[Japanese Financial Services Firm Monex Considers Acquiring a European Crypto Company] According to Tokyo TV, as cited by Jin10, Matsumoto, Chairman of Japanese financial services firm Monex, stated that the company is considering acquiring a European crypto company and is expected to announce the news 'within a few days.'

Stellar faces intense selling pressure with massive institutional liquidation triggering critical support breakdown at $0.380 level.

[Aave TVL Hits $41.1 Billion All-Time High, Comparable to the 54th Largest Bank in the U.S.] According to Cryptoslate, data from DefiLlama shows that the total value locked (TVL) of the decentralized lending protocol Aave reached an all-time high of $41.1 billion on August 24. Based on commercial bank deposit data from the Federal Reserve as of June 30, this scale would rank Aave as the 54th largest commercial bank in the U.S., surpassing Prosperity Bank, which has deposits of $38.4 billion, and just $3 billion shy of overtaking Bank OZK. If the $28.9 billion in outstanding loans on the same day is included, Aave's total scale reaches $71.1 billion, placing it among the top 37 U.S. commercial banks (top 1.7%). Founder Stani Kulechov stated that the protocol is not a bank but an open network accessible to financial institutions, offering yield sources independent of the Federal Reserve. As of August 24, Aave controls approximately 50% of the total TVL in the DeFi lending market, dominating the $81.5 billion lending sector and standing nearly six times larger than its closest competitor, Morpho ($7 billion).

The large transaction data in the past 12 hours shows that the main funds are clearly biased towards market price sell orders, with a cumulative sale of $34.08 million, far exceeding the buy of $27.2 million, showing a net outflow of $6.87 million, with a buy to sell ratio of 1: 1.25. Especially with a large market price sell order of $100.8 million at 08:45, the price was directly suppressed to $108854, indicating the intention of the main force to ship. In the latest 2-hour cycle, prices continued to be suppressed by EMA24 and EMA52, further confirming downward pressure. At the same time, the KDJ indicator converged, with trading volume shrinking to 41.95% of the average level, and market activity decreasing, providing support for the weak trend after the main force hit the market. Open a membership to keep track of large transactions and gain insight into the main trends ahead of time! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

OKX - OKB current price is $169.85, with a drop of 6.29% in 24H. 24-hour transaction volume of 300 million US dollars, a decrease of 4.1%, for reference only