According to on-chain analyst @ai_9684xtpa, 50 minutes ago, the suspected METIS market maker address recharged 56,144 METIS to Coinbase again after a four-month hiatus, worth $3.44 million.

L2 network Metis announced on X platform that the second phase of their Decentralized Sequencer is about to launch, which will support sequencer mining. Users will be able to lock METIS through Artemis and ENKI Protocol to receive network income, and support further liquidity staking of METIS within Metis.

Metis announced that it will activate a hard fork at approximately the 16,500,000th block in about 7 days to complete the second phase of its decentralized sorter upgrade. In the first phase, Metis added multiple nodes to the sorter pool and introduced sorter rotation, greatly improving the network's anti-censorship capabilities and activity. The second phase of this upgrade will introduce features such as multiple transactions within a single block, transaction pools, and sorter rewards, making Metis the first Ethereum layer 2 scaling solution to achieve decentralized sorting.

According to official sources, Metis plans to decentralize its sorter through an important upgrade on March 14th Beijing time. The upgrade process will require the network to be temporarily suspended from 10:00 am tomorrow, and the network will resume operation immediately after the upgrade is completed.

According to market data, METIS fell back to 137.35 USDT after hitting 147 USDT after opening on Binance, with a 24-hour increase of 57.31%.

According to 0xScope data reported by Jinse Finance, a large amount of funds flowed out of METIS today, with about 137,000 METIS tokens (worth about $14 million) leaving the market. In addition, decentralized exchange trading volume surged by 343.41% today, and a whale increased their Bitcoin holdings by 3.68%.

According to on-chain analyst @ai_9684xtpa, smart money that bought METIS at an average price of $86.78 three weeks ago has made a paper profit of $856,000. The address currently holds 16,000 tokens and has not transferred or sold them yet.

According to OKX market data on March 11th, influenced by "Binance will launch Metis", METIS broke through $145 with a 24-hour increase of 31.54%.

On March 11th, Binance will list Metis (METIS) with a seed tag.

OKX Web3 wallet DEX has added support for the Metis network. Users can exchange Metis network assets and conduct cross-chain transactions with 14 mainstream public chain assets through OKX DEX, and enjoy the best cross-chain depth and pricing. It is reported that the OKX Web3 wallet DEX section is a DEX and cross-chain aggregator, which has aggregated more than 10 cross-chains, more than 20 public chains, and more than 300 DEXs. Through X Routing intelligent routing, a transaction can use multiple DEXs at the same time, providing users with the best price, best liquidity, and 0 transaction service fee. It also has DEX market section, limit orders, KYT security detection and other functions.