Large XRP addresses have collectively acquired over 642 million tokens near the psychological $1 level since the beginning of August, while the price maintains its support at $1.0052. The SEC published a historic proposal allowing eligible token projects to be exempted from strict registration requirements for fundraising up to $75 million annually. On August 18, Bitcoin ETFs attracted $189.31 million in a single day, fully recovering the record outflows of $389.7 million recorded the previous week. Ripple Prime, the company’s brokerage subsidiary, completed its debut private placement of $275 million in unsecured bonds due in 2031 carrying an 8.25% coupon. The futures market presents significant risks: a decline in Bitcoin to $57,200 would trigger forced liquidations exceeding $4.36 billion, while a drop in Ethereum to $1,715 would cause liquidations exceeding $2.97 billion.
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