🗣 #XRP ZachXBT responds to why "users don't like Ripple":
- XRP offering is heavily controlled by insiders;
- veiled presentation of paid partnerships as technology adoption;
- Registry history was "lost" in the early stages;
- problematic mechanisms such as partial payment exploits;
- lack of infrastructure for analytics

📝 Projects by Diluted Valuation launched this week

📊 #ETH CQ: Ethereum has broken a record with over 121 million ETH in circulation. Ethereum continues to expand its monetary base, but it does so with a model that combines controlled issuance with staking.

🕵️‍♂️ Whale Transactions:
- Arthur Hayes acquired #ETH, #LDO, #ETHFI and #PENDLE for a total of about $6.85 million;
- Galaxy Digital transferred 224,000 #SOL ($41.1 million) to Binance and Coinbase;
- 5 Ethena institutional investor addresses (including Amber Group and Strobe Ventures) transferred 40.2 million #ENA worth ~$29.8 million to exchanges.

🤔 #BTC #MSTR Saylor is probably hinting that Strategy acquired Bitcoin this week.

📊 #BTC Glassnode: The correlation of BTC with US M2 money supply or other major economies does not show a consistent or predictable pattern.
Periods of positive correlation are often followed by negative or insignificant correlations, with changes occurring independently of clear macroeconomic factors.
Despite frequent claims of a stable relationship, the evidence suggests that the relationship is largely stochastic rather than structural.

📝 Projects that will hold their initial listing next week

🥳 #SOL **Telemetry** (the new terminal from BONKBot) has gained support for Russian, Korean and Chinese and introduced an update including whale activity tracking, a list of trending tokens, handy filters and presets for trading on the Solana network.

🕵 #ETH A whale/institution withdrew 1,608 ETH, worth $6.79M, from Kraken.

In the past 3 weeks, the whale has withdrawn a total of 51,536 ETH, worth $217.93M. Currently having a floating profit of $25.43M.

Address: 0xD47954CEdA52046eDc40d3bE5EAf164839f133c0

🍿 #ZRO #STG CEO LayerZero: This proposal is for the acquisition of Stargate, combining the two tokens into one (ZRO), with all future excess revenue going to the ZRO buyback program.
This potential deal is just the tip of the iceberg. There is so much more to come.

🙋‍♂ #ZRO #STG Previously, the LayerZero Foundation offered to acquire Stargate.

💰 Top 7 Funding Rounds of This Week

🕵️‍♂️🐳 #ETH In the past hour, Binance, Coinbase & Bitstamp moved ~$160M in ETH to Galaxy Digital’s OTC desk.

Largest single tx: 4.5K ETH ($18.99M). Ethereum whales are moving heavy today.

🇺🇸🇨🇳 #AI Nvidia and AMD agree to pay 15% of proceeds from Chinese chip sales to the US government. #trade wars

📈 #BTC #ETH #ETF Last week (August 4-8), total net inflows of spot BTC-ETFs totaled ~$246.75 million.

Total net inflows of spot ETH-ETFs amounted to ~$326.83 million.

🔍🐳 Whale Transactions:

1. Whale accumulated another 49,533 #ETH ($212 million). In the last week he accumulated 221,166 ETH ($946.6 million) from FalconX , Galaxy Digital and BitGo;
2. hacker Infini sold 1,771 ETH ($7.44 million). He still has 9154 ETH ($38.85 million).

🤑😱 #BTC The fear and greed index is 70 - greed.

💸 #BTC Over the past 24 hours, contracts worth ~$367.13 million have been liquidated, of which longs have liquidated ~$153.11 million and shorts ~$214.02 million.

👍 #BNB Binance Alpha will be the first platform to launch Xeleb (#XCX).
Users who have accumulated at least 200 Binance Alpha Points will be able to receive 800 XCX tokens on a first-come, first-served basis.

📊👀 #BTC chart update with global liquidity (M2)

🐳 Over 200 million #ADA bought by whales in the last 48 hours