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According to ChainCatcher, as monitored by @EmberCN, with ETH prices surging past $3,100, Trend Research, a secondary investment arm under LD Capital, has begun to take profits by selling part of its ETH holdings and reducing leverage: Four hours ago, they transferred 17,289 ETH (worth approximately $52.84 million) to an exchange, then withdrew 19.11 million USDT to repay the loan previously used to purchase ETH.“Trend Research bought ETH with 2x leverage, borrowing about $270 million from Aave to acquire ETH. Their average cost for ETH was around $2,250, and now with ETH at $3,127, their unrealized profit on 182,000 ETH has reached as much as $160 million. They have started to reduce leverage and lock in some profits.”

21:00 (UTC+8) - 7:00 Keywords: PolyMarket, Citibank, US Treasuries, Crypto Bill 1. Citibank is exploring the possibility of issuing a stablecoin; 2. Ghana is finalizing a regulatory framework for cryptocurrency trading; 3. Tether held over $127 billion in US Treasuries in Q2 this year; 4. The US Department of Justice has concluded its investigation into the prediction platform PolyMarket; 5. White House crypto chief: The Trump administration plans to ban the issuance of central bank digital currencies; 6. The US House of Representatives failed to pass a procedural vote on the crypto bill, with a second vote to follow; 7. Bitwise has launched a third-party asset reserve proof service for its Bitcoin and Ethereum spot ETFs; 8. Cantor Fitzgerald is close to reaching a $4 billion SPAC deal with Bitcoin pioneer Adam Back.