News linked to this event type.
According to EmberCN monitoring, a suspected miner address deposited 2,802 Bitcoins to Binance in the last two days, worth approximately $182 million. In the past nearly 20 days, the address has cumulatively deposited 6,494 Bitcoins to Binance, with a total value of approximately $421 million, at an average price of approximately $64,798.
Odaily News: Berkshire Hathaway CEO Greg Abel made net stock investments of $19.8 billion in Q2, bringing an end to Warren Buffett's three consecutive years of selling. Berkshire poured $21 billion into public companies, including $10 billion into Alphabet, and repurchased $4.5 billion of its own shares. (Coinbureau)
According to Yu Jin monitoring, an address is going long on 500,000 SOL in batches via a TWAP strategy, with a total size of approximately $38 million. So far, 186,000 SOL have been executed, with a transaction value of approximately $14.16 million, and the average entry price is approximately $76.
Odaily News: According to Onchain Lens monitoring, addresses associated with the Solana OG attacker (0xd229...9D15, 0x501...f051) have transferred 2,290 ETH, worth $4.39 million, to Tornado Cash. This operation occurred nearly a month after the $14.2 million attack incident; the same cluster of addresses also used Tornado Cash two weeks ago.
Odaily News: According to Onchain Lens monitoring, BitMEX, owned by Arthur Hayes, transferred 367.65 BTC (approximately $23.92 million) from a cold wallet to a hot wallet 4 hours ago. Over the past week, the exchange has continued to make similar transfers, possibly to process retail withdrawals, following BitMEX's announcement of closure last month. The BitMEX cold wallet address is bc1q...srq64.
Odaily News: According to Onchain Lens monitoring, a whale, after a 3-month period of inactivity, staked 4,000 ETH through Lido 2 hours ago, valued at approximately $7.68 million, and received 4,000 stETH in return. Previously, this address had supplied 1.216 million USDC, worth approximately $1.22 million, to Aave.
US spot Bitcoin ETFs recorded approximately $1 billion in net inflows this week, marking the best weekly performance since April; meanwhile, Coldcard hardware wallets were hacked, resulting in $116 million worth of BTC stolen.
Odaily News, ECX developer Paul Sztorc has announced that the ECX hard fork will be rolled out in three phases, rather than the originally planned single release on August 23. ECX is a new blockchain that replicates the complete transaction history of Bitcoin at specified block heights. Nearly all Bitcoin holders, except for those holding a portion of Satoshi Nakamoto's Bitcoins, will receive an equivalent amount of ECX, while the Bitcoin network itself remains unchanged. The first Alpha version will be activated on August 23 at block height 963,648, the Beta version will go live on September 20 at block height 967,680, and the permanent full version is scheduled for release on October 31 at block height 973,728. Tokens collected during the Alpha and Beta phases can be burned and exchanged for official ECX once the permanent chain goes live. ECX's replay protection remains an optional mechanism. The official wallet will enable this protection and remind users before executing transactions. Paul Sztorc stated that if users ignore the reminders, ECX will replay their Bitcoin transactions, causing the associated Bitcoins to be transferred out along with the user's actions and moved to new holders. October 31 also marks the 18th anniversary of Satoshi Nakamoto publishing the Bitcoin whitepaper.
Odaily News: Recently, a whale opened a short position on Bitcoin worth $102 million at 40x leverage, suffered partial liquidation, and incurred losses of approximately $1.46 million over the past week. Currently, the whale has reduced the short position to about $60 million by adding margin, with an entry price of $64,212.5 and a liquidation price of $65,310.2.
A whale who previously shorted approximately $102 million worth of BTC with 40x leverage recently experienced partial liquidation, losing approximately $1.46 million over the past week. Currently, their short position has decreased to approximately $60 million, with a liquidation price of approximately $65,310.
Citrini analyst Jukan reposted content on platform X stating that industry insiders say Google DeepMind co-founder Demis Hassabis previously planned to leave around the same time as another co-founder David Silver, but Google management worried this news might trigger a significant stock price drop, therefore hoping he would postpone his departure. Sources say that after Google announced relevant adjustments, the company's stock price indeed dropped, and eventually Hassabis was persuaded to transition to the DeepMind Chairman position to help the organization transition smoothly and create space to leave Google in a more appropriate way in the future. It is reported that as David Silver turns to founding Ineffable Intelligence and John Jumper joins Anthropic, DeepMind's core AI R&D strength is undergoing changes. Some insiders believe that the center truly driving AI model development at Google has now shifted more towards the US Bay Area, DeepMind's importance has declined somewhat, and Google's internal focus has shifted to the large language model Gemini to catch up with OpenAI and Anthropic. Hassabis's adjustment reflects long-standing strategic contradictions within Google: research personnel focus more on long-term scientific breakthroughs, while business teams focus more on AI products that can be commercialized quickly and drive revenue and stock price growth. The market predicts Hassabis may leave Google within a year and may start a new venture again.
Odaily News: Bitcoin added 2.27 million new wallets this week, with active wallet count reaching 751,000, marking the highest on-chain activity in months. On July 31, active addresses briefly approached 978,000—approximately 1.6 times the July daily average—while the first week of August averaged around 751,000 daily, up from July's average of roughly 610,000. Daily average exchange inflows stood at approximately $1.55 billion, down from July's $1.67 billion, with fund movements not accompanied by significant exchange buying activity. This surge in activity is linked to a firmware vulnerability in Coldcard devices from hardware wallet manufacturer Coinkite. The vulnerability affects certain Mk3, Mk4, Mk5, and Q models, where seed generation utilizes a software random number generator, reducing the actual randomness of some devices to approximately 40 or 72 bits. Since July 30, related bitcoin losses have exceeded $116 million. Holders of affected devices have transferred funds to new addresses and replaced them with unaffected hardware devices. Coinkite has released firmware patches and entropy remediation disclosure documents. This vulnerability stems from a random number generation issue in device firmware, not a flaw in the Bitcoin protocol layer.
Odaily News, Citrini analyst jukan posted on X platform, according to Korean media reports, SK Hynix is preparing a shareholder return program worth approximately 100 trillion Korean won ($71 billion), including share buybacks and cash dividends. The company is expected to buy back approximately 40 trillion Korean won ($28.4 billion) in shares, accounting for just over 2% of total shares, close to the 2.5% proportion of new shares issued through its American Depositary Receipt offering.
Odaily News, Citrini analyst Jukan stated on the X platform that the market may have to adopt a "short memory, long optical" trading strategy in the short term, with some hedge funds already positioning in this direction, primarily based on three reasons:First, after Korea's leveraged ETF market largely ceased to function, related investors are facing redemption pressure, which may lead to additional selling outflows. Adjustments in the capital chain of leveraged products could still put pressure on Korean memory stocks.Second, Nvidia is adjusting its next-generation AI system architecture. Nvidia may reduce the HBM configuration per cabinet for Rubin Ultra and connect multiple cabinets via optical interconnect technology, keeping Rubin Ultra cluster-level performance ahead. Even if the HBM reduction stems from supply constraints rather than declining demand, optical communications could still become a key beneficiary in AI infrastructure.Third, the market is forming a consensus that memory prices may peak within the next two quarters.However, the long-term outlook for the storage industry remains positive, though the short-term view is cautious. AI infrastructure investment is gradually shifting from a sole focus on HBM storage capacity to the overall efficiency of data center architecture, including high-speed optical interconnects and other components, which may drive funds to rotate from memory chips to optical communications in the short term.
Odaily News: Bloomberg ETF analyst Eric Balchunas said on X platform that Bitcoin ETF inflows reached approximately $1 billion this week, marking the best weekly performance since April and the third-best week since the Silent IPO disrupted market performance in October last year.Since the Coldcard hack, IBIT, FBTC and a few other Bitcoin ETFs have seen consecutive daily inflows, and the correlation makes it hard to ignore the causal relationship. He noted that if the seemingly worst-case scenario of a cold storage Bitcoin hack marks the start of the next rally, it would be ironic but also in line with its usual characteristics.
Odaily News: According to HyperliquidNews monitoring, a whale deposited $11.55 million USDC into Hyperliquid 26 hours ago. The whale previously went long on 10,000 ETH, with a notional value of $19 million, and booked a profit of $193,000. Subsequently, the whale went long on 25,000 ETH via a TWAP over 34 hours, with a notional value of approximately $46.5 million.
On-chain data shows a new address made its first purchase of 2,000 ETH, valued at approximately $3.81 million. The address currently holds a total of approximately $7.96 million worth of ETH and $1.03 million worth of LINK.
Odaily News - On-chain analyst Ember posted on X platform stating that USDG's market cap has grown from $300 million to $3.5 billion within a year, with $1.95 billion of that held on OKX's X Layer chain. USDG is not a stablecoin widely known to the general public, with relatively limited promotion and exposure. X Layer primarily supports USDG through real use cases such as stablecoin yield generation, Boost, and payments, making it the sixth-largest stablecoin by scale. USDG's growth over the past year has been consistent and steady, not artificially inflated in the short term through large-scale subsidies. Ember noted that this reflects the high user base and activity levels of OKX Wallet. Even amid the current subdued market conditions, X Layer has achieved through its relevant modules what other stablecoins could only accomplish with substantial capital investment.
On-chain data shows that the address labeled as the Aztec attacker has deposited another 300 ETH into Tornado Cash, worth approximately $572,000. To date, the address has transferred a total of 500 ETH to Tornado Cash.
"1011 Insider Whale" representative Garrett Jin released a weekly analysis stating that while he previously suggested gradually positioning in memory chips and buying on dips, the market did not experience the expected pullback. He has sold half of his previous rebound positions during the surge, not because the investment logic has changed, but due to concerns regarding the capital structure driving the rise, stating, "This looks more like a short squeeze than a final confirmation of fundamentals by the market." Rapid capital covering short positions can create short-term gains for memory chip stocks like SK Hynix, but cannot sustain the trend alone. Risks associated with Korean leveraged ETFs have not been fully released, but the decline in asset size is mainly due to NAV shrinkage rather than investor exit. Currently, cumulative net subscriptions for related financial products remain at historic highs and have not turned negative. Garrett Jin emphasized that the decline in Korean leveraged ETF size does not indicate market bearishness on memory demand. SK Hynix's 2026 capacity is already sold out, and Micron's orders are covered until 2028, with demand remaining strong through the second half of 2027. However, the memory industry is essentially still cyclical. Stock prices have already surged by hundreds of percentage points in advance, and cyclical stocks are typically difficult to sustain long-term growth driven solely by valuation expansion. The current market is entering a new phase of the AI capital expenditure cycle, shifting from "rewarding investment" to "evaluating investment returns." Regarding Bitcoin, Garrett Jin stated it continues to meet the bottoming conditions established since the July lows, and he currently maintains the position view established near $60,000.