The South Korean KOSPI index opened up 3%, while the Nikkei 225 index opened 0.75% higher
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According to Bybit market data, the South Korean KOSPI index opened up 3% at 6773.92 points, up 20% from its low on July 30th; The Nikkei 225 index opened 0.75% higher, breaking through 68000 points for the first time since July 16th.
According to on chain analyst Yu Jin's monitoring, Giant Whale, which leveraged to buy $30 million ETH in early June, took profit today and made a profit of $4.3 million. On June 7th, the giant whale borrowed 30 million USDS from Spark by pledging ETH through a revolving loan, and bought 18212 ETH at an average price of $1647; Today, 15993 ETH were sold for 1889 US dollars, and 30.2 million USDS loans were repaid, resulting in a leveraged profit of 4.3 million US dollars.
According to The Defiant, Edward Reginelli, the Chief Financial Officer of BitGo, will resign on September 15th and will serve as a consultant after his departure. BitGo suffered a net loss of $19 million in the second quarter, compared to a profit of $38.3 million in the same period last year, with revenue increasing by 79.6% to $4.33 billion. Adjusted EBITDA changed from a profit of $3 million in the same period last year to a loss of $4.2 million. Edward Reginelli's resignation was not due to differences in company operations, policies, or practices, and BitGo has begun to search for a successor.
According to The Defiant, the founder of Bitcoin Swap service provider Boltz has withdrawn from the project, and an anonymous group of senior Bitcoin enthusiasts has taken over the suspended Swap service. The new operator is currently investigating and fixing vulnerabilities, with the goal of restoring the swapping function as soon as possible. Boltz suspended its services on August 3rd, following months of AI assisted attacks that resulted in company losses, but user funds were not affected.
Metaplanet CEO Simon Grovich stated that the company's transfer of 5014 BTC between custody addresses is a routine operation, and no Bitcoin has been sold during this period. Currently, the holding amount is still 43000 BTC. （Cointelegraph）
KAITO plummeted 67.3% in half a month, with prices dropping from a high of $1.3764 on July 29th to $0.45. On August 3rd, two addresses that opened orders worth over $6.94 million on Hyperliquid have respectively stopped losses, resulting in a cumulative loss of $2.874 million.
