Ethereum (ETH) — Onchain News & Whale Tracking

Arthur Hayes: Bitcoin Expected to Test $100,000, Ethereum to Test $3,000

On August 2nd, Arthur Hayes gave a response regarding the recent profit-taking activities on social media. He stated, "The U.S. tariff relief program is set to expire in the third quarter... at least, this is how the market perceives it following the release of the non-farm payroll data. Currently, major economies have not been able to generate credit at a sufficient pace to boost nominal GDP. Therefore, Bitcoin will undergo a test at $100,000, and Ethereum will be tested at $3,000. For more details, please attend my keynote speech at WebX Asia in Tokyo on August 25th. I am now going to take some time to relax." It was previously reported by BlockBeats that Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($41,470) earlier today.

Yesterday the US Ethereum spot ETF experienced a net outflow of $1.523 billion

August 2nd: As per Farside Investors, the net outflow of the U.S. Ethereum spot ETF yesterday was $152.3 million, and the breakdown is as follows: Fidelity FETH: -$6.2 million Bitwise ETHW: -$40.3 million 21Shares CETH: -$1.9 million VanEck ETHV: -$5.2 million PIMCO QETH: -$8.4 million Franklin Templeton EZET: -$5.4 million Grayscale ETHE: -$37.2 million Grayscale Mini ETH: -$47.7 million

Ethereum Drops Below $3,450 in Short-Term Correction

On August 2nd, based on HTX market data, Ethereum briefly fell below $3,450, experiencing a 24-hour decrease of 6.53%.

Ethereum Sees Ongoing Negative Premium on Coinbase, First Time Since April

On August 1st, according to the crypto data platform Kiyotaka, there has been a persistent discount of Ethereum on Coinbase. This marks the first time since April of this year. During this period, Ethereum has surged by more than 150%.

Ethereum briefly dropped below $3,600, marking a 4.64% decrease in the last 24 hours.

On August 1st, according to HTX market data, Ethereum briefly fell below $3,600 and is currently trading at $3,611, with a 24-hour decrease of 4.64%.

Ethereum's Largest Whale Address BMNR Shows Unrealized Loss of Approximately $61.25 Million

On August 1st, according to Bitmine Immersion (BMNR), the largest holding institution of Ethereum, its total holdings of ETH amounted to 625,000 coins. The overall average purchase cost per ETH was approximately $3,755. Based on the current ETH price of $3,657, BMNR's unrealized loss rate has reached 2.68%, with an unrealized loss of around $61.25 million.

USDC Treasury Burns 52 Million USDC on the Ethereum Chain

On August 1st, as monitored by Whale Alert, the USDC Treasury has just incinerated 52 million USDC on the Ethereum blockchain.

Analysis: Binance Retail Bitcoin Sell-off Surges, Whale Contrarian Accumulates $900 Million Worth of Ethereum

On August 1st, Cryptoquant analyst Amr Taha issued a market analysis stating that the 7-day moving average of Bitcoin inflows to Binance by Short-Term Holders (STHs) has witnessed a significant spike. It rose from approximately 10,000 BTC to more than 36,000 BTC by the end of July. This sharp increase indicates abnormal activities among retail investors, which may be driven by profit-taking. A surge in exchange inflows usually implies that short-term investors are preparing to sell, especially when the price reaches a new high. This is in line with Bitcoin's recent record-breaking surge, further supporting the assumption that retail investors are reducing their BTC exposure. In sharp contrast to retail selling behavior, on July 31st, a whale wallet transferred over $9 billion worth of ETH from a centralized exchange (CEX) to an off-exchange wallet. Large-scale exchange outflows are usually related to accumulation strategies. When whales move assets to cold storage wallets, it indicate

In July, the U.S. Ethereum Spot ETF saw a precise net inflow of $54.309 billion, setting a new monthly record for inflows

On August 1st, as monitored by Farside Investors, the precise data indicates that the net inflow of the US Ethereum spot ETF in July reached $5.4309 billion, setting a record for the highest monthly inflow. Ethereum's monthly low began at $2485.47 and closed at $3698.39, representing a roughly 48.8% increase. This marks the highest monthly gain since August 2022. During this period, it reached a 2025-year-to-date high of $3941.

The US Ethereum Spot ETF has seen net inflows for 20 consecutive trading days, with yesterday's inflow reaching $17 million.

Update: On August 1st, based on the information from Farside Investors, the net inflow of the US Ethereum spot ETF was $17 million the previous day, indicating that it has seen net inflows for 20 consecutive days.

Ethereum August Historical Returns: rose 3 times and fell 6 times since 2016, with an average return of 5.5%

August 1st. According to Coinglass data, within Ethereum's history, among the 9 "August" price movements since 2016, there were 3 instances of increase and 6 instances of decrease. The most significant monthly increase took place in August 2017, with a gain of 92.86%; the most substantial monthly decrease occurred in August 2018, with a decline of 34.79%. From 2016 up to the present, Ethereum's average rate of return during "August" is 5.5%, and the median rate of return is -4.54%.

Cryptocurrency Market Plunges Across the Board, Bitcoin Dips Below $116,000, Ethereum Below $3,700

On August 1st, according to HTX market data, perhaps due to the decline in US stock futures and the influence of Trump's revision of tariff rates for certain countries, the crypto market witnessed a widespread pullback. The details are as follows: Bitcoin is currently trading at $115,730, with a 24-hour decline of 1.75%. Ethereum is currently trading at $3,691, with a 24-hour decrease of 3.13%. SOL is currently trading at $171.46, with a 24-hour decrease of 3.64%. BIO is currently trading at $0.06, with a 24-hour decrease of 11.26%. REZ is currently trading at $0.01284, with a 24-hour decrease of 10.42%. 1000CAT is currently trading at $0.00965, with a 24-hour decrease of 10.24%. CRV is currently trading at $0.9367, with a 24-hour decrease of 9.6%.

Ethereum Tenth Anniversary Torch Commemorative NFT Minting Consumed a Total of $584,000 USD Worth of ETH Gas

August 1st. As per on-chain analyst Ai Yi (@ai_9684xtpa), 781,147 addresses took part in the Ethereum 10th Anniversary commemorative NFT minting and collectively spent 153.7 ETH on Gas fees, which is approximately $584,000.
Previous reports showed that the Ethereum 10th Anniversary torch commemorative NFT minting has come to an end. The total supply exceeded 780,000 tokens and there were over 660,000 holder addresses.

Ethereum 10th Anniversary Torch Commemorative NFT Minting Concluded, with Total Supply Exceeding 780,000

On July 31st, the Ethereum Tenth Anniversary Torch Commemorative NFT minting has come to an end. A total of more than 780,000 pieces were minted, and there are over 660,000 holder addresses. BlockBeats previously reported that Ethereum launched "The Torch" NFT to pay tribute to those who have shaped its development and values during the first decade of Ethereum and to contribute to the future development of Ethereum. In the 10 days prior to Ethereum's tenth anniversary, this Torch NFT symbolically passed among wallets. On July 30th, the Torch NFT was burned to commemorate the tenth anniversary of Ethereum's founding. On that day, everyone could mint a commemorative NFT.

Circle Mints 1 Billion USDC on the Ethereum Network

On July 31st, as monitored by Whale Alert, Circle has minted 100 million USDC on the Ethereum network.

Shitcoin and Ethereum Futures Trading Volume Reach $223.6 Billion, Hit 5-Month High

On July 31st, according to CryptoQuant data, the trading volume of alternative coins and Ethereum (ETH) futures amounted to $223.6 billion, reaching a new high in 5 months.

Bitmine, Sharplink Gaming, and The Ether Machine collectively hold more ETH than the Ethereum Foundation

On July 31st, based on the data from strategicethreserve, three companies, namely Bitmine, Sharplink Gaming, and The Ether Machine, possess a greater amount of ETH than the Ethereum Foundation. Among them: Bitmine Immersion Tech (BMNR) holds the top position and currently has 625,000 ETH; SharpLink Gaming (SBET) comes in second and currently holds 438,200 ETH; The Ether Machine ranks third, with 334,800 ETH; The Ethereum Foundation is in the fourth place, holding 234,600 ETH.

The total strategic Ethereum reserves held by 64 entities has surpassed $10 billion.

On July 31st, according to data from strategicethreserve, the total strategic Ethereum (ETH) reserve held by 64 entities has exceeded $10 billion and reached $10.57 billion. Among them: Bitmine Immersion Tech (BMNR) is in the first place, currently holding 625,000 ETH, with a value of approximately $24.1 billion; SharpLink Gaming (SBET) is in the second place, currently holding 438,200 ETH, with a value of approximately $16.9 billion; The Ethereum Foundation is in the third place, holding 234,600 ETH, with a value of approximately $9.042 billion.

Yesterday, the US Ethereum Spot ETF saw a net inflow of $5.8 million

On July 31, according to the monitoring of Farside Investors, it was observed that there was a net inflow of $5.8 million in the US Ethereum spot ETF yesterday. This includes: BlackRock ETHA: +$20.3 million Fidelity FETH: -$22.3 million Grayscale ETHE: +$7.8 million

US Stock Ethereum Reserve Concept Stock Continues to Rise in After-Hours Trading, SBET and BMNR Surge Over 4%

On July 31st, based on the market data from rockflow, the US Ethereum reserve concept stocks witnessed a continuous increase in the after-hours trading session. The details are as follows: Sharplink (SBET) increased by 4.29% to $20.4. Bitmine (BMNR) rose by 4% to $35.78. GameSquare (GAME.US) went up by 1.16% to $0.96. Bit Digital (BTBT.US) rose by 1.06% to $2.87.

Bitwise Executive: Treasury Companies Solve Ethereum's Narrative Crisis

On July 31st, as reported by Cointelegraph, Matt Hougan, the Chief Investment Officer of Bitwise, stated that the Ethereum Treasury Company and Staking Company have addressed Ethereum's "narrative problem" by packaging this digital asset in a manner that is more comprehensible to traditional investors, thereby attracting more capital and expediting its adoption. Hougan pointed out in an interview that Ethereum has always had difficulty clearly defining its revenue model for traditional financial investors until its native token Ether (ETH) was packaged within a structure similar to a "stock shell". He explained, "From a valuation perspective, ETH has encountered a problem in recent years. That is, on Wall Street, there is no clear answer as to why it is valuable. Is it a store of value? Is it the scarcity brought about by a burning mechanism? Is it a source of income? Or is it staking rewards? No one can be certain. However, if you take $1 billion worth of ETH and place it into a com

Ethereum Surges Above $3800

On July 30th, according to HTX market data, Ethereum saw a rebound and managed to break through $3800. It witnessed a 0.03% decrease in the past 24 hours.

US Stock Ethereum Reserve Concept Stocks Soar, with BMNR Up by 3.67%

On July 30th, according to Rockflow market data, the US Ethereum reserves concept stocks witnessed a general increase. These include: · SharpLink Gaming (SBET.US) increased by 0.72%; · Bitmine Immersion Technologies (BMNR.US) rose by 3.67%; · GameSquare (GAME.US) went up by 3.58%; · Bit Digital (BTBT.US) gained by 0.99%; · Coinbase (COIN.US) rose by 2.07%.

Ethereum 10th Anniversary Torch NFT Holder Addresses Surpass 280,000

On July 30th, according to on-chain data, the address of the Ethereum Tenth Anniversary Torch Commemorative NFT holder has exceeded 280,000. The minting will end at 24:00 on July 31st (UTC+8). BlockBeats previously reported that Ethereum launched "The Torch" NFT to pay tribute to those who have shaped its development and values in the first decade of Ethereum and will support the future development of Ethereum. In the 10 days leading up to Ethereum's tenth anniversary, this The Torch NFT will symbolically pass between wallets. On July 30th, The Torch NFT will be burned to commemorate Ethereum's tenth anniversary. On that day, everyone can mint a commemorative NFT.

OKX CEO Star has published a blog post paying tribute to the tenth anniversary of Ethereum, stating a firm commitment to co-building the future on the blockchain.

July 30th. In commemoration of Ethereum's tenth anniversary, OKX CEO Star published a blog post titled "Ethereum's Tenth Anniversary: My Personal Tribute," reflecting on the shared journey with Ethereum and looking forward to the future of the blockchain. Star stated that since OKX was established in 2013, they have maintained a close collaboration with the Ethereum ecosystem. In the future, OKX will continue to provide world-class products and services to more than 1 billion users globally, driving the realization of a truly decentralized blockchain vision. In the article, he publicly recounted his first encounter with Vitalik for the first time and admitted that he had underestimated the profound significance of Ethereum's vision. Now, he highly values its ability to reshape the global financial system and trust mechanism. Star pointed out that OKX has long adhered to the open and transparent spirit advocated by Ethereum, from introducing ZK Reserves to supporting EIP-7702 and build

Institutional Ethereum Whale Holdings Change in the Last 30 Days: BMNR Holds 625,000 ETH Ranking First

On July 30th, based on strategicethreserve data, the following treasury companies and institutions witnessed significant changes in their Ethereum holdings over the past 30 days: Bitmine Immersion Tech (BMNR) took the lead, currently holding 625,000 ETH, which is approximately worth $23.8 billion, with a 283.1% increase in holdings during the past 30 days; SharpLink Gaming (SBET) ranked second, currently holding 438,200 ETH, approximately worth $16.7 billion, and experiencing a 132.49% increase in holdings over the past 30 days; The Ethereum Foundation ranked third, holding 238,500 ETH, approximately worth $8.977 billion, with a 6.69% decrease in holdings over the past 30 days; Bit Digital (BTBT) ranked seventh, holding 120,300 ETH, approximately worth $4.585 billion, and showing a 335.53% increase in holdings over the past 30 days; BTCS Inc (BTCS) ranked tenth, holding 70,000 ETH, approximately worth $2.669 billion, with a 379.64% increase in holdings over the past 30 days.

Fundamental is set to carry out a $200 million private placement to kickstart its Ethereum Treasury strategy.

On July 30th, the Nasdaq-listed company Fundamental Global Inc. declared the sale of 40 million common shares at a price of $5 per share, with an expected total amount of proceeds being $200 million. The proceeds will be utilized to initiate the company's Ethereum Treasury strategy. The participants comprise Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic.

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $80 million, while the Ethereum ETF saw a net inflow of $218.6 million

On July 30th, based on Farside's monitoring, the net inflow of the US Bitcoin spot ETF was $80 million yesterday, and the net inflow of the Ethereum ETF was $218.6 million.

Approximately $25.16 billion worth of ETH is currently queued to exit the Ethereum PoS network, while approximately $8.92 billion worth of ETH is waiting to join.

On July 30th, based on the data from the Validator Queue tracking website validatorqueue, the current exit queue on the Ethereum PoS network is temporarily reported to be 659,673 ETH, which is approximately worth $25.16 billion. The recent peak was 744,000 ETH. The exit waiting time is approximately 11 days and 11 hours. Meanwhile, the amount of ETH queuing to join the network is approximately 233,936 ETH, worth about $8.92 billion. The expected activation delay is about 4 days and 1 hour. Previously reported, this situation reflects the existence of two opposing forces in the market. On the one hand, some stakers may have decided to cash out after Ethereum rebounded by more than 160% from its April low, resulting in a surge in the exit queue. On the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also increasing the entry queue. Listed companies such as SharpLink Gaming and BitMine Immersion have increased their ETH holdings and staked the

Opinion: Ethereum Faces Key Resistance at $4500, a Level Last Seen in March 2024 and During the Previous Cycle Peak

On July 30th, based on glassnode data, the +1σ Realized Price Range of ETH (currently at $4500) serves as a crucial upside threshold for the current rebound. This level has acted as resistance in March 2024 and during the 2020-21 cycle. A breakthrough at this level typically indicates a bullish market environment and an increased risk of structural instability. The " +1σ Realized Price Range " combines the Realized Price concept with the standard deviation (σ, sigma) from statistics to assess the average cost basis and price volatility of market participants.

Viewpoint: Referring to factors such as oil, gold, global currency market cap, the future price of Ethereum could reach $706,000

On July 30th, a research report from ethdigitaloil.com indicates that when taking into account factors such as oil, gold, and the global currency market capitalization, etc., the market capitalization of ETH may reach $85 trillion, and the expected future price of a single ETH is projected to reach $706,000. Before this news, Bitmine, an ETH reserve-listed company, officially announced on Platform X that they have invited multiple research institutions to assess the "reset value" of Ethereum (Wall Street valuation), with an estimated value of $60,000.

Upbit Trading Volume Continues to Shrink: XRP, OMNI, and Ethereum in Top Three

On July 30th, based on CoinGecko data, within the past 24 hours, the trading volume on Upbit reached $26.65 billion. The XRP/KRW trading pair took the lead with a 12.09% share. OMNI and Ethereum followed in second and third place respectively.

Ethereum 10th Anniversary Torch NFT Holder Addresses Exceed 145,000

On July 30th, based on on-chain information, the address of the Ethereum Tenth Anniversary Torch Commemorative NFT holder has exceeded 145,000. The minting will come to an end at 24:00 on July 31st (UTC+8). BlockBeats previously reported that Ethereum launched "The Torch" NFT to pay tribute to those who have shaped its development and values in the first decade of Ethereum and will assist in building Ethereum's future. During the 10 days leading up to Ethereum's tenth anniversary, this The Torch NFT will symbolically be passed between wallets. On July 30th, The Torch NFT will be burned to commemorate the founding of Ethereum's tenth anniversary. On that day, everyone will be able to mint a commemorative NFT.

Ethereum's largest holder entity BMNR has a current cost basis of $3,755, only about 1.5% higher than the current market price.

On July 30th, based on the data disclosed by Bitmine Immersion (BMNR), the largest Ethereum hodler. It is stated that the current total holdings of BTC have reached 192 coins, and the total holdings of ETH have reached approximately 625,000 coins. The company has increased its ETH holdings by 58,224 coins, with an overall average purchase cost for ETH being approximately $3,755. According to HTX Market Data, the current price of ETH is $3,810, which indicates that BMNR's average purchase cost is only about 1.46% higher than the current market price.

Tonight Ethereum Co-founder Vitalik will appear on the tenth anniversary commemorative live stream to revisit Ethereum's history

On July 30th, the Ethereum Foundation announced that during a live streaming event this evening at 22:30 Beijing time to celebrate its tenth anniversary, Ethereum's founder, Vitalik Buterin, and ConsenSys founder, Joseph Lubin, will lead the audience through Ethereum's history. The Foundation's Co-Executive Directors, Hsiao-Wei Wang and Tomasz Stańczak, will present the outlook for the next decade.

Ethereum celebrates its tenth anniversary today, having grown from $0.3 to become the world's 28th largest asset.

July 30th. Presently, Ethereum commemorates its 10th anniversary. During the past decade, ETH has ascended from $0.3 to above $4000 and has ranked as the 28th largest asset globally. It has grown to become the second-largest cryptocurrency by market capitalization, trailing only Bitcoin. Ethereum is extensively utilized in DeFi, NFTs, and other domains, earning the appellation of the "world's computer" and subtly transforming our world. In 2014, Ethereum raised approximately 31,000 Bitcoins, which were worth around $18 million at that time through an ICO (Initial Coin Offering). At the time of the ICO, the price of Bitcoin was approximately $600. By 2025, the price of Bitcoin had exceeded $120,000, representing a 200-fold increase. Ethereum is currently priced at $3774, signifying an increase of roughly 12,580 times over the same period.

Ethereum 10th Anniversary Torch Commemorative NFT Free Minting is Now Open

July 30th - The Ethereum Foundation made an announcement stating that the free minting of the Torch Commemorative NFT has now commenced. The minting will come to an end at 24:00 on July 31st (UTC+8). BlockBeats had previously reported that Ethereum launched the "The Torch" NFT as a tribute to those who have shaped its development and values during the first decade of Ethereum and will support the future construction of Ethereum. In the final 10 days approaching Ethereum's tenth anniversary, this Torch NFT will symbolically be passed between wallets. On July 30th, the Torch NFT will be burned to mark the tenth anniversary of Ethereum's founding. On that day, everyone will be able to mint a commemorative NFT.

The SEC is currently reviewing BlackRock's Ethereum Spot ETF application, which includes a staking mechanism.

On July 30th, the U.S. Securities and Exchange Commission (SEC) stated on Tuesday that it is currently in the process of reviewing BlackRock's application to incorporate a staking mechanism into its iShares Ethereum Spot ETF and is soliciting public opinion on the relevant rule change. This change was submitted by Nasdaq. Previously, companies such as 21Shares and Grayscale have also filed similar applications. In addition, the U.S. Securities and Exchange Commission (SEC) has postponed the decision on whether to approve Grayscale's Litecoin ETF proposal until October 10th.

Ethereum Surges Above $3800

On July 30th, based on HTX market data, Ethereum has shown a rebound and exceeded $3800, with a 24-hour percentage change of 0.01%.

The SEC Approves Bitcoin and Ethereum ETF Physical Redemption Mechanism

On July 30th, according to market information, the U.S. Securities and Exchange Commission (SEC) has officially given the green light to the physical redemption mechanism of Bitcoin and Ethereum ETFs.

SEC Confirms Receipt of Application Allowing BlackRock Ethereum Spot ETF to Pledge Assets

On July 30th, the U.S. Securities and Exchange Commission (SEC) has verified the receipt of the application enabling BlackRock's Ethereum spot ETF to participate in staking. Previously, the President of the ETF Store, Nate Geraci, stated at the beginning of the year that staking for an ETH ETF would occur in one way or another. It is anticipated that this process will gain momentum under the leadership of the Trump administration.

eToro to Launch Tokenized Stocks on the Ethereum Blockchain

On July 29th, the online trading platform eToro announced that it will launch a tokenized US stock service on the Ethereum blockchain. This enables users to buy and trade tokenized US stocks on the blockchain as a strategic step towards a tokenized future. During a webinar held on Tuesday, eToro disclosed that it will offer a 24/5 trading service for the initial 100 popular US-listed stocks and ETFs (serving as underlying assets), allowing users to trade outside of traditional market hours. eToro has also formed a partnership with the Chicago Mercantile Exchange Group to launch spot price futures. These futures are currently available in some European markets, with plans to further expand their coverage.

U.S. Stock Ethereum Reserve Concept Stocks Experience Collective Pullback, BMNR and GAME Drop Over 10%

On July 29th, based on the market data from RockFlow, the concept stocks related to Ethereum reserves in the US stock market all saw a pullback. Bitmine Immersion (BMNR) and GameSquare (GAME) decreased by more than 10%, SharpLink Gaming (SBET) and Bit Digital (BTBT) dropped by more than 7%, and BTCS Inc (BTCS) declined by nearly 4%.

Ethereum PoS Network Exit and Entrance Queue Sees Slight Increase, with ~$25.7 Billion ETH Queued for Exit

July 29th. Based on the data from the Validator Queue tracking website ValidatorQueue, the current exit queue of the Ethereum PoS network is temporarily reported to be 676,000 ETH, with a recent peak of 744,000 ETH. On July 16th, this number was only 1,920 ETH, and on July 15th, there was no need to queue for exit. Calculated at the current price, approximately $25.7 billion worth of ETH is exiting the PoS network, and the withdrawal delay has extended to 11 days and 18 hours. At the same time, the staking demand for new validator activations has witnessed a turning point after a recent surge. On July 17th, there were 435,000 ETH queued to enter the network, but today, the admission queue has dropped to 245,000 ETH, worth about $9.3 billion, with a current queue time of 4 days and 6 hours. Andy Cronk, the Co-founder of the staking service provider Figment, previously stated: "People unstake and sell to lock in profits when the price rises, and both retail and institutional participan

The U.S. publicly traded company 180 Life plans to raise approximately $425 million to transform into an Ethereum Treasury Reserve Company.

On July 29th, as per PR Newswire, the publicly traded U.S. company 180 Life Sciences Corp. (Nasdaq: ATNF) declared its transformation into an Ethereum treasury reserve company. The company intends to raise approximately $425 million through private equity financing. After the completion of the transaction, it plans to rebrand as ETHZilla Corporation. The private equity financing investors encompass Harbour Island, Electric Capital, Polychain Capital, GSR, Omicron Technologies, and others.

Bitcoin Falls Below $18,000, Ethereum Drops Below $3,800

On July 29th, according to HTX market data, Bitcoin fell below $118,000, experiencing a 24-hour loss of 0.46%. Ethereum also dropped below $3,800, with a 24-hour loss of 1.1%.

Many Ethereum Ecosystem Projects Jointly Release "Believe in somETHing" Post to Celebrate Ethereum's 10th Anniversary

On July 29th, a number of Ethereum ecosystem projects such as the Ethereum Foundation, Ondo Finance, Metamask, Consensys, Synthetix, and others jointly posted a picture accompanied by the caption "Believe in somETHing" to mark the 10th anniversary of Ethereum's launch. Previously, the Ethereum Foundation announced that the 10th-anniversary celebration livestream would be held on July 30th at 14:30 UTC (22:30 Beijing time). The celebration event will be global, and within 24 hours after the event, free minting of Ethereum Torch commemorative NFTs will be available. Ethereum has introduced "The Torch" NFT to pay tribute to those who have shaped its development and values in its first decade, and it will assist in supporting the future development of Ethereum. In the 10 days leading up to Ethereum's 10th anniversary, this Torch NFT will symbolically be passed between wallets. On July 30th, The Torch NFT will be burned to commemorate Ethereum's founding anniversary. On that day, everyone

BMNR Ethereum Total Supply Reaches Approximately 625,000 Coins, Ranking First in Institutional Holdings

Linea announced multiple plans ahead of the TGE, including the introduction of native ETH rewards, establishing an Ethereum Ecosystem Fund, etc.

On July 29th, Linea announced a series of plans prior to the token TGE. These plans include introducing native staking rewards for bridged Ethereum, launching a protocol-level Ethereum burning mechanism, designing an Ethereum-centric deflationary token, and establishing an Ethereum ecosystem fund. The aim is to transform Linea into an ETH capital hub. The bridged Ethereum native staking feature is expected to be launched in October, and the staking rewards will be reinvested in the Linea ecosystem. The Linea team stated that approximately 20% of all net transaction fees paid in ETH will be burned to reduce the supply of ETH, while the remaining 80% of net transaction fees will be used to burn LINEA tokens to reduce the fixed supply. Additionally, 85% of the token supply will be allocated to the ecosystem, with 10% reserved for early users and 75% gradually distributed through the ecosystem fund. The remaining 15% of LINEA tokens will be locked for five years and owned by the Consensys

Ethereum Hodler Alert: Top US Stock Company BMNR Announces Plan to Buy Back Up to $1 Billion in Stocks

On July 29th, according to market intelligence, Bitmine Immersion (BMNR), which is the top publicly traded crypto reserve company backed by Ethereum whales, declared that it will repurchase up to $1 billion of the company's stock.