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Original title: Tom Lee: The Next 5 Years of Crypto Will Be About Ethereum
Original source: Milk Road
Original compiled: Felix, PANews
Bitmine chairman Tom Lee recently appeared on the (Milk Road Show) program to discuss Ethereum’s core position in the financial system over the next five years. Tom Lee said that due to the tokenization trend and the demand from AI agents for on-chain transactions, ETH is currently in a severely undervalued stage. He believes the current market is in a “course correction,” signaling that the ETH/BTC ratio is set for a major rebound.
Host: What’s your take on last week’s market performance and this sudden surge in Ethereum?

BlockBeats message: On August 31, according to TradingBeats (formerly Hyperinsight) monitoring, the HYPE spot whale starting with 0x0a84 has begun continuously reducing its holdings today. From 09:49 to 13:49 Beijing time, it cumulatively sold 11,113 HYPE, with a trading value of approximately $893,200 and an average execution price of about $80.37.
Within the past half hour, the address sold another 1,588.95 HYPE, with proceeds of about $128,400. The latest sale occurred at 13:49; after that, it still had 26.14 HYPE spot sell orders placed at $81.055, and the de-leveraging action has not fully stopped. The completed sold amounts above realized a profit of approximately $429,700, with trading fees of about $221.

BlockBeats message. On August 31, according to TradingBeats monitoring, the “20x chasing-long ETH whale” continuously added to its ETH long position in the early hours of today. It has cumulatively added approximately 5,088.97 ETH, with an average buy-in price of about $2,449.18, corresponding to a notional value of roughly $12.46 million.
As of the time of writing, the address holds 30,282.40 ETH long contracts, with a position value of about $73.14 million. It is the third-largest ETH long holder on Hyperliquid, with an opening average price of $2,134.45. The current unrealized profit is approximately $8.508 million, and the liquidation price is around $1,749.24.
It is reported that this whale’s current ETH long position was first established in the evening of August 19, with an average execution price of approximately $2,028.14. In addition, the address has a reduce-only limit sell order for 25,193.44 ETH at a price of $4,000.

BlockBeats report: On August 31, according to monitoring by TradingBeats, the wallet “HYPE iron-head bear” starting with 0xf02 is currently shorting 607,100 HYPE with 5x leverage. The position value is about $48.8 million. The composite entry average price is $81.36, and it has once again become one of the largest open HYPE short positions in the market.
As of the time of publication, HYPE is temporarily trading at $80.37, down about 3.08% over the past 24 hours. This whale currently has an unrealized profit of about $600,000, with a return rate of around 6.1%; the liquidation price is $101.30.
Its position size expanded further this morning. Between 1:14 and 1:30, the address sold 202,200 HYPE at an average price of about $83.21—about $16.824 million—bringing the increase in the number of short positions to nearly 50%. These newly added shorts are currently up by about $574,000 at the present price, accounting for the vast majority of the paper profits right now.

From LIT’s historical low of $0.7794 at the end of March this year to today—five months later—LIT has skyrocketed by nearly 5x, peaking at as high as $3.79. It has gained 75% over the past 30 days and 24% over the past 7 days.
LIT can be said to be one of the hottest-performing coins in the crypto market this year. It is currently ranked 76th globally by crypto market capitalization, with a market cap of $865 million. In the early days of the bull run—where both Bitcoin and HAPE are also rising—it’s only natural that altcoins follow suit. After all, when the tide rises, all boats rise. But LIT’s surge is not only due to the broader market lifting.

BlockBeats report: On August 31, the Iranian Foreign Ministry said that Iran’s armed forces launched an attack on U.S. military bases located in Jordan in response to the U.S. attack on the island of Larak. The Iranian Foreign Ministry emphasized that Iran’s armed forces will not hesitate when exercising their inherent right of self-defense and will respond appropriately and firmly to any military aggression by the enemy.
The attacks launched by the United States against parts of the island of Larak violate Iran’s national sovereignty and territorial integrity, clearly in breach of the (United Nations Charter), and call on the UN Security Council and the Secretary-General to fulfill their responsibility to maintain international peace and security and hold the aggressor accountable. The Iranian Foreign Ministry also stated that the United States and all parties supporting its military action should bear full responsibility for the consequences of the escalation of the situation.

Original title: (Trading volume up 10x in January—who is driving UNI’s explosive surge?)
Original author: Mahe, Foresight News
On August 31, UNI once broke through $5.4, reaching a new price high since January 2026. After UNI’s price fell to $2.31 in June this year, it rebounded and has now gained more than 100% over the past three months. During the DeFi boom of 2020–2021, Uniswap was the top star DEX protocol. However, in this current cycle, it has fallen from its pedestal—discussion has been scarce, and the coin’s price has been stuck in a prolonged pattern of sideways drifting down.
What exactly has caused UNI to be once again sought after by the market?

Apple will change leadership tomorrow. Ternus takes over as CEO, and AI is Job No. 1
Tomorrow is Cook’s last day as Apple CEO. Starting September 1, John Ternus, senior vice president of hardware engineering, will formally take over, and Cook will move to executive chairman. Bloomberg says Ternus has listed AI as his top priority after taking office.
Ternus is 50 years old and joined Apple in 2001. He has worked for more than a decade under Jobs and more than a decade under Cook. He led the hardware architecture of the M-series chips and the rollout of Vision Pro. A report by The Information says that Apple “stumbled into” an AI hardware advantage in its Mac product line: the unified memory architecture of Mac has made local inference performance unexpectedly leading. This line falls squarely within Ternus’s scope of authority.

BlockBeats report: On August 31, according to monitoring by TradingBeats, the whale starting with 0x3200 continuously adjusted its positions within 54 minutes this morning, with cumulative trading volume of approximately $82.195 million, realizing a profit of approximately $2.148 million.
In the first round of operations, the whale closed out short positions concentrated on BTC, ETH, and HYPE in the morning:
- Closed a short position of 286.13 BTC at a trade price of $77,370.4, realizing a profit of approximately $865,000;
- Closed a short position of 8,796.02 ETH, at a trade price of $2,411.61, realizing a profit of approximately $796,000;
- Closed a short position of 109,300 HYPE, with a weighted average execution price of about $79.44, realizing a profit of approximately $321,000. The three short positions combined locked in about $1.982 million.

BlockBeats message: On August 31, Federal Reserve Chair Kevin Warsh delivered his first remarks as chair at the Jackson Hole Global Central Banking Conference. Although he did not directly signal the Fed’s September rate decision, his overall discussion clearly leaned toward controlling inflation. He noted that U.S. consumer spending, business capital expenditures, and financial markets remain resilient. The unemployment rate is about 4.1%, but progress on bringing inflation down has been limited: the year-over-year growth rate of the PCE still stands at 3.7%, well above the Fed’s 2% target. Therefore, even if recent inflation data comes in better than expected, it is not enough to demonstrate that underlying inflation has continued to improve. For policymakers, the most important task right now is still to ensure prices fall at a sufficient pace.

BlockBeats report: On August 31, according to TradingBeats monitoring, the address starting with 0x13da has been continuously opening long SOL positions since Sunday 23:15, completing the buildup today at 08:44. It cumulatively bought 272,700 SOL, with a total transaction value of about $29.623 million and a weighted average execution price of approximately $104.794.
Within the past 24 hours, all newly opened positions with higher trading volume have been closed; as of press time, this address has become the largest one-way new position since the weekend.
The current value of its held SOL long positions is approximately $28.805 million, with an unrealized loss of about $818,100 and a return rate of approximately -8.28%. The liquidation price is around $71.66, and the account net value is about $9.055 million.

BlockBeats report: On August 31, according to TradingBeats (formerly Hyperinsight) monitoring, two large ETH addresses have continued to expand their long positions from last night to this morning, with a total buy of 23,245.3 ETH perpetual futures contracts. The transaction value is about $57.752 million, and the weighted average execution price is about $2,484.4.
As of the time of writing, ETH is trading at $2,414.6. Together, the two parties currently hold a total of 60,036.2 ETH in long positions, with a position value of about $145 million. The weighted average entry price is about $2,480.8, and the total unrealized loss is about $3.975 million.
0x0392 Giant Whale: From 0:07 to 0:36 today, concentrated buying totaling 13,078.1 ETH occurred. The transaction value is about $32.662 million. Currently, the position is held at 8x full leverage with a long position of 45,087.3 ETH, with a position value of about $109 million. The average entry price is $2,486.4, the unrealized loss is about $3.236 million, the return rate is approximately -23.1%, and the liquidation price is about $2,251.2.