Marketing/Whale

Jupiter Strategic Reserve Trust has accumulated purchases of 145 million JUP, valued at approximately $34.8 million

Jupiter Litterbox Trust, the strategic reserve trust fund of Jupiter, added 186,546 JUP yesterday, valued at approximately $45,000. This month, it has purchased a total of 1,226,119 JUP, worth about $300,000. As of now, its total purchase volume stands at 145,028,229 JUP, valued at approximately $34.8 million. Jupiter Litterbox Trust is Jupiter's official on-chain treasury fund, which automatically receives 50% of Jupiter protocol revenue and continuously buys and holds JUP tokens in the open market through smart contracts.

A whale has purchased 178,000 SOL and 10.32 million JUP within 3 days, worth $19.48 million

According to Lookonchain monitoring, a whale has once again bought 73,253 SOL, worth $7.12 million, and 2.5 million JUP, worth $620,500. Over the past three days, the whale has accumulated a total of 177,913 SOL, worth $16.92 million, and 10.32 million JUP, worth $2.56 million.

Castle Labs: The crypto market is shifting from “gambling” to “investment”; revenue generation and value returns will become the core competitiveness of tokens.

Castle Labs (@castle_labs) published a post stating that the current crypto market is undergoing a profound paradigm shift—speculative models prioritizing extraction are gradually giving way to investment logic oriented toward revenue generation. The article notes that since 2026, the broader crypto market has performed poorly: most assets have seen sustained price declines, ETF funds have continued flowing out, project shutdowns have intensified, and institutional VC investments have grown increasingly conservative. The key catalysts for this shift were last October’s large-scale liquidation event and the ongoing market reflection triggered by gold consistently outperforming Bitcoin. On the revenue data front, among the roughly 5,700 protocols tracked by DeFiLlama, only 3.5% generated over $100,000 in revenue over the past 30 days—and fewer than 1% actually distributed earnings to token holders. The article focuses on top revenue-generating protocols—including Hyperliquid (HYPE), Pumpdotfun (PUMP), Tron (TRON), Sky (SKY), Jupiter (JUP), Aave (AAVE), and Aerodrome (AERO)—analyzing their price-to-sales ratios (P/S) and token holder return metrics. It argues that protocol revenue—and its capacity to feed value back to token holders—is becoming the core metric investors use to evaluate and select projects. Regarding institutionalization trends, traditional financial giants—including NYSE, Robinhood, BlackRock, and Franklin Templeton—