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Trader Eugene: NFT may replace altcoins as the best beta asset when Ethereum rises
a day ago

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.

最热快讯
2025-08-10 15:11:16
Over the past hour, the entire network has experienced a liquidation of over $20 million, mainly due to short positions.
According to Odaily Planet Daily, Coinglass data shows that in the past hour, the entire network had a liquidation of US$20.452 million, of which US$19.083 million was for short positions and US$1.369 million was for long positions.
2025-08-10 15:09:24
BTC breaks through 119,000 USDT, up 1.77% in 24 hours
According to Odaily's OKX market data, BTC has broken through 119,000 USDT and is now trading at 119,029.5 USDT, a 24-hour increase of 1.77%. (This newsletter was generated with AI assistance.)
2025-08-10 14:06:06
A whale that has been silent for three years has staked 4,739 ETH, worth $19.84 million
According to Onchain Lens, a whale that has been silent for three years has staked 4,739 ETH on the Kiln platform, worth $19.84 million. The whale accumulated this ETH about 4-5 years ago, when it was worth $9.12 million.
2025-08-10 13:17:33
A whale borrowed 20 million USDC from Aave and transferred it to Kraken to purchase and withdraw 109.6 WBTC
According to on-chain analyst Yu Jin, whale 0xc9d...642 borrowed 20 million USDC from Aave three days ago and transferred it to Kraken. He has since purchased and withdrawn 109.6 WBTC ($12.91 million). This whale used a revolving loan on Aave to leverage WBTC. He has now accumulated a total of 603.5 WBTC ($71.62 million), spending approximately $90,382.
2025-08-10 13:06:03
An address opened an ETH position at $1,237 three years ago and decided to liquidate the position half an hour ago, which would have yielded a profit of $1.066 million.
According to Odaily Planet Daily, according to monitoring by on-chain analyst Aunt Ai, a certain address built an ETH position at $1,237 three years ago and decided to liquidate the position half an hour ago. If it were sold, it would have made a profit of $1.066 million, a return rate of 237%.
2025-08-10 12:35:10
Tether CEO: Smart Development Platform QVAC Starts Health Testing and Will Be Launched Soon
According to Odaily Planet Daily, Tether CEO Paolo Ardoino posted on the X platform that the smart development platform QVAC has started health testing and will be launched soon. It is reported that QVAC (QuantumVerse Automatic Computer) is an intelligent development platform that enables highly scalable AI applications and agents to run directly on local devices without relying on centralized services and cloud infrastructure, thereby protecting users from corporate access to private user data.
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周榜
Over the past hour, the entire network has experienced a liquidation of over $20 million, mainly due to short positions.
BTC breaks through 119,000 USDT, up 1.77% in 24 hours
A whale that has been silent for three years has staked 4,739 ETH, worth $19.84 million
A whale borrowed 20 million USDC from Aave and transferred it to Kraken to purchase and withdraw 109.6 WBTC
An address opened an ETH position at $1,237 three years ago and decided to liquidate the position half an hour ago, which would have yielded a profit of $1.066 million.
Tether CEO: Smart Development Platform QVAC Starts Health Testing and Will Be Launched Soon