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The "125,000 USD Rolling Long ETH" whale has opened another long position, with a position valued at $100 million. On August 18th, according to Ember monitoring, the "125,000 USD Rolling Long ETH" whale opened another long position. Currently, its two addresses have long positions of 23,500 ETH, with a position valued at $100 million.
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According to Lookonchain, an Ethereum ICO participant, identified as "0x61b9," transferred all 334.7 ETH (US$1.48 million) today after more than a decade of inactivity. He invested just US$104 in the ICO and received 334.7 ETH—now worth US$1.48 million, a 14,269x return. $ETH
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Huang Licheng, known as "Big Brother Buddy," suffered a paper loss of approximately $1.824 million due to the drop in ETH According to @ai_9684xtpa, Huang Licheng closed his long position in HYPE an hour ago. However, due to the short-term drop in ETH, his 25x leveraged long position currently has a paper loss of approximately $1.824 million. #BigBrother
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Terra Founder Do Kwon Pleads Guilty in UST–Luna Collapse Case On August 12, during a U.S. court hearing, Terra’s co-founder Do Kwon admitted guilt to two counts of conspiracy to commit fraud and wire fraud tied to the infamous $40 billion TerraUSD (UST) and Luna crash. Do Kwon, born in 1991 in Seoul, South Korea, established Terraform Labs in Singapore in 2018. The company launched the algorithmic stablecoin TerraUSD and its governance token Luna, once hailed as a landmark in DeFi innovation. In May 2022, TerraUSD lost its peg to the U.S. dollar due to flaws in its algorithmic design. This triggered a rapid collapse in the value of both Luna and UST, wiping their market caps down to nearly zero. The meltdown sparked widespread panic, ignited a domino effect across the crypto industry, and deepened the market’s slide into a bear phase. The crash left global investors facing losses of roughly $40 billion, leading to criminal charges against Do Kwon for alleged financial fraud. #dokwon #UST #LUNA
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BitHarvest Announces Strategic Partnership with The Book NFT Project, Launching 15th August
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