Metaverse Beauty Week: Connecting Leading Brands to the Web3 Space

Metaverse Beauty Week (MBW) is a leading event dedicated to digital and real-life beauty, taking place from June 12-17 in the Decentraland, Roblox, and Spatial metaverses, as well as in London. The event will feature beauty brands like Neutrogena and Glossybox, as well as virtual icons like Cassandra Bankson. MBW aims to connect leading beauty brands to the Web3 space and promote innovation in the industry. The event will showcase exclusive drops, insights, and other examples of innovation in the digital beauty industry, highlighting the potential for the beauty industry in the Web3 space.

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1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches.