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  • 01:46
    "$125,000 ETH Long Position Whale Only $44 Away from Liquidation"
    According to Jinse Finance, on-chain data shows that the "whale who rolls over $125,000 to go long on ETH" added another 2,000 ETH (approximately $8.86 million) to their position at 6 a.m. today. The total value of their long position has now reached $46.51 million, with a liquidation price near $4,256. As of press time, ETH is trading at $4,300, just about $44 away from liquidation.
  • 01:36
    BMNR Cryptocurrency Holdings Exceed $6.612 Billion
    According to Jinse Finance, Ethereum treasury and crypto mining company BitMine (BMNR) announced today that its cryptocurrency holdings have surpassed $6.612 billion. As of 11:59 PM Eastern Time on August 17, the company’s crypto asset portfolio consisted of: 1,523,373 Ethereum (ETH, priced at $4,326 each according to Bloomberg), 192 Bitcoin (BTC), and $80 million in unsecured cash. Currently, BitMine ranks first globally in terms of Ethereum holdings and second in total global cryptocurrency holdings, trailing only a certain exchange—which holds 628,946 Bitcoin valued at $7.4 billion.
  • 01:32
    US SEC Delays Approval of Truth Social and Multiple Crypto ETFs Again
    Foresight News reports, citing The Block, that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin and Ethereum ETFs until October 8. Earlier this week, the SEC also routinely delayed the approval of the CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF. The review of the related XRP Trust and the 21Shares Core Ethereum ETF staking proposal has also been postponed. The SEC stated that more time is needed to consider the proposed rule changes and the issues involved.
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