Whale "0xC45" Withdraws 8,000 ETH Worth $23.72M from CEX and Supplies to Aave V3

Espresso Launches ESP Token With 10% Airdrop to 1M+ Addresses, Bringing Shared Sequencing to Ethereum Rollups

Espresso Foundation announced the launch of ESP, its native token, with 10% of the 3.59 billion supply allocated to a fully unlocked community airdrop targeting over one million addresses. The transition to proof-of-stake secures Espresso's HotShot consensus network, which provides \~2-second finality for integrated rollups without replacing their existing sequencers. Backed by a16z and Coinbase Ventures with \$60 million in funding, Espresso now powers chains including RARI Chain, ApeCh

Data: Yesterday, Ethereum spot ETF net outflows reached $113.08 million

The net outflow of Ethereum spot ETFs has reached $113.08 million, with Fidelity FETH experiencing the largest outflow at $43.52 million. BlackRock ETHA saw an outflow of $28.96 million, and Grayscale's products collectively saw an outflow of $31.54 million, showing a significant increase.

Ethereum ETF Holders Stare at 43% Losses as ETH Tumbles Below $2,000—Far Worse Than Bitcoin ETF

Bloomberg Intelligence data shows the average spot Ethereum ETF investor is sitting on a 43% unrealised loss, with an estimated cost basis of \$3,500 and ETH now trading near \$1,950. That is more than double the 21% drawdown suffered by Bitcoin ETF holders. Despite \$5.3 billion in paper losses, ETF outflows have been surprisingly modest—net inflows have only shrunk from \$15 billion to below \$12 billion—suggesting holders are refusing to capitulate. The question is not whether they ca

Data: If ETH breaks through $2,049, the total liquidation strength of short positions on mainstream CEXs will reach $841 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,049, the total liquidation strength of long positions on major CEXs will reach $841 million. Conversely, if ETH drops below $1,856, the total liquidation strength of short positions on major CEXs will reach $637 million.

The era of Ethereum brushing Visa has arrived! EIL ends the nightmare of cross-chain authorization

The Ethereum Foundation account and the Chain Abstraction Team have launched the Ethereum Interoperability Layer (EIL), a multi-chain interoperability framework based on the ERC-4337 account abstraction standard. It addresses the three major pain points of cross-chain interactions: repeated authorization, Gas fee shortages, and long wait times. Using Merkle tree technology, it enables single-signature multi-chain execution. XLP cross-chain liquidity providers can stake 1 ETH and be subject to permissionless confiscation.

Bottoming out and aiming for a rebound by the end of the year! Standard Chartered predicts: Bitcoin may drop to $50,000, and Ethereum could fall to $1,400

Standard Chartered Bank has revised down its short-term outlook for the cryptocurrency market, predicting a potential wave of sell-offs in the coming months but remaining optimistic about a rebound by the end of the year. The Bitcoin target price has been lowered to $100,000, and Ethereum to $4,000, citing low confidence among ETF investors and economic uncertainties affecting market sentiment. Although the short-term outlook is bearish, the long-term market resilience remains positive.