Bitcoin has climbed from $85K to $119K in just a few months.
The driver? Another strong expansion phase in Bitcoin ETF flows which have moved sharply higher.
It’s the third time this pattern has played out since last year. And each time, the correlation between flows and price action has been clear.

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With billions in valuation, token issuance time is anticipated, users with an average transaction amount exceeding 500U can become part of the top 10 percent, making this airdrop feast worth looking forward to.

How to participate in the Polymarket airdrop?

Here's the English translation:

Original Author: Social Graph Ventures

Initial Conception
When we first drafted this memo, <ZORA> had just launched, token prices were rapidly declining, and the project narrative was not yet clear.

But we were not betting on a meme coin, but rather on a protocol capable of rapid iteration and possessing the ability to "monetize on-chain attention".

Over the past few years, <ZORA> has gradually evolved from a simple minting platform to a protocol-based product with independent L2 infrastructure, ultimately transforming into a consumer-level application that helps creators monetize on the chain.

It had early...

ZORA increased 5 times in 10 days, value discovery of content tokens

According to DL News, people have withdrawn up to $1.7 billion worth of Ethereum from the lending protocol Aave over the past week. The reduced available liquidity has led to interest rates for borrowers exceeding 10%. Aave contributor Marc Zeller told DL News that Justin Sun might be the cause of most Ethereum withdrawals, as he regularly transfers large amounts of funds in and out of the lending protocol, "He is truly unpredictable, moving billions of dollars as casually as I go shopping at a supermarket." Over the past three days, <孙宇晨> has been tagged by users on Arkham...

Justin Sun may be responsible for most Ethereum withdrawals

Right now, Bitcoin is benefitting from a triple tailwind: strong ETF inflows, momentum from a fresh all-time high, and breakouts in U.S. stock indices.
That’s a powerful setup and it increases the odds that this rally still has room to run.
Follow @ecoinometrics for more data-driven insights on Bitcoin and macro.