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Share link:In this post: SUI open interest continued to grow above $256M. The Sui network is highly active, with more than 400K reported daily wallet interactions. Sui is a VC-backed project, with 75% of the tokens still locked and waiting to enter the market.
Telegram-based Hamster Kombat said it has turned down multiple VC offers and has no external investors. The Web3 game claims it rejected VC offers to protect its players from becoming exit liquidity. Still no information on when the HMSTR airdrop will happen.
Grayscale’s two spot Ethereum ETFs posted no flows on Monday.
Share link:In this post: Ethereum (ETH) increased its inflation to 0.67% as network usage slows down. An additional 57,000 ETH increased the supply in the past month. L2 have a mixed effect on Ethereum, by taking away some of the traffic, but raising demand for blob payments.
The U.S. Producer Price Index (PPI) only went up by 0.1% in July, showing that inflation is slowing down more than expected. Investors are watching the Fed closely, wondering if they’ll cut interest rates in September as inflation cools off. Major stock indices and Ethereum prices are on the rise, with ETH seeing big inflows into spot ETFs.
Share link:In this post: Polymarket and Perplexity are partnering to integrate advanced news summarization. The collaboration will enhance user engagement with features like customizable pages. Polymarket is seeing record growth due to interest in the US presidential election.
- 08:41A new wallet withdraws 500 BTC worth approximately $52.26 million from CEX within 1 hourAccording to Lookonchain monitoring, a newly created wallet withdrew 500 BTC from CEX in the past hour, valued at approximately $52.26 million.
- 08:40PUFFER briefly surpasses 0.35 USDT, 24H increase of 34.33%According to Bitget market data, PUFFER briefly surpassed 0.35 USDT and is currently reported at 0.3468 USDT, with a 24-hour increase of 34.33%.
- 08:17A Whale Withdraws Approximately 220,500 TRUMP from CEX, Worth Over $3.1 MillionAccording to Arkham monitoring data, approximately four minutes ago, a whale withdrew 220,550 TRUMP tokens from a CEX hot wallet, valued at approximately $3.14 million. Historical data shows that these tokens were accumulated by the whale over the past month, with a value of about $2.05 million when transferred into the CEX.