Chain Whale deposits $10M USDC and opens a 7,000 ETH position

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A major on-chain whale deposited $10 million in USDC into a new wallet and opened a 7,000 ETH position, according to BitJie. ETH price remains under close watch as traders analyze market sentiment. Bitcoin recorded a record weekly dollar gain, while Blackstone purchased $229 million in BTC and ETH within nine hours. Bitcoin also surpassed $80,000 amid strong ETF inflows.

CryptoSlate, August 28: 1. On-chain whales act again: A new wallet deposits $10 million in USDC and opens a position of 7,000 ETH; 2. Bitcoin records its largest weekly dollar gain in history; 3. BlackRock has accumulated approximately $229 million in BTC and ETH over the past nine hours; 4. Bitcoin breaks $80,000, setting a new record for ETF inflows; 5. Charles Schwab to add three altcoins to its digital assets list; 6. BlackRock: Bitcoin ETF trading volume hits a record high, with expectations that Bitcoin could reach $150,000; 7. Ki Young Ju: This bull market peak is driven by institutional capital and ETFs outside the United States; 8. BlackRock: U.S. Treasury debt surpasses $40 trillion, supporting the case for Bitcoin investment; 9. CFTC warns investors to exercise caution when using crypto ATMs; 10. U.S. July PCE inflation exceeds expectations, raising the probability of a Fed rate hike to 42%.

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