π #ETH Santiment: Ethereum is back up to ~$4.5k, thanks to hoarding by whales owning between 1k and 100k ETH. They have accumulated 14.0% of coins in exactly 5 months.
π #BTC Shares of Trump-backed American Bitcoin, which combines a strategy of buying and mining BTC, rose nearly 17% to $8.04 per share on its first day of trading. theblock
π€ #ETH ETH exchange-traded reserves fall to 3-year low as ETFs, corporate treasury strategies absorb supply. cointelegraph.com
Analysts: ETH outperforms #BTC thanks to capital rotation and boom in digital asset treasuries. theblock
Analysts: ETH outperforms #BTC thanks to capital rotation and boom in digital asset treasuries. theblock
ππ³ Whale Transactions:
1. 2 new wallets withdrew 34,000 #ETH ($151 million) from Binance and transferred it to Aave (1, 2);
2. Institutionalizers continue buying up ETH. Bitmine received 14,665 ETH ($65.3 million) from Galaxy Digital. 3 new wallets received 65,662 ETH ($293 million) from FalconX.
1. 2 new wallets withdrew 34,000 #ETH ($151 million) from Binance and transferred it to Aave (1, 2);
2. Institutionalizers continue buying up ETH. Bitmine received 14,665 ETH ($65.3 million) from Galaxy Digital. 3 new wallets received 65,662 ETH ($293 million) from FalconX.
π€ Trend Research, which owns 67.08% of the total #NEIRO offering, deposited $129 million NEIRO ($10 million) on Bybit. Between March 24 and August 23, the company withdrew $670.75 million of NEIRO ($55.55 million, 67.08% of total supply) from exchanges at an average price of $0.083 through 14 wallets.
πββοΈ #UNI The Uniswap community votes on a proposal to create a new legal entity in the US state of Wyoming, whose purpose will be to support offchain operations. theblock
ππ Sentora: #BTC treasury balances have expanded sequentially each month this year.
The steady accumulation points to durable institutional conviction despite volatile market conditions.
The steady accumulation points to durable institutional conviction despite volatile market conditions.
π #SOL Over 48,000 new tokens were launched on the Solana blockchain in yesterday's 24-hour period. This is the largest daily total since August 13.
π #BTC CQ: In recent months, BTC price dynamics have been driven less by ETF flows and more by regional liquidity. Onchain and exchange data show a clear pattern: Asia often initiates the initial movement, while the US decides whether it will last.
π΅οΈββοΈπ§― Morph burned 220 million #BGB (~$1.09 billion) and blocked another 220 million BGB as part of a partnership with Bitget announced Tuesday.
Morph will use BGB as its gas token and management token, and the Morph Foundation will update the BGB burning mechanism by linking it to Morph network activity until the total supply of BGB is reduced to 100 million.
BGB reacted to the news of the partnership by pumping +14%
Morph will use BGB as its gas token and management token, and the Morph Foundation will update the BGB burning mechanism by linking it to Morph network activity until the total supply of BGB is reduced to 100 million.
BGB reacted to the news of the partnership by pumping +14%
πΏπ§― #CRO are burning in batches of $50 million They have currently burned $150 million worth of tokens.
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π€π° #AI startup Supersonik has completed a $5 million seed round of funding led by a16z
π° #ETH Bit Digital reported owning 121,252 ETH (~$533 million), of which about 86.6% (roughly 105,031 ETH) is staked.