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Analyst: Bitcoin has been below the break-even line for six consecutive weeks, reversal not yet confirmed

The key to the subsequent trend still lies in whether it can return above the break-even point; if a breakthrough is achieved, the market condition may shift; if it hits a new low, the extent of losses may deepen further.

ZachXBT: An entity transferred 47.9 million LAB from Bitget, briefly causing the price to drop another 35%

According to on-chain analyst ZachXBT (@zachxbt), the LAB token has been under continuous selling pressure since July 8, with the price plummeting from $14 (FDV approximately $14 billion) to the current range of around $0.27, representing a cumulative drop of over 96%. On-chain data shows that an entity initially funded by the LAB team had previously deposited 18.4 million LAB (approximately $18.3 million) into Aster and continued selling on DEXs, causing the price to fall further from $1.2 to $0.55. On July 13, the entity withdrew 17.9 million LAB (approximately $7.2 million) from Bitget and transferred them to Kucoin address 0xad768f...FD23, after which 5 million were withdrawn to an external address for continued selling. On July 14, another 30 million LAB (approximately $8.3 million) were transferred from the Bitget hot wallet to another Kucoin deposit address 0xbE8De...22B84, with the transaction hash being 0x95f0fb...d3df.

MGBX will list SKHYB (SK Hynix) and ANSEM (The Black Bull) for spot trading

, according to official sources, MGBX will list the spot trading pairs SKHYB (SK Hynix) and ANSEM (The Black Bull) at 18:00 (SGT) on July 14, 2026.Deposit Opening Time: 16:00 (SGT) on July 14, 2026Trading Opening Time: 18:00 (SGT) on July 14, 2026Withdrawal Opening Time: 19:00 (SGT) on July 15, 2026SKHYB: SKHYB is a tokenized bStock representing SK Hynix, one of the world's leading semiconductor companies, primarily producing DRAM and NAND flash memory chips used in servers, smartphones, personal computers, and AI-related devices.ANSEM: $ANSEM (The Black Bull) is a community-driven meme coin based on the Solana blockchain.

Binance will perform wallet maintenance on the Ethereum network on July 16 at 14:00.

According to the official announcement, Binance will conduct wallet maintenance on the Ethereum network (ETH) at 14:00 on July 16. To support this maintenance, Binance will suspend deposit and withdrawal services for the Ethereum network at 13:55 on July 16. The maintenance is expected to take 1 hour, and deposit and withdrawal services will automatically resume after the maintenance is completed.

A whale splurged 519 ETH to scoop up 6.12 million CASHCAT, with a single purchase worth nearly $930,000.

According to on-chain analysis platform Lookonchain (@lookonchain), a whale address spent 519 $ETH (approximately $925,000) 5 hours ago to purchase 6.12 million $CASHCAT in a single transaction.

Yesterday Ethereum Spot ETF Net Outflow Was $15.34 Million

According to data from Trader T (@thepfund), Ethereum spot ETFs saw a net outflow of $15.34 million yesterday. Major outflows: • $FETH (Fidelity): Outflow of $15.41 million Major inflows: • $ETHB (BlackRock Staked): Inflow of $70,000

Yesterday, Bitcoin Spot ETFs recorded a net outflow of $425 million.

According to data from Trader T (@thepfund), Bitcoin spot ETFs saw a net outflow of $425 million yesterday, marking one of the larger single-day net outflows recently. Major Outflows: • $IBIT (BlackRock): Outflow of $185 million • $FBTC (Fidelity): Outflow of $246 million • $GBTC (Grayscale): Outflow of $53.06 million Major Inflows: • $BTC (Grayscale Mini): Inflow of $53.38 million • $HODL (VanEck): Inflow of $6.14 million Products under Bitwise, Ark, Invesco, Franklin, Valkyrie, Morgan Stanley, WisdomTree, etc. all recorded zero net flow for the day.

A whale that held ETH for 4 years has deposited 9,389 ETH into Coinbase Prime, realizing a loss of $23.8 million.

Odaily Odaily报道 Odaily planet daily news reported According to Lookonchain monitoring, a whale received 9,389 ETH 4 years ago, valued at $40.47 million at the time when the ETH price was $4,311, and has held onto it until now. The current ETH price is $1,777, and these 9,389 ETH are worth $16.69 million. 10 hours ago, the whale deposited all 9,389 ETH into Coinbase Prime.

Binance Futures Smart Money Trader "Yu yu m" Long Position Unrealized Loss of $2.091 Million Tops 3D Loss Leaderboard

Odaily Odaily News According to on-chain analyst Ai Yi's monitoring, Binance Futures smart money trader "Yu yu m" has an unrealized loss of $2.091 million on its long positions, topping the 3D loss leaderboard. It holds 7,462.68 SKHX, worth $11.03 million, with an entry price of $1,477.89, resulting in an unrealized loss of $1.954 million; and holds 25,733.63 SKHY, worth $4.045 million, with an entry price of $157.22, resulting in an unrealized loss of $137,000. Its margin is sufficient, with liquidation prices at $756 and $27.59 respectively, and there is currently no risk of forced liquidation.

A new address withdrew 37,000 ETH from Gemini and staked them into the Eth2 Beacon Chain, worth $65.66 million

Odaily reports: According to on-chain analyst Ai Yi's monitoring, a new address withdrew 37,000 ETH (worth $65.66 million) from Gemini 10 hours ago, and subsequently staked them in batches into the Eth2 Beacon Chain.

Analyst: Meme Coins on Binance Have Faced Over $1.2 Billion in Selling Pressure Since Bitcoin's Peak

CryptoQuant analyst Darkfost stated in a post on X that since Bitcoin reached its all-time high in October 2025, the cumulative net selling pressure on Meme coins listed on Binance has exceeded $1 billion, with a cumulative net trading volume reaching -$1.21 billion.Darkfost noted that this reflects significant selling pressure on high-risk assets within the cryptocurrency market, also indicating that the Meme coin sector has been notably impacted during the market correction. He also reminded investors that this sector carries a higher risk of capital loss.

Whales Aggressively Accumulate ETH, Purchasing Over 200 Million Yuan Within 12 Hours

According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), whales continue to accumulate $ETH. Newly created wallet 0xf31d withdrew 8,239 ETH from multiple exchanges in the past 12 hours, worth approximately $14.5 million; another whale address 0x363A cumulatively bought 11,843 ETH in the past 3 hours, worth approximately $20.8 million. Combined, the two accumulated over 20,000 ETH, worth approximately $35.3 million.

A trader opened a 15x long position on BRENTOIL after cumulative losses of $2.49 million

Odaily News: According to Onchain Lens monitoring, a trader opened a new 15x long position on BRENTOIL after cumulative losses of approximately $2.49 million. After BRENTOIL surged over 7.9%, the trader established a position of approximately $2.6 million. The account equity is around $568,900, with available margin at $0.

A trader's $1.56 million short position on BRENTOIL was fully liquidated, resulting in a realized loss of $38,100.

according to Onchain Lens monitoring, a Hyperliquid trader's approximately $1.56 million short position on BRENTOIL was fully liquidated due to a 7.99% rise in the price of Brent Oil over the past few hours. The total realized loss from the two liquidation transactions was approximately $38,100.

US Government Transfers Nearly $300 Million Worth of BTC and ETH to Coinbase Prime

According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the U.S. government wallet deposited 3,941 BTC (approximately $244 million) and 30,007 ETH (approximately $53.09 million) into Coinbase Prime over the past 8 hours, with a total transfer amount of approximately $297 million.

Mizuho Analyst: Circle's Trust Bank Approval Unlikely to Resolve USDC Market Share Decline Dilemma

According to The Block, Mizuho Bank analysts noted that while Circle's approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank helps enhance its compliance credibility, it is insufficient to resolve current core pressures—the continued shrinkage of USDC market cap and increasingly fierce competition from Open USD—which still constitute a significant drag on $CRCL stock price.

The US government address still holds $20.5 billion in crypto assets, having transferred $297 million worth of BTC and ETH to Coinbase Prime 5 hours ago

According to on-chain analyst Yu Jin monitoring, 5 hours ago, a US government address transferred 3,940.7 BTC and 30,007 ETH to Coinbase Prime, valued at $244 million and $53.09 million respectively, for a total value of $297 million. The US government address currently still holds approximately $20.5 billion in crypto assets, including 325,000 BTC, 145 million USDT, 28,000 ETH, and 62,000 BNB, valued at $20.2 billion, $145 million, $50.35 million, and $35.38 million respectively.

A whale withdrew 30,100 ETH from Coinbase Prime, valued at $52.84 million

Odaily reports, according to Onchain Lens monitoring, a whale withdrew 30,100 ETH (worth $52.84 million) from Coinbase Prime to a new wallet.

A Hyperliquid whale holds nearly $58 million in positions, with 93.2% being net shorts

Odaily reports, according to Onchain Lens monitoring, a Hyperliquid whale holds nearly $58 million in positions, with 93.2% being net shorts. The largest positions include a $13.31 million XYZ100 short, an $11.32 million USOIL short, a $10.03 million UKOIL short, a $3.77 million SP500 short, and a $3.68 million NGAS short. A few hours ago, this whale also opened a $3.43 million SKHX long position, with a historical PnL of a $4.77 million profit.

Opinion: Strategy Goes One Week Without Buying BTC; Analysts Say It Shows Stronger Balance Sheet Discipline

Odaily Strategy sold nearly $467 million worth of MSTR common stock last week but did not increase its Bitcoin holdings. Analysts believe this indicates that the company is implementing its recently proposed Digital Credit Capital Framework and beginning to prioritize strengthening its balance sheet, rather than solely pursuing short-term BTC accumulation.According to the latest filings, Strategy has increased its U.S. dollar cash reserves to $3 billion, while its Bitcoin holdings remain unchanged at 843,775 BTC. Both Benchmark and TD Cowen believe this move strengthens the company's balance sheet and helps boost market confidence in its preferred equity financing model.TD Cowen reiterated its "Buy" rating and $260 price target for Strategy stock, stating that this operation is an early signal of management executing the new capital allocation framework. The firm noted that Strategy's choice to expand dollar reserves and pause Bitcoin purchases demonstrates a greater emphasis on balance sheet discipline rather than maximizing short-term BTC accumulation.Benchmark also maintained its "Buy" rating with a $570 price target. On Monday, Strategy's stock price traded at approximately $91.50, near its long-term low. Overall, analysts believe that amid pressure on preferred equity financing tools like STRC and market focus on dividend coverage capacity, Strategy's increase in cash reserves may help alleviate investor concerns regarding a forced sale of BTC.