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VIPBitget VIP Weekly Research InsightsIt's been nearly two months since the trend of celebrities and politicians launching memecoins began. During this period, liquidity in the Solana ecosystem almost dried up. Pump.fun, which once saw over 2000 successful launches landing on DEXs daily, hit a low of just slightly over 50 new projects per day, marking a drop of nearly 97%. During the two months, Pump.fun also rolled out its own DEX, Pump Swap, while major centralized exchanges (CEXs) accelerated their transition and put toward products combining spot and on-chain transactions. These offerings help bridge the liquidity gap between CEXs and on-chain trading, in order to capture opportunities in early-stage tokens' hype and drive a faster recovery in Solana's on-chain liquidity.
- 14:33This month, the value of pump.fun’s repurchased tokens has been severely halved, with $19.5 million worth of PUMP now valued at only $8.2 millionBlockBeats News, July 26 — According to monitoring by OnchainLens, 8 to 10 days ago, pump.fun spent 120,450 SOL (worth $19.5 million at the time) to purchase 3.07 billion PUMP tokens, but the total value of these tokens is now only $8.2 million. Related wallet addresses:3vkpy5YHqnqJTnA5doWTpcgKyZiYsaXYzYM9wm8s3WTiG8CcfRffqZWHSAQJXLDfwbAkGE95SddUqVXnTrL4kqjm
- 14:33This week, US spot Ethereum ETFs saw a net inflow of $1.8465 billion, while Bitcoin ETFs recorded only $72.3 million in inflows during the same periodBlockBeats News, July 26 — According to monitoring by Farside, this week the net inflow into US spot Ethereum ETFs reached $1.8465 billion, while the net inflow into spot Bitcoin ETFs during the same period was only $72.3 million.
- 14:33"LUNA/UST Crash Short Whale" Increases Holdings by 80.2623 WBTC at an Average Price of $118,174BlockBeats News, July 26 — According to on-chain analyst AI Auntie (@ai_9684xtpa), the “whale who shorted BTC and made $5.16 million during the LUNA/UST crash” has re-entered the market, this time targeting WBTC.In the past half hour, this individual spent $9.485 million to purchase 80.2623 WBTC at an average price of $118,174. “With the bearish impact of the ancient whale’s sell-off now realized, it seems this smart money is optimistic about the market’s future performance.”