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The world’s largest investment firm, BlackRock, continues to flex its muscle in the cryptocurrency space through the steady accumulation of assets via spot exchange-traded funds (ETFs). To this end, data indicates that the company poured $314.9 million into its Ethereum spot ETF (ETHA) on August 25, marking one of the biggest single-day inflows since trading began. The move was part of a broader buying spree across multiple issuers. For instance, Fidelity attracted $87.4 million, Bitwise added $9.7 million, while Grayscale’s ETH fund recorded $53.3 million in net inflows despite a $29.2 million outflow from its ETHE product.  Invesco and 21Shares also posted smaller gains of $2.2 million and $5.6 million, respectively. In total, Ethereum spot ETFs drew $443.9 million in fresh capital on Monday.  The August 25 surge wasn’t an isolated event. Just days earlier, on August 22, BlackRock recorded another $109.4 million inflow, while Fidelity pulled in $117.9 mi...

In one of the most notable single-day liquidations, a cryptocurrency trader lost over $300 million in just three hours. The trader, identified as Qwatio , saw his massive short positions, worth more than $334 million, wiped out in a familiar pattern in his recent trading, according to the latest on-chain data retrieved by Finbold from Lookonchain on July 14.  Qwatio losing cryptocurrency positions. Source: Lookonchain Data from his public wallet (address: 0x916E) shows a cascade of forced liquidations between 11:42 AM and 1:24 PM UTC on Monday.  In total, Qwatio was forced to close positions amounting to approximately 1,743 Bitcoin (BTC), worth around $211 million; 33,743 Ether (ETH), valued at $102.3 million; and 15 million FARTCOIN, worth about $20.6 million. After fees, his net realized loss on these trades was nearly $25.84 million. Bitcoin rally liquidates shorts  Qwatio had placed huge bets against the market, opening aggressive short po...