Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

Most bullish/bearish symbols on Stocktwits at the close: 📈 $BIT, $HNT, $XMR, $OP, $ARB, 📉 $WIF, $APT, $STX, $TAO, and $FET

*If you’re a business and want to access this data via our API, email us.

🔗 Ethereum’s TVL Hits $46 Billion—Lido Leads the Pack

Ethereum’s ($ETH) DeFi ecosystem is still crushing it with $46 billion locked, and Lido ($LDO) is holding down half of that at $23.5 billion. Eigenlayer, Aave ($AAVE), and Maker ($MKR) are also pulling their weight, with billions in assets staked. The growth keeps proving one thing: Ethereum’s still the big boss in DeFi. blockchainreporter.

📉 Arthur Hayes Pushes Back Bitcoin Bull Run Prediction

Arthur Hayes is walking back his September Bitcoin bull run call, now saying we might have to wait a bit longer. He’s expecting BTC to wobble around until the Fed injects more liquidity into the market, which he thinks will happen late this month. When that liquidity hits, Hayes is still betting Bitcoin will rip to new highs—just not as soon as he thought. Decrypt.

💎 Short-Term Bitcoin Holders Panic-Sell $36.65B, Shaking the Market

Short-term Bitcoin holders dumped 642,366 BTC since mid-August, offloading over $36.65 billion and sending the market into a bit of a tailspin. Despite the mass sell-off, some analysts are thinking these sellers might turn into long-term holders, which could calm things down eventually. CryptoGlobe.