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8 new addresses have amassed a total of 583,000 ETH since July 9.

12 hours ago

On July 26th, based on the monitoring of LookOnChain, 8 new addresses have witnessed an increase in their holdings by 42,788 ETH ($159 million) on this day. From July 9th onwards, these 8 new addresses have accumulated a total of 583,248 ETH (approximately $2.17 billion).
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James Wynn's 10x long position on PEPE is currently showing an unrealized gain of $180,000, with the account balance standing at only $450,000.

On July 26th, as per on-chain data, James Wynn's 10x PEPE long position is currently showing an unrealized profit of $180,000, while the account balance remains at just $450,000. The position size is $4,715,995.96, with an entry price of $0.01219 and a liquidation price of $0.012054. Previously, James Wynn's long positions on Bitcoin and PEPE had been consecutively liquidated five times.

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Minsheng Securities: Building a Stablecoin and RWA Ecosystem, Asset On-chain to Kick Off the Web3.0 Era

July 26th: China Minsheng Securities issued a research report indicating that the powerful alliance between the government and enterprises has constructed an ecological closed loop of a stablecoin anchored by high-quality Chinese assets—RWA. It is expected that the on-chainization of relevant assets will enter the era of Web3.0, starting from Ant Group, Longi Green Energy Technology, and XinAo Group's new energy RWA assets, and expanding to potential directions such as computing power leasing, facilitating Chinese high-quality assets to become the core cornerstone of on-chain diversified assets. At the same time, referring to the development process of overseas stock token issuers like Robinhood, domestic internet brokers, fintech companies, and stock or cryptocurrency exchanges in China are anticipated to achieve value reassessment in this wave, with the "license effect" serving as the core competitiveness of domestic related vendors. The main points of Minsheng Securities are as fol

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The current mainstream CEX and DEX funding rate display shows that the market is still in a neutral state

On July 26th, according to Coinglass data, the current funding rates of mainstream CEXs and DEXs show that the market remains in a neutral state. The specific funding rates for mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a mechanism for the exchange of funds between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

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NFT project Rektguy's floor price surged over 47% in the past 24 hours, reaching 1.062 ETH.

On July 26th, the floor price of the NFT project Rektguy has seen a 47.59% surge in the past 24 hours and reached 1.062 ETH. It has witnessed a 108.24% increase in 7 days.

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A whale doubled down on a long position on XRP, SOL, and BONK, with a principal exceeding 10 million US dollars

On July 26th, based on the monitoring of Onchain Lens, a whale deposited 11.37 million USDC into HyperLiquid and established a 2x leveraged long position for XRP and SOL. Additionally, they also initiated a small 2x leveraged long position for BONK.

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Next Week Macro Outlook: Fed Rate Decision, Non-Farm Payrolls, PCE Data Release, and US-China Trade Talks

On July 26th, the significant macroeconomic data to be disclosed next week is as follows: Wednesday 20:15, the US July ADP Employment Change (k), with an expected value of 7.5 and a previous value of -3.5; Wednesday 00:00, a member of the Politburo of the Communist Party of China and the vice premier of the State Council, He Lifeng, will travel to Sweden from July 27th to 30th to conduct economic and trade negotiations with the US side; Thursday 02:00, the FOMC announcement of the Federal Funds Rate; Thursday 02:30, Fed Chair Powell holds a Monetary Policy Press Conference; Thursday 20:30, the US Initial Jobless Claims for the week ending on July 26th (k), with a previous value of 21.7; Thursday 20:30, the US June Core PCE Price Index y/y, with an expected value of 2.70% and a previous value of 2.70%; Friday, Hong Kong's "Stablecoin Regulation" comes into effect; Friday 20:30, the US July Nonfarm Payrolls (k), with an expected value of 10.2 and a previous value of 14.7; Friday 22:00, t

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