On July 9th, the Ethereum Foundation (EF) announced the official dissolution of the Protocol Support team, sparking widespread attention in the cryptocurrency community. This team is mainly responsible for protocol coordination, EIP promotion, core developer meetings, and EPF plans, and is not a core development team. This adjustment is part of EF's organizational restructuring. The foundation has previously announced: Layoffs of approximately 20% Annual budget reduction of approximately 40% Organizational restructuring into five core work clusters Why disband? EF hopes to shift from a "manager" to a "guardian", reduce centralized coordination, and allow more development work to be jointly driven by the community, research institutions, and developers, further practicing Ethereum's decentralized concept. 📉 What impact does it have on ETH? If we look at the development philosophy of Ethereum, this is more like an active decentralization reform. ⚠️ There will be some adjustment costs in the short term, but the Ethereum core development and upgrade plan will not stop as a result. ✅ In the long run, it helps to enhance ecological autonomy and sustainable development. Register now and start your Ethereum journey: https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=5

According to @ ai_9684xtpa monitoring, a certain whale address withdrew 9883 ETH worth approximately $17.73 million from Binance 8 hours ago. Since July, this address has accumulated 4.445923 million ETH and 250 WBTC positions, with average withdrawal prices of $1692.83 and $626.28, respectively. Currently, it has a floating profit of $4.755 million.

According to Lookonchain monitoring, a trader turned to long NVDA after losing $4.4 million on SKHX and failing to make a profit on two long positions. They opened 96251 long positions in NVDA with 3x leverage, valued at $20.22 million.

Elliptic announced on X platform that it has received investment from Circle Ventures, but the specific amount has not been disclosed. Elliptic completed a $120 million Series D funding round in May, led by One Peak, Nasdaq Ventures、 Deutsche Bank and British Commercial Bank are involved. Circle joins Elliptic's Agentic Design Partner Program, which brings together infrastructure providers, compliance leaders, and technology teams to develop agent compliance solutions.

According to EmberCN monitoring, an early giant whale address of "Binance Life" that had received a return of about 5000 times sold 2.5 million tokens worth approximately $1.7 million about 5 hours ago. The address currently has only 2.5 million tokens left and is expected to be cleared early tomorrow morning. The giant whale initially spent about $2480 to buy 18.5 million "Binance Life" tokens, and has now sold a total of 16 million tokens, cashing out approximately $11.12 million.