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Last night in the US market, Coinbase and Kraken saw a long absence of intensive large-scale market buying: -Coinbase actively bought $87.31 million, with a net purchase of $30.48 million; -Kraken actively bought 28.44 million US dollars, with a net purchase of 13.9 million US dollars. During the same period, Coinbase, Kraken, and OKX did not see significant limit price shipments, and actively bought to gain pricing power, pushing ETH to rise to a maximum of $2335. But currently, the main funds in the Asian market are beginning to shift: active selling and limit opening at high levels, with a maximum single transaction of $36.88 million, ETH's current price fluctuating around $2250, and entering the profit taking stage in the short term. Next, let's focus on whether there is another large-scale market price rush to raise funds on various platforms. If buying returns, the market still has financial support; If the Asian market continues to sell and open short, it is necessary to prevent the deepening of the pullback. A regular candlestick can only see ETH rise by 20%; PRO's' Large Transaction 'allows you to see who is competing for funding and who is exiting at a high level. Open PRO and promptly track the key nodes of the main funds' transition from buying to selling. The data is for reference only and does not constitute investment advice.
[Binji Pande: Joining Ethereum Labs, Focusing on Ethereum Ecosystem and ETH Growth] Binji Pande announced that he has joined Ethereum Labs as a founding member, with future work focusing on the Ethereum ecosystem and the growth of ETH.
[UBS Research Report Indicates Murata Manufacturing Has 20% Production Increase Potential, Product Mix Upgrade Drives Margin Growth] According to Trend Research, UBS's August 18 research report pointed out that Murata Manufacturing's Takeo Fukui plant has a 20% production increase potential through yield improvement and process optimization with its existing equipment. UBS maintains a 'Buy' rating for Murata Manufacturing, with a target price of ¥13,200. Murata Manufacturing is shifting general-purpose products overseas while focusing its Japanese factories on advanced products. The product mix upgrade is expected to drive operating profit margins from 15.4% in fiscal year 2026 to 37.6% in fiscal year 2029. UBS evaluates that the industry structure is likely to improve over the next six months, with a potential upward revision of performance guidance around October 31.
CZ stated at the SALT conference held in Jackson Hole, Wyoming, USA that the Bitcoin market still follows a four-year cycle and is currently in a bear market phase. CZ believes that the current period is the most favorable policy environment for the cryptocurrency industry in its 12 years of operation, and the regulatory framework in the United States has a demonstrative effect on the world. CZ introduced that about 70% of YZi Labs' funds are invested in the core fields of encryption and blockchain, 20% in AI, and the rest in biotechnology. Regarding Hyperliquid, CZ stated that if it can enter the US market in a compliant manner, it will enable more Perp DEX and decentralized services to cover users worldwide.
According to Onchain Lens monitoring, BIT com extracted 894.72 BTC worth 61.93 million US dollars from Binance; Three hours ago, 3.38 BTC worth 234000 US dollars were extracted.
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