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According to Lookonchain monitoring, the new Whale Wallet continues to increase its holdings of ETH. Three new wallets have purchased 74207 ETH (worth 273 million US dollars) again in the past 10 hours. Since July 9th, 8 new wallets have cumulatively increased their holdings by 540460 ETH (worth $1.99 billion).

Bitget WLD/USDT's perpetual trading volume surged 8 times within 10 minutes, with a turnover of 45.21 million US dollars in the past 24 hours, a decrease of 5.67% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

According to Bloomberg, the White House is preparing an executive order to provide legal protection for 401 (k) retirement plan managers, allowing them to include private market funds, cryptocurrencies, and other alternative assets in their investment options. Jon Gray, President of Blackstone Inc., stated that once the United States paves the way for the expansion of 401 (k) plans beyond stocks and bonds, top institutions in the alternative asset industry are most likely to benefit from it. This move will bring significant changes to the US retirement savings market, providing more diversified investment channels for ordinary investors, and may also create new business growth points for large private equity management companies.

According to Lookonchain monitoring, Taiwanese singer Machi Big Brother is still increasing his long position in PUMP. It has incurred losses of over $10 million on PUMP, including a spot loss of $2.17 million and a contract loss of $8.14 million.

The cryptocurrency trading platform WOO X stated on X platform that as the investigation deepens, it has been confirmed that the losses to accounts affected by the hacking incident have reached $14 million. All funds of these users will be compensated. We are working with external security teams and other exchanges to prevent further outflows of funds. Earlier this morning, it was reported that the WOO X platform was suspected to have been attacked, resulting in losses exceeding tens of millions of dollars.