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A "retrograde week" for the US President? From foreign affairs to domestic issues, Trump is facing a series of bad news...


The article discusses the current anxiety in the crypto market, analyzing the price trends of bitcoin and ethereum, whale activities, Federal Reserve policy expectations, and the impact of the Trump family's crypto project WLFI. Summary generated by Mars AI. This summary was produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.


- 21:23Total WLFI contract positions across the network currently report $917 million, with only $7.03 million liquidated in the past 4 hours.BlockBeats News, September 2, according to Coinglass data, the current total open interest of WLFI contracts across the network is reported at 917 million USD, with only 7.03 million USD in liquidations in the past 4 hours (since WLFI officially launched).
- 21:23The whale who made $38 million in profits from XPL has once again earned hundreds of millions of dollars from WLFI.BlockBeats News, on September 2, according to on-chain data, after earning $38 million on XPL last week, TechnoRevenant has now made hundreds of millions of dollars in profits on WLFI. He received 200 million tokens (accounting for 20% of his total holdings), currently valued at $49 million. Overall, he invested $30 million in the presale eight months ago, obtaining a 1% share of the total supply, which is 1 billion WLFI tokens. These tokens are currently worth $245 million, meaning he has achieved an 8x return on this massive investment.
- 21:23Ethereum Foundation Announces Closure of Holešky TestnetBlockBeats News, on September 1, the Ethereum Foundation officially announced that the Holešky testnet has reached its planned end of life and will soon cease operations. Two weeks after the Fusaka upgrade is finalized on Holešky, the vast majority of remaining validator nodes will be shut down. After that, client teams, testing teams, and infrastructure teams will no longer provide support for Holešky. According to the official statement, Holešky was launched in 2023 as Ethereum’s largest public testnet, specifically designed for large-scale staking infrastructure and validator operation testing. The network has fulfilled its mission, assisting thousands of validators in protocol upgrade testing, including the Dencun network upgrade and the recent Pectra upgrade. However, after the activation of the Pectra testnet in early 2025, Holešky experienced a large-scale inactivity leak, resulting in a surge in the validator exit queue. Although the network eventually recovered and finalized, the lengthy validator exit process made it impractical to complete a full validator lifecycle test within a reasonable timeframe. This directly led to the creation and launch of a brand-new testnet, Hoodi, in March 2025, which provides a new testing environment free from these limitations.