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1Bitget Daily Digest (7.22)｜Over 90% of ETH Addresses in Profit, FTX Seeks Delay in Responding to Objections, $470M in Claims May Be Frozen, Public Companies Establish DOGE Corporate Treasury2Crypto Market Update: ETH, SOL, and XRP Show Diverging Trends Amid Increased Volatility3POL eyes 95% surge as Polygon’s stablecoin supply hits 3-year highs
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Best crypto presales to buy now as crypto ETF approval odds jump over 90%
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Flash
- 11:11Data: Jeffrey Huang holds $126 million in long positions on Hyperliquid, including ETH, HYPE, and PUMPAccording to ChainCatcher, on-chain analyst Yu Jin has monitored that Machi Big Brother Huang Licheng currently holds long positions worth $126 million on Hyperliquid, including ETH, HYPE, and PUMP. Over the past two months, he has made a profit of $22.45 million by going long on HYPE and ETH.Current position details: 25x long on 20,199 ETH, position value $74.71 million, entry price $3,637; 5x long on 865,000 HYPE, position value $38.64 million, entry price $43.4; 5x long on 3.5 billion PUMP, position value $13.14 million, entry price $0.0048.
- 11:11Archax acquires Deutsche Digital Assets (DDA) to expand its crypto ETP business in EuropeAccording to ChainCatcher, as reported by CoinDesk, UK-regulated digital asset exchange Archax has announced the acquisition of German crypto asset management firm DDA. DDA holds investment portfolio management and investment advisory licenses issued by Germany’s BaFin and manages approximately $70 million in assets. This transaction will enable Archax to expand its business into the German and French markets, further strengthening its regulatory presence in the European crypto ETP and tokenized asset sectors following its acquisition of Spain’s KSCM. The CEO of Archax stated that the company will become one of the “most comprehensively licensed” digital asset firms in Europe.
- 11:03Data: In the past 30 days, several institutions including Bitmine and SharpLink have significantly increased their ETH holdings, with Bit Digital’s holdings up by 335%According to ChainCatcher, citing data from strategicethreserve, the following treasury companies and institutions have seen significant changes in their Ethereum holdings over the past 30 days: Bitmine Immersion Tech (BMNR) ranks first, currently holding 300,700 ETH valued at approximately $1.1 billion, with holdings up 84.29% in the past 30 days; SharpLink Gaming (SBET) ranks second, currently holding 280,600 ETH valued at about $1.03 billion, with holdings up 59.19% in the past 30 days; The Ethereum Foundation ranks third, holding 238,500 ETH valued at around $873.7 million, with holdings down 8.06% in the past 30 days; Bit Digital (BTBT) ranks sixth, holding 120,300 ETH valued at approximately $440.7 million, with holdings up 335.53% in the past 30 days; BTCS Inc (BTCS) ranks tenth, holding 55,800 ETH valued at about $204.4 million, with holdings up 282.11% in the past 30 days.