- Market Review: On September 3, BTC rebounded after bottoming at $107,261 and hovered around $111,398, with short-term moving averages forming a golden cross, signaling a recovery in rebound momentum. ETH consolidated between $4,063 and $4,300, with short-term averages crossing below the MA30, indicating continued bearish pressure. BTC ETFs saw a net inflow of about $332 million in a single day, while ETH ETFs recorded a net outflow of around $135.3 million.
- Trending Tokens: SQUID (+102.54%) rallied on short-term speculation and community hype, while GMMT (+67.16%) climbed on strong marketing efforts and positive partnership news. MERL (+30.81%) rose on ecosystem incentive programs and BTC staking rewards.
- Alpha Insights: WLFI boosted market confidence by buying back and burning 47 million tokens. Linea launched a 1 billion LINEA liquidity incentive program, aiming to attract $1 billion in TVL. The Ethereum Foundation transferred 10,000 ETH to exchanges for sale, with proceeds earmarked for ecosystem development.
- Gate Launchpool: Moonchain (MCH) is currently open for subscription. Until 12:00 (UTC) on September 13, 2025, users who stake ETH or MCH can claim 1,200,000 MCH airdrop for free. Moonchain serves as the AI + Web3 data value layer, with investors including CITIC Group, UOB, and JDI Ventures.
Explore Today's Details → Gate Research: Linea Launches Liquidity Incentive Program | Ethereum Foundation Sells More ETH
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