ChainCatcher news, according to Lookonchain monitoring, after the BTC price pullback, 3 whales collectively bought 1,153 BTC (approximately 120 million USD)."bc1qkv...t44v" withdrew 501 BTC (approximately 52.24 million USD) from Bitfinex 30 minutes ago."bc1pjq...sjpc" withdrew 551.5 BTC (57.28 million USD) from Binance in the past 2 hours."1L7gnf...xeTs" withdrew 100 BTC (10.42 million USD) from Binance 1 hour ago, and this whale has withdrawn a total of 1,418 BTC (148.78 million USD) from Binance in the past 2 days.

ChainCatcher news, Matrixport released today's chart stating that Grayscale has submitted an application to convert the Solana Trust into a spot ETF. Although the current assets under management for this product are relatively small at $134 million, if approved, it will set an important market precedent for other ETF issuers. It is particularly noteworthy that Solana's financing rate currently reaches an annualized 70%, putting immense pressure on leveraged long positions. Historical experience shows that similar high financing rates are often associated with price corrections, as seen in March this year when the SOL-USDT price experienced a pullback under a similar financing rate backdrop.In the weekly report "Matrix on Target," it was mentioned that after Trump's election as president, he is expected to nominate crypto-friendly legal advisor Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). If this nomination comes to fruition, it is expected to have a positive impact on the crypto industry.

ChainCatcher message, Matrixport stated on platform X that since the March Cancun upgrade (Dencun), Ethereum blockchain revenue has significantly declined. Historical data shows that ETH prices are closely related to revenue fluctuations, and some analysts even calculate the yield by dividing annual revenue by Ethereum's market capitalization. The sharp decline in revenue suggests that ETH may experience a pullback. However, from August to September, Ethereum revenue has doubled, indicating that the most severe decline may have ended. If this trend continues, ETH may welcome a rebound.

ChainCatcher news, according to The Block, CryptoQuant analysts stated that the Bitcoin price has fallen below the on-chain realized price of $65,800 for traders, which is a key support level for the bull market. As Bitcoin has broken through this critical price support level, it may indicate a pullback of 8%-12%, potentially leading the price down to $60,000.