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Bitmine Invests $45 Million to Acquire 9,613 More ETH, Now Holds $7 Billion Worth of ETH
According to a report by Jinse Finance, Arkham's monitoring shows that Bitmine spent $45 million to acquire an additional 9,613 ETH 32 minutes ago, bringing the total value of its ETH holdings to $7 billion.
According to a report by Jinse Finance, Arkham's monitoring shows that Bitmine spent $45 million to acquire an additional 9,613 ETH 32 minutes ago, bringing the total value of its ETH holdings to $7 billion.
Data: 62% of Americans expect the unemployment rate to rise in the next 12 months
According to a report by Jinse Finance, The Kobeissi Letter stated that 62% of Americans now expect the unemployment rate to rise over the next 12 months, marking one of the highest levels since the 2008 financial crisis. This proportion has doubled in less than a year, and such a high percentage has never been seen during non-recession periods. Interestingly, households in the top 33% income bracket are more pessimistic than those in the middle- and low-income groups. In previous economic cycles, a shift in expectations of this magnitude has, in 100% of cases, signaled a surge in unemployment rates.
According to a report by Jinse Finance, The Kobeissi Letter stated that 62% of Americans now expect the unemployment rate to rise over the next 12 months, marking one of the highest levels since the 2008 financial crisis. This proportion has doubled in less than a year, and such a high percentage has never been seen during non-recession periods. Interestingly, households in the top 33% income bracket are more pessimistic than those in the middle- and low-income groups. In previous economic cycles, a shift in expectations of this magnitude has, in 100% of cases, signaled a surge in unemployment rates.
An Early Bitcoin Whale Deposits Another 5,000 BTC into Hyperliquid to Increase ETH Holdings
According to Jinse Finance, Onchain Lens monitoring shows that an ancient Bitcoin whale has further deposited 5,000 BTC (worth approximately $574.67 million) into Hyperliquid to exchange for ETH. Currently, this ancient whale holds 179,498 ETH, valued at about $850.5 million, and maintains a long position of 135,265 ETH, worth approximately $640.92 million.
According to Jinse Finance, Onchain Lens monitoring shows that an ancient Bitcoin whale has further deposited 5,000 BTC (worth approximately $574.67 million) into Hyperliquid to exchange for ETH. Currently, this ancient whale holds 179,498 ETH, valued at about $850.5 million, and maintains a long position of 135,265 ETH, worth approximately $640.92 million.
A Whale Panic Sells Low and Buys High on ETH
According to ChainCatcher, citing monitoring by lookonchain, whale address 0x3c9E consistently panic-sells ETH during market downturns, only to buy back at higher prices.
July 29 – August 3: Sold 38,582 ETH at an average price of $3,548 (approximately $136.9 million).
August 8 – August 15: Bought back 16,800 ETH at an average price of $4,424 (approximately $74.3 million).
August 16 – August 20: Sold 10,900 ETH at an average price of $4,369 (approximately $47.6 million).
In the past 20 hours: Bought back 7,500 ETH at an average price of $4,747 (approximately $35.6 million).
According to ChainCatcher, citing monitoring by lookonchain, whale address 0x3c9E consistently panic-sells ETH during market downturns, only to buy back at higher prices.
July 29 – August 3: Sold 38,582 ETH at an average price of $3,548 (approximately $136.9 million).
August 8 – August 15: Bought back 16,800 ETH at an average price of $4,424 (approximately $74.3 million).
August 16 – August 20: Sold 10,900 ETH at an average price of $4,369 (approximately $47.6 million).
In the past 20 hours: Bought back 7,500 ETH at an average price of $4,747 (approximately $35.6 million).
Bitget Now Supports Pre-market and Futures Trading for WLFI
According to an official announcement reported by ChainCatcher, Bitget has now launched pre-market trading and contract trading, with leverage ranging from 1 to 25 times.
According to an official announcement reported by ChainCatcher, Bitget has now launched pre-market trading and contract trading, with leverage ranging from 1 to 25 times.
Data: If ETH falls below $4,488, total long liquidations on major CEXs will reach $4.348 billion
According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,488, the total long liquidation volume across major CEXs will reach $4.348 billion. Conversely, if ETH breaks above $4,958, the total short liquidation volume across major CEXs will reach $2.465 billion.
According to ChainCatcher, citing data from Coinglass, if ETH falls below $4,488, the total long liquidation volume across major CEXs will reach $4.348 billion. Conversely, if ETH breaks above $4,958, the total short liquidation volume across major CEXs will reach $2.465 billion.
Aave founder once responded: The protocol related to the WLFI proposal remains valid
According to ChainCatcher, Aave founder Stani.eth responded at 20:30 today to questions regarding “Is the agreement between WLFI and the AAVE protocol still valid? Are they really building on Aave? There are many different rumors circulating,” stating that the protocol remains valid.
“At current prices, the Aave treasury will receive WLFI worth $2.5 billion, making it one of the biggest winners of this cycle.” In response to this view, the Aave founder prominently reposted and commented, “The art of the deal.”
As previously reported by ChainCatcher, on-chain analyst @ai_9684xtpa posted an analysis on X, stating that according to previous proposals, Aave, as a WLFI lending ecosystem partner, will have WLFI in this Aave v3 instance adopt the same reserve factor mechanism as the main Aave instance.
AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance, and will also obtain about 7% of the total WLFI token supply, to be used for future participation in WLFI governance processes, liquidity mining, and promoting the decentralization of the WLFI platform.
The distribution of proceeds will be implemented through a trustless smart contract, which will directly allocate the corresponding proportion of protocol fees to the AaveDAO treasury address and the WLFI treasury address.
According to ChainCatcher, Aave founder Stani.eth responded at 20:30 today to questions regarding “Is the agreement between WLFI and the AAVE protocol still valid? Are they really building on Aave? There are many different rumors circulating,” stating that the protocol remains valid.
“At current prices, the Aave treasury will receive WLFI worth $2.5 billion, making it one of the biggest winners of this cycle.” In response to this view, the Aave founder prominently reposted and commented, “The art of the deal.”
As previously reported by ChainCatcher, on-chain analyst @ai_9684xtpa posted an analysis on X, stating that according to previous proposals, Aave, as a WLFI lending ecosystem partner, will have WLFI in this Aave v3 instance adopt the same reserve factor mechanism as the main Aave instance.
AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance, and will also obtain about 7% of the total WLFI token supply, to be used for future participation in WLFI governance processes, liquidity mining, and promoting the decentralization of the WLFI platform.
The distribution of proceeds will be implemented through a trustless smart contract, which will directly allocate the corresponding proportion of protocol fees to the AaveDAO treasury address and the WLFI treasury address.
Bitcoin OG Moves Another 4,000 BTC to Buy ETH, Total Purchases Reach 179,448 ETH
According to a report by Jinse Finance, Lookonchain monitoring shows that a Bitcoin OG has once again transferred 4,000 BTC (worth $460 million) to purchase Ethereum. So far, he has bought 179,448 ETH (worth $806 million) at an average price of $4,490, and still holds a long position of 135,265 ETH (approximately $581 million).
According to a report by Jinse Finance, Lookonchain monitoring shows that a Bitcoin OG has once again transferred 4,000 BTC (worth $460 million) to purchase Ethereum. So far, he has bought 179,448 ETH (worth $806 million) at an average price of $4,490, and still holds a long position of 135,265 ETH (approximately $581 million).
StandardHash Completes US IPO Assessment, Poised to Become the Fastest-Listed Crypto Company
On August 23, it was reported that StandardHash has passed its IPO evaluation and is set to go public in the United States. If successful, it will become the blockchain industry’s fastest company to go from founding to listing. StandardHash, established in 2024, already serves users in over 110 countries worldwide, with all mining machines operating in the United States. Additionally, company records show that it is led by the former founder of C.B. Cloud and a former product director of Bitmain. From day one, the company has strictly enforced KYC policies, with every move made in preparation for going public.
On August 23, it was reported that StandardHash has passed its IPO evaluation and is set to go public in the United States. If successful, it will become the blockchain industry’s fastest company to go from founding to listing. StandardHash, established in 2024, already serves users in over 110 countries worldwide, with all mining machines operating in the United States. Additionally, company records show that it is led by the former founder of C.B. Cloud and a former product director of Bitmain. From day one, the company has strictly enforced KYC policies, with every move made in preparation for going public.
Interpol arrests over 1,200 suspects across multiple African countries, seizing more than $100 million in cryptocurrency
According to a report by Jinse Finance, on August 22, Interpol announced that authorities across Africa had arrested more than 1,200 suspects in a large-scale cybercrime operation and seized nearly $100 million, dismantling online fraud networks and illegal cryptocurrency mining activities. At the same time, investigators uncovered 11,432 malicious infrastructures linked to ransomware, business email compromise schemes, and online investment fraud.
According to a report by Jinse Finance, on August 22, Interpol announced that authorities across Africa had arrested more than 1,200 suspects in a large-scale cybercrime operation and seized nearly $100 million, dismantling online fraud networks and illegal cryptocurrency mining activities. At the same time, investigators uncovered 11,432 malicious infrastructures linked to ransomware, business email compromise schemes, and online investment fraud.