ETH falls below the $4600 mark

[Main password: Huang Licheng's position has a floating profit of 2.05 million US dollars, and the main player has traded 500 million US dollars betting on this direction] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

[UBS Warns of Increased U.S. Treasury Risk Premium Due to Fed Politicization] Paul Donovan, Chief Economist at UBS Global Wealth Management, stated that the increasing politicization of the Federal Reserve could lead to higher risk premiums in the U.S. bond market due to inflation uncertainty. This trend would drive up real borrowing costs, increase the U.S. government's debt repayment pressure, thereby reducing fiscal stimulus capacity and dampening corporate investment. Furthermore, this situation could weaken the U.S. dollar's status as a reserve currency, though it would not completely undermine its dominance. Last Friday, Federal Reserve Chair Jerome Powell left room for a rate cut in September during the Jackson Hole meeting but did not outline a clear mid-term policy framework or strongly defend the Fed's independence. Meanwhile, U.S. President Donald Trump has recently continued to pressure the Federal Reserve to take action on rate cuts.

The US stock market opened lower, with the Dow Jones Industrial Average falling 84 points, the Nasdaq falling 32 points, and the S&P 500 index falling 0.15%.

[Fraud Service Vanilla Drainer Steals Over $5 Million in Crypto Assets Within Three Weeks] Blockchain investigation firm Darkbit disclosed that the fraud service Vanilla Drainer has stolen at least $5.27 million in cryptocurrency in just three weeks. The service assists fraudsters in stealing funds by providing phishing software and takes a 15%-20% commission from the proceeds. Vanilla Drainer has been active since October 2024, with advertisements claiming it can bypass the security detection platform Blockaid. On August 5, the platform carried out its largest single theft, causing victims to lose $3.09 million in stablecoins, while the fraud operators profited $463,000. The stolen funds are typically converted into ETH or non-freezable DAI and eventually flow into a fee wallet currently holding tokens valued at $2.23 million. To evade tracking, Vanilla Drainer frequently changes domain names and generates new contracts for each malicious website.

Bitget ICP/USDT's perpetual trading volume surged 14 times within 10 minutes, with a turnover of 3.04 million US dollars in the past 24 hours, a decrease of 3.46% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally