The market shows ETH breaking through $2,300, currently reporting at $2,300.43, with a daily increase of 0.34%. The market is volatile, so please take caution and manage risks.

On December 24th, EtchMarket data shows that the price of a single Ethereum NFT token, eths, has risen to $16,575, an increase of over 27% in 24 hours. It is reported that eths is the first text token issued based on the Ethereum NFT protocol, Ethscriptions.

According to IntoTheBlock data, the percentage of ETH held by long-term holders exceeded 70% in December, reaching a new high.

According to Spot On Chain monitoring on December 24th, a whale address starting with 0xc3b deposited 5,975 ETH (worth $13.9 million) into Blast about an hour ago, becoming the fifth largest depositor.<br>· A total of 381,000 ETH ($879 million) has been deposited into Blast and will be locked until February 24, 2024<br>· About 129,500 ETH ($300 million) came from the top 20 users, accounting for 34% of the total deposits.

According to IntoTheBlock data, on December 24th, Ethereum's market value is expected to grow by about 85% in 2023. Despite upgrades, various ETF applications (already submitted), and strong adoption indicators, its performance is still slightly inferior to other major assets.

Whale Alert monitored that at 12:44:35 Beijing time, a pre-mine address containing 11,640 ETH ($26,489,720) was activated after being dormant for 8.4 years.

On December 22nd, Arkham monitoring showed that an address starting with 0x454 had collateralized about $80 million worth of WBTC on Aave, and borrowed around $48 million worth of ETH. Subsequently, these ETH were sent to Coinbase, suspected to be sold, and the whale may be shorting ETH.

According to data agency Arkham, on December 22nd, a new address starting with 0x454 borrowed 48 million USD worth of ETH on Aave by pledging 80 million USD worth of WBTC, and transferred the ETH to Coinbase. The address received the funds three days ago and made the transaction when the ETH to BTC exchange rate hit a new low.

Christine Kim, the Vice President of Galaxy Research, summarized the 177th Ethereum Core Developer Execution Layer Meeting (ACDE). This week, developers set a tentative date to activate the Cancun/Deneb upgrade on all three public Ethereum test networks.The test network upgrade schedule is as follows: Goerli fork on January 17, 2023, Sepolia fork on January 31, 2023, and Holesky fork on February 7, 2023.These dates may change as developers may need to update them in the coming weeks due to unexpected errors and issues with client releases.Developers also discussed the performance of the second Goerli shadow fork, the precompiled address range for Layer 2, and expectations for the Prague/Electra upgrade. The meeting also confirmed that the next ACDE meeting will be held on January 4th.

The market shows ETH has broken through $2300 and is currently trading at $2300.26, with a daily increase of 3.84%. The market is volatile, so please take caution and manage your risks.

According to Whale Alert monitoring, 12,800 ETH (approximately $29,230,271) was transferred from an unknown wallet to the Beacon Depositor Contract.

According to Whale Alert monitoring, 20,000 ETH (approximately $44,184,202) was transferred from Bybit to an unknown wallet.

The concentration of power among a small group of validators, including Lido, on the Ethereum network is a significant security risk. Lido controls a large portion of staked ETH, and if this share increases, it could lead to network outages or malicious activity. Decentralized validator technology (DVT) aims to address this vulnerability by spreading operations across multiple parties. Lido is testing a "Simple DVT Module" in partnership with Obol and SSV, and while larger institutions may take time to adopt DVT, hobbyist solo-stakers and community-run collectives are expected to embrace the technology soon.

According to Whale Alert monitoring, 16,123 ETH (worth about $35,685,329) was transferred from an unknown wallet to Coinbase.

This post is a proposed solution to release the restrictions that exist in Ethereum opcode by using zk-SNARKs. Furthermore, I hope to use this idea to solve the challenges of the optimistic bridges.

Bloomberg analyst James Seyffart recently discussed a noteworthy development in his blog. The U.S. Securities and Exchange Commission (SEC) has changed its stance on Ethereum. Seyffart stated that with the approval of Ethereum futures ETFs, the SEC is subtly acknowledging that Ethereum may be considered a commodity rather than a security. If the SEC changes its stance and classifies Ethereum as a security, it would have a significant impact.

According to WhaleAlert monitoring data, at 17:49 Beijing time, 9,614 ETH (worth $20,774,326) was transferred from BitFlyer to an unknown wallet.

According to Whale Alert monitoring data, at around 10:01 Beijing time, 9,682 ETH (worth about $21,534,509) was transferred from an unknown wallet to Binance.

Inscription certainly has a disadvantage compared to Bitcoin, but attempting to prevent Inscription may cause much more damage than Inscription itself.

According to on-chain analyst Ai Auntie's monitoring, about half an hour ago, address 0xf73...3242D deposited 5,000 ETH (worth $11.54 million) and 3 million USDT into Blast; all of these funds were withdrawn from Binance.