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The spot Ethereum ETFs have seen two consecutive days of net inflows.
VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
- 00:52In the past 4 hours, the total network liquidation exceeded 291 million USD, primarily short positions.According to Odaily, Coinglass data shows that in the past 4 hours, the total network liquidation was 291 million USD, with short positions liquidated for 275 million USD and long positions for 15.3285 million USD. Bitcoin had liquidations of 176 million USD, and Ethereum had liquidations of 46.2375 million USD.
- 00:51A certain whale has once again leveraged up to go long on ETH, with the liquidation price nearing $1586.According to Odaily, a certain whale has leveraged up again to go long on ETH through circular lending. Two hours ago, they borrowed 34.75 million USDT via Aave and purchased 19,972.8 ETH at an average price of $1740. It's worth noting that last month, this address sold 30,894 ETH at $1790 to stop losses due to an ETH drop, resulting in an approximate loss of $40 million. The new leveraged position of 50,000 ETH now faces liquidation risk at a price of $1586.8. If ETH experiences another significant pullback, they may repeat the same mistake.
- 00:51Goldman Economists: U.S. Economic Data Expected to Weaken This SummerAccording to ChainCatcher, Goldman Sachs economists forecast that due to tariffs and policy uncertainty weighing on the economy, U.S. GDP in the fourth quarter will only grow by 0.5% compared to the fourth quarter of 2024. Currently, business and consumer surveys indicate an economic slowdown, but official economic data has yet to show this sign. They speculate that economic indicators may start to more clearly demonstrate a recession by mid to late summer. "The evolution of data in recent weeks is consistent with previous 'event-driven' growth slowdowns. However, it is still too early to draw strong conclusions from the currently limited data."