News linked to both this project and an event.
According to on-chain analyst Ai Yi, a new address (0xF37…06143) withdrew 9,823 ETH from Coinbase 9 hours ago, worth approximately $27.03 million, at a withdrawal price of $2,752.14.
Odaily News: A person familiar with the matter revealed that the U.S. Commodity Futures Trading Commission (CFTC) is investigating Kalshi for suspected wash trading. Since August, Kalshi traders have executed nearly 1 million trades in the Ethereum futures market, with each trade being almost identical in size, drawing the attention of federal regulators and traders. Kalshi stated that there is no fake trading on the platform, and that the recurring quotes are fixed quotes posted by market makers, which faster traders seize upon. Kalshi co-founder Luana Lopes Lara said that attracting large traders to new markets to promote broader adoption is not uncommon.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, a whale/institution accumulated 37,000 ETH two months ago through a Galaxy Digital OTC deal at an average price of $1,923. Today, it purchased another 15,000 ETH at $2,751, worth $41.26 million. It now holds a total of 52,000 ETH, worth $143 million, with an average cost of $2,161 and an unrealized profit of $31.1 million.
According to monitoring by on-chain analyst Yu Jin, the FTX / Alameda Research asset liquidation team transferred 27,372 ETH worth $75.32 million to Wintermute through 6 wallets 3 hours ago, suspected to have entrusted Wintermute with selling. The relevant address is 0xCe84...f228.
Prominent trader Bonk Guy stated that Bitcoin has reclaimed the $86,000 level and is in a clear uptrend. As fourth-quarter seasonal patterns approach, he believes USELESS deserves close attention. Bonk Guy further noted that USELESS has outperformed mainstream crypto assets such as BTC, ETH, SOL, DOGE, SHIB, and PEPE across multiple timeframes during this cycle. Indicators including whale inflows, perpetual open interest, trading volume, on-chain holder counts, and liquidity are all trending upward. He suggests it could emerge as this cycle's "Dogecoin/SHIB," with a market capitalization potentially exceeding $10 billion. USELESS currently represents only a small fraction of the approximately $38 billion meme coin market. Should the meme coin sector see a repricing in the fourth quarter, its upside potential could expand even further.
According to Lookonchain monitoring, a whale has purchased another 4,500 ETH, worth $12.38 million. This whale previously bought 37,000 ETH at an average price of $1,922, worth $71.13 million, and currently has over $30 million in unrealized gains.
According to on-chain analyst Ai Yi, the address added 2,000 ETH 10 minutes ago, with a cumulative average entry price of $2,012.38.
Wintermute released its weekly market report, as the Federal Reserve voted unanimously 12-0 on September 21 to raise interest rates by 25 basis points to 3.75%-4.00%. Sixteen officials project at least one more rate hike this year, with inflation not expected to return to the 2% target until 2029. Two key catalysts previously monitored by the market—the FOMC rate decision and the CLARITY Act—have both materialized: the CLARITY Act failed to advance in the Senate (49-50 vote, falling short of the 60-vote threshold), prompting the SEC and CFTC to immediately state that they would establish crypto regulatory frameworks under their current authority. The market adjusted for only a single trading session before reclaiming its losses. BTC traded between $75,000 and $81,000 this week, closing at $81,159—the first time since last November it has breached the 50-week moving average; ETH gained 6.7%, trading in the $2,350–$2,600 range. Regarding ETF capital flows, net outflows totaled $746 million from Tuesday to Wednesday, partially reversed by $593 million in inflows from Thursday to Friday, resulting in a five-day net outflow of approximately $6 million. Outflows triggered by the CLARITY Act were nearly fully offset within 48 hours. At the start of this week, both BTC and ETH broke above the range resistance ahead of the U.S. equity market open. Fueled by approximately $250 million in short liquidations, BTC briefly surged to $86,000, setting an eight-month high. Wintermute’s analysis suggests:
Odaily News: According to monitoring by Ai Yi, a certain whale has purchased 37,000 ETH through OTC since July, and after a one-month hiatus, has added to its position once again. Ten minutes ago, it received 2,500 ETH worth $6.868 million from a Galaxy Digital OTC address. Since July 22, this whale has accumulated a total of 39,501 ETH, with a position value of approximately $78 million and an average price of $1,974.72, now sitting on unrealized gains of $30.62 million.
Famous trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, shared a long-term outlook on Ethereum, stating that with the current Ethereum price around $2,794, a breakout above the $5,000 resistance could see prices rise to approximately $8,600. Additionally, Peter Brandt believes XRP's long-term target could reach $5.40.
According to on-chain analyst Ember monitoring, this whale bought 5,368 ETH with 13 million USDC 5 days ago at an average buy price of $2,422; about half an hour ago, they sold all of it for 14.7 million USDC at an average sell price of $2,739.
Odaily News: According to monitoring by on-chain analyst Yu Jin, this trader opened BTC and ETH long positions at the end of August at prices of $78,672 for BTC and $2,469 for ETH. At noon today, they closed a 1,000 BTC long position at a price of $87,142, corresponding to a value of $87.14 million; they currently still hold 400 BTC and 50,000 ETH long positions, worth approximately $170 million, with unrealized profit of $15.57 million.
According to Lookonchain, a mysterious whale swapped another 200.71 Bitcoin (BTC) for 6,247 Ethereum (ETH) today, with a transaction value of approximately $17.2 million. Over the past six days, this whale has cumulatively converted 1,308 BTC into 40,670 ETH, totaling around $104 million, and has staked all the acquired ETH.
Odaily report: According to monitoring by on-chain analyst Ai Yi, an address opened a long position of 41,228.48 ETH at an average price of $2,693.92 with 10x leverage at 23:28 last night during ETH's price rally. It is currently the fourth-largest ETH position on Hyperliquid, with an unrealized profit of $1.524 million over 11 hours. This address had previously closed long positions on BTC and ETH at a profit, earning a combined $3.283 million from the two trades, and currently holds a 100% win rate.
Odaily reports, according to on-chain analyst Aunt Ai's monitoring, a mysterious entity has been buying ETH for 5 consecutive days since September 18, accumulating a total position of 21,520 ETH worth $55.8 million, with purchase prices ranging from $2,450 to $2,762. Currently, the average holding cost of this ETH is $2,593, with an unrealized profit of $3.253 million. Over the past 9 hours, 4 associated new addresses purchased 6,247.2 ETH.
According to on-chain analyst Yujin, a whale who transferred 40 million USDC to Binance yesterday has completed an Ethereum (ETH) purchase, acquiring 14,783 ETH at an average price of $2,706.
According to on-chain analyst Ai Yi, an address withdrew 7,216 ETH from Binance one hour ago. Since yesterday, this address has accumulated a total of 14,783 ETH, worth $39.9 million, with an average withdrawal price of approximately $2,699.44, currently sitting on an unrealized gain of $720,000. This address previously bought low and sold high on ETH in August, earning a profit of $3.666 million.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, an OG whale who participated in Ethereum's ICO in 2015 and once received 38,800 ETH sold 11,552 ETH at $2,027 six months ago, exchanging it for $23.42 million. In the early hours of today, this whale bought back 8,630.6 ETH for $23.726 million at an average price of $2,749. This swing trade resulted in a loss of 2,921 ETH, worth $8.03 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, after ETH rose today, a whale/institution transferred 48,048 ETH to Bitfinex about half an hour ago, worth $130 million. This entity accumulated 124,021 ETH three years ago at a price of $2,028, and over the past two days took profit on 81,228 ETH at a price of $2,669, for a cumulative gain of $52.07 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the Garrett Jin whale entity (0x92ea...50e9) closed a 1,333 BTC long position opened 3 days ago at $78,057, worth $112 million, 20 minutes ago. The closing price was $84,455, resulting in a profit of $8.38 million. This entity previously closed a ZEC short position early this morning. It currently has no positions on Hyperliquid, and the on-chain address still holds BTC, ETH, ZEC, and other spot assets.