Crypto Pro Updates
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🎰 James Wynn back. After receiving 19,206 #USDC as a referral fee, he opened a long position with 25x leverage on #ETH. Liquidation price: $4,152.
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πŸ“Š #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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🎰 Another trader deposited $1 million on Hyperliquid and opened longs with maximum leverage on #ETH, #BTC and #PUMP.
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πŸ” Privacy-oriented coins trading below $100 million FDV. #FHE #CCD #SCRT
πŸ€” Bernstein analysts believe the cryptocurrency bull market will last until 2027. theblock.co
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πŸ‘ #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.
πŸ‡ΊπŸ‡Έ State of Wyoming issues U.S. dollar stablecoin on 7 blockchains. coindesk.com
πŸ†• #SUI Robinhood has listed SUI
πŸ₯³ #DOT Polkadot Network is rolling out Polkadot Capital Group, an institutional unit designed to bring together traditional finance and Web3 infrastructure. coindesk
πŸ’° #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.
πŸ™‹β€β™‚οΈ #BTC VCI Global Limited (#VCIG), a Nasdaq-listed company, announced a $2 billion agreement with digital asset owners to launch an 18,000 BTC-backed crypto infrastructure joint venture.
The project will facilitate institutional applications of cryptocurrency, including tokenization of real assets backed by BTC.
🦊🀝 #TRX MetaMask ΠΈΠ½Ρ‚Π΅Π³Ρ€ΠΈΡ€ΡƒΠ΅Ρ‚ TRON. theblock
πŸ“ŠπŸ‘€ CQ: #ETH/#BTC ratio is reaching yearly highs
The relative performance of ETH versus BTC, combined with record spot trading volumes and increased derivatives positions, signals a shift in market dynamics in Ethereum's favor in the short term.
β›πŸΆ #DOGE #LTC Thumzup plans to acquire Dogehash Technologies, a miner that specializes exclusively in the Scrypt algorithm used by Dogecoin and Litecoin.
πŸ₯³ #1INCH 1inch has implemented swaps between Solana and EVM networks
πŸ™‹β€β™‚ #HYPE Valantis has acquired StakedHYPE, the second largest liquid steaking platform on HyperEVM from Hyperliquid. theblock
πŸ€πŸ‘€ #AVAX #RWA Tokeny, recently acquired by Apex Group, is set to tokenize two SkyBridge funds on the Avalanche network.
🐳 #ETH Whales are panic-selling ETH as the market plummets:

- "0x1D8d" deposited 17,972 ETH ($77.4M) to Coinbase one hour ago;
- "0x5A8E" deposited 13,521 ETH ($57.72M) to Binance in the past 30 minutes;
- "0x3684" deposited 3,003 ETH ($12.89M) to Binance 40 minutes ago.

Despite the market downturn, institutions keep buying ETH:

Two institution-linked wallets, "0x50A5" and "0x9bdB", received another 9,044 ETH ($38M) from FalconX ~45 minutes ago.
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πŸ‡ΊπŸ‡ΈπŸ‘€ SEC Commissioner Hester Pierce: We are inviting small, early-stage crypto projects to meet with us in Chicago on September 15.