⛏️📈 Bitdeer's Q2 mining revenue grew 43% and BTC holdings rose to $175 million. theblock.co #mining
🔮 #BTC TD Cowen maintains Strategy's price target at $680 after the company acquired BTC for $51.4 million. theblock.co
📊 Distribution of trading volume on L2. Base accounts for almost half of the activity.
🔮 #BTC VanEck predicts that BTC will reach $180k by the end of the year.
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🔍🐳 Whale Transactions:
1. Longling Capital sold 5,000 #ETH ($21.56 million). Over the past 2 years, they withdrew 123,405 ETH ($290 million) from Binance at an average price of $2349 and then sold 70,800 ETH ($248 million) at an average price of $3502 for a profit of $184 million;
2. Whale received 300 #BTC ($34.85 million) from FalconX. In the last month, he accumulated 1,521 BTC ($179.4 million) at an average price of $117,921;
3. Whale, who owns 18,783 ETH ($81 million), started selling ETH after nearly a year of inactivity. He sold 3,075 ETH ($13.25 million) at a price of $4310, leaving 15,708 ETH ($67.5 million);
4. New Wallet withdrew 15,752 ETH ($68.63 million ) from FalconX.
1. Longling Capital sold 5,000 #ETH ($21.56 million). Over the past 2 years, they withdrew 123,405 ETH ($290 million) from Binance at an average price of $2349 and then sold 70,800 ETH ($248 million) at an average price of $3502 for a profit of $184 million;
2. Whale received 300 #BTC ($34.85 million) from FalconX. In the last month, he accumulated 1,521 BTC ($179.4 million) at an average price of $117,921;
3. Whale, who owns 18,783 ETH ($81 million), started selling ETH after nearly a year of inactivity. He sold 3,075 ETH ($13.25 million) at a price of $4310, leaving 15,708 ETH ($67.5 million);
4. New Wallet withdrew 15,752 ETH ($68.63 million ) from FalconX.
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🆕 #API3 Upbit adds API3 as a digital asset on KRW and USDT pairs. API3 market capitalization: $72 million
📊 #BTC CQ: For the first time since January, short-term BTC holders are selling at a loss again. A prolonged period of realized losses often precedes corrective phases as speculative holders exit the market, while a short-term one can drive out weak hands, opening the way for more sustainable gains.
📊 #BTC #ETH #ETF According to data analyst Dragonfly, the BTC-ETF currently contains 6.38% of the total BTC supply, while the ETH-ETF contains 5.08% of the total ETH supply. If the current growth rate continues, the ETH-ETF will surpass the BTC-ETF in terms of the percentage of total supply contained by September.
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🤔 Bernstein analysts believe the cryptocurrency bull market will last until 2027. theblock.co
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👍 #USDT Former White House Cryptocurrency Council executive director Bo Hynes moved to an advisory role at Tether.
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🎢 #BTC CQ: Bitcoin Long-Term Holder SOPR just spiked to 273. That means LTHs are realizing profits at ~273x their cost basis on-chain.
🇺🇸 State of Wyoming issues U.S. dollar stablecoin on 7 blockchains. coindesk.com
🥳 #DOT Polkadot Network is rolling out Polkadot Capital Group, an institutional unit designed to bring together traditional finance and Web3 infrastructure. coindesk
💰 #ETH SharpLink announced an increase in their assets by 143,593 ETH, bringing their total position to 740,760.
🤝 Two Prime has partnered with Figment to offer institutional clients the opportunity to earn rewards for staking crypto.