Odaily Planet Daily trader Eugene stated that the concept of leveraged ETH beta always attracts attention when ETH is trending positively, but most altcoin beta assets suffer from the flaw of relying on ETH capital inflows. Given the current fragmented market, NFTs, denominated in ETH, can benefit from its upward trend without requiring a market sell-off, potentially making them a superior beta asset. He believes that as ETH approaches its all-time high, the market may become more inclined to speculate on NFTs, a trend that already occurred in 2021. Currently, the only NFT series worth noting are Punks and Pudgys.

According to Lookonchain, ShapeShift founder and early Bitcoin advocate Erik Voorhees sold 6,581 ETH today for $4,161 per ETH, valued at approximately $27.38 million. Voorhees acquired 14,945 ETH from ShapeShift nine years ago, when the price was $7.74. His last ETH transaction occurred on December 6, 2024, when he sold 7,807 ETH for $4,005. Currently, Voorhees still holds 556.68 ETH, valued at approximately $2.33 million at current prices.

According to Lookonchain monitoring, address 0xF436 withdrew another 17,655 ETH from exchanges over the past 18 hours, valued at approximately $72.7 million. This is suspected to be a purchase by SharpLink Gaming. Another address, 0x3684, spent 34 million USDT to purchase 8,109 ETH at $4,193.

According to Arkham monitoring, the market value of Ethereum co-founder Vitalik Buterin's on-chain assets has once again reached US$1 billion.

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.