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

11 hours ago

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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「Big Brother Bull Run」 Eddie Huang's multi-long positions have reduced the total floating loss to $4.22 million.

On July 27th, based on on-chain data, "Brother Ma Ji" Huang Licheng currently holds a long position worth 141.43 million US dollars on Hyperliquid, which includes ETH, HYPE, and PUMP. Currently, the long positions in ETH and HYPE are in a floating profit state, while the PUMP position is still in a loss. The total floating loss has now been narrowed down to 4.22 million US dollars (excluding the already lost funding rate), as it was previously once floating at a loss of more than 8 million US dollars.

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PUMP has surged by nearly 20% in the last 1 hour, bringing its market capitalization to $10.48 billion.

On July 27th, perhaps due to the news that "pump.fun might launch a trading volume incentive plan with the incentive token being PUMP", PUMP has seen a nearly 20% surge in the past 1 hour, and its market capitalization has reached $10.48 billion.

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Analysis: pump.fun may be launching a trading volume incentive program, with the incentive token being PUMP.

On July 27th, according to the cryptocurrency research firm Dumpster DAO, it is possible that "pump.fun is preparing to launch a trading volume incentive plan that will last for at least 30 days, and the reward token is PUMP. The official Pump SDK has recently been updated to support this incentive mechanism, with an added admin function that can set incentive parameters such as the daily distribution amount of PUMP tokens. In addition, methods for tracking user trading volume and claiming PUMP rewards have been included. The current incentive scheme is based on a 30-day period, but if the team desires, this mechanism can be reused or extended. The IDL (Interface Description Language) of the Pump bonding curve program was also updated a few hours ago, indicating that transaction volume based on the bonding curve may also be included in the incentive rewards. The total amount of reward tokens for this incentive plan is currently unknown. In an updated SDK test version, it is set to di

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ZORA Surges Over 43% in 24 Hours, Hits New All-Time High

On July 26th, based on HTX market data, ZORA has seen a surge of 43.11% within the past 24 hours. It is currently trading at $0.06125 and has once reached a peak above $0.06455, setting a new all-time high. The current market capitalization is reported to be $216 million.

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TRUMP's TOP 2 Holdings Address has once again acquired an additional 307,000 tokens today, worth $3.1 million.

July 26th. According to on-chain analyst AI Auntie ai_9684xtpa, the TOP2 address of TRUMP individual/institutional holdings is still in a continuous process of accumulation: Addresses 69P4R...BhYLQ and 2p63s...ePVxu jointly hold 2,424,094 TRUMP, with a value of 24.67 million US dollars. Their average cost is approximately 10.19 US dollars, and the current price is basically at their cost. Moreover, the address was still accumulating 7 hours ago, withdrawing 307,000 tokens (3.1 million US dollars) from OKX. "Currently, there is only a 245,000 token difference from TOP1."

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Pudgy Penguins Clarification: Did Not Acquire OpenSea

On July 26th, Beau, the security lead of Pudgy Penguins, posted a clarification stating, "Pudgy Penguins did not acquire Opensea... Please stay calm. The scale of the Penguin Plan that we have in mind is far greater than your speculation about an acquisition. Instead of speculating about these, why not discuss our partnerships with Lufthansa and NASCAR and help us find the next outstanding brand to expand together." Earlier today, BlockBeats reported that Luca Netz, the CEO of Pudgy Penguins, revealed that they had acquired a company in December of last year, and the community generally speculated that it was OpenSea.

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