[Whale holding $5.6B in ETH is selling, dumps $88M in 15 hours]
Ethereum whale group “7 Siblings” has sold $88.2 million in ETH within 15 hours as short-term traders lock in profits.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Whale holding $5.6B in ETH is selling, dumps $88M in 15 hours"></p><p>Ethereum whale group “7 Siblings” has sold $88.2 million in ETH within 15 hours as short-term traders lock in profits.</p>

Whale holding $5.6B in ETH is selling, dumps $88M in 15 hours

Onchain Lens reported via X that a Hyperliquid whale AguilaTrades opened a 15x Ethereum (ETH) short over 26,000 ETH, but a sudden price spike forced a rapid exit, resulting in about $1.85 million in l...

Hyperliquid whale closes ETH short in under 10 minutes, loses $1.85M

Arweave is in trouble again, with suspicions of internal strife within the community. What exactly happened? We've compiled relevant information from X, and the story is roughly as follows:
1. An Arweave ecosystem project called HyMatrix @HyMatrixOrg, which uses Arweave for permanent storage, announced the launch of its first testnet on August 1st. This public chain, focusing on "decentralized computing," boasts a revolutionary SCP architecture (a storage consensus) capable of achieving a 1,000x performance improvement.
2. Forward Research...

Storage leader Arweave faces internal strife, wielding legal letters against ecosystem projects! What's going on?

[Bitcoin holds $118K while ETH, BNB, LINK, UNI aim to extend the altcoin rally]
Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit.