ETH chip area changes, key position signals highlighted

The yield of 30-year US Treasury bonds has exceeded 5%, reaching a 20-year high, while the yield of 10-year Japanese bonds has risen to 2.8%, reaching a 30-year high. The sharp drop in the Korean stock market triggered a circuit breaker, causing the price of gold to fall below $4500. Pruya Misra, portfolio manager at JPMorgan Asset Management, stated that concerns have arisen over the global rise in long-term interest rates and expectations of a Federal Reserve rate hike. Investors believe that the Middle East standoff blocking the Strait of Hormuz will continue to increase bond pressure.

[Tom Wan: ETH Utilization Rate Drops Below 90%, Deposit Volume Significantly Reduced] According to on-chain analyst Tom Wan, the ETH utilization rate has fallen below 90%, and the lending APY has dropped to 1.9%. Since the rsETH LayerZero cross-chain bridge attack, the deposit volumes of wstETH and weETH have decreased by approximately $1.2 billion (around $1.2 billion) and $1.76 billion (around $1.76 billion), respectively. As the wstETH/weETH leveraged loop strategy against ETH returns to profitability, the market is focusing on whether demand for ETH leveraged loops will rebound or if funds will flow toward protocols like Spark and Morpho.

According to Kelp's post on X platform, cross chain support for rsETH on 20 chains including Optimism, Manta, Mode, etc. will be discontinued after June 15th. Kelp reminds users to bridge back to the Ethereum mainnet before the deadline. After June 15th, applying for asset recovery requires paying a handling fee of 100 USDC per address. The specific process will be announced separately.

Japan's 30-year treasury bond bond yield rose 17 basis points to 4.170%, a record high. (Golden Ten)

According to on chain analyst Ai Yi's monitoring, addresses 0xB4d... B186a have once again sold WBTC worth $155 million, with a total of $357 million in tokens sold in the past three days. This address has frequent interactions with the block builder Titan builder, and currently has on chain assets of $125 million, 95% of which are ETH and WBTC.