News linked to this event type.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), whale address "0x2117" suffered four consecutive partial BTC short liquidations in the past 24 hours, totaling 97.99 BTC (approximately $6.18 million) liquidated, with a cumulative realized loss of $298,750. Despite multiple liquidations, the trader still holds a 40x short position of 67.98 BTC (approximately $4.26 million), with a current unrealized loss of $179,220, and is only $902 away from the liquidation price, posing extremely high risk.
according to Onchain Lens monitoring, a wstETH whale withdrew 4,942 ETH, worth $8.83 million, from Binance and immediately staked it through Lido, receiving 3,990 wstETH. Over the past 24 hours, the same whale also withdrew 211.5 WBTC, worth $13.25 million, from Binance. Currently, the total amount withdrawn reaches $22.08 million, with the ETH having gone directly into staking.
Coinbase released a monthly review on July 1, stating that in the first half of the year, it advanced its product layout around the strategy of "every asset, every market, one platform," covering tokenized stocks, pre-IPO perpetual contracts, stock options, crypto options, stock index perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase stated that the tokenized stocks are 1:1 backed shares of US companies, expected to include dividends, on-chain trading, holding, and redemption functions, and are not available to US persons. Coinbase also noted that its pre-IPO perpetual contracts will start with SpaceX and then expand to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the companies with the highest level of AI application globally. Coinbase also stated that it has launched a direct INR on-ramp in India, become the official deployer of the USDC treasury wallet for Hyperliquid, partnered with Ethena across over $50 billion in assets, and mentioned transferring approximately $4.4 billion USDC to the Hyperliquid deployer. (Bitcoin.com News).
according to monitoring by Coinspect Security, by analyzing crypto wallet seeds generated using insecure code since 2018, it was discovered that thousands of seeds have been used in practice. In the past month alone, $3.14 million in suspected stolen funds was identified in related wallets. Coinspect Security stated that some funds exhibited patterns of being consolidated into a single address and money laundering. One affected address transferred out another $2 million just hours after the alert was issued, and it remains unclear whether this was part of the theft. Additionally, Coinspect Security issued a special warning to the Chinese-speaking community, indicating that many users whose assets may still be at risk are likely located in China.
据链上分析师余烬（@EmberCN）监测，一鲸鱼地址自7月1日起持续从 Binance 提取 ETH 及 WBTC 建仓，今日再度提出 4,942 枚 ETH（约883万美元）及 111.5 枚 WBTC（约701万美元）。4天累计囤积 24,694 枚 ETH（约4026万美元）及 211.5 枚 WBTC（约1325万美元），当前浮盈已达 361 万美元。
CryptoQuant has indicated that the amount of Bitcoin deposited into centralized exchanges last week rose to nearly 50,000 BTC per day, marking the fourth time this year it has reached that level. The report states that this increase coincides with Bitcoin testing the key support level of $60,000. If it breaks below this level, Bitcoin could move toward the realized price of $53,000. During the same period, the average Bitcoin deposit size roughly doubled from 1 BTC to 2 BTC, with CryptoQuant attributing this growth to whales and institutions rather than retail investors. Ethereum's daily inflow peaked at 1.25 million ETH, and the number of deposit transactions for other altcoins also rose to over 45,000 per day. Bitcoin is up 3.5% this week, trading at $62,886, more than 50% below its all-time high of $126,080 from October; Ethereum is up nearly 12% this week, trading at $1,787, approximately 64% below its all-time high of $4,946. (Decrypt).
according to on-chain analyst Ai Yi's monitoring, the unlucky address that "lost 4 long positions in a row and then switched to short 22,000 ETH" cut its losses an hour and a half ago. The opening price was $1,613 and the exit price was $1,772, losing $3.5 million in three days, achieving five consecutive losses.
According to on-chain analyst Ai Yi's monitoring, the new address 0x268…47643 withdrew another 61.35 WBTC half an hour ago. Since June 30, it has accumulated a total of 19,725.38 ETH and 161.35 WBTC, with a total value of $41.5 million. Having entered positions at market lows, it now shows an unrealized profit of $3.59 million.
Odaily Odaily News According to Lookonchian monitoring, trader 0xe8be opened a 4x leveraged long position on ANSEM, with a position size of approximately 619,853 $ANSEM (approximately $213,000). The position has recorded unrealized gains of approximately $111,000, with a yield of approximately 209.28%, indicating significant leveraged gains from short-term price volatility.
Odaily Odaily News According to on-chain analyst Yu Jin's monitoring, F2Pool co-founder Wang Chun has reduced his position by selling 36,600 ETH and 160 WBTC in batches over the past few days, with an estimated profit of $3.4 million. He had accumulated approximately 70,600 ETH ($117 million) and 966 WBTC ($60.29 million) through bottom-fishing in June.
Odaily Planet Daily reports that digital bank and fintech platform Revolut has notified some users that it will officially delist the dollar stablecoin Tether (USDT) after August 31, 2026, and will automatically convert users' remaining holdings into their base fiat currency at the exchange rate of that day.According to the official notice, Revolut will suspend USDT purchase services starting July 6, and will halt USDT deposits after July 30, at which point any incoming USDT transfers will be directly rejected.If users have not sold or withdrawn their USDT by the end of August, their holdings will be automatically converted by the system into the account's base currency. The company attributes this adjustment to "regulatory and risk-related considerations," but has not specified the exact regulatory framework triggering the move.This move reflects the trend of fintech platforms continuously tightening the scope of access to related assets amid the changing global regulatory environment for stablecoins. Previously, trading platforms including Coinbase have delisted USDT in the European market to comply with the EU's MiCA regulatory framework.Currently, Revolut has not clarified whether this policy applies to all regions, but the company has obtained an EU Crypto Asset Service Provider (CASP) license, indicating it is strengthening its compliance-oriented product structure adjustments. (Cointelegraph)
according to on-chain analyst Ember CN's monitoring, HYPE has rebounded from $60 back above $70 in recent days. About an hour ago, a whale withdrew 212,500 HYPE ($15 million) from Morpho and then transferred the entire amount to Coinbase.
According to on-chain analyst Ember's monitoring, amidst the ongoing correction in the crypto market, the total market capitalization of USD stablecoins has decreased by approximately $10 billion from its recent peak, currently maintaining a total scale of around $300 billion. Meanwhile, some funds are believed to have flowed into the US stock market, which has exhibited stronger wealth effects this year.The latest quarterly data reveals varying degrees of capital outflow among leading stablecoins:Tether (USDT): Total supply decreased from approximately $189.8 billion to $184.1 billion, a net outflow of about $5.7 billion.USD Coin (USDC): Total supply decreased from approximately $79.6 billion to $73 billion, a net outflow of about $6.6 billion, making it the stablecoin with the largest outflow in this round.Tokens associated with USDC issuer Circle are also under pressure, with its stock price declining from around $136 to near $64, indicating a cooling of market expectations for its growth.In contrast, the stablecoin USD1 recorded a net inflow of approximately $500 million during the same period, with its total supply growing from about $4.1 billion to $4.6 billion, becoming one of the few assets to increase against the trend. However, this growth is partly attributed to interest subsidy incentive mechanisms on trading platforms, such as activities on certain exchanges that guide user holdings and trading behavior.
decentralized privacy protocol hinkal has released an update on a security incident, confirming that an attacker extracted approximately 797,000 USDC from its Ethereum contract through a series of transactions and exchanged it for about 454 ETH. Of this, roughly 410 ETH was subsequently transferred to Tornado Cash, while the remaining approximately 44.67 ETH was bridged to the Bitcoin network via THORChain. hinkal is currently collaborating with an external security team to trace the flow of funds.hinkal stated that the impact of this security incident is limited to the relevant fund pools on the Ethereum chain, and contracts on other chains remain unaffected. However, all contracts have been temporarily suspended for fixes and security verification. All affected users will be fully compensated at a 1:1 ratio, with specific compensation procedures and timelines to be announced in a subsequent update.
Odaily News, CryptoQuant analyst Darkfost stated on platform X that currently, active Bitcoin investors are floating at a loss of about 20% on average, and market sentiment is in a "devaluation" phase, but has not yet reached the deep pressure levels typical of historical bear markets.Darkfost pointed out that the True Market Mean (TMM) is currently around $76,700. This indicator reflects the average cost basis of active circulating BTC supply (excluding coins that have been dormant for a long time, potentially lost, or illiquid). Historically, this level acted as a significant resistance zone in May, where some investors chose to exit the market without incurring losses or with minor losses. Meanwhile, the AVIV Ratio (Active Value to Investor Value) is currently around 0.8, meaning active investors are down approximately 20% from their cost basis. In contrast, during historical bear markets, this indicator typically drops to 0.5–0.6, corresponding to a deeper drawdown of about 40%–50%.Analysis suggests that in this cycle, the entry of institutional funds and ETFs has not changed Bitcoin's cyclical nature; the market continues to operate within its own structural framework. Although significant devaluation pressure is already evident, it may not necessarily need to fall to historical bear market extreme levels to trigger a rebound. Overall, cautious judgment regarding cyclical fluctuations remains necessary.
the Shanghai Baoshan District Procuratorate disclosed a case yesterday. The defendant, Huang, illegally crossed the border to participate in telecom fraud activities abroad, inducing victims to invest in virtual currencies. After the dissolution of the Myawaddy compound in Myanmar, he continued to engage in "pig-butchering" scam fraud. By using methods such as AI face-swapping and communicating through foreign models, he gained victims' trust and then guided them to participate in cryptocurrency investments. Subsequently, a team leader would take over, tricking the victims into registering, depositing, and investing on fake websites. He was ultimately sentenced by the court to two years and six months in prison for fraud, and fined 30,000 Chinese yuan. (CCTV News)
According to Onchain Lens monitoring, the UXLINK hacker swapped $10.54 million in DAI for 6,001 ETH at an average price of $1,757, and subsequently transferred the funds to Tornado Cash.
CryptoQuant data shows Bitcoin has exhibited a clear "diminishing capital efficiency" characteristic across its historical bull and bear cycles. As the asset's scale expands, the price increase generated per unit of new capital continues to decline:In the 2011 cycle, approximately $2.8 billion in net inflows drove Bitcoin up by roughly 55,000%;In the 2015 cycle, approximately $69 billion corresponded to a roughly 10,000% gain;In the 2018 cycle, approximately $365 billion corresponded to a roughly 2,000% gain;In the current cycle starting from 2022, approximately $697 billion in capital has been attracted, but the gain is about 689%.The data is based on "Realized Capitalization," which values coins based on their price at their last movement, serving as an approximate measure of actual capital inflows. CryptoQuant founder Ki Young Ju stated that for Bitcoin to experience another parabolic rally, it may require over $1 trillion in new capital inflows, further solidifying its status as a macro asset rather than just an ETF-driven trading asset.Ki Young Ju also noted that U.S. spot Bitcoin ETFs have recently seen net capital outflows, indicating that market structural demand is still in a transitional phase. Analysis suggests this trend reflects the natural decline in Bitcoin's marginal returns as its market capitalization expands. Unless larger-scale institutional capital steps in, achieving the high-multiple growth seen in earlier cycles will be difficult. (CoinDesk)
CryptoQuant analyst Axel Adler posted on platform X, stating that Bitcoin has begun to enter the later stage of the bear market cycle, with the ETF sector releasing its first signal of easing pressure. In the latest trading session, U.S. spot Bitcoin ETFs recorded net inflows of $223 million, with the majority of funds flowing into Fidelity's FBTC ($166 million) and ARK Invest's ARKB ($91.8 million).
According to data, in the first half of the year, Korean investors invested a total of $2.819 billion to snap up Chinese assets through both individual stocks and ETFs: A-share purchases surged by 130.55% year-on-year, with NAURA Technology Group and Cambricon Technologies leading the buying spree. In Hong Kong stocks, Semiconductor Manufacturing International Corporation (SMIC) and MiniMax saw the highest purchase volumes. A Standard Chartered Bank analyst stated bluntly that overseas capital's attitude towards Chinese assets "has fundamentally changed." Among them, semiconductor equipment company NAURA Technology Group topped the purchase list at approximately $33.94 million, followed by Cambricon Technologies ($27.28 million), with Contemporary Amperex Technology Co., Limited (CATL) ($12.54 million) ranking third.Beyond semiconductors, Korean capital is also spreading to a broader range of computing infrastructure, including servers, data centers, and power and network support. (National Business Daily)