ChainCatcher news, Coinbase's research director David Duong stated that recent claims about the "largest short position in ETH history" are greatly exaggerated.He pointed out that in June, the net inflow of Ethereum spot ETFs reached $1.16 billion, while the short positions of leveraged funds on CME Ethereum futures increased from $466 million in early May to $1.6 billion on June 24, which is consistent with the inflow of ETF funds.Duong explained that this phenomenon is mainly driven by basis trading. Since the basis yield of CME Ethereum futures compared to spot has risen from an average of 6% in February to 8%-9% in May and June, it has attracted more institutions to participate in arbitrage by buying spot and selling futures, which does not indicate a pessimistic outlook on ETH.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Solana-based prediction market Melee has been the project with the most new followers among X (Twitter) Top personalities. New influential figures following this project include well-known cryptocurrency trader Ansem(@blknoiz06), anonymous Twitter KOL Inversebrah(@inversebrah), and BORED(@BoredElonMusk).

ChainCatcher news, Coinbase executive Conor Grogan stated on social media that the "14-year dormant Bitcoin ancient whale transferring $8 billion BTC" yesterday may involve the possibility of private keys being stolen or leaked.Conor discovered that one hour before the large-scale transfer of BTC assets from the whale wallet, one of the wallets conducted a test transaction of Bitcoin Cash (BCH) and immediately transferred out all BCH. Conor believes this behavior pattern is unusual, as other BCH wallets were not utilized, and BCH is generally less monitored by whale tracking services. This could be a discreet way to test the private keys, and he speculated that these wallets are unlikely to be exchange wallets.Conor stated that while this is just speculation, if true, it could be the largest digital asset theft in human history.

ChainCatcher news, according to Coinbase executive Conor Grogan, today the ancient whale transferring tens of thousands of BTC appears to be from a single miner from 2011.This miner consolidated 180 mining reward blocks, and in 2011, he had a wallet address containing 200,000 bitcoins, which is currently worth about 22 billion dollars, making it one of the top five Bitcoin wallets of all time.

ChainCatcher news, according to Coinbase executive Conor Grogan, a long-dormant whale that activated and transferred tens of thousands of bitcoins today may belong to a single miner from 2011. This miner consolidated 180 mining reward blocks and held approximately 200,000 BTC in 2011, which is worth about $22 billion at current prices, making it one of the top five Bitcoin wallets of all time.

ChainCatcher news, according to on-chain analyst Onchain Lens monitoring, ETH/BTC long investor James Fickel (@jamesfickel) has deposited 80,000 ETH into Coinbase Prime, worth approximately $204 million. Currently, the wallet still holds 7,278.87 Ethereum, worth about $18.56 million.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Solana-based token fair launch platform Cooking.City has been the project with the most new followers from X (Twitter) top personalities. New influential figures from X who have followed this project include SpiderCrypto(@SpiderCrypto0x), crypto KOL Killer Wolf (@Wolfy_XBT), and well-known KOL 0xSun(@0xSunNFT).

ChainCatcher message, according to on-chain analyst The Data Nerd (@OnchainDataNerd), Galaxy Digital withdrew 400 CBBTC (approximately $43.79 million) from Coinbase 7 hours ago.Currently, its main wallet holds 2,143 CBBTC (approximately $235 million), and additionally, there are 1,325 BTC on lending protocols AAVE, Spark, and Morpho (including 805 CBBTC, 420 BTCB, and 100 FBTC), worth approximately $145 million.

ChainCatcher message, Coinbase announced that a system upgrade will take place on Saturday, August 2, at 7 AM Pacific Time (11 PM Beijing Time). During this time, simple trading and advanced trading, deposits and withdrawals, as well as transferring funds from Coinbase and using the Coinbase Card will be affected and unavailable. Fund transfers will experience delays, with an expected impact duration of approximately three hours.

ChainCatcher news, according to the official announcement, Bitget has announced the launch of U-based ICNT and CBK perpetual contracts, and the contract trading BOT will be opened simultaneously.

ChainCatcher news, according to Ark Invest Daily data, Cathie Wood's ARK Invest reduced its holdings by a total of 3,067 shares of Coinbase stock COIN yesterday, worth approximately $1.08 million.

ChainCatcher news, according to official sources, Coinbase has announced the addition of Sky (SKY) and USDS (USDS) to the listing roadmap.

ChainCatcher news, according to Fortune, Coinbase has acquired the token management platform Liquifi, with specific terms of the deal not yet disclosed.It is reported that Liquifi's last funding round was in 2022 during the seed round, raising $5 million, led by the venture capital firm Dragonfly, with participation from Katie Haun and Balaji Srinivasan.In addition, well-known cryptocurrency companies such as the Uniswap Foundation, OP Labs, Ethena, and Zora use the platform to track cryptocurrency holdings, distribute tokens after the vesting period, and manage complex tax withholding processes.

ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform, pointing out that the value of ETH held on Coinbase's balance sheet has exceeded $335 million, and predicted that institutions like Robinhood may follow this allocation strategy. He believes that, although still in the early stages, competition around ETH's Layer 2 has already begun.

ChainCatcher news, according to market information, Coinbase once dropped over 4.33% during the session, currently down 3.79%.On Monday, Cathie Wood's Ark Invest sold 124,892 shares of Coinbase stock, worth approximately $43.8 million. The U.S. Supreme Court also denied a request on June 30 to protect Coinbase user data from IRS scrutiny.

ChainCatcher news, according to industry sources, the first USDT-based Layer 1 network Stable has released its roadmap:The first phase achieves the USDT base layer, using USDT as the native gas token, achieving sub-second block times and finality, and launching a stable wallet to enhance user experience;The second phase achieves the USDT experience layer, adopting optimistic parallel execution to improve transaction throughput, introducing USDT transfer aggregators and dedicated block space for enterprises to ensure efficient processing and consistent performance;The third phase achieves the USDT full-stack optimization layer, upgrading to a DAG-based consensus to improve speed and resilience, expanding developer tools and resources to facilitate dApp development.Stable is supported by relevant media and the USDT unified liquidity protocol USDT0, with the network using USDT as the native gas, and peer-to-peer USDT transfers being free. The project advisor is Paolo Ardoino. Stable's market positioning is for financial institutions rather than retail users. Currently, its internal testnet is online, and the team is guiding early builders to explore SDKs for wallet, application, and custody integration.

ChainCatcher news, according to official news, Coinbase announced that it will launch Wormhole (W).If liquidity conditions are met, trading will begin on July 2, 2025, at 9 AM Pacific Time or later. Once the supply of the asset is sufficient, trading of the W-USD trading pair will be rolled out in phases, and support for W may be limited in certain supported jurisdictions.