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Monday, 08/31/2026

Trader Sells 31,862 SOL at a $2.2M Loss After Holding for a Year

Odaily News: According to Lookonchain monitoring, a trader (9VQb...b5k) bought 30,002 SOL at $182 each a year ago, investing $5.47 million, and staked them, earning 1,860 SOL in staking rewards worth $190,000. Subsequently, the trader sold all 31,862 SOL for $3.25 million, incurring a total loss of $2.2 million.

Tom Lee: Four major catalysts may trigger ETH; if BTC rises to $150,000 and ETH/BTC returns to 0.04, then ETH could reach $6,000

Chairman of Bitmine, Tom Lee, recently stated in an interview with the "Milk Road Show" that asset tokenization and AI intelligent finance will become the core narratives of the cryptocurrency market in the next five years. Ethereum is expected to become the underlying settlement layer of the global financial system, and currently, ETH is still severely undervalued relative to BTC.Tom Lee believes that in the remaining time of 2026, ETH may be driven by four major catalysts: the U.S. "Clarity Act" is expected to pass in September, the return of off-exchange short sellers and hesitant funds, the reallocation of crypto assets by Asian funds, and global institutional fund managers chasing top-performing crypto assets under quarterly performance pressure. He predicts that the ETH/BTC exchange rate is likely to return to the historical high of 0.08. Even if it conservatively recovers to 0.04, if BTC reaches $150,000, the corresponding price for ETH will also reach $6,000. Tom Lee also emphasized that Bitcoin still has long-term upward potential, but the larger narrative for the cryptocurrency industry in the next five years will be the "super cycle of comprehensive asset tokenization" and "AI intelligent finance."

Iran Denies Attack on Kharg Island, Calls Trump's Post 'Ridiculous'

Odaily News: According to Iran's Nour News, the CEO of the National Iranian Oil Company, Hamid Bovard, said on Monday that oil operations on Iran's Kharg Island have not stopped, denying Trump's earlier post claiming that the island's key oil hub had been destroyed. Bovard said: "Trump's tweet is ridiculous, and the situation on Kharg Island is currently calm and normal."

He stated that 90% of Iran's oil exports come from Kharg Island. Although the island has been bombed multiple times by US and Israeli forces in the past, oil workers have not stopped oil operations for "a single moment." Bovard also said that contractors are currently rebuilding and upgrading storage tanks and docks. (Jin Shi)

Ave.ai Now Lists PONS Perpetual Contracts

Odaily News: The Robinhood Chain ecosystem continues to heat up, with leading Launchpad Pons surpassing $2.85 billion in trading volume within about a month of its launch, and its share of daily trading volume exceeding 63% at its peak.

It is reported that PONS is the platform token of Pons Launchpad, and its value is directly linked to the platform's trading activity and protocol revenue. Currently, Pons uses 80% of protocol fees to buy back and burn $PONS, with a cumulative burn of approximately 290 million tokens, accounting for about 29% of the initial total supply.

Currently, Ave.ai supports $PONS perpetual contract trading, with up to 3x leverage.

Wintermute's Hyperliquid Position Returns to Profit with $173M Unrealized Gain on $149.2M Short

Odaily News: According to Onchain Lens monitoring, as the total market capitalization of the crypto market generally declined, Wintermute (0xecb...2b00)'s short position on Hyperliquid has returned to profitability. The address currently holds approximately $149.2 million in short positions and approximately $5.01 million in long positions, with unrealized profits of approximately $1.73 million. Among them, the ETH short position is valued at approximately $58.36 million, the SOL short position at approximately $26.11 million, and the native Bitcoin short position at approximately $19.16 million.

Meme Express: MAST Market Cap on Robinhood Surpasses $2.09 Million

Odaily News: According to Odaily Meme Express monitoring, MAST's market cap on Robinhood has surpassed $2.09 million.

It is reported that MAST is the community/utility token of the Mast Bond protocol, with its core narrative being on-chain diversified portfolios (onchain portfolios / index products). It is a token with "some utility" within the Robinhood Chain ecosystem, which has shifted from the early pure meme craze to RWA and actual DeFi/portfolio products.

"Meme Express" is curated by Odaily's exclusive AI model, selecting potential targets from community discussions. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.

Metaplanet Transfers 1,600 BTC Worth $124M to Two New Wallets

Odaily News: According to Onchain Lens monitoring, Metaplanet has transferred 1,600 bitcoins to two newly created wallets, valued at approximately $124 million. The two wallet addresses are bc1qupyn06sfeqpm9ldzgcw9n70zxnm5ehq3720ygz and bc1qdxg8dj8k05vr550fj9atpxlxvxqv8mqzvlndvf.

Robinhood Ecosystem Token HOOKR Market Cap Surpasses $19 Million, Up Over 66% in a Day

According to GMGN data, the Robinhood ecosystem token HOOKR's market cap briefly surpassed $19 million, and is now reported at $18.47 million, with a daily increase of over 66%.

It is understood that HOOKR is the project token of Hookr.fun, a programmable market launchpad on Robinhood Chain. Hookr.fun is built on Uniswap v4 Hooks, allowing users to issue tokens and combine custom trading rules such as Anti-Snipe, dynamic fees, automatic burning, LP rewards, and Nth-buy Pot. It also establishes a Hook marketplace where other projects can pay fees to developers when adopting relevant Hooks.

In addition, the platform supports ETH or HOOKR as trading pairs for new tokens, where a portion of ETH trading fees can be used to buy back and burn HOOKR, forming a token mechanism linked to platform trading activity.

Odaily News: Please note that HOOKR's price is highly volatile and susceptible to the heat of the Robinhood Chain ecosystem and market sentiment. Please be aware of trading risks.

Robinhood Ecosystem Token CLAN's Market Cap Briefly Surpasses $9.5 Million, Up Over 110% in 24 Hours

According to GMGN data, the market cap of Robinhood ecosystem token CLAN briefly surpassed $9.5 million, hitting an all-time high, and is now reported at approximately $8.7 million, with a 24-hour increase of over 110%.

It is understood that the CLAN-related project clan.tech focuses on trading "Clan Keys," where holders can enter corresponding private chat rooms to communicate with other traders.

Odaily News: Reminder: This token's price is highly volatile and susceptible to market sentiment and hot events. Please be aware of trading risks.

Russia's Compliant Crypto Trading Expected to Reach $46.43 Billion in First Year

Odaily News: Anatoly Popov, Deputy Chairman of the Executive Board of Sberbank, Russia's largest bank, said that the scale of compliant crypto trading in Russia is expected to reach at least 4 trillion rubles (approximately $46.43 billion) in the first year. The bank expects this figure to grow to about 7.5 trillion rubles (approximately $87.06 billion) by 2029 as investors shift to the official trading system.

He noted that the majority of crypto trading volume will still flow outside the regulated exchange system, with about 20% of the first year's volume, or 3.5 trillion to 4 trillion rubles annually, going through exchanges. The relevant regulations will take effect on September 1, allowing investors to legally purchase crypto assets through brokers.

Non-qualified investors can buy up to 300,000 rubles of crypto assets per year through a single licensed intermediary, and must pass a risk awareness test; qualified investors have an investment limit of 3 million rubles. Official exchanges can currently only trade Bitcoin, Ethereum, and USDT, with other altcoins excluded; exchanges must complete registration by July 1, 2027. (Bitcoin.com News)

XRP Spot ETFs See $110M Net Inflows Last Week

Odaily News: According to SoSoValue data, during last week's trading days (Aug. 24 to Aug. 28, Eastern Time), XRP spot ETFs saw net inflows of $110 million.

The XRP spot ETF with the highest net inflows last week was Bitwise ETF XRP, with weekly net inflows of $59.9459 million, bringing XRP's historical total net inflows to $603 million; followed by Franklin Templeton's ETF XRPZ, with weekly net inflows of $28.7006 million, bringing XRPZ's historical total net inflows to $463 million.

As of press time, the total net asset value of XRP spot ETFs is $1.44 billion, with an ETF net asset ratio (market cap as a percentage of XRP's total market cap) of 1.66%, and historical cumulative net inflows have reached $1.66 billion.

SOL Spot ETFs See $154M Net Inflows Last Week

Odaily News: According to SoSoValue data, during last week's trading days (Aug. 24 to Aug. 28, Eastern Time), SOL spot ETFs saw net inflows of $154 million.

The SOL spot ETF with the highest net inflows last week was Bitwise ETF BSOL, with weekly net inflows of $99.4743 million, bringing its historical total net inflows to $1.02 billion; followed by Grayscale's SOL Trust GSOL, with weekly net inflows of $18.5982 million, bringing its historical total net inflows to $131 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.43 billion, with the ETF net asset ratio (market cap as a percentage of SOL's total market cap) at 2.35%, and historical cumulative net inflows reaching $1.34 billion.

HYPE Spot ETFs See Net Inflow of $56.8551 Million Last Week

Odaily News: According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), HYPE spot ETFs saw a net inflow of $56.8551 million.

The HYPE spot ETF with the highest net inflow last week was Bitwise ETF BHYP, with a weekly net inflow of $41.6763 million, bringing its historical total net inflow to $156 million; followed by 21Shares ETF THYP, with a weekly net inflow of $7.9350 million, bringing its historical total net inflow to $56.58 million.

As of press time, the total net asset value of HYPE spot ETFs is $439 million, with an ETF net asset ratio (market cap as a percentage of HYPE's total market cap) of 2.47%, and a historical cumulative net inflow of $344 million.

Data: XRP spot ETF had a net inflow of 110 million dollars last week

According to SoSoValue data, during the last trading day (Eastern Time from August 24 to August 28), the net inflow for XRP spot ETFs was $110 million.The XRP spot ETF with the highest net inflow last week was Bitwise ETF XRP, with a weekly net inflow of $59.9459 million, bringing the total historical net inflow for XRP to $603 million; followed by Franklin Templeton ETF XRPZ, with a weekly net inflow of $28.7006 million, bringing the total historical net inflow for XRPZ to $463 million.As of the time of writing, the total net asset value of XRP spot ETFs is $1.44 billion, with an ETF net asset ratio (market value compared to total market value of XRP) of 1.66%, and the historical cumulative net inflow has reached $1.66 billion.

Data: HYPE spot ETF net inflow last week was 56.8551 million USD

According to SoSoValue data, last week's trading day saw a net inflow of $56.8551 million into HYPE spot ETFs.The HYPE spot ETF with the highest net inflow last week was the Bitwise ETF BHYP, with a weekly net inflow of $41.6763 million, bringing BHYP's historical total net inflow to $156 million; followed by the 21Shares ETF THYP, with a weekly net inflow of $7.935 million, currently THYP's historical total net inflow is $56.58 million.As of the time of publication, the total net asset value of HYPE spot ETFs is $439 million, with an ETF net asset ratio (market value compared to HYPE's total market value) of 2.47%, and the historical cumulative net inflow has reached $344 million.

Bitcoin Spot ETFs See $924M Weekly Inflows; BlackRock's IBIT Leads with $938M

Odaily News: According to SoSoValue data, during the trading week (Aug. 24 to Aug. 28, Eastern Time), Bitcoin spot ETFs saw net inflows of $924 million.

The Bitcoin spot ETF with the highest weekly net inflows was BlackRock's ETF IBIT, with weekly net inflows of $938 million, bringing its historical total net inflows to $63.36 billion. This was followed by Grayscale's Bitcoin Mini Trust BTC, with weekly net inflows of $81.8297 million, bringing its historical total net inflows to $2.86 billion.

The Bitcoin spot ETF with the highest weekly net outflows was Ark & 21 Shares ETF ARKB, with weekly net outflows of $85.1412 million, bringing its historical total net inflows to $1.32 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stood at $97.59 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) at 6.28%, and cumulative historical net inflows reaching $54.63 billion.