Ethereum (ETH) — Onchain News & Whale Tracking

Ethereum PoS New Staking Requirement has seen a continuous decline in recent days to 22,000 ETH, while the Exit Queue has risen to 479,300 ETH.

On August 9th, according to the data from the Validator Queue Tracking website validatorqueue, the current exit queue of the Ethereum PoS network is temporarily reported to be 479.3K ETH, with a recent peak of 744K ETH. Based on the current price, the ETH exiting the PoS network is approximately $20.13 billion, and the withdrawal delay is currently reported as 8 days and 8 hours. Meanwhile, the staking demand for new validators has experienced a sharp decline. On July 17th, there were 435K ETH queued to enter the network, but today the admission queue has dropped to 22K ETH, worth about $0.92 billion, with a current queueing time of 9 hours.

A Whale Shorts ENA and Other Ethereum Ecosystem Tokens, Accumulating a Unrealized Loss of $2.84 Million

Wang Feng: Ethereum's Rise Is Not Isolated in the Market, Cryptocurrency Autumn Is Expected to Begin

August 9th: Wang Feng, the founder of Blueport Interactive, mentioned in a post that the market sentiment of Bitcoin and Ethereum should not be regarded in isolation. Currently, Bitcoin is trading sideways around $120,000 with little volatility and no significant sell-off by institutions. This situation offers ample space for Ethereum to maintain its uptrend after breaking through $4,000, and it is forecasted to rise to at least around $5,000. Similarly, Ethereum and the entire crypto market have always been interrelated. The cryptocurrency autumn is expected to commence, with DeFi, RWA, and star meme coins entering a stage of takeoff. On July 16th, Blueport Interactive established the LK Crypto Division to be responsible for the management of the company's mainstream crypto assets and expedite its Web3 and RWA strategies.

Ethereum Co-Founder Jeffrey Wilcke Deposits 9840.36 ETH into Kraken, Worth Approximately $41.33 Million

August 9th. As per on-chain analyst Ai Ma (@ai_9684xtpa), following a period of three months, Ethereum co-founder Jeffrey Wilcke once more deposited 9840.36 ETH into Kraken, approximately amounting to $41.33 million. In May of this year, after depositing 105,737 ETH into Kraken, he distributed it to 8 new addresses. In the past hour, one of those addresses began to transfer ETH back to the exchange platform once again, suggesting a possible intention to sell at a peak. The 105,737 ETH deposited in May was valued at $262 million, and three months later, this portion of tokens has increased to $442 million.

Sharplink: Ethereum Roadmap on Network Upgrade, Focused on Decentralization, Smartness, and Integrity

On August 9th, "ETH Version MicroStrategy" Sharplink Gaming stated in a post that the Ethereum roadmap is by no means solely focused on expanding the financial scale. Instead, it is about rebuilding the network, with decentralization, intelligence, and integrity at its core. AI agents, physical infrastructure, data flows, and reputation layers all require programmable trust, and this is what Ethereum provides.

Institutional Ethereum Holdings Overview: BMNR Holds 833.1K ETH, Ranking First

On August 9th, based on strategicethreserve data, the following treasury companies and institutions with significant changes in Ethereum holdings over the past 30 days are as follows: Bitmine Immersion Tech (BMNR) takes the first place. It is currently holding 833,100 ETH, with a value of approximately $35.1 billion and a 30-day holding increase of 41.068%. SharpLink Gaming (SBET) ranks second. It is currently holding 521,900 ETH, with a value of approximately $22 billion and a 30-day holding increase of 153.83%. The Ether Machine (DYNX) ranks third. It is currently holding 345,400 ETH, with a value of approximately $14.6 billion and a 30-day holding increase of 8.01%. Ethereum Foundation ranks fourth, holding 232,600 ETH, with a value of approximately $9.8 billion and a 30-day holding decrease of 4.47%. Bit Digital (BTBT) ranks seventh, holding 120,300 ETH, with a value of approximately $5.07 billion and a 30-day holding increase of 19.58%. BTCS Inc (BTCS) ranks tenth, holding 7

A whale deposited 5000 ETH into Binance after hibernating for five years, bringing its total Ethereum earnings to $45.38 million.

On September 8th, as per the monitoring of OnchainLens, a whale that had been inactive for five years deposited 5,000 ETH ($21.14 million) into Binance. The total profit it has now made on ETH amounts to $45.38 million. This whale had accumulated 55,001 ETH seven years ago, which was valued at $6.73 million at that time. It still holds 5,001 ETH with a value of $21.07 million.

Shitcoins Surge Across the Board, Ethereum Ecosystem Tokens Lead the Way

On August 9th, according to HTX market data, as Ethereum continues to surge, altcoins are generally on the rise, and Ethereum ecosystem tokens are leading the market. Among them: COW is currently trading at $0.4853, with a 24-hour increase of 30.75%; ENA is currently trading at $0.739, with a 24-hour increase of 20.1%; RESOLV is currently trading at $0.1969, with a 24-hour increase of 16.66%; TURBO is currently trading at $0.0051, with a 24-hour increase of 15.7%; EIGEN is currently trading at $1.44, with a 24-hour increase of 14.29%; SHELL is currently trading at $0.1815, with a 24-hour increase of 14.2%; SSV is currently trading at $10.19, with a 24-hour increase of 12.85%; COMP is currently trading at $53.94, with a 24-hour increase of 11.72%; ETHFI is currently trading at $1.237, with a 24-hour increase of 11.71%.

Overall Ethereum Futures Open Interest Hits New All-Time High, Surging Over 11.12% in the Last 24 Hours

On August 9th, according to Coinglass data, market participants are continuously increasing their wagers on the Ethereum trend. The total open interest of Ethereum futures contracts across all exchanges has once again exceeded $58 billion, reaching a historical high of $58.54 billion. On July 9th, the total open interest of Ethereum futures contracts was $35.58 billion. There has been an increase of over 64.5% in the past 30 days and over 11.12% in the past 24 hours. In addition, the total open interest of Bitcoin futures contracts across all exchanges is currently at $78.93 billion, with a decrease of over 2.04% in the last 24 hours.

BiyaPay Analyst: US Stock Listed Company BitMine Continues to Rise, Tom Lee States Ethereum at a Key Moment, Target Price $15,000

On August 8th, Tom Lee, the newly appointed chairman of the US-listed company BitMine, recently made a statement. He pointed out that Ethereum (ETH) is currently at a crucial juncture similar to that of Bitcoin in 2017. With Wall Street's growing focus on cryptocurrency, Lee believes that Ethereum is emerging as a core platform in the "tokenization" process of the financial market, and he anticipates that this will be one of the largest macro trading events in the next decade. Lee specifically emphasized that Ethereum should not be simply compared to Bitcoin but rather to the traditional financial market. If forced to choose between Bitcoin and Ethereum, he is more inclined towards ETH. On August 2nd, BitMine's chairman Lee pointed out that traditional financial institutions are steadily and quietly increasing their holdings of cryptocurrency, especially Ethereum. This is because of its legal clarity and technical reliability. Moreover, Ethereum has never experienced a crash, which is

Ethereum's 24-hour Gain Widens to Over 8%, Brief Spike Reaches $4,240

On August 9th, based on HTX market data, Ethereum witnessed a short-term surge that reached $4,240. Currently, it is trading at $4,214, and the 24-hour price increase has expanded to 8.06%.

Ethereum Fork Coins Surge Across the Board, ENA, EIGEN, OP Up Over 10%

On August 9th, based on HTX market data, as Ethereum rose to reach $4200, Ethereum-based meme coins generally showed an upward trend in the market, including: SSV increased by 13.24% in the past 24 hours and is currently trading at $10.09. ENA rose by 12.46% in the past 24 hours and is currently trading at $0.6954. EIGEN rose by 11.88% in the past 24 hours and is currently trading at $1.413. PEPE increased by 11.45% in the past 24 hours and is currently trading at $0.00001226. OP rose by 10.4% in the past 24 hours and is currently trading at $0.797. COW rose by 10.14% in the past 24 hours and is currently trading at $0.4082. ETC rose by 10.1% in the past 24 hours and is currently trading at $23.58. COMP rose by 10% in the past 24 hours and is currently trading at $52.28. UNI rose by 9.2% in the past 24 hours and is currently trading at $11.37.

In the past 1 hour, an Ethereum smart contract transaction liquidated $114 million, with the largest short liquidation reaching $112 million.

On August 9th, according to Coinglass data, within the past 1 hour, a total of $138 million was liquidated across the entire network. The amount of long liquidations was $5.03 million and the amount of short liquidations was $133 million. Among them, the amount liquidated in Ethereum contract trades reached $114 million, with $1.73 million in long liquidations and $112 million in short liquidations.

Trader Eugene: Ethereum Successfully Breaks $4,000 Resistance Level, Goes Long

On August 9th, Trader Eugene Ng Ah Sio posted in his personal channel, "There isn't much to express. The $4000 resistance level has been breached, so I yield and have switched to a long position. Now, I am merely awaiting Tom Lee (the newly appointed Chairman of BitMine, a prominent figure in ETH long positions) to lead us to the promised land."

Ethereum Breaks $4,100, 24-hour Gain of 4.86%

On August 9th, according to HTX market data, Ethereum has surpassed $4100 and is currently trading at $4101, with a 24-hour percentage change of 4.86%.

Ethereum Surges Nearly 3% in 3 Minutes, Reaching $4200

On August 9th, according to HTX market data, the price of Ethereum surged to $4200, increasing by 2.92% within 3 minutes. It is currently trading at $4163.

Yesterday, the US Ethereum Spot ETF saw a net inflow of $461 million

On August 9th, as monitored by Farside Investors, the net inflow of US Ethereum spot ETF yesterday was $461 million. This includes: BlackRock ETHA: +$2.547 billion Fidelity FETH: +$1.323 billion Bitwise ETHW: +$7.8 million Samsung QETH: +$1.2 million Grayscale ETHE: +$26.8 million Grayscale Ethereum Trust: +$38.2 million

USDC Treasury Mints Over 64.45M USDC on Ethereum

On August 8th, as monitored by Whale Alert, the USDC Treasury minted an extra 64,457,620 USDC on the Ethereum blockchain, which is approximately equivalent to $64,441,957.

「Crypto Big Brother」 Huang Lizheng Turns Ethereum Longs from Loss to Profit, Currently Holding over $3.6 Million in Unrealized Gains

On August 8th, on-chain data indicates that with the increase of Ethereum, the 25x leveraged long position of "Big Brother Whale" Huang Licai in Ethereum has gone from a loss to a profit. Currently, the unrealized gain is more than $3.6 million. On the other hand, his 5x PUMP long position is still in an unrealized loss of nearly $500,000.

After Ethereum Breaks $4,000, Polymarket Traders Further Bet on Its Price Breaking $4,200 This Month

August 8th: Once Ethereum broke through $4000, the likelihood on Polymarket that ETH would surpass $4200 this month has risen by 17% and now stands at 68%. At the present moment of writing, more than $2.84 million has been wagered on this prediction.

Opinion: After Ethereum Breaks $4,000, the Next Target Price is $6,400

On August 8th, according to the technical analysis of @ali_charts, if Ethereum breaks through $4000, the next target price will be $6400.

In the past 24 hours, Ethereum saw a total of $119 million in liquidations across the network, with the majority being long positions.

On August 8th, based on Coinglass data, within the past 24 hours, the entire Ethereum network witnessed a liquidation amount of $119 million. Among them, the short liquidation amount was $93.0166 million.

Ethereum's Largest Whale BMNR Sees Unrealized Gain of Over 14%, Amounting to $410 Million

August 8th. According to the most recent announcement, by August 3rd at 6:30 PM Eastern Time, the largest holding institution of Ethereum, BitMine (BMNR), holds 833,137 ETH with a price of $3,491.86 per ETH. Based on the current market price of Ethereum at $3,984, the current unrealized gain/loss ratio of BMNR is 14.09%, and the unrealized gain is $410 million.

If Ethereum breaks above $4,100, the mainstream CEX total short liquidation volume will reach $864 million.

On August 8th, according to Coinglass data, if Ethereum manages to break through $4100, the cumulative short liquidation intensity on mainstream CEXs will reach 864 million. Conversely, if Ethereum drops below $3900, the cumulative long liquidation intensity on mainstream CEXs will reach 668 million. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the target price will be influenced when it reaches a certain position. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade.

「ETH Whale with 75% Win Rate in Four Battles」 on the Verge of Liquidation, Ethereum Short Position Faces Over $9 Million in Unrealized Losses

On August 8th, as indicated by on-chain data, the "Four-Battle ETH 75% Win Rate Whale" is on the verge of liquidation (with a liquidation price of $4,016.41). Its 15x short position in Ethereum is facing a floating loss of more than $9 million.

Ethereum Breaks $4000 Barrier Again After 237 Days, Reaches New High for the Year

August 8th. According to HTX market data, Ethereum has once again surpassed the $4000 mark after 237 days since December 14th, 2024, reaching a new high for the year.

Ethereum Records 2.42% Price Increase in the Past Hour, Nearing the $4000 Milestone

On August 8th, based on HTX market data, Ethereum witnessed a nearly 2.42% hourly increase and approached $4,000. It is currently trading at $3,979.15.

Bitcoin ETF Daily Net Inflow: 2,195 BTC, Ethereum ETF Net Inflow: 43,329 ETH

On August 8th, as per the monitoring of LookOnChain, 10 Bitcoin ETFs witnessed a net inflow of 2,195 BTC (approximately $256 million) within a single day. Among them, iShares (BlackRock) received 1,191 BTC (approximately $139 million) and currently holds 739,362 BTC (approximately $86.23 billion). In addition, 9 Ethereum ETFs saw a net inflow of 43,329 ETH (approximately $169 million) in a single day. iShares (BlackRock) received 26,604 ETH (approximately $104 million) and currently holds 2,987,576 ETH (approximately $11.67 billion).

Opinion: Allocating only 2% of a 401(k) to Bitcoin and Ethereum would surpass 1.5 times the total ETF inflows to date

August 8th. Concerning Trump's signing of an executive order enabling 401(k) retirement funds to invest in cryptocurrency, Jake Ostrovskis, an OTC trader at Wintermute, stated that the impact of this action should not be underestimated. "Simply a 2% allocation to Bitcoin and Ethereum is equivalent to 1.5 times the cumulative inflows of ETFs up to now. Meanwhile, a 3% allocation would more than double the overall market's inflow. The crucial point is that these buyers are largely insensitive to prices and focus on meeting their allocation targets rather than engaging in tactical trading." (CoinDesk)

BiyaPay Analyst: Trump Signs Executive Order, $12.5 Trillion Expected to Enter Market, Bitcoin Ethereum See Price Spike

August 8th. On Thursday, Trump signed an executive order mandating the U.S. Department of Labor to reassess the investment eligibility of industries like private equity, real estate, and cryptocurrency, enabling their inclusion in 401(k) retirement plan investments. This action might not only infuse a substantial amount of funds into the market but also trigger a robust rally in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). According to reports, this executive order also instructs the Department of Labor to cooperate with the Department of the Treasury, the U.S. Securities and Exchange Commission (SEC), and other relevant agencies to study how to adjust supporting regulations to permit more types of investments into 401(k) pension plans. It is anticipated that this change will bring approximately $12.5 trillion of pension funds into the market, undoubtedly offering strong backing for cryptocurrencies and related assets. In the past, due to legal uncertainties, the majority

Gold Rush Investment: Holding 527.2048 Ethereum, with an average cost of approximately $3,714.91

Ethereum Foundation to Donate an Additional $500,000 for Roman Storm's Legal Defense

On August 8th, Hsiao-Wei Wang, one of the co-executive directors of the Ethereum Foundation, tweeted that the Ethereum Foundation would donate an additional $500,000 to support the legal defense of Roman Storm, the co-founder of Tornado Cash.

Ethereum Foundation Executive Director: Greater Emphasis Should Be Placed on Any Potential Delay in the Fusaka Upgrade

On August 8th, Tomasz K. Stańczak, the Executive Director of the Ethereum Foundation, tweeted, "The Glamsterdam Upgrade (Q1/Q2 2026) might draw some attention. However, at the same time, we should place more emphasis on any potential delays to the Fusaka Upgrade (Q4 2025). As I have repeatedly stated, if we are unable to achieve a consistent level of coordination to meet milestones on time, then discussing Ethereum's roadmap and vision becomes meaningless. I am aware that some very talented individuals are working hard to address the issues that are causing the proposed changes to the team's dates. I hope to see widespread acknowledgment that the timeline is of great importance. Of great importance."

About $1.75 billion worth of ETH is currently queued to exit the Ethereum PoS network, while approximately $150 million worth of ETH is waiting to join.

On August 8th, based on the data from the Validator Queue tracking website "validatorqueue", it is reported that the current exit queue of the Ethereum PoS network is 445,845 ETH, which is approximately worth $1.75 billion. The recent peak of the exit queue was 744,000 ETH. The waiting time for the exit queue is approximately 7 days and 18 hours. Meanwhile, there are about 39,370 ETH queued to join the network, which is approximately worth $150 million. This is a significant decrease from the recent peak of 435,000 ETH. The anticipated activation delay is around 16 hours and 24 minutes.

If Ethereum Breaks $4000, Mainstream CEX Cumulative Short Liquidation Pressure Will Reach $677 Million

On August 8th, according to Coinglass data, if Ethereum breaks through $4000, the cumulative short liquidation intensity of mainstream CEX will amount to 677 million. Conversely, if Ethereum drops below $3800, the cumulative long liquidation intensity of mainstream CEX will reach 1.247 billion. BlockBeats Notes: The liquidation chart does not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to neighboring liquidation clusters, which is referred to as intensity. Consequently, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a particular level. A higher "liquidation bar" indicates that the price will undergo a more pronounced reaction due to a liquidity cascade when it reaches that specific point.

Yesterday, the US Ethereum Spot ETF saw a net inflow of $2.223 billion, while the Bitcoin Spot ETF saw a net inflow of $2.774 billion.

On August 8th, based on the data from Farside Investors, yesterday the net inflow of funds into the US Ethereum spot ETF was $2.223 billion, and the net inflow into the Bitcoin spot ETF was $2.774 billion.

Ethereum Market Cap Surpasses Vanguard FTSE All-World ETF, Global Asset Market Cap Rises to 27th Place

On August 8th, based on 8marketcap data, the market capitalization of Ethereum (ETH) has achieved $475.7 billion. It has surpassed the Vanguard Total Stock Market ETF and risen to the 27th position in the global asset market value.

Vitalik: Ethereum Treasury Foundation Expands ETH Investment Channels, But Mishandling Could Lead to "Over-Leveraged Gamble"

On August 8th, as per Cointelegraph, Vitalik, the founder of Ethereum, stated that the Ethereum Treasury company has broadened the channels for a more extensive set of investors to gain access to ETH. However, he cautioned that if not managed properly, this trend might develop into an "over-leveraged game."

A certain Ethereum (ETH) swing trading address with a recent 100% win rate has started taking profits through sell orders.

August 8th. According to on-chain analyst Ai Yi (@ai_9684xtpa), an address with a 100% winning rate in ETH swing trading since June 20th has begun to take profits. This address previously bought 5,267.31 ETH in a single transaction on July 28th at an average price of $3,797. Now, it has placed a 5000 WETH limit sell order on Cowswap within the [3855~3925] range and successfully sold 4000 ETH. If all are sold, the profit would be $490,000.

Bitcoin Surges Above $117,000 This Morning, Ethereum Breaks $3,900

On August 8th, according to HTX market data, Bitcoin broke through $117,000 this morning and is currently trading at $117,312, with a 2% increase in the past 24 hours. Ethereum broke through $3,900 and is now priced at $3,901, with a 6% increase in the past 24 hours.

Ethereum Surges to Touch $3800, With a 24-hour Gain of 4.66%

On August 7th, based on HTX market data, Ethereum has witnessed a significant surge and reached $3800, showing a 24-hour percentage change of 4.66%.

Ethereum's intraday gain widens to 4%, now trading at $3,770

On August 7th, based on HTX market data, Ethereum's intraday increase expanded to 4%, and it is currently priced at $3770.

Ethereum Network's daily transaction volume hit a record high of 1.74 million on August 5th, with the July cumulative transaction volume also reaching an all-time high.

On August 7th, based on The Block data, Ethereum's daily transaction volume (with a 7-day moving average) reached a record high of 1.74 million transactions on August 5th. This surpassed the previous record of 1.65 million transactions set on May 12, 2021. July also witnessed the largest monthly transaction volume in the history of the Ethereum network, with a total of 46.67 million transactions. Furthermore, on August 5th, the number of active Ethereum addresses surged to 683,520, approaching the historical high of 743,730 addresses on May 12, 2021. Presto Research analyst Min Jung stated, "Ethereum's daily transaction volume has reached a record high, which reflects the significant increase in DeFi activity, with stablecoins being at the core. The market's growing interest in yield strategies, especially wagers on interest rate cuts, has led to more on-chain transactions, ranging from yield farming to capital deployment."

Analyst: Ethereum On-Chain Activity Not Reflected in ETH Price, Staking ETF Approval Could Further Unlock Upside Potential

On August 7th, Vincent Liu, the Chief Investment Officer of Kronos Research, stated that the United States' clear stance on cryptocurrency regulation and the accumulation of institutional funds have also stimulated interest in Ethereum. Recently, dozens of companies have adopted Ethereum as part of their treasury strategy to achieve balance sheet diversification and attract investors seeking exposure to digital assets. The cumulative value of ETH held by publicly traded companies has exceeded $7.5 billion. The recent surge in on-chain activity on Ethereum has not yet been fully reflected in the ETH price. Vincent Liu further added, "The price of ETH has been relatively cautious. Market confidence is on the rise, but a value reassessment is still in progress." If an Ethereum staking ETF is approved, it could further unlock the potential for price appreciation and on-chain activity, making ETH an interest-bearing asset that institutions can allocate to.

Ethereum Surpasses $3700 Again

On August 7th, based on HTX market data, Ethereum once more surpassed $3700 and is now trading at $3700.23, with a 24-hour percentage change of 0.94%.

In the past month, the total Ethereum staked has decreased by 97,572 ETH, representing a slight decrease of 0.1% in the circulation ratio.

On August 7th, according to the Validator Queue tracking website "validatorqueue", the data indicates that the amount of Ethereum staked in the past month has decreased by 97,572 ETH. It was 35,530,752 ETH on July 9th and has now reached 35,433,180 ETH. Although there was a significant drop on July 25th, it quickly regained its original level. The corresponding percentage of Ethereum staked in relation to the total circulation has decreased from 29.39% to 29.29%, generally remaining stable.

Cboe Applies to Add Staking Feature to VanEck Ethereum ETF, Staking Rewards to Constitute Fund Income

On August 7th, as per official documents, Cboe BZX has submitted an application to the U.S. Securities and Exchange Commission (SEC). The application is to incorporate the Ethereum staking feature into the approved VanEck Ethereum ETF. According to the document, the sponsor of the fund has the option to stake either all or a portion of the Ethereum held by the fund by engaging one or more trusted staking service providers. The staking rewards obtained will be regarded as a part of the fund's income.

Binance's August Reserves: Net Increase of Over 30,000 Ethereum, Net Increase of Approximately 3,087 Bitcoins

On August 7th, Binance announced its August reserve report today. In contrast to the July reserve report, within Binance's August reserve, Ethereum witnessed a net growth of 30,475 coins. Given the current price of $3,662, this amounts to approximately $111.6 million. It is important to note that Binance's June reserve report indicated a substantial decrease in its Ethereum reserves. Moreover, Binance also experienced a net increase of around 3,087 Bitcoin compared to the previous month.

Yesterday, the United States Ethereum Spot ETF saw a net inflow of $35.1 million, while the Bitcoin Spot ETF saw a net inflow of $91.6 million.

On August 7th, as monitored by Farside Investors, the net inflow of the US Ethereum spot ETF yesterday was $35.1 million, and the net inflow of BlackRock ETHA was $33.4 million. In addition, the Bitcoin spot ETF witnessed a net inflow of $91.6 million yesterday, bringing an end to a 4-day consecutive streak of net outflows. BlackRock IBIT saw a net inflow of $41.9 million.

In the past two days, the BlackRock Ethereum ETF has experienced a daily trading volume peak followed by a decrease of over 50%.

On August 7th, according to Trader T data, the daily trading volume of the Bitwise Ethereum Spot ETF (ETHA) yesterday dropped to 600 million U.S. dollars, which is a decrease of more than 50% from the previous week's high of 1.4 billion U.S. dollars. Correspondingly, the net inflow of ETHA in the past two days has also shown a declining trend along with the trading volume.