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AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%
AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%

Quick Take The self-proclaimed artificial intelligence hedge fund said it grew over the past three years from managing $60 million to $450 million, and now has secured up to $500 million from JPMorgan Asset Management. The hedge fund’s native crypto token Numeraire rose 33% as of Tuesday afternoon.

The Block·2025/08/25 16:00
Flash
  • 09:52
    Market downturn causes a major Aave whale to be liquidated for $3.88 million
    Foresight News reported, according to monitoring by PeckShield, that during the market downturn, a certain Aave whale suffered a total liquidation loss of $3.88 million. The loss came from the whale’s ETH ($1.58 million) and LINK ($2.3 million) positions, which were used as collateral to borrow USDT.
  • 09:52
    Strategy holds a floating profit of $6.15 billions in BTC, while BitMine and Forward Industries are both at a loss.
    Foresight News reported, according to Lookonchain monitoring, under the market downturn, the holdings of the three major DAT companies are as follows: Strategy purchased 649,870 BTC at an average price of $74,433 (worth $54.52 billions), currently with an unrealized profit of $6.15 billions (+12.72%). BitMine purchased 3,559,879 ETH at an average price of about $4,010 (worth $9.75 billions), currently with an unrealized loss of about $4.52 billions (-31.67%). Forward Industries purchased 6,834,506 SOL at an average price of $232.08, currently with an unrealized loss of $711 millions (-44.85%).
  • 09:51
    A major whale was liquidated when BTC fell below $85,000, incurring a loss of $7.5 million.
    Foresight News reported, according to Onchain Lens monitoring, when BTC fell below $85,000, a whale's BTC long position was fully liquidated, resulting in a loss of $7.5 million. The whale's profit dropped from $14.9 million to $4.07 million.
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