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Gate Daily (August 14): Bitcoin reaches a historic high of $124,000; altcoin Google searches hit a five-year high; Standard Chartered raises Ethereum target price to $7,500.

Bitcoin (BTC) has set a new historical high, reaching a maximum of $124,474 on August 14. At the same time, altcoins are rising, and Bitcoin Dominance has fallen to a range of 59-61%. Google searches for altcoins have reached their highest level in five years. Google has stated that the new rules for the Google Play Store will not restrict the listing of unregistered hosted wallets. Standard Chartered Bank has raised its 2025 price forecast for Ethereum (ETH) from the previous $4,000 to $7,500.
ETH2.26%
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Radiant Capital Exploiter Converts $11.83M Worth of ETH to DAI

Gate News bot message, the exploiter of Radiant Capital (@RDNTCapital) has converted 2,496 ETH to 11.83 million DAI at a price of $4,741 per ETH. This transaction is connected to the October 17, 2024 security breach where Radiant Capital lost $53 million.
RDNT1.55%
ETH2.26%
DAI0.07%
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FARTCOIN (Fartcoin) rose 3.03% in the last 24 hours.

Gate News Bot message, on August 14, according to CoinMarketCap, as of the time of writing, FARTCOIN is currently priced at $1.12, with a rise of 3.03% in the past 24 hours, reaching a high of $1.14 and a low of $0.84. The current market capitalization is approximately $1.12 billion, an increase of $33 million compared to yesterday. Currently, FARTCOIN ranks 77th in global Crypto Assets market capitalization.
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Major Ethereum Whale Accumulates Additional 50,896 ETH Worth $241.72M

Gate News bot message, An unidentified whale or institutional entity has acquired an additional 50,896 ETH ($241.72M), expanding their portfolio to 379,316 ETH ($1.8B). The holdings are currently spread across 12 different wallets, with funds originating from CEX, Galaxy Digital, and BitGo.
This re
ETH2.26%
MAJOR0.62%
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Major Whale Trader Opens 15x Leveraged Ethereum Short Position

Gate News bot message, renowned cryptocurrency trader known as "Mysterious Whale" (@AguilaTrades) has established a new short position on Ethereum (ETH) using 15x leverage.
MAJOR0.62%
ETH2.26%
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JiaxinChecksTheRunninvip:
Just go for it💪

Crypto Whale Makes Large-Scale Short Positions on Major Cryptocurrencies via HyperLiquid

Gate News bot message, A significant cryptocurrency investor deposited $3.36 million USDC into HyperLiquid exchange, subsequently establishing multiple leveraged short positions. The positions included Bitcoin with 40x leverage, Ethereum with 10x leverage, and Solana with 20x leverage.
MAJOR0.62%
VIA-1.19%
HYPE6.25%
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Wallet Transfers Over $23M Worth of ETH to Centralized Exchange

Gate News bot message, a notable cryptocurrency wallet associated with @zguangsi has transferred 5,054.5 ETH, equivalent to $23.6 million, to a centralized exchange.
ETH2.26%
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ETH Holder Secures $7.5M Profit After 9-Month Hold

Gate News bot message, a significant Ethereum trading success was recorded as wallet address "0xe429" closed a major position. The trader sold 6,918 ETH for $4,703 each, generating $7.5M in profits after initially purchasing the same amount at $3,614 nine months ago, representing a $25M investment.
ETH2.26%
HOLD-0.91%
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Analysts: The continuously rising Money Supply could push Bitcoin above $132,000 by the end of the year.

Golden Finance reports that the US federal debt has reached a record $37 trillion, and the continuously rising deficit and potential Money Supply growth may support Bitcoin prices to rise to $132,000 by the end of the year. Analysts say that the ever-expanding deficit may ultimately prompt more accommodative monetary policy, including quantitative easing.
BTC3.53%
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BiyaPay Analyst: ETH突破4600美元,距21年历史高点仅差5%,警惕顶部大幅回调风险

BlockBeats news, on August 13, Ethereum (ETH) broke through 4600 USD, less than 5% away from the historical high of 4868 USD in November 2021. This price breakthrough has attracted widespread attention in the market, with many investors believing that ETH may have entered a phase of a peak, and caution is advised for a significant pullback in the short term. BiyaPay is...
ETH2.26%
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GateUser-bd1dc40avip:
Just go for it💪

Early Ethereum ICO Participant Deposits Additional 2,283 ETH to Centralized Exchanges

Gate News bot message, an Ethereum Initial Coin Offering (ICO) participant has moved an additional 2,283 ETH (valued at $10.42M) to centralized exchanges. According to Onchain Lens, this follows a previous deposit of 2,000 ETH ($8.55M) by the same wallet.
The participant originally acquired 100,000
ETH2.26%
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Open issue coin platform Spark: will officially launch at 2 AM on the 14th.

Odaily News Based on Solana, the fully open issue coin platform Spark announced that it will officially launch on August 14 at 2:00 (UTC+8). Spark allows anyone to instantly generate tokens from a single tweet, with pricing determined by the market and community-driven implementation. Initiators do not need a Pitch Deck or to personally deliver the project. Once the token is obtained
SPK2.43%
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The Ethereum network gas fee is currently reported at 1.901 gwei, and on-chain activity is relatively calm.

BlockBeats news, on August 13, according to Etherscan data, the Ethereum network Gas fee is currently reported at 1.901 gwei, with on-chain activity relatively calm. As Ethereum rebounds and breaks through 4700 USD, the on-chain activity has not been as active as expected. In previous bull runs, the Ethereum network Gas fee often maintained above 50 gwei.
ETH2.26%
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Coinlist: PublicAI (PUBLIC) Token has completed oversubscription.

ChainCatcher news, Coinlist announced on social media that the PublicAI (PUBLIC) Token has completed oversubscription, and the token distribution will be conducted in a "distribution from low subscribers onwards" manner.
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Huang Licheng shorted 1100 ETH with 25x leverage, worth approximately 5.16 million USD.

PANews August 13 news, according to Onchain Lens data, Huang Licheng opened a short position in ETH, using 25x leverage, involving 1100 ETH, with a total value of approximately 5.16 million dollars.
ETH2.26%
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SweetPeasvip:
At this time, going short should have insider information.
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Alpha Token Launch: DSTOCK is now live

Gate News bot message, DSTOCK has been launched on Alpha.
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Arthur Hayes Executes $ENA Token Trading Moves: Recent Sell-off and Buy-back Activity

Gate News bot message, Arthur Hayes, known by his Twitter handle @CryptoHayes, executed significant trading movements with $ENA tokens in recent weeks. Two weeks prior, Hayes sold 7.76 million $ENA tokens at approximately $0.595, securing a profit of $1.65 million from the $4.62 million transaction.
ENA-5.57%
TOKEN0.35%
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IO (io.net) rose 12.70% in the last 24 hours.

Gate News Bot message, on August 13, according to CoinMarketCap, as of the time of writing, IO (io.net) is currently priced at $0.68, having pumped 12.70% in the last 24 hours, with a peak of $0.69 and a low of $0.54. The current market capitalization is approximately $128 million, an increase of $14.4 million compared to yesterday. io.net is a decentralized GPU ecosystem focused on AI workloads. It provides AI teams with a smart stack that allows for instant access to enterprise-level computing resources at 70% lower cost than centralized alternatives. io.net has over 30,000 verified GPUs across more than 130 countries, deployable within minutes without approvals, contracts, or waiting lists. The platform supports containerized AI workloads, Ray clusters, and bare-metal deployments, offering users flexible options.
NET-1.93%
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