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Bitmine Address Received 80,325 ETH in the Last Hour, Equivalent to $358 Million

16 hours ago

On September 4th, according to the monitoring of on-chain data analyst Yu Jin, Bitmine (BMNR) received 80,325 ETH (approximately $3.58 billion) within the past 1 hour from the institutional business platforms Galaxy Digital and FalconX. This is likely to be the ETH they purchased this week. In addition to the 1,866,974 ETH they held as of August 31st, Bitmine currently should possess 1,947,299 ETH, approximately $8.69 billion.
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Justin Sun's Response to Being Blacklisted: The address in question was only used for small-scale testing and was not involved in any buying or selling.

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WLFI briefly surged by nearly 10% before pulling back, with a current market cap of $4.418 billion.

On September 5th, based on HTX market data. Possibly due to the "WLFI Blacklists Justin Sun's Address" news, WLFI witnessed a short-term surge of nearly 10% and then retraced. Currently, its market cap is $4.418 billion. World Liberty has placed Justin Sun's address on a blacklist, seizing 540 million unlocked tokens and 2.4 billion staked tokens. They declared that they believe a certain exchange has been continuously selling user tokens in an attempt to suppress the price.

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WLFI Blacklists Justin Sun Address

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Federal Reserve's "Big Three" Official Williams: Timely Rate Cut Is Appropriate

On September 5th, the President of the New York Fed, Williams, stated that he anticipates that a rate cut will become "appropriate in due course." However, he did not specify the timing or pace of such an action. Williams said on Thursday in remarks prepared for the New York Economic Club event: "Looking forward, if our dual-mandate goals continue to be achieved in accordance with my baseline outlook, I expect that over time, a shift to a more neutral policy stance will be appropriate." Williams pointed out that the Fed is facing a "subtle balance" in terms of risks to employment and inflation. He said: "On one hand, we need to maintain a balanced labor market to ensure that the impact of tariffs does not spread to a more persistent and widespread inflation. On the other hand, adopting a stance of 'being overly tight for too long' could pose a risk to our maximum employment mission." He also stated that so far, the impact of tariffs on inflation has not been as severe as initially expe

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The Trump family-backed crypto projects WLFI and ABTC both dropped over 20% today.

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