1.Ethena Custodial Wallet Transfers 246 Million ENA to Coinbase Prime, Worth About 196 Million USD
2.BNB Surges Above $900 to Hit All-Time High
4.WLFI Partners with Solana Ecosystem Partner to Launch Project Wings, USD1 Lands on Solana DEX
1. "Losing Money Meme Coin Players Are Flocking to Prediction Markets"
As the fierce battle unfolds on meme launch platforms like Pumpfun and Bonk, another market, akin to a 23-year-old Memecoin, is gaining popularity throughout the space for Degen participants. The prediction market has already gripped the throat of the Memecoins market.
2. "Over 2 Million ETH Queued for Unstaking—What's Happening?"
The Ethereum Staking Tracking Website Validator Queue data shows that as of September 10 at 4:00 PM Beijing time, the amount of ETH in the Ethereum network queue for unstaking has surged to 2,040,329 coins, nearly doubling the previous unstaking peak of 1,058,531 coins on August 29. The withdrawal time has been significantly delayed to about 35 days and 10 hours. At the same time, the current queued ETH for staking is reported to be 808,206 coins, with an estimated queue time of about 14 days and 1 hour. Such a massive sudden concentration of ETH unstaking is rare. Is there a super whale looking to exit? If true, the dumping of millions of coins will undoubtedly have a whale-sized impact on ETH and the entire cryptocurrency market... However, after comprehensively understanding the related market dynamics, it is evident that this event is not entirely unexpected, and ETH holders need not panic excessively.
Daily Market Overall Fund Heat (as reflected by the funding rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
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