According to Whale Alert monitoring, 57,600 ETH was transferred from an unknown address to Binance 30 minutes ago, with a value of $102 million.

According to Whale Alert monitoring, 22,482 ETH were transferred to Binance, worth $39.8 million.

As monitored by on-chain analyst Yu Jin, a certain whale has withdrawn a total of 42,311 ETH ($70.55 million) from Binance since September 20th and transferred 30,710 ETH ($56.78 million) to Binance 5 minutes ago at an average price of about $1,667.

According to trader Dave the Wave, who accurately predicted Bitcoin's May 2021 crash, the cryptocurrency is now in a position to start a new uptrend. Dave the Wave notes that Bitcoin's weekly moving average convergence divergence (MACD) indicator has turned bullish at the zero level, indicating that BTC may be gaining momentum. He also predicts that Bitcoin will rise above the 200-month moving average and rally above the "buy zone" of his logarithmic growth curve model. Additionally, Dave the Wave is keeping an eye on the price action of the decentralized oracle Chainlink, which he believes has the potential to revisit its all-time high.

According to Whale Alert monitoring, 97863 ETH was transferred from an unknown wallet to Binance at 15:01 Beijing time, as reported by DeepChain TechFlow.

October 24th, Arthur Cheong, the founder and CEO of DeFiance Capital, stated on his social media platform that if the Bitcoin spot ETF is successful and BlackRock applies for an ETH spot ETF, then Ethereum's ESG friendliness and native staking yield will attract institutional investors. However, this does not mean that the ETH/BTC exchange rate has bottomed out, as all short-term focus will be on BTC, and Bitcoin will halve in April next year. After the halving, the ETH/BTC exchange rate may bottom out.

This morning the ETH/BTC exchange rate fell below 0.05, reaching a new low since mid-June 2022. Currently, the ETH/BTC exchange rate has rebounded to 0.0533, and the ETH price is temporarily reported at 1815 USDT.

According to Etherscan data, the Ethereum network Gas fee has risen to 37 gwei, and is temporarily reported at 37 gwei as of press time.

On October 24th, according to on-chain analysis application Watchers data, former CFO of Frog Nation 0xSifu holds a short position of approximately $21 million on the Synthetix perpetual contract. The current contract market price of Ethereum is $1833, while 0xSifu's average holding price is $1643, resulting in a floating loss of nearly $2.22 million. Currently, 0xSifu still has about $1.64 million in margin to maintain the position. If the market price continues to rise to $1926, the position will face the risk of liquidation.

According to DefiLlama data, there is around $88.3 million in on-chain loan liquidation volume for Ethereum near $1732.

According to market data, ETH briefly touched 1800 USDT and is currently priced at 1808 USDT, with a 24-hour increase of 8.01%.

The market shows that ETH has broken through $1,800 and is currently trading at $1,800.38, with a daily increase of 7.62%. The market is volatile, so please manage your risks.

According to Coinglass data, the current negative premium rate of Grayscale Bitcoin Trust Fund (GBTC) has narrowed to 13.12%. The ETH Trust has a negative premium rate of 22.05%, the ETC Trust has a negative premium of 45.15%, the LTC Trust has a negative premium of 10.69%, and the BCH Trust has a negative premium of 9.05%.

According to monitoring data from The Data Nerd, in the past 8 hours, two new whales (0x06f and 0xb07) have accumulated a total of 39,450 ETH (67.88 million USD) from Coinbase.

According to popular crypto analyst Altcoin Sherpa, the Ethereum-based altcoin Chainlink (LINK) is poised for a major surge. Altcoin Sherpa believes that LINK is one of the strongest projects in the industry and has broken out of its multi-month accumulation phase. However, Altcoin Sherpa remains skeptical about whether an "altseason" is upon us and is keeping an eye on Ethereum versus Bitcoin (ETH/BTC) and Bitcoin dominance (BTC.D) to gauge investors' risk appetite for altcoins. Altcoin Sherpa predicts that BTC.D will rally slightly further before reversing near the 56% level.

Vitalik Buterin, the founder of Ethereum, discussed the centralization of staking and scalability challenges in Ethereum at ETH HK Hackathon. Vitalik emphasized four scalability challenges of Layer 2, including proof system security and decentralization, sorting decentralization, cross-L2 wallets, and data availability space.

According to DefiLlama data, there is approximately $77.06 million in on-chain loan liquidation limit for Ethereum at around $1732.

According to OKX market data, Ethereum briefly broke through $1800, currently priced at $1773, with a 24-hour increase of 6.79%.

According to OKX market data, ETH has broken through 1700 USDT and is currently priced at 1699 USDT, with a 24-hour increase of 2.65%.