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Coinbase CEO posted a picture 13 hours ago showing a purchase of approximately 4.964 million BALAJI, currently worth about $40,000.

By: theblockbeats.news|2025/08/24 11:52:08

BlockBeats News, August 24th, Coinbase CEO Brian Armstrong posted a photo on X platform 13 hours ago, showing his purchase of 4,964,005 BALAJIS, currently worth about $40,000.

BALAJIS is created through the Zora platform, a meme concept coin named after Balaji Srinivasan, former Coinbase CTO and angel investor.

The current market value of BALAJIS is reported to be $8.21 million, with a 24-hour trading volume of $166,500.

A whale sold 123,500 LINK at an average price of $25.36 and still holds 425,000 LINK.

If Bitcoin falls below $113,000, the mainstream CEX long liquidation volume will reach $1.297 billion