Ethereum L2 TVL dropped to $37.08 billion yesterday and has | Kun Lee a Binance Square-en

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Ethereum L2 TVL dropped to $37.08 billion yesterday and has now rebounded to $38.13 billion
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$SOL  $PEPE  $DOGE  

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A whale purchased 6,206 ETH, approximately $20.35 million, over the past 50 minutes. On July 27, according to on-chain analyst Yujin's monitoring, a whale who sold 6,001.7 ETH at a price of $3,384 a month ago and made a profit of $1.64 million, has used $20.35 million to buy back 6,206 ETH ($3,279 per ETH) on cross margin in the past 50 minutes. The whale previously bought 6,001.7 ETH at $3,110 on 5/17-5/18, and then sold them at $3,384 on 6/26, making a profit of $1.64 million (+8.8%). $SOL $PEPE $WLD

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Analysts: The PCE data has paved the way for the Federal Reserve to cut interest rates later. On July 27, eToro analyst Bret Kenwell stated that the US June PCE report was largely in line with economists' expectations, with the core PCE index rising only slightly more than expected. Nevertheless, the report showed no signs that inflation would accelerate unexpectedly. Combined with the lower-than-expected CPI report earlier this month and the recent trend of lower inflation data, this should give the Federal Reserve the green light to cut rates later this quarter. At next week's Federal Reserve meeting, all eyes will be on Powell, as people hope and expect him to lay the groundwork for a rate cut in September. In recent years, the Federal Reserve has been very transparent, announcing its actions well in advance, adding more certainty, which the market likes. $SOL $PEPE $WLD

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BNB chain project Trump407 IDO was oversubscribed by 33 times, and it has launched airdrop activities for 22 projects. According to official information, the Trump407 IDO has ended, and the excess funds have been fully refunded. As an individual IDO project of Memehub.AI, the total quota was 50BNB, and it was oversubscribed 33 times within 60 hours, raising a total of 1688 BNB, of which 1638BNB has now been refunded. Trump407 will officially launch on the BNB Chain at 20:30 Singapore time. In addition, Trump407 has launched the "Tribute to Innovators" airdrop activity, which targets holders of Memehub Non-Fungible Tokens and holders of innovative projects such as Pandora, Burn, X314, DeFrogs, Eggx, and Alphabet. It is reported that Trump407 is a MEME project based on the ERC-407 protocol, which integrates image tokens and burning incentive mechanisms, and users holding Trump Non-Fungible Tokens can exchange them for pool rewards. $SOL $PEPE $WLD

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The total sales of Non-Fungible Tokens on the Ethereum blockchain have surpassed $44 billion. According to CryptoSlam data, the total sales of Non-Fungible Tokens (NFTs) on the Ethereum blockchain have surpassed $44 billion, currently reaching $44,019,257,937. The total number of on-chain transactions exceeds 49 million, with approximately 3.278 million buyers and over 1.901 million sellers. $SOL $PEPE $WLD

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Solana's total market capitalization has surpassed BNB, ranking 4th. Foresight News, according to CoinMarketCap data, Solana's total market capitalization has surpassed BNB, ranking 4th. SOL is currently priced at 186 USDT, with a 24-hour increase of 3.79%. $SOL $PEPE $WLD

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BNB Drops Below 580 USDT with a 0.16% Decrease in 24 Hours

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Ethereum Faces Significant Decline After Rejection Above 100-Day Moving Average

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Bitcoin(BTC) Drops Below 68,000 USDT with a Narrowed 0.09% Increase in 24 Hours

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