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Meme Coin SPARK's Market Cap Surges Above $33 Million, with a 95% Spike in 24 Hours

6 hours ago

On August 10th, based on GMGN data, on the Solana blockchain, the AI virtual creature concept Meme token SPARK had its market capitalization briefly exceed $33 million, reaching a new all-time high. It witnessed a 95% increase in the past 24 hours and a 24-hour trading volume of $26.2 million. BlockBeats reminds users that Meme coins usually lack practical use cases and experience significant price volatility. Therefore, investment should be made with caution.

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Three years ago, a whale who accumulated Ethereum at an average price of $1237 is suspected to have unloaded their position, potentially realizing a profit of $1.066 million.

August 10th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale that opened a position in ETH three years ago at an average price of $1237 has made small deposits to exchanges three times in the past year. It appears that the whale has finally made a decision to liquidate its position half an hour ago. If it were to sell all of its holdings, it would achieve a profit of $1.066 million, with a return on investment of 237%.

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AguilaTrades Adds to 25x Leveraged ETH Short Position, Position Size Reaches $83.7 Million

August 10th: As per Ember Research, the whale contract trader AguilaTrades enhanced their leverage by 25 times on an ETH short position. The present position holds a notional value of 83.7 million US dollars, accompanied by an average opening price of $4,193 and a liquidation price of $4,889.

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Ethereum Co-Founder: Treasury Firm Could Help ETH Surpass BTC Market Cap Within a Year

On August 10th, Joe Lubin, the co-founder of Ethereum and the CEO of Consensys, stated, "The flippening may occur within a year, which will lead to ETH's market capitalization surpassing that of BTC."

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This week, the US Ethereum spot ETF saw a total net inflow of $3.266 billion

On August 10th, based on Farside's monitoring data, this week, the US Ethereum spot ETF has witnessed a cumulative net inflow of $3.266 billion.

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Michael Saylor has released Bitcoin Tracker information, hinting at a possible BTC accumulation strategy.