News linked to both this project and an event.
Odaily News, Sharplink research director Steven Ehrlich stated on platform X that Ethereum (ETH) has started July 2026 with strong momentum, gaining approximately 11% so far this month. Historical data suggests investors should pay attention to ETH's July performance. Over the past 10 years, ETH has posted gains in July on four occasions, with an average increase of 43% in those months. Since 2020, July has been ETH's strongest-performing month, with an average gain of about 27%, leading all other months.The core advantage of ETH's July performance is not simply volatility but the asymmetry between gains and losses: when July is positive, the average gain is approximately 43%; in losing years, the average decline is only about 5% (2020 to 2025). Historically, strong Julys for ETH have often coincided with Ethereum-specific catalysts:July 2020: Gained 54%, marking the launch of "DeFi Summer." Compound introduced the COMP token, triggering a yield farming frenzy. DeFi total value locked (TVL) surged from about $1 billion to $4 billion within weeks, DEX monthly trading volume grew by 174%, and ETH benefited as the foundational infrastructure of DeFi.July 2022: Gained 58%. The timeline for The Merge upgrade was confirmed on July 14, market sentiment rebounded from the post-LUNA and 3AC crisis low, and approximately $337 million in short positions were liquidated within 3 days.July 2025: Gained 49%. The US GENIUS Act was signed, spot ETH ETFs recorded a record monthly inflow of approximately $5.4 billion, corporate capital accelerated its allocation to ETH, staking rate reached about 30%, and declining exchange balances contributed to supply tightness.Historically, ETH's strong monthly rallies have typically been driven by a combination of "Ethereum-specific catalysts plus supply-demand imbalance." For July 2026, Steven Ehrlich believes the current market environment presents similar opportunities:1. Institutional infrastructure is being built. EthLabs (protocol R&D) and Ethereum Institutional were recently launched to drive institutional participation in the on-chain ecosystem, with participants including Sharplink, BitMine, and Joe Lubin.2. The Ethereum roadmap continues to upgrade. Vitalik Buterin proposed the "Lean Ethereum" plan on July 4, aiming to simplify Ethereum's architecture, increase speed, and enhance quantum resistance over the next 3 to 4 years. Its significance is comparable to The Merge.3. Corporate capital continues to accumulate ETH. Digital asset reserve companies are still actively building their ETH positions. Sharplink currently holds 886,725 ETH, added 10,000 ETH in purchases last week, and stated its goal is to increase the amount of ETH per share.Steven Ehrlich stated that Ethereum is entering a new phase of development, where institutional adoption, technological upgrades, and capital allocation may become key factors driving ETH's price action.
According to on-chain analyst Yujin (@EmberCN), Trend Research (@Trend_Research_), a secondary investment firm under Jackyi, transferred a total of 7.57 million UNI (approximately $24.55 million) and 228,700 COMP (approximately $4.44 million) to Binance over four days, fully liquidating its positions and realizing a total loss of approximately $46.98 million.
According to monitoring by Yu Jin, Trend Research (0xfa9...EB58), a secondary investment firm under boss Jackyi_ld, transferred the remaining 2.705 million UNI and 114,000 COMP to Binance an hour ago. These tokens are valued at $8.71 million and $2.13 million, respectively. The firm has now fully liquidated its positions in UNI and COMP, realizing a loss of $40.29 million. Trend Research had purchased 5.41 million UNI at an average price of $9.5 and 228,700 COMP at an average price of $49.3 during last July's market rebound. It sold UNI at an average price of $3.3 and COMP at an average price of $19.4 in May this year.
According to on-chain analyst Yu Jin (@EmberCN), Trend Research—a secondary investment firm under Jackyi—recently transferred 2.705 million $UNI (approximately $9.23 million) and 114,000 $COMP (approximately $2.31 million) to Binance, completing a partial liquidation. These tokens were originally withdrawn from Binance in July last year, with average acquisition costs of approximately $9.5 for UNI and $49.3 for COMP. The current prices stand at $3.36 for UNI and $19.23 for COMP, resulting in an unrealized loss of roughly $23.5 million from this transaction.
According to on-chain analyst Ai Aunt (@ai9684xtpa), Trend Research (@Trend_Research_) is suspected of transferring UNI and COMP tokens worth a total of $11.53 million. Within the past 20 minutes, the address 0xfa9…FEB58 transferred 2.7 million UNI and 114,000 COMP to IOSG Ventures’ Binance deposit address; the purpose remains unclear. This marks the institution’s first such activity in one month. Notably, the UNI was accumulated in July 2025 at a price of $9.52 per token—selling it now would result in a loss of $16.54 million. The COMP was acquired at $49.34 per token, and selling it now would incur a loss of $3.33 million.
According to on-chain analyst Ember (@EmberCN), an address suspected to belong to Arrington Capital transferred 100,000 COMP tokens to Binance within the last four hours, worth approximately $2.26 million at the time of transfer. This transaction may have caused COMP’s price to drop roughly 4% over the past four hours—from $22.90 to $22.00.
Aave has announced the completion of the liquidation of the remaining rsETH position belonging to the Kelp DAO attacker. The related collateral assets will be transferred to the Recovery Guardian multi-signature wallet managed by DeFi United, to be used for restoring rsETH reserves and compensating affected users.This liquidation is part of the recovery plan following the previous $292 million attack incident. Aave had previously passed a governance vote to temporarily adjust the rsETH oracle price in order to create bad debt in the attacker's position and trigger liquidation. The relevant parameters will be restored upon completion of the liquidation. Previously, the attacker exploited the Kelp DAO cross-chain bridge based on LayerZero to forge 116,500 unbacked rsETH and borrowed ETH from protocols such as Aave and Compound. Currently, the recovery funds managed by DeFi United have exceeded $320 million.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), Trend Research transferred 5.41 million $UNI and 228,000 $COMP to a new address, 0xfa9…FEB58, today—valued at approximately $23.32 million. The ownership of this address remains unconfirmed.