Hyperliquid (+Unit) AUM reaches approximately $6.2 billion, surpassing $6 billion for the first time in history. On August 13, Hyperliquid (+Unit) recorded a net inflow of $395 million in assets, setting a new single-day net inflow record, mainly 304m USDC and ~$47.6M in ETH. — link

base's official creative team just launched their creator token

it does seem a little under the radar since the official tweet was months ago

i expect this to move up the zora creator ladder (~5m rn)

https://fxtwitter.com/base/status/1910386826281705535

https://zora.co/@creativeoffice

this is the only official base team token so far, other than the founder (jacob)

will give it a punt here @ 5m since it feels pretty cheap

its actually moving pretty quick, but taking the top spot makes sense as the closest to base's official token

when i first saw it, it was still top 10, but already 2nd spot rn

US TREASURY SECRETARY BESSENT ON CRYPTO RESERVE: NOT GOING TO BE BUYING IT, WILL USE CONFISCATED ASSETS

BESSENT: BITCOIN RESERVES ARE WORTH AROUND $15B TO $20B

BESSENT: I DOUBT WE ARE GOING TO REVALUE US GOLD HOLDING

BESSENT: WE ARE GOING TO RETAIN GOLD AS A STORE OF VALUE

*US JULY PRODUCER PRICES RISE 3.3% Y/Y; EST. +2.5%
*US JULY PRODUCER PRICES RISE 0.9% M/M; EST. +0.2%
*US JULY CORE PPI RISES 0.9% M/M; EST. +0.2%
*US JULY CORE PPI RISES 3.7% Y/Y; EST. +2.9%

*PRODUCER PRICES SPIKE MOST IN 3 YEARS IN JULY AS SERVICES COSTS SOAR

JUST IN: $420,000,000 liquidated from the crypto market in the past 20 minutes.

@WatcherGuru

the moment sol started pumping was a sign of flush soon

accelerated rotation downwards

innit...

anyw, i have cash ready to slowly bid

caught some limit stink bids as well on strong alts in expectation

imo this is where hype shines

hype tends to perform the best when its "risk off"

ath leg soon i think

JUST IN: Over $100,000,000,000 wiped out from the crypto market cap in the past 24 hours.

@WatcherGuru

Big flush. Seeing a lot of traders rush back into longs straight away. Generally these flushes take some time to resolve and with the US Market to open soon it might cause some more volatility.

Personally haven’t been in any active perpetual position for about a week and will patiently wait until prices stabilize a bit and look for longs on strong alts.

No need to knife catch. Most coins moved up violently for 1-2 weeks so if we consolidate for some days that would be fine and make for a healthy correction.

These flushes need to happen along the way to keep the longer trends going.

Ethereum validator exit queue climbs to over $3 billion in ETH amid increased stake withdrawals — link | AI comment