News linked to this event type.
Odaily News: The Kobeissi Letter posted on X platform that in the three days through July 28, hedge funds sold global information technology stocks at the highest pace since records began in 2016. Meanwhile, hedge funds recorded their largest three-day reduction in total stock exposure since November 2022, with selling pressure spreading across all sectors. This unwinding was primarily driven by short covering in macro products such as index futures and ETFs. Additionally, single stocks recorded their fifth-largest three-day selling volume in the past five years. By region, North America accounted for the majority of selling volume, followed by Europe. Hedge funds are significantly reducing their stock exposure.
that, according to Lookonchain monitoring, a whale has been steadily accumulating WBTC and ETH over the past month. In total, the whale purchased 1,050 WBTC at an average price of $64,277, worth $67.49 million, and 66,300 ETH at an average price of $1,758, worth $117 million. The whale's holdings are currently showing a profit of $10.8 million.
according to Onchain Lens monitoring, BlackRock has withdrawn a total of 1,104.45 BTC from Coinbase Prime, valued at approximately $71.4 million, and transferred them to its IBIT Bitcoin ETF wallet.
according to on-chain analyst Ai Yi's monitoring, a trader took a $31 million long position on SKHX after the release of SK Hynix's earnings report, with an entry price of $981.59. During the period, SKHX fell to a low of $897.43, and the trader's position has turned from a floating loss of $3.13 million into a floating profit of $2.01 million.
Odaily News: Bloomberg ETF analyst Eric Balchunas posted on X platform, noting that the inverse correlation of waste management stocks is quite evident today, with DRAM up 13% and WM down 4%. He stated that the problem with a good hedge is that it falls when other assets rise, and expressed uncertainty as to why waste management stocks have become a better diversification tool than bonds.
Odaily reports, according to on-chain analyst Ember Monitoring, the storage sector rebounded tonight, and the largest CXMT short continued to increase its short position. It opened a short position the day before CXMT's IPO and has added to it multiple times. It currently holds a CXMT short position worth $22.26 million, with an unrealized loss of $4.06 million.
During the 11th year of Ethereum, the Ethereum Foundation underwent organizational restructuring, including leadership departures, layoffs, the introduction of a new CROPS mandate, and the spin-off of EthLabs, Ethereum Systems, and Ethereum Institutional as independent entities. The Ethereum Foundation seeks to further decentralize its role within the ecosystem. Concurrently, Ethereum continued to advance its technology and institutional adoption, launching the Fusaka upgrade and attracting participation from Wall Street institutions such as BlackRock and JPMorgan; cumulative inflows into US spot Ethereum ETFs have exceeded $11.23 billion.
Bloomberg ETF analyst Eric Balchunas posted on X, stating that bonds have once again failed to hedge against stock declines. Since SPY retreated from its June highs, AGG, TLT, and LQD have all fallen. Although the time window is relatively short, it somewhat resembles the situation in 2022. He noted that many people have long relied on the 40% bond portion of the 40/60 portfolio to hedge against the 60% equity portion, which is also the reason behind the significant inflows into money market mutual funds and buffer ETFs.He further stated that this is not to say bonds will never hedge against stocks in the end, but their recent track record is less than ideal. The Fed's long-term rate cuts once pushed both bonds and stocks higher simultaneously. In 2022, when rates were unexpectedly hiked, both fell in tandem. Recently, rising crude oil prices have fueled inflation concerns, leading to a similar scenario once again.
According to on-chain analysis platform Lookonchain, a newly created wallet address withdrew 1,250 BTC from Binance, worth approximately $80.94 million at the time.
On-chain analysis platform Bubblemaps stated that PIPEDOG's trading activity has surged rapidly in recent days, with trading volume once exceeding the popular meme coin $CASHCAT in the Robinhood ecosystem, and briefly surpassing it in market cap.
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
Odaily reports, according to HyperliquidNews monitoring, a whale recently transferred $7.29 million from Ostium to Hyperliquid and then opened 10,124 long positions on the S&P 500, worth approximately $74.33 million. This position currently accounts for 13.03% of the market's open interest.
According to Bloomberg, Dutch semiconductor equipment manufacturer ASM International NV issued third-quarter revenue guidance, expecting quarterly revenue ending in September (at constant exchange rates) to reach 1.1 billion euros (approximately 1.3 billion US dollars), plus or minus 5%, higher than the analysts' average expectation of 1.04 billion euros. However, although the guidance exceeded market expectations, the company's stock performance remained flat, failing to elicit a positive response from investors. Analysts pointed out that this reflects that current market expectations for beneficiaries of the AI computing power investment boom have risen significantly, and simply "beating expectations" is no longer sufficient to boost market sentiment.
the Binance Futures real-money smart money account "ESP bull" has topped the loss list, with losses exceeding $2.4 million. Floating losses from a BTC long position are $4.05 million, a CTSI long position is $2.16 million, an ON short position is $1.07 million, a US short position is $809,000, and an ACX long position is $805,000.
Odaily reports, according to Lookonchain monitoring, a whale deposited 625 BTC (worth $39.96 million) into FalconX after being dormant for over a year, potentially preparing to sell. The whale held BTC for over a year and has incurred losses exceeding $20 million.
According to TechFlow Research, Goldman Sachs' research report on July 29 pointed out that the 5-year historical percentile of the total leverage ratio of global accounts remains at the 93rd percentile, the hedge fund long-short ratio has decreased from 5.7 times to 3.2 times, and deleveraging progress exceeds 90%. In July, net inflows into US stock funds were $34 billion, marking the third highest level for the same period in nearly 20 years. The S&P 500 fell below the short-term trigger level of 7,453 points; if it continues to decline, it will trigger concentrated CTA selling. Goldman Sachs estimates that systematic strategies hold approximately $196.3 billion in US stock long positions, with CTA positions at the 44th percentile. Goldman Sachs judges that US stocks are unlikely to have a trending market in August, with overall performance dominated by range-bound oscillation. Buybacks are the most certain buying support in August; currently, about 31% of S&P 500 constituents are in the buyback window, and it is expected that over 90% of companies will end the quiet period by mid-August. However, seasonal capital outflows, quantitative selling, and conservative institutional positions jointly suppress upward space. Goldman Sachs recommends reverse dispersion strategies and IWM put options as hedging tools.
According to data from Trader T (@thepfund), Ethereum spot ETFs saw a net outflow of $18.6 million yesterday. Breaking down by product, Morgan Stanley's new product MSSE recorded a net inflow of $14.3 million on its first day, and BlackRock's ETHA had a net inflow of $5.2 million; Fidelity's FETH saw a net outflow of $16.1 million, Grayscale's ETHE had a net outflow of $9.7 million, Grayscale Mini ETH had a net outflow of $8.1 million, 21Shares' TETH had a net outflow of $2.8 million, and Bitwise's ETHW had a net outflow of $1.4 million.
The Situational Awareness fund, managed by "AI Stock God" Leopold Aschenbrenner, accumulated a gain of 439% before June 2026. However, it suffered severe setbacks during the AI sector sell-off in July. The fund is currently communicating with existing investors and lenders to seek new capital and is offering some LPs the opportunity to purchase assets from its portfolio.Sources say this capital discussion appears more like an ad-hoc response than an organized new fundraising round. The fund had previously used leverage through prime brokers at several major investment banks to amplify its AI trading exposure, turning market drawdowns further into funding pressure.In a letter to investors on July 24, Aschenbrenner acknowledged that the fund failed to avoid this market shock, noting that Asian markets were particularly affected. However, he believes this sell-off could present the best buying opportunity since early 2025. He plans to open a window for new capital on August 1st and views Anthropic's potential IPO as a catalyst for the second half of the year.According to disclosures, some holdings saw significant declines in July. Oracle and AMD fell approximately 20% for the month, while Nebius, Saronic AI, Bloom Energy, Sandisk, and others saw even larger drops. The Nasdaq 100 index fell about 10% in July, and South Korea's Kospi index dropped by roughly one-third.Currently, lacking specific data on the fund's exact drawdown magnitude, it is difficult to determine whether this fundraising is a passive capital injection driven by leverage pressure or an active move to increase positions for an opportunity. However, market trends suggest it is closer to the former. If forced selling occurs, the deleveraging process could also create discount opportunities in assets whose fundamentals haven't materially changed.
据 Trader T（@thepfund）数据，昨日比特币现货 ETF 净流入 3210 万美元。分产品来看，贝莱德（BlackRock）旗下 IBIT 净流入 8980 万美元，为当日最大买入方；富达（Fidelity）旗下 FBTC 净流出 4308 万美元；方舟（Ark）旗下 ARKB 净流出 1462 万美元；Bitwise、Invesco、Franklin、Valkyrie、VanEck、Morgan Stanley、WisdomTree及 Grayscale 旗下各产品当日净流量均为零。
According to on-chain analyst Emmett Gallic (@emmettgallic), addresses associated with Bitminter founder Geir Harald Hansen recently transferred 829 BTC, some of which had not moved for over 8 years. Bitminter is one of the earliest Bitcoin mining pools; at its peak, its hashrate accounted for nearly 10% of the total network, having cumulatively mined 208,232 BTC.