Now, with ETH gallivanting over the $4,300 mark and eyeing its all-time high of $4,878 like a hungry dog eyeing a particularly juicy steak, one must ponder: could this flippening actually occur? 🤔
Now, let’s dive into the heart of the matter. According to a recent CryptoQuant Quicktake post by the ever-insightful ShayanMarkets, the average executed order size in the Bitcoin futures market has taken a nosedive over the past few months. This, dear reader, is a sign that the recent price surge is being fueled not by the mighty whales but by the humble retail investors. Think of it as a digital David versus Goliath, where the little guy is calling the shots.
The price action of Bitcoin and Ethereum, one might say, is less a market trend and more a moral lesson for those who dare to bet against them. Eric Trump, with the eloquence of a man who has never met a meme he didn’t monetize, declared on X: “It warms my heart to witness ETH shorts meet their demise today. To bet against BTC and ETH is to invite the wrath of the market gods.” A sentiment as profound as it is profitable.
SharpLink Gaming, a tech titan with the swagger of a man who’s seen too many crypto winters, announced a financial milestone on August 11, 2025. The company, like a weary farmer surveying his fields, found itself at a crossroads. A $400 million registered direct offering with five global investors-think Wall Street’s version of a barn-raising-plus an undrawn $200M ATM facility and its Ethereum hoard, pushed the company’s ETH treasury into the $3B stratosphere. The market yawned. Or was that a gasp?
At the time of this writing (or should I say, scribbling?), Bitcoin traded at $119,868, up 0.96%, with a daily trading volume of $86.96 billion. Its dominance soared to 59.92%, because apparently, even cryptocurrencies have divas-and Bitcoin is undoubtedly the Beyoncé of blockchain.
On a date that could only be described as serendipitous-July 30, 2025-FG Nexus celebrated its grand entrance into the Ethereum cosmos. This date, you see, marks the tenth anniversary of Ethereum’s genesis block, which, in a fit of generosity, birthed a mere 6,400 ETH back in 2015. How quaint! 🎉
One cannot help but chuckle at the irony, for Binance’s dear founder, CZ, once proclaimed with the gravity of a Shakespearean soliloquy that TST was but a test token, a mere figment in a tutorial video. He assured us, with all the conviction of a man selling ice to Eskimos, that the private key had been deleted-a digital euthanasia, if you will. 🗝️💨
Selling pressure accelerated between 11:00 and 13:00 UTC, when trading volumes surged to between 1.12 trillion and 2.16 trillion tokens. One can only imagine the panic in the trading pits, with large holders rotating out of positions like a well-rehearsed chorus line. The sell-off drove BONK down 8% to a low of $0.00002554, testing the key technical support near $0.00002620. It was a sight to make even the most stoic investor reach for their smelling salts. 💦💔
But alas, this triumph is but a flicker in the gloom, for the RWA sector itself is a sinking ship, trailing behind its flashier blockchain brethren. 🌊
But why stop there? 🤑 The company, listed on the Euronext Growth Paris ($ALCPB), dreams of a utopia where it owns 3,000 BTC by the end of fiscal 2025-a mere whisper away on September 27th. And their grandest delusion? To clutch 1% of all Bitcoin by 2033. Ambition, thy name is greed! 😏 Since November, their Bitcoin yield has ballooned to a staggering 1,519.5% YTD. Numbers, numbers, numbers-the opium of the corporate soul.
