1.Bullish (BLSH) Soars 83.78% on First Day of Trading, Reaching a Trading Volume of $51.76 Billion
2.Ethereum Ecosystem Leads the Way for Altcoins, with ARB Surging Over 18%
3.$402 Million Liquidated Across the Board in the Past 24 Hours, Mainly Targeting Short Positions
4.Bitcoin Briefly Surpasses $124,000 This Morning, Setting a New All-Time High
5.GMX Completes V1 Vulnerability Compensation Plan, Involving $44 Million
1. "Remembering the Platform Coin Battle 4 Years Ago, Is There Still 10x Potential?"
Yesterday, OKX dropped a bombshell in the market—a one-time massive burn of 65.25 million OKB tokens, valuing in the hundreds of millions of dollars at current prices. After the announcement, the price of OKB surged rapidly, with a gain of over 100% in a short period, instantly becoming the center of attention in a relatively subdued market environment. Such volatility has left many investors with a sense of déjà vu.
2. "A Rejuvenation: Summer Counterattack of DeFi Veteran Projects"
The DeFi market is witnessing a long-awaited resurgence of "veterans." As of now, the total value locked (TVL) in the DeFi market has climbed to $197 billion, just a step away from the historical peak of $206 billion. More importantly, the leader of this rebound is not a newly emerged project but a group of "veterans" that once shone brightly during DeFi Summer.
Daily Market Overall Funding Heatmap (Reflected by Funding Rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
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