According to Bloomberg, Galaxy Digital, Multicoin Capital, and Jump Crypto are negotiating with potential investors to raise approximately 1 billion dollars to purchase $SOL, which would mark the largest treasury allocated for this token. Cantor Fitzgerald is acting as the lead bank for this deal.

🚨 LATEST: Hyperunit reports that a Bitcoin whale has sold 19,663 $BTC ( for $2.22 billion USD) to acquire 455,672 $ETH through Unit on Hyperliquid, with 279k $ETH ( valued at $1.13 billion USD) currently being staked.
The high price has made $BTC less attractive, and whales and institutions are starting to shift their attention to $ETH 🔥

🔥 LATEST: 2.2 billion USD in short positions will be liquidated when $ETH hits the 5000 dollar mark.

Nearly $350M in short positions have been liquidated in the past 4 hours, with the amount of short positions in $ETH reaching $250M, accounting for over 70% of the total volume liquidated.
$ETH Short squeeze 🔥

LATEST: According to @arkham, Blackrock is currently purchasing a large amount of $ETH, they have just bought a total of 233 million USD $ETH.

🇺🇸 The Federal Reserve's interest rate cut probability in September on CME is currently 87.3%.

LATEST: 🇺🇸 Fed Chair Jerome Powell suggested that the current conditions 'may be necessary' for cutting down the whales.
Federal Reserve Chairman Powell stated that the continuously "changing" economic risks have given the Fed more than enough reason to cut interest rates. This statement indicates that Powell has aligned himself with the "doves" on the Federal Open Market Committee responsible for setting interest rates, while also signaling that he may support a 25 basis point cut in the next meeting in September.

If we look at the ETH/USDT chart, $ETH currently resembles $BTC at the $60000 mark, and it could at least double again. This aligns with the general expectations of the majority of $ETH HODLERS and is also the target of many large funds and Wall Street companies.

🇺🇸 According to the cryptocurrency prediction platform Polymarket, the likelihood of the Federal Reserve (FED) lowering interest rates in September has now fallen to 59% from 81% on August 13.

🚨 NEW: Verb Technology ( is set to be renamed Ton Strategy Company ) has announced 780 million USD in treasury assets, including 713 million USD $TON, as part of their $TON accumulation strategy.

$ETH has returned to the psychological support zone around $4000, which is also a strong resistance zone in 2024.
Support EMA 34 1D at around $3900.
Going around this area and then continuing to increase to reach a new ATH, right guys, or is it going to adjust further?

🔥 LATEST: Public companies and funds currently hold over 2% of the total supply of Ethereum and are continually increasing their holdings since the end of June.

carv looks good on futures

Chairman Tom Lee of Bitmine - the company that holds the most $ETH in the world, compares investing in Ethereum now to investing in the Wall Street financial market in 1971, a time when it was still in its infancy. He views the current Ethereum as a better investment than gold.

🇺🇸 BITMINE IMMERSION OF TOM LEE JUST PURCHASED AN ADDITIONAL 373,110 $ETH WORTH 1.62 BILLION USD.
The cryptocurrency asset BitMine exceeds 6.612 trillion USD, including 1.52 million $ETH, an increase of 1.7 billion dollars compared to the 4.9 billion dollars reported last week.
BitMine is still supported by a group of leading institutional investors including Cathie Wood of ARK, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital to support BitMine's goal of acquiring 5% ETH.

The Fear and Greed Index has fallen to 60 points today, just 4 days ago this index was at 75 points.