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Quick Take A wallet that had been dormant since 2011 moved 3,962 BTC, worth about $468 million, following a test transaction on Thursday. The transfer caps a month of whale awakenings, including a $1.26 billion shift on July 23 and over 80,000 BTC moved by a separate address since July 4.
Quick Take Strategy has boosted its Stretch preferred offering from $500 million to $2 billion, pricing shares at $90 with a 9% cumulative dividend. The proceeds will finance additional bitcoin buys, expanding Strategy’s current 607,770 BTC treasury.
The crypto market saw its first daily decline after four days of gains, with altcoins falling harder than Bitcoin.
Ethereum developers are proposing a gas limit increase to boost Layer-1 throughput. Solana devs are also planning a 66% block limit upgrade.
BONK price gained 6% on July 24 following a massive 500 billion token burn, making it the only top-5 Solana memecoin trading in green despite sector-wide declin
- 04:38Suilend announces suspension of IKA lendingOn September 9, Suilend, a lending protocol in the Sui ecosystem, officially announced the suspension of IKA borrowing until further notice. Earlier this morning, IKA surged from $0.04 to $0.47, and some IKA loans were liquidated at excessively high valuations, causing positions to subsequently incur losses and resulting in a funding gap of $379,000. IKA depositors were affected, with each IKA depositor's IKA deposit balance reduced by 6%. According to previous reports, IKA experienced a "flash spike" of 700% at 5:11 AM (UTC+8) before retracing, with IKA seeing $2.2189 million in liquidations over 24 hours, including $2.1157 million in short liquidations.
- 04:32Suilend: Suspends IKA lending as the IKA market faces a $379,000 gap due to a surge in priceAccording to ChainCatcher, Suilend announced that the price of IKA surged from $0.04 to $0.47, resulting in some loans being liquidated at overvalued prices and causing a market shortfall of approximately $379,000. This loss has been borne by IKA depositors, with each depositor's balance reduced by about 6%. Currently, IKA lending has been suspended, and funds in other markets on the platform remain secure.
- 04:17Data: Ethereum spot ETF saw a total net outflow of $96.6862 million yesterday, marking six consecutive days of net outflows.ChainCatcher News, according to SoSoValue data, the total net outflow of Ethereum spot ETFs yesterday (Eastern Time, September 8) was 96.6862 million USD. The Ethereum spot ETF with the highest single-day net inflow yesterday was the Fidelity ETF FETH, with a single-day net inflow of 75.1534 million USD. Currently, FETH's historical total net inflow has reached 2.553 billions USD. Next was the Grayscale Ethereum Mini Trust ETF ETH, with a single-day net inflow of 11.3097 million USD. Currently, ETH's historical total net inflow has reached 1.395 billions USD. The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of 193 million USD. Currently, ETHA's historical total net inflow has reached 12.62 billions USD. As of press time, the total net asset value of Ethereum spot ETFs is 27.386 billions USD, with the ETF net asset ratio (market value as a proportion of Ethereum's total market value) at 5.28%. The historical cumulative net inflow has reached 12.629 billions USD.