Daily General Discussion August 21, 2025
Ethereum (Reddit)
Welcome to the Daily General Discussion on r/ethereum
https://imgur.com/3y7vezP
Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2
Please use this thread to discuss Ethereum topics, news, events, and even price!
Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, be constructive. - Subreddit Rules
Want to stake? Learn more at r/ethstaker
Community Links
— Ethereum Jobs, Twitter
— EVMavericks YouTube, Discord, Doots Podcast
— Doots Website, Old Reddit Doots Extension by u/hanniabu
Calendar: https://dailydoots.com/events/
Ethereum (Reddit)
Welcome to the Daily General Discussion on r/ethereum
https://imgur.com/3y7vezP
Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2
Please use this thread to discuss Ethereum topics, news, events, and even price!
Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, be constructive. - Subreddit Rules
Want to stake? Learn more at r/ethstaker
Community Links
— Ethereum Jobs, Twitter
— EVMavericks YouTube, Discord, Doots Podcast
— Doots Website, Old Reddit Doots Extension by u/hanniabu
Calendar: https://dailydoots.com/events/
why whales are dumping their bitcoin bags for ethereum positions
Ethereum (Reddit)
just saw some wild whale activity that has me thinking about what's really driving these moves from btc to eth.
the latest whale move:
a bitcoin og who held for 7 years just sold 670 btc ($76 million) to go long on ethereum. this whale had been sitting on approx 14k btc worth over $1.6 billion since buying from binance and htx way back in the day.
instead of just holding cash, they immediately opened 4 long positions totaling approx 68k eth - most of it on 10x leverage around the $4,300 mark.
this isn't isolated:
bitmine immersion just added another approx 52k eth to their treasury, bringing total holdings to 1.52 million tokens worth $6.6 billion
institutional wallets were buying up approx 9k eth each ($38 million) during recent dips
other satoshi-era whales have been moving massive amounts of btc after years of dormancy
why the shift is happening:
timing matters: this happened right after btc hit its new ath of $124k and eth almost reclaimed its 2021 high of $4,878. smart money often rotates between assets at these levels.
leverage opportunities: you can't really leverage btc the same way institutional players can leverage eth. these whales are opening massive leveraged positions because they see more upside potential in eth.
institutional infrastructure: ethereum has better institutional tools now. defi protocols, staking yields, and corporate treasury strategies all favor eth over btc for active management.
market maturity: crypto analysts say og bitcoiners selling is actually healthy - it shows new buyers entering and markets maturing. the money isn't leaving crypto, it's rotating.
risk vs reward calculation: when you've made 1000x+ gains on btc, taking some profits to bet on eth's next move up makes sense. especially when eth has more room to grow percentage-wise.
the reality check:
not all these moves worked out immediately. the whale's eth positions went underwater after opening, dropping to $4,080 and putting three positions close to liquidation around $3,700.
but that's the point - whales are willing to take these risks because they see eth as having more upside potential than btc at current levels.
what this means:
we're seeing a rotation from "store of value" btc plays into "growth asset" eth plays. whales who made their fortunes in btc are now betting that eth will be the next big mover.
this isn't about btc being bad - it's about opportunity cost. when you're sitting on billions in gains, diversifying into the asset with better risk/reward makes sense.
anyone else noticing this pattern of btc profits rotating into eth? feels like we're in the middle of a major capital rotation.
Ethereum (Reddit)
just saw some wild whale activity that has me thinking about what's really driving these moves from btc to eth.
the latest whale move:
a bitcoin og who held for 7 years just sold 670 btc ($76 million) to go long on ethereum. this whale had been sitting on approx 14k btc worth over $1.6 billion since buying from binance and htx way back in the day.
instead of just holding cash, they immediately opened 4 long positions totaling approx 68k eth - most of it on 10x leverage around the $4,300 mark.
this isn't isolated:
bitmine immersion just added another approx 52k eth to their treasury, bringing total holdings to 1.52 million tokens worth $6.6 billion
institutional wallets were buying up approx 9k eth each ($38 million) during recent dips
other satoshi-era whales have been moving massive amounts of btc after years of dormancy
why the shift is happening:
timing matters: this happened right after btc hit its new ath of $124k and eth almost reclaimed its 2021 high of $4,878. smart money often rotates between assets at these levels.
leverage opportunities: you can't really leverage btc the same way institutional players can leverage eth. these whales are opening massive leveraged positions because they see more upside potential in eth.
institutional infrastructure: ethereum has better institutional tools now. defi protocols, staking yields, and corporate treasury strategies all favor eth over btc for active management.
market maturity: crypto analysts say og bitcoiners selling is actually healthy - it shows new buyers entering and markets maturing. the money isn't leaving crypto, it's rotating.
risk vs reward calculation: when you've made 1000x+ gains on btc, taking some profits to bet on eth's next move up makes sense. especially when eth has more room to grow percentage-wise.
the reality check:
not all these moves worked out immediately. the whale's eth positions went underwater after opening, dropping to $4,080 and putting three positions close to liquidation around $3,700.
but that's the point - whales are willing to take these risks because they see eth as having more upside potential than btc at current levels.
what this means:
we're seeing a rotation from "store of value" btc plays into "growth asset" eth plays. whales who made their fortunes in btc are now betting that eth will be the next big mover.
this isn't about btc being bad - it's about opportunity cost. when you're sitting on billions in gains, diversifying into the asset with better risk/reward makes sense.
anyone else noticing this pattern of btc profits rotating into eth? feels like we're in the middle of a major capital rotation.
Using Ethereum for International Transactions to Person(s) in Countries Lacking a Relationship with the United States
Ethereum (Reddit)
Hello, wondering if anyone on here has been exposed to using ETH (or really any crypto) and sending it overseas to family members, most notably those lacking a relationship with the U.S.?
I have friends that are from Central and South America, such as Nicaragua, Venezuela, Cuba, etc. that frequently send money back home but always requires an intermediary such as western union or even an individual that has found a way to do so. I am trying to make this more widespread amongst them if it is reasonable and the fees are worth it to them as opposed to going through whatever they currently go through now (a bank).
Process is below:
Open Wallet - convert dollars to ETH/BTC - send ETH/BTC to recipient - convert back into desired currency and back into bank account of individual(s)
This obviously is all done through their phone, and they don't have to stand in line in public exposing themselves to any government agencies, while simultaneously eliminating the banking aspect of controlling the transaction flowing to that country.
This should be able to work for any country that the west isn't involved with.
Ethereum (Reddit)
Hello, wondering if anyone on here has been exposed to using ETH (or really any crypto) and sending it overseas to family members, most notably those lacking a relationship with the U.S.?
I have friends that are from Central and South America, such as Nicaragua, Venezuela, Cuba, etc. that frequently send money back home but always requires an intermediary such as western union or even an individual that has found a way to do so. I am trying to make this more widespread amongst them if it is reasonable and the fees are worth it to them as opposed to going through whatever they currently go through now (a bank).
Process is below:
Open Wallet - convert dollars to ETH/BTC - send ETH/BTC to recipient - convert back into desired currency and back into bank account of individual(s)
This obviously is all done through their phone, and they don't have to stand in line in public exposing themselves to any government agencies, while simultaneously eliminating the banking aspect of controlling the transaction flowing to that country.
This should be able to work for any country that the west isn't involved with.
ERC-8004: Trustless Agents Standard.
Ethereum (Reddit)
Ethereum dev Davide Crapis has proposed ERC-8004 - a new standard to make AI agents interoperable across organizations in a trustless way.
From A2A to ERC-8004.
The existing Agent-to-Agent (A2A) protocol works, but only within trusted org boundaries.
ERC-8004 extends A2A with a trust layer, enabling agents from different ecosystems to discover and interact securely.
So, what’s inside?
The standard introduces 3 onchain registries:
• Identity - portable, censorship-resistant agent IDs.
• Reputation - attestations with flexible off-chain scoring.
• Validation - generic hooks for economic or cryptographic verification.
More complex operations like reputation scoring, data aggregation, or incentive mechanisms, are intentionally left offchain, keeping the system efficient and flexible.
And, as we see, ERC-8004 could unlock an open, cross-organizational AI agent economy.
Because It provides:
• A unified interface.
• Tiered trust models (to match different risk levels).
• More interoperability between AI systems.
As of today, ERC-8004 is still only a draft and waiting for feedback and refinement. But if the community embraces it, this standard could evolve into a foundation for trustless, collaborative AI on Ethereum.
What’s your opinion, guys?
Source:
This post was written by Everstake, a responsible staking provider trusted by 735K+ users across 70+ blockchain networks.
Ethereum (Reddit)
Ethereum dev Davide Crapis has proposed ERC-8004 - a new standard to make AI agents interoperable across organizations in a trustless way.
From A2A to ERC-8004.
The existing Agent-to-Agent (A2A) protocol works, but only within trusted org boundaries.
ERC-8004 extends A2A with a trust layer, enabling agents from different ecosystems to discover and interact securely.
So, what’s inside?
The standard introduces 3 onchain registries:
• Identity - portable, censorship-resistant agent IDs.
• Reputation - attestations with flexible off-chain scoring.
• Validation - generic hooks for economic or cryptographic verification.
More complex operations like reputation scoring, data aggregation, or incentive mechanisms, are intentionally left offchain, keeping the system efficient and flexible.
And, as we see, ERC-8004 could unlock an open, cross-organizational AI agent economy.
Because It provides:
• A unified interface.
• Tiered trust models (to match different risk levels).
• More interoperability between AI systems.
As of today, ERC-8004 is still only a draft and waiting for feedback and refinement. But if the community embraces it, this standard could evolve into a foundation for trustless, collaborative AI on Ethereum.
What’s your opinion, guys?
Source:
This post was written by Everstake, a responsible staking provider trusted by 735K+ users across 70+ blockchain networks.
Ethereum Improvement Proposals
ERC-8004: Trustless Agents
Discover agents and establish trust through reputation and validation