According to ChainCatcher, IntoTheBlock released its second quarter market report, with BTC and ETH falling by 12.8% and 3.1% respectively.

The number of BTC held by long-term BTC investors has decreased, with the balance of holders decreasing by 160,000 BTC (about $10 billion) in May and 40,000 BTC in June.

Since June, Bitcoin miners have sold more than 30,000 BTC (about $2 billion). Currently, 78% of ETH is held by long-term holders. L2 transaction volume increased 4 times, and the transaction volume of the top three L2 networks (Arbitrum, Base, and Optimism) increased fourfold in a year.