A whale has deposited 3,000,000 USDC to Hyperliquid, opening a 20x leveraged long position on BTC and ETH.

On September 4th, according to the monitoring of LookOnChain, James Wynn has recently taken on a number of high-leverage long positions on ETH. However, he was liquidated at a loss: On September 2nd, after ETH rose above $4400, James Wynn went all in with a long position. On September 3rd, when ETH dropped below $4280, James Wynn was liquidated; From the night of September 3rd to this morning, James Wynn added to his long position near $4440. Currently, ETH has fallen back to around $4370. One hour ago, James Wynn was partially liquidated again. The remaining position was liquidated at $4339, with a position value of approximately $320,000.

On September 4th, CryptoQuant analyst Axel Adler Jr. made a post stating that any form of recovery might have the potential to drive the Bitcoin price back above $113,000 and move towards the fair range of the 30-day moving average. The recent bullish scenario involves a technical rebound reaching the $113,000 to $115,000 range, and the on-chain flows are also trending towards stability. The current Bitcoin price of $110,700 is slightly higher than the realized price of Short-Term Holders (STH), which is $107,600 (a crucial monthly bull market support level). It remains bullish on a higher time frame but the market is in a recuperative phase and is sensitive to profit-taking.

On September 4th, Binance has accomplished the integration of the Chromia (CHR) mainnet and has made deposits and withdrawals available.

On September 4th, based on Coinglass data, the top net outflows of funds in the cryptocurrency spot market within the past 24 hours are as follows: The net outflow of BTC is $49 million; The net outflow of WLFI is $32.2 million; The net outflow of SOL is $27 million; The net outflow of DOLO is $22 million; The net outflow of DOGE is $21 million. The top net inflows of funds in the cryptocurrency spot market are as follows: The net inflow of XRP is $16.78 million; The net inflow of HOME is $10 million; The net inflow of ETH is $5.95 million; The net inflow of AAVE is $5.38 million; The net inflow of TRX is $4.2 million.

On September 4th, the founder and CEO of Gate, Dr. Han, delivered a keynote speech at the WebX 2025 Summit in Tokyo. He systematically expounded on the key roles of centralized exchanges (CEX) and decentralized exchanges (DEX) in promoting the mass adoption of Web3. Dr. Han pointed out that the long-term trend of user growth, the dual-track evolution of the market structure, and the trade-off between security and compliance jointly shape the new landscape where "CEX serves as the global capital gateway and DEX acts as the on-chain finance and innovation engine." Dr. Han cited data showing that the global crypto user base has approached 700 million, accounting for 10% of the global population. The total crypto market capitalization is $3.02 trillion, officially ranking as the world's fourth-largest asset. He predicted that by 2030, crypto assets are expected to rise to $41.8 trillion, second only to gold. In terms of trading patterns, DEX has captured 23% of the spot trading volume, wh