A whale has shorted ETH 20x, with a floating loss of nearly $20 million, and is continuously adding to collateral.

August 11th. Binance Alpha will be the first to launch SatLayer (SLAY). And Alpha trading will commence on August 11th, 2025, at 10:00 (UTC). Qualified users can claim a 525 SLAY airdrop on the Alpha event page by using Binance Alpha points within 24 hours after the trading starts. The Binance Alpha airdrop will be distributed in two stages: Stage 1 (First 18 hours): Users who hold at least 227 Binance Alpha points can claim the airdrop. Stage 2 (Last 6 hours): Users holding at least 200 Binance Alpha points can participate in the airdrop on a first-come, first-served basis. If the rewards are not completely distributed, the points threshold will automatically decrease by 15 points per hour.

On August 11th, according to the monitoring of on-chain analyst AI Auntie @ai_9684xtpa, "Arthur Hayes has transformed into the leader of token chasing in the ETH ecosystem. From yesterday until now, he has accumulated a total of $9.514 million worth of a basket of tokens, including ETH, ETHFI, LDO, and PENDLE. ETH accounts for 78% of the portfolio volume. In addition, two hours ago, he received 10 ENA from Wintermute for testing, and he is expected to initiate a continuous accumulation mode in the near future."

On August 11th, according to Rockflow market data, there were significant gains in the pre-market trading of US cryptocurrency-related stocks. These included: · Sharplink Gaming increasing by 8.99%; · Bitmine rising by 9.70%; · Strategy rising by 4.07%; · Circle rising by 2.49%; · Coinbase rising by 4.43%; · HOOD rising by 2.09%; · BTCS rising by 6.60%.

On August 11th, there was a general upward trend in established AI coins within the Solana ecosystem. These included: · AVA increased by more than 35% in the past 24 hours, with a market capitalization of $43.6 million; · ARC rose by more than 33% in the past 24 hours, with a market capitalization of $28.08 million; · SWARMS surged by more than 25% in the past 24 hours, with a market capitalization of $25.8 million; · GRIFFAIN went up by more than 23% in the past 24 hours, with a market capitalization of $49.72 million; · TAI rose by more than 16% in the past 24 hours, with a market capitalization of $45.76 million.

Update, August 11th: MyStonks officially commenced contract trading public testing at 16:00 UTC on August 11, 2025. The first batch will offer support for RWA Sector US Stock Token Perpetual Contracts, with adjustable leverage up to 20x and a matching engine offering millisecond-level feedback. The platform's weekly contract fee of $9283.75 will be refunded in BMNR.M tokens, and the refund mechanism will expire after the public testing phase.

On August 11th, according to CoinGecko data, within the past 24 hours, Upbit's trading volume declined to $3.12 billion, representing a 25% decrease. Among them, the XRP/KRW trading pair took the lead with a 13.42% trading volume share, followed by ETH, BTC, PROVE, and ENA in the top five.