CoinVoice has recently learned that, according to 4E observations, the number of Ethereum validators exiting the queue reached 855,158 ETH this Friday, setting a new historical high. Analysts believe that the rapid accumulation of unlocked amounts 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 forced liquidations and spot sell-off pressures.
Meanwhile, MicroStrategy founder Michael Saylor has once again released Bitcoin Tracker information on the X platform and hinted that he may disclose a new round of BTC accumulation data next week, with the caption 'Insufficient orange quantity.' The market expects the company to continue its long-term accumulation strategy.
In terms of U.S. macro policy, the July PPI in the U.S. greatly 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 interest rate cut trading may be redefined, and interest rate-sensitive sectors are expected to strengthen again.
In addition, BitMine Chairman Tom Lee stated that establishing a strategic Bitcoin reserve in the United States is a crucial step to ensure dominance in digital transformation. The Treasury has proposed using seized Bitcoin as the basis for reserves and exploring budget-neutral ways to increase reserves. Thailand will launch the 'TouristDigiPay' program, allowing tourists to exchange cryptocurrency for Thai baht and make payments through QR codes, further strengthening its integration of tourism and digital finance.
4E reminds investors: The unlocking of ETH staking and the strategic accumulation of BTC may bring structural changes to the market. It is advised to continue monitoring on-chain liquidity and macro policy trends, rationally allocate positions, and grasp the long-term and short-term rhythms. [Original link]
