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Important information last night and this morning (August 10-August 11)
Trader Eugene: The market may currently be approaching a top, with increased volatility and more opportunities to make quick profits
Trader Eugene reviewed that the market rose for two consecutive months after Trump took office, and the launch of $TRUMP once brought a huge wealth effect. He believes that the market may currently be approaching a top, with increased volatility and more opportunities to make quick profits. However, he reminds investors to seize opportunities while also paying attention to the risk that the market may turn around at any time.
Data: Over $40 million worth of SOL flowed into CEX within 9 hours
According to Lookonchain monitoring, SOL whales have recently frequently deposited large amounts of SOL into exchanges. Among them, address CMJiHu deposited 96,996 SOL (worth approximately $17.45 million) 9 hours ago, address 5PjMxa deposited 91,890 SOL (worth approximately $15.98 million) into Kraken 3 hours ago, and address HiN7sS deposited 37,658 SOL (worth approximately $6.73 million) into Binance 8 hours ago, making a profit of $1.63 million.
The address that has accumulated over 293,000 ETH in nearly 8 days is suspected to belong to Bitmine
According to Yu Jin's monitoring, the address that was recently created through BitGo and has accumulated a large amount of ETH is suspected to belong to Bitmine. In the past 8 days, these addresses have accumulated 293,186 ETH through platforms such as FalconX, Galaxy Digital, and BitGo, worth approximately $1.24 billion. Bitmine previously announced that it increased its holdings by 317,000 ETH within a week, with a total position reaching 1.15 million ETH.
Peter Thiel acquires 7.5% stake in ETHZilla to advance Ethereum layout
According to SEC filings, PayPal co-founder Peter Thiel and his investment team hold a 7.5% stake in 180 Life Sciences (now renamed ETHZilla), a company focused on building Ethereum corporate treasuries. ETHZilla plans to use the raised funds for Ethereum purchases, income-generating assets, and iGaming business, among other things. ETHZilla's stock rose 11% after Monday's close and soared approximately 57% in overnight trading. Earlier, on July 16, Thiel's team also held over 9% of BitMine Immersion, which is the largest corporate treasury holder of Ethereum, with reserves worth nearly $5 billion. In addition, listed company 180 Life announced on July 29 that it plans to raise approximately $425 million through private placement and transform into an Ethereum treasury reserve company.
Over 1,300 ETFs have been launched globally since the beginning of last year, with 10 of the top 20 related to cryptocurrencies
According to Nate Geraci, President of The ETF Store, over 1,300 ETFs have been listed since the beginning of last year, with 10 of the top 20 being related to cryptocurrencies, including the top four products. These crypto-related ETFs include 5 spot Bitcoin ETFs, 2 spot Ethereum ETFs, 2 MSTR-related ETFs, and 1 leveraged Ethereum ETF.
South Korean retail investors have net inflowed $259 million into BitMine stocks since July
According to Bloomberg, U.S. listed company BitMine Immersion Technologies Inc. has become the most popular overseas stock among South Korean retail investors, with a net inflow of $259 million since July. It is reported that BitMine has transformed into a digital asset treasury company and currently holds Ethereum worth $3.6 billion, making it the world's largest Ethereum reserve holder. Affected by Ethereum's price breaking through $4,300, BitMine's stock price soared over 3,000% in July but then pulled back 62%. Approximately one-third of South Korea's population is active in the digital asset market, preferring high-risk, high-return investment opportunities.
CME Ethereum futures trading volume hit a new high of $118 billion in July, up 82% month-on-month
According to data from The Block, CME Ethereum futures trading volume hit a record high of $118 billion in July, up 82% month-on-month. Open interest jumped from $2.97 billion in June to $5.21 billion, an increase of 75%. In addition, the total global Ethereum futures trading volume reached $2.12 trillion in July, a year-on-year increase of 38%, surpassing the previous historical high of $1.87 trillion in May 2021. Ethereum's price broke through $4,300 on August 9, the highest level since December 2021, and Google search volume also reached a new high since June 2022.
Listed company Exodus holds 2,058 BTC and 2,729 ETH, with a total value exceeding $227 million
According to Globenewswire, New York Stock Exchange-listed self-custody cryptocurrency platform Exodus Movement released its quarterly financial and operational results report as of June 30, 2025, which disclosed that the company holds 2,058 BTC (worth $220.5 million), 2,729 ETH (worth $6.8 million), as well as USDC, cash and cash equivalents, and U.S. bonds worth $58.1 million, with total assets reaching $291.2 million.
FTX/Alameda redeemed and transferred out $34.09 million worth of SOL 6 hours ago, with approximately $829 million worth of SOL still staked
According to Yu Jin's monitoring, the FTX/Alameda staking address redeemed and transferred out 190,000 SOL 6 hours ago, with a total value of approximately $34.09 million, distributed to 29 addresses. Historical records show that most receiving addresses will subsequently transfer SOL to Coinbase or Binance. Since November 2023, FTX/Alameda has redeemed and transferred out a total of 8.788 million SOL, with a total value of approximately $1.159 billion, at an average transfer price of $132 per coin. Currently, its staking address still has 4.727 million SOL (approximately $829 million) in staking.
Filecoin's first ProPGF grants over $3.6 million to 14 teams
Filecoin successfully completed its first Public Goods Funding (ProPGF), granting a total of $3.6818 million to 14 teams for building infrastructure, developing tools, and key services to promote the development of next-generation Filecoin applications. The funded teams include Curio Dashboard, Fil Note, Filecoin Developer Tooling (FIL-B), Filecoin EconoLens MCP Server, Game Theoretic Programmable Fil+ Allocator, Titan Network (SP Bandwidth), IPNI, FIL Ponto, Chainfee, CIDgravity Gateway, Curio Storage, EverMedia Vault, Lynx, and Filecoin Retrieval Checkers (FilCDN) as FWS Services. This funding covers multiple areas from high-performance data retrieval to programmable transaction allocation, with initial funds to be disbursed this week. The second round of funding is expected to launch in October 2025, and unsuccessful teams can participate in the autumn application or explore other funding channels.
Terraform Labs founder Do Kwon may plead guilty, U.S. court scheduled to hold hearing on August 12
According to Coindesk, Terraform Labs founder Do Kwon may change his previous "not guilty" plea at a hearing at 10:30 PM on August 12. It is reported that Kwon faces multiple fraud and market manipulation charges over Terraform's operations and the collapse of the Terra/Luna stablecoin network, and has been ordered by the U.S. Securities and Exchange Commission to pay $4.5 billion in fines and compensation in a civil case. The trial was originally scheduled to start in January next year, and prosecutors need to review 6TB of data. Kwon was extradited from Montenegro to the United States last year and was previously detained for attempting to leave the country with a fake passport. Before the trial, the judge asked defense attorneys and the defendant to review any plea agreements or related documents.
USDC Treasury minted an additional 250 million USDC on Ethereum in the early morning
According to Whale Alert monitoring, in the early morning of August 12 Beijing time, USDC Treasury minted 75,000,000, 100,000,000, and 75,000,000 USDC on the Ethereum network at 00:59, 02:01, and 02:23 respectively, with a total value of approximately $250 million.
An institution/whale added nearly 60,000 ETH, currently holding $1.24 billion worth of ETH
According to Onchain Lens monitoring, a whale or institution recently added 59,998 ETH from FalconX, Galaxy Digital, and BitGo, with a total value of approximately $254 million. Currently, this whale holds a total of 293,184 ETH, with a total value of $1.24 billion, distributed across 9 different wallets.
Stripe partners with Paradigm to develop Tempo blockchain
According to Fortune, fintech giant Stripe is collaborating with crypto venture capital firm Paradigm to develop a blockchain called Tempo, which is positioned as a high-performance, payment-focused Layer 1 blockchain compatible with Ethereum's programming languages. Tempo is currently in stealth development with a team of 5 people. Previously, Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion and crypto wallet developer Privy to further its layout in stablecoin technology.
Uniswap Foundation proposes to adopt Wyoming's DUNA framework to promote protocol fee mechanism
According to The Block, the Uniswap Foundation proposes to establish a Wyoming "DUNA" legal entity for its DAO governance organization to meet compliance and tax requirements, and plans to allocate $16.5 million worth of UNI to settle past taxes and legal defense budgets. This move will pave the way for activating the fee mechanism for the Uniswap protocol, with part of the LP fees flowing into the DAO treasury. The new entity does not change the Uniswap protocol, tokens, or governance structure, and fee income cannot be directly distributed to UNI holders. Cowrie Advisors will serve as the DUNI administrator.
Mill City Ventures purchases another $20 million worth of SUI tokens
According to The Block, Nasdaq-listed company Mill City Ventures purchased 5.6 million SUI from the SUI Foundation at a discounted price of $3.65 per token, with a total transaction value exceeding $20 million. Mill City currently holds nearly 81.9 million SUI and plans to generate income by staking SUI. The company has previously raised $450 million through private placement and obtained a maximum additional purchase quota of $500 million, and will dynamically increase its holdings of SUI, including purchases from the foundation, secondary market, and other investors.
Trump declares public safety emergency in Washington, D.C.
U.S. President Trump officially declared a public safety emergency in Washington, D.C.
Paxos applies to convert New York trust license to U.S. national trust license
According to PR Newswire, Paxos announced that it has submitted an application to the Office of the Comptroller of the Currency (OCC) to convert its New York Department of Financial Services (NYDFS) trust license to a national trust license. If approved, Paxos will be regulated by the OCC in the United States and continue to be regulated by multiple authorities such as the European FIN-FSA, Singapore's MAS, and Abu Dhabi's FSRA. Paxos stated that all issued assets will continue to be fully supported by bankruptcy-remote reserves such as U.S. dollars, U.S. Treasury bonds, and cash to ensure 1:1 redemption. The company said services will remain unchanged, with partners including PayPal, Mastercard, etc.
U.S. stocks' Ethereum reserve concept rises, BMNR up over 23%, SBET up over 13%
U.S. stocks' Ethereum reserve concept rose, with BMNR up over 23%, SBET up over 13%, BTCT up over 7%, BTBT and Conglian Group up nearly 7%.
FG Nexus announces purchase of 47,331 ETH for $200 million
According to GlobeNewswire, Fundamental Global Inc (FG Nexus, Nasdaq: FGNX, FGNXP) announced that it has purchased a total of 47,331 ETH at the current price of $4,228.40 per token. The company has used all $200 million in private placement funds to purchase ETH and plans to enhance ETH Yield through staking and re-staking, becoming one of the world's largest corporate-level ETH holders. FG Nexus will collaborate with Anchorage Digital and Galaxy to promote the global adoption of ETH as a corporate reserve asset and accelerate the layout of tokenized physical assets and stablecoin income businesses under the Ethereum ecosystem.
Bezos' aerospace company Blue Origin to accept Bitcoin and cryptocurrency payments
According to BusinessWire, Jeff Bezos' aerospace company Blue Origin has partnered with payment technology company Shift4 to launch cryptocurrency and stablecoin payment options, allowing users to purchase New Shepard space travel with Bitcoin, Ethereum, Solana, USDT, and USDC. Customers can connect Coinbase and MetaMask wallets for instant, secure payments. This feature is available for all New Shepard commercial flight bookings starting today.
ENS multi-signature wallet transfers nearly 142,000 ENS to trading platforms
According to Yu Jin, a multi-signature wallet of ENS transferred 141,937 ENS (approximately $4.02 million) within 20 minutes, with 72,437 flowing to FalconX and 69,500 to Coinbase.
Zoth receives $15 million strategic investment from Bolts Capital to promote RWA on-chain
Blockchain protocol Zoth announced that it has received a $15 million strategic funding commitment from Bolts Capital to accelerate the construction of its "Real World Asset" (RWA) on-chain ecosystem through token purchases. Zoth will focus on compliance and innovation, with a focus on advancing the development of RWAFi protocols, initially focusing on the tokenization of treasury bond products, and plans to expand to emerging markets and alternative assets. Previously, Zoth experienced a security incident with ZeUSD, and the official stated that it has focused on strengthening security and trust building. Currently, Zoth is preparing for its token generation event (TGE) and will subsequently announce its token economy, ecological incentives, and project roadmap.
Safety Shot announces strategic cooperation with BONK, receives $25 million worth of BONK tokens
According to StockTitan, Safety Shot (Nasdaq: SHOT) announced a strategic alliance with the BONK founding team, under which it will receive $25 million worth of BONK tokens in exchange for issuing $35 million in convertible preferred stock. Safety Shot has paid off all debts and holds $15 million in cash. This cooperation aims to incorporate BONK into the company's balance sheet and promote asset diversification. As the fourth-largest memecoin on the Solana chain, BONK has a market value of over $2 billion and more than 980,000 on-chain token holders. Dominari Securities acted as the exclusive financial advisor for this transaction.
Chainlink partners with ICE to bring foreign exchange and precious metals data to blockchain
Chainlink announced a partnership with Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, to integrate global foreign exchange and precious metals pricing data from ICE Consolidated Feed into Chainlink Data Streams, serving over 2,000 on-chain applications and financial institutions. This cooperation aims to provide blockchain with data support that meets the accuracy and low-latency requirements of traditional capital markets, promoting the development of institutional-level applications such as asset tokenization and automatic settlement. ICE stated that this cooperation brings trusted, multi-asset class structured data to crypto applications, marking the further integration of the on-chain financial system with traditional markets.
Truth Social submits Bitcoin spot ETF amendment document
According to Bloomberg ETF analyst Eric Balchunas, Truth Social Bitcoin spot ETF has submitted an amendment to its S-1 registration statement to the U.S. SEC, but has not yet disclosed the management fee rate and ticker symbol. The ETF is sponsored by Yorkville America Digital, LLC. According to Jinshi, Trump Media & Technology Group (DJT.O): The Bitcoin ETF will be launched later this year.
SharpLink completes $400 million private placement and holds nearly 600,000 ETH
According to SharpLink official news, the company completed a $400 million private placement at $21.76 per share, led by five global institutional investors. As of August 11, 2025, Beijing time, the company holds approximately 598,800 Ethereum, with approximately $200 million in ATM fundraising yet to be deployed. After full investment as planned, the market value of ETH holdings is expected to exceed $3 billion.
BitMine holds over 1.15 million ETH, with a market value of nearly $5 billion
According to PR Newswire, BitMine Immersion Technologies (BMNR) announced that its Ethereum (ETH) holdings have exceeded 1,150,263 tokens, with a total market value of approximately $4.96 billion at $4,311 per token, making it the world's largest ETH treasury and the third-largest cryptocurrency treasury globally. The company increased its holdings by approximately 320,000 ETH within a week, with the market value of holdings increasing by $2 billion. BitMine is supported by institutions such as ARK, Founders Fund, and Pantera, with the goal of holding 5% of the total ETH. BMNR is currently the 25th most liquid stock in the United States, with an average daily turnover of $2.2 billion.
ALT5 Sigma Announces $1.5 Billion Directed Private Placement and Launch of WLFI Token Treasury Strategy
According to BusinessWire, ALT5 Sigma Corporation (NASDAQ: ALTS) announced that it has signed an agreement to issue and sell a total of 200 million common shares at a price of $7.5 per share, with the expected total fundraising amount reaching $1.5 billion. The private placement portion will be subscribed by World Liberty Financial (WLFI) using WLFI tokens. Upon completion of the transaction, ALT5 will hold approximately 7.5% of the total supply of WLFI tokens and launch a cryptocurrency treasury strategy. Zach Witkoff, co-founder and CEO of WLFI, will serve as the Chairman of ALT5's Board of Directors, and Eric Trump will join as a director. The raised funds will be used for the acquisition of WLFI tokens, company operations, debt repayment, and litigation settlements, among other purposes.
Sequans Purchases 13 Bitcoins for Approximately $1.5 Million, Total Holdings Increase to 3,171
According to Sequans' official website, Sequans Communications announced the purchase of 13 Bitcoins for approximately $1.5 million, with an average price of $117,012 per coin. As of August 8, the company's total Bitcoin holdings have increased to 3,171, with a total investment of approximately $370 million and an average purchase price of $116,709 per coin. Sequans regards Bitcoin as its main reserve asset and continues to increase its holdings through equity financing, debt financing, and operating income.
CoinShares: U.S. 401(k) Approval Drives $572 Million Weekly Net Inflow into Digital Asset Funds
According to CoinShares, driven by the U.S. government's approval of 401(k) retirement plans to invest in crypto assets, digital asset investment products recorded a net inflow of $572 million this week. Ethereum ETPs attracted $268 million in funds, with cumulative inflows reaching $8.2 billion this year, and assets under management rising to $32.6 billion, an 82% increase year-to-date. Bitcoin resumed net inflows of $260 million. Solana, XRP, and Near recorded inflows of $21.8 million, $18.4 million, and $10.1 million respectively. The United States and Canada recorded net inflows of $608 million and $16.5 million respectively, while Europe saw a net outflow of $54.3 million.
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