According to Lookonchain data, multiple whale addresses have deposited a total of 226500 SOLs into the exchange, with a total value of approximately 402 million US dollars. Among them, the Fireblocks Custody address stores 96996 SOLs worth approximately $175 million; Deposit 91890 SOLs worth approximately $160 million into Kraken starting with 5PjMxa address; The HiN7sS address was used to deposit 37658 SOLs worth approximately $67.3 million into Binance, resulting in a profit of approximately $1.63 million.
Monad Devs announced that the Monad BFT consensus mechanism will be launched on the public test network tomorrow, which is the first anti tail fork EVM consensus mechanism. The testing network will pause updates at 21:30 Beijing time to complete deployment.
Jito announced that its BAM functionality has been launched on the testnet and equipped with an initial validator cluster. This marks the first step towards introducing private and verifiable block construction into the Solana network. The public testing network is about to open, and the deployment of the main network will follow closely behind.
Previously, Jito Foundation launched BAM to optimize the block building method of Solana blockchain.
David Kelly, Chief Global Strategist at JPMorgan, stated that the Federal Reserve may take preemptive interest rate cuts, which could exacerbate inflation. He suggested that investors diversify their investments into alternative assets such as gold. JPMorgan expects gold prices to reach $4000 per ounce by 2026. In addition, economic data such as July CPI will be released on Tuesday, which is crucial for whether the Federal Reserve will cut interest rates in September.
According to Whale Alert monitoring, 339175331 USDC were transferred from Binance wallet to an unknown new wallet, and the specific reason has not been disclosed yet.
