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Ethereum's sharp rally following yesterday's CPI release was driven by whales, with its key resistance level currently above $2,700.

1 hours ago

Following yesterday’s CPI release, Ethereum rallied nearly 10% in a short span, jumping quickly from $2,433 to $2,667. Analyst Alicharts attributes this short-term surge to whale activity, noting that the volume of Ethereum transactions worth over $1 million rose by nearly 14% during the period. However, Alicharts also warns that Ethereum is now approaching a major resistance level. Over 10 million ETH previously changed hands between $2,700 and $2,800, creating a significant supply barrier. This is the critical range whales must clear to drive Ethereum toward $3,000.

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Donut AI CEO and founder Chris shared his recent live trading details on Twitter: he exited PONS at its peak to shift to the Solana ecosystem, betting on launchpad token STONK, earning nearly $1 million from a single token position.

Donut AI CEO and founder Chris recently disclosed his holdings and live trading results on the FOMO platform (FOMO account: chriszhuureal). Over the past 30 days, he has generated approximately $130,000 in profit, trading multiple active tokens on the Robinhood Chain, including PONS, AI, and BONER. According to Chris’s Twitter post, he has held PUMP for several months, citing that the protocol is one of the most stable revenue-generating products in crypto, with solid operations and high retail investor exposure. This position has now realized a profit of around $930,000. However, he also pointed out PUMP’s shortcomings: its mobile experience is laggy, and its design is not centered on social elements—exactly why he shifted to testing FOMO. Additionally, Chris said he took profits on PONS when it hit a roughly $600 million market cap, and shortly after spotted a token launchpad emerging on the Solana ecosystem, leading him to buy STONK at the bottom. His view: Solana token performance depends on the amount of SOL on-chain, while the Robinhood ecosystem relies on the amount of cash and FOMO sentiment on the platform. This marks a difference in asset flow: the Robinhood Chain is too new, with its market performance almost entirely driven by inflows of new retail funds; by contrast, Solana token pricing will revolve around the flow of existing SOL. On position entry details, Chris revealed he entered STONK at an $89 million market cap, based on PONS’s previous surge to nearly $1 billion. STONK has since broken through a $280 million market cap, and the profit screenshot he shared shows gains of roughly $180,000. While he notes STONK’s buyback design lags behind that of Robinhood Chain’s launchpad Long.xyz, he remains more optimistic about the Solana ecosystem’s future development. Finally, Chris stated in a long post that he will continue holding STONK and PUMP, but reminded all crypto investors to always prioritize taking profits in trading.

2 minutes ago

White House crypto advisor warns the legislative window for the Clarity Act is closing, with a key procedural vote scheduled for September 15.

White House Digital Assets Advisory Committee Executive Director Patrick Witt stated that the legislative window for the U.S. crypto market structure bill Clarity Act is narrowing. If the procedural vote scheduled for September 15 fails this week, there will be significant uncertainty about when the bill can advance again. U.S. Treasury Secretary Scott Bessent also urged lawmakers to push forward with the bill, warning that a legislative failure would send "concerning signals" regarding the U.S. crypto industry's leadership. The revised bill has incorporated 114 amendments proposed by Democrats, but according to Politico, it has yet to gain support from Democratic lawmakers, and advancing the bill requires at least six Democratic votes. Market participants including CK Zheng, founder of ZX Squared Capital, believe that if the Clarity Act is officially enacted, it could prompt large institutions waiting for regulatory clarity to accelerate their entry into the crypto market. Coinbase CEO Brian Armstrong previously noted that a $400,000 Bitcoin price target by 2030 is a "reasonable goal," corresponding to a market cap of around $8 trillion.

2 minutes ago

Yilihua: Rate hike expectations lead to market divergence, with three major investment opportunities in the crypto market going forward.

Liquid Capital founder Yilihua stated, "Interest rate hike expectations have emerged in the past two days, leading to divergent market trends. Now that bearish news has surfaced, two scenarios lie ahead: If a real rate hike is implemented, Bitcoin will likely break below $76,000 in the short term, consolidate at a lower level before rallying again. If no rate hike is delivered, prices will continue to rise. Regardless, trading spot assets without leverage is optimal. During a business school exchange in Shenzhen today, Yilihua outlined three key opportunities over the next three years: First, spot holdings of major cryptocurrencies BTC and ETH could generate around a 4x return; with strategic swing trading, one could aim for a 10x return. Second, trading infrastructure (Infra) still holds potential for 100x returns, as transaction activity is the core demand of the blockchain sector. Third, the 'IPOs' defined by CZ—on-chain stocks and IPO assets—will bring genuine high-quality under-the-radar assets, marking the end of the era of whitepaper-based tokens."

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As Anthropic's IPO approaches, its over-the-counter market cap has spiked and then pulled back, now quoted at $2.159 trillion.

HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO Market on Hyperliquid. As Anthropic’s IPO draws near, its market cap on the platform surpassed $2.3 trillion on the 9th before pulling back, currently trading at $2.159 trillion. As of press time, Anthropic’s pre-market contract open interest stands at $28.19 million, with trading volume reaching $6.74 million. Additionally, OpenAI’s pre-market contract market cap on Entropy is now at $164 million, with open interest reported at $7.67 million.

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ZachXBT: Revolut Suspected of Failing to Detect Fraudulent Requests, Resulting in Partial User Personal Data Breach

On his personal channel, on-chain detective ZachXBT stated that Revolut allegedly failed to identify a fraudulent request, leading to a data leak exposing some users’ personally identifiable information (PII). The leaked details include copies of passports or driver’s licenses, verification selfies, account statements, IBAN numbers, withdrawal records, full transaction histories (including Bitcoin trades), as well as users’ names, dates of birth, occupations, home addresses, email addresses, and phone numbers. ZachXBT added that the number of affected users may be limited, but the incident appears to target high-net-worth individuals; multiple Revolut users received relevant security alert emails yesterday.

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The individual involved in Singapore’s SGD 3 billion money laundering case is the mastermind behind a crypto centralized exchange (CEX), and has used cryptocurrency to launder money.

Singapore has launched online auctions for the first two batches of confiscated assets from its SGD 3 billion money laundering case, with an estimated total value of SGD 2.9 million to SGD 3.9 million. The suspects include Su Weiyi, the mastermind behind cryptocurrency platform Atom Asset Exchange, and Su Baolin, who received illegal gambling proceeds via USDT, converting at least SGD 463,000 into cash and purchasing a Toyota Alphard.

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