Justin Sun on X responded to how rich he is, and he definitely showed it again. Recently online rumors said his net worth is $8.5 billion, but going back to 2021, in a villa district in Zhangmutou, Dongguan, we were there with a group of friends, along with a master of Qimen Dunjia who was extremely skilled. At the scene, he calculated that Justin Sun’s net worth at that time was already between 30 and 50 billion RMB.
And then there are the projects he holds: on the Tron chain, the amount of USDT stablecoin circulating exceeds $94 billion. Every day, people can transfer and settle from anywhere in the world; anyone can see it in real time on a blockchain explorer. For WBTC, the on-chain reserves are also $9 billion. It is 1:1 pegged to Bitcoin, and the custody addresses are公开 transparent. As for USDD, the circulating supply is $1.5 billion. Its collateralization status can be checked on-chain at any time—deposit and withdraw as you wish, no games at all.
#日本10年期国债收益率首触3% Japan Hikes Rates—Is the US stock and crypto world doomed? Don’t panic. The world’s mightiest “money-printing machine” is about to be shut down! Japan’s 10-year government bond yield has surged past 3%—this is not a small matter. Over the past several decades, global investors have been borrowing near-free yen to buy US stocks, buy tech stocks, and buy Bitcoin. Now, this “free lunch” is over. My take is: be cautious in the short term, watch in the medium term, and expect a monster rally long term. When Japan hikes rates, the first to take a hit are the high-valuation US tech stocks and the highly volatile crypto market. Money flows back to Japan, and as a high-risk “global liquidity barometer,” Bitcoin may, just like in August 2024, be hit with a panic sell-off that creates a dip first—panic, and you lose. This is the real test of the “digital gold” narrative. The more traditional currencies are printed, the more debased they become; Bitcoin’s fixed monetary policy makes it feel even more precious. Every time a macro liquidity shock triggers a crash, it’s a discounted entry ticket for long-term believers. Don’t let short-term swings scare you—keep your eyes on the big pie. Opportunities are created by the drop! Want to know where the dip-buying signal is this time? $SKHYNIX $BNB #日本10年期国债收益率首触3%
US military missile lands, BTC directly smashes through 77,000! $BNB 🧧🧧 Do you think a 25% surge in August means the bull market is back? On September 1st, the first blade is cutting precisely full-position long holders.
As of September 2nd (live): BTC hit a low of 76,762, ETH broke below 2,400, and SOL fell below 100;
In the past 24 hours, total liquidations across the entire network exceeded $200 million. Longs account for 80%+, and in one hour alone, more than $100 million was liquidated.
Escalation in the US-Iran conflict → oil prices jump → US Treasury yields break 4.8% → rate-hike expectations at the Fed spike to 66%+ — risk assets get hammered across the board.
But the most bizarre part isn’t the drop—it’s that while the price falls, institutions are buying:
Spot BTC ETF net inflows of $216 million in a single day; IBIT alone takes 95% of it;
ETH ETF has been drawing in funds for 11 straight days;
giant whales have scooped up 73,000 BTC over 60 days.
Retail hands in their guns—institutions take the deliveries. This isn’t a collapse; it’s turnover. #1688家族family #科威特美军基地发生爆炸 $BTC $SOL
May you always be joyful year after year, May each year be more fulfilling than the last, May everything go just as you wish, every moment. May you find joy every day, May each year surpass the last, May good fortune always stay.
☕Afternoon time—holding a calm composure amid the fluctuations on the board 🌤️。
Market turbulence is the norm; there’s no need to let the back-and-forth in the charts disturb your mood 📊. You don’t have to force yourself to catch every wave of market movement—knowing when to wait is also a kind of wisdom 🕊️. Discard impulsive restlessness, and filter out the noisy distractions from the outside world ✨. Stick to your own trading logic, keep your hands under control, steady your mindset, and manage your position sizing well 💎. Take a moment to quiet your mind and patiently wait for your opportunity—everything beautiful will arrive as scheduled 🍃.
September 2, 04:00 — Crypto market real-time news in the early hours
I. Market Quick Updates
1. Major coins broadly fall and probe lower As of 04:00, the global crypto total market cap is $2.58 trillion, down 2.76% over the past 24 hours. Bitcoin is trading at $76,939, down 2.63% in 24 hours, with an intraday low touching the $77,060 level; Ethereum breaks below the $2,400 integer mark and is now at $2,398, down 2.4% over 24 hours; major coins such as SOL, XRP, and BNB also slide in sync by 2%-3%. 2. Ongoing contract deleveraging In the past 24 hours, the total net liquidation across the entire network is about $239 million; long liquidations account for as much as 82.9%. In just 60 minutes, more than $100 million in positions were liquidated in a concentrated sweep. Bitcoin futures open interest is 109.6K, the long/short ratio is 1.23, and the funding rate remains positive at 0.0052%. Selling pressure is mainly driven by spot position closures, with no extreme negative funding rates observed.
II. Industry Headliners
1. 21 international banks jointly announce stablecoin issuance Goldman Sachs, Bank of America, Citibank, Deutsche Bank, UBS, and 21 other top global financial institutions jointly announced on the evening of September 1 that they will establish a joint venture. The plan is to launch a USD-denominated stablecoin in the first half of 2027, and to expand long-term into G7 currencies such as the euro. It will cover scenarios including cross-border payments and institutional settlement—an important milestone for traditional finance entering the crypto space. 2. Ethereum ETF sees net inflows for 11 consecutive days U.S. spot Ethereum ETFs recorded a daily net inflow of $87.68 million. BlackRock’s ETHA contributed $59.94 million. Institutional capital continues to build positions in Ethereum at lower levels, and the net inflow trend has now extended for 11 trading days.
III. On-chain & Ecosystem Developments
1. Institutional “whale” continues to accumulate ETH On-chain monitoring data shows that a certain institutional address has again withdrawn 5,100 ETH from OKX (about $12.3 million). Since August 29, this whale has accumulated over 42,000 ETH across three addresses, indicating that the institution’s offline accumulation actions are ongoing. 2. DeFi security incidents keep coming The Injective protocol suspended operations for about 4 hours due to a binary options vulnerability; stolen assets are estimated at about $4.9 million. In the Solana ecosystem, the AMM protocol Aquifer was attacked, with losses of approximately $2.5 million. In the Sui ecosystem, the DeFi protocol Full Sail announced it is stopping operations due to oracle-related issues.
Overnight, the U.S. stock market index swung and weakened. U.S. Treasury yields rebounded, weighing on growth stocks, while the storage sector showed a clear split.
After climbing to highs, Micron and Western Digital ran into profit-taking, with notable intraday volatility. Although the long-term demand thesis for AI servers driving HBM and high-end storage has not been broken, the fundamentals remain intact—original manufacturers’ price hikes and long-term contract (LTA) orders are still in place. However, following a prior round of sharp gains, the sector’s valuation has already reached a relatively high level, and capital has started to become cautious.
The market is currently in a sensitive window in September, and macro data as well as the Fed’s remarks will amplify sector volatility. Many investors are choosing to lock in gains. In the near term, the focus is more on a range-bound “shakeout” to digest the previous rally’s accumulated positions.
At this point, it’s not advisable to blindly chase higher prices. You may trim positions modestly on strength to control risk. Going forward, the key focus should be on the original manufacturers’ shipment guidance and AI server order data. Wait for a pullback to stabilize before looking for opportunities.#ARB上涨30%受Robinhood链收入推动
Just checked my account—somehow it hasn’t been liquidated yet. With this kind of market, staying alive counts as good news 😂 Let me post a red envelope to celebrate; I’ll keep moving bricks to recover. Comment “888” to claim the red envelope $BTC
From now on, I will learn the secrets of other people’s success. Past right and wrong, wins or losses—I will not dwell on any of it. I will hold fast to my beliefs, and tomorrow will be better. When I am utterly exhausted, I will resist the temptation to go home and try again.
I will not be satisfied with yesterday’s success, because that is a sign of impending failure. I will forget everything from yesterday—good or bad—let it drift away with the wind. I am full of confidence,迎接 a new sunrise, believing “Today is the best day of my life.”
When I am tired, I will try again; and if I fail once more, I will try again. In fact, each time I get closer to success than before……
As long as I still draw breath, I will see it through to the end, because I have come to understand the secret of success: persevere without giving up, and you will surely succeed.
#ARB up 30% boosted by Robinhood chain revenue 🧧🔥🧧🔥🧧🔥 Robinhood Chain is not a typical DApp deployed on Arbitrum One; it is a standalone chain built with the Arbitrum Platform. The official disclosure is explicit: these chains will route 10% of net revenue back into the Arbitrum ecosystem. Follow me—answer 1 to take the $SOL红包.🧧🔥🧧🔥🧧🔥
What kind of woman do men really like? You still can—why doesn’t he like you? After reading the three points below, you’ll understand. 1. Men like women with social status, so women still need to have some career drive. 2. Men don’t like women who lack social intelligence—who speak carelessly, are not gentle, and make people dislike them. Excellent men may seem to agree with you on the surface, but in their hearts they’re actually unhappy with you, because you’re careless, not gentle, and your words create conflict. 3. You mustn’t fail to harmoniously arrange a man’s food, clothing, lodging, and daily routines. Note: even if you’re a billionaire, at home you still need to do at least a little—at the very least, make some visible efforts to take care of a quality man. Let the babysitter/maid handle things after the man leaves. Pay attention to these three points, and your standing in the eyes of a quality man will improve.
Overnight, the U.S. stock market index swung and weakened. U.S. Treasury yields rebounded, weighing on growth stocks, while the storage sector showed a clear split.
After climbing to highs, Micron and Western Digital ran into profit-taking, with notable intraday volatility. Although the long-term demand thesis for AI servers driving HBM and high-end storage has not been broken, the fundamentals remain intact—original manufacturers’ price hikes and long-term contract (LTA) orders are still in place. However, following a prior round of sharp gains, the sector’s valuation has already reached a relatively high level, and capital has started to become cautious.
The market is currently in a sensitive window in September, and macro data as well as the Fed’s remarks will amplify sector volatility. Many investors are choosing to lock in gains. In the near term, the focus is more on a range-bound “shakeout” to digest the previous rally’s accumulated positions.
At this point, it’s not advisable to blindly chase higher prices. You may trim positions modestly on strength to control risk. Going forward, the key focus should be on the original manufacturers’ shipment guidance and AI server order data. Wait for a pullback to stabilize before looking for opportunities.#ARB上涨30%受Robinhood链收入推动
$BTC $ETH $BNB has gone mad! The “懂王” directly clashed with the Federal Reserve again! 💥
In early September, these remarks immediately stirred up the entire financial market. He openly called for an immediate rate cut, even saying the U.S. should have the lowest interest rate in the world. Even more aggressive, he claimed that GDP could rise to 14–20%, that high growth would not cause inflation, and that it was ongoing rate hikes that were actually destroying the economy—basically blasting the rate-hike policy as a stupid move. 💥
As soon as he said that, the crypto market, U.S. stocks, and gold all started to feel uneasy. After all, the Fed’s interest rates are the big “commanding baton” for crypto. If it really turns toward rate cuts and liquidity loosens, the ground will be ripe for a major surge in Bitcoin and Ethereum; but if the Fed ignores the advice and continues to tough it out with high rates, the overall market will only keep grinding back and forth. 💥
Right now, the market is stuck in a tug-of-war stage. On one side, politicians want to flood the system to stimulate the economy; on the other, the Fed is still watching inflation data and doesn’t dare to loosen policy. With both sides pulling, price action is likely to swing dramatically. 💥
As ordinary retail investors, don’t let headlines drag you into emotional overtrading. Just because someone shouts “buy” doesn’t mean a bull market is coming right away. Talking is one thing—what matters is the policy that actually gets implemented. There are too many uncertainties in the news flow; never jump into leverage recklessly. Manage your position size, stay patient, and wait for solid proof signals—don’t blindly rush in to bet on the trend. 💥#以太坊ETF连续11日净流入 #日本10年期国债收益率首触3% #伊朗革命卫队称打击约旦美军陆战队营地
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.