ATH (ATH)

Hotlist Tokens Accumulating Gm legends, Here are the top token accumulating by smart money in the past 24hrs $ATH $47.13K $HOUSE $31.85K $META $30.72K $BIBI $29.10K $MIRA $10.40K $MARCUS $8.29K $FOURONFOUR $5.11K $FUKU $4.57K $MEEGSSTR $3.97K $ADS $3.47K Which token are you buying? Source: @nansen_ai

$ATH TEAM WALLET ON THE MOVE 1 hour ago, the team wallet transferred $768K worth of $ATH to Bybit. This is the second month in a row with similar outflows from the same wallet The wallet still holds approximately $3M in tokens Wallet: 0x4E32102Ad4638De3198446F990713Af15C200f6A https://t.co/gGjWhW94RU

In a market where both liquidity and attention are scarce, no matter how clever the mechanism design, it cannot be discovered. Since the tweet, ATH price moved from 0.5 to 0.16, and DAT POAI dropped from a high of 15 to 6. At a glance, the past two months have been unsuccessful; the flywheel needs price volatility to trigger it. From a fundamentals perspective, ATH is still operating, still a protocol with 30‑day revenue of $1.5 M, and enterprise clients remain. From the external environment, GPU compute power remains in short supply in the AI world; power and compute shortages persist, and even the major narrative in US equities this year is that Bitcoin mining farms are massively transitioning to AI data centers. The GPUs and compute power owned by ATH remain quality assets. Projecting forward, during a down‑cycle, revenue from enterprise clients' leasing business will be paid in ATH tokens and injected into the DAT listed company. The tokens will be locked at low market cap, awaiting a rebound in the token‑side secondary market; the price anchoring will provide DAT with higher revenue expectations and support its stock price. The team will soon disclose the DAT company's address to increase model transparency. This will also allow a direct view of how they are performing, what the expected token lock‑up situation is, and thus infer whether we are in a bottoming phase.

Previously I wrote that I'm not very optimistic about the decentralized compute power track, mainly because even though there is a price advantage, commercial-grade SLA is hard to guarantee in a decentralized setting. However, the relatively okay player in this track is @AethirCloud; before they sold the node at that time, I had a detailed chat with the team. The reason it's relatively okay is mainly two reasons: 1. Many of Aethir's GPUs are idle GPUs in small-to-medium data centers, which are far more stable than individual users' gaming GPUs. 2. The node they sold back then was a node similar to a Check Ping and status monitoring node, intended to confirm that the “working GPU node” stays online and meets performance standards at all times. These two features aim for commercial-grade SLA, so it’s acceptable. Interestingly, Aethir's DAT works like this: if it runs well, it’s a flywheel; if not, it’s a stuck gear. But regardless, it's different from the MSTR model. It uses POAI, a Web2 company that receives compute orders, and Aethir is POAI's sole compute provider. When orders come, there's demand for ATH, they earn money and then BuyBack ATH, effectively binding the ATH token to GPU resources. However, it’s not a simple 1:1 mapping/conversion of GPU resources you might see on X; the ratio depends on how the flywheel turns—i.e., how much compute order demand POAI can bring. In an era where GPUs are becoming strategic assets for the next 10 years, this kind of DAT, if it gains traction, is still more reliable than many DATs that merely buy and hoard tokens.

NEW $ATH WITHDRAWALS FROM TEAM WALLETS Less than 30 minutes ago, $1.4M worth of $ATH was withdrawn to Bybit Just yesterday, this wallet received $30.3M worth of $ATH, and today the outflows have already started The wallet is currently holding $27.3M worth of tokens Wallet: 0x33548D42aFA567dBa29E0DA665D295E232166a43

$ATH VESTING WALLET WITHDRAWALS 1 hour ago, almost $400K worth of $ATH was withdrawn from the vesting wallet to another wallet that has been sending tokens to Bybit for the second month in a row 30 minutes ago, the tokens were already transferred to the exchange The vesting wallet frequently sends large amounts to various wallets, as $ATH unlocks occur daily Vesting wallet: 0xA02ba54a0F9840BD286dDF1b4A9c5dE08d8D8bBE Wallet used for exchange withdrawals: 0x4B3824E9E24FaaccD06Ed714a1a1764e2c1D8Ec3

🔥 UPDATE: Decentralized GPU provider Aethir hit $39.8M in Q3 revenue and $147M+ ARR. Aethir also reports 435K+ GPU containers and 1.4B AI compute hours, making it a leader in DePIN computing. https://t.co/MvNIT0UZLM

Wu said that the decentralized GPU cloud platform Aethir disclosed its latest performance, with Q3 2025 revenue of $39.8 million and ARR surpassing $147 million. Its network has deployed over 435,000 enterprise-grade GPU containers (including H100, B200, etc.), delivering more than 1.4 billion compute hours, with customers covering AI firms such as Kluster and Attentions. In October, Aethir completed a $344 million ATH private placement and launched a Digital Asset Treasury (DAT), now holding 5.7 billion ATH, and plans to repurchase tokens using compute income to build a positive ecosystem loop. https://t.co/n1ItGAvFuY

$ATH VESTING TOKENS MOVING AGAIN 1 hour ago, $ATH tokens worth $897K were withdrawn from the vesting wallet and sent to the OKX exchange This has been happening consistently for the past 2 months, around the 20th of each month, with similar amounts being moved It’s worth monitoring this wallet for large token outflows The wallet still holds $115M worth of tokens Vesting wallet: 0xA02ba54a0F9840BD286dDF1b4A9c5dE08d8D8bBE