Trader Eugene: The market may currently be approaching its peak, with increased volatility and more opportunities for quick profits.
Trader Eugene reviews the market's continuous rise over the two months since Trump took office and launched $TRUMP, which brought enormous wealth effects. He believes that the market may currently be nearing its peak, with increased volatility and more opportunities for quick profits. However, he reminds investors to be aware of the risk of a market reversal at any time while seizing opportunities.
Data: Over $40 million in SOL flowed into CEX within 9 hours.
According to Lookonchain monitoring, SOL whales have recently deposited large amounts of SOL into exchanges. Among them, the address CMJiHu deposited 96,996 SOL (valued at about $17.45 million) 9 hours ago, the address 5PjMxa deposited 91,890 SOL (valued at about $15.98 million) into Kraken 3 hours ago, and the address HiN7sS deposited 37,658 SOL (valued at about $6.73 million) into Binance 8 hours ago, profiting $1.63 million.
Addresses that have accumulated over 293,000 ETH in the past 8 days are suspected to belong to Bitmine.
According to Yu Jin monitoring, recent addresses created and accumulated a large amount of ETH through BitGo are suspected to belong to Bitmine. Over the past 8 days, these addresses accumulated a total of 293,186 ETH through platforms such as FalconX, Galaxy Digital, and BitGo, valued at about $1.24 billion. Bitmine previously announced that it increased its holdings by 317,000 ETH within a week, bringing its total holdings to 1.15 million ETH.
Peter Thiel's acquisition of a 7.5% stake in ETHZilla promotes Ethereum's strategy.
According to SEC filings, PayPal co-founder Peter Thiel and his investment team hold 7.5% of 180 Life Sciences (now renamed ETHZilla), a company focused on building Ethereum corporate treasuries. ETHZilla plans to use the raised funds for Ethereum purchases, yield assets, and iGaming business ventures. ETHZilla's stock rose 11% after the close on Monday, with overnight trading surging about 57%. Earlier on July 16, Thiel's team also held over 9% of BitMine Immersion, the largest corporate treasury holder of Ethereum, with reserves valued at nearly $5 billion. Additionally, the publicly listed company 180 Life announced on July 29 its intention to privately raise about $425 million and transform into an Ethereum treasury reserve company.
Since the beginning of last year, over 1,300 ETFs have been launched globally, with 10 out of the top 20 related to cryptocurrencies.
According to Nate Geraci, president of The ETF Store, more than 1,300 ETFs have been listed since the beginning of last year, with 10 of the top 20 related to cryptocurrencies, including the top four products. These crypto-related ETFs include five spot Bitcoin ETFs, two spot Ethereum ETFs, two ETFs related to MSTR, and one leveraged Ethereum ETF.
Korean retail investors have net inflows of $259 million into BitMine stocks since July.
According to Bloomberg, U.S. listed company BitMine Immersion Technologies Inc. has become the most popular overseas stock among Korean retail investors, with net inflows of $259 million since July. It is reported that BitMine has transformed into a digital asset vault company, currently holding Ethereum valued at $3.6 billion, making it the largest Ethereum holder globally. Following Ethereum's price surge above $4,300, BitMine's stock price skyrocketed over 3,000% in July but then retreated by 62%. About one-third of Korea's population is active in the digital asset market, favoring high-risk, high-return investment opportunities.
CME Ethereum futures trading volume hit a record high of $118 billion in July, a 82% increase month-over-month.
According to The Block data, CME Ethereum futures trading volume reached a historical high of $118 billion in July, a 82% increase month-over-month. The open interest surged from $2.97 billion in June to $5.21 billion, an increase of 75%. Additionally, the total global trading volume of Ethereum futures reached $21.2 trillion in July, a year-over-year increase of 38%, surpassing the historical high of $18.7 trillion in May 2021. The price of Ethereum broke through $4,300 on August 9, the highest level since December 2021, with Google search volume also reaching new heights since June 2022.
The publicly listed company Exodus holds 2,058 BTC and 2,729 ETH, with a total value exceeding $227 million.
According to Globenewswire, the self-custody cryptocurrency platform Exodus Movement, listed on the New York Stock Exchange, released its quarterly financial and operational performance report as of June 30, 2025, disclosing that the company holds 2,058 BTC (valued at $220.5 million), 2,729 ETH (valued at $6.8 million), as well as $58.1 million in USDC, cash, cash equivalents, and U.S. Treasury bonds, with total assets reaching $291.2 million.
FTX/Alameda redeemed and transferred $34.09 million in SOL 6 hours ago, with approximately $829 million in SOL still staked.
According to Yu Jin monitoring, the FTX/Alameda staking address redeemed and transferred 190,000 SOL about 6 hours ago, totaling approximately $34.09 million, distributed to 29 addresses. Historical records show that most receiving addresses will subsequently transfer SOL to Coinbase or Binance. Since November 2023, FTX/Alameda has cumulatively redeemed and transferred 8.788 million SOL, with a total value of about $1.159 billion, at an average transfer price of $132 per SOL. Currently, its staking address still has 4.727 million SOL (about $829 million) staked.
Filecoin's first ProPGF grants exceed $3.6 million to 14 teams.
Filecoin successfully completes its first round of public goods funding (ProPGF), granting a total of $3.6818 million to 14 teams for infrastructure development, tool development, and key services, promoting the next generation of Filecoin applications. Funded teams include Curio Dashboard, Fil Note, Filecoin Developer Tooling (FIL-B), Filecoin EconoLens MCP Server, Game Theoretic Programmable Fil+ Allocator, Titan Network (SP Bandwidth), IPNI, FIL Ponto, Chainfee, CIDgravity Gateway, Curio Storage, EverMedia Vault, Lynx, and Filecoin Retrieval Checkers (FilCDN) as FWS Services. This funding covers multiple areas from high-performance data retrieval to programmable transaction allocation, with initial funds expected to be disbursed this week. The second round of funding is anticipated to start in October 2025, and teams that were not selected can participate in the fall application or explore other funding avenues.
Terraform Labs founder Do Kwon may plead guilty, with a U.S. court set to hold a hearing on August 12.
According to Coindesk, Terraform Labs founder Do Kwon may change his previous 'not guilty' plea at the hearing on August 12 at 10:30 PM. Kwon faces multiple fraud and market manipulation charges due to Terraform's operations and the collapse of the Terra/Luna stablecoin network, and has been ordered by the U.S. Securities and Exchange Commission to pay $4.5 billion in fines and compensation in a civil case. The case was scheduled to go to trial next January, with the prosecution needing to review 6TB of data. Kwon was extradited to the U.S. from Montenegro last year after being detained for attempting to leave with a fake passport. Before the hearing, the judge requested that the defense attorney review any plea agreements or related documents with the defendant.
USDC Treasury minted an additional 250 million USDC on Ethereum early in the morning.
According to Whale Alert monitoring, at 00:59, 02:01, and 02:23 Beijing time on August 12, USDC Treasury minted 75,000,000, 100,000,000, and 75,000,000 USDC on the Ethereum network, with a total value of approximately $250 million.
An institution/whale recently added nearly 60,000 ETH, currently holding $1.24 billion worth of ETH.
According to Onchain Lens monitoring, a whale or institution recently acquired 59,998 ETH from FalconX, Galaxy Digital, and BitGo, with a total value of about $254 million. The whale currently holds a total of 293,184 ETH, valued at $1.24 billion, distributed across 9 different wallets.
Stripe collaborates with Paradigm to develop the Tempo blockchain.
According to Fortune, fintech giant Stripe is collaborating with cryptocurrency venture capital firm Paradigm to develop a blockchain called Tempo, positioned as a high-performance, payment-focused Layer 1 blockchain that is compatible with Ethereum's programming language. Tempo is currently in a discreet development stage with a team of 5. Previously, Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion and acquired crypto wallet developer Privy to further its stablecoin technology layout.
Uniswap Foundation plans to adopt the Wyoming DUNA framework to promote the protocol fee mechanism.
According to The Block, Uniswap Foundation proposes to establish a Wyoming-based 'DUNA' legal entity for its DAO governance organization to meet compliance and tax requirements, planning to allocate $16.5 million worth of UNI to settle past taxes and legal defense budgets. This move will pave the way for activating a fee mechanism for the Uniswap protocol, with some LP fees flowing into the DAO treasury. The new entity does not change the Uniswap protocol, tokens, or governance structure, and fee income cannot be directly distributed to UNI holders. Cowrie Consulting will serve as the DUNI administrator.
Mill City Ventures purchases an additional $20 million worth of SUI tokens.
According to The Block, Nasdaq-listed Mill City Ventures purchased 5.6 million SUI at a discounted price of $3.65 per token from the SUI Foundation, with the total transaction amount exceeding $20 million. Mill City currently holds nearly 81.9 million SUI and plans to earn returns through SUI staking. The company has previously raised $450 million through private placements and has a maximum additional purchase limit of $500 million, with plans to dynamically increase its SUI holdings, including purchases from the foundation, secondary markets, and other investors.
Trump announces a public safety emergency in Washington, D.C.
U.S. President Trump officially announces a public safety emergency in Washington, D.C.
Paxos applies to convert its New York trust license into a U.S. national trust license.
According to PR Newswire, Paxos announced that it has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to convert its New York Department of Financial Services (NYDFS) trust license into a national trust license. If approved, Paxos will be regulated by the OCC in the U.S. and will continue to be monitored by various regulatory bodies including Europe's FIN-FSA, Singapore's MAS, and Abu Dhabi's FSRA. Paxos stated that all issued assets will continue to be fully backed by bankruptcy-remote reserves in USD, U.S. Treasury bonds, and cash, ensuring a 1:1 redemption. The company claims that services will remain unchanged, with partners including PayPal and Mastercard.
U.S. stocks related to Ether reserves surged, with BMNR rising over 23% and SBET rising over 13%.
U.S. stocks related to Ether reserves surged, with BMNR rising over 23%, SBET rising over 13%, and BTCT rising over 7%, while BTBT and Smart Chain Group rose nearly 7%.
FG Nexus announced the purchase of 47,331 ETH for $200 million.
According to GlobeNewswire, Fundamental Global Inc (FG Nexus, NASDAQ: FGNX, FGNXP) announced it has accumulated 47,331 ETH, with the current price at $4,228.40 per ETH. The company has used all of its $200 million private placement funding to purchase ETH and plans to enhance ETH Yield through staking and re-staking, becoming one of the largest enterprise-level ETH holders globally. FG Nexus aims to promote the global adoption of ETH as a corporate reserve asset through partnerships with Anchorage Digital and Galaxy, and accelerate the layout of tokenized real-world assets and stablecoin yield business within the Ethereum ecosystem.
Bezos' aerospace company Blue Origin will accept Bitcoin and cryptocurrency payments.
According to BusinessWire, Jeff Bezos's aerospace company Blue Origin has partnered with payment technology company Shift4 to offer cryptocurrency and stablecoin payment options, allowing users to purchase New Shepard space travel with Bitcoin, Ethereum, Solana, USDT, and USDC. Customers can connect Coinbase and MetaMask wallets for instant, secure payments. This feature is available for all New Shepard commercial flight bookings starting today.
ENS multi-signature wallet transfers nearly 142,000 ENS to trading platforms.
According to Yu Jin, a multi-signature wallet for ENS transferred 141,937 ENS (approximately $4.02 million) within 20 minutes, with 72,437 transferred to FalconX and 69,500 to Coinbase.
Zoth receives a $15 million strategic investment from Bolts Capital to promote RWA on-chain.
Blockchain protocol Zoth announces a $15 million strategic funding commitment from Bolts Capital to accelerate the on-chain ecosystem construction of its 'real-world assets' (RWA) through token purchases. Zoth will focus on compliance and innovation, prioritizing the development of the RWAFi protocol, initially focusing on the tokenization of treasury-like products, and plans to expand to emerging markets and alternative assets. Previously, Zoth faced a security incident with ZeUSD and stated it has focused on enhancing security and trust. Zoth is currently preparing for a token issuance (TGE) and will announce token economics, ecosystem incentives, and project roadmap later.
Safety Shot announces a strategic partnership with BONK, acquiring $25 million worth of BONK tokens.
According to StockTitan, Safety Shot (NASDAQ: SHOT) announced a strategic alliance with the BONK founding team and will receive $25 million worth of BONK tokens. In exchange, the company will issue $35 million in convertible preferred stock. Safety Shot has settled all debts and holds $15 million in cash. This collaboration aims to incorporate BONK into the company's balance sheet and promote asset diversification. BONK, as the fourth largest memecoin on the Solana chain, has a market capitalization of over $2 billion and boasts over 980,000 on-chain token holders. Dominari Securities is the exclusive financial advisor for this transaction.
Chainlink collaborates with ICE to bring foreign exchange and precious metals data onto the blockchain.
Chainlink announces a partnership with the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), to integrate the global foreign exchange and precious metals pricing data from the ICE Consolidated Feed into Chainlink Data Streams, serving over 2,000 on-chain applications and financial institutions. This collaboration aims to provide data support that meets the accuracy and low-latency requirements of traditional capital markets for blockchain, promoting the development of institutional-level applications such as asset tokenization and automatic settlement. ICE stated that this collaboration brings trustworthy, multi-asset class structured data to crypto applications, marking a further integration of on-chain financial systems with traditional markets.
Truth Social submitted a revised filing for a Bitcoin spot ETF.
According to Bloomberg ETF analyst Eric Balchunas, Truth Social's Bitcoin spot ETF has submitted a revised S-1 registration statement to the SEC but has not yet disclosed management fees or trading codes. The ETF is initiated by Yorkville America Digital, LLC. According to Jin Ten, Trump Media Technology Group (DJT.O): The Bitcoin ETF will launch later this year.
SharpLink completes a $400 million targeted issuance and holds nearly 600,000 ETH.
According to SharpLink's official news, the company completed a $400 million targeted issuance at a price of $21.76 per share, led by five global institutional investors. As of August 11, 2025, Beijing time, the company holds approximately 598,800 Ethereum and has around $200 million in ATM fundraising yet to be deployed. Once fully invested as planned, the market value of ETH holdings is expected to exceed $3 billion.
BitMine holds over 1.15 million ETH, with a market value of nearly $5 billion.
According to PR Newswire, BitMine Immersion Technologies (BMNR) announced that its Ethereum (ETH) holdings have surpassed 1,150,263, valued at approximately $49.6 billion, making it the world's largest ETH treasury and ranking third globally among cryptocurrency treasuries. The company increased its holdings by about 320,000 ETH in a week, adding $2 billion to its market value. BitMine is supported by institutions such as ARK, Founders Fund, and Pantera, aiming to hold 5% of the total ETH supply. BMNR is currently the 25th largest liquid stock in the U.S., with an average daily trading volume of $2.2 billion.
ALT5 Sigma announces a $1.5 billion targeted issuance and private placement, launching the WLFI token treasury strategy.
According to BusinessWire, ALT5 Sigma Corporation (NASDAQ: ALTS) announced it has signed an agreement to issue and sell a total of 200 million shares of common stock at a price of $7.50 per share, expecting to raise a total of $1.5 billion. The private placement portion was subscribed by World Liberty Financial (WLFI) using WLFI tokens. After the transaction, ALT5 will hold about 7.5% of the total supply of WLFI tokens and will launch a cryptocurrency treasury strategy. WLFI co-founder and CEO Zach Witkoff will serve as the chairman of ALT5's board, and Eric Trump will become a director. The raised funds will be used for acquiring WLFI tokens, company operations, repaying debts, and settling lawsuits.
Sequans purchased 13 Bitcoins for approximately $1.5 million, increasing its total holdings to 3,171.
According to Sequans' official website, Sequans Communications announced the purchase of 13 Bitcoins for approximately $1.5 million, with an average price of $117,012 per token. As of August 8, the company holds a total of 3,171 Bitcoins, with a total investment of about $370 million and an average purchase price of $116,709 per token. Sequans considers Bitcoin as a primary reserve asset and continues to increase its holdings through equity, debt financing, and business income.
CoinShares: Approval of U.S. 401(k) plans drives a net inflow of $572 million into digital asset funds in a single week.
According to CoinShares, influenced by the U.S. government's approval for 401(k) retirement plans to invest in digital assets, digital asset investment products recorded a net inflow of $572 million this week. Ethereum ETP attracted $268 million in funds, bringing its total inflow this year to $8.2 billion, with assets under management rising to $32.6 billion, an 82% increase year-to-date. Bitcoin saw a net inflow of $260 million. Solana, XRP, and Near recorded inflows of $21.8 million, $18.4 million, and $10.1 million respectively. The U.S. and Canada saw net inflows of $608 million and $16.5 million, respectively, while Europe experienced a net outflow of $54.3 million.
