Analysis indicates that the altcoin season index has reached a new high, with a significant increase in the open interest of ETH Perptual Futures, showing signs of capital rotation. The GENIUS bill promotes stablecoin regulation, with enterprises focusing on L1 chains, and ETH ETF inflows exceeding BTC. The market is optimistic about ETF approval, ETH market share is rising, and the altcoin season may have already started.

According to the latest market analysis from Matrixport, the Gate News bot reports that Asia leads in altcoin performance, especially with Ethereum (ETH) and XRP. Driven by several important factors, ETH continues to show resilience. Although current Gas fees are low, the funding rate has reached double digits, which is still moderate compared to the scale of ETH futures holdings and ETF inflows. The influence of Asia is becoming increasingly significant, directly driving the strong rise of ETH over the weekend. In addition, the noticeable recovery of decentralized finance (DeFi) activities has also provided support for the rise of ETH. This trend not only reflects the movement of speculative funds but also embodies the allocation of institutional capital.

Matrixport released a market analysis indicating that Asia dominates the performance of alts, particularly Ether (ETH) and XRP. Ether has shown strong performance driven by low Gas fees and high funding rates, while the recovery of DeFi activity further boosts its rise.

Gate News bot message, Gate market shows, ETH breaks 3800 USDT, current price 3803.94 USDT.

Gate News bot message, AguilaTrades (@AguilaTrades) has closed their entire Ethereum short position, resulting in losses exceeding $8 million, followed by a switch to a long ETH position. According to Lookonchain's report on July 20, the trader's recent activity shows dramatic shifts in trading perf

BlockBeats news, on July 21, according to on-chain information, a certain Whale closed a ETH short order 17 hours ago, and within nearly 7 hours accumulated a Build a Position of ETH long order worth 116 million USD at 15 times leverage, with an average entry price of 3762.58 USD and a liquidation price of 3604 USD.

According to Jinse Finance, institutional demand has kept Bitcoin at a high of around $118,500, while Ether has risen to $3,761. Analysts point out that Bitcoin's dominance is decreasing, but the bull run is mainly driven by institutions, and the expansion of the altcoin market remains uncertain.

According to Presto Research analyst Min Jung, Bitcoin prices remain near their highs due to institutional demand, with little selling pressure in the short term. Ethereum is also supported by institutional investors, and the inflow of ETFs is looking positive. Future market trends still need to be observed.

Odaily News Presto Research analyst Min Jung stated that Bitcoin continues to hover near historical highs supported by ongoing institutional demand, particularly from crypto asset management firms. The price of ETH is also benefiting from institutional investor momentum, with an increasing number of publicly listed companies beginning to incorporate ETH into their corporate treasuries. The market is showing early signs of a strong season for alts, but it remains uncertain whether this momentum will extend to the broader altcoin market. (The Block)

According to BlockBeats news on July 21, analyst @alicharts cited glassnode data, indicating that based on the current ETH distribution situation, the current resistance range for ETH is between 3877 and 3987 USD, while the key support level is 3434 USD.

Gate News bot message, blockchain data shows that the whale address 0x46DB has executed a significant withdrawal of 13,224 ETH, equivalent to $49.56 million, from centralized exchanges within an 8-hour period.

PANews July 21 news, according to on-chain analyst @ai9684xtpa monitoring, a certain Whale exchanged WBTC for ETH in May, and today exchanged back to WBTC, netting 11 BTC (approximately $136.40 million) in two months. The ETH price rose by 48.7% (from $2527 to $3759) during the back and forth, resulting in an additional 11.64 WBTC obtained compared to the initial amount. The analyst stated that this kind of operation requires "$34; precise trend judgment + strong position determination $34;", which is difficult for ordinary investors to replicate.

Gate News bot message, on-chain data shows that a crypto whale has made a significant purchase in the NFT market. A new wallet address (0x1bb3) deployed 2,082 ETH, equivalent to $5.87 million, to acquire a collection of 45 CryptoPunk NFTs in a single transaction. The purchase was completed four hour

Odaily News According to Onchain Lens detection, a whale that previously spent 2082 ETH to purchase 45 CryptoPunks spent 60.5 ETH to acquire a Chromie Squiggle, worth approximately $227,000.

According to BlockBeats, on July 21, Ethereum launched "The Torch" NFT to honor those who shaped its development and values in the first decade of Ethereum and to support the future construction of Ethereum. Within the 10 days leading up to Ethereum's tenth anniversary, The Torch NFT will symbolically be passed between wallets. On July 30, The Torch NFT will be destroyed to commemorate the tenth anniversary of Ethereum. On that day, everyone can mint a commemorative NFT.

According to BlockBeats news on July 21, Ethereum founder Vitalik tweeted that "almost exactly 50% of stakers voted in favor of raising the L1 Gas limit to 45 million. The Gas limit has already started to increase and is now at 37.3 million."

Gate News bot message, Gate market shows, ETH breaks 3750 USDT, current price 3750.01 USDT.

Gate News bot message, Gate market shows, ETH falls below 3700 USDT, current price 3699.48 USDT.

James Wynn has opened a 25x Ether long order with unrealized gains exceeding $100,000, and a 10x PEPE long order with unrealized gains exceeding $500,000. The specific entry prices are $3,726.28 and $0.01358 respectively.

Gate News bot message, Gate market shows, ETH falls below 3750 USDT, current price 3748.83 USDT.

Gate News bot message, Gate market shows, ETH breaks 3800 USDT, current price 3800.32 USDT.

Gate News bot message, a new Ethereum wallet address (0xD6DdfcC1A93A35CEd44b241c2eCa1CcEFF3C53c9) has withdrawn 4,200 ETH (equivalent to $15.9 million) from centralized exchanges. The funds were subsequently directed to ETH staking services.

Gate News bot message, a prominent trader known as "The White Whale" (@TheWhiteWhaleHL) has emerged as the leading performer on Hyperliquid's trading platform. The trader utilized four distinct wallets to execute successful long positions in ETH and SOL cryptocurrencies, accumulating approximately $

PANews July 20 news, after the big pump of Bitcoin, Ethereum and other crypto assets also started to collectively big pump. As of the time of writing, Ethereum has risen above $3760/coin, the first time since December last year. Data shows that in the last 24 hours, the total amount of liquidation in the crypto assets market exceeded $200 million, with more than 75,000 people getting liquidated.

Gate News bot message, Gate market shows ETH突破3750 USDT, current price 3750.55 USDT.

Odaily News LD Capital founder Yi Lihua stated: "ETH has broken 3700. The weakness of the past few years has made everyone forget the bull runs of 2017 and 2020. ETH has significantly outperformed BTC, and we continue to believe that ETH will outperform BTC in this round, which has already been validated. Do not short during a bull run; at the very least, holding ETH will ensure you don't miss this market opportunity."

Gate News bot message, Trader James Wynn (@JamesWynnReal) has deposited 536,573 USDC into Hyperliquid platform. Following the deposit, Wynn established leveraged positions: a 25x long position on ETH and a 10x long position on PEPE. His current positions stand at 3,269 ETH valued at $12.12M and 812

Gate News bot message, AguilaTrades(@AguilaTrades) has closed short positions worth $159.15 million, comprising 6,832 ETH ($25.15M) and 1,134 BTC ($134M), resulting in a $1.1M loss. The trader maintains a substantial short position of 50,000 ETH, valued at $186 million, with current unrealized loss

Odaily News LD Capital founder Yi Lihua stated: "There has always been a cyclical rise pattern in the crypto world bull run, where BTC and ETH peak first, followed by mainstream mid-cap coins like XRP, LTC, UNI, and finally various strong alts. Making efforts to invest in the right varieties to seek returns will outperform the market."

Gate News bot message, Gate market shows that ETH has broken 3700 USDT, current price 3700.87 USDT.

PANews, July 20 news, according to The Data Nerd monitoring, 4 hours ago, this new Whale 0x3dF accumulated 5,599 ETH (approximately 20.08 million USD) through Galaxy Digital. In the past 24 hours, this Whale has accumulated a total of 11,147 ETH (approximately 39.97 million USD).

Gate News bot message, prominent cryptocurrency trader known as whale 0xd5ff has closed their ETH long position, securing a $1.7 million profit. The successful trade marks the latest in a series of profitable positions by the trader. Over a 4-day period, the whale executed 6 ETH long trades, achievi

Gate News bot message, two newly established whale/institutional wallets have completed a substantial Ethereum acquisition through centralized exchanges and Galaxy Digital. The transaction involved the purchase of 58,268 ETH, valued at approximately $212 million. These institutional-grade wallets ex

Gate News bot message, Gate market shows, ETH breaks 3650 USDT, current price 3651.98 USDT.

PANews July 20 news, according to on-chain analyst Yu Jin's monitoring, this week, due to the "grab buying" increase from the massive net inflow of ETFs and the ETH reserve plans of US stock companies, the ETH price rose from $3,000 to $3,600. Only the on-chain addresses that individuals have followed have accumulated as much as 391,000 ETH (1.4 billion USD) through various channels this week.

Gate News bot message, Gate market shows, ETH breaks 3600 USDT, current price 3600.39 USDT.

Odaily News According to monitoring by 余烬@EmberCN, a new address has recently made a large purchase of 47,121 ETH through FalconX, with an average purchase price of 3545 USD, totaling approximately 169 million USD.

BlockBeats reported that on July 19, The Kobeissi Letter stated in its latest analysis released on Friday that ETH/USD is likely to reach $4000 soon. Ethereum is currently brewing a rare short squeeze in crypto history. If the price rises another 10%, $1 billion worth of short positions will be liquidated. The liquidation of short positions could drive the ETH price to rebound to $4000. The current price of Ethereum is $3553, and its recent price movement has been described as "making history"; the rise of ETH has triggered a record short squeeze. Kobeissi noted that as the largest altcoin by market capitalization, Ethereum is "punishing" shorts at an extremely rare pace.

According to a report from Jinse Finance, the Kobeissi Letter has released its latest analysis indicating that ETH/USD may soon reach $4,000. As the largest altcoin by market capitalization, ETH is punishing short positions at an unprecedented rate, and the market is witnessing one of the largest short squeezes in crypto assets history. Data analysis suggests that if Ethereum rises another 10%, an additional $1 billion in short positions will be liquidated.

PANews July 19 news, according to analyst Ali (@alicharts) who disclosed data on the X platform, over 300,000 ETH has been withdrawn from the exchange in the past two weeks.

Gate News bot news, Gate market shows that ETH has fallen below 3550 USDT, current price 3549.79 USDT.

Gate News bot message, Gate market shows, ETH breaks 3600 USDT, current price 3600.6 USDT.

BlockBeats news, on July 19, according to HyperInsight monitoring, James Wynn closed his short order 1 hour ago and took the opposite position by opening a 25x ETH long order, with a position value of 14.6 million USD. Other specific position details are as follows: Entry price: 3,569.47 USD Profit and loss: + 102,660 USD

Odaily News According to on-chain analyst @ai9684xtpa's monitoring, whales have purchased 4,772.89 ETH at an average price of approximately $3,581.22 in the past 10 minutes, totaling about $17.09 million. The Address previously made a profit of $605,000 through ETH swing trading from June 20 to July 2. Previously, the whale sold off at a high point and bought 4153.84 ETH at the bottom 6 hours ago.

According to Jinse Finance, as reported by Hong Kong media Wen Wei Po, after the listing of the Bitcoin ETF in Hong Kong, Ren Junfei, the founder and CEO of the licensed virtual asset management company Pando, announced plans to launch a staking spot Ether ETF product in Hong Kong in the second half of this year. This product will not only be a spot holding type but will also include additional returns. Currently, discussions are ongoing with Hong Kong regulatory authorities regarding how to protect investor interests, as well as operational matters such as subscription and redemption.

Gate News bot message, SharpLink Gaming has added 4,904 ETH (worth $17.45 million) to its holdings 5 hours ago. According to transaction records, since July 1, the company has accumulated a total of 157,140 ETH, valued at approximately $493 million, with an average purchase price of $3,136 per ETH.

Gate News bot message, two newly established wallets have executed withdrawals totaling 22,434 ETH (approximately $79.5M) from centralized exchanges within the last 6 hours. This activity follows a broader pattern of significant ETH movements, as these same wallets have accumulated substantial hol

BlockBeats news, on July 19, according to on-chain analyst Ai Yi (@ai9684xtpa), "a whale that built a position of 4,076 ETH at an average price of $3,337 two days ago" has spent another $11.75 million in the past 8 hours to increase the position by 3,263 ETH, at an average price of $3,602. Since June 18, he has accumulated 23,463.3 ETH (approximately $76.52 million), with an average cost of $3,261, now having unrealized gains of $6.634 million. This address may belong to Cumberland, which has had multiple interactions.

PANews July 19 news, according to on-chain analyst Yu Jin's monitoring, [whales/institutions accumulating ETH through FalconX] continued to accumulate 19,550 ETH (70.7 million USD) 10 hours ago. Since 7/12, this Address has continuously accumulated 122,000 ETH (435 million USD) through FalconX at an average price of about 3,213 USD. Currently, unrealized gains are 41.34 million USD.

Gate News bot message, SharpLink Gaming (@SharpLinkGaming) expanded its ETH strategy reserve by adding 19,084 ETH, equivalent to $67.52 million. According to the latest data, SharpLink Gaming's total ETH holdings increased to 345,158 ETH with a total value of $1.22 billion. This addition follows th