VC Roundup: Investments in Web3 startups top $1B in July

[Solana Founder Toly Emphasizes Staking Mechanism Over Token Buybacks for Building Long-Term Capital Structure] Solana founder Toly responded on the X platform to Jupiter co-founder’s question about 'whether to continue token buybacks or provide growth incentives for existing users,' stating that capital formation in traditional finance typically takes over 10 years, while the staking mechanism in the crypto industry is the closest to this kind of long-term capital structure. He believes that participants willing to hold long-term can dilute the rights of short-term holders through the staking mechanism, and protocol profits can be deposited as assets claimable by tokens in the future. Users can earn token rewards by locking and staking for one year, and long-term stakers will gain a larger share of equity as the protocol’s balance sheet expands. Regarding the question of 'how to prevent hedging-based short-selling arbitrage,' Toly pointed out that equity is tied to the protocol’s future profits and increases as revenue grows.

[PEPE Whale's Unrealized Loss Narrows to $14.24 Million] On-chain analyst Ai Yi's monitoring shows that the PEPE whale, with a 100% win rate in swing trading, has accumulated 13,100,000 PEPE tokens since opening their position in June 2024, with an average cost of $0.00001683 per token. During this period, the price dropped to a low of $0.00000279 (October 11), resulting in an unrealized loss of $18.43 million and an 83.4% drawdown on single-token assets. Currently, the unrealized loss has narrowed to $14.24 million, and PEPE would need to rise by 281% to break even.

[A Whale Deposited 74,002 ZEC to Binance] According to Lookonchain monitoring, a whale deposited 74,002 ZEC to Binance today, with a total value of $35.75 million.

According to the data of major single orders in the past 12 hours, the selling volume reached $143 million, while the buying volume was only $45.54 million. The main net outflow was $97.04 million, with a buying to selling ratio of 1:3.13, indicating a strong willingness to short. Especially on the morning of January 3rd, the main force continuously hit the market, with a single highest transaction volume of $37.44 million, directly suppressing the upward space of prices. The 2-hour cycle K-line shows that the current trading volume has shrunk to 36% of the average level, and market activity has significantly decreased. Coupled with the MACD dead cross and KDJ dead cross, it further confirms the short-term pullback pressure. Main order tracking: Accurately capture the main trend and lock in the turning point of the market in advance! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

Binance AAVE/USDT perpetual trading volume surged 11 times within 10 minutes, with a turnover of $190 million in the past 24 hours, an increase of 6.10% 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 Binance contracts ranks first in the world