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According to a report by Jinse Finance, Milton "Todd" Ault III, founder and executive chairman of NYSE American-listed Bitcoin mining company Hyperscale Data, has issued a letter to shareholders announcing that the company will retain all mined Bitcoin, effective immediately, and will no longer sell any Bitcoin. Bitcoin will become a key component of the company’s balance sheet. In addition, Hyperscale Data will begin increasing its holdings of XRP and, starting from September 2, will publish weekly reports on its Bitcoin and XRP holdings.

According to ChainCatcher, on-chain analyst @ai_9684xtpa has monitored that a suspected ancient BTC whale, who had been dormant for seven years and recently made a high-profile switch to ETH, staked 269,485 ETH (worth $1.25 billion) to the ETH2 Beacon Chain within the past hour. This staking amount surpasses that of the Ethereum Foundation, which ranks fourth among ETH-holding entities (231,000 ETH). This move has directly narrowed the difference between the exit and entry queues of the Ethereum PoS network to 260,000 ETH, compared to 727,000 ETH yesterday, and accounts for 66.7% of today's net queue increase. (Source link) Related Tags ETH BTC Staking On-chain Tracking Ancient Whale ChainCatcher reminds readers to approach blockchain rationally, enhance risk awareness, and be cautious of all types of virtual token issuance and speculation. All content on this site is for market information or related party opinions only and does not constitute any form of investment advice. If you find any sensitive information on the site, you can click "Report" and we will handle it promptly.