Whale Trader General Gordon James Goes Long on BTC, ETH, SOL, SUI, and other major coins, with a total position value of $145 million

On September 16th, based on Strategic SOL Reserve data, a total of 17 entities have now established SOL Treasury Reserves. They hold a combined total of 17.112 million SOL, which is worth $4.03 billion and accounts for 2.98% of SOL's current total supply. Among this, approximately 7.405 million SOL is staked, with a value of $1.32 billion and an average staking yield of 7.96%, accounting for 1.228% of the total supply. The top holding entities are as follows: · Forward Industries (FORD) takes the lead and is currently holding 6.822 million SOL, approximately worth $1.61 billion; · Sharps Technology (STSS) comes in second, currently holding 2.14 million SOL, approximately worth $500 million; · DeFi Development (DFDV) ranks third, currently holding 2.028 million SOL, approximately worth $477.1 million; · Upxi is in fourth place, currently holding 2 million SOL, approximately worth $470.6 million; · Galaxy ranks fifth, currently holding 1.35 million SOL, approximately worth $317.6 mi

On September 16th, the publicly traded French company Capital B successfully raised 58.1 million euros through a private placement with major institutional investors in order to accelerate its Bitcoin treasury company strategy.

On September 16th, according to data from Defillama, pump.fun has achieved a record revenue of $3.38 million in the past 24 hours. It has once again exceeded Hyperliquid's revenue of $3.12 million in the past 24 hours and reached a new high since February 13th. It trails only behind Tether ($21.67 million) and Circle ($7.62 million).

On September 16th, Tom Lee, the chairman of BitMine, stated in an interview with CNBC that in the event of a Fed rate cut, the primary beneficiaries would be: · The Nasdaq 100 Index (Mag 7 + AI Sector); · Bitcoin and Ethereum, which "are likely to experience a significant increase in the next 3 months"; · Small-cap stocks and the financial sector.

On September 16th, based on CME's "FedWatch" data, the likelihood of a 25-basis-point rate cut by the Federal Reserve in September is 96%, while the probability of a 50-basis-point cut is 4%. The Federal Reserve is scheduled to announce the U.S. Federal Funds Rate Decision (Upper Bound) for September at 2:00 AM on September 18th. As of September 17th, the expected rate is 4.25% and the previous value was 4.5%.

On September 16th, during an interview with CNBC, Dan Morehead, the founder of the crypto fund Pantera Capital, said that Pantera Capital has $11 billion worth of SOL recorded on its books, which is its largest position. Dan Morehead characterized Solana as the fastest and most high-performance blockchain and stated that it has outperformed Bitcoin over the past four years. Regarding the future competition among public blockchains, Dan Morehead believed that it would definitely not be a monopoly nor a situation where thousands of blockchains thrive simultaneously. He thought that the successful public blockchains would only be in the single digits, like Ethereum, Bitcoin, and Solana.