According to Odaily Planet Daily, Trump's second son Eric Trump posted on the X platform: Once again, buy BTC and ETH on dips.
Odaily Planet Daily reports that Nasdaq-listed Trump Media & Technology Group (DJT) released its second-quarter 2025 financial report. As of June 30, its financial assets reached approximately $3.1 billion, an approximately 800% year-over-year increase. This growth was primarily driven by the company raising nearly $2.4 billion for its Bitcoin funding strategy, accumulating approximately $2 billion in Bitcoin and related assets in July, making it one of the largest publicly listed companies in terms of Bitcoin holdings.
The report also showed that DJT achieved positive operating cash flow for the first time this quarter, reaching $2.3 million, but had a net loss of $20 million.
In addition, the company's platform Truth+ plans to launch a reward mechanism and embed utility tokens in digital wallets. The tokens can be used to pay subscription fees in the early stage and will be expanded to other services in the Truth ecosystem in the future.
DJT has also filed registration statements for several ETFs, including the Truth Social Crypto Blue Chip ETF, the Truth Social Bitcoin and Ethereum ETF, and the Truth Social Bitcoin ETF. (Globenewswire)
According to on-chain analyst Ali (@ali_charts), the number of daily active addresses of Ethereum (ETH) has increased to 841,100, setting a record high in the past year.
According to Odaily Planet Daily, according to Lookonchain monitoring, the whale address 0xF436 has withdrawn 10,245 ETH from centralized exchanges again in the past 8 hours, which is estimated to be approximately US$36 million at the current price.
Odaily Planet Daily reported that well-known trader Eugene Ng Ah Sio posted on his personal TG channel that he has gone long on ETH again. The bullish sentiment in August was prematurely pursued by the market, but $113,000 BTC and $3,500 ETH are still reasonable positions for opening positions, with stop losses set at $112,000 and below $3,400.
While the hype surrounding Data Availability Technology (DAT) may be fading, there remains substantial structural buying in the market, so it's not advisable to turn bearish too quickly. Many people are bouncing back and forth between "the bull market is back" and "it's all over," failing to realize that the market isn't binary.