Coinbase Acquires Token Custody Company Liquifi

On July 3rd, as per EmberCN's monitoring, a whale that had accumulated 21,662 ETH eight years ago transferred 4,123 ETH (valued at approximately $10.51 million) to Gemini nine hours ago when the price of ETH rose to nearly $2,600. The whale accumulated 21,662 ETH in 2017 through Gemini and Kraken, with an average purchase price of around $569.

On July 3rd, based on market data, the Hong Kong-listed company Meituang Weilong (02586.HK) opened with a surge of more than 89%. Currently, it has increased by more than 47%, with a stock price of 13.26 Hong Kong dollars and a market value of 11.2 billion Hong Kong dollars. Meituang Weilong (02586.HK) announced that it is preparing to apply for a Hong Kong stablecoin license.

On July 3rd, based on market data, 1RT Acquisition (ONCHU) reported a trading volume of $63.34 million on the first day of its listing on Nasdaq. It closed up by 0.37% with a stock price of $10.24. 1RT Acquisition announced yesterday that it intends to raise $150 million through an IPO to expand its digital asset and financial technology business. It was listed on Nasdaq at the local time in the United States on July 2nd with the stock code "ONCHU." 1RT Acquisition Corp is expected to merge with one or more companies through a merger, acquisition, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination to expand into the fields of cryptocurrency, blockchain, and financial technology, including the acquisition of digital assets.

On July 3rd, based on market data, the Hong Kong-listed company Kingsoft Financial International (HK1468) opened at a high and surged by more than 14%, with a market value of 478 million Hong Kong dollars. Kingsoft Financial International announced yesterday that it has invested 12 million US dollars to subscribe to shares of Amber International, entering the institutional crypto services field.

On July 3rd, according to on-chain analyst Ai Yi (@ai_9684xtpa), a particular ETH whale liquidated 4153.8 ETH (approximately $10.57 million) from a short-term position 8 hours ago and once again made a profit of $522,000.
The whale had entered the market at a low point on June 21st with an average price of $2419.48, demonstrating another successful instance of buying at a low price and selling at a high price.

On July 3rd, as monitored by OnchainLens, whale "3xwR" spent $1.598 million to acquire 4.4392 billion COMPANY tokens. Subsequently, it sold them for a total of 105.89 SOL, which is worth $16,283. This led to a loss of $1.58 million within just one minute. Meanwhile, address "8mser" spent 3.96 SOL (valued at $608) to purchase 8.31 million COMPANY tokens. It then sold them for a total of 5,736.32 SOL, which is approximately equivalent to $882,000.