As monitored by on-chain analyst Yu Jin, James Fickel is still bullish on the ETH/BTC exchange rate: one hour ago, he borrowed 40 BTC (worth $2.51 million) from Aave and sold it for 806 ETH. Since the beginning of January this year, he has borrowed a total of 2,301 WBTC (worth $145 million) from Aave and sold it for 41,944 ETH. The cost of the ETH/BTC exchange rate is about 0.055.

According to on-chain analyst @ai_9684xtpa monitoring, 8 hours ago, address 0x4E8...fA555 transferred 8,150 ETH (valued at $25.64 million) to Galaxy Digital OTC address, suspected of commissioning sales.

Dune Analytics dashboard shared by 21.co strategy analyst Tom Wan shows that over 15% of ETH on the Beacon chain has been staked through EigenLayer, totaling 4.9 million ETH worth about $15.42 billion. Of this, 3.1 million ETH was natively reset, primarily through a liquid staking protocol. 1.7 million ETH was restarted through liquid stock tokens, with Lido's stETH accounting for 1 million stETH deposits. Approximately 26% of the total supply of Ethereum, which is 122 million ETH, is held on the Beacon chain. EigenLayer began accepting deposits under its protocol in June 2023.

According to market data, ETH has fallen below $3,100 and is now trading at $3,099.54, with a daily decline of 1.04%. The market is volatile, so please be prepared for risk control.

In our 4-part series named “The Value of Ether”, we have discussed in detail the framework in which we think it is most appropriate to link value accrual to ETH token holders with the underlying mechanics that operate the Ethereum blockchain. More specifically, we have laid out a case on how increased usage of the network has an impact on supply dynamics and can therefore have a knock-on effect on the value of the Ether token.

1.An Ethereum pre-mining address that has been dormant for 8.7 years has been activated, containing 197 ETH 2.Bitcoin block reward halving sparks bullish and skeptical opinion split3.A whale withdrew another 10,119 ETH from Binance4.MtGox claims form updated, may support compensation payment in BTC and BCH5.ZKasino transfers the 10,515 ETH deposited by the user to a multi-signature address and deposits it into Lido 6.Pre-Rune concept NFT Rune Doors is the project party for the deployment of Rune No. 97.More than 11,000 BTC flowed out of Coinbase Pro in the past 7 days8.Solana Ecosystem NFT Social Platform Only1 Completes $1.3 Million Strategic Financing, Led by Newman Group 9.friend.tech: V2 version has completed the audit and will be released on April 2910.Bitwise CEO: Wealth Manager Will Increase Its Bitcoin ETF Holdings

According to on-chain analyst @ai_9684xtpa, the whale who previously lost 4 million US dollars by longing ETH has longed again. At around 3:48 pm, the address transferred 3000 ETH (worth 9.53 million US dollars) from Binance and deposited it into Compound and borrowed 6.5 million USDT to transfer to Binance. Currently, the whale has transferred out 1100 ETH again or may continue to increase its position.

According to The Data Nerd's monitoring, one hour ago, whale address 0xb82 withdrew 526 ETH (about $1.67 million) from Coinbase. Within 24 hours, they withdrew a total of 9,954 ETH (about $31.34 million) from Coinbase, at an average price of $3,148.

As monitored by blockchain analyst Yu Jin, 8 hours ago, ZKasino transferred 10,515 ETH (worth 33.18 million USD) deposited by users through bridging to a multi-signature address 0x791, and then deposited it into Lido for yield farming. These ETH were deposited by users through bridging for mining on ZKasino, but the ZKasino project team modified their website instructions and forcibly replaced the ETH deposited by users with their platform token.

According to Chainalysis analyst Yu Jin's monitoring, a whale that has been continuously withdrawing ETH and stablecoins from Binance recently withdrew 10,119 ETH ($31.8M) from Binance about 7 hours ago at a price of approximately $3,143.

According to blockchain data tracking service Whale Alert, a Ethereum pre-mining address that has been dormant for 8.7 years has been activated, containing 197 ETH worth approximately $622,685 USD, and these ETH have been transferred to an address starting with "0x409e".

According to market data, the ETH/BTC exchange rate continued to decline to 0.04776, with a 24-hour decrease of 0.23%.

According to blockchain analyst @ai_9684xtpa, a dormant whale address that has been inactive for four years woke up seven hours ago. The whale bought 13,449 ETH on-chain in September 2020 at an average price of $357 and has now made a profit of $36.25 million. Seven hours ago, the whale deposited 11,735 ETH into Pendle and converted it into weETH PT and YT, which will expire on June 27, 2024.

As monitored by on-chain analyst @ai_9684xtpa, three years ago, a dormant whale address converted 2,661 ETH purchased at an average price of $2,304 into stETH and deposited it all into Puffer Finance (worth $8.23 million, with $2 million in unrealized gains); it then deposited pufETH into Zirciut to earn points.

According to Etherscan data, the current Ethereum network gas fee has dropped to 9 gwei.

DefiLlama data shows that the total value locked (TVL) in Ethereum's liquidity re-collateralization protocol has reached 8.902 billion US dollars, with a 24-hour increase of 7.8%.

DefiLlama data shows that the TVL of Ethereum's liquidity re-collateralization protocol has reached 8.777 billion US dollars, with a 24-hour increase of 7.50%.

According to on-chain analyst Yu Jin's monitoring, a whale spent 70 million USDC to buy 23,790 ETH on the chain after the market fell early this morning. Currently, 10,000 of them have been sold through 1inch at a price of 3,057 US dollars, exchanged for 30.57 million USDT, and then deposited into Aave. This transaction brought in a profit of 1.15 million US dollars.

Wintermute has transferred a total of 43,000 ETH (worth $136 million) from various exchanges at an average price of $3,178 over the past 24 hours, as monitored by @ai_9684xtpa. In the past day, Wintermute has also deposited various tokens such as 1INCH, SHIB, UNI, and ARB worth a total of $140 million into exchanges.

Coinglass data shows that the nominal value of open positions for BTC options on the entire network is 20.61 billion US dollars, and the nominal value of open positions for ETH options is 8.61 billion US dollars.