Market Trends
The overall market is rising, but market sentiment is insufficient. The Shanzhai season index is only 41. Over the past month, more than 1.1 million ETH have been hoarded by multiple whales/institutions, amounting to approximately $4.78 billion.
Viewpoint: The ETH price rising channel has been opened and may reach a historical high within 1-2 weeks.
Recent Hot Topics: Friday's Federal Reserve meeting, Russia-Ukraine conflict
(2) ALPHA Information
(1) A certain whale/institution has again increased its holdings by 8,745 ETH, accumulating a total of 68,000 ETH since June 22. The SharpLink associated address withdrew 52,809 ETH from Coinbase Prime, approximately $22 million, and the latest ETH holding may have reached 621,000 ETH.
(2) This week's unlocking data overview: ARB, AVAX, APT, etc., will see a large one-time token unlock.
(3) Amber Group has withdrawn a total of 358,000 UNI from Binance in the past three days, approximately $3.81 million.
(4) The 1inch team investment fund has sold 5,000 ETH and 6.45 million 1INCH.
(5) The LayerZero Foundation has proposed to acquire the Stargate cross-chain bridge and its token $STG for $110 million.