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Brad Garlinghouse celebrates a rare personal milestone as Kansas Jayhawks debut Ripple's XRP jersey patches.

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A crypto user has lost nearly $1 million after approving a malicious Ethereum transaction that gave scammers access to drain almost the entire wallet balance, adding to hundreds of millions of dollars in phishing losses recorded this year.

 

Ethereum has gradually recovered from weeks of sustained selling pressure, climbing nearly 10% since the beginning of the month. However, the rebound has yet to attract the strong buying activity needed to confirm a broader bullish trend. On-chain metrics suggest investor sentiment is improving, but demand from both retail traders and institutional participants remains relatively subdued, limiting the cryptocurrency's upside potential. NUPL shows investors are still underwater Ethereum's Net Unrealized Profit/Loss (NUPL) indicator has improved from -0.46 to -0.30, reflecting that recent price gains have reduced paper losses for many holders. However, the metric remains in negative territory, indicating that the average investor is still holding ETH at a loss.

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As the crypto market searches for its next direction, analysts are increasingly shifting their focus toward leading altcoins. Rather than watching short-term Bitcoin price swings, they are looking at altcoins. According to one analyst, starting July, Cardano (ADA) and Ethereum (ETH) stood out after fresh technical commentary, institutional adoption, and on-chain accumulation.