Two ETH Staker Wallets Withdraw 13,000 ETH Worth $37.64M from CEX

Tom Lee's Bitmine Purchases 17,722 ETH Worth $34.74 Million

Gate News bot message, Tom Lee(@fundstrat)'s Bitmine purchased an additional 17,722 ETH valued at $34.74 million eight hours ago, according to Lookonchain. This week, three wallets reportedly linked to Bitmine acquired a total of 62,722 ETH worth $123.25 million. Previously, Lookonchain reported th

Data: If ETH drops below $1,868, the total long liquidation strength on major CEXs will reach $832 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,868, the total liquidation strength of long positions on major CEXs will reach $832 million. Conversely, if ETH breaks above $2,057, the total liquidation strength of short positions on major CEXs will reach $738 million.

BNP Paribas Launches Ethereum Money Market Fund Tokenization Pilot Project

ChainCatcher message: BNP Paribas Asset Management recently announced the issuance of tokenized shares of a French domestic money market fund on the Ethereum blockchain through its AssetFoundryTM platform. The project adopts a "permissioned access model" to ensure that only qualified and authorized participants can hold and transfer assets, in compliance with relevant regulatory requirements. This is BNP Paribas's second issuance of a tokenized money market fund, aimed at testing the complete end-to-end process from issuance and transfer agency to tokenization and connection to public blockchains.

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.