OKX 多空持仓人数比创2019年10月以来新低，当前为0.41

The OKX H/USDT perpetual funding rate is currently -1.21%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

According to BlockBeats, on July 4th, former Ethereum core developer Eric Conner recently listed the three major catalysts for Ethereum's explosion: Stablecoins are continuously injected into the US dollar through Ethereum: with 21 consecutive months of growth, the monthly transfer volume now rivals Visa. Stablecoins are the cash engine on the chain, driving the sustained demand for ETH blockchain space. On the other hand, the net inflow of spot ETH ETFs reached $1.17 billion in June alone. The fund manager expects the size of ETH ETFs to reach several times this level in the second half of 2025. Finally, the CEX balance is only 9 million ETH, the lowest level since 2015. Eric Conner stated that Ethereum has been hovering between $2400 and $2600 for several weeks, with reduced trading volume and quietly appearing high and low points. Long term consolidation usually leads to drastic fluctuations. Therefore, if ETH firmly breaks through $2600, the trend may be rapid and drastic.

ETH has declined, with a trading volume of $42.8 billion in the past 24 hours and a circulating market value of $310.8 billion, representing a 1.07% decrease in market value. Data for reference only

According to BlockBeats, on July 4th, Lorenzo, an on chain asset management platform, officially launched its first OTF (On chain Traded Fund) testnet product - USD1+OTF, which is also its first U-shaped income product settled in USD1 stablecoin. It has been deployed on the BNB Chain testnet. This product is supported by Lorenzo's Financial Abstraction Layer, which integrates RWA earnings, quantitative strategies, and DeFi earnings. All earnings are settled in USD1, making Lorenzo one of the earliest projects to build real income products around USD1 and promoting its practical use in the on chain financial ecosystem. Users can participate in product testing by pledging USDT, USDC, or USD1 to obtain sUSD1+tokens representing the right to return, and experience a stable, diverse, and authentic return structure. Lorenzo's future vision is to build an on chain investment bank, focusing on providing standardized issuance, tokenization management, and fundraising services for income generating assets such as CeFi, RWA, and DeFi, bridging the gap between large-scale on chain funds and institutional level wealth management products.

According to official announcements, Binance contracts will be launched with BULLAUSDT and IDOLNUSDT U-based perpetual contracts. The specific time is: July 4th 17:00 (GMT+8 time): BULLAUSDT perpetual contract, with a maximum leverage of up to 50 times On July 4th at 17:15 (GMT+8 time): IDOLSUSDT perpetual contract, with a maximum leverage of up to 50 times