Ethereum (ETH) — Onchain News & Whale Tracking

Ethereum PoS Network Exit Queue Rises to around 855,000 ETH, Join Queue Drops to around 198,000 ETH

Update: On August 23rd. Based on the data from the Validator Queue tracking website, validatorqueue, it is reported that the current exit queue of the Ethereum PoS network is 855,534 ETH. At the current price, the ETH exiting the PoS network is approximately $41.16 billion, and the withdrawal delay is currently 14 days and 20 hours. Meanwhile, the staking demand for new validators has witnessed a slight decrease. The admission queue for today has increased to 198,202 ETH, which is worth around $9.53 billion, and the current queuing time is 3 days and 11 hours.

In the last 12 hours, the total network saw $526 million in liquidations, with Ethereum accounting for $315 million.

On August 23rd, based on Coinglass data, within the past 12 hours, the total position liquidation across the network reached $526 million. The long liquidations amounted to $96.9 million, while the short liquidations totaled $429 million. Ethereum witnessed $315 million in liquidations, which was more than four times the amount of Bitcoin liquidations ($74.01 million) during the same period.

Ethereum Ecosystem Sees Across-the-Board Rally, Staking Leading the Way

On August 23rd, according to HTX market data, Ethereum reached a brand new all-time high, leading the entire Ethereum ecosystem to experience a significant surge: Staking Track: SSV increased by 25% in the past 24 hours, and LDO rose by 21% in the past 24 hours. Mainstream Ecosystem: ENA went up by 18% in the past 24 hours, and AAVE increased by 14% in the past 24 hours. Layer 2 Track: ARB rose by 17% in the past 24 hours.

The Trump Family project WLFI will launch on Ethereum on September 1st, with the first two rounds of fundraising unlocking 20% for investors.

On August 23rd, the Trump family's project World Liberty Finance (WLFI) is planned to be launched on Ethereum on September 1st and will be open for claiming and trading. The early supporters (in the 0.015 and 0.05 USD rounds) will have 20% unlocked, and the remaining 80% will be determined by community vote. Tokens for the founding team, advisors, and partners will not be unlocked. Trading will start at 8 p.m. Beijing time on September 1st and will initiate the claim for 20% of the allocation. It is a two-step claim process that users need to complete on the official website: Step 1 (before September 1st): Activate the locking contract on the official website (this action will transfer WLFI to the unlocking contract); Step 2 (8 p.m. on September 1st and later): Claim 20% of the unlocked tokens.

Ethereum Hits $4887, Reaches New All-Time High After 44 Months

On August 23rd, Ethereum reached $4,887, experiencing a 14% increase within 24 hours and hitting a new all-time high. This price level was last observed 44 months ago. With a market capitalization surpassing $586 billion, Ethereum now stands at the 25th position in the total market capitalization of global technology companies, outranking well-known companies like Mastercard and Netflix.

If the whale "sets 10 large targets" and the Ethereum longs remain unchanged, the unrealized gain will amount to $12.45 million.

On August 23rd, if the "Top 10 Goals First" long position of Whale in Ethereum remains unchanged, its over 31,000 ETH long position in Ethereum opened with 5x leverage may achieve a profit of $12.45 million. Its initial margin is $27.26 million, and the entry price is $4,399.13, with the liquidation price being $2,655.41. Previously reported by BlockBeats, on August 16th, according to the "Top 10 Goals First" of Whale. A position screenshot shared today at 20:24 showed that at an entry price of $4,399.13, Whale opened a long position of over 31,000 ETH with 5x leverage, and the liquidation price is $2,655.41, currently facing a loss of more than $640,000.

Ethereum Market Cap Surpasses Mastercard Once Again, Ranks 26th in Global Asset Market Cap Leaderboard

On August 23rd, based on 8marketcap data, Ethereum's market capitalization ($578.89 billion) once more exceeded that of Mastercard ($540.52 billion). It showed a 24-hour growth of 12.99% and a 7-day growth of 8.28%. Temporarily, it ranked 26th on the global asset market capitalization list.

In the past 4 hours, Ethereum Liquidations reached $181 million, and Bitcoin Liquidations reached $41.5092 million

On August 23rd, according to Coinglass data, during the past 4 hours, the total liquidation of Ethereum reached $181 million. In contrast, during the same period, the liquidation amount of Bitcoin was only $41.5092 million. Throughout the past 24 hours, there was a total of $655 million in liquidations across the entire network. The long liquidations amounted to $231 million, and the short liquidations totaled $424 million.

Ethereum Briefly Drops Below $4800

On August 23rd, according to HTX market data, Ethereum briefly fell below $4,800 and is now rebounding to $4,801.65, with a 24-hour gain of 13.21%.

US Stock Ethereum Reserve Concept Stocks Soar, SBET and BMNR Both Up Over 15%

On August 23rd, the Ethereum Reserve Concept Stocks in the US stock market generally experienced a rise. These included: · SharpLink Gaming (SBET.US), which rose by 15.21%; · Bitmine Immersion Technologies (BMNR.US), with a rise of 15.28%; · GameSquare (GAME.US), increasing by 5.75%; · Bit Digital (BTBT.US), rising by 5.51%; · Coinbase (COIN.US), which saw a rise of 6.88%.

Ethereum Withdrawal Momentum Paused, with CEX Net Inflow of 22,600 ETH in the Last 24 Hours

On August 23rd, based on Coinglass data, within the past 24 hours, the total net inflow of ETH on CEX was 22,600 ETH. The top three CEX inflows are as follows: - Kraken, with an inflow of 42,400 ETH. - Binance, with an inflow of 24,100 ETH. - Coinbase Pro, with an inflow of 3226.61 ETH. Moreover, OKX had an outflow of 21,500 ETH and ranked first in the outflow list.

「Whale Brother」 Ethereum Long Position Hits Over $4.7 Million in Unrealized Gains

On August 23rd, according to on-chain data, the "Brother Ma" Ethereum long position is currently in a profit of more than $4.7 million, having previously been in a loss of more than $10 million. His HYPE long position has a profit of $250,000, while the YZY long position has a loss of $400,000.

Ethereum Only Needs to Rise 1% More to Hit an All-Time High

On August 23rd, with the continuous rise of the crypto market, Ethereum only needs to increase by another 1% to break through the all-time high set in November 2021 ($4868).

Ethereum Surges Past $4800

On August 23rd, based on HTX market data, Ethereum has gone beyond $4800, and the 24-hour price increase has expanded to 14.14%.

If Ethereum breaks $5,000, the mainstream CEX cumulative short liquidation pressure will reach $544 million.

On August 23rd, based on Coinglass data, if Ethereum breaks through $5,000, the total short liquidation intensity on mainstream CEX will amount to 544 million. Conversely, if Ethereum drops below $4,500, the total long liquidation intensity on mainstream CEX will reach 2.512 billion. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent reaching a particular price level will be impacted. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.

Ethereum Surges Above $4,700, a certain short-selling whale adds $5.22 million to collateral, now facing a $14 million unrealized loss

On August 23rd, as monitored by Onchain Lens, with Ethereum surging above $4700, a 20x short whale deposited 5.22 million USDC into Hyperliquid in order to avoid liquidation. At present, their unrealized loss amounts to $14 million, and the overall loss is $26 million.

Ethereum Surges Past $4700, 24-hour Gain Reaches 11.13%

On August 23rd, based on HTX market data, Ethereum has exceeded $4700 and is currently trading at $4728, with a 24-hour percentage change of 11.13%.

Ethereum Announces Protocol Upgrade 002, Aiming to Significantly Improve Ethereum L2 System Data Availability

On August 22nd, the Ethereum Foundation released Protocol Update 002, which detailed the Blob Data Extension Roadmap. The plan is intended to substantially enhance the data availability of the Ethereum L2 system, providing support for real-time payments, DeFi, social media, AI applications, and other scenarios. The key updates are as follows: 1. The upcoming Fusaka upgrade will introduce the PeerDAS architecture, increasing the number of Blobs in a block from the current 6 to 48. 2. Progressive mainnet capacity growth will be achieved through the Blob Parameter Hard Fork (BPO), theoretically resulting in an 8x improvement in throughput. 3. Bandwidth optimization technologies such as "Unit-Level Message Passing" will be used to reduce network redundant communication. 4. The Glamsterdam upgrade (expected in mid-2026) will introduce PeerDAS v2, further expanding data availability. 5. Ongoing research on Blob Pool Extension and FullDAS technology will be carried out to ensure Ethereum's c

Ethereum Surges Above $4600 Temporarily, With Nearly 7.62% Gain in the Last Hour

On August 22nd, according to HTX market data, Ethereum briefly exceeded $4600. It is currently trading at $4618, with a nearly 7.62% increase in the past hour.

Mainstream Cryptocurrencies Continue to Surge, Bitcoin Breaks $115,000, Ethereum Breaks $4,500

On August 22nd, according to HTX market data, mainstream cryptocurrencies continued to surge following Powell's dovish remarks. Bitcoin briefly exceeded $115,000 and is currently trading at $114,771, with a nearly 2.05% increase in the past hour. Ethereum briefly exceeded $4,500 and is currently trading at $4,482.21, with a nearly 4.6% increase in the past hour.

Affected by Powell's Speech, Mainstream Cryptocurrencies Experience a Short-term Surge, with Bitcoin Breaking $114,000 and Ethereum Breaking $4,400

On August 22nd, according to HTX market data, Bitcoin exceeded $114,000 and is currently trading at $114,145, with a 1-hour price increase of 1.3%. Ethereum briefly reached above $4,400 and is currently priced at $4,400.88, with a 1-hour price increase of 2.71%.

Ethereum Reclaims $4300 Level, Up 1.45% in Past Hour

On August 22nd, based on HTX market data, Ethereum has reverted to being above $4300 and is currently priced at $4306.03, with a 1.45% increase in the past hour.

Summary: In the past two days, a Bitcoin whale sold over 4600 BTC and switched to a long position on Ethereum.

On August 22nd, based on Spot On Chain's summary, in the past two days, two Bitcoin OG whales who held a total of 100,784 Bitcoins (valued at $640 million) have begun to sell Bitcoin and switch to taking a long position on Ethereum. Their current operations are as follows: 1. Sold 4,621.9 Bitcoins (approximately $5.235 billion) in three wallets at a price of $113,265 per BTC. 2. Purchased and staked 82,398 ETH (approximately $3.5365 billion) at an average price of $4,292, and these were distributed across two wallets. 3. Established long ETH positions totaling 135,265 ETH (worth $5.837 billion) on Hyperliquid across five wallets. The most liquidation prices range from $3,487.4 to $3,612. 4. Still hold 84,645 Bitcoins (worth $9.55 billion) in seven wallets.

Opinion: Ethereum Developer Ecosystem is Similar to the iPhone Platform, Price Could Rise to $8,000 to $10,000

On August 22nd, Greg Magadini, the Director of Derivatives at Amberdata, stated that Bitcoin is currently like a hybrid of digital gold and a risk asset. Against the backdrop of a rising stock market and the Fed facing pressure to cut interest rates, this asset is being driven by two concurrent emotions. Although some people refer to Ethereum as a dated technology, Ethereum has a developer ecosystem similar to the iPhone platform, which enables developers to build applications directly on its infrastructure. These network effects will only continue to accumulate. Therefore, it is expected that the Ethereum price will continue to follow the rise of Bitcoin and may potentially reach the range of $8000 to $10000. (Decrypt)

「$125,000 Ethereum Long Position Added to Lending Pool」 Whale added a 25x long position on Ethereum, with an average entry price of $4,262.64

On August 22nd, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a "125K USD Long ETH Liquidation" whale enhanced their ETH 25x long position to 4826 coins, which is approximately worth 20.67 million USD. Three hours ago, they added 800 ETH to their position, and the margin ratio reached as high as 99.42%; the current entry price is 4262.64 USD, and the liquidation price is 4194.38 USD.

Kraken Completes Deployment of Distributed Validator Technology, Enhancing Its Ethereum Staking Service

On August 22nd, according to TheBlock, the U.S.-based cryptocurrency exchange Kraken announced that it has successfully completed the implementation of Distributed Validator Technology (DVT) by leveraging the SSV Network. This move is aimed at optimizing its Ethereum staking service and improving system stability. The SSV Network, which serves as a dedicated protocol for DVT, enhances the operational efficiency of validators by achieving geographical and client diversification.

A whale held 2216.79 ETH on Ethereum throughout the bullish trend for three months, achieving an impressive 73% return on investment.

August 22nd. According to on-chain analyst Ai Auntie (@ai_9684xtpa), on June X, the address 0x7C1...36FA7 withdrew 2216.79 ETH from Binance at a price of $2484 per ETH. The holdings remained idle for three months until all were transferred back to Binance three hours ago. If sold, the rate of return would be 73%, and a profit of $4 million was earned over the three-month period.

MicroBit Bitcoin and Ethereum Spot ETF Listed on HKEX

On August 22nd, the two virtual asset spot ETFs of Hong Kong asset management company MicroBit Asset Management were officially listed on the Hong Kong Stock Exchange. They are the MicroBit Bitcoin Spot ETF (HKD counter stock code: 3430.HK, USD counter stock code: 9430.HK) and the MicroBit Ethereum Spot ETF (HKD counter stock code: 3425.HK, USD counter stock code: 9425.HK). The management fee for both ETFs is 0.5%.

If Ethereum breaks $4400, the mainstream CEX cumulative short liquidation volume will reach $1.703 billion

On August 22nd, according to Coinglass data, if Ethereum manages to break through $4400, the total short liquidation strength on mainstream CEXs will reach $1.703 billion. Conversely, if Ethereum drops below $4100, the total long liquidation strength on mainstream CEXs will reach $2.001 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster in relation to neighboring clusters, that is, strength. Therefore, the liquidation chart shows the extent to which the asset price reaching a certain level will be impacted. A higher "liquidation bar" indicates that when the price reaches that level, there will be a more intense reaction due to a liquidity cascade.

Ethereum Deposit Trend Eases, with CEX Inflow Narrowed to 46,000 ETH in the Last 24 Hours

On August 22nd, according to Coinglass data, within the past 24 hours, the total net inflow of ETH on CEX was 46,000 ETH. The top three CEXs in terms of inflow volume are as follows: · Binance, with an inflow of 67,900 ETH; · Kraken, with an inflow of 7,142.29 ETH; · Coinbase Pro, with an inflow of 3,131.98 ETH. In addition, Bitfinex witnessed an outflow of 17,100 ETH and ranked first in the outflow list.

EU officials are considering issuing a digital Euro on public blockchains such as Ethereum or Solana.

August 22nd. As per the Financial Times, sources disclosed that the latest stablecoin legislation in the US has given rise to concerns regarding the competitive stance of the European digital currency. European Union officials are expediting the planning of the digital euro. Last month, the US Congress passed a landmark Genius Act to regulate the $288 billion market dominated by the US dollar in the stablecoin market. A person involved in the discussions indicated that since the enactment of this legislation, EU officials have been "reconsidering the plans for the digital euro." The sources further added that due to privacy concerns, officials are currently contemplating running the digital euro on public blockchains like Ethereum or Solana instead of the previously anticipated private blockchain.

Yesterday's US Ethereum Spot ETF Net Inflow: $2.876 billion

On August 22nd, according to Farside data, yesterday the net inflow of the US Ethereum spot ETF was $287.6 million, bringing an end to a four-day net outflow trend. The specific details are as follows: The net inflow of ETHA was $233.6 million, the net inflow of FETH was $28.5 million, the net inflow of ETHW was $7 million, the net inflow of ETHV was $6.2 million, the net inflow of ETHE was $5.9 million, and the net inflow of Grayscale ETH was $6.4 million.

HashKey Cloud Empowers MicroBit to Launch Hong Kong's First Ethereum Spot ETF with Staking Function

August 22nd. HashKey Cloud, the world-leading Web3 infrastructure service provider under HashKey Group,凭借其专业、安全且运营透明的质押技术解决方案，助力 MicroBit Capital Management Company Limited（MicroBit）在香港行业成功推出了具有质押功能的首只以太坊现货 ETF（03425）。该 ETF 于 2025 年 8 月 21 日在香港证券交易所（HKEX：00388）正式上市，成为 HashKey Cloud 提供质押服务的第二只 ETF。 此 ETF 的核心亮点在于其创新的内置质押特性。HashKey Group 的持牌虚拟资产交易平台 HashKey Exchange 将为该 ETF 提供合规且安全的质押服务。凭借其行业领先的区块链技术能力，HashKey Cloud 为该 ETF 定制了高效、透明且可扩展的质押技术解决方案，确保了技术层面的稳定性和可靠性。此外，HashKey Cloud 提供的削减保险将为该 ETF 提供全面的风险保护，进一步增强了投资者的信心。 此次合作充分整合了 HashKey Cloud 的技术专长和 MicroBit 的资产管理优势，为投资者提供了安全、透明且高效的投资选择。未来，HashKey Cloud 将继续与行业合作伙伴合作，深入挖掘 Web3 技术与金融创新的融合，探索更多创新产品和服务，丰富香港虚拟资产市场的生态多样性，并为香港乃至全球虚拟资产市场的持续繁荣注入新的活力。

An Ethereum Whaleshark Engages in Profit-taking by Liquidating Positions, Accumulating Over $2.8 Million in Profits

On August 22nd, according to the monitoring of on-chain analyst AI Auntie ai_9684xtpa, the whale address 0xC77...CbA28 liquidated its 1-month holding of ETH for profit-taking 10 hours ago, once again reaping a profit of $1.41 million. The total profit from the two recent liquidations exceeded $2.8 million. It had previously purchased 2417 ETH at an average price of $3,672.4 on July 28th and sold all of them 10 hours ago at $4,257 each (approximately $10.29 million).

Ethereum PoS Network Exit Queue Decreased to Approximately 841,000 ETH, Entry Queue Increased to Approximately 214,000 ETH

On August 22nd, based on the data from the Validator Queue tracking website "validatorqueue", it is reported that the current exit queue of the Ethereum PoS network is 841,457 ETH. The ETH exiting the PoS network is estimated to be approximately $36.18 billion at the current price. The withdrawal delay is currently reported to be 14 days and 15 hours. At the same time, there has been an increase in staking demand from new validators being activated. Today, the admission queue has risen to 214,150 ETH, which is worth around $9.2 billion. The current queue waiting time for admission is 3 days and 17 hours.

BitMine reposts Arthur Hayes' latest prediction: Ethereum to Peak at $20,000 This Cycle

On August 22nd, BitMine re-posted a video interview of Arthur Hayes, the co-founder of BitMEX, on the X platform. Hayes mentioned that he has repurchased Ethereum (ETH) because "the chart indicates that the price will keep rising," and he anticipates that Ethereum will reach $20,000 in this cycle.

If Ethereum breaks above $4400, the mainstream CEX cumulative short liquidation pressure will reach $2.072 billion.

On August 22nd, according to data from Coinglass, if Ethereum manages to break through $4400, the total intensity of short liquidation on mainstream CEX will reach $2.072 billion. Conversely, if Ethereum drops below $4000, the total intensity of long liquidation on mainstream CEX will reach $1.202 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to nearby liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.

Ethereum Withdrawal Momentum Paused, with CEX Net Inflow of 115.2K ETH in the Last 24 Hours

On August 22nd, according to Coinglass data, during the past 24 hours, the total net inflow of ETH on CEX was 115,200. The top three CEX inflows are as follows: · Binance, with an inflow of 217,800 ETH; · Bybit, with an inflow of 16,100 ETH; · Kraken, with an inflow of 5,466.09 ETH. In addition, Coinbase Pro experienced an outflow of 102,500 ETH and ranked first in outflows.

OKB achieves over 1.2 billion US dollars in 24-hour spot trading volume on the OKX platform, surpassing Ethereum to rank first

On August 21st, the 24-hour spot trading volume of OKB on the OKX platform reached $12.06 billion, outperforming Ethereum ($8.62 billion) and Bitcoin ($6.54 billion) to rank first. After a brief breakthrough above $240, OKB experienced a pullback and is currently trading at $210.61, with a 24-hour price increase of 54.23%.

BiyaPay Analyst: Hedge Fund Short Position Increases to $4.19 Billion, Ethereum Price May Continue to Face Downward Pressure

On August 21st, a BiyaPay analyst pointed out that the recent Ethereum price failed to break through a crucial resistance level, resulting in another round of market downturn. The bearish pressure in this round of the market is mainly driven by large hedge funds. These funds have been increasing their Ethereum short positions and attempting to trigger stop-losses by pushing down the ETH price. According to The Block's "CME Ether Futures Net Position" data, the current number of Ethereum shorts has reached an unprecedented level, indicating a strong market expectation for a further decline in the Ethereum price. Especially in August, hedge funds' Ethereum short positions nearly doubled, rising from $2.3 billion on August 5th to $4.19 billion. This change indicates that institutional investors continue to bet on the Ethereum price maintaining a downward trend. In the current market environment, the increase in short positions is one of the main factors putting pressure on the Ethereum p

Ethereum Foundation Launches "Trillion Dollar Security" Phase 2, Focusing on Wallet User Experience Optimization

On August 21st, the Ethereum Foundation declared the initiation of the "Trillion Dollar Security" Phase 2 plan, with a particular emphasis on enhancing the wallet user experience. This plan encompasses the improvement of wallet security, the addressing of blind signature problems, and the establishment of a vulnerability database in order to prevent smart contract exploits.

Bitcoin Ancient Whale Once Again Sells 400 Bitcoins and Buys Ethereum Spot

On August 21st, as monitored by Onchain Lens, this morning, the Bitcoin ancient whale that sold 550 BTC worth of leveraged long positions on Ethereum deposited an additional 400 BTC, which is valued at $45.5 million. During this time, it was also buying ETH spot. Furthermore, the whale transferred the ETH spot to a new address. Currently, this new address holds a total of 11,744 ETH, with a value of $50.57 million.

The ETH balance in the Ethereum PoS network's Exit Queue has dropped to 878,000 ETH, while over 200,000 ETH are waiting to join.

On August 21st, according to the data from the Validator Queue tracking website validatorqueue, the current exit queue on the Ethereum PoS network is temporarily reported to be 878,966 ETH, which is approximately worth $37.7 billion. This shows some relief compared to the previous all-time high. At the same time, the amount of ETH queued to join the network is about 203,206, and it is also showing a downward trend. Previously reported, this situation reflects the existence of two opposing forces in the market. On the one hand, some stakers may choose to cash out after Ethereum's significant rise since the April low, resulting in a surge in the exit queue. On the other hand, new inflows of funds driven by regulatory optimism and institutional demand are also boosting the entry queue. For example, listed companies like SharpLink Gaming and BitMine Immersion are increasing their ETH holdings and staking.

Yesterday, the US Ethereum spot ETF saw a net outflow of $240 million, while the Bitcoin spot ETF saw a net outflow of $316 million.

On August 21st, based on the monitoring of Farside Investors, yesterday in the US, the Ethereum spot ETF witnessed a net outflow of $240 million, indicating the 4th consecutive day of outflows. Among them, the BlackRock ETHA had a net outflow of $2.578 billion. Yesterday, in the US, the Bitcoin spot ETF saw a net outflow of $315.9 million. Among them, the BlackRock IBIT had a net outflow of $220 million.

Singapore's DBS Bank Launches Tokenized Structured Note on Ethereum

On August 21st, DBS, Singapore's largest bank, announced the issuance of tokenized structured notes on the Ethereum public chain. The notes are targeted at qualified and institutional investors on Singapore local exchanges such as ADDX, DigiFT, and HydraX. The first product is a participation note linked to cryptocurrency. It settles in cash when prices rise and limits losses when prices fall. The note unit has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience. It is reported that the trading volume of related products exceeded $1 billion in the first half of 2025, with a nearly 60% quarter-on-quarter growth in Q2. DBS will subsequently expand to stocks and credit-linked notes. (CoinDesk)

「15,000 BTC Whale」 Ethereum Long Position Reaches 68,130 ETH, Valued at $295 Million

On August 21st, as monitored by Onchain Lens, a wallet that withdrew 15,000 BTC from HTX and Binance seven years ago (which was valued at $95 million at that time) has now initiated a multi-long position on Hyperliquid with a scale of 68,130 ETH, amounting to $295 million. Thereafter, the address sold 600 BTC through Hyperliquid and opened Ethereum long positions with leverage of 10x and 3x in four different wallets.

A Certain Ancient Whale Sells Bitcoin and Goes Long on Ethereum, Holding Over 65,000 ETH in Long Positions

On August 21st, according to the monitoring of @mlmabc, a wallet that transferred 15,000 BTC from HTX and Binance seven years ago (which was worth $95 million at that time). In the past 8 hours, it deposited approximately 550 BTC into Hyperliquid (worth $62 million), sold them all, and transferred the USDC to two other wallets. These addresses were split to jointly go long on Ethereum. Currently, they hold a total of 65,680 ETH in the three wallets (worth $282 million) in a long position.

Argot Collective has been listed on the Strategic Ethereum Reserve website, holding 2,474 ETH.

On August 21st, the address of the non-profit development organization Argot Collective, which received 7000 ETH in operational funding from the Ethereum Foundation, has now been included in the Strategic Ethereum Reserve (SΞR) website. There are 2,474 ETH in its reserve.

Ethereum Reserve Concept Stocks Rebound, SBET and BMNR Both Rise Nearly 5%

On August 21st, based on market data, the Ethereum Reserve concept stocks in the US stock market showed a rebound. These include: - SharpLink Gaming (SBET.US), which rose by 4.90%; - Bitmine Immersion Technologies (BMNR.US), with an increase of 4.92%; - BTCS (BTCS.US), increasing by 6.15%; - GameSquare (GAME.US), which went up by 1.04%; - Bit Digital (BTBT.US), with a rise of 1.10%.

If Ethereum breaks $4500, the mainstream CEX total short liquidation value will reach $424 million.

On August 21st, according to Coinglass data, if Ethereum manages to break through $4500, the cumulative short liquidation intensity on mainstream CEXs will reach 424 million. Conversely, if Ethereum drops below $4200, the cumulative long liquidation intensity on mainstream CEXs will reach 1.285 billion. BlockBeats Notes: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which reaching a certain price level will be impacted. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.