News linked to this event type.
According to Onchain Lens, FalconX has transferred 80,200 HYPE to Gate over the past day, valued at approximately $6.27 million, possibly preparing to sell.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that the altcoin market has recently shown clear signs of recovery, with market structure undergoing changes, and "Altseason" may have entered its early stages. Data shows that from August 19 to 22, the total market cap of altcoins increased by approximately $215 billion, surging over 24% in just 3 days, pushing the total altcoin market cap back above $1 trillion.Darkfost pointed out that mid- and small-cap altcoins have performed the strongest in this rally. Due to their lower circulating market caps, these assets are more sensitive to capital inflows, while also carrying higher two-way volatility risks.Data from the Binance platform further reinforces the signals of an altcoin market recovery. Since last November, approximately 80% to 85% of altcoins have remained below the 200-day moving average (200-DMA), but currently 56% of Binance-listed altcoins have climbed back above this key technical indicator, suggesting the market may be entering a new cyclical phase.Darkfost believes this trend reversal is linked to a series of positive cryptocurrency signals recently released by Trump. On August 19, Trump stated that the U.S. would "massively purchase Bitcoin" and urged Congress to push through the CLARITY Act, while claiming his administration had ended previous unfriendly policies toward the crypto industry. These remarks boosted market sentiment, and against a backdrop of low trading volume and reduced selling pressure, substantial capital began flowing into the altcoin market, driving gains across multiple sectors simultaneously.Darkfost noted that from a historical perspective, the current broad-based altcoin rally is typically viewed as an important signal of the early stage of altseason. However, he also cautioned that the market has entered overbought territory in the short term, and investors should be wary of periodic pullbacks. If the overall upward momentum continues, new investment opportunities may still emerge down the road.
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale who has been cyclically leveraging long positions on ETH and BTC has taken profits on another $7.24 million worth of ETH. The whale deposited 3,000 ETH into Binance 4 hours ago, with an average withdrawal price of $1,776.83 and an average deposit price of $2,413.4. If sold, this would yield a profit of $1.91 million. Since August 19, the whale has deposited a total of 13,887.15 ETH into exchanges, with cumulative profits reaching $6.727 million.
Odaily News Crypto analyst Ali posted on social platform X, stating that the end phases of Bitcoin’s two historical bear markets both exhibited a key characteristic—a sudden, powerful weekly reversal pattern. These “massive bullish candles” often catch the majority of market participants off guard and may serve as a signal for the start of a new bull market. Such moves are typically driven by “short squeezes.” As Bitcoin’s price rises, bearish traders continue to add short positions, but as the rally accelerates, these shorts are forced to cover, further fueling the upward momentum.Historical data shows that in 2019, near the end of Bitcoin’s bear market, a single week saw a 31.98% surge, followed by the onset of a new upward cycle. In January 2023, amid extremely pessimistic market sentiment following the FTX collapse, Bitcoin posted a 24.90% weekly gain, reversing prior bearish expectations.A similar pattern may now be unfolding in the current market. Although many investors, based on the “four-year cycle theory,” anticipated a market bottom in October, Bitcoin has recently rallied from $62,700 to $79,500, a one-week gain of 26.81%. If historical patterns hold, this robust weekly reversal could indicate that Bitcoin (BTC) has already entered the early stages of a new upward cycle.
Odaily News According to on-chain analyst Ai Yi's monitoring, as BTC fell below $76,000, the BTC short position held by the "Set 10 Big Goals First" trader has turned profitable again. Currently, they hold 1,830.724 BTC short positions, with a position value of approximately $139 million and an average opening price of $76,397.56, yielding floating profits of about $800,000.Additionally, they also hold 12,756.739 ETH short positions, with a position value of approximately $30.25 million and an average opening price of $2,371.57. At present, this position is facing floating losses of around $30,000.
Odaily News: According to Onchain Lens monitoring, Wintermute transferred 129,500 SOL to Binance, worth approximately $12.42 million, along with 169.5 BTC worth approximately $13.11 million, likely for sale. Additionally, 407.47 BTC was transferred through an intermediate wallet before being moved to Coinbase, valued at approximately $31.36 million.
According to Onchain Lens monitoring, a whale opened long positions of 1,000 BTC and 10,000 ETH on Hyperliquid approximately 47 days ago. The combined value of both positions currently stands at about $101.35 million, with cumulative unrealized profits of approximately $21.4 million. Of these, the BTC long position holds unrealized profits of about $14.8 million, while the ETH long position holds unrealized profits of about $6.58 million.
Currently, this address still holds approximately 65,000 ETH, worth around $159 million, and 1,000 WBTC, valued at approximately $77.18 million.
Odaily News - The Kobeissi Letter posted on X stating that the Nasdaq 100 ETF (QQQ) has recorded net inflows of $10.9 billion so far in August, more than double the $4.9 billion seen in all of July and surpassing the monthly record of $9.2 billion set in March 2022, potentially marking the highest monthly net inflow in history.Meanwhile, the Semiconductor ETF (SMH) has seen net outflows of $2.8 billion so far in August, potentially on track for the largest monthly outflow on record; the Software ETF (IGV) recorded approximately $610 million in net outflows over the same period, potentially marking a third consecutive month of net outflows. Capital is rotating from the semiconductor and software sectors into broader tech stocks.
Odaily News: According to on-chain analyst Ai Yi's monitoring, an address that had been dormant for 8 months has been awakened. 40 minutes ago, it made a single purchase of 2,447.49 ETH through Tokenlon, spending 5.044 million USDT, at a cost of $2,447.49 per ETH. The address had previously taken profit on ETH at approximately $3,016 about 9 months ago.
According to Lookonchain, the TRUMP team transferred another 2.62 million TRUMP tokens worth approximately $6.21 million about one hour ago, which were subsequently deposited into OKX.
According to Lookonchain data, whale address 3NVeXm deposited 2,555 BTC worth approximately $197 million to Binance about 13 hours ago.
According to on-chain analyst Yu Jin, the TRUMP token team address (2RH...FSK) transferred out 3.837 million SOL, valued at $9.33 million, one hour ago, routing through BitGo before entering OKX.
Last week, the two categories of ETFs recorded a combined net outflow of $392 million.
Odaily News - Standard Chartered's global head of digital asset research, Geoffrey Kendrick, stated that the bank's year-end Bitcoin price target of $100,000 may be too conservative. Bitcoin rose to $79,500 on August 21, its highest level since May; he predicts the price could climb from this level to $126,000, a gain of 58%.Kendrick noted that during the rally from August 19 to 21, Bitcoin short liquidations totaled nearly $1.44 billion, the largest on record in Coinglass data since June 2021. U.S. spot Bitcoin ETFs saw net inflows of approximately $1.92 billion over five consecutive trading days.The U.S. Treasury announced on August 19 that it would expand its long-term Treasury buyback program, raising the maximum size of a single operation from $2 billion to at least $4 billion. Standard Chartered lowered its Bitcoin year-end target from $150,000 to $100,000 in February this year, while outlining a long-term trajectory of $500,000 for Bitcoin and $40,000 for Ethereum by 2030. (Bitcoin.com News)
Odaily News A anonymous whale sold a total of 7,700 Bitcoin between August 19 and 22, worth approximately $577 million at current prices. Among these, a single transaction earlier today sold 2,700 Bitcoin, worth approximately $212 million.Bitcoin rose to $79,500 this week before pulling back to around $77,000, posting a weekly gain of over 20% and approaching $80,000. This sale comes after large holders accumulated approximately 43,000 Bitcoin over the past 60 days.Another whale sold 7,513 Bitcoin over a three-week period ending August 9, worth approximately $487 million. The U.S. Treasury announced that starting September 9, the scale of its long-term Treasury buyback operations will increase from $2 billion to at least $4 billion per operation. (Bitcoin.com News)
Odaily News According to data from the Korea Securities Depository, Korean retail investors are aggressively purchasing the ADR (American Depositary Receipt) of SK Hynix listed on the US Nasdaq, resulting in a significant premium for the ADR compared to the company's domestic shares.From the listing of the SK Hynix ADR on Nasdaq on July 10 to August 19, Korean investors recorded cumulative net purchases of approximately $835 million (about 1.16 trillion KRW) in SK Hynix ADR, ranking second among US stocks bought by Korean investors during the same period and accounting for 16.4% of the total net purchases of US stocks by Korean investors.This trend has led to a widening price gap between the SK Hynix ADR and its domestic shares. On August 19, SK Hynix's domestic shares closed down 9.75% at 1.5 million KRW, while the US-listed ADR rose 0.35% to close at $156.16. Since one SK Hynix ADR corresponds to 0.1 domestic share, the theoretical value of the domestic share converted from the ADR price should be approximately 10 times the ADR price. However, as of the 19th, the domestic share price was only 6.82 times the converted ADR price, indicating an approximate premium of 46.67% for the ADR over the domestic shares. (NATE)
According to on-chain analyst Onchain Lens (@OnchainLens), the Government of Bhutan transferred 10.779 BTC to two new addresses, valued at approximately $835,000 USD at current prices.
Odaily News – HYPE reached an intraday high of $82 yesterday, rising 38% over the past week, with 24-hour trading volume exceeding $2 billion and a market cap of approximately $17.17 billion. Hyperliquid's 30-day trading volume surpassed $176 billion, with open interest exceeding $8 billion.On August 19, U.S. President Donald Trump stated that the Commodity Futures Trading Commission (CFTC) is pushing to bring Hyperliquid into the U.S. market in a compliant and lawful manner. On August 20, a wallet associated with venture capital firm Multicoin Capital transferred 308,884 HYPE tokens, valued at approximately $19.8 million, to institutional custody and trading platform Coinbase Prime within seven hours.During the same period, the wallet also transferred 172,710 and 62,700 HYPE tokens, valued at approximately $10.15 million and $4.37 million, respectively. Since February 2026, Multicoin Capital has transferred over $100 million worth of HYPE to Coinbase Prime. Meanwhile, Hyperliquid has been using approximately 99% of its perpetual and spot market fee revenue to continuously buy back HYPE through the Assistance Fund. (Bitcoin.com News)
Odaily News: According to Onchain Lens monitoring, about 43 minutes ago, Wintermute deposited another 590.9 BTC, worth approximately $45.66 million, into Binance. This week, a cumulative total of 3,834.3 BTC, worth approximately $257 million, has been transferred to Binance.