US Stock Crypto Concept Stocks Show Mixed Performance in Pre-market Trading, BMNR Up by 2.23%

On July 24th, based on the data from the Validator Queue tracking website validatorqueue, there are currently approximately 644,300 ETH (valued at $23.4 billion at the current prices) in the withdrawal queue. This is the largest withdrawal queue since January 2024, and the withdrawal delays have been extended to 11 days and 4 hours. Despite the trend of unstaking, the market may not necessarily be under significant selling pressure. This is because the demand for staking from newly activated validators remains strong. Currently, there are 332,000 ETH (worth $1.2 billion) waiting to enter the network, and the admission queue has been extended to over 5 days and 18 hours, setting a new record since April 2024. The claim by the U.S. SEC that staking is not an illegal activity has further enhanced institutional interest in Ethereum. Data shows that since late May, the number of active validators has increased by 54,000, reaching a new all-time high of nearly 1.1 million. Andy Cron

On July 24th, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale or institution that staked KAITO two months ago transferred $2.82 million worth of KAITO to Binance 10 hours ago, incurring a loss of $1.17 million. On May 29th, they withdrew 1.79 million KAITO from Binance at an average price of $2.23, which was worth $3.99 million. During this period, the token price dropped by 43%.

On July 24th, as per the monitoring of OnchainLens, James Wynn has consecutively been liquidated for the fifth time. His long positions of 40x Bitcoin and 10x PEPE have resulted in a loss of $385,729, and the current unrealized loss stands at $136,000.

On July 24th, as per on-chain analyst Ai Auntie (@ai_9684xtpa), the address associated with the Trump family in the WLFI crypto project has once again spent 2 million USDC to acquire 560.713 ETH at an average price of $3,566.88. During the past six days, WLFI has amassed a total of 10,574.25 ETH, approximately $37.98 million, with an average price of $3,591.61 per ETH. Currently, it has achieved an unrealized gain of $511,000.

On July 24th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the contract whale "Set 10 Big Targets First" (@jasonleo) established a short position of 5444.155 ETH, approximately $19.82 million, with an entry price of $3528.85 and a collateral of $3.845 million.

On July 24th, Alon, a co-founder of Pump.fun, stated in a live stream, "We are eagerly looking forward to rewarding the community that has been supporting our platform for the past year and a half. Our aim is to make sure that this airdrop event proceeds smoothly and is of great significance. This will give us a wonderful opportunity to strengthen our ecosystem, boost trading volume, and maintain activity over a longer period. This is extremely important for reattracting attention and generating interest. Although the PUMP airdrop will not take place immediately, we will share the schedule and details as soon as possible."