Binance released market insights for July, including: In January and June, the cryptocurrency market experienced a significant downward trend, with the total market cap finally falling by 11.4%. With Mt. Gox announcing in July that it was about to repay over 140,000 BTC, BTC fell sharply; the US and German governments are transferring large amounts of BTC to centralized exchanges, exacerbating the negative sentiment in the market. Since November 2023, miners have been selling bitcoin on a net basis, setting the longest consecutive period of net selling since 2017, causing miners' bitcoin balances to drop to their lowest level in 14 years. 3. The TON ecosystem has continued to increase its activity over the past month, with the number of daily active addresses hitting an all-time high of nearly 578,000 on June 14. BNB has been one of the strongest performing exchange-related tokens this year, having gained 86.4% year-to-date. 5. EigenLayer's market dominance fell to a low of 92.2%, indicating increased competition in the re-pledge space. Karak and Paradigm-backed Symbiotic, although smaller, have both seen significant growth.