According to OKX market data, Ethereum briefly fell below $2400, currently priced at $2404, with a 24-hour decline of 2.85%.

According to Spot On Chain monitoring, a whale that has gained a total profit of $14.6 million from ETH has obtained more tokens during the recent downturn. One hour ago, the whale 0x55c withdrew 7,779 ETH ($18.9 million) from Binance at a price of about $2,430, close to the local bottom. It is worth noting that the whale deposited 9 million USDT into Binance 5 days ago.

Ethereum Attestation Service EAS has announced the establishment of the "Attestation Fellowship" builder program on X platform. The program lasts for 6 weeks, and selected teams can launch proof products, including knowledge tracing, reputation systems, data markets, content authenticity, voting systems, audit verification, mortgage loans, RWA verification, etc. Early founders or teams who have not yet received financing can submit applications before February 18th. About 10 teams will officially enter the program at the end of February. It is reported that the program does not provide direct investment and does not guarantee any investment from partners.

According to Christine Kim, a researcher at Galaxy, it is estimated that there is a 60% possibility of Dencun being deployed on the Ethereum mainnet by the end of March, given the enthusiasm of Ethereum core developers for its release after the Goerli fork this week. The possibility of the Ethereum mainnet upgrading earlier in late February is not high, at around 30%. In addition, if developers discover unexpected and serious errors during the Dencun upgrade in Sepolia or Holesky, it may still be postponed until April or later.

According to data from the Wormhole protocol, a total of $370 million in liquidity has been transferred from Ethereum to other blockchains in the past month, with nearly 90% going to Sui and Solana. Dan Reecer, the head of operations for Wormhole, believes that the outflow of funds may be driven by memecoins and airdrop speculation. Multiple Solana DeFi protocols, including Kamino, MarginFi, Parcl, and Solend, have announced their own reward systems. In addition, the incentive program within Sui's ecosystem has "driven a lot of DeFi activity," which may also explain some of the outflow of funds.

According to Etherscan data, the current gas fee on the Ethereum network has dropped to 21 gwei.

On July 4, Balaji Srinivasan released the first version of his long-awaited new book describing his vision for "network states": communities organized around a particular vision of how to run their own society that start off as online clubs, but then build up more and more of a presence over time and eventually become large enough to seek political autonomy or even diplomatic recognition.

This is the first article of a series of educational posts regarding all things Dencun, EIP4844 and lower tx fees on Ethereum L2s.Here, we will discuss the Dencun Upgrade at a high level, explaining all the changes it’ll bring to Ethereum, both on its Execution Layer and its Consensus Layer.

According to on-chain analyst @ai_9684xtpa's monitoring data, 5 minutes ago, the Ethereum Foundation Grant Provider address transferred 100 ETH to the associated address 0xd77...6c1f4, and immediately sold it for 250,000 DAI and transferred it back to the Foundation address.

Data released by 21.co on-chain data and research analyst Tom Wan showed that last week saw the largest-scale ETH redemption since the Shanghai upgrade, with 656,200 ETH (approximately $1.6 billion) being redeemed, with 85% of redemptions led by Figment and Celsius.