Ethereum (ETH) — Onchain News & Whale Tracking

ETH/BTC exchange rate hits a 3-month high, with Ethereum rebounding in performance relative to Bitcoin.

ETH/BTC trading pair has recently risen to a nearly three-month high, signaling Ethereum’s improving performance relative to Bitcoin. The ETH/BTC exchange rate gauges Ethereum’s strength against Bitcoin, not its U.S. dollar-denominated performance. Data shows ETH/BTC fell by roughly 80% cumulatively between 2021 and 2025, staying in a long-term weak position. As ETH/BTC rebounds recently, the market is starting to focus on whether Ethereum is entering a recovery trend relative to Bitcoin. Analysts point out that the rise in ETH/BTC usually reflects higher investor risk appetite and improved market outlooks for Ethereum’s ecosystem, application demand, and future growth prospects.

Bitcoin and Ethereum ETFs see $329.91M daily outflows, turn positive weekly

July 27 Update: #Bitcoin ETFs: 1D NetFlow: -3,824 $BTC(-$246.68M)?? 7D NetFlow: +253 $BTC(+$16.65M)?? #Ethereum ETFs: 1D NetFlow: -43,284 $ETH(-$83.23M)?? 7D NetFlow: +46,190 $ETH(+$88.82M)??

Ethereum Treasury Stocks Rise Collectively in Pre-Market Trading

According to market data from BIT (Bit.com), Ethereum treasury concept stocks were broadly higher in pre-market US equity trading. As of press time, BitMine Immersion Technologies (BMNR) traded at $16.767, up 6.18%; SharpLink Gaming (SBET) stood at $6.111, gaining 5.18%; and Bit Digital (BTBT) was priced at $1.438, with a 4.99% rise.

Garden HTLC was exploited, resulting in the theft of approximately 450,000 USDT tokens across four blockchains including Ethereum.

According to monitoring by Blockaid, the HTLC of Bitcoin cross-chain interoperability project Garden is under attack, resulting in the theft of approximately 450,000 USDT across Ethereum, Base, Arbitrum and BNB Chain. In response, Garden stated in a tweet that it has detected abnormal activity, temporarily shut down its application and launched a full investigation, with more details to be announced later.

U.S. Ethereum ETFs end five consecutive days of net inflows, but remain in net inflows for the third straight week.

U.S. spot Ethereum ETFs posted a net outflow of $70.7 million yesterday, ending their prior five consecutive trading days of inflows. Between July 17 and 24, Ethereum ETFs saw a cumulative net inflow of $211.25 million. Despite Friday’s negative flow, Ethereum ETFs still notched a weekly net inflow of $103.9 million by week’s end, marking their third straight week of inflows. Since July, Ethereum ETFs have accumulated a net inflow of $337.74 million. Bitcoin ETFs also experienced outflows: U.S. spot Bitcoin ETFs had a net outflow of $240.08 million on Friday, ending a seven-day inflow streak that began on Thursday. Even so, Bitcoin ETFs recorded a weekly net inflow of $103.9 million, with a cumulative net inflow of $233.96 million since July, marking their third consecutive week of inflows. BTC is currently trading around $64,000, while ETH stands at approximately $1,854, below this week’s high of $1,954.

Bitcoin ETFs outflow $225M today but gain $389.93M weekly; Ethereum up $184.78M

July 24 Update: #Bitcoin ETFs: 1D NetFlow: -3,507 $BTC(-$225.56M)?? 7D NetFlow: +6,063 $BTC(+$389.93M)?? #Ethereum ETFs: 1D NetFlow: +12,522 $ETH(+$23.32M)?? 7D NetFlow: +99,239 $ETH(+$184.78M)??

Ethereum breaks through $1,900

According to HTX market data, Ethereum has broken through the $1900 level, with a 0.92% decline in the past 24 hours.

Ethereum fell below $1,900, down 1.3% in 24 hours.

According to HTX market data, Ethereum has fallen below $1900, with a 1.3% drop in the past 24 hours.

VerusCoin Ethereum bridge exploited for $7.55M, 3,916 $ETH sent to Tornado Cash

It appears the @VerusCoin Ethereum bridge was exploited for $7.55M. The exploiter swapped all the stolen funds for 3,916 $ETH($7.52M) and deposited them into #TornadoCash for laundering.

VerusCoin's Ethereum bridge was hacked, with around $7.53 million in assets transferred out.

According to CertiK Alert monitoring, a security vulnerability attack has targeted VerusCoin’s Ethereum bridge, with attackers transferring approximately $7.53 million in assets. CertiK noted that the vulnerability likely stems from the bridge contract’s failure to properly verify whether the input amount from the Verus chain side matches the actual payment amount — a similar issue that occurred in an incident back in May.

Yesterday, Bitcoin spot ETFs recorded a net inflow of $69.1 million, while Ethereum spot ETFs saw a net inflow of $72.7 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs logged a total net inflow of $69.1 million yesterday. BlackRock’s IBIT led with a $38.8 million net inflow, followed by Fidelity’s FBTC at $21.5 million, Bitwise’s BITB at $5.4 million, and MSBT at $3.8 million. Grayscale’s GBTC, however, saw a net outflow of $38.3 million, while all other products had zero net flow. In the same period, U.S. spot Ethereum ETFs posted a total net inflow of $72.7 million: BlackRock’s ETHA took in $53.5 million, Fidelity’s FETH added $19.2 million, and all other products recorded no net flow.

A crypto whale that has remained dormant for two years holds a large Ethereum (ETH) position; after incurring an unrealized loss of $1.8 million over four months of holding, its position is now nearly back to break-even.

According to monitoring by crypto analytics account Ai Yi, wallet address 0x9BF…4564a has reactivated after nearly two years of dormancy and is accumulating large amounts of ETH, with its current position nearly breaking even. On February 8, the address withdrew 4,819 ETH at an average price of ~$1,941.25 per token, totaling approximately $9.35 million. This marks the first on-chain transaction from the address since it went dormant in March 2024. During the holding period, the address once faced an unrealized loss of around $1.8 million. With ETH’s recent price rebound, the loss on the position has narrowed significantly. Half an hour ago, the address transferred 1,200 ETH to crypto exchange Gate.io; if sold at current prices, the transaction would result in a loss of roughly $20,000. The address had previously accumulated ETH at low levels and has held onto the asset despite prolonged unrealized losses.

A crypto whale liquidated their Ethereum holdings after holding the asset for five months, at an average selling price of $1,923.

According to Lookonchain’s monitoring, a crypto whale liquidated its entire Ethereum position after holding the asset for five months. The whale sold 1,862.3 ETH at an average price of $1,923, totaling $3.58 million, incurring a loss of $1.42 million (a 28% decline). It purchased the same amount of ETH in January this year, when Ethereum prices were falling, at an average price of $2,685.

Ethereum Improvement Proposal (EIP) 8222 is set to adopt a STARK-based cryptographic scheme to enhance on-chain privacy for institutional stakers.

EIP-8222, an Ethereum Improvement Proposal, proposes to adopt a STARK-based cryptographic scheme to weaken the traceable correlation between staking deposit addresses, validators, and withdrawal credentials, with the goal of enhancing on-chain privacy for institutional stakers. Digital asset bank Sygnum Bank stated that this move could help attract more institutions to participate in staking, though it may also result in higher execution costs, slower asset operation processes, and additional compliance and audit requirements. The proposal remains in the discussion stage, and no launch timeline has been confirmed.

Yesterday, Bitcoin spot ETFs saw a net inflow of $226.8 million; Ethereum spot ETFs recorded a net inflow of $38 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $226.8 million yesterday. Among them, BlackRock’s IBIT saw a net inflow of $116.5 million, ARKB recorded $72.7 million, Fidelity’s FBTC pulled in $24.1 million, while Grayscale’s GBTC registered a net outflow of $45.4 million. For spot Ethereum ETFs, net inflows reached $38 million yesterday. Specifically, BlackRock’s ETHA brought in $34.3 million, FETH saw a $2.8 million inflow, TETH posted a $900,000 inflow, with all other products reporting zero net inflows.

Yesterday, U.S. spot Ethereum ETFs recorded a net inflow of $36.7 million.

According to Farside's monitoring, U.S. spot Ethereum ETFs saw a net inflow of $36.7 million yesterday. Of the total, ETHA recorded a net inflow of $31.7 million, and FETH posted a net inflow of $5 million.

Tom Lee: AI bottleneck stocks have pulled back, Ethereum, as a key downstream asset for AI, has promising performance.

Tom Lee posted a note after the U.S. stock market opened that amid the pullback in AI bottleneck stocks (represented by semiconductor ETFs), downstream assets including MAGS, IGV, and Ethereum are delivering absolute returns. Citing data, Lee pointed out that Ethereum has outperformed DRAM by 55% over the past month, emphasizing that ETH, as a key downstream asset for AI, can act as a "guardrail" of consumer trust for the AI sector.

Following the opening of US stock markets, Bitcoin and Ethereum accelerated their downward trend; 'Maji' rapidly cut positions to avoid liquidation.

Per HTX market data, Bitcoin and Ethereum accelerated their declines after today’s US stock market opened. As of press time, Bitcoin trades at $62,554.81, down 0.84% over the past hour. Ethereum is holding just above the $1,800 level, currently at $1,810.62. In response, "Maji" has sharply cut its Ethereum long positions in the past hour. HyperInsight monitoring shows its 25x leveraged Ethereum long positions have been reduced to 3,500 coins, valued at $6.338 million, with the long positions’ liquidation price also dropping to $1,795.49—less than 1% away from the current price.

Ethereum researcher releases Privacy Guardians 2.0 proposal, aiming to achieve maximum attainable privacy for on-chain payments.

Ethereum researcher Leo Glisic has released the "Privacy Guardians 2.0" proposal on a research forum. The proposal proposes using the Privacy Guardians alternative to replace enterprise-controlled on-chain payments, aiming to keep on-chain payments as privacy-preserving as possible while remaining operational on the blockchain. The system features an interactive multi-component architecture, including a private payment mechanism, insurance mechanism, honeypot and claim process, exchange rate processing, liquidity pools, and metadata management.

Yesterday, Bitcoin ETFs posted a net inflow of $79.1 million, while Ethereum ETFs recorded a net outflow of $28 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs posted a combined net inflow of $79.1 million yesterday. Of that total, BlackRock’s IBIT attracted $33.4 million, Fidelity’s FBTC $30.7 million, and Bitwise’s BITB $15 million, with no inflows reported for the remaining ETFs. For Ethereum ETFs, the segment saw a total net outflow of $28 million yesterday. Breakdowns: FETH had a net outflow of $11.2 million, ETHE $4.8 million, and ETH-related funds $14.3 million; ETHW logged a net inflow of $2.3 million, while BlackRock’s ETHA saw no inflows.

$1.2 billion worth of Bitcoin (BTC) options are set to expire, while Ethereum (ETH) put positions have remained at high levels for a consecutive month.

Crypto analytics platform Greeks.live reported that on July 17, 19,000 BTC options expired, with a Put-Call Ratio (PCR) of 0.9, a max pain point of $63,000, and a nominal value of around $1.2 billion. Meanwhile, 123,000 ETH options expired, with a PCR of 1.61, a max pain point of $1,800, and a nominal value of roughly $230 million. In terms of market performance, BTC has continued to fluctuate above $60,000 this week, having traded in the $60,000 to $65,000 range for over a month. Sharp swings in U.S. equities (SpaceX and storage sectors) have not yet had a noticeable impact on the crypto market. Looking at options positions, around 5% of options expired this week, leading to a slight drop in overall open interest, mainly due to low market volatility and reduced trading opportunities. BTC’s Gamma Exposure (GEX) is mainly concentrated around $64,000 and $70,000. ETH’s GEX is primarily in the $1,825 to $2,000 range, with a relatively dispersed distribution. Some traders have started positioning for a rebound via slightly out-of-the-money options. The proportion of large bullish trades has continued to rise recently, dominated by short-term bull spread buying strategies. Notably, ETH’s Put-Call Ratio has stayed above 1 for a consecutive month, hitting 1.61 this week. The high proportion of put options outstanding reflects clear market divergence on ETH’s future outlook, with intensified bull-bear rivalry.

'Maji'’s Ethereum long position is on the verge of liquidation, with a $1.008 million account drawdown in the past 24 hours.

According to on-chain analyst Ai Yi (@ai_9684xtpa), ETH long positions held by crypto personality "Big Brother Ma Ji" (Huang Licheng) have faced sustained pressure. He has gradually reduced his holdings from a peak of 16,575 ETH to 9,600 ETH, valued at approximately $17.76 million. The account has recorded a total drawdown of $1.008 million in the past 24 hours, with floating profits nearly wiped out. Currently, the position has only a $16 price gap remaining before hitting the liquidation price, placing it on the brink of extreme danger.

Bitcoin falls below $64,000, Ethereum drops below $1,900

According to HTX market data, Bitcoin has fallen below $64,000, with a 24-hour decline of 0.89%. Ethereum has dropped below $1,900, and its 24-hour gain narrowed to 1.3%.

Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $107.7 million, while U.S. Ethereum spot ETFs saw a net inflow of $53.9 million.

According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net inflow of $107.7 million yesterday. Among them, BlackRock’s IBIT attracted $80.8 million, Fidelity’s FBTC recorded $16.9 million in net inflows, Grayscale’s Bitcoin ETF posted $10 million, while all other ETFs had zero net flows for the day. In the same period, U.S. spot Ethereum ETFs totaled a net inflow of $53.9 million. Breakdown shows BlackRock’s ETHA brought in $45.3 million, ETHB had $4 million, Grayscale’s Ethereum ETF recorded $4.6 million, with all other ETFs registering no net inflows on the day.

Kraken Launches Customized Crypto Vaults, Allowing Users to Earn Yields on Idle Bitcoin, Ethereum (ETH) and Stablecoins

Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn returns on idle Bitcoin, Ethereum, stablecoins and other crypto assets directly within Kraken’s compliant custody framework. Unlike traditional pooled vaults, Upshift will build dedicated, customized vaults for each client, fully tailored to their investment strategies, risk parameters, liquidity needs and asset portfolios. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with clients’ segregated Kraken custody accounts receiving a receipt token.

Jiang Zhuoer: Completed full liquidation of Ethereum spot holdings, projects Ethereum’s rebound will cap at $2,000.

Jiang Zhuoer, founder of BTC.TOP (LeiBit Mining Pool), announced in a post that he sold his remaining 50% of Ether (ETH) spot holdings when the cryptocurrency rebounded to $1,931, completing his full ETH spot liquidation at an average selling price of $1,834.5. ETH has now nearly rallied back to its level at the start of the current downturn on June 2, with most investors holding underwater positions above current levels, and the rebound is projected to cap at $2,000. Earlier reports noted that Jiang had repurchased his entire ETH position at $1,645 during the market crash on June 5, and sold 50% of his ETH spot holdings at $1,629 on June 11.

Ethereum breaks through $1,900, logging a 4.3% gain in 24 hours.

According to HTX market data, Ethereum has surpassed $1,900, with a 4.3% gain over the past 24 hours.

Abraxas Capital is reportedly selling Bitcoin to rebalance its portfolio into Ethereum.

According to Lookonchain’s monitoring, Abraxas Capital is suspected of recently selling Bitcoin to buy Ethereum. Over the past three hours, the firm withdrew 8,153 ETH, worth approximately $15.3 million, from Binance and Bybit, while depositing 618 BTC, valued at around $39.99 million, into Kraken.

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $181.1 million, while U.S. spot Ethereum ETFs recorded a net inflow of $58.3 million.

According to data from Farside Investors, on July 14, U.S. spot Bitcoin ETFs recorded a total net inflow of $181.1 million the previous day. Among them, BlackRock’s IBIT saw a net inflow of $138.9 million, Fidelity’s FBTC $21.1 million, Bitwise’s BITB $3.5 million, ARK’s ARKB $3.6 million, Morgan Stanley’s MSBT $7.4 million, and BTC ETFs $6.6 million; flows for the remaining products were largely flat. U.S. spot Ethereum ETFs posted a total net inflow of $58.3 million, all from BlackRock’s ETHA, with all other ETFs registering zero net inflows that day.

Bitmine's Ethereum staking revenue reached $45.7 million last quarter, accounting for 98% of its total revenue.

Bitmine Immersion Technologies’ latest 10-Q filing shows that for the quarter ended May 31, the company generated approximately $45.7 million in revenue from Ethereum staking and validation services, accounting for around 98% of its total revenue. In the same period, its self-mining revenue from Bitcoin came to about $624,000, while consulting services revenue was roughly $168,000. Bitmine previously disclosed that it has allocated roughly 85% of its ETH holdings to staking, equivalent to around 4.9 million ETH. Tom Lee, chairman of Bitmine, stated that with the full launch of MAVAN—its institutional-grade Ethereum staking platform—the company expects annualized rewards from its Ethereum staking business to reach approximately $284 million. Additionally, he noted that since its launch on July 1, Robinhood Chain has recorded over $1 billion in on-chain transaction volume, adding that this validates Ethereum’s utility as an underlying settlement network.

Ethereum engineering and research firm EthSystems officially established.

According to GlobeNewswire, EthSystems has announced its official launch. The firm was founded by the entire original team of the Ethereum Foundation’s Institutional Privacy Working Group, with backing from entities including Bitmine, Sharplink, and Joe Lubin. EthSystems primarily develops Ethereum-based privacy and compliance technologies for regulated entities such as banks and asset management firms, aiming to enable institutions to conduct on-chain financial activities without disclosing sensitive information like transaction details and client identities. The company stated that it has completed one year of open-source development work ahead of schedule, and has already established cooperative ties with multiple central banks, regulatory authorities, and top-tier financial institutions.

Ethereum briefly rebounded to surpass $1,800.

According to HTX market data, Ethereum has rebounded briefly to break through the $1,800 mark, currently trading at $1,798, with a 1.03% increase in the past 24 hours.

Binance will conduct wallet maintenance for the Ethereum (ETH) network on July 16.

According to an official announcement, Binance will conduct wallet maintenance for the Ethereum network (ETH) at 14:00 UTC+8 on July 16, 2026. To facilitate this maintenance, Binance will suspend ETH network deposit and withdrawal services starting at 13:55 UTC+8 on the same day. The maintenance is expected to take 1 hour, and deposit and withdrawal services will automatically resume after completion.

Yesterday, Bitcoin ETFs recorded a net outflow of $424.7 million, while Ethereum ETFs saw a net outflow of $15.4 million.

According to Farside Investors' monitoring, U.S. spot Bitcoin ETFs saw a net outflow of $424.7 million yesterday. IBIT recorded a net outflow of $185.5 million, while FBTC posted a net outflow of $245.6 million. U.S. spot Ethereum ETFs had a net outflow of $15.4 million, all from FETH.

A certain Ethereum (ETH) whale apparently liquidated its holdings at a loss, incurring an unrealized loss of $23.8 million after holding the asset for four years.

According to Lookonchain’s monitoring, a crypto whale has held Ethereum (ETH) for four years, with an unrealized loss of $23.8 million (a 59% decline). The whale’s address 0xFe99 received 9,389 ETH four years ago when ETH traded at roughly $4,311, worth around $40.47 million at the time, and has not sold any of the holdings since. ETH is now priced at $1,777, bringing the value of those 9,389 ETH to approximately $16.69 million. The whale appears to have finally cut its losses, transferring all 9,389 ETH to Coinbase Prime roughly 10 hours ago.

Ethereum Co-founder: Ethereum Layer 1 should maintain low transaction fees, with tens of thousands of companies likely to deploy it over the next 2 to 3 years.

Ethereum co-founder Joseph Lubin stated that Ethereum Layer 1 (L1) gas fees should remain low to support ecosystem growth. He projected that tens of thousands of companies will deploy on Ethereum L1, Layer 2 (L2), and permissioned Ethereum Virtual Machine (EVM) networks over the next two to three years, with cross-layer interoperability being achieved. Lubin added that mass adoption will boost ETH’s monetary premium and lift L1 total fee revenue; staking and other locking mechanisms will reduce circulating supply, and if ETH returns to a net burn state, its value is poised to rise further.

Tom Lee: Ethereum to Kick Off 'Second Growth Curve' as Wall Street Institutions Expand Ecosystem Footprint

Fundstrat co-founder and Bitmine chairman Tom Lee said in a speech at WebX 2026 that Ethereum is at a critical juncture similar to the second-stage growth phase entered by Amazon, NVIDIA, and JPMorgan Chase. He believes Ethereum will follow a similar trajectory. Since its launch, ETH has gone through the ICO boom and the NFT boom, hitting an all-time high of $4,866. In 2025, driven by the approval of spot ETFs and the rapid popularization of stablecoins, it rebounded to $4,955 at one point. Now, the price has fallen to around $1,732, a phase Lee defines as "market capitulation at the bottom". Future growth of ETH 2.0 will rest on four pillars: a new Ethereum Foundation governance structure, Agentic AI, a settlement layer for the financial system, and ETH becoming a true "currency". Lee noted that Wall Street institutions are expanding their footprint in the Ethereum ecosystem, and these large firms' ongoing construction of Layer 2 networks signals that the entire traditional financial system is gradually migrating to the Ethereum ecosystem. Bitmine initially planned to hold 5% of the total global ETH supply over five years, but has now achieved 95% of that target in just 12 months. Currently, the company holds a total of 5.74 million ETH, accounting for approximately 4.8% of the total ETH supply, of which around 4.87 million ETH (about 85%) is staked.

The volume of ETH bridged from Ethereum Mainnet to Robinhood Chain has surged roughly tenfold in a week, surpassing $100 million.

According to Token Terminal data, over the past week, the volume of ETH bridged from Ethereum mainnet (L1) to Robinhood Chain (L2) has surged roughly 10-fold, surpassing $100 million. Robinhood Chain uses ETH as its native gas token, as noted. Token Terminal stated that if adoption of the chain continues to grow, it could become a new, significant source of demand for ETH.

US Bitcoin and Ethereum spot ETFs both ended their 8-week consecutive outflows, posting a combined net inflow of $281.8 million this week.

U.S. spot Bitcoin and Ethereum ETFs recorded a combined net inflow of $281.8 million this week, ending an 8-week streak of outflows that began in early May. Specifically, U.S. spot Bitcoin ETFs saw a net inflow of roughly $197.4 million last week, putting an end to their own 8-week outflow cycle. Prior to this, Bitcoin ETFs had logged a cumulative outflow of about $8.26 billion over those 8 weeks—the longest consecutive outflow period since they started trading in January 2024. Ethereum spot ETFs, meanwhile, posted a net inflow of approximately $84.4 million last week, also wrapping up 8 straight weeks of outflows. Before that, Ethereum ETFs had seen roughly $1.2 billion in outflows over 8 weeks, matching the all-time longest outflow record set between February and April 2025. The current rebound remains modest relative to the earlier outflows: Bitcoin ETFs have recouped only around 2.4% of the funds lost in the prior 8-week period, while Ethereum ETFs have recovered roughly 7%. As of early 2026, Bitcoin ETFs have a year-to-date net outflow of about $5.34 billion, and Ethereum ETFs have a year-to-date net outflow of approximately $1.35 billion.

Ethereum Foundation leverages AI to mine vulnerabilities: Successfully identifies security flaws, notes that manual review remains irreplaceable.

The Ethereum Foundation has disclosed that its Protocol Security team is using AI agents to conduct vulnerability hunting of Ethereum client software to boost network security. During testing, the AI successfully identified a vulnerability in the Gossipsub message propagation protocol that allows remote attackers to trigger node crashes, leading to validator nodes going offline. The flaw has since been patched and assigned CVE ID CVE-2026-34219. However, the foundation notes that AI’s biggest challenge is not discovering vulnerabilities, but distinguishing actual flaws from false positives. AI can generate vulnerability descriptions, impact analyses, and exploit code, but may also produce seemingly plausible yet non-existent issues—requiring security researchers to conduct thorough verification. The foundation outlined three common types of false positives: crashes occurring only in test environments, exploit paths that cannot be leveraged in real-world scenarios, and invalid proofs in formal verification. Additionally, the Ethereum Foundation believes AI is currently better at analyzing individual code issues, but has limited ability to identify complex attack chains formed by multiple legitimate operations—an attack vector that has been the primary cause of breaches for multiple crypto protocols this year. Going forward, the foundation plans to have AI assist in generating potential attack paths, which will then be verified via manual and automated testing to further improve the efficiency and accuracy of vulnerability discovery.

The Hedera Network is suspected of being hacked, with attackers transferring $3.7 million cross-chain to Ethereum.

According to on-chain detective Specter’s monitoring, Hedera Network is suspected of having suffered a hack. Attackers have bridged over $3.7 million from Hedera Network to Ethereum via LayerZero, and the stolen funds are currently being converted from WBTC to ETH.

A crypto whale shorted Ethereum (ETH) with 25x leverage, holding a position worth $12.43 million.

According to Onchain Lens monitoring, a whale deposited approximately $500,000 into Hyperliquid to open a short position of 6,914 ETH (valued at $12.43 million) with 25x leverage. The entry price was $1,790.36, liquidation price stands at $1,825.58. The position currently has an unrealized loss of around $50,700, with only a 1.55% gap to liquidation.

Yesterday, Bitcoin spot ETFs recorded a net inflow of $90.4 million, while Ethereum spot ETFs saw a net inflow of $18.4 million.

According to data from FarsideUK, Bitcoin spot ETFs posted a total net inflow of $90.4 million on July 10, with BlackRock’s IBIT seeing a net inflow of $86.8 million and VanEck’s HODL bringing in $3.6 million. Ethereum spot ETFs recorded a total net inflow of $18.4 million, of which BlackRock’s ETHA had a net inflow of $16.2 million and Fidelity’s FETH had a net inflow of $2.2 million.

The Ethereum Foundation's Protocol Support Team has been disbanded.

The Ethereum Foundation’s Protocol Support Team (EF Protocol Support) announced on X that the team has been disbanded. The group was primarily responsible for coordinating Ethereum protocol development, including organizing and coordinating core developer meetings, tracking Ethereum network upgrades, supporting EIP advancement, and operating the Ethereum protocol.

Yesterday, the total net inflow into U.S. Ethereum spot ETFs stood at $70.5 million.

According to Farside's monitoring, U.S. Ethereum spot ETFs recorded a total net inflow of $70.5 million yesterday, among which Fidelity's FETH had a net inflow of $69.2 million.

Tether burned 2.5 billion USDT on Ethereum in a single day, marking the largest single-day burn since February.

CryptoQuant cited on-chain data, reporting that on July 7, Tether Treasury burned $2.5 billion worth of USDT on the Ethereum network. This marks the largest single burn on the network since February this year, exceeding the $2 billion burn on May 8, and second only to the all-time high of $3.5 billion recorded on February 10. Meanwhile, the USDT balance flowing into and out of Binance via the Tron network dropped to roughly $806 million, its lowest level since December 29, 2025 (when it hit $391 million), falling below the $1 billion threshold and signaling a significant contraction in USDT liquidity on Binance’s Tron channel. The large-scale burn by Tether Treasury primarily reflects redemption, fund management, or cross-chain rebalancing operations rather than a direct market signal. However, the synchronized contraction of Ethereum’s USDT supply and Binance’s Tron liquidity is worth ongoing monitoring, as market participants will watch whether the liquidity of dual-chain stablecoins continues this concurrent tightening trend.

Ethereum Foundation Developer Relations member Sophia Dew announces her departure.

Ethereum Foundation (EF) Developer Relations member Sophia Dew announced in a post that this week will be her final full week serving the foundation. Dew has been active in the Ethereum ecosystem over the past four years. She stated, "I remain very bullish on Ethereum’s future—it is indeed one of the strongest, most cohesive ecosystems ever."

Ethereum briefly rallied to surpass $1,800.

According to HTX market data, Ethereum briefly rebounded to break through the $1,800 mark, currently trading at $1,799.84, with a 1.45% increase in the past 24 hours.

Opinion: Ethereum is testing a key resistance level, and a breakout could see it rally to $2,245.

According to crypto analyst alicharts, Ethereum is currently testing resistance at the $1796 level of its 0.8 MVRV price band. If Ethereum closes above this level on the daily timeframe and successfully holds it as support, the bullish thesis will be strengthened, potentially paving the way for a move toward Ethereum’s realized price of $2245. Alicharts further notes that breaks above both $1796 and $1816 would trigger a bullish breakout. From a technical perspective, such a move would also boost ETH’s chances of breaking above the channel top at $1844 and advancing toward the $2245 realized price.

Well-known Ethereum bull James Fickel transfers 20,000 ETH.

According to Onchain Lens monitoring, prominent ETH bull James Fickel transferred 20,000 ETH (valued at $36.19 million) from Coinbase Prime to a new wallet two hours ago. Earlier this June, prior reports noted, Fickel — a well-known Ethereum long bull and crypto investor — moved 10,000 ETH from a Coinbase custodial address to a deposit address, worth roughly $18.62 million at current prices, likely for subsequent trading operations.