A Bitcoin OG once again took out 6,000 BTC to exchange for ETH
According to Lookonchain, an early Bitcoin holder transferred 6,000 Bitcoin (approximately $689.5 million) to purchase Ethereum. This address has now accumulated 278,490 Ethereum (approximately $1.28 billion) at an average price of $4,585, while holding a long position of 135,265 Ethereum (approximately $581 million).
Michael Saylor once again posted Bitcoin Tracker information on the X platform, writing, “Bitcoin is on Sale.” Based on previous experience, he typically discloses Strategy’s Bitcoin accumulation data the day after posting Bitcoin Tracker information.
Token Unlocks data shows that JUP, KMNO, HUMA and other tokens will usher in large-scale unlocking next week, including:
Jupiter (JUP) will unlock approximately 53.47 million tokens at 10:00 PM Beijing time on August 28, accounting for 1.78% of the current circulating supply and valued at approximately US$27.1 million.
Kamino (KMNO) will unlock approximately 229 million tokens at 8:00 PM Beijing time on August 30th, accounting for 6.81% of the current circulating supply and valued at approximately US$13.3 million.
Huma Finance (HUMA) will unlock approximately 378 million tokens at 9:00 PM Beijing time on August 26, accounting for 23.38% of the current circulating supply and valued at approximately US$10 million.
Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 PM Beijing time on August 25th, representing 2.34% of the current circulating supply and valued at approximately $8.9 million.
Sophon (SOPH) will unlock approximately 267 million tokens at 9:00 PM Beijing time on August 28, accounting for 12.94% of the current circulating supply and valued at approximately US$8.9 million.
AltLayer (ALT) will unlock approximately 240 million tokens at 6:00 PM Beijing time on August 25th, representing 6.01% of the current circulating supply and valued at approximately $8.5 million.
Sahara AI (SAHARA) will unlock approximately 84.27 million tokens at 8:00 PM Beijing time on August 26, representing 3.97% of the current circulating supply and valued at approximately US$7.3 million.
Renzo (REZ) will unlock approximately 448 million tokens at 7:00 PM Beijing time on August 30, accounting for 11.36% of the current circulating supply and worth approximately US$6.2 million.
OKX Star: Will Launch $100 Million X Layer Ecosystem Fund
OKX founder and CEO Star wrote on the X platform: "True wisdom understands that crypto is a marathon, not a sprint. X Layer was born for the long term. That's why we will launch a $100 million X Layer Ecosystem Fund to support global builders in creating the next wave of on-chain applications."
ETH rose to $4957.98 this morning, setting a new record high
OKX market data shows that ETH broke through $4,900 around this morning, reaching a high of $4,957.98, setting a new historical high. It is currently trading at $4,777.79 per coin, down 0.01% on the day.
BTC fell to $110,400 in the early morning, with $513 million liquidated in the past 12 hours
OKX market data shows that BTC fell to $110,481.8 in the early morning hours and is currently trading at $113,454.8 per coin, a 0.05% decrease on the day. Coinglass data also shows that over the past 12 hours, the cryptocurrency market has seen $513 million in liquidated contracts, including $381 million in long positions and $133 million in short positions. The total amount of BTC liquidations was $224 million, and the total amount of ETH liquidations was $170 million.
A whale held ETH for 11 years and transferred 1,962 ETH to OKX, earning $4.7 million.
According to Onchain Lens monitoring, after holding ETH for 11 years, a whale deposited 1,962 ETH (worth $9.38 million) into OKX, making a profit of $4.7 million.
Regarding the debate over the pros and cons of prediction markets, Ethereum founder Vitalik said, "Most of the current mainstream prediction markets do not offer interest, which makes them very unattractive for hedging because participating in them means sacrificing a 4% annual interest rate on the US dollar. It is expected that once this problem is resolved and trading volume increases further, a large number of hedging use cases will emerge."
Bitwise: Stablecoin holdings of US Treasury bonds rank 17th globally
Graphical data released by Bitwise Asset Management shows that as of March 31, the value of U.S. Treasury bonds held by stablecoins was just under $200 billion, ranking 17th.
According to on-chain analyst Yu Jin, during the rapid market decline, "Roller" closed out his 2,000 ETH position, lowering the liquidation price by $10, from $4,668 to $4,658. Currently, his open position, using $740,000 in margin, still holds 23,100 ETH, valued at $108 million. This represents a floating profit of $2.63 million.
