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Ethereum Whale Pulls $90.6M From Binance in Aggressive Accumulation Move Ethereum whales aren’t slowing down. With ETH pushing multi-month highs, large holders have been steadily loading up — and today’s activity is another big splash. On-chain data from Lookonchain shows a whale wallet (0x3952…) withdrew 21,000 ETH — worth about $90.6 million — from Binance in under 40 minutes on Aug. 12. Such exchange-to-wallet transfers typically signal major buy activity, hinting at accumulation rather than selling. This latest haul boosts the whale’s total stash to 86,001 ETH (around $260 million at current prices). Institutional Appetite Surges Ethereum’s recent momentum is being fueled not just by whales but also by institutional flows. Spot ETH ETFs have seen multiple consecutive days of inflows, contributing to ETH’s position as the second-best monthly gainer, per Glassnode data. While Bitcoin’s monthly returns have been steady, ETH has outpaced the market leader — a sign that big players may be tilting their bets toward the second-largest crypto by market cap. Bullish Pressure Builds Retail selling pressure appears to be no match for this sustained accumulation. With ETH recently retesting its $4,509 high, the relentless withdrawals from exchanges could tighten supply and potentially drive the next leg of the #Ethereum #Write2Earn #DeFiGetsGraded #CPIWatch $ETH $BTC $BNB
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Bitcoin Maxis Blast Tom Lee for Using BTC Branding to Push ETH Fundraise Bitcoin purists have found a new nemesis: Fundstrat’s ever-bullish Tom Lee. Lee is under fire from BTC advocates for leveraging a Bitcoin-branded logo to raise billions — not for Bitcoin — but for Ethereum. From BTC Mines to ETH Hoards BitMine Immersion Technologies, once a low-key Bitcoin mining outfit specializing in immersive cooling, made headlines in late July with a dramatic pivot. Under newly appointed chairman Tom Lee, the company ditched its Bitcoin focus in favor of an aggressive Ethereum treasury strategy. That gamble catapulted BitMine into the top spot for corporate ETH holdings, far surpassing Joe Lubin’s SharpLink Gaming, with a stash now worth nearly $5 billion. The move also drew heavyweight backing from Peter Thiel’s Founders Fund and Cathie Wood’s Ark Invest. ETH’s Michael Saylor? Once famous for lofty Bitcoin price calls on CNBC, Lee now seems intent on becoming Ethereum’s version of MicroStrategy’s Michael Saylor. Earlier today, BitMine announced plans to raise up to $20 billion for further ETH accumulation. But the branding choice struck a nerve. Prominent Bitcoiner grubles (@notgrubles) questioned the ethics of raising ETH funds under a Bitcoin logo: > “Anyone else find it sus to use a company with a Bitcoin logo for pumping ETH?” Lee has previously predicted ETH could overtake Bitcoin by market cap — and recently slapped a sky-high $16,000 target on the altcoin. #Write2Earn #ETH5kNext? #DeFiGetsGraded #BTCOvertakesAmazon #BTCReclaims120K $BTC $ETH $BNB
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#Bitlayer @BitlayerLabs
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Turning Bitcoin Into Yield — Bitlayer’s Big Leap 🚀 @BitlayerLabs is taking BTCFi to the next level with the first-ever live mainnet integration of BitVM. The result? Bitcoin’s security + high-speed smart contracts = real yield, scalability, and unstoppable DeFi for BTC. 🔹 BitVM Bridge → Trust-minimized BTC bridge bringing Bitcoin into DeFi as yield-bearing YBTC, fully backed 1:1. 🔹 Bitlayer Network → Bitcoin Rollup for low-cost, real-time DeFi apps. 🔹 Massive Partnerships → Sui, Base, Arbitrum, Cardano, plus mining giants Antpool, F2Pool, SpiderPool. 🔹 Strong Backing → $25M from Polychain, Franklin Templeton, Framework Ventures. 🔥 Now Live — Phase 2 of the “Booster” campaign with @BinanceWallet. Earn $BTR and get in before the Pre-TGE. Bitlayer isn’t just building for Bitcoin — it’s becoming the backbone of its decentralized future. #Bitlayer #BTCFi #Bitlayer $BTR @BitlayerLabs
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BounceBit Prime — Institutional-Grade DeFi, Done Right 🌐 No hype. No fake yields. Just real returns. @BounceBit is teaming up with BlackRock and Franklin Templeton to bring real-world assets fully on-chain — secure, compliant, and transparent. Stake $BB to earn passive income backed by tangible assets, not empty promises. For investors who take DeFi seriously, $BB is your gateway to institutional-grade opportunities. #BounceBitPrime — where trust meets yield. @BounceBit #BounceBitPrime $BB
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