Selected News
1. Bullish (BLSH) closed up 83.78% on its first day of listing, with a trading volume of 5.176 billion USD
2. The Ethereum ecosystem leads altcoins, ARB rises over 18%
3. In the past 24 hours, the total liquidation across the network reached 402 million USD, mainly short positions
4. Bitcoin briefly broke through 124,000 USD this morning, setting a new historical high
5. GMX completes V1 vulnerability impact compensation plan, involving 44 million USD
Articles & Threads
1. (Recalling the platform token battle four years ago, is there still a tenfold space?)
Yesterday, OKX dropped a heavyweight announcement in the market — a one-time large-scale destruction of 65.25 million OKB, with a market value of up to several hundred million USD based on the current price. After the announcement was released, the price of OKB quickly surged, increasing by over 100% in a short time, instantly becoming the focus in a relatively sluggish market environment. Such fluctuations made many investors feel a sense of déjà vu.
2. (Old tree rejuvenates: DeFi veteran projects' summer counterattack)
The DeFi market is witnessing a long-awaited wave of 'veteran revival'. As of now, the total locked value (TVL) in the DeFi market has climbed to 197 billion USD, just a step away from the historical high of 206 billion USD. More importantly, the leader of this rebound is not a new project that has just emerged, but a group of 'veterans' who once shone during DeFi Summer.
Market Data
Daily overall market funding heat (reflected by funding rates) and token unlocking
Data sources: Coinglass, TokenUnlocks
Funding Rate
Token Unlocking
