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Spot Ethereum ETFs in the U.S. witnessed record trading volumes on Monday amid the President Trump tariff-fueled turmoil.Following Trump’s tariff announcements on Saturday, ether was one of the hardest hit, dropping 36% to a low of around $2,100 on Monday.
While some view the firm’s BTC buying pause as a bearish development, a couple analysts think differently
Hougan noted that spot Bitcoin ETFs absorbed $4.94 billion in January alone, an annualized pace of approximately $59 billion.
Tariffs issued on three of the US’s biggest trading partners sent global markets into a tailspin
Quick Take White House crypto czar David Sacks said bitcoin is an “excellent store of value” as the original and strongest cryptocurrency. Sacks said evaluating a potential bitcoin reserve is a top priority. The crypto czar also told CNBC that he wants more stablecoin innovation to happen in the U.S.
- 03:51TRUMP whale sold $9.48 million tokens in a single transaction, causing the coin price to plummet 7.87% in a short timeAccording to monitoring by ai_9684xtpa, the TRUMP whale "EwkH5a...rVmjP" sold a single transaction of TRUMP tokens worth 9.48 million US dollars two hours ago, causing a short-term price plunge of 7.87%. This whale accumulated 766,000 TRUMP in three addresses over the past month at an average price of $42.91 per token, with a total value of $32.87 million; affected by the market crash, TRUMP fell 14% in 24 hours and its sale this time resulted in a loss of $2.328 million.
- 03:49A certain MELANIA whale cut its losses, with a deficit reaching 14.61 million US dollarsA MELANIA whale address sold 13.975 million MELANIA tokens on the chain for a cut of meat, converting it into 14.316 million USDC, directly smashing the price of MELANIA by 14.5% (from $1.17 to $1). This whale purchased or single-sided liquidity through DEX a month ago, spending a total of 28.93 million USDC to hoard these 13.975 million MELANIA tokens at an average cost price of $2.07. Four hours ago, all were sold and converted into 14.316 million USDC, resulting in a loss as high as $14.61 million (-50%). It was exactly halved.
- 03:36Tesla officially releases "FSD" feature in ChinaTesla officially launches a software update, which means its "Full Self-Driving" (FSD) driver assistance feature is officially entering China.