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On August 1, blockchain analytics platform Lookonchain identified a trader who purchased over 256 million CTO tokens, a Solana-based memecoin, using just 50 Solana (SOL) tokens.
Ethereum (ETH) has maintained its critical support level of $2,860, a price point tested multiple times since July 5.
On August 1, Bitcoin experienced a sharp drop, declining from $64,000 to $62,800.
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