The mNAV Collapse of Strategy: When Financial Engineering Breaks Before the Chain
The market's favorite bitcoin proxy has lost its premium. For the first time ...
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CryptoPanda
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2026-07-04
#debt leverage
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Market Prices
BTC
Bitcoin
$63,120.2
+0.83%
ETH
Ethereum
$1,872.9
+0.67%
SOL
Solana
$72.97
-0.48%
BNB
BNB Chain
$579.1
-1.23%
XRP
XRP Ledger
$1.06
+0.25%
DOGE
Dogecoin
$0.0701
+1.05%
ADA
Cardano
$0.1740
+3.57%
AVAX
Avalanche
$6.36
-0.73%
DOT
Polkadot
$0.7695
+2.40%
LINK
Chainlink
$8.1
+0.10%
Fear & Greed
27
Fear
Market Sentiment
Event Calendar
202618
03
unlock
Sui Token Unlock
Team and early investor shares released
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
12
05
halving
BCH Halving
Block reward halving event
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
Altseason Index
44
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Topic Tags
Market Cap
All →| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$63,120.2 |
| 1 |
Ethereum
ETH
|
$1,872.9 |
| 1 |
Solana
SOL
|
$72.97 |
| 1 |
BNB Chain
BNB
|
$579.1 |
| 1 |
XRP Ledger
XRP
|
$1.06 |
| 1 |
Dogecoin
DOGE
|
$0.0701 |
| 1 |
Cardano
ADA
|
$0.1740 |
| 1 |
Avalanche
AVAX
|
$6.36 |
| 1 |
Polkadot
DOT
|
$0.7695 |
| 1 |
Chainlink
LINK
|
$8.1 |
🐋 Whale Tracker
🟢
0x7bc8...7c41
12m ago
In
4,468 ETH
🔵
0x7b08...a29b
12h ago
Stake
17,711 BNB
🔴
0x54c2...ee96
1h ago
Out
959,360 DOGE
💡 Smart Money
0xd804...3e6b
Early Investor
+$3.7M
65%
0x456f...75e2
Experienced On-chain Trader
+$4.6M
91%
0x11b8...113e
Experienced On-chain Trader
+$1.0M
74%