SUMMARY OF NEWS FROM LAST WEEK.
• Stablecoins flooded the market, led by B*tfinex (minted 430M USDT on ETH, most recently 180M).
• SharpLink Gaming purchased an additional 10,975 ETH (42.5M USDT) from Galaxy Digital through OTC.
• Circle minted 750M USDC on Solana and 400M USDC on Ethereum, of which 200M was immediately transferred to C*inbase.
• Smart Whale was liquidated, with a negative cash flow of ~28M USDT.
• Arthur Hayes deposited 10.5M USDC on Binance when ETH hit 4,100 USD, showing signs of FOMO again.
• Jeffrey Wilcke (Co-founder of Ethereum) deposited 9,840 ETH (~9.22M USD) on Kraken when ETH reached 4,200 USD.
• A whale took profits of over 300K USD from $PUMP after holding for 1 week.
• B*tfinex and Abraxas Capital continued to mint USDT over the weekend (totaling ~120M USDT).
Conclusion: The USDC & USDT money printers are operating vigorously, creating a positive foundation for the increase in Altcoin in Q4/2025.