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According to ChainCatcher, Aave service providers have, together with stakeholders such as Ether_fi, KelpDAO, LayerZero_Core, and compound_xyz, submitted a governance proposal to the Arbitrum DAO, requesting the release of ETH previously frozen by the Arbitrum Security Council due to the rsETH incident. If the proposal passes, the funds will be injected into DeFi United to restore rsETH collateral assets and compensate user losses. The proposal is currently open for review and is soliciting feedback from the Arbitrum community.

On April 25, recently, long-standing declining cryptocurrencies have shown a rotating upward trend, with APE achieving a miraculous doubling overnight without any positive news. Notably, on-chain analysts quickly identified suspected insider trading activities related to APE, where a user made a precise long and short operation with only $170,000, achieving a 14-fold return on APE the previous night. Various signs indicate that there is a high degree of similarity in the trading strategies behind these recent market movements, where market makers profit from long-term declining tokens through highly controlled operations and leverage significant price fluctuations in the contract market using funding rate tools. According to crypto KOL Crypto Fearless, during the recent Hong Kong conference, a proactive market maker named HSBG became a hot topic, reportedly profiting over $120 million just by manipulating the RIVER project. It is said that this market maker has a level of influence over project teams comparable to that of centralized exchanges (CEX), even able to manipulate token unlocking schedules. As of the time of publication, several cryptocurrencies, including AXS and HYPER, continue to experience rotating increases. BlockBeats believes that participating in such market movements is akin to 'playing with fire,' carrying significant risks; users should exercise extreme caution and maintain strict control over their positions if they choose to participate.

Golden Ten Data reported on April 25 that the oil shock from the Strait of Hormuz has not yet led to a collapse in demand, as wealthy countries are tapping into inventories and securing supplies at high prices. However, traders are now warning: a sharp reduction in demand is approaching. According to traders, the longer the Strait of Hormuz remains closed, the more consumption will need to adjust downward to match a supply drop of at least 10%. To achieve this, people will have to cut back on purchases, either due to unaffordable prices or through forced government interventions to suppress consumption. Trafigura Chief Economist Saad Rahim stated that demand destruction is occurring in less visible pricing centers. This reduction is already underway, but if the situation persists, the scale of the demand drop will only grow larger. We are at a critical turning point.