have also filed similar applications. In addition, the U.S. Securities and Exchange Commission (SEC) has postponed the decision on whether to approve Grayscale's Litecoin ETF proposal until October 10th.

Ethereum Surges Above $3800

On July 30th, based on HTX market data, Ethereum has shown a rebound and exceeded $3800, with a 24-hour percentage change of 0.01%.

The SEC Approves Bitcoin and Ethereum ETF Physical Redemption Mechanism

On July 30th, according to market information, the U.S. Securities and Exchange Commission (SEC) has officially given the green light to the physical redemption mechanism of Bitcoin and Ethereum ETFs.

SEC Confirms Receipt of Application Allowing BlackRock Ethereum Spot ETF to Pledge Assets

On July 30th, the U.S. Securities and Exchange Commission (SEC) has verified the receipt of the application enabling BlackRock's Ethereum spot ETF to participate in staking. Previously, the President of the ETF Store, Nate Geraci, stated at the beginning of the year that staking for an ETH ETF would occur in one way or another. It is anticipated that this process will gain momentum under the leadership of the Trump administration.

eToro to Launch Tokenized Stocks on the Ethereum Blockchain

On July 29th, the online trading platform eToro announced that it will launch a tokenized US stock service on the Ethereum blockchain. This enables users to buy and trade tokenized US stocks on the blockchain as a strategic step towards a tokenized future. During a webinar held on Tuesday, eToro disclosed that it will offer a 24/5 trading service for the initial 100 popular US-listed stocks and ETFs (serving as underlying assets), allowing users to trade outside of traditional market hours. eToro has also formed a partnership with the Chicago Mercantile Exchange Group to launch spot price futures. These futures are currently available in some European markets, with plans to further expand their coverage.

U.S. Stock Ethereum Reserve Concept Stocks Experience Collective Pullback, BMNR and GAME Drop Over 10%

On July 29th, based on the market data from RockFlow, the concept stocks related to Ethereum reserves in the US stock market all saw a pullback. Bitmine Immersion (BMNR) and GameSquare (GAME) decreased by more than 10%, SharpLink Gaming (SBET) and Bit Digital (BTBT) dropped by more than 7%, and BTCS Inc (BTCS) declined by nearly 4%.

Ethereum PoS Network Exit and Entrance Queue Sees Slight Increase, with ~$25.7 Billion ETH Queued for Exit

July 29th. Based on the data from the Validator Queue tracking website ValidatorQueue, the current exit queue of the Ethereum PoS network is temporarily reported to be 676,000 ETH, with a recent peak of 744,000 ETH. On July 16th, this number was only 1,920 ETH, and on July 15th, there was no need to queue for exit. Calculated at the current price, approximately $25.7 billion worth of ETH is exiting the PoS network, and the withdrawal delay has extended to 11 days and 18 hours. At the same time, the staking demand for new validator activations has witnessed a turning point after a recent surge. On July 17th, there were 435,000 ETH queued to enter the network, but today, the admission queue has dropped to 245,000 ETH, worth about $9.3 billion, with a current queue time of 4 days and 6 hours. Andy Cronk, the Co-founder of the staking service provider Figment, previously stated: "People unstake and sell to lock in profits when the price rises, and both retail and institutional participan

The U.S. publicly traded company 180 Life plans to raise approximately $425 million to transform into an Ethereum Treasury Reserve Company.

On July 29th, as per PR Newswire, the publicly traded U.S. company 180 Life Sciences Corp. (Nasdaq: ATNF) declared its transformation into an Ethereum treasury reserve company. The company intends to raise approximately $425 million through private equity financing. After the completion of the transaction, it plans to rebrand as ETHZilla Corporation. The private equity financing investors encompass Harbour Island, Electric Capital, Polychain Capital, GSR, Omicron Technologies, and others.

Bitcoin Falls Below $18,000, Ethereum Drops Below $3,800

On July 29th, according to HTX market data, Bitcoin fell below $118,000, experiencing a 24-hour loss of 0.46%. Ethereum also dropped below $3,800, with a 24-hour loss of 1.1%.

Many Ethereum Ecosystem Projects Jointly Release "Believe in somETHing" Post to Celebrate Ethereum's 10th Anniversary

On July 29th, a number of Ethereum ecosystem projects such as the Ethereum Foundation, Ondo Finance, Metamask, Consensys, Synthetix, and others jointly posted a picture accompanied by the caption "Believe in somETHing" to mark the 10th anniversary of Ethereum's launch. Previously, the Ethereum Foundation announced that the 10th-anniversary celebration livestream would be held on July 30th at 14:30 UTC (22:30 Beijing time). The celebration event will be global, and within 24 hours after the event, free minting of Ethereum Torch commemorative NFTs will be available. Ethereum has introduced "The Torch" NFT to pay tribute to those who have shaped its development and values in its first decade, and it will assist in supporting the future development of Ethereum. In the 10 days leading up to Ethereum's 10th anniversary, this Torch NFT will symbolically be passed between wallets. On July 30th, The Torch NFT will be burned to commemorate Ethereum's founding anniversary. On that day, everyone

BMNR Ethereum Total Supply Reaches Approximately 625,000 Coins, Ranking First in Institutional Holdings

Linea announced multiple plans ahead of the TGE, including the introduction of native ETH rewards, establishing an Ethereum Ecosystem Fund, etc.

On July 29th, Linea announced a series of plans prior to the token TGE. These plans include introducing native staking rewards for bridged Ethereum, launching a protocol-level Ethereum burning mechanism, designing an Ethereum-centric deflationary token, and establishing an Ethereum ecosystem fund. The aim is to transform Linea into an ETH capital hub. The bridged Ethereum native staking feature is expected to be launched in October, and the staking rewards will be reinvested in the Linea ecosystem. The Linea team stated that approximately 20% of all net transaction fees paid in ETH will be burned to reduce the supply of ETH, while the remaining 80% of net transaction fees will be used to burn LINEA tokens to reduce the fixed supply. Additionally, 85% of the token supply will be allocated to the ecosystem, with 10% reserved for early users and 75% gradually distributed through the ecosystem fund. The remaining 15% of LINEA tokens will be locked for five years and owned by the Consensys

Ethereum Hodler Alert: Top US Stock Company BMNR Announces Plan to Buy Back Up to $1 Billion in Stocks

On July 29th, according to market intelligence, Bitmine Immersion (BMNR), which is the top publicly traded crypto reserve company backed by Ethereum whales, declared that it will repurchase up to $1 billion of the company's stock.

Ethereum Open Interest Reaches New High Since April 2023

On July 29th, Glassnode put out a post indicating that the market share of Ethereum's open interest contracts has risen to nearly 40%, reaching its highest level since April 2023. In history, only 5% of trading days have had a higher share. This alteration indicates a notable shift in speculative focus, with funds gradually transferring from Bitcoin to Ethereum.

Standard Chartered Bank: Ethereum Poised to Break Above $4,000 in Treasury Purchase Trend

On July 29th, Geoff Kendrick, the Head of Digital Asset Research at Standard Chartered Bank, stated that as cryptocurrency treasury companies continue to purchase Ethereum, Ethereum is anticipated to experience further growth. Cryptocurrency treasury companies, which are publicly listed companies holding digital assets on their balance sheets, have begun to integrate Ethereum into their asset allocations, and the institutional buying of Ethereum has even exceeded that of Bitcoin. He mentioned that due to the continuous restrictions on cryptocurrency asset investments in many jurisdictions, investors are increasingly turning to alternative channels such as public companies for allocation. "If the inflow of funds can be sustained, Ethereum is expected to break through the key level of $4000 (our current end-of-2025 price prediction)." (Kryptonian)

Ethereum Treasury Protocol ETH Strategy Completes Over $46 Million Fundraising

On July 29th, as reported by The Block, the ETH Strategy treasury accumulation protocol, which is designed to offer Ethereum leverage exposure, managed to raise 12,342 Ethereum (approximately $46.5 million) during a pre-launch fundraising round. This fundraising round was completed through three distinct channels, with the aim of attracting different types of investors. In the private sale phase, 6,900 Ethereum was raised. The public sale raised 1,242 Ethereum. Additionally, 4,200 Ethereum was obtained through redeemable warrants. All investment categories were issued STRAT tokens at varying prices, and investors are required to adhere to a four-month lock-up period, followed by a two-month linear release starting from the token generation event. ETH Strategy intends to utilize 11,817 of the Ethereum for core protocol operations, such as Ethereum staking and protocol liquidity provision. The remaining 525 Ethereum will be allocated for protocol development and growth activities, cove

Ethereum Co-Founder: SharpLink Aims to Accumulate ETH Faster than Other Companies

On July 29th, as per Cointelegraph, Joe Lubin, the co-founder of Ethereum and CEO of Consensys, is one of the Ethereum Treasury Strategists at SharpLink Gaming. He anticipates that the company can amass Ethereum (ETH) for its shareholders as promptly as feasible, raising the "battle cry" during the corporate rush to become the foremost ETH accumulator. Joe Lubin declared: "We hold the view that, on a per-share (fully-diluted) basis, our rate of ETH accumulation will outstrip that of any other Ethereum project and definitely be quicker than Bitcoin-related projects. SharpLink is accumulating funds 'daily' through a market-price-based issuance mechanism to augment its ETH reserves, while staking existing holdings to earn rewards and achieve compound growth." SharpLink is vying with BitMine for the status of "Ethereum Treasury Premier Company." According to the data from StrategicETHReserve, BitMine currently leads, holding 566,800 ETH with a market value of approximately $2.13 billion,

Yesterday's US Spot Bitcoin ETF saw a net inflow of $157.1 million, while the Ethereum ETF saw a net inflow of $65.2 million.

On July 29th, as per Farside's monitoring, the net inflow of the US Spot Bitcoin ETF was $157.1 million yesterday, and the Ethereum ETF had a net inflow of $65.2 million.

Approximately $25.9 billion worth of ETH is currently staked on the Ethereum PoS network, while approximately $9.8 billion worth of ETH is waiting to be staked.

On July 29th, as per validatorqueue data, currently there are around 684,000 ETH (valued at approximately $25.9 billion at the present price) awaiting to exit the Ethereum PoS network, and the waiting time for exit is about 11 days and 21 hours. Meanwhile, there are approximately 259,000 ETH lined up waiting to join the network, which is about $9.8 billion, and the expected activation delay is about 4 days and 12 hours. Previously reported, this situation indicates the existence of two opposing forces in the market: on one hand, some stakers may have decided to cash out after Ethereum rebounded by more than 160% from its April low, resulting in a significant increase in the exit queue; on the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also pushing up the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and are staking.

An hour ago, a whale transferred 8231 ETH from the Blast Network back to the Ethereum Network and then moved it to Binance.

On July 29th, as monitored by on-chain analyst Yu Jin, a whale transferred 8,231 ETH ($31.23 million) from the Blast Network back to the ETH Network an hour ago and then moved it to Binance. The whale received airdrops and DeFi income exceeding $12 million on the Blast Network. In December 2023, the whale transferred 45,000 ETH ($102 million) into Blast mining. Since August 2024, it began to gradually withdraw ETH and transfer it to Binance. Today's withdrawal is basically the whale's final funds on the Blast Network.

Ethereum Bounces Back, Surpasses $3800

On July 29th, according to HTX market data, Ethereum witnessed a rebound and successfully broke through $3800. The 24-hour loss was narrowed to 1.59%.

AguilaTrades has closed its 25x Ethereum long position, realizing a profit of $1.67 million

On July 29th, as monitored by Onchain Lens, the whale trader AguilaTrades has liquidated his 25x long position on Ethereum and earned $1.67 million. Currently, the remaining balance in his account is $3.8325 million.

Ethereum Drops Below $3800

On July 28th, based on HTX market data, Ethereum has fallen below $3,800 and is currently trading at $3,786.

QCP: Market Expecting Ethereum and Bitcoin to Face Pullback Pressure Around $4,000 and $120,000

On July 28th, QCP issued its daily market analysis report indicating that Ethereum is gradually getting close to the $4000 price level, which was last observed in December of the previous year. With the continuous inflow of funds into the Ethereum spot ETF surpassing that of the Bitcoin ETF for seven consecutive days, market attention and speculation on ETH are intensifying. Considering that the market value of ETH is currently only one-fifth of that of BTC, the threshold for attracting institutional and corporate funds is relatively lower, making the price action more sensitive. Although Ethereum has been dominating most of the headlines in recent weeks, Bitcoin has shown quiet resilience. Although the inflow of funds into the Bitcoin spot ETF has slowed down, the price trend remains stable. Bitcoin's dominance rate still remains around 60%, with almost no fluctuation in the past week, reflecting the market's long-term confidence in Bitcoin as a store of value asset rather than a wi

The Ethereum Foundation has transferred 1000 ETH to an internal related address, worth $3.88 million.

On July 28th, as monitored by PeckShield, the Ethereum Foundation made an internal transfer of 1,000 ETH (approximately $3.88 million) to the associated address 0xbC9a...fbC3. The address currently holds 2,700 ETH, with a value of about $10.6 million.

Last week, digital asset investment products recorded a net inflow of $1.9 billion, with Ethereum seeing an inflow of $1.59 billion.

On July 28th, according to the latest weekly report from CoinShares, last week witnessed a $1.9 billion inflow into digital asset investment products, maintaining a positive trend for 15 consecutive weeks. This has led to the total inflows for the month reaching a record-breaking $11.2 billion, far exceeding the $7.6 billion in December 2024 following the US election. Fund flows differed by region. The United States and Germany saw significant inflows of $2 billion and $70 million respectively, while offsetting outflows from Brazil ($23.2 million), Canada ($84.3 million), and Hong Kong ($160 million). Ethereum demonstrated outstanding performance and led exceptionally last week with an inflow of $1.59 billion, marking it as the second-highest single-week inflow on record. Year-to-date, Ethereum has seen total inflows of $7.79 billion, surpassing the inflow total for the entire previous year. In contrast, Bitcoin saw a relatively small outflow of $175 million in total, showing a signi

US Stock Ethereum Reserve Concept Stock Soars Pre-market, SBET up by 7.59%

On July 28th, in pre-market trading: Ethereum reserve concept stocks in the US stock market witnessed a general upward trend, including: · SharpLink Gaming (SBET.US) increased by 7.59%; · BTCS Inc (BTCS.US) rose by 6.30%; · Bitmine Immersion Technologies (BMNR.US) went up by 3.49%; · GameSquare (GAME.US) gained by 7.80%; · Bit Digital (BTBT.US) advanced by 5.40%; · Coinbase (COIN.US) rose by 2.26%.

Coinglass: Ethereum Perpetual Futures Open Interest Hits All-Time High of $60 Billion, Binance and Gate in Top Two

On July 28th, based on the latest data from Coinglass, the recent betting on Ethereum in the market continues to gain momentum. The total open interest of Ethereum futures contracts across all exchanges exceeded $60.57 billion (approximately 15.42 million ETH), reaching a new record high. Among them, Binance's ETH open interest reached approximately 2.81 million ETH, and Gate.io reached approximately 1.98 million ETH.

Ethereum Surpasses $3900 Again

On July 28th, based on HTX market data, Ethereum once more soared and exceeded $3,900. It is now trading at $3,929.52, with a 24-hour increase of 2.89%.

Upbit 24-hour Trading Volume Ranking: XRP, Ethereum, GLM Take Top Three Spots

On July 28th, according to CoinGecko data, within the past 24 hours, the trading volume on Upbit reached 3.147 billion USD. The XRP/KRW trading pair took the lead in the Korean market with a 14.05% share and achieved a 24-hour trading volume of 440 million USD. Ethereum (8.24%, with a volume of 258 million USD) and GLM (5.02%, with a volume of 157 million USD) ranked 2nd and 3rd respectively.

AguilaTrades' 25x Ethereum Long Position is Now Over $4.77 Million in Profit

On July 28th, as per on-chain analyst Ai Auntie (@ai_9684xtpa), AguilaTrades' long position in ETH with a multiple of 25 is currently in an unrealized profit exceeding $4.77 million. It holds 25,000 ETH ($97.23 million), with an entry price of $3,701.04 and a liquidation price of $3,705.10. It is worth noting that this profit still fails to make up for the losses of more than $22.3 million in the previous two weeks.

Ethereum Breaks $3900

On July 28th, according to HTX market data, Ethereum has exceeded $3,900 and is currently trading at $3,902.57, with a 24-hour price change of 2.22%.

If Ethereum Breaks $4,000, Mainstream CEX Cumulative Short Liquidation Pressure Will Reach $979 Million

On July 28th, according to Coinglass data, if Ethereum manages to break through $4000, the cumulative short liquidation intensity on mainstream CEXs will reach $979 million. Conversely, if Ethereum drops below $3800, the cumulative long liquidation intensity on mainstream CEXs will reach $917 million. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price will have a more intense reaction due to a liquidity cascade when it reaches that particular point.