Crypto Analyst Predicts Big Breakout for Ethereum-Based Altcoin Chainlink
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: It Is Crucial to Maintain the Robustness of the Base Layer While Carefully Extending Certain Aspects of Its Functionality
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.
Ethereum has about $77.06 million in on-chain loan and liquidation quota around $1,732
According to DefiLlama data, there is approximately $77.06 million in on-chain loan liquidation limit for Ethereum at around $1732.
Ethereum briefly exceeded $1,800, with a 24-hour increase of 6.79%
According to OKX market data, Ethereum briefly broke through $1800, currently priced at $1773, with a 24-hour increase of 6.79%.
ETH breaks through 1700 USDT, with an increase of 2.65% in 24H
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%.
Lido: Simple DVT module has been deployed to the Holesky test network
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.
70,000 ETH transferred from Binance to unknown wallet
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.
A whale who was long on the ETH/BTC exchange rate withdrew 200 ETH of collateral from Aave.
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.
PeckShield: JULIA on Ethereum Fell 100%, Losing 43 ETH
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.
The Entire Network Liquidated $29.2659 Million in the Past Hour, and Short Orders Accounted for 94.5% of Liquidated Positions
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%.
A Whale Address Added 3,574 ETH 20 Minutes Ago, and Has Purchased a Total of 14,647 ETH in the Past Three Days
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.
The Entire Network Liquidated $12.09 Million in the Past Hour, and Short Orders Accounted for 85.5% of Liquidated Positions
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: One of the most important things that needs to be addressed in cryptocurrencies is the way to connect Bitcoin and Ethereum on a fundamental level
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.
The Ethereum network has currently destroyed 3,644,418.05 ETH
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.
Total locked-up volume on Ethereum Layer 2 rises to $10.81 billion
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%.
friend.tech protocol revenue exceeds 13,000 ETH
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.
Ethereum core developers submit a new EIP request to introduce a new version of the Ethereum point-to-point network handshake protocol
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.
0xSifu holds an ETH short position of approximately US$10 million in the Synthetix perpetual contract and has achieved a profit of approximately US$820,000.
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.
A certain whale added another 11,073 ETH 20 minutes ago
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.
The number of buyer addresses in the Ethereum NFT market in the past 24 hours was 4,476
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.