According to BlockBeats, on August 8th, Lookonchain monitoring revealed that a whale with the address starting with 0x7C5a chose to cut its losses and exit the market after holding ETH for more than 3 years, with cumulative losses exceeding $19 million.

On-chain data shows that this whale bought ETH at an average price of $2,723 in February 2022 and March 2023, and subsequently staked it. Ten hours ago, the address sold 7,323 ETH, worth approximately $13.96 million.

According to BlockBeats, on August 8th, several ETFs managed by Cathie Wood's ARK Invest underwent stock rebalancing yesterday. Among them:

ARKK flagship fund buys:

Increased holdings in Cloudflare (NET) by 114,000 shares;

Increased holdings in Circle Internet Group (CRCL) by 314,000 shares;

Increased its holdings in SpaceX (SPCX) by 115,000 shares;

Increased holdings of Coinbase (COIN) by 59,700 shares;

Increased holdings in Cerebras Systems (CBRS) by 16,300 shares;

Increased holdings in Intellia Therapeutics (NTLA) by 70,200 shares.

Meanwhile, ARKK reduced its holdings:

Brera Holdings (SLMT) 1822 shares;

Snowflake (SNOW) 101,500 shares;

Roblox (RBLX) 1.599 million shares.

According to BlockBeats, on August 8th, American financial commentator Jim Cramer recently stated that investors should view SpaceX stock from a long-term perspective, considering it as an "intergenerational asset" similar to railroad bonds of the past century. However, he also cautioned short-term investors to wait for a more suitable buying opportunity.

In an interview on CNBC's "Mad Money," Cramer stated that investors have historically purchased railroad bonds with maturities as long as 100 years, and SpaceX could become a similar long-term value asset. He believes that future commercial activities on the moon, orbital data centers, and space infrastructure may become the next generation of economic growth drivers.

At the CNBC Investor Club conference, Kramer further stated, "If it were my child, I would hold this stock," and called SpaceX founder Elon Musk a visionary entrepreneur.

However, Cramer did not advise investors to immediately buy SpaceX stock in large quantities. He previously warned that the increased supply of shares in the short term could depress prices. With the lifting of the lock-up period on August 6, approximately 911.5 million SpaceX shares became tradable, increasing the number of outstanding shares from approximately 639 million to 1.55 billion, adding more than $100 billion in new tradable shares to the market.

SpaceX's stock price has fallen for five consecutive weeks, and dropped 13.61% in a single day after releasing its first quarterly earnings report since its IPO. This followed concerns that the company's capital expenditures exceeded Wall Street expectations by more than $5 billion.

Kramer's core rationale for long-term optimism includes:

Starlink satellite internet service: It has become SpaceX's main source of revenue, covering more than 160 markets and having approximately 12 million users;

AI computing infrastructure: SpaceX plans to leverage its data centers and computing resources to participate in the AI computing market;

Starship and commercial launch services: can reduce the cost of accessing space through reusable technologies;

Orbital data centers: These utilize space-based solar energy resources and environmental advantages to build computing infrastructure, but they are still in the early stages.

Lunar Commercial Ecosystem: As a partner in NASA's Artemis lunar landing program, SpaceX may be involved in the construction of future lunar infrastructure.

Claymer believes that SpaceX's long-term value lies in its potential to build the space economy infrastructure for the next few decades, but investors should still pay attention to short-term stock price volatility and valuation pressures.