Trader Eugene: Disagreeing with the pump.fun TGE will cause a drop in the associated meme coin

On July 12th, as per the report by Coindesk, with Bitcoin reaching new highs recently, the early Bitcoin investor and BitcoinTalk forum user "JohnGalt" successfully redeemed his 13-year-old Casascius physical Bitcoin bar. He extracted the 100 Bitcoin private keys stored inside and earned approximately 10 million US dollars in profit. JohnGalt stated that he initially spent $500 to purchase this bar in 2012 when Bitcoin was only about $5 per coin and there was almost no interest. In his post, he admitted that over the years he had tried to sell the bar many times and even considered auctioning it off, but the process was often hindered by pricing disputes and trust issues, making it impossible to complete a transaction smoothly. Now that Bitcoin has exceeded $100,000, JohnGalt felt that continuing to hold a physical asset worth "eight figures in USD" was too risky, which prompted him to finally extract these 100 bitcoins. It is worth noting that since BCH uses the same private key mec

On July 12th, as monitored by Onchain Lens, a newly established wallet address withdrew 16,773 ETH from FalconX two hours ago. The amount withdrawn is worth $50.1 million.

On July 12th. After yesterday's announcement of purchasing 10,000 ETH from the Ethereum Foundation, the US-listed company SharpLink Gaming bought an extra 21,487 ETH (approximately $64.26 million) this morning through OTC and Coinbase Prime.

On July 12th, as monitored by Farside Investors, the net inflow of Fidelity FBTC yesterday was 0, while the net inflow of FETH was $12 million.
Currently, with no data available for the 2 ETFs on BlackRock yet, the total net inflow of other U.S. Bitcoin spot ETFs yesterday was $76.1 million, and the total net inflow of other U.S. Ethereum spot ETFs was $67.8 million.

On July 12th, as monitored by on-chain data analyst Yu Jin, after the GMX hacker returned 10,000 ETH (approximately $30 million) to the GMX team the previous day, the GMX team sold the 10,000 ETH 7 hours ago for 29.597 million USDT. The average selling price was $2,959. This was likely converted into a stablecoin for the next step of returning assets to users.

On July 12th, based on LookOnChain's monitoring, a significant amount of funds (20.5 million USDC) was deposited by a whale into multiple addresses on Hyperliquid. This was done with the intention of establishing a "basket" short position. The short targets encompassed: ETH, BTC, SOL, HYPE, DOGE, and FARTCOIN.