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Analyst: Bitcoin price falls below short-term holder cost basis, with the gap being the narrowest since July 21

CryptoQuant analyst Axel Adler Jr. stated on the X platform that Bitcoin is currently trading below the short-term holder (STH) cost basis, which refers to the average purchase price of Bitcoin held for less than 155 days. As of August 8, 2026, Bitcoin is trading at $64,952, while the short-term holder realized price stands at $67,523. The spot price is 3.8% below this level, with a gap of $2,571—the narrowest since July 21. Over the past 284 days, Bitcoin has closed below the STH realized price on 279 days. This time may be no exception, as short-term holders are likely to begin selling into the market to exit at the breakeven point.

The whale who previously opened a $102 million BTC short position cut losses on 700 BTC before adding 30 BTC to the position, and currently still has a floating loss of $605,000.

On-chain data shows that a whale who previously opened a $102 million BTC short position cut losses on 700 BTC yesterday, incurring a loss of approximately $624,000, then added 30 BTC to the position again. Currently holding 930 BTC, the position remains in a floating loss.

After lying dormant for over 3 years, a whale sold 7,323 ETH at a loss of over $19 million

On-chain data shows that a whale who held ETH for over 3 years sold 7,323 ETH, valued at approximately $13.96 million, with a cumulative loss of over $19 million.

A whale sold 7,323 ETH, incurring losses exceeding $19 million after holding ETH for over 3 years

Odaily News, According to Lookonchain monitoring, a whale (0x7C5...7b86) sold after holding ETH for over 3 years, with cumulative losses currently exceeding $19 million. The whale purchased ETH at an average price of $2,723 in February 2022 and March 2023, and subsequently staked it. 10 hours ago, the whale sold 7,323 ETH, worth $13.96 million.

SK Hynix Stock Still Favored by Institutions After Volatility: HBM4 and Long-Term Supply Agreements Support AI-Era Growth

According to Korean media NATE, driven by the AI investment boom, SK Hynix's stock price has recently experienced severe volatility. Against the backdrop of intensifying market volatility, SK Group released an advertisement quoting the famous words of founder Choi Jong-geon (최종건): "Despair and hope are two sides of the same coin; despair can be turned into hope like flipping a hand," and rewrote it as "Anxiety and expectation in the AI era are also two sides of the same coin; anxiety can be turned into expectation," thereby conveying confidence in the long-term development of the AI industry. Securities firms believe that short-term stock price volatility has not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership advantage and the performance stability brought by Long-Term Agreements (LTA). Hyundai Motor Securities analyst Noh Geun-chang (노근창) stated that SK Hynix's DRAM and NAND bit growth rates for the third quarter are expected to reach 9.7% and 1.5% respectively; with the expansion of HBM4 sales contribution, even if the proportion of Long-Term Agreements increases, DRAM Average Selling Price (ASP) is still expected to rise 19.9% quarter-over-quarter. Regarding competition concerns brought by China's ChangXin Memory Technologies (CXMT), Noh Geun-chang believes that considering the US continues to strengthen semiconductor equipment export restrictions and Micron is expanding domestic investment in the US, the possibility of major companies like Apple adopting Chinese memory chips is relatively low.

Nvidia rises over 10% weekly; semiconductor sector rebounds as AI chip concerns ease

Odaily News: Nvidia (NVDA) shares have surged more than 10% this week, while the Philadelphia Semiconductor Index (SOX) rose over 8% during the same period. The sector had previously been sold off on concerns over the scale of AI infrastructure investment and high valuations of chip companies, but market sentiment has since recovered.Nvidia's gains were partly boosted by positive developments at SpaceX. During SpaceX's first earnings call, Musk stated that the company will build data centers both on the ground and in space in the future, and will exclusively use Nvidia chips.Meanwhile, the market remains focused on HBM memory supply pressure. According to The Information, Nvidia is testing a version of its Rubin Ultra chip with reduced HBM configuration to address the global shortage of high-bandwidth memory. (Yahoo Finance)

An address holding 930 BTC short positions, worth $60.32 million, still faces an unrealized loss of $605,000 after adding to the position

Odaily News, According to on-chain analyst Ai Yi's monitoring, a certain address stopped out 700 BTC at 21:00 last night, incurring a loss of $624,000. At 1:33 AM this morning, it added 30 BTC to its short position. The address currently holds 930 BTC short positions, worth approximately $60.32 million, with an average entry price of $64,213 and a liquidation price of $65,306, still facing an unrealized loss of $605,000.

Whale Dormant for 3 Years With 23,800 ETH Awakens, Deposits 7,323 ETH to Kraken

On-chain data shows that a whale holding 23,800 ETH has awakened after three years of dormancy and deposited 7,323 ETH to Kraken, worth approximately $13.96 million. If sold at current prices, this portion of ETH would incur a loss of approximately $5.977 million.

A whale holding 23,800 ETH has awakened after three years of dormancy, depositing 7,323 ETH into Kraken — a sale would result in a loss of $5.977 million

Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale had withdrawn 23,834.17 ETH at an average price of $2,723.2 between February 15 and March 21, 2022, worth $64.9 million, and subsequently staked it with Rocket Pool. After three years of dormancy, the whale awakened 10 hours ago and deposited 7,323 ETH, worth $13.96 million, into Kraken; if sold, it would incur a loss of $5.977 million. Its assets have shrunk by 30% compared to the initial position.

某巨鲸从富达关联钱包买入 5 万枚 ETH,价值约 9573 万美元

On-chain data shows that a whale bought 50,000 ETH worth approximately $95.73 million from a wallet associated with Fidelity yesterday, and subsequently transferred 36,530 of those ETH to a new address.

WLFI transferred 100 million tokens to Binance, valued at approximately 5.3 million USD.

On-chain data shows WLFI transferred a total of 100 million WLFI tokens to Binance in two transactions today, valued at approximately $5.3 million.

HyperLabs 向 Flowdesk 转移 16.5 万枚 HYPE,部分已出售

On-chain data shows that out of the 433,000 HYPE redeemed from staking by Hyperliquid's development team HyperLabs, 165,000 have been transferred to market maker Flowdesk, with some already swapped for USDC.

Involving $24.25 million, HyperLabs redeemed 433,000 HYPE from staking and sold via Flowdesk

Odaily News: According to on-chain analyst Ember's monitoring, HyperLabs, the development team behind Hyperliquid, redeemed 433,000 HYPE tokens from staking early yesterday morning, valued at $24.25 million, and has now been sold through market maker Flowdesk. Over the past few hours, 165,000 HYPE, worth $9.23 million, has been transferred to market maker Flowdesk; 75,000 HYPE, worth $4.19 million, has been transferred to Hyperliquid and sold for USDC; another 90,000 HYPE, worth $5.04 million, has been transferred to OKX and Bybit.

Analyst: Citi Downgrades Micron, Expects Memory Prices to Peak in the May Quarter Next Year

Odaily News, Citrini analyst jukan posted on X platform that Citi has downgraded Micron, expecting the pace of DRAM and NAND price increases to gradually slow over the next four quarters, with prices likely peaking in the quarter ending May next year, i.e., the second fiscal quarter. Citi has adjusted its quarter-over-quarter DRAM price increase expectations for the August, November, February, and May quarters from 23%, 10%, 2%, and 0% to 23%, 9%, 2%, and 0%, and now expects prices to decline 3% in the second half of 2027 compared to the first half. For NAND, the quarter-over-quarter price increase expectations have been adjusted from 29%, 9%, 1%, and 0% to 29%, 7%, 0%, and -1%, with the second-half 2027 price expectation revised to a 5% decline compared to the first half. Citi noted that capacity expansions at CXMT and YMTC will drive DRAM and NAND prices lower. US-listed memory chip stocks fell sharply.

100 million WLFI transferred to Binance; Trump-affiliated World Liberty Financial cumulatively transferred $5.3 million today

Odaily News: According to Onchain Lens monitoring, a treasury wallet of Trump-affiliated World Liberty Financial first transferred 50 million WLFI to a new address, which subsequently moved the funds to Binance. On the same day, the treasury also transferred another 50 million WLFI directly to a Binance deposit address. A total of 100 million WLFI, approximately $5.3 million, has been transferred to Binance today.

"AI stock guru" Leopold Aschenbrenner shares wedding photos on X after nearly a year-long hiatus

Odaily News: "AI stock guru" Leopold Aschenbrenner has shared wedding photos on X after a nearly one-year silence.Previously reported, Leopold Aschenbrenner's Situational Awareness fund gained 439% cumulatively before June 2026, but suffered heavy losses during the July AI sector sell-off. Prior to his wedding, he sold most of the fund's equity portfolio to Citadel, the investment firm owned by Ken Griffin.

Profit of approximately $1.13 million realized as Hyperliquid trader closes $2.04 million SPCX short position

Odaily News: According to Onchain Lens monitoring, a Hyperliquid trader has closed a short position of 15,760 SPCX tokens, valued at approximately $2.04 million, realizing a profit of around $1.13 million. In recent closing transactions, the SPCX short position yielded approximately $301,000 in profit, while the Samsung long position gained about $12,000. Despite recent gains, this wallet has accumulated total losses of approximately $2.69 million.

Italy’s largest bank, Intesa Sanpaolo, trims 94% of its IBIT holdings while tripling its staked ETH ETF position

Odaily News - In its Q2 Form 13F filing, Italy’s largest banking group, Intesa Sanpaolo, disclosed a reduction in its BlackRock iShares Bitcoin Trust (IBIT) holdings from 646,809 shares to 40,723 shares, a cut of approximately 94%. As of June 30, the remaining position was valued at $1.36 million.Intesa Sanpaolo also eliminated 99% of its IBIT call options and established a new put position covering 500,000 shares. The bank continues to hold 3.47 million shares of the ARK 21Shares Bitcoin ETF (ARKB), valued at $67.6 million at quarter-end, and maintains its 712,319-share position in the Grayscale XRP Trust unchanged.The bank increased its holdings in the BlackRock iShares Staked Ethereum Trust ETF from 116,200 shares to 349,600 shares, valued at $7.1 million as of June 30. This staked Ethereum fund holds ETH and passes through approximately 3% to 4% in annual network staking rewards.Intesa Sanpaolo also nearly doubled its position in Bitgo Holdings to 323,000 shares, while trimming Coinbase by 32%, Circle by 10%, and Robinhood by 43%. Additionally, it established a new position in commercial spaceflight company SpaceX with 5.66 million shares, valued at $966 million. (News Bitcoin)

BlackRock Bitcoin ETF Records 4 Consecutive Days of Net Inflows, Accumulating 9,269 BTC

Odaily News, According to Lookonchain monitoring, BlackRock's Bitcoin ETF has recorded net BTC inflows for four consecutive trading days. Over the past four trading days, BlackRock's related products have accumulated approximately 9,269 Bitcoin (worth about $604 million).Market analysts noted that sustained institutional inflows indicate that investor demand for Bitcoin remains strong in the long term. As spot Bitcoin ETFs become a key channel for traditional capital to enter the crypto market, ETF fund flows have emerged as an important gauge of institutional market sentiment.

Wall Street's Sharp Critique of Nonfarm Payrolls: This Report Is "Extremely Terrible"

Odaily News: U.S. July nonfarm payrolls unexpectedly decreased by 23,000, significantly missing market expectations. Although seasonal factors and the fading of the World Cup dividend disrupted the data, this still notably weakens the Federal Reserve's momentum for a September rate hike, shifting market focus to next week's CPI.Despite the "dismal" surface data, the unemployment rate unexpectedly fell to 4.1%. This seemingly contradictory phenomenon is actually attributed to a cumulative 0.7 percentage point decline in the labor force participation rate since the beginning of the year.Analysts are divided in their interpretation of this "terrible" report. Thomas Ryan, Senior Economist at Capital Economics, stated bluntly that although the current weakness has not yet shown up in broader indicators, it is sufficient to prompt Fed officials to reassess the health of the labor market and reduce their willingness to further tighten monetary policy in the near term.In the face of this report, which Adam Crisafulli, founder of Vital Knowledge, called "extremely terrible," the capital markets demonstrated typical contrarian logic. As traders bet that the rate hike process would stop here, U.S. stock futures rose accordingly, and Treasury yields collectively declined. According to data from CME Group's tools, the market-implied probability of a September rate hike has rapidly fallen from 55% on Thursday to 44%.