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Justin Sun has promised to purchase $100 million worth of TRUMP, calling it the "MAGA Coin."

5 hours ago

On July 10th, as per Cointelegraph, Justin Sun declared that they are committed to purchasing $100 million worth of TRUMP and referred to it as the "Make America Great Again (MAGA) currency."
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A certain newly created address withdrew 25,500 ETH from Kraken in the last 8 hours.

On July 10th, as monitored by lookonchain, a newly established wallet address withdrew 25,567 ETH (valued at $70.66 million) from Kraken within the past 8 hours.

4 minutes ago

A Whale/Institution Sells 30,000 ETH Again via Wintermute and Coinbase

On July 10th, as monitored by on-chain data analyst Wu Jinyan, the [Whale/Institution that Profited $30.45M through two ETH swing trades] continued to sell 30,000 ETH from last night until early this morning through Wintermute and Coinbase. They bought 132,000 ETH in the third round from June 11th to June 22nd at an average price of $2,540. Then, they began selling ETH in batches to realize profits starting from July 9th. Currently, they have sold 63,592 ETH for 170 million USDC, with an average selling price of $2,686. They have achieved a profit of $9.28 million from this sale. They currently hold 70,000 ETH (valued at about $193 million) and are expected to continue selling to realize profits in the next few days.

4 minutes ago

「Insider Trader」 @qwatio Account Left with Only $67,000, Loss Exceeds $16.2 Million

On July 10th, as monitored by lookonchain, the "Insider Trader" @qwatio account. After a series of recent liquidations, it currently only has $67,000 remaining, with a loss of more than $16.2 million.

4 minutes ago

A Whale Address Spent 27.5 Million U to Buy ETH and AAVE

On July 10th, as monitored by OnChain Lens, a whale address beginning with 0x8c08 spent 27.5 million USDT on purchasing ETH and AAVE. Here are the details: · It spent 25 million dollars to buy 9,187.52 ETH at an average price of 2,721 USD. · It spent 2.5 million dollars to acquire 8,243.44 AAVE at a price of 303.27 USD. · The whale address still has 3.61 million USDT remaining in the wallet.

4 minutes ago

IOSG Founding Partner: The Pump.fun public sale seems more like the team seeking liquidity exit, with the project and market fundamentals unable to support the inflated valuation.

On July 10th, Jocy, the founding partner of IOSG, posted on social media, expressing his belief that this Pump.fun public sale is more akin to using participants as exit liquidity and constitutes a highly speculative gamble. Jocy stated that since its launch in early 2024, Pump.fun has witnessed explosive growth, with a cumulative protocol revenue of approximately $7 billion, becoming one of the most profitable projects in the cryptocurrency field. However, the daily revenue of Pump.fun has dropped by 92% from its peak and currently stands at only about $500,000. The market capitalization of the project has plummeted from tens of millions of dollars in the past to a rock-bottom level of $50,000 to $100,000. Its market share has also been surpassed by a competitor, LetsBonk (with a 51% share), causing Pump.fun to fall to 39.9%. From a tokenomics and risk exposure perspective, this ICO round targeted retail investors (15%) and institutions (18%), selling a total of 33% of the tokens, c

4 minutes ago

[Three-time ETH 100% Win Rate Whale] Closed Short Position with $710K Loss, Once Had Peak Unrealized Profit of $22.83M

On July 10th, as monitored by on-chain data analyst Yu Jin, with the rise in the ETH price, the [Three-Battle 100% Win Rate Whale] closed out its short position after the ETH price broke above its entry price. From opening a short position and achieving a peak unrealized gain of $22.83 million to ultimately incurring a loss of $0.71 million. During this ETH shorting process, the address experienced an "extremely steep" rollercoaster. The address opened a short position for 50,000 ETH on June 11th and had been holding the short position ever since. When ETH dropped to $2,200 on June 23rd, the position reached a peak unrealized gain of $22.83 million. Until today, when the ETH price rose above its entry price (around $2,725), it liquidated the entire 50,000 ETH position at a price of $2,740, resulting in a loss of $0.71 million. This broke its perfect record but still maintained an overall profit of $4.88 million from ETH.

4 minutes ago