旺财

@Wangcai said: The liquidity moat of the head Cex is being shaken, giving both Cex and Dex the opportunity to reposition themselves. Return to the masses, return to the community, and take the mass line. The elites always have choices, but they are also always vulnerable. Their fragility determines that they cannot become the main force of a cause. The reputation of big names and high academic qualifications is worthless in the face of awakening, and we all have to accept our own judgment in the end.

Main points:

• The trading volume heat of BN 6B has declined significantly, with second-tier exchanges accounting for about 10-20% of BN's trading volume.
• Meme heat has cooled down, and Cex trading activity has decreased. The total on-chain activity is still concentrated in Meme, but the trend is declining. The active varieties are mainly Ben/four/pepe/pepeai/. Pinksale has become the biggest winner of the meme.
• Large MM leaving BN will be an important change in the future market. In the future, there will be no volume for everyone, and the community will be more important. Crypto will return to the grassroots, and there will be a long period of hibernation. The operation of MMaaS may be suspended for a while. At the same time, this may also be a good opportunity for Cex to overtake in the bend and even for Dex to overtake in the bend, and liquidity will return to the same starting line.
• The BTC ecosystem faces challenges in connecting with Cex, and future momentum will be discounted.

Market heat:

TVL:

Observation pool:
Four/Ben/Jeff/Capy
https://dexscreener.com/
https://www.dextools.io/app/

From the trading volume/TopGainer/Tx momentum, the market activity is still concentrated in Meme.

Ben#

The distribution of chips on-chain is relatively balanced, and it is done beautifully. link

Worth paying attention to:

1. Ethereum still has strong confidence. 發財🐱 on Twitter: "Conclusion 4: There are 23,738 nodes in the queue for staking, while the number of nodes in the queue for unstaking has sharply decreased after the Shanghai upgrade, with only 1,837 remaining. (Note: The latest data shows 31,500 nodes in the queue for staking and 0 nodes in the queue for unstaking!) https://t.co/QWtpsdSbfU" / Twitter
   

2. BN leaving the staking market. 發財🐱 on Twitter: "Conclusion 5: After the Shanghai upgrade, the main force for unstaking is centralized exchanges and staking node operators (Note: Lido has not yet enabled the unstaking function). Among the themes of deposits, the largest entity is independent stakers and Lido. https://t.co/5Netqodnkg" / Twitter
   

3. APTS will have another unlock in three days.
   

• The liquidity moat of the head Cex is being shaken, giving both Cex and Dex the opportunity to reposition themselves. Return to the masses, return to the community.
  

Twitter:
https://twitter.com/wangcai996
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