News linked to this event type.
According to QCP, BTC surged over 20% last week, peaking around $79,500 on Friday to mark its strongest weekly performance since March 2024. QCP noted that this rally was initially driven by large-scale short covering, followed by expanded demand in the spot market. US spot BTC and ETH ETFs posted combined net inflows of approximately $2.6 billion last week, the highest since October 2025. Among them, BTC ETFs recorded net inflows of roughly $1.92 billion and ETH ETFs saw net inflows of about $697 million, reversing the previous week's combined net outflows of approximately $392 million.
Odaily News: According to Lookonchain monitoring, a whale withdrew 8,474 BNB worth $5.9 million from Binance and deposited it into Venus; subsequently, the whale borrowed $2.6 million USDT from Venus and deposited it back into Binance to purchase more BNB.
Odaily News According to on-chain analyst Ai Yi's monitoring, Hyperliquid's largest LIT short position added $2.5 million in margin today, with a current floating loss of $5.605 million. The short position holds 2.528 million LIT tokens, valued at approximately $8.9 million, with an entry price of $1.3. After LIT was listed on Upbit today, its price surged briefly, prompting the short position to add margin to reduce liquidation risk. Currently, the margin for this single position stands at $7.16 million, with a liquidation price of $5.78.
Odaily News: Bernstein analysts have assigned Circle an “Outperform” rating with a price target of $140, noting that its growth cycle does not depend on the progress of the Clarity Act. The analysts pointed out that USDC supply grew by $1.7 billion over the past week, and the stablecoin trading volume market share continues to expand. (The Block)
CryptoQuant analyst Darkfost stated that the bull-bear market indicator has entered the early bull market phase. Although the indicator is not absolutely reliable, it shows that market conditions have improved significantly, and the trend over the coming weeks warrants close monitoring.
Odaily News, CryptoQuant analyst Axel Adler Jr. stated that as BTC rose from approximately $63,000 to $77,000 over the past 8 days, the proportion of BTC short-term holders (STH) in profit has climbed from 26.1% on August 17 to 74.9%, indicating that the majority of short-term holders have returned to a profitable state.Meanwhile, the net profit/loss indicator for short-term holders flowing to exchanges has turned positive, reaching +28,600 BTC as of August 24, surpassing the +25,000 BTC level. Axel Adler Jr. pointed out that if this indicator continues to stay above +25,000 BTC while BTC's upward momentum begins to slow, the risk of concentrated selling by short-term holders will further increase. Conversely, if the indicator falls back to near zero while BTC's price remains stable, it would suggest that potential selling pressure is easing.
According to Odaily, the ETH/BTC ratio has recently formed a "golden cross," where the 50-day moving average has crossed above the 200-day moving average. Since early June, ETH has consistently outperformed BTC, with the ETH/BTC ratio rising approximately 25% from its June 6 low.Historical data shows that the performance of ETH/BTC following a golden cross has been inconsistent. After the golden cross on July 25, 2025, the ratio rose about 36% over the following four weeks, but subsequently turned downward; following the February 2021 golden cross, it once surged approximately 93%. However, the two golden crosses in May and August 2022 both failed to sustain upward momentum. CoinDesk noted that the golden cross is a lagging indicator based on historical prices and does not necessarily imply that ETH will continue to outperform BTC going forward. (CoinDesk)
Odaily News, Bitwise CEO Hunter Horsley stated that despite the crypto market being in a bear market in the first half of this year, investors still poured over $1.8 billion in net funds into Bitwise's products.Among them, Bitwise's four major business segments—ETF/ETP, private actively managed and Alpha strategies, Staking, and Vaults—each saw inflows exceeding $100 million. The Bitwise team has now grown to over 150 people.
According to on-chain analytics platform Lookonchain (@lookonchain), after depositing 136.5 million USDC into Binance, Ceffu withdrew BTC and ETH worth $264 million. This includes 1,524 BTC (worth $117.9 million) and 59,484 ETH (worth $145.9 million).
According to on-chain analytics platform Lookonchain (@lookonchain), an address has shorted Bitcoin and Ethereum 14 times over the past five days, incurring losses on every trade for a cumulative total of $4.56 million. It has now executed its 15th short, opening a 300 BTC short position with 40x leverage, valued at $23.13 million.
According to Sina Finance, demand for Anthropic's flagship high-priced AI model, Fable5, has stalled. Data analysis by Lamp on the AI spending of 70,000 enterprises shows that over two months since its release, corporate expenditure on this model accounts for only 11% of Anthropic's total model spending. The Financial Times points out that this disruptive shift breaks the industry convention of enterprise users previously prioritizing the most powerful models. Analysts and investors cite the core reasons as Fable5's steep pricing, along with the fact that existing models are already sufficient for most enterprise business needs. If this trend continues, the business model of AI companies investing billions in R&D to train large-parameter, highly complex models may face a fundamental transformation. Miles Clements, a partner at venture capital firm Accel—which invested $1 billion in Anthropic—stated that the vast majority of users do not require cutting-edge large models, and an era of customers blindly chasing top-tier models is unsustainable. He predicts that while breakthrough advances in AI performance are still needed to achieve high-difficulty objectives like disease treatment, premium large models will increasingly degenerate into mere "showcase pieces" for demonstrating technical capabilities. Lamp data indicates that since Anthropic's smaller-parameter but highly capable Opus5 launched in late July, enterprise expenditure on it has already surpassed that of Fable5. Industry insiders revealed that the ChatGPT 5.6 version launched by OpenAI in July, with prices far below...
Odaily News According to on-chain analyst Ai Yi's monitoring, Machi's total losses have narrowed to $25.94 million, down from a peak loss of $34.96 million a week ago. Currently, his four long positions show a floating profit of approximately $1 million: ETH 25x long, holding 30,249.6 ETH, position value of $73.67 million, entry price of $2,378.55, with a floating profit of $1.725 million; BTC 40x long, holding 383 BTC, position value of $29.57 million, entry price of $77,820.4, with a floating loss of $227,000; HYPE 10x long, holding 222,000 HYPE, position value of $17.86 million, entry price of $79.581, with a floating profit of $192,000; PUMP 10x long, holding 2 billion PUMP, position value of $9.96 million, entry price of $0.005225, with a floating loss of $492,000.
According to monitoring by on-chain analyst Ai Yi (@ai 9684xtpa), a whale has accumulated 4,000 ETH over the past week, now sitting on an unrealized profit of $166,000 at an average entry price of $2,399, making it the only asset this address has built a position in.
Odaily News: Cathie Wood recently posted on X discussing the comparison between CRCL and Visa and Mastercard, stating: "Despite CRCL (Circle) rising 84% since its IPO, this one-year chart fully reflects the short-term inefficiency of public equity markets. Many financial services analysts have built their professional reputations by tracking V (Visa) and MA (Mastercard) over the long term, which is why they cannot understand Circle as a disruptor. Since MA and V went public in 2006 and 2008 respectively, both have risen approximately 150-fold and 33-fold, making those analysts who recommended buying on dips back then extremely profitable. However, today, it is the underlying technology—not the playbook these analysts follow—that is disrupting the traditional world order. CRCL should be a core beneficiary of this transformation."
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital is shorting the market, having established a short position of approximately $783 million on Hyperliquid. Meanwhile, Abraxas Capital is heavily hedging via spot purchases, withdrawing 73,872 ETH worth around $173 million from Binance over the past four days.
Odaily News According to on-chain analyst Ember Monitor, the TRUMP token team address (BDNB...mx66) transferred 3.837 million tokens to OKX yesterday, valued at $9.33 million. Since early this morning, the address has sold another 1.1 million tokens by adding unilateral liquidity, receiving 2.94 million USDC at an average selling price of $2.68.
According to monitoring by analyst Ember, "Brother Maji" scaled up his long positions during last week's one-way rally, expanding a $150,000 position to $11.15 million and successfully recouping $11 million. However, his cumulative losses from holding ETH long over the past 10 months still total $35 million, leaving him with a net loss of approximately $24 million following this recovery. Currently, Brother Maji holds $129 million worth of long positions across ETH, BTC, HYPE, PUMP, and other tokens, with an overall leverage ratio of 12x.
According to tracking by on-chain analyst Onchain Lens (@OnchainLens), Wintermute is doubling down on shorts while transferring massive funds to Binance. Wintermute has injected millions of dollars into Hyperliquid, increasing short positions from $146.19 million to $190.77 million, with a current unrealized loss of $5.85 million. Top five short positions: ETH: $53.02 million; BTC: $30.66 million; SOL: $22.62 million; HYPE: $11.43 million; XRP: $10.19 million.
Odaily News: According to HyperliquidNews monitoring, total stablecoin inflows this week have surpassed $668 million, recording the third-highest weekly figure in stablecoin inflow history. The USDC contract address 0xa0b...eb48 on the Ethereum blockchain accounts for 97.98% of the share. AQAv2 will use 90% of the income generated by these USDC inflows to buy back and burn Hyperliquid's native tokens.
: According to on-chain analyst Ember's monitoring, as HYPE broke through $80 and hit a new all-time high, an address's long position in HYPE has been held for 10 months, generating a profit of $57.18 million. The position's value has grown from the initial $53.38 million to $110 million. The long position of 1.38 million HYPE was opened last November at $38.6. During the holding period, funding fees of $4.98 million were paid.