Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 80,100 ETH in the Last 24 Hours

On September 25th, based on BscScan data, the address that minted an abnormal amount of 4.854 billion GAIN tokens (accounting for 91.61% of the total supply) ceased transferring GAIN to the PancakeSwap V3 pool half an hour ago and started to dump the price. Currently, GAIN is trading at $0.025, which is a 400% recovery from the low of $0.005 but still down 84% from the price prior to the incident.

On September 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), an affiliated address of Galaxy Digital withdrew another 4 million ASTER tokens (valued at approximately $9.2 million) from Gate Exchange 6 hours ago. The total holding of ASTER tokens has now reached 50 million, which is equivalent to 3% of the circulating supply of ASTER and has a value of $114 million.

On September 25th, several executives of cryptocurrency companies are scheduled to attend a roundtable in the coming week to deliberate on the "regulatory coordination efforts" of the two major U.S. financial regulatory agencies. The U.S. Securities and Exchange Commission (SEC) issued a notice on Wednesday indicating that it will jointly host a roundtable with the Commodity Futures Trading Commission (CFTC) on Monday to coordinate financial regulatory policies, encompassing cryptocurrencies. Representatives from cryptocurrency exchanges such as Kraken and Crypto.com, as well as prediction market platforms like Kalshi and Polymarket, will take part in the panel discussions. In the context of this roundtable, members of Congress are currently in the process of considering legislation to establish a U.S. digital asset market structure, which has the potential to clarify the roles of the SEC and CFTC in cryptocurrency regulation. Although the House of Representatives passed a version of t

On September 25th, as monitored by Onchain Lens, a whale address transferred 6 million USDC into Hyperliquid for the purpose of buying HYPE. Currently, this address holds 285,466 HYPE, which is approximately worth $12.99 million. It has an unrealized gain of $7.16 million. Additionally, it still retains 2.06 million USDC for further purchases.

On September 25th, it was reported that Griffin AI (GAIN), a new coin launched on Binance Alpha the previous day, began a one-way downward trend at 7:27 AM Beijing time today. Within less than 1 hour, the price dropped by more than 95% and hit a low of $0.005. The current price is $0.00758, and the market value on BSC is only $2.58 million. According to BscScan data, the originally planned total supply of 1 billion GAIN tokens with a circulating supply of 235 million has now been inflated to 5.29 billion. The largest holder owns 4.854 billion GAIN, accounting for 91.61% of the total supply, and has been continuously transferring tokens to the PancakeSwap V3 pool address (currently paused at the time of writing). At present, no official statement has been issued regarding this situation.

On September 25th, as monitored by Onchain Lens, a whale address once more withdrew 26 million ASTER from Gate. This amount is worth $59 million. Currently, the address holds 50 million ASTER, which is valued at $115 million, and has made a profit of $9.92 million.