An Ethereum ICO whale has deposited its entire ETH position into Coinbase, according to data from on-chain monitor Yujin. The address participated in Ethereum's initial coin offering in 2015, buying in at an average price of $0.311 per token. On August 13, it transferred 2,000 ETH — worth roughly $3.77 million — to the exchange. Yujin's monitoring shows the deposit covered the full balance of the address, with the complete 2,000 ETH holding moved in the transfer. The implied per-token value of the deposit is approximately $1,885, far above the $0.311 ICO price the whale paid back in 2015. The $622 starting value corresponds to the 2,000 ETH position acquired at that average entry price. Over the 11 years since the original purchase, the position's value climbed from $622 to $3.77 million, a floating gain of about 6,060 times the initial outlay. The move from the ICO wallet to the exchange was flagged by Yujin and reported by BlockBeats on August 13.

According to a post on X by on-chain analyst Yujin, Strategy has sold 6,948 BTC since late June. The average sale price was $62,146 per coin, below the firm's $75,000 average cost basis. As a result, the sales have realized a loss of $93.12 million. The disclosure was made public on the social media platform X.

On-chain analyst Yujin said on X that Yushu will open its subscription on Monday at an issue price of 150.8 yuan, valuing the company at 61 billion yuan at issuance. Hyperliquid’s pre-market contract is trading at $88 (about 587 yuan), implying a market cap of 237.4 billion yuan, 3.9 times the issue price. One lot of 500 shares is expected to yield a profit of 220,000 yuan. The maximum subscription is 12 lots, with a probability of winning one lot of about 0.3%.

Odaily Planet Daily, citing on-chain analyst Yujin, says an address is using a TWAP plan to go long 500,000 SOL, worth $38 million. A total of 186,000 SOL have been filled so far, worth $14.16 million, with the average long entry at $76.

A highly leveraged bitcoin short position has come under renewed pressure as the price of BTC rose. According to a BlockBeats report on Aug 7, on-chain monitor Yujin flagged a whale that had shorted 1,600 BTC two days earlier, with leverage reported at 40x. The position had a notional value of roughly $102 million. As bitcoin rebounded to $65,300, the account was stopped out once again. The latest cut closed 500 BTC, about $32.6 million. Combined with earlier stop-losses forced by the bounce, 700 of the original 1,600 BTC shorted have now been closed. What remains is a 900 BTC short, worth approximately $58.66 million. On the morning the whale entered the trade, the margin stood at $2.44 million. That amount has since fallen to roughly $900,000, an unrealized loss of $1.54 million, or about 63% of the starting capital. The whale's short is still partially open.

A wallet linked to 1inch investors sold 14 million 1INCH tokens worth $1.83 million, causing a 7% price plunge. On-chain data reveals thin order book depth and over 77% trading volume from bots.

On-chain analyst Yujin said in a post on X that Pump.fun continued cashing out fee income today by transferring 81,700 SOL to Kraken, a move valued at about $6.15 million based on the figures cited in the post. Yujin also said that since the start of 2024, Pump.fun has likely sold a cumulative 4.812 million SOL in fee revenue. According to the same figures, that amount was worth roughly $812 million at an average sale price of about $168.7 per SOL. The update was reported by ChainCatcher as a brief market news item.

On-chain data shows Strategy and Bitmine continued buying BTC and ETH, but both remain deep underwater on their aggregate holdings, with combined unrealized losses exceeding $10 billion.