Two Ivy League Universities Hold Bitcoin Worth Nearly $130 Million

On August 11th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), after the US stock market opened and Ethereum surged to $4300, a short order of 26187 ETH from the contract trading whale AguilaTrades was triggered. Subsequently, a "lightning-speed" liquidation occurred 12 minutes later, resulting in a loss of $1.866 million.

On August 11th, based on HTX market data, Ethereum experienced a rebound and broke through $4300. It was initially priced at $4301 and rose by 2.84% after the U.S. stock market opened.

On August 11th, based on HTX market data, Ethereum has rebounded and is now above $4250, currently trading at $4256. Meanwhile, the US stock market opened with a 1.97% increase.

On August 11th, as per Reuters, the cryptocurrency exchange Bullish, which is backed by Peter Thiel, has enlarged its initial public offering (IPO) size. It now aims for a valuation of up to $4.82 billion. This is a notable increase compared to the previous target of $4.2 billion last week, which indicates a sudden boost in market enthusiasm for digital assets. The new plan involves selling 30 million shares at a price ranging from $32 to $33 per share. At the highest price, Bullish could raise approximately $990 million, which is more than the earlier plan to sell 20.3 million shares at $28 to $31 per share. Bullish was launched by Block.one (the blockchain company behind EOS) in 2020. It has attracted the interest of BlackRock and Cathie Wood's ARK, who have stated their plans to purchase $200 million in shares. Bullish is expected to set the price on this Tuesday and start trading under the symbol "FLY" on the following day.

On August 11th, Bloomberg ETF analyst Eric Balchunas posted on social media that Roundhill Investment Management had recently submitted an application for a "Meme Theme ETF". This (with a relatively high degree of certainty) can be regarded as a "resurrection" in the financial field. Particularly since their earlier-launched MEME ETF with the same name has already been liquidated, and now they are making a comeback. Usually, it is other issuers who try to "resurrect" failed ETF products from others (such as in the case of JETS). Therefore, the self "resurrection" of their own product is indeed quite rare.

On August 11th, according to on-chain data analyst Yu Jin, a multisig wallet of an ENS team transferred out 141,937 ENS (approximately 4.02 million) within the past 20 minutes. 72,437 ENS was transferred to FalconX and 69,500 ENS was transferred to Coinbase.