Anonymous Whale Purchases $240 Million in ETH
OnChainLens reported that an anonymous whale or institution has purchased an additional 50,896 ETH (worth $240 million). This whale bought ETH through Falcon X, Galaxy Digital, and Bitgo, and currently holds a total of 379,316 ETH (worth $1.8 billion) across 12 wallets.
Radiant Capital Hacker Sells $20.48 Million in ETH
Amber CN reported that the hacker who attacked Radiant Capital (RDNT) swapped (sold) 4,326 ETH for $20.48 million in Dai over the past hour. The hacker currently holds 12,326 ETH and $43.93 million in Dai. The Radiant Capital hacker is suspected to be associated with a North Korean organization.
BTC Market Cap Surpasses Google, Ranks 5th in Global Assets
According to WatcherGuru, Bitcoin's market capitalization has reached $2.4 trillion, surpassing Google and ranking 5th in global assets. Based on CoinMarketCap, BTC is currently trading at $121,578, up 5.31%.
ETH Spot ETF Sees 7 Consecutive Days of Inflows Totaling $975 Billion
Trader T reported that the US ETH spot ETF received $704.32 million (approximately $975 billion) in net inflows on the 13th (local time). This marks the 7th consecutive day of net inflows. BlackRock ETHA received $476.02 million, Fidelity FETH received $154.69 million, Bitwise ETHW received $10.85 million, Franklin Templeton EZET received $3.59 million, and Grayscale ETH received $7.83 million and $51.34 million in net inflows. No ETFs experienced net outflows.
BTC Spot ETF Sees $120.3 Billion in Net Inflows for 6 Consecutive Days
Trader T reported that the US Bitcoin spot ETF received $86.92 million (approximately $120.3 billion) in net inflows on the 13th (local time). This marks the 6th consecutive day of net inflows. ARK Invest ARKB received $36.58 million, and Fidelity FBTC received $26.70 million in net inflows. No ETFs experienced net outflows that day.
Galaxy Digital Deposits $120 Million USDC to Hyperliquid, Buys BTC and More
Look On Chain reported that a Galaxy Digital-related address (starting with 0xcaC1) deposited $125 million USDC to the decentralized futures exchange Hyperliquid (HYPE) over the past two days and purchased spot BTC, ETH, HYPE, PUMP, and FARTCOIN. Look On Chain explained that the address also opened short positions on BTC, ETH, DOGE, PUMP, FARTCOIN, and S as a hedging strategy.
Vain Capital, Compound Investor, Moves to Sell $18.85 Million in COMP
Amber CN reported that Vain Capital Ventures, a major Compound (COMP) investor, is estimated to be selling 349,000 COMP (worth $18.85 million). The estimated Vain Capital address transferred 349,000 COMP to an institutional platform 9 hours ago and sent 87,250 COMP (worth $4.73 million) to Binance, OKX, Bybit, and Gate.io. Vain Capital received these tokens through a Compound investment 5 years ago.
ARK Invest Purchases $170 Million in Bullish Stock
ARK Invest announced via X that it purchased $170 million worth of Bullish (BLSH) exchange stock. Bullish, which was listed on the New York Stock Exchange (NYSE) the previous day, started trading at $90, higher than its IPO price of $37, and closed at $68.
Upbit Relaunches Custody Business, Targets Institutional Market
Ajou Economic News reported that Upbit has launched the 'Upbit Custody' service for institutional and corporate investors. The service will be structured with the exchange directly operating custody, providing a dedicated offline wallet completely separated from the internet. In terms of security, it plans to prevent insider key leakage and external hacking by distributing secret keys into multiple pieces.
Sui-based DEX Momentum Surpasses $8 Billion in Cumulative Trading Volume
Momentum, the largest decentralized exchange (DEX) and liquidity hub in the Sui ecosystem, has surpassed $8 billion in cumulative trading volume. The current cumulative trading volume is $8,074,057,120. Momentum also exceeded 1 million total users last month.
IQ AI Partners with NEAR to Expand Tokenized AI Agent Ecosystem
Decentralized AI and blockchain technology developer IQ AI announced a partnership with NEAR Protocol to expand the tokenized AI agent ecosystem. IQ AI integrated NEAR Intents into its Agent Development Kit (ADK) using the Model Context Protocol (MCP). This enables tokenized AI agents to perform cross-chain operations without additional bridging processes.
Nasdaq-listed Solwin Launches $100 Million BTC Fund
Nasdaq-listed financial services company Solwin (SWIN) announced the launch of a Bitcoin quantitative fund with crypto finance company Anthalpa. A quantitative fund is an investment strategy that delegates decision-making to algorithms. The target total assets under management (AUM) is $100 million.
Populous: "Avantis Innovates RWA Market through User Segmentation Strategy"
Global crypto research firm Populous, through its recent report "Avantis' Three Growth Plans Towards a $1,000 Trillion Trading Volume Market," stated that "RWA remains an unfamiliar asset type for market participants. Securitize, On-Temp, and other RWA tokenization infrastructure are limited to US Treasury bonds. Base-based decentralized crypto DEX Avantis is promoting RWA market growth through a user segmentation strategy."
Analysis: "Stablecoins and DeFi Dramatically Reduce Financial Costs"
Real Vision analyst Jamie Kutz shared on X that stablecoins will remove trillions of dollars in economic friction costs, and DeFi will dramatically lower credit costs. He noted that the scale of blockchain-based mortgages has exceeded $11 billion.
Foreign Media: "Won Stablecoin Lacks Incentives for Use in Korea"
Foreign media reports suggest that even if a won-based stablecoin is launched in Korea, there are insufficient incentives for its use. CoinDesk reported, "The Korean won already has an efficient local banking system, leaving little reason to use a blockchain-based stablecoin."
BTC Surpasses $124,000
According to Coinness market monitoring, BTC has surpassed $124,000. On the Binance USDT market, BTC is trading at $124,050.
BTC Surpasses $123,200... Reaching All-Time High
According to Coinness market monitoring, Bitcoin (BTC) has reached an all-time high, surpassing $123,218 on the Binance USDT market. This is the first time since July 14th, about a month ago. It is currently trading at $123,417.
BTC Surpasses $123,000
According to Coinness market monitoring, BTC has surpassed $123,000. On the Binance USDT market, BTC is trading at $123,000.
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