According to popular crypto analyst Altcoin Sherpa, the Ethereum-based altcoin Chainlink (LINK) is poised for a major surge. Altcoin Sherpa believes that LINK is one of the strongest projects in the industry and has broken out of its multi-month accumulation phase. However, Altcoin Sherpa remains skeptical about whether an "altseason" is upon us and is keeping an eye on Ethereum versus Bitcoin (ETH/BTC) and Bitcoin dominance (BTC.D) to gauge investors' risk appetite for altcoins. Altcoin Sherpa predicts that BTC.D will rally slightly further before reversing near the 56% level.

Vitalik Buterin, the founder of Ethereum, discussed the centralization of staking and scalability challenges in Ethereum at ETH HK Hackathon. Vitalik emphasized four scalability challenges of Layer 2, including proof system security and decentralization, sorting decentralization, cross-L2 wallets, and data availability space.

According to DefiLlama data, there is approximately $77.06 million in on-chain loan liquidation limit for Ethereum at around $1732.

According to OKX market data, Ethereum briefly broke through $1800, currently priced at $1773, with a 24-hour increase of 6.79%.

According to OKX market data, ETH has broken through 1700 USDT and is currently priced at 1699 USDT, with a 24-hour increase of 2.65%.

The liquidity collateral agreement Lido stated on X platform that its simple DVT module has been deployed to the Holesky test network and will soon be tested with Obol Labs and Obol Labs. It is reported that the simple DVT module aims to prove that using DVT on the mainnet is possible, while further diversifying the Lido node operator set on Ethereum and laying the foundation for more scalable and permissionless DVT-based modules in the near future.

According to Whale Alert monitoring data, at 21:45:47 Beijing time today, 70,000 ETH ($116,834,982) was transferred from Binance to an unknown wallet.

whale who has been consistently longing ETH/BTC and accumulating ETH has started to sell. Eight hours ago, the whale withdrew 200 ETH from Aave as collateral and provided one-sided liquidity to the USDC/ETH trading pair. Currently, most of the ETH has been sold. Previously, the whale had collateralized 46,000 ETH and 370,000 USDC, borrowed 2,088.69 WBTC, and provided one-sided liquidity to the WBTC/ETH trading pair via Uniswap to buy more ETH. The current ETH/BTC exchange rate is 0.05487, and liquidation will be triggered when the ratio reaches 0.05176.

JULIA (Julia) on Ethereum has fallen 100%, and the scammer address 0x948B...95b9 has exchanged 9,999,999,999,999 JULIA for 43 ETH. Please distinguish between tokens with the same name.

According to Coinglass data, the total liquidation in the past hour was 29.2659 million US dollars, with ETH liquidation of 9.9327 million US dollars and BTC liquidation of 9.2296 million US dollars. Short positions liquidation was 27.6788 million US dollars, accounting for about 94.5%.

October 23rd, according to on-chain data analyst Yu Jin's monitoring, a whale address that focuses on ETH breakthrough market spent 6 million USDC to buy 3574 ETH in 20 minutes. Since October 20th, the address has spent a total of 24 million USDC to buy 14647 ETH, with an average purchase price of $1638.

According to Coinglass data, in the past hour, the total liquidation on the entire network was $12.09 million, with $5.813 million in ETH liquidation and $1.605 million in BTC liquidation. Short liquidation was $10.349 million, accounting for approximately 85.5%.

yuga.eth, a senior software engineer at Coinbase, posted on X platform that he believes one of the most important things that needs to be addressed in cryptocurrency is a fundamental way to connect Bitcoin and Ethereum, beyond custodial BTC like wBTC. The joint BIP/EIP has opened up a way for BTC to be bridged internally/externally in Ethereum.

According to Ultrasound data, as of now, the Ethereum network has burned a total of 3,644,418.05 ETH. Among them, OpenSea has burned 230,050.69 ETH, ETH transfers have burned 305,118.63 ETH, and UniswapV2 has burned 209,155.88 ETH. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this part of the fee will be directly burned.

L2BEAT data shows that the total locked amount on Ethereum Layer2 is $10.81 billion as of now, with a 3.75% increase in the past 7 days. Among them, the highest locked amount is the scaling solution ArbitrumOne, which is about $5.93 billion, accounting for 54.9%, followed by Optimism, with a locked amount of $2.7 billion, accounting for 25%. The third is Base, with a locked amount of $553 million, accounting for 5.12%.

On October 22nd, Dune data shows that the revenue of friend.tech protocol reached 13,402.4 ETH, and the total trading volume reached 294,853.8 ETH; the number of transactions reached 11,482,498.

Smartprogrammer.eth, a core developer of Ethereum, has submitted a new EIP request. The purpose of this EIP is to introduce a new version of the Ethereum peer-to-peer network handshake protocol (eth/69, the current protocol version is eth/68), which allows Ethereum nodes to communicate their available block ranges. This will enable nodes to make more optimized decisions when choosing who to connect to. This can also be seen as a step towards EIP-4444 (historical data expiration). It is understood that this EIP belongs to Networking EIPs, which are specific to optimizing the Ethereum peer-to-peer network.

On October 22nd, according to Arkham monitoring, former CFO of Frog Nation, 0xSifu, holds a short position of 10 million US dollars in ETH perpetual contract on Synthetix and has currently realized a profit of about 822,000 US dollars.

On October 21st, according to on-chain data analyst Yu Jin's monitoring, a certain whale spent 6 million yuan to buy 3,700 ETH yesterday, and in the past 20 minutes, it has continued to buy 7,373 ETH at a higher price, worth about 12 million US dollars. ETH has risen by 4.28% in the past two days and is now priced at $1,627.

According to NFTGo data, the number of buyer addresses in the Ethereum NFT market in the past 24 hours was 4,476, and the number of seller addresses was 4,668. In the past 30 days, the number of profitable addresses was 35,928, and the number of loss-making addresses was 460,815. In addition, the current Ethereum NFT market sentiment index is 23, with a rating of "Cold". Note: The NFT market sentiment index is calculated based on volatility, trading volume, social media, and Google trends.