According to @EmberCN, MEXC has transferred 12,652 stETH (valued at $33.75M) from its hot wallet to Bybit's cold wallet in the past hour. Bybit has reportedly received a total of 64,452 ETH ($170.73M) as loan support from Bitget, an institutional withdrawal from Binance, and MEXC. This indicates significant financial backing for Bybit, potentially impacting trading dynamics.

According to @BitMEXResearch, Brink has renewed its financial support for eight Bitcoin Core engineers until 2025. This sustained financial backing is crucial for ongoing Bitcoin development, ensuring stability and continuous improvements in the Bitcoin blockchain. Such support can positively influence Bitcoin's market confidence and trading volumes, as it reinforces the network's robustness and future potential.