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High-profile ETH to BTC Whale Just Sold 4,000 BTC and Bought 96,859 ETH in the Past 12 Hours

3 days ago

On August 31st, as per the monitoring of LookOnChain, a highly prominent ETH to BTC whale has exchanged 4,000 BTC ($4.35 billion) for 96,859 ETH ($4.33 billion) within the past 12 hours. As of the present moment, they have amassed a total of 837,429 ETH ($3.85 billion).
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Coinbase Global Site Increases Perpetual Contract Leverage Limit to a maximum of 50x

On September 3rd, Coinbase International made an announcement regarding the adjustment of the perpetual contract leverage limit. It now allows for a leverage of up to 50x. This feature is accessible to Coinbase Advanced retail and institutional users via the Coinbase International Exchange. Perpetual contracts can only be used in compliant jurisdictions outside the United States.

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American Bitcoin Second-Trigger Circuit Breaker, Gain Narrows to 40.58%

September 3rd: Following three consecutive limit-up movements, the mining firm American Bitcoin backed by the Trump family witnessed a pullback. It has now triggered its second circuit breaker, and the gain has narrowed to 40.58%. Currently trading at $9.7, the market value has decreased to $161 million.

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Trump Jr.: The mission of American Bitcoin is to build the largest Bitcoin reserve in the United States

On September 3rd, Donald Trump Jr., the son of former President Donald Trump, expressed his pride in seeing American Bitcoin being listed. This has placed the United States at the forefront of the crypto space. The mission of American Bitcoin is to establish the largest Bitcoin reserve in the United States. When shareholders succeed, America succeeds. It is a new era for Bitcoin in America, and it begins now.

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American Bitcoin experiences a pullback triggering a circuit breaker, with the price increase narrowing to 63.48%.

September 3rd: After going through three consecutive daily limit-up movements, the mining company American Bitcoin backed by the Trump family has now entered a retracement stage. A circuit breaker has been triggered, and the increase in price has narrowed to 63.48%. Currently trading at $11.28, the market capitalization has dropped to $187 million.

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Bitcoin Surges Past $112,000

On September 3rd, based on HTX market data, Bitcoin saw a rebound and exceeded $112,000, with a 24-hour growth rate of 0.97%.

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In the past 4 hours, there has been a total of $69,947,300 liquidated across the entire network, with the largest single liquidation being a short position.

On September 3rd, according to Coinglass data, the total network liquidated $69.9473 million within the past 4 hours. The long liquidations reached a total of $9.431 million, while the short liquidations totaled $60.5162 million. In the past 24 hours, a total of 97,019 people worldwide were liquidated, with a combined liquidation amount of $210 million. The largest single liquidation took place in the HTX-ETH-USDT pair, amounting to $1.7057 million.

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