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September 2, 04:00 — Crypto market real-time news in the early hours
I. Market Quick Updates
1. Major coins broadly fall and probe lower As of 04:00, the global crypto total market cap is $2.58 trillion, down 2.76% over the past 24 hours. Bitcoin is trading at $76,939, down 2.63% in 24 hours, with an intraday low touching the $77,060 level; Ethereum breaks below the $2,400 integer mark and is now at $2,398, down 2.4% over 24 hours; major coins such as SOL, XRP, and BNB also slide in sync by 2%-3%. 2. Ongoing contract deleveraging In the past 24 hours, the total net liquidation across the entire network is about $239 million; long liquidations account for as much as 82.9%. In just 60 minutes, more than $100 million in positions were liquidated in a concentrated sweep. Bitcoin futures open interest is 109.6K, the long/short ratio is 1.23, and the funding rate remains positive at 0.0052%. Selling pressure is mainly driven by spot position closures, with no extreme negative funding rates observed.
II. Industry Headliners
1. 21 international banks jointly announce stablecoin issuance Goldman Sachs, Bank of America, Citibank, Deutsche Bank, UBS, and 21 other top global financial institutions jointly announced on the evening of September 1 that they will establish a joint venture. The plan is to launch a USD-denominated stablecoin in the first half of 2027, and to expand long-term into G7 currencies such as the euro. It will cover scenarios including cross-border payments and institutional settlement—an important milestone for traditional finance entering the crypto space. 2. Ethereum ETF sees net inflows for 11 consecutive days U.S. spot Ethereum ETFs recorded a daily net inflow of $87.68 million. BlackRock’s ETHA contributed $59.94 million. Institutional capital continues to build positions in Ethereum at lower levels, and the net inflow trend has now extended for 11 trading days.
III. On-chain & Ecosystem Developments
1. Institutional “whale” continues to accumulate ETH On-chain monitoring data shows that a certain institutional address has again withdrawn 5,100 ETH from OKX (about $12.3 million). Since August 29, this whale has accumulated over 42,000 ETH across three addresses, indicating that the institution’s offline accumulation actions are ongoing. 2. DeFi security incidents keep coming The Injective protocol suspended operations for about 4 hours due to a binary options vulnerability; stolen assets are estimated at about $4.9 million. In the Solana ecosystem, the AMM protocol Aquifer was attacked, with losses of approximately $2.5 million. In the Sui ecosystem, the DeFi protocol Full Sail announced it is stopping operations due to oracle-related issues.
Today isn’t just about celebrating a birthday - it’s about celebrating a TRADER, LEADER, MENTOR & TRUE COMMUNITY ICON. 🚀
🏆 Winner of the Best Trader Awards 📈 A master of charts & market moves 🧠 A mind that turns volatility into opportunity 🔥 A KOL who inspires thousands with every post
Bro, your success isn’t just about profits - it’s about the discipline, consistency, courage and knowledge you share with the community every single day. 💛
From reading the charts to leading the community, you’ve shown what it means to truly #CarryWang . 👑
On your special day, wishing you:
💰 Bigger profits 📈 More legendary trades 🏆 More awards 🔥 Greater influence 🚀 Endless opportunities ❤️ And happiness beyond the charts!
Keep trading. Keep winning. Keep inspiring. The best chapters are still ahead! 🫡🔥
🎉 HAPPY BIRTHDAY, BRO! May every candle you see be a GREEN CANDLE 🟢📈 and every year bring you closer to the next ATH! 🚀
Good night 😴 #Kroha_9000 I didn’t find the strength for an article today, even though I planned to do it. Still, this isn’t something I can just force myself to do; for that, personally, I need to be in the right mood. I can’t imagine how people make a living from this, doing it “even though they don’t want to” and without any motivation. I take my hat off to them. I wrote my last article the same way, and no matter how I look at it, no matter how I try to convince myself— I don’t like it. The idea isn’t developed, there isn’t enough semantic weight, and it’s unreasonably a bit too harsh. Therefore, I dare to assure you that I remember, and I will definitely take care of it. I ordered the first article from a subscriber as a test; the other day I’ll review it and launch it as a solid project. Also, I’ll separately note the hedgehog: I see these messages too, and you can take ideas from there, but I just don’t have the strength to gather myself properly and answer. And I don’t want to respond just anything. That’s basically my position—so don’t be surprised by the long reply.
Today I removed the hint with 🧧🤫
Today, I started three trades instead of two—let’s see what comes of it
By the way, they took my placard from me today; apparently, today’s movement was handled better by someone else. Well, no matter—I managed to enjoy it for a bit; it adds some kind of mood
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The true prophet is right in the Bright Community 👇👇👇 @光明社区-明道 Founder of the Bright Community, our guiding light—Ming Shen. Everyone, you can follow him and review each of his precise predictions before—if you can understand it, it proves you’re blessed 🙏🏻 Finally, here’s a message for everyone: Don’t rush around—everything you need is all in the Bright Community 🧧