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Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.
1. New projects: DeFi application Atlas, free Mint CAT-20 Beggy, DAO financial application Juice, new DEX standard EtherOs 2. Popular memes: $DOG (Ethereum) $PEPAY (Ethereum) $DoMo (Solana) $BWULL (Solana) 3. DeFi changes: multi-chain DEX Bebop 24-hour trading volume increased by 32%, Hallswap 24-hour trading volume increased by 25% 4. Token unlocking: On September 12, EUL will unlock tokens worth $191.65k, accounting for 0.24% of the total circulation 5. Top news: Grayscale: Sui Trust is open to qualified
Multicoin Capital values DRIFT at $3.58, more than 7 times higher than its current market price.
- 15:57An Ethereum ICO whale liquidated 10,195 ETH in the past hour, achieving a 5000-fold returnAccording to on-chain analyst Ember's monitoring, a whale/institution that participated in Ethereum's ICO in 2015 with 50,000 ETH (ICO price $0.311) transferred the last 10,195 ETH (worth $25.6 million) from their address to a CEX in the past hour. The 50,000 ETH from the ICO cost $15,000, and these ETH have been transferred to a CEX at an average price of $1,555 over the past 8 years, valued at $77.76 million. The overall return is 5,000 times.
- 15:56The BTC Short Position of Whale James Wynn, Worth Over $900 Million, Has a Liquidation Price of $110,790According to Hypurrscan data, the 40x BTC short position of whale James Wynn is now valued at over $900 million ($938.6 million), with a liquidation price of $110,790. BTC is currently reported at $107,261.
- 15:55Analysis: The Current Bitcoin Rally is Led by Institutions, While Retail Investors Remain CautiousCoindesk analyst Aoyon Ashraf stated that Bitcoin reached an all-time high this week, primarily driven by institutions, with retail investors almost "absent" from this rally. A quick search for "Bitcoin" as a keyword on Google Trends reveals that the search frenzy seen during the 2021 bull market is now completely absent. Although there was a brief wave of retail enthusiasm during the U.S. presidential election, when a rapid Meme coin frenzy briefly ignited market sentiment, that wave of enthusiasm has long since faded. Despite Bitcoin breaking through $111,000 this week to reach an all-time high, Meme coin prices quickly fell, and retail enthusiasm cooled accordingly. Even though Bitcoin has reached an all-time high, traders remain cautious, as evidenced by lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which could pave the way for long-term gains.