Key facts: 19,725 ETH buy; state layer proposed; $3.5M short loss

Since June 30 a new wallet bought 19,725.38 ETH (~$41.5M total with 161.35 WBTC). Holdings show an unrealized profit of $3.59M; 61.35 WBTC withdrawn ~30 minutes ago.Ethereum devs proposed a state layer to add new state types (UTXO, ring buffers) and keep dynamic state. Forecast: ~2TB dynamic, ~100TB new by 2030; gas fees could cut 10x+ if apps migrate.On-chain data: a trader who lost on four long trades opened a 22,000 ETH short, closed it ~1.5 hours ago, suffering an estimated $3.5M loss over three days.