A whale bought 1390 ETH at an average price of $4000 and used it as collateral to leverage the ETH/BTC exchange rate.

On August 30th, as per Cointelegraph, El Salvador has redistributed its Bitcoin reserve to 14 new wallet addresses in order to address potential quantum computing threats. The El Salvador Bitcoin Office indicated that by dividing the funds into smaller quantities, the potential impact of a quantum attack can be reduced. Each Bitcoin address can hold a maximum of 500 bitcoins.

August 30th. During this week, the cryptocurrency market witnessed a notable sell-off. However, this occurred following a solid performance in the previous week. Owing to the reduction in volatility and the upcoming release of key data next week, some relatively weak highs have taken shape. Bitcoin is at risk of a double top and has failed to offer significant defense against its impact. Meanwhile, Ethereum retraced further after reaching a new high last Saturday. Here are the key points that the market will focus on in the new week (all times are Beijing time): Wednesday 21:00, 2025 FOMC Voter, St. Louis Fed President Muli Saleem will deliver a speech on the U.S. economy and monetary policy; Thursday 01:30, 2026 FOMC Voter, Minneapolis Fed President Kashkari participates in a fireside chat; Thursday 02:00, The Fed releases the Beige Book on economic conditions; Thursday 23:30, FOMC Permanent Voter, New York Fed President Williams speaks at the New York Economics Club; Friday 07:0

August 30th. According to reports from Huanqiu.com, the Dongxihu Sub-bureau of the Wuhan Public Security Bureau in Hubei Province has taken action against a group that was posing as a tech company to engage in telecom fraud. The individuals involved in this case created a "high-quality blind date female" scenario to befriend others and lured netizens to a fake cryptocurrency investment platform. The police on the scene arrested 30 criminal suspects and seized more than 40 work computers used for fraud, over 50 work phones, more than 100 scripts, packaging materials for personas, and photos. The suspects would send a fake investment website to the victims after winning their trust and entice them to purchase cryptocurrency and invest in the fake platform. The scammers had full control over the profits, but the "withdrawal" process always failed. Currently, 27 individuals involved have been placed under criminal detention, and 3 individuals have been administratively detained. The polic

On August 30th, as per the monitoring of LookOnChain, a whale disposed of 197 Bitcoins at an average price of $108,398 per Bitcoin (amounting to $21.35 million). Subsequently, it opened a 3x leveraged short position involving 561 Bitcoins (valued at $60.89 million).

August 30th. OKX CEO Star shared on social media that the asset size of OKX Earn has surpassed billions of dollars and generates billions of dollars in revenue for millions of users worldwide every year. OKX has always adhered to a core principle: it never raises funds from users but only serves as a technical service provider for users to earn. It helps users efficiently and conveniently access staking on various chains, various DeFi protocols, and institutional borrowers, enabling users to obtain a stable return safely and conveniently in the blockchain world.

On August 30th, Alvin Huang, the Acting Chairman of the Administrative Committee of the Monetary Authority of Macau, stated today at the 7th Greater Bay Area Financial Forum that Macau is actively promoting the development of the "Digital Macau" project. It is planned to conduct a sandbox test by the end of the year and strengthen data connection and integration with interbank digital currencies. In the future, the Greater Bay Area and Macau will achieve interconnected data currencies to promote financial innovation and collaborative development. (Oriental Wealth)