The Ethereum liquidity re-pledge protocol TVL has dropped to | Kun Lee on Binance Square

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The Ethereum liquidity re-pledge protocol TVL has dropped to $13.052 billion, and the Ren TVL has decreased by 12.55% in the last 7 days.
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Bank of America CEO: The Federal Reserve should cut interest rates as soon as possible, as the inflation rate has already declined. On August 13, Bank of America CEO Brian Moynihan stated in an interview that as the economy slows and consumers tighten their spending, the Federal Reserve should cut interest rates as soon as possible. Brian Moynihan said: "The economy is slowing, so we have to be careful because we have already won the battle against inflation, and the inflation rate has come down. Although it has not yet reached the level that people hope for, we must be careful not to try to be too perfect and end up in a recession." The executive stated that Bank of America's analysts do not predict a recession this year. Brian Moynihan added: "They tell people that interest rates may not rise, but if they do not start cutting rates relatively quickly, it may undermine the confidence of American consumers." $BTC $ETH $BNB

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A whale has purchased ETH again. The whale was previously liquidated of 2,890 wstETH on August 5th. According to Lookonchain monitoring, during the market crash on August 5, the whale who was liquidated 2,890 wstETH (USD 8.06 million) has started buying ETH again. Since August 11, this whale has borrowed 6.6 million Dai, 2.7 million USDT, and 2.5 million USDC, and purchased 4,459 ETH (USD 11.8 million) at a price of USD 2,646. $BTC $ETH $BNB

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A certain whale has borrowed $11.8 million in stablecoins and purchased 4,459 ETH since August 11. PANews, August 13 news, according to Lookonchain monitoring, the whale who was liquidated 2,890 wstETH (US$8.06 million) during the market crash on August 5 has started buying and going long on ETH again. Since August 11, he has borrowed 6.6 million Dai, 2.7 million USDT and 2.5 million USDC, and purchased 4,459 ETH (US$11.8 million) at a price of $BTC $BTC $ETH $bnb

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A certain whale has borrowed $11.8 million in stablecoins since August 11 to purchase 4,459 ETH. On August 13, according to Lookonchain monitoring, the whale that was liquidated 2,890 wstETH (USD 8.06 million) during the market crash on August 5 has started to buy and long ETH again. Since August 11, this whale has borrowed 6.6 million Dai, 2.7 million USDT, and 2.5 million USDC, and purchased 4,459 ETH (USD 11.8 million) at an average price of USD 2,646. $BTC $ETH $BNB

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Data: Six addresses that opened positions two weeks ago have cumulatively transferred 2,566 ETH to new addresses. According to AI Auntie's monitoring, six addresses that opened positions in ETH two weeks ago have transferred a total of 2,566 ETH (approximately $6.83 million) to a new address 0xcf6, which appears to be profit-taking. The average cost basis of this ETH is $2,325. Currently, 1,600 ETH have been deposited into Binanza within the last hour, and if sold, would result in a profit of $540,000. The remaining 966 ETH still have an unrealized profit of $320,000. This whale has accumulated a total profit of $860,000 from ETH trading within just eight days. $BTC $ETH $BNB

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