ETH breaks through the $4450 mark

Trump claims significant progress in US Russia relations On August 17th, former US President Trump stated that significant progress has been made in US Russia relations and called for external attention.

Trader gains $29.6 million from long ETH in 4 months According to Lookonchain monitoring, a trader on the Hyperliquid platform increased his principal from $125000 to $29.6 million within 4 months by long selling ETH, with a return rate of 236 times. He used two accounts to continuously compound profits and ultimately established 66749 ETH positions with a total value of approximately $303 million. At present, the total equity of these two accounts has increased from $125000 to $29.6 million.

Tom Lee: Bitcoin reserves will help lead the digital transformation of the United States On August 17th, Tom Lee, Chairman of the Board of BitMine, forwarded a tweet from US Treasury Secretary Bessent regarding the strategic reserve of Bitcoin, stating that establishing a strategic Bitcoin reserve is an important measure to ensure that the United States maintains its leading position in digital transformation. Besent mentioned in his tweet that the confiscated Bitcoin will form the foundation of strategic reserves, and the Treasury Department is exploring budget neutral ways to expand reserves and help the United States become a Bitcoin superpower.

Bitget INR/USDT's perpetual trading volume surged 150 times within 10 minutes, with a turnover of 10.42 million US dollars in the past 24 hours, an increase of 7.16% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

In the past 12 hours, the main force has accumulated a net inflow of $4.39 million, with a total buying amount of $10.74 million far exceeding the selling amount of $6.34 million, showing a clear bullish trend. Especially during the 13:00-14:00 period, two consecutive large market buy orders exceeding $2 million pushed the price from $118000 to $118150, indicating the main intention of attracting funds. But then at 14:25, a large market price sell order of $1.18 million appeared, and the price fell under pressure. The current 1-hour candlestick test is supported by the EMA24/52 moving average, and combined with the KDJ overbought signal, we need to be alert to short-term pullback risks. Be the first to grasp the main trends, unlock large transaction indicators through member activation, and gain insight into opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.