Dogecoin has rallied 23% over the past week, driven by increased retail participation through platforms like Robinhood and Binance. XRP volumes have spiked on Korean exchanges, while Cardano, TRX, and AVAX are all trading firmly in the green.
According to data from JAN3 Financial, a cryptocurrency service provider, on July 12th, with the continuous net inflow of US Bitcoin spot ETFs, the demand for Bitcoin in ETFs on July 9th and 10th far exceeded the daily Bitcoin production, with demand being 22.14 times and 19.39 times the production, respectively.
According to BlockBeats, on July 12th, according to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, Arthapala, a suspected staking and verification service provider, has recharged 4120 ETH, approximately $12.196 million, to CEX in the past hour.
This address is suspected to have sold 118907 ETH since June 11, 2025, with a total value of up to 202 million US dollars and an average recharge price of 2546 US dollars.
Odaily Planet Daily News: Nate Geraci, President of The ETF Store, stated in an article on X platform that since its launch in January 2024, the US Bitcoin spot ETF has only had inflows exceeding $1 billion in seven days, with two days occurring in the past two days. Prior to this, the last time the inflow exceeded $1 billion was on January 17th of this year, with an inflow of $1.07 billion on that day.
