4E: ETH Exit Staking Hits New High, Saylor May Announce New Round of BTC Accumulation

【4E: ETH Exit Staking Hits New High, Saylor May Announce New Round of BTC Accumulation】On August 18, according to 4E observations, the number of Ethereum validators exiting the queue reached 855,158 ETH this Friday, a historic high. Analysts believe that the rapid accumulation of unlocked funds may become an important factor for ETH's recent pullback, as the discount on staking derivatives and liquidity risks could lead to a chain reaction of liquidations and spot selling pressure. Meanwhile, MicroStrategy founder Michael Saylor once again posted Bitcoin Tracker information on the X platform, hinting that he may disclose new BTC accumulation data next week, with the caption "Insufficient orange quantity," and the market expects the company to continue its long-term accumulation strategy. In terms of U.S. macro policy, July's PPI in the U.S. significantly exceeded expectations, disrupting the market's interest rate cut trading. However, if Powell releases dovish signals at the Jackson Hole Global Central Bank Annual Meeting and announces a rate cut in September, the main line of U.S. stock rate cut trading may become clear again, and interest rate-sensitive sectors may strengthen once more. 4E reminds investors: ETH staking unlocks and BTC strategic accumulation may both bring structural changes to the market; it is advisable to continuously pay attention to on-chain liquidity and macro policy trends, rationally allocate positions, and grasp the long-term and short-term rhythms.