News linked to this event type.
Odaily News: According to on-chain analyst Ai Yi's monitoring, an address opened a long position on SOL with $2.63 million in margin and 20x leverage, at an average entry price of $79.32. After holding for 18 days, it has generated $11.63 million in profit. Despite SOL breaking above $100, the address has still not taken profits.
Odaily News: According to on-chain analyst Ember's monitoring, after purchasing $24 million worth of HYPE at $68.7 in June, the largest HYPE holder suspected to be associated with a16z has once again bought and staked HYPE. Within the past day, the entity deposited 36 million USDC into Hyperliquid through 12 addresses to purchase HYPE. So far, it has used 24 million USDC to buy 282,090 HYPE at an average price of $81.5. The entity currently holds and stakes a total of 4.679 million HYPE, valued at $381 million, with an average price of approximately $65.6, resulting in a profit of $74.4 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale address 0x6436 has been continuously accumulating HYPE over the past two days, purchasing a total of 387,952 HYPE worth approximately $31.5 million across platforms including Hyperliquid, OKX, Bybit, and Gate.
Odaily News, according to on-chain analyst Ai Yi's monitoring, an address 0x604…0b21d shorted $45.17 million worth of BTC between 08.24 and 08.25, exiting with a loss of $831,000. Early this morning, the address switched to opening a 12x long position on 554.71 BTC, valued at approximately $43.72 million, making it the eighth-largest BTC position on Hyperliquid, with an entry price of $80,140.6 and an unrealized loss of $748,000.
According to on-chain analyst Ai Yi (@ai_9684xtpa), an address suspected of being affiliated with venture capital firm Hack VC (0x2a5…590CF) transferred 21.85 million ENA tokens to Wintermute's deposit address approximately 4 hours ago via multiple intermediary transfers, amounting to approximately $3 million at current prices.
According to monitoring by on-chain analytics platform Lookonchain (@lookonchain), a US government-linked wallet holding seized FTX/Alameda funds transferred out 24.41 BTC approximately five hours ago, valued at roughly $1.92 million at the time.
Tracking progress on Middle East conflicts, shipping through the Strait of Hormuz, and US-Iran diplomatic maneuvering. Trump stated that 10 million barrels of oil flowed through the strait yesterday. The US does not currently plan new military strikes against Iran, as multiple countries work to ease tensions through diplomatic channels.
NVIDIA announced better-than-expected second-quarter earnings after hours and, unusually, issued advance fiscal-year performance guidance. The company projects FY2028 revenue to increase by roughly 70%, significantly surpassing analysts’ expectations of 44%, with actual growth likely to be even higher given ongoing supply constraints.
NVIDIA expects third-quarter revenue to reach $108 billion, exceeding the average analyst estimate but falling short of some market forecasts. Following the earnings report, its stock dipped approximately 2% in after-hours trading, sparking market concerns over the pace of AI capital expenditure growth and the potential for an industry bubble.
Odaily News - U.S. mortgage lender Better Mortgage and cryptocurrency exchange Coinbase have announced the launch of a bitcoin-backed mortgage product that allows U.S. homebuyers to use BTC as collateral for their down payment loan, eliminating the need to sell their bitcoin holdings. The product is now officially open for applications.The product consists of a Fannie Mae-backed mortgage paired with a separate down payment loan. Borrowers are required to pledge BTC valued at least 250% of the down payment loan amount, with the collateral transferred to Better's custody account on Coinbase Prime. Both loans carry the same interest rate and amortization period, and are repaid through a single monthly payment.A decline in the bitcoin price will not independently trigger a margin call or alter the mortgage terms, but if a borrower falls 60 days or more behind on payments, Better may liquidate the pledged BTC. Applicants must be U.S. residents with a verified Coinbase account, and Coinbase One members can also earn a 1% rebate of up to $10,000, which can be applied toward closing costs and fees. (Cointelegraph)
Odaily News reported that Galaxy Research tracking found that 6 bitcoin wallets, dormant since 2011, 2012, and 2014, transferred a total of 553.59 BTC between August 16 and 26, valued at $40.15 million at the time of transfer. Two of the wallets carry the "Salomon Client Dusted" tag linked to a New York lawsuit involving Noah Doe.One of the transfers involved 40 BTC from a wallet dormant since May 28, 2012, with the funds moved on August 26 to German crypto custodian bank Boerse Stuttgart Digital. Calculated at a cost of approximately $5, the funds appreciated by roughly 1,535,911%.The remaining transfers included 212 BTC, 150 BTC, and 132.31 BTC, originating from wallets inactive since 2012, 2014, and 2011, respectively. The Noah Doe lawsuit seeks to declare 39,069 dormant bitcoin addresses in New York State as lost property. Additionally, several long-term holding addresses moved funds following the July Coldcard hardware wallet vulnerability incident. (Decrypt)
Odaily News Nvidia will release its fiscal 2026 second-quarter earnings after the U.S. market close. According to analyst estimates compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected to reach $92.17 billion.The market expects Nvidia's revenue to nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of artificial intelligence infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, and the company is also involved in advancing the construction of next-generation AI data centers through financing support and other means.However, after nearly three years of significant gains, investor expectations for Nvidia have become more cautious. As of Tuesday's close, Nvidia has risen approximately 14% year-to-date, slightly outperforming the Nasdaq index. Market concerns include competitive pressure from rivals such as AMD and Google, as well as rising costs stemming from the global memory chip shortage.Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers including Microsoft and OpenAI. Investors will focus on sales progress and supply conditions for the Rubin and Blackwell chip families, as well as the company's outlook for future AI computing power demand.Nvidia CEO Jensen Huang has previously stated that he expects the current product cycle based on the Blackwell and Vera Rubin architectures to generate cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5:00 PM ET. (CNBC)
Odaily News: Bloomberg ETF analyst Eric Balchunas stated that this transaction marks only the second acquisition in Vanguard's history. Vanguard has rarely pursued acquisitions in the past, and upon completion of the deal, it will become a custodian and expand its advisory business coverage. Vanguard's advisory fees are lower than the industry average, ranging from 5 to 25 basis points depending on the minimum asset threshold; the vast majority of its clients are existing Vanguard fund investors rather than new external clients. Salim Ramji noted that advisory services are a "luxury" and expressed a desire to broaden the scope of these services to make them accessible to more people.
Odaily News Trader Bonk Guy stated that JUGGERNAUT is currently one of the Meme coins he is closely monitoring within the Robinhood Chain ecosystem, and he believes the token is currently significantly undervalued.Bonk Guy noted that JUGGERNAUT's narrative stems from the "The Juggernaut" Meme frequently used by Robinhood co-founder Vlad Tenev, which holds strong viral potential. JUGGERNAUT previously surged to around $22 million in market cap following CASHCAT's first breakthrough of the $100 million mark, before retreating and consolidating in the $2 million to $4 million range for about a month. However, community activity and trading volume have remained strong.Bonk Guy believes this price action aligns with his criteria for identifying assets "before a major repricing," suggesting JUGGERNAUT could see a more substantial upside in the future.
Odaily News Bitcoin has rebounded strongly recently. Analysts believe that record-breaking short squeeze activity, along with policy signals from U.S. Treasury Secretary Scott Bessent, may be pushing the market into a new phase of bull market cycle adjustment.Data shows that Bitcoin has risen approximately 23% over the past week, marking its largest weekly gain since the post-U.S. election rally in November 2024. Crypto market trading activity has also recovered in tandem, with spot and perpetual contract trading volume surging 188%. CME Bitcoin futures volume rose 152%, and the annualized futures basis climbed to 11.1%—the highest level since January 2025. Additionally, Bitcoin ETF products recorded net inflows of approximately 31,740 BTC over the week, the strongest capital inflow since the market peak in October 2025.Vetle Lunde, Head of Research at crypto research firm K33 Research, stated that the early phase of this rally was primarily driven by short covering. On August 19, Bitcoin short positions saw a single-day liquidation scale of $1.37 billion, a record high, followed by another $739 million in short liquidations on August 21. The massive short squeeze pushed open interest in perpetual contracts down to 284,000 BTC, the lowest level since May, while market funding rates also returned to neutral.On the macro front, policy signals from U.S. Treasury Secretary Scott Bessent regarding increased long-term Treasury buybacks are also viewed by analysts as a market catalyst. K33 believes that the Treasury buyback program could lower long-term interest rates and boost demand for scarce assets. Meanwhile, Bitcoin's correlation with gold has risen, with the 90-day correlation coefficient reaching 0.52—the highest since October 2020—while its correlation with the Nasdaq index has declined to 0.38, a one-year low.Matt Hougan, Chief Investment Officer at crypto investment firm Bitwise Asset Management, believes that Bessent's recent remarks on sanctions against Iran's financial network have further strengthened Bitcoin's investment thesis: as the global financial system becomes increasingly influenced by geopolitics, the value of assets that are decentralized and do not rely on any single nation's financial system may appreciate further. (The Block)
According to CoinDesk, two economists from the Dallas Fed estimate that if tokenized deposits increase depositors' interest rate sensitivity by 10%, U.S. banks' capacity to hold long-term interest rate risk could decline by approximately $700 billion. Another scenario shows that if tokenization causes deposits to leave banks 10% earlier, their ability to absorb interest rate risk on long-term loans and securities could fall by around $580 billion.
Odaily News: According to Lookonchain monitoring, this whale deposited the remaining 6,504 ETH to Binance after holding ETH for over 2 years, with a total loss of $10.58 million.
Odaily News Trader Bonk Guy stated that the market is gradually recognizing the potential of PONS. He noted that PONS currently generates approximately $56 million in annualized revenue, with 80% used for buybacks and burns of PONS; in comparison, Pump.fun generates about $460 million in annualized revenue, with 50% used for buybacks and burns of PUMP, while PUMP is currently valued at approximately $2 billion.Bonk Guy believes that even if PONS were given only 10% of PUMP's valuation, its market cap should reach around $200 million. Additionally, Pons has contributed to roughly half of the on-chain activity on Robinhood Chain, with at least 5 tokens issued through Pons having a market cap exceeding $10 million and at least 20 exceeding $1 million.Regarding the market's recent expectations around Robinhood listings, Bonk Guy stated that as one of the main Meme coin issuance platforms on Robinhood Chain, a future PONS listing on Robinhood is, in his view, "inevitable," and the current rally is not solely driven by listing expectations.
Bernstein analysts expect that, as the "devaluation trade" becomes a macro theme, Bitcoin is poised to rise to $150,000 by mid-2027 under a base case scenario and reach a cyclical peak of approximately $300,000 in 2029. Analysts believe that rising global sovereign debt and interest expenditures may prompt policymakers to lean toward currency devaluation to ease fiscal pressures, thereby enhancing the appeal of scarce assets like Bitcoin.
Jiang Zhuo'er, founder of B.TOP Mining Pool, noted that ETF fund flows hold critical reference value on the first US equity trading day following a sharp rally in the cryptocurrency market. Data reveals BTC ETF inflows reached $314 million, while ETH ETF inflows hit $180 million, indicating that US capital is actively positioning long. The probability of this rally retracing below its initial breakout level of $67,000 is relatively low.