「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

According to Lookonchain’s monitoring, trader 0xedcd—who went long on 20,000 ETH (worth ~$49.9 million) ahead of the market rally and reaped over $11 million in profits—has just opened a new position: going long on 100,000 SOL with 20x leverage, with the position valued at roughly $10.45 million.

UBS Group raised Nvidia's (NVDA.O) price target from $280 to $300.

According to SolanaFloor’s monitoring, Solana’s treasury firm DeFi Development Corp. has resumed buying SOL, purchasing 19,000 SOL tokens for $1.86 million at an average price of $98.14 per token. Its current SOL treasury holdings have increased to 2.33 million tokens, valued at approximately $182 million.

The Bitcoin Core Lightning development team has issued an urgent warning, noting that multiple genuine vulnerabilities have been identified in a large number of AI-generated security bug reports, urging Lightning Network node operators to take action. Core Lightning advises node operators who cannot upgrade immediately not to shut down their devices, but instead restart the software in "--offline" mode. This mode cuts off the node’s communication with other Lightning Network nodes, suspends payment sending, receiving, and routing, while still allowing continuous monitoring of the Bitcoin blockchain to prevent risks such as payment channels being closed due to outdated states. Core Lightning stated that its development team has received a large volume of AI-generated vulnerability reports since early August, some of which have been verified as genuine. The developers have not yet disclosed specific details of the vulnerabilities, and plan to keep them confidential for two weeks after releasing a fixed version before making the information public, to allow node operators to complete upgrades. This is the second AI-related Lightning Network security emergency this month. Earlier this month, BTCPay Server suffered a vulnerability that led to the exposure of some Lightning Network node credentials and subsequent fund theft. Additionally, the Bitcoin Red Team recently used an AI model to scan 390 Bitcoin code repositories, identifying nearly 5,000 potential issues in approximately 27 hours, with 85 classified as critical vulnerabilities.

U.S. weekly initial jobless claims fell, indicating the country’s labor market remains stable despite an unexpected drop in July employment. The U.S. Department of Labor said Thursday that for the week ending Aug. 22, seasonally adjusted initial claims decreased by 4,000 to 203,000, against economists’ forecast of 208,000. Initial claims are currently at the lower end of this year’s range of 189,000 to 230,000, suggesting layoffs stay low even amid weak hiring activity. The U.S. unemployment rate edged down slightly last month to 4.1%, a historic low. If the labor market continues to hold steady, the Federal Reserve may keep focusing on curbing inflation. U.S. inflation has exceeded the Fed’s 2% target for 65 consecutive months. Data also showed continuing jobless claims fell by 18,000 to 1.778 million, a metric that serves as a reference for hiring conditions. (Jinshi)

According to SolanaFloor’s monitoring, Solana’s "Double Deflation" proposal has reached quorum with 27 hours remaining before the voting deadline. The current voter turnout stands at 33.84%, with 25% of votes cast in favor. If the proposal is ultimately approved, SOL’s inflation rate will drop to roughly half its current level, lifting its deflation rate to 30%. Based on current estimates, the proposal would reduce SOL’s total supply by approximately $1.47 billion over the next six years, corresponding to around 18.9 million SOL tokens.