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Opinion: stETH Faces Depegging Risk, Potentially Triggering Liquidation Across Lending Protocols

3 hours ago

On August 15th, Ben Lilly, a digital analyst at Jlabs, pointed out that currently stETH is being redeemed from Lido. Meanwhile, another lending protocol, Figment, is seizing the market share of Lido, suggesting that Figment may be the staking partner of the ETF. 32% of stETH (wstETH) is being used as collateral for the lending protocol, and the decoupling may indicate a liquidation event for the lending protocol. It is worth noting that currently, 278,000 wstETH is in a "high-risk" state (where high-risk is defined as a health factor between 1-1.1 times).
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The address bought 1778.7 WETH today, with an average cost of $4646.4

August 15th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), an address spent 8.264 million USDC this morning and purchased 1778.7 WETH at an average price of $4646.4. This address has carried out two swing trades since August, with a total profit of $930,000. Currently, their record shows one win and one loss.

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Yesterday, the United States Ethereum spot ETF saw a net inflow of $639.6 million, while the Bitcoin spot ETF saw a net inflow of $230.8 million.

August 15th. As reported by Farside Investors, yesterday, the net inflow of the US Ethereum spot ETF reached $639.6 million, indicating the 8th consecutive day of net inflows. Specifically, the BlackRock ETHA witnessed a net inflow of $519.7 million. Yesterday, the net inflow of the US Bitcoin spot ETF was $230.8 million, maintaining its streak of 7 consecutive days of net inflows. Among them, BlackRock's IBIT had a net inflow of $523.7 million, while ARK's ARKB experienced a net outflow of $149.9 million, and Fidelity's FBTC had a net outflow of $113.5 million.

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A savvy whale with a 100% win rate in four previous trades has sold off their position and accumulated approximately 2174 ETH today.

On August 15th, according to on-chain analyst Ai Auntie (@ai9684xtpa), the smart money that achieved a 100% success rate in four ETH swing trades purchased 2,174.02 WETH early this morning at a cost of $4,599.77. This amount of ETH was sold with a limit order at $4,655, realizing a profit of $108,000.

3 minutes ago

Binance Alpha PublicAI (PUBLIC) airdrop schedule has been changed to today at 15:30.

August 15th. According to an official announcement, PublicAI (PUBLIC) has postponed the trading on Binance Alpha until today and it will start at 15:30 (UTC+8). The Binance Alpha airdrop will be distributed in two stages: Stage One (the first 18 hours): Users who hold at least 240 Alpha points can make a claim. Stage Two (the next 6 hours): Users holding at least 200 Alpha points can participate in the second-stage airdrop on a first-come, first-served basis. If the event is still in progress, the point threshold will automatically decrease by 15 points per hour.

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Binance Alpha PublicAI (PUBLIC) Token Airdrop Currently Facing Delay

On August 15, according to an official announcement, the airdrop of the Binance Alpha PublicAI (PUBLIC) token is currently experiencing a delay.

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The total supply of OKB has now officially decreased to 21 million tokens after the burn.

On August 15th, based on Etherscan data, the OKEx OKB Buy-Back and Burn Wallet officially transferred 279 million OKB tokens to the Null Address: 0x00…0000 at 14:00 in UTC+8 today, achieving a genuine burn. The total supply of OKB has now officially decreased to 21 million tokens.

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