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🔥August in the crypto world is a tale of two extremes: Bitcoin falls below $115,000, 160,000 people get liquidated for $629 million, yet Saylor is buying the dip with $4.2 billion in cash; on the other hand, ETH Spot ETF attracts $5.4 billion in a single month, and the SEC suddenly announces plans to implement an on-chain regulatory framework — is this a bear trap or an appetizer for a bull run?
The more exciting part is yet to come: a wave of 3 billion tokens will be unlocked next week, with SOL releasing 740 million, and LayerZero directly unlocking 23% of its circulating supply. Some say this is a liquidity meat grinder, while others are focusing on the recently issued stablecoin licenses in Hong Kong, claiming this is a signal for institutional entry.
Remember this August: on one side are the tears of the liquidated, on the other side is the calculator of the builders. Which side are you on? 🚀💣
#加密货币 Bitcoin #New Regulatory Cycle