A whale engaged in panic-selling and buying the dip of ETH

On August 24th, the latest updates regarding the reallocation of Ethereum by the two Bitcoin ancient whales in the current market are as follows: Ancient Whale 1: Sold: 6,000 BTC, with an approximate value of $690 million at a price of $115,000. Bought: 152,494 ETH, with an approximate value of $724 million at a price of $4,750. Ancient Whale 2: Sold: 3,142 BTC, with an approximate value of $360 million at a price of $115,000. Bought: 55,090 ETH, with an approximate value of $262 million at a price of $4,750. Long Position: 135,263 ETH perpetual contract, with a notional value of approximately $643 million at a price of $4,750. In total: Sold: 9,142 BTC, with an approximate value of $1.05 billion at a price of $115,000. Bought: 207,584 ETH in the spot market, with an approximate value of $986 million at a price of $4,750. ETH Total Position (Spot + Perpetual): 342,847 ETH, with a notional value of approximately $1.63 billion. P&L: Currently, it has made a profit of approximately $1

On August 24th, a certain Bitcoin "ancient whale" further deposited 5,000 BTC into Hyperliquid. The value of this deposit is approximately $5.7467 billion, and the purpose is to exchange it for ETH. Currently, this "ancient whale" holds 179,498 ETH, with a value of approximately $8.505 billion. It also maintains a long position of 135,265 ETH, which is worth approximately $6.4092 billion.

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.