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.
15,000 ETH transferred from unknown wallet to Gate
According to Whale Alert monitoring data, at 19:56 today Beijing time, 15,000 ETH (worth about $24,135,049) was transferred from an unknown wallet to Gate.
An Ethereum ICO Participating Address That Has Been Dormant for 8 Years Transferred a Total of 2,000 ETH to 4 Addresses
October 21st, on-chain data showed that a certain Ethereum ICO participation address starting with 0x6403, which had been dormant for over 8 years (3004 days and 14 hours), transferred about 500 ETH to 4 different addresses 30 minutes ago, and transferred out all of the 2000 ETH obtained from its ICO.
Since the Merger of Ethereum, the Circulation Has Rebounded to Over 40,000 When It Was at Its Lowest
On October 21st, according to ultrasound.money data, the circulating supply of Ethereum has increased by over 40,000 since the merge. Previously, the circulating supply of Ethereum had decreased by over 300,000 before the merge due to reduced network activity, lower gas fees, and an increase in issuance compared to destruction. Currently, the amount of circulating supply reduction compared to before the merge has decreased to around 257,000.
An Address Transferred 4,274 ETH to Binance, Resulting in a Loss of US$5.24 Million
According to Lookonchain monitoring, a certain address transferred 4274 ETH to Binance, resulting in a total loss of 5.24 million US dollars. In 2022, the address purchased 4892 ETH at an average price of 2830 USDT. During the stETH/ETH decoupling period, the address exchanged 3705 stETH for 3536 ETH, resulting in a loss of 169 ETH.
The Unit Price of Eths Rose Above 1 USDT and Is Now at 1.03 USDT
According to Ethscription trading market etch data, the price of eths has risen above 1 USDT, currently reported at 1.03 USDT, with a floor price of 0.648 ETH per unit.
Ethereum (ETH) Crosses 100 Million Addresses with Balance, a Milestone Moment for Crypto Adoption: IntoTheBlock
According to IntoTheBlock, Ethereum has reached a significant milestone in crypto adoption by officially surpassing 100 million addresses with a balance. This excludes "dust" addresses with balance values less than 0.00001 ETH. Ethereum is currently trading at $1,569 and has an average daily transaction count of 961,000, down 36% from its peak level. Bitcoin, on the other hand, has an average holding time of 4.2 years, which is twice the length of Ethereum, and is currently worth $28,680 with an average daily transaction count of 273,000.
New Ethereum Proposal EIP-7540 Will Improve RWA’s Tokenized Vault Standard
The new Ethereum Improvement Proposal (EIP) EIP-7540 aims to introduce asynchronous deposit and redemption processes as an extension of the existing ERC-4626 tokenized vault standard. ERC-4626 itself is a standard designed to introduce profitable vault parameters. These vaults are smart contract platforms that execute strategies and provide rewards to token depositors.
Centrifuge contributor Asad Khan stated that EIP-7540 will ensure that asynchronous deposit and redemption processes are possible, and that this EIP has the potential to benefit protocols that handle real-world assets (RWA), cross-chain lending, and liquid staking.
EIP-7540 is still in its early stages and must first be discussed on the Ethereum forum before moving on to the next stage.
A certain whale hoarded 35,176 ETH at an average price of US$415 per coin, making a profit of approximately US$41.8 million.
Data monitored by Lookonchain shows that in the past 7 hours, a certain whale address has transferred 35,176 ETH (equivalent to 56.5 million US dollars) to Kraken, and withdrew 10 million USDT 40 minutes ago, indicating that they may be selling ETH. The address has accumulated 35,176 ETH from Kraken at an average price as low as $415, with a profit of about 41.8 million US dollars.
Ethereum Underperforms as US Treasury Yields Rise, Staking Rewards Drop
The recent surge in the US 10-year Treasury Yield has impacted Ethereum more than Bitcoin, as the staking payout on pledged tokens has dropped to an annualized 3.5%, nearing the lowest level in at least 10 months and significantly below a recent peak of over 8%.
Binance Releases Announcement on Ethereum Network (ERC20) Wallet Maintenance
Binance will perform wallet maintenance on the Ethereum network (ERC20) on October 24, 2023 at 15:00 (GMT+8), which is expected to take 2 hours. Please note that during the wallet maintenance period, digital assets/tokens trading on the Ethereum network (ERC20) will not be affected. Binance will suspend the deposit and withdrawal services for the Ethereum network (ERC20) at 14:55 (GMT+8) on October 24, 2023.
One User Lost $137,000 Worth of ETH and Azuki Due to Phishing
About 2 hours ago, a victim lost $137,000 worth of ETH and Azuki due to cryptocurrency phishing. He signed a malicious phishing signature based on the fuzzy protocol on the Web3 anti-fraud platform Scam Sniffer.
