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The L2 project MegaETH, backed by Vitalik, is about to launch its public sale.
Quick Take Summary is AI generated, newsroom reviewed. BitMine purchased 104,336 ETH worth $417 million during a 20% price dip. Rising Ethereum whale activity signals renewed institutional accumulation. On-chain data confirms large holders are steadily increasing their positions. The move highlights confidence in Ethereum’s long-term strength despite short-term volatility.References 🔥 TODAY: BitMine bought 104,336 $ETH worth $417M as prices fell 20% from August highs, per onchain data.
With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.
Which new-generation projects are attempting to break away from the old path of "speculative games"?
- 05:57A certain whale went long on BTC and ETH worth 163 million USD early this morning, currently facing an unrealized loss of 3.38 million USD.According to Jinse Finance, on-chain analyst Yujin monitored that after selling ETH and shorting BTC, the whale, who made a profit of $2.6 million from closing shorts yesterday, has now switched to opening long positions. In the early hours today, he opened long positions worth $163 million in BTC and ETH, currently with an unrealized loss of $3.38 million. He went long on 781 BTC, worth $85.23 million, with an entry price of $110,487; and went long on 19,900 ETH, worth $78.08 million, with an entry price of $4,037.
- 05:57aPriori releases airdrop announcement tweetOn October 17, crypto trading infrastructure startup aPriori posted an airdrop preview tweet on its official X account: "Airdrop claim loading (49% completed)". As previously reported, on August 28, aPriori completed a new $20 million funding round with participation from HashKey Capital, Pantera Capital, Primitive Ventures, and others, bringing its total funding to $30 million. The company utilizes high-frequency trading methods in an attempt to reduce many issues plaguing the crypto market, such as excessive spreads and maximum extractable value (MEV) leakage.
- 05:32A certain whale sold 91,356 AAVE at a price of $225, with a transaction amount reaching $20.59 million.According to Jinse Finance, Onchain Lens monitoring shows that a "whale" (referring to a large holder) sold 91,356 AAVE tokens at a price of $225, with a transaction amount reaching $20.59 million (settled in USDC).