[Chain News] On August 9, news emerged that the optimistic sentiment in the crypto assets industry for ETH is on the rise. The price of ETH broke through $4,000 on Friday, triggering approximately $105 million in ETH short positions getting liquidated, but the potential price rise may lay the groundwork for further short squeezes. Analysts point out that the real test will be the key price resistance level of $4,100; if this price level is broken, it could trigger a short squeeze and propel ETH rapidly to $4,400-$4,500.

[Block Rhythm] On August 9, according to data from the data platform, a total of 228 million USD was liquidated across the network in the past 24 hours, with a total of 86,742 people being liquidated. Among them, long orders were liquidated for 79.64 million USD, short orders for 148 million USD, and ETH for 95.32 million USD, which is the highest liquidation amount among all trading coins.

Since July 10, over 1.035 million ETH has been accumulated by unknown Whales or institutions within a month, worth approximately $4.167 billion. The price of ETH rose from $2,600 to $4,000 during the same period, an increase of 45%. The accumulated ETH mostly comes from institutions, with an average price of about $3,546.

[Coin World] Trump's son Eric Trump posted on social media: "Don't short BTC and ETH, or you will be completely defeated."

On August 9, news reported that an on-chain analyst monitored a Whale liquidating 10,080 ETH short order, reducing its short position from 70,000 to 12,500. The liquidation price was $4,095. This Whale shorted ETH on July 28, having unrealized gains of $12.25 million, but failed to take profit in time, resulting in a pullback of unrealized gains and a loss of $19 million.

[Coin World] According to reports, the Commodity Futures Trading Commission (CFTC): Speculators have reduced their dollar short positions to a four-month low.

[Coin World] According to reports, former Montenegrin Minister of Justice Andrej Milovic proposed the issuance of government bonds to raise 500 million euros to purchase Bitcoin and Ether, and to establish a strategic national digital currency reserve. He believes that the reserve size will appreciate to 3 to 5 billion dollars in the next five years, which can support the development of Montenegro's transportation, energy, and digital sectors. In addition, Andrej Milovic also suggested incorporating digital currency as collateral for the country's loans to fund the construction of a national data center.

[Golden Finance] According to on-chain analysis, the address starting with 0x46d withdrew 1999 ETH worth approximately 7.84 million USD from a certain exchange after ETH broke the 4000 USD mark. In the past 24 hours, this address has withdrawn 3356.78 ETH from the exchange (total value approximately 13.02 million USD), with an average price of 3925.5 USD.

[Chain News] PANews August 8 news, according to the Wall Street Journal: The U.S. government is preparing to allow Fannie Mae and Freddie Mac to conduct an IPO.

On August 8, American cryptocurrency mining company CleanSpark disclosed that some Bitcoin Mining Rigs imported from April to June 2024 were identified by US Customs as of Chinese origin, potentially facing punitive tariffs of up to $185 million. CleanSpark denied the allegations, stating that its procurement contracts and supplier documents indicate that the Mining Rigs are not made in China and that it will firmly respond to the accusations.
Previously, the mining company IREN also encountered similar controversies, with an amount involved reaching 100 million dollars.

[Block Rhythm] On August 8, on-chain information shows that the "Four-War ETH 75% Win Rate Whale" is on the brink of liquidation (liquidation price $4016.41), with unrealized losses exceeding $9 million on its 15x short order of Ether.

[Chain News] PANews reported on August 8 that at the opening of the U.S. stock market, the Dow rose 0.17%, the S&P 500 rose 0.29%, and the Nasdaq rose 0.36%. Affected by trade news, the gold zone saw a widespread rise, with Harmony Gold rising 0.63%, JinTian rising 0.5%, and Newman Mining rising over 1%.

According to reports, Bitcoin has made it to the front page of today's Financial Times.

[Golden Finance] OpenAI founder Sam Altman: OpenAI has used more synthetic data to train GPT-5.

[Coin World] According to reports, Finn, the founder and CEO of a certain platform, successfully acquired the iconic physical long wick candle hat of Dogwifhat memecoin on August 8 for a price of 6.8 Bitcoin (approximately $793,000) on a certain platform. This hat was made by the owner of Shiba Inu Achi in 2018 and is the original object of the visual image of Dogwifhat memecoin.

[Coin World] According to reports, Oride has announced the successful completion of its first Computing Power RWA (Real World Asset) issuance, valued at tens of millions of yuan. This issuance will introduce Computing Power assets on-chain in the form of RWA, and the regulatory filing for the related assets has been completed. Oride stated that this move aims to promote the integration of Computing Power assets with Blockchain technology, providing the industry with new asset management and circulation methods.

【Coin World】Orderly announced that its total Lock-up Position value (TVL) has surpassed $40 million.

[Coin World] According to reports, most U.S. stock crypto asset concept stocks rose before the market opened, with The Ninth City rising nearly 9%, Trump Media Technology Group and GameSquare rising over 3%, and SharpLink Gaming rising nearly 2%.

The founder of Huaxing Capital Holdings, Bao Fan, has recently made an appearance again. He was taken away for investigation in February 2023, and the progress of the case has not been disclosed. Huaxing Capital responded that Bao Fan is no longer involved in daily management. Today, the company's stock price rose by 16.84%, and it plans to invest 100 million USD to expand into the Web3 and Crypto Assets sectors.

[Coin World] An analyst from a certain data analysis platform stated that the current realized price of Bitcoin over one week to one month is $117,700, while the market price is $116,000, still within the accumulation range. Based on the realized price, the smart Auto-Invest strategy suggests that when the price is below the realized price, it is a suitable time to Build a Position. This strategy conducts hourly Auto-Invest operations based on on-chain behavioral indicators when the price is below the realized price range, and once the price breaks through the realized price threshold, gradual profit-taking can be considered.