ETH drops below 2050 USDT

Data: If ETH breaks through $2,161, the total liquidation strength of long positions on mainstream CEXs will reach $722 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,161, the total liquidation strength of long positions on major CEXs will reach $722 million. Conversely, if ETH drops below $1,958, the total liquidation strength of short positions on major CEXs will reach $488 million.

Bottoming out and aiming for a rebound by the end of the year! Standard Chartered predicts: Bitcoin may drop to $50,000, and Ethereum could fall to $1,400

Standard Chartered Bank has once again downgraded its short-term outlook for the cryptocurrency market, warning of a potential sell-off wave, and Bitcoin and Ethereum prices may fall to new lows. However, the bank expects a rebound by the end of the year. The main reasons are the setback in ETF investor confidence and the uncertain economic situation. Despite the short-term bearish outlook, the long-term prospects remain optimistic.

ETH core contributor reveals Tomasz's resignation内幕: Long-term power struggles within the Ethereum Foundation

Ethereum Foundation Executive Director Tomasz Stańczak has stepped down due to internal reform obstacles. Core contributor Greg stated that this was not unexpected, pointing out that the foundation has long struggled with power struggles and inefficient resource allocation, and called for the introduction of leadership with business experience to drive operations.

Garrett Jin Deposits 261,024 ETH Worth $543M to Exchanges

Gate News bot message, Garrett Jin (#BitcoinOG1011short) has deposited 261,024 $ETH valued at $543 million into centralized exchanges. According to Lookonchain, Garrett Jin previously sold 5,000 $BTC worth $348.82 million and withdrew 53.12 million $USDT from exchanges. He currently holds over 30,