ChainCatcher news, according to Token Terminal data, in November 2024, both Bitcoin and Solana set historical highs in trading volume, with BTC trading volume reaching $2.2 trillion and SOL reaching $243 billion. Meanwhile, ETH trading volume was $1.1 trillion, down about 50% from its peak in 2021.

According to ChainCatcher news, on-chain analyst Yu Jin monitored that a certain whale made a "manual MEV" the night before yesterday, and last night (8 hours ago) re-entered the full position to buy ETH, starting his twelfth round of ETH trading: spending 26.82 million USDT to purchase 10,083.2 ETH at a buying price of 2,660 USD. In the previous eleven rounds, there were ten profitable trades and one loss.

According to ChainCatcher's message and data tracked by CCData, since the debut of 9 Ethereum spot ETFs on July 23, the order book liquidity of ETH has been declining.Since the launch of the ETF, the average 5% market depth of ETH trading pairs on U.S. centralized exchanges has decreased by 20%, down to about $14 million. On offshore centralized exchanges, this figure has dropped by 19%, to around $10 million. In other words, the spot price is now actually more susceptible to fluctuations of 5%, indicating reduced liquidity and increased sensitivity to large orders.CCData research analyst Jacob Joseph stated that although the liquidity levels of ETH trading pairs on centralized exchanges are still higher than at the beginning of the year, liquidity has decreased by nearly 45% since peaking in June. This may be due to poor market conditions and the seasonal effects of summer, which are typically accompanied by reduced trading activity.

ChainCatcher message, Kryptanium Capital founder Daniel Yan stated on X: "After three failed attempts earlier this year, the SOL/ETH trading pair has finally broken through the daily and weekly highs. The implications here are not simple. The resistance for SOL's movement has decreased by one more in the coming months."

ChainCatcher news, the crypto market data provider Kaiko stated that despite the spot ETH ETF attracting over $1 billion in trading volume on its first day, the ETH trading volume on centralized exchanges has seen little change.

ChainCatcher news, according to PR Newswire, Hong Kong's Ade Financial announced that it will soon launch Bitcoin and Ethereum trading features through its smart trading application Eddid ONE. Eddid ONE will become one of the smart trading applications in Hong Kong that integrates virtual assets, Hong Kong and US stocks, futures, foreign exchange, and funds. This virtual asset trading service will be open to all investors.Ade Securities and Futures Limited has previously obtained approval from the Hong Kong Securities and Futures Commission to upgrade its license, allowing it to provide virtual asset and related product distribution services to retail investors. Ade Securities and Futures has also been appointed as one of the first six participating securities firms for Bitcoin spot exchange-traded funds and Ethereum spot exchange-traded funds in Hong Kong, providing physical subscription and redemption services as well as the first-ever virtual asset spot ETF financing expansion service in Hong Kong.

ChainCatcher news, according to on-chain analyst Yu Jin's analysis, the large ETH transaction by Kelp DAO today is Kelp DAO depositing users' coins into EigenLayer, most of which were deposited by Sun Yuchen into Kelp DAO early this morning.Previous news, Kelp DAO's address transferred a total of 53,041 ETH in two transactions, worth nearly 200 million dollars.

ChainCatcher news, Hong Kong listed company BC Technology announced that its licensed virtual asset trading platform OSL is expanding its partnership with Victory Securities to the Hong Kong retail market.In addition, BC Technology stated that Victory Securities is the first licensed corporation in Hong Kong approved by the Securities and Futures Commission to provide virtual asset trading and advisory services to retail investors. Previously, the collaboration between the two parties was limited to professional investors, and now Victory Securities will support Hong Kong retail customers in trading BTC and ETH virtual assets through the OSL platform.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the whale address starting with 0x828, which primarily focuses on ETH breakout trends, has re-purchased 9,131 ETH today at an average price of $1,971.It is reported that this address previously exchanged a total of 17,500 ETH for 33.74 million USDC at an average price of $1,928 on the evening of August 17, retaining 2,500 ETH in the address.

ChainCatcher message, Binance will stop trading and delist the BETH trading pairs at 8:00 UTC on October 11, including BETH/ETH, BETH/USDT, and BETH/BUSD. After trading is halted for each respective trading pair, all pending trade orders will be automatically removed. Additionally, Binance will simultaneously terminate the trading bot services for the aforementioned spot trading pairs.It is reported that BETH will continue to be used for ETH staking reward distribution. WBETH can be used for trading, as collateral for Binance staking loans, and to participate in DeFi projects on non-Binance platforms. Binance will continue to support BETH, and users can still deposit BETH into Binance.Users holding BETH in their spot wallets will continue to receive ETH staking rewards daily. Users can redeem BETH for ETH at any time, wrap BETH into WBETH, or unwrap WBETH back into BETH tokens. WBETH holders will receive the same ETH staking rewards as BETH holders.

ChainCatcher news, according to The Block, Fidelity Digital Assets will begin offering ETH buying, selling, and transferring features to its institutional clients on October 28.It is reported that Fidelity Digital Assets is an independent subsidiary of the financial services company Fidelity Investments, focusing on digital assets. The company launched Bitcoin trading and custody products in 2018 and obtained a trust charter from New York's financial services regulator in 2019. (The Block)

ChainCatcher news, FTX founder Sam Bankman-Fried (SBF) tweeted that reports from blockchain media Cointelegraph are sometimes incorrect, and the ETH trading functionality on the FTX exchange will continue during the merge. Meanwhile, FTX remains open for ETH deposits/withdrawals.It is reported that Cointelegraph previously stated that FTX announced the suspension of all ETH trading on various blockchains until the upgrade is completed. (source link)