Strobe Ventures has transferred 7 million ENA to CEX and cashed out 5.087 million USDC, at an average price of about 0.726 USD. This operation indicates its successful sale of the asset.

Important updates on August 10: Vitalik Buterin's on-chain assets exceed $1 billion, Bitdeer's Bitcoin open interest exceeds 1,700 coins, The Federal Reserve Board of Governors supports interest rate cuts, Erik Voorhees sells 6,581 ETH, SharpLink Address withdraws 17,655 ETH.

The Fear and Greed Index today is 68, still indicating Greed.
Note: The panic index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

The Federal Reserve Board of Governors member Bowman supports three rate cuts this year, believing that the temporarily high inflation should be overlooked, as core inflation is heading toward the 2% target. The slowdown in job growth may be due to weak labor demand, and loosening regulations and lowering taxes could mitigate the impact of tariffs.

As of August 9, the total amount of ETH exiting the Ethereum PoS network queue is 479,300, with a withdrawal latency of 8 days. The staking demand for new validators has significantly decreased, with only 22,000 currently in the queue and a waiting time of 9 hours.

On August 9, according to monitoring by Lookonchain, a suspected SharpLink Gaming associated address withdrew 17,655 ETH from the platform in the past 18 hours, worth approximately 72.7 million USD. In addition, the whale address 0x3684 spent 34 million USD to purchase 8,109 ETH at a price of 4,193 USD.

On August 9, according to Lookonchain monitoring, a suspected SharpLink Gaming associated address withdrew 17,655 ETH from the platform again in the past 18 hours, worth about 72.7 million USD. In addition, the whale address 0x3684 spent 34 million USD to purchase 8,109 ETH at a price of 4,193 USD.

On August 9, according to Arkham data, Ethereum founder Vitalik Buterin's on-chain assets have surpassed $1 billion, currently reported at $1.02 billion. His main holdings include 240,000 ETH, 2,906 AETHWETH, 3 billion MOODENG, and other tokens. The total value of his holdings has increased by 5.39% in the past 24 hours, and he has not transferred any ETH in nearly 2 months.

Erik Voorhees sold 6,581 ETH for $4,161, totaling $27.38 million. He obtained 14,945 ETH from ShapeShift 9 years ago, which was worth $115,600 at the time, and is now worth $62.68 million. The last sale was in 2024, and he still holds 556.68 ETH.

On August 9, The Kobeissi Letter reported that today the total U.S. debt officially surpassed $37 trillion for the first time in history. This means that since Trump signed the "Beautiful Big Bill" and raised the debt ceiling on July 4, the total U.S. debt has increased by $780 billion, which is an average of $22 billion added per day. Just last week, the U.S. government sold $724 billion in government bonds through 10 selling operations, making the U.S. debt crisis more serious than ever.

On August 9, according to market data, the market share of Bitcoin (BTC.D) fell below 60%, down 3.1% in the past week, currently reported at 59.98%. The total market capitalization of encryption rose 6.9% in the past week, while the total market capitalization excluding Bitcoin (TOTAL 2) rose 11.94%, and the total market capitalization excluding Bitcoin and Ether (TOTAL 3) rose 8.58%. Market views generally suggest that the continuous decline in Bitcoin's market share indicates that the alt season may truly be approaching.

On August 9th, according to market data, Bitcoin's market share (BTC.D) fell below 60%, dropping 3.1% in the past week, now reported at 59.98%. The total market capitalization of cryptocurrencies rose 6.9% over the past week, while the total market capitalization excluding Bitcoin (TOTAL 2) increased by 11.94%, and the total market capitalization excluding Bitcoin and Ethereum (TOTAL 3) rose by 8.58%. Market views generally suggest that the continued decline in Bitcoin's market share means that the alt season may truly be upon us.

According to analyst monitoring, a certain Address has been shorting ENA since the end of July, currently with unrealized losses of 3.288 million USD, and the Enter a Position price for the short order is 0.5236 USD. In addition, this Address has also shorted multiple Ethereum Tokens, with unrealized losses of 2.84 million USD, and has added 1.6 million USDC to Hyperliquid to avoid liquidation.

According to analyst monitoring, a certain Address has been shorting ENA since the end of July, with current unrealized losses of $328.8 million and a short order entry price of $0.5236. In addition, the Address has also shorted various Ethereum Tokens, with unrealized losses of $2.84 million, and has added 1.6 million USDC to Hyperliquid to avoid liquidation.

The whale futures trader AguilaTrades successfully went long on BTC and ETH within 2 days, increasing $4.6 million to $15.9 million, making a profit of $11.3 million. Their total losses were reduced from $40 million to $28.7 million.

Wang Feng, the founder of Blueport Interactive, pointed out that the market sentiment of Bitcoin and Ethereum is closely related. At this stage, Bitcoin is stabilizing around 120,000 USD, which is beneficial for Ethereum to continue rising, with an expected target of reaching 5,000 USD. At the same time, he stated that DeFi, RWA, and star Meme projects will welcome development opportunities.

Ethereum co-founder Jeffrey Wilcke deposited 9840.36 ETH, approximately $41.33 million, to CEX again on August 9. Previously, he deposited 105737 ETH in May and distributed it to multiple addresses. Now, one of those addresses has started to transfer ETH, possibly aiming to sell at a high point. The value of this portion of tokens has risen from $262 million to $442 million.

Next week's important macro data includes the US July CPI and PPI, initial jobless claims, retail sales, etc. Trump has nominated a pro-Crypto Assets official to serve on The Federal Reserve Board of Governors, which requires Senate approval. Traders follow the inflation data that may impact interest rate cut expectations.

On August 9, according to official data, the current market capitalization of USDe has surpassed 10 billion USD for the first time, setting a new historical high. This is an increase of 4.69 billion USD compared to July 4 (5.31 billion USD), with a rise of 88.3%. During the same period, ENA's rise reached 186%. As of the time of writing, USDe is reported at 1.001 USD; ENA is reported at 0.7449 USD, with a 24-hour increase of 20.77%, bringing its market capitalization to 4.911 billion USD.

In the past 30 days, among the treasury companies and institutions with significant changes in Ethereum holdings, Bitmine Immersion Tech held 831,000 ETH, an increase of 41.07%; SharpLink Gaming increased by 153.83% to 521,900 ETH; the Ethereum Foundation's holdings decreased by 4.47% to 232,600 ETH.