● Institutional Ethereum holdings overview: BMNR holds 1.87 million ETH at the top
According to Wu Report, strategicethreserve data shows that among companies and institutions with significant changes in Ethereum holdings in the past 30 days, Bitmine Immersion Tech (BMNR) holds 1.87 million ETH, valued at approximately 8 billion USD. SharpLink Gaming (SBET) holds 837,000 ETH, valued at approximately 3.59 billion USD. The Ether Machine (ETHM) holds 495,000 ETH, valued at approximately 2.12 billion USD. The Ethereum Foundation holds 229,600 ETH, valued at approximately 984 million USD.
● Data: RWA scale approaches 300 billion USD
According to ChainCatcher, the total on-chain RWA scale has approached 300 billion USD within 2025, with USDT/USDC contributing the most. Ethereum and Tron are the main hosting networks. In addition to stablecoins, on-chain funds, government bonds/money market funds, and gold are accelerating in growth. Typical products include BlackRock BUIDL, Ondo USDY, etc. According to a RedStone report, tokenized assets may reach 30 trillion USD by 2034.
According to BlockBeats, HODL15Capital monitors that 107,733 bitcoins have been mined since the beginning of the year. Addresses holding 10 BTC or less sold 27,333 BTC; addresses holding 10 to 100 BTC increased their holdings by 4,154 BTC; whale addresses holding more than 100 BTC increased their holdings by 130,912 BTC (equivalent to buying 100% of the newly mined BTC and an additional 23,179 BTC).
According to Jinshi Data, CITIC Construction Investment's research report pointed out that from September 2 to 4, the market fell for three consecutive days, marking the first consolidation period of the slow bull market. The main reason is that the market trading was overheated in late August, with funds concentrated in the TMT sector leading to a deterioration in trading structure. Important activities at the beginning of the month and expectations of interest rate cuts from the Federal Reserve are nearing fulfillment, resulting in a decline in risk appetite. Statistics show that under the slow bull background, the index's adjustment has been relatively mild, with a prolonged consolidation period showing a trend of oscillation and repair, and the market has seen high-low switching. During the consolidation period, risk appetite has decreased, and dividend sectors continue to be retained as a bottom position. The core logic of the AI computing power main line has not been falsified, and the track directions with lagging previous gains but still having a prosperous logic are worth paying attention to.
According to Jinshi Data, Japan's Prime Minister Shigeru Ishiba, who has been in office for less than a year, announced his resignation on Sunday, taking responsibility for a series of electoral defeats for the ruling party. Concerns over political uncertainty prompted the yen and Japanese government bonds to be sold off last week, with the 30-year bond yield reaching a historic high on Wednesday.
Investors will focus on the next prime minister's potential bias towards supporting loose fiscal and monetary policy, such as senior Liberal Democratic Party member Sanae Takaichi, who has criticized the Bank of Japan's interest rate hikes. Another popular candidate for succession is Minister of Agriculture, Forestry and Fisheries Yoshihide Suga. Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, points out that Suga is not expected to bring significant changes, but Takaichi's stance on expansionary fiscal policy and her cautious attitude towards interest rate hikes may attract close attention from the financial markets. As the ruling coalition has lost its parliamentary majority, the next president of the Liberal Democratic Party may not necessarily become prime minister, but since the party is still the largest in the House of Representatives, it is still very likely to become prime minister.
Analysts say that whoever becomes the next leader may choose to hold early elections to seek public authorization. A public opinion poll released by Kyodo News on Sunday shows that nearly 55% of respondents believe there is no need to hold early elections.
According to Deep Tide TechFlow, Michael Saylor, co-founder and executive chairman of Strategy, has seen his net worth soar by 1 billion USD since the beginning of this year, making his first appearance on Bloomberg's Billionaires 500 index. Michael Saylor ranks 491st on the Bloomberg Billionaires Index, with an estimated net worth of 7.37 billion USD, an increase of 15.80% since January 1. According to Google Finance data, during the same period, the stock price of Strategy (MSTR) has risen nearly 12%. The index tracks the net worth of the world's top 500 wealthy individuals, with about 650 million USD of Michael Saylor's wealth in cash, while the remaining 6.72 billion USD is held in the form of Strategy stock.
According to BlockBeats, The Kobeissi Letter released data analysis indicating that the long-term unemployment rate in the US is soaring at an astonishing rate: in August, the number of long-term unemployed in the US jumped to 1.94 million, the highest level since November 2021. Since December 2022, the number of Americans unemployed for 27 weeks or more has more than doubled, with the proportion of individuals unemployed for more than 27 weeks rising to 26.3%, the highest level since February 2022. The number of long-term unemployed in the US has increased by nearly 10 percentage points in just 20 months, a rate now higher than all previous economic recessions except for 2020 and 2008, and there is no doubt that the US job market is in recession.
In the past 4 months, excluding the healthcare sector, the US has lost 142,200 jobs, the highest since 2020. In May, non-farm employment (excluding healthcare) decreased by 53,000, in June by 71,800, and in August by 24,800. Such a rapid decline following several years of growth has always coincided with the onset of economic recessions. The rest of the private sector employment has also shrunk, and the US job market is much weaker than it appears.
