A certain high-frequency trading ETH whale monitored by on-chain analyst Yu Jin bought 5,153 ETH with 12.23 million USDT 20 minutes ago.

According to Etherscan, due to the influence of contracts such as Ethervista, Ethereum Gas has temporarily risen to 33gwei, with the top three being EthervistaRouter, UniswapRouter, and BananaGun.

加密货币行业中的一些 builder 努力地重复造轮。如今，一些突破性的消费级产品，若是能基于区块链打造并利用好加密货币的激励机制，其规模可能是现在的 10 倍。与其试图重新创建一种模式，不如利用现有的模式进行加密化改造。我认为，许多尚未面世的消费级加密货币应用在 Web2 中都有对应的产品，它们正等待着通过加密货币释放巨大的增长潜力。

The market shows BTC has fallen below $60,500, currently trading at $60,499.2, with a 24-hour growth rate narrowing to 3.66%. The market is volatile, please be prepared for risk control.

 CryptoQuant data shows that CEX has experienced a large outflow of Bitcoin this year. From January 1 to August 24, 330,560 BTC (worth $20.8 billion) were withdrawn from these trading platforms. Seven months ago, CEX held a total of 3,009,239 BTC, but it has now dropped to 2,678,679 BTC. If this trend continues, the increasing scarcity of BTC could affect future market stability.

DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.

According to Cointelegraph, DefiLlama data shows that the market value of stablecoins has grown for 11 consecutive months, reaching a historical high of $168 billion (currently about $168.1 billion), surpassing the previous peak in March 2022 ($167 billion). This data does not include algorithmic stablecoins, whose value is maintained through algorithmic mechanisms rather than being linked to external assets such as fiat currency or gold.Crypto analyst Patrick Scott believes this is a sign of "new money flowing into the cryptocurrency space." In his X post on August 26th, he wrote, "Stablecoins have reached a new all-time high. The total market value of stablecoins, excluding algorithmic stablecoins, has now reached a historical high, surpassing the previous high in early 2022." When asked by another user if institutional investment was driving this increase, although he did not speculate on the reason for the increase, he did point out that "retail trading has been ongoing for at least eight months."According to CCData's report in July, stablecoin trading volume decreased by 8.35% last month due to reduced trading activity on centralized exchanges. The report noted that concerns about the future of USDT in Europe due to MiCA regulations were one of the reasons for the decrease in stablecoin trading activity on centralized exchanges in July. According to CoinMarketCap's data, this trend has continued into August, with current market trading volume slightly above $46 billion.

On August 26th, according to Bloomberg, the digital asset market value of the blockchain project related to Telegram Messenger LLP has shrunk by about $2.7 billion, reflecting the uncertainty caused by the detention of Pavel Durov, co-founder of Telegram. According to reports, Pavel Durov was detained at Paris airport on Saturday on suspicion of failing to take measures to prevent Telegram from being used by criminals. Subsequently, the token Toncoin (TON) of The Open Network fell more than 20%.

According to data from Token Unlocks, next week SUI, OP, ZETA, DYDX and other tokens are expected to undergo large unlocks, including:

Ouyi OKX market shows that BTC has just broken through $61,000, currently reporting at $61,092.00 per coin, up 2.64% within the day.