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  • 02:16
    A major whale/institution liquidates 10,425 ETH worth $49.737 million
    According to Jinse Finance, a whale or institution sold their remaining 10,425 ETH for 49.737 million USDT over the past 13 hours. They bought ETH in July and sold in August, turning 98.33 million USDT into 150 million USDT. 1. In June, they used 10 addresses to bridge 98.33 million USDT from TRX to ETH, then on July 14 went all-in and purchased 33,333 ETH at an average price of $2,950. 2. After holding ETH for a month, they began selling. By early this morning, all ETH had been sold at an average price of about $4,555. 3. Through this ETH investment, they made a profit of $51.7 million, turning 98.33 million USDT into 150 million USDT.
  • 02:16
    Opinion: Bitcoin Mining Faces an "Extremely Challenging" Market, Electricity Becomes the Key Currency
    According to ChainCatcher, as reported by CoinDesk, at the SALT conference in Jackson Hole, executives from Bitcoin mining companies stated that the traditional Bitcoin halving cycle is having a diminishing impact on mining operations, as institutional demand and power infrastructure are reshaping the industry. With increasing hash rates and tightening mining profit margins, securing low-cost energy has become the key to profitability. For example, Cleanspark is expanding its business beyond Bitcoin mining, leveraging its energy infrastructure to provide services for artificial intelligence and data centers. Terawulf, on the other hand, has reached a $6.7 billion lease-backed agreement with Google, converting hundreds of megawatts of its mining infrastructure into data center space.
  • 02:07
    Data: Ethereum Spot ETF Sees Net Inflow of $341 Million on August 22, with Fidelity FETH Leading at $118 Million
    According to ChainCatcher, SoSoValue data shows that on August 22 (Eastern Time), the total net inflow into Ethereum spot ETFs reached $341 million, with none of the nine ETFs experiencing a net outflow. On August 22, the Ethereum spot ETF with the highest single-day net inflow was Fidelity’s ETF FETH, with a net inflow of $118 million for the day. FETH’s historical total net inflow has now reached $2.656 billion. The next highest was BlackRock’s ETF ETHA, with a single-day net inflow of $109 million, bringing ETHA’s historical total net inflow to $12.157 billion. As of press time, the total net asset value of Ethereum spot ETFs stands at $30.576 billion, with the ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) at 5.22%. The historical cumulative net inflow has reached $12.43 billion.
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