BlackRock's Ethereum ETF Holding Surpasses $15 Billion in Value, with a 50% Increase in the Past Month

August 23rd. Stani.eth, the founder of Aave, responded to questions on social media at 20:30 today regarding "Is the WLFI and AAVE protocol still valid? Are they really building on Aave? There are many different rumors from the outside." He stated that the protocol is still valid. "It is stated that at the current price, the Aave Treasury will receive WLFI worth $2.5 billion, making it one of the biggest winners in this cycle." In response to this view, Aave's founder prominently retweeted a comment saying, "The art of the deal." BlockBeats previously reported that Aave will receive 7% of the total WLFI tokens and will receive 20% of the protocol fees generated by WLFI Aave v3. However, the related topic was later denied by an alleged WLFI Wallet team member, which sparked intense discussions on social media platforms and caused significant price fluctuations in the AAVE token.

On August 23rd, Jack Yi, the founder of LD Capital, stated in a post, "Just as we expected, after ETH broke through its all-time high, the next goal is to aim at challenging the all-time high of the BTC exchange rate. The target of ETH is above 10,000. During the interest rate reduction cycle, ETH has been consistently performing better than BTC, ushering in a rally of mainstream coins (including leaders in the ETH ecosystem such as ENA, AAVE, Pendle, UNI, as well as SOL, TON, LTC, etc.). Once again, remember not to go short. Add positions during pullbacks. In a bull market trend, ignore price fears and high prices. Avoid high leverage to prevent short-term pullbacks and spend more energy exploring off-chain income."

On August 23rd, based on HTX market data, AAVE briefly soared above $385 and has now pulled back to $370. It has witnessed an increase of over 14% within 24 hours, and its market capitalization is $5.733 billion.

On August 23rd, based on a previously disclosed proposal, Aave, as a WLFI lending ecosystem partner, within this Aave v3 instance, WLFI will adopt the same reserve factor mechanism as the main Aave instance. The AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance and will obtain approximately 7% of the total WLFI token supply to participate in future WLFI governance processes, liquidity mining, and promote the decentralization of the WLFI platform. Revenue distribution will be implemented through a trustless smart contract, which will directly allocate the corresponding proportion of the protocol fees to the AaveDAO treasury address and the WLFI treasury address.

On August 23rd, according to Mlm Monitor, a Bitcoin ancient whale has just transferred 4,000 BTC (amounting to 460 million US dollars) to a new wallet. Subsequently, it is likely that he will swap it for ETH on Hyperliquid or sell it to over-the-counter (OTC) institutions. In addition, he also withdrew 26,200 ETH (with a value of 125 million US dollars) from Hyperliquid, setting a new record for the largest single ETH withdrawal on the exchange platform up to now. Today, the whale has deposited 2,520 BTC into HyperLiquid, which is worth 291.75 million US dollars, and is ready to sell it in exchange for ETH.