As monitored by on-chain analyst Yu Jin, James Fickel is still bullish on the ETH/BTC exchange rate: one hour ago, he borrowed 40 BTC (worth $2.51 million) from Aave and sold it for 806 ETH. Since the beginning of January this year, he has borrowed a total of 2,301 WBTC (worth $145 million) from Aave and sold it for 41,944 ETH. The cost of the ETH/BTC exchange rate is about 0.055.

Bitwise's official data shows that as of April 26th local time, the Bitcoin holdings of its Bitcoin exchange-traded fund BITB reached 33,888 BTC, a decrease of about 60 BTC from the previous day. It has been sold for two consecutive days, with a market value of approximately 2,165,342,638.549 US dollars. In addition, the current circulation of BITB shares has dropped to 62,160,000 shares, with each share holding 0.000545 BTC.

According to on-chain data reported, the total issuance of PayPal's stablecoin, PayPal USD (PYUSD), increased by approximately 100 million in the past 24 hours, with a current total issuance of approximately 302 million. There are 7,656 total holding addresses on the chain, with 85,177 on-chain transactions.

Solana-based meme coin MANEKI announced on X platform that it has completed the airdrop for pre-order users of Solana Mobile Saga Genesis & Chapter2, distributing more than 9% of MANEKI's total supply (worth about $20 million). The airdrop will be distributed in the slowest mode within 72 hours to absorb market selling pressure.

The U.S. Department of Justice has rejected Tornado Cash developer Roman Storm's motion to dismiss criminal charges, stating that the defense filing presented disputed facts that should be weighed by a jury. Storm and fellow developer Roman Semenov were charged with conspiring to commit money laundering, operating an unlicensed money transmitter, and violating sanctions law by creating and operating Tornado Cash, a crypto mixing service. The DOJ disputed Storm's arguments that Tornado Cash is not a custodial mixing service and that he was not able to control the service or block criminal entities from using it, providing evidence that Storm and his co-founders maintained control over the mixer. Storm is set to go on trial in September, while Semenov remains at large.

According to a research report by Grayscale, tokenization refers to registering ownership of assets on the blockchain infrastructure. Assets can benefit from the functionality of the blockchain in the form of tokenization, including more efficient settlement and the ability to interact with smart contracts. In most cases, modern financial systems are already quite efficient, and tokenization itself may not immediately lead to efficiency gains. Instead, we believe the main benefits may come from integrating users, assets, and applications into a common global platform. From the perspective of the crypto market, while various assets may benefit from the trend of tokenization, the most promising assets may be protocols that can provide a universal global platform. Currently, Grayscale research believes that the Ethereum blockchain is most likely to achieve this goal in the future. In addition, the report states that the first application of tokenization technology is stablecoins, which tokenize the simplest and most liquid asset: cash. Following stablecoins, the next tokenized asset to be widely adopted is gold. The latest wave of tokenization is mainly concentrated in two different markets: US government bonds and closely related assets, as well as credit products.

According to Lookonchain's monitoring, 6 hours ago, Alameda transferred 7.44 million 1INCH tokens (worth $3.2 million) to Wintermute and may sell 1INCH tokens through Wintermute. The last time Alameda transferred 7 million 1INCH tokens (worth $4.3 million) to Wintermute was on April 8th when the price of 1INCH was at a high level.

According to Arkham data monitoring, the grayscale address transferred about 411 BTC to Coinbase Prime last night, and about 14 hours ago transferred 1003 BTC to Coinbase Prime address again, worth about $64.18 million.

Blockchain data tracking company Arkham has discovered a Bitcoin wallet address related to WisdomTree's ETP WBIT asset management company. WBIT holds 8,900 BTC in 134 wallets, worth approximately $579 million.

According to on-chain analyst @ai_9684xtpa, in the past 7 hours, Sun Yuchen has accumulated a total of 166 million USDT deposited into Binance.

Address TLbkc...eRxuB: 78.6 million WSTUSD redeemed from Justland and deposited into Binance after being converted to USDT a week ago;

Address TXNL4...PD752: 85.53 million USDT redeemed and deposited into Binance 7 hours ago.