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Crypto Market Surges to New Heights with Dynamic Moves

2025-08-11 07:41:10

Main Idea

The cryptocurrency market has reached a $4 trillion valuation, driven by significant Ethereum transactions, staking activities, and major acquisitions by large investors.

Key Points

1. The cryptocurrency market grew by 1.54% in 24 hours, reaching a $4 trillion valuation, with large-volume trades playing a key role.

2. A major shareholder acquired 49,533 Ethereum (worth $210.68 million) via platforms like Galaxy Digital, FalconX, and BitGo, holding $940.7 million in Ethereum across six wallets.

3. Whales staked 4,736 ETH ($19.84 million) for long-term gains, with one investor profiting $10.7 million from an initial $9.12 million investment.

4. The 1inch team sold 5,000 ETH for 21 million USDC and additional 1INCH tokens, realizing profits, while Infini Exploiter sold 1,771 ETH ($7.44 million) from stolen funds.

5. An investor borrowed 20 million USDC from Aave to acquire 109.6 WBTC on Kraken, increasing total holdings to 603.5 WBTC with an average cost of $90,382.

Description

The crypto market reached a $4 trillion valuation after a 1.54% hike. Major investors, or "whales," engaged in large-volume trades involving Ethereum and other assets. Continue Reading: Crypto Market Surges to New Heights with Dynamic Moves The post Crypto Market Surges to New Heights with Dynamic Moves appeared first on COINTURK NEWS .

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