🔥 Today's Hot Topics in the Cryptocurrency World | Summary of Key Developments on July 23
1. 519,000 ETH Queued to Exit Ethereum Staking, a New High in a Year and a Half
Data shows that approximately 519,000 ETH (worth $1.92 billion) are currently queued to exit the Ethereum PoS network, with a waiting time exceeding 9 days, marking the longest record since January 2024. Meanwhile, there are still 357,000 ETH ($1.3 billion) waiting to enter staking, indicating intense market competition. Analysts believe that after a recent rise in ETH, some investors chose to take profits, but institutional staking demand remains strong.
2. $541 Million Liquidated Across the Entire Network in 24 Hours, with Long Positions Accounting for 70%
In the past 24 hours, the cryptocurrency market experienced severe volatility, with a total liquidation of $541 million across the network, including $378 million from long positions and $163 million from short positions. The current price of ETH is $3,667, with a 24-hour decline of 1.56%, and short-term market sentiment is cautious.
3. Today's Key Focus: Large Unlock of Avail (AVAIL)
On July 23, Avail (AVAIL) will unlock 972.85 million tokens (accounting for 38.23% of the circulating supply), valued at approximately $19.46 million, primarily flowing to core contributors and investors. Additionally, on July 25, Venom (VENOM) and AltLayer (ALT) will also see large unlocks, and the market should beware of short-term selling pressure.
4. Binance BNB Chain Brief Maintenance Today, Withdrawal Paused for 30 Minutes
Binance will conduct maintenance on the BNB Smart Chain and opBNB Chain wallets today at 11:00 (UTC+8), expected to last for 30 minutes, during which withdrawal services will be suspended, but trading will not be affected. The market expects limited impact, with BNB's current price at $769.92.
5. Macro Outlook: U.S. CPI Data to be Released Tonight, Market Sentiment is Cautious
Bitcoin has dropped below $57,000, while Ethereum is oscillating around $2,350, with the market awaiting direction from tonight's U.S. CPI data. K33 Research points out that the perpetual contract funding rate has turned negative, and historical data suggests the market may be approaching a bottom, with a potential rebound in the next 90 days.
📌 Operational Suggestions:
The dynamics of ETH staking/unstaking reflect market divergence, and short-term volatility may intensify.
The wave of token unlocks is coming; attention should be paid to the use of funds by project parties and market absorption capacity.
CPI data + Binance maintenance may trigger short-term liquidity changes, and it is recommended to control leverage risk.
🚀 Stay tuned for more real-time updates, click the source link for in-depth analysis!
