Data: 4141.08 ETH transferred from an anonymous address, then routed through a relay and flowed into Lido

Major CEX Launches Crypto-Backed Lending in UK, Supporting BTC, ETH, and cbETH for USDC Borrowing

A centralized exchange launched crypto-backed lending services in the UK, allowing instant USDC loans using BTC, ETH, and cbETH as collateral, powered by Morpho. Total loans issued surpassed $2.17 billion since the service's US debut in January 2025.

Singapore's OCBC Bank to Launch Physical Gold Fund Token on Ethereum and Solana

OCBC and Lion Global Investors are launching a physical gold fund token, GOLDX Token, on Ethereum and Solana blockchains, with OCBC handling design and Lion Global managing investment and governance.

ETH jumps 1.22% in 15 minutes: DeFi segment activity and trading volume surge resonate to drive the move

2026-04-20 07:15 to 07:30 (UTC), ETH’s short-term return reached +1.22%. The price range spanned from 2285.19 to 2332.62 USDT, with a 2.07% amplitude. During this period, market attention heated up, volatility noticeably intensified. On-chain transaction volume rose in tandem, and key mainstream on-chain activity indicators expanded significantly on a month-over-month basis. The primary driver of this deviation was an increase in transaction activity related to DeFi protocols, which boosted the share of on-chain Gas consumption. At the same time, total on-chain transaction volume saw a sharp surge in a short time. DeFi scenarios such as decentralized exchanges and lending protocols led to a direct surge in demand for ETH, driving funds to flow quickly into the market. In addition, the average Gas fees and Gas prices on the ETH network continued to climb in this window, further validating that high-frequency trading and active capital were accelerating into the market and strengthening short-term bullish sentiment. Second, on-chain data also showed an expansion in liquidity related to stablecoins and ERC20 assets, strengthening market buy-side power. Although historical large-wallets such as Wilcke still held a large amount of ETH after early March, this cycle did not trigger abnormal transfers or large-scale sell-offs. Meanwhile, the positioning structure of mainstream ETH did not show passive deleveraging or concentrated liquidation. Under the combined effects of multiple factors, global buy-side demand was amplified, and short-term ETH volatility was further elevated. Be alert to the risk of capital sustainability after a surge in high-frequency trading volume and Gas fees. If subsequent incremental buying is lacking or on-chain attention cools down, ETH may face short-term pullback pressure. Monitor changes in large-holder positions, any abnormal shifts in network fees, and liquidity volatility on the DeFi protocol chain. While there have been no signs of security incidents involving major contracts and protocols so far, short-term liquidity disturbances still need close observation. Keep monitoring fund flows and on-chain structure to stay informed about subsequent market changes.

Dormant Wallet Linked to CEXt Withdraws $14.5M in ETH After Year-Long Inactivity

Gate News message, a wallet address 0x3CEE associated with CEXt withdrew 6,382.5 ETH valued at $14.5 million from a centralized exchange within the past hour. This marks the wallet's first activity after remaining dormant for one year. Following the withdrawal, the wallet currently holds a total o

Spark's Prudent ETH Lending Strategy Proves Justified as Aave Faces Liquidity Crisis Across Multiple Chains

Spark's strategy chief defended maintaining high borrowing rates on SparkLend despite user migration to Aave, citing current market conditions. Aave is experiencing liquidity issues, raising concerns about potential bad debt if ETH prices drop significantly.

Musk’s X introduces smart tags, driving $1 billion in global trading volume in 3 days

Musk’s social platform X rolled out a brand-new “Smart Cashtags” feature on the evening of April 15 (last Tuesday). On April 17, Nikita Bier, X’s product lead, announced that in just 3 days the feature drove about $1 billion in trading volume across global markets, based on aggregated data from X’s trading pilot program.