According to Lookonchain, ETH whale address 0x3c9E sold 38,582 ETH worth $136.9M at a $3,548 average between Jul 29 and Aug 3, 2025, based on its on-chain tracking. According to Lookonchain, the same address then bought back 16,800 ETH worth $74.3M at a $4,424 average from Aug 8 to Aug 15, 2025. According to Lookonchain, the wallet subsequently sold 10,900 ETH worth $47.6M at a $4,369 average from Aug 16 to Aug 20, 2025. According to Lookonchain, the post also notes the address bought again in the last 20 hours, with the amount not specified in the post text. According to Lookonchain, the reported averages imply a $876 per-ETH rebound between the Aug 3 sale and the Aug 8–15 buyback, underscoring behavior described by Lookonchain as panic-selling on dips and re-entering at higher prices, which traders can monitor as potential short-term order flow cues.

According to recent analysis by industry experts on Twitter, blockchain valuation models remain a critical yet unresolved challenge for crypto traders, directly influencing investment strategies for major cryptocurrencies like Ethereum (ETH) and Binance Coin (BNB) (Source: Twitter discussions on blockchain economics). The lack of standardized valuation frameworks, as highlighted in detailed reports, means traders must rely on alternative metrics like onchain GDP and stablecoin velocity to assess network value (Source: Blockchain valuation research papers). With Ethereum (ETH) currently trading at $2249.07, down 0.82% in the last 24 hours, and BNB at $622.29, up 0.159% (Source: Current market data), traders are urged to monitor usage patterns and transaction flows as potential indicators of future price movements. This uncertainty in valuation could create volatility, offering both risks and opportunities for savvy investors in the crypto market.

According to @Acyn on Twitter, Coinbase's recent sponsorship of a military parade affiliated with President Trump has raised eyebrows in the crypto community, highlighting a potential drift from cypherpunk values (source: https://x.com/Acyn/status/1934018536571371719). This move, alongside CEO Brian Armstrong's outreach to former DOGE employees and the company's alignment with political events, suggests a troubling fusion with the power structures crypto was meant to challenge (source: Twitter @Acyn). For traders, this could signal increased regulatory scrutiny or market volatility, especially for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as political involvement may impact investor confidence. Current market data shows BTC at $101,148.23 with a 24-hour decline of -1.517%, and ETH at $2,249.07 with a -0.820% drop (source: provided market data). Traders should monitor potential news-driven price swings as the crypto industry's ideological shifts could influence market sentiment.