According to a document filed with the U.S. Securities and Exchange Commission (SEC) on Friday (August 9), Harvard Management Company (HMC) made a large-scale new investment in exchange-traded funds (ETFs) tracking the value of gold and Bitcoin in the second quarter of 2025. Among them, it purchased 1.9 million shares of BlackRock iShares Spot Bitcoin ETF, worth $116.7 million. According to Harvard University's campus newspaper, Rutgers Business School professor John M. Longo stated, "Due to the significant expansion of the global money supply, especially since the pandemic, some investors are viewing gold and cryptocurrencies as stores of value." He added that the Trump administration's pro-cryptocurrency policies and the increasing supply of related products by large financial institutions have pushed Bitcoin prices to record highs. (Securities Times)

Odaily Planet Daily News OKX market data shows that ETH rose to US$4,247, setting a record high since December 10, 2021. Today's increase was 4%. The historical highest price of ETH is US$4,871.

According to on-chain analyst Ai Yi, a whale address has been shorting ENA with 5x leverage since late July. The opening price was $0.5236, and the current price is $0.7328, resulting in a floating loss of approximately $3.288 million. The address also shorted Ethereum tokens such as ETH, LDO, MKR, and CRV, resulting in a cumulative floating loss of approximately $2.84 million. To avoid liquidation, the address added 1.6 million USDC to Hyperliquid as collateral since yesterday.

According to on-chain analyst Yu Jin, trader AguilaTrades increased his $4.6 million long position to $15.9 million in two days, earning a profit of $11.3 million, and essentially closed his position 10 minutes ago. Previously, he had repeatedly rolled over unrealized gains, leading to profit taking and even principal losses. In mid-July, he had previously made a $41.7 million profit on his BTC long position, only to lose $5.2 million in the month-end correction. This profit reduced his total losses from $40 million to $28.7 million.

According to Odaily Planet Daily, Wang Feng, founder of Linekong Interactive, stated on the X platform that market sentiment for Bitcoin and Ethereum cannot be viewed in isolation. Bitcoin is currently trading sideways around $120,000, with minimal volatility and no major selling. This leaves ample room for Ethereum to continue its upward trend after breaking through $4,000, with projections of a rise to at least $5,000. Similarly, Ethereum and the broader crypto market are inseparable. The cryptocurrency autumn is expected to begin, with DeFi, RWA, and memes taking off. Earlier news, Linekong Interactive announced the establishment of the LK Crypto Division to coordinate its overall strategy and asset allocation in the Web 3 and RWA fields.

According to on-chain analyst Ai Yi, Ethereum co-founder Jeffrey Wilcke deposited another 9,840.36 ETH, worth approximately $41.33 million, to Kraken after a three-month hiatus. In May of this year, he deposited 105,700 ETH to Kraken and distributed it to eight new addresses. In the past hour, one of these addresses began transferring ETH back to an exchange, presumably in preparation for a sell-off. The current value of this batch of ETH has increased from $262 million to $442 million.