08/10/2025 | Summary of notable crypto news in the past 24 hours!

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1⃣ ETH breaks through the $4,300 mark, pulling the entire ecosystem up in price. Note: Short side liquidation is concentrated around the $4,500 area.

2⃣ Vitalik Buterin is incredibly rich – Total on-chain assets exceed $1 billion, including 240,000 ETH.

3⃣ Base ecosystem Tokens surge simultaneously: #AERO +17%, #VIRTUAL +4.6%, #ZORA reaches a new historical high with a 21% increase.

4⃣ LDO jumps nearly 20%, besides the general ETH effect, also due to the proposal "Flexible LDO Buyback" which made the market sentiment more dynamic.

5⃣ USDe first exceeds $10 billion market capitalization, setting a new record. #ENA soars 20%, closing at $0.76 – increasing over 300% from its recent dip.

6⃣ LINK increases 26% in just 1 week, possibly due to "revenue" announcement to accumulate LINK reserves. FDV is currently around $21.7 billion.

7⃣ BTC market share drops below 60%, Altcoin market capitalization increases over 11.94% in the past week – many experts believe the Altcoin season may have truly begun.

8⃣ Whales lock in positions: BitMEX co-founder Arthur Hayes sold 7.76 million ENA and 38.86 billion PEPE early this morning. Previously, he posted: "I swear I won't take ETH profits anymore".

9⃣ Market analysis from AI:

  • ETH leads strongly, institutional whales continue to maintain high-leverage longing positions, breaking important resistance; the market witnesses an intense long-short battle.

  • BTC shows short-term fluctuations, capital flows choose a balanced long-short defensive strategy, overall sentiment remains cautious.

  • Altcoins enter the "Altcoin season", but caution is needed against capital dispersion and profit-taking pressure during rapid price increases.

🎯 Follow the Trending indicator Followin to grasp the entire market trend in just 1 minute.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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