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大摩:央行购金加速但 ETF 缺席,金银反弹需等买盘回归

据潮向研究,摩根士丹利 7月 20 日贵金属报告指出,央行购金正在加速,中国 6 月买入 14.9 吨黄金,为 2023年 10 月以来最大单月增持,连续第 20 个月买入,今年累计买入 40.1 吨已超去年全年。波兰、乌兹别克斯坦同步增持。但黄金 ETF 在6 月流出 74 吨,北美为主要出货区,年初至今北美 ETF 净卖出 60.5 吨。央行买盘与 ETF 抛售相互抵消,金价卡在 4000 美元附近。白银年内跌约 23%,远大于黄金的 8%,光伏用银走弱叠加 ETF 卖出形成双重压力。 摩根士丹利认为金银反弹的关键在于 ETF 买盘何时回归,而 ETF 回归取决于美联储能否避免加息。大摩经济学家团队预计通胀将继续回落、美联储今年按兵不动。若判断成立,ETF 买盘最早四季度回归,金价看到 4450 美元/盎司(约+11%),银价看到 65 美元/盎司(约+16%)。若地缘冲突推高油价导致美联储被迫加息,金银下行风险将重新打开。

Solana records $330M stablecoin inflow in 24 hours, led by Circle

SolanaFloor posted on X, stating that Solana has seen a $330 million stablecoin inflow over the past 24 hours, primarily driven by Circle.

Morgan Stanley: Semiconductor Pullback Not Yet Ended, Capital Flowing to Consumer and Transportation

According to TechFlow Research, Morgan Stanley released a weekly US stock strategy report on July 20. The report pointed out that the trend of market breadth expansion continues, and the momentum trading risks in the semiconductor sector have not yet been fully released. The silver stock price analogy model shows that semiconductors may have about 15% downside potential in the short term, and earnings revision breadth has retreated from historical extremes. Over the past two months, the consumer durables and transportation sectors outperformed the S&P 500 by approximately 12 percentage points respectively, and the equal-weight index continues to outperform the market-cap weighted index. In terms of allocation, Morgan Stanley continues to recommend overweighting cloud providers (Microsoft, Google, Meta, Amazon) and underweighting semiconductors within the technology sector. The equal-weighted P/E ratio of the four major giants has fallen back to 21 times. Consumer durables and transportation are the clearest directions for capital inflows, with the earnings revision breadth of the transportation sector reaching the strongest level since 2021. Market style is gradually shifting towards quality factors, with earnings revision breadth for high gross margin and high sales stability factors continuing to strengthen. The S&P 500 year-end target is 8,000 points, with 7,000 points being a key technical support level.

$68.2 million, a whale opened a 20x leveraged long position on 2,353 XYZ:XYZ100

according to Lookonchain monitoring, over the past 20 hours, a whale opened a 20x long position on 2,353 XYZ:XYZ100, valued at $68.2 million, with a liquidation price of $26,833.85.

Flash.Trade: Detected $98,000 Unauthorized Withdrawal, Trading and Deposits/Withdrawals Suspended

Flash.Trade announced that its temporary instance detected an unauthorized withdrawal of $98,000. As a precautionary measure, the platform has suspended trading, deposits, and withdrawals, and will launch an investigation within the next few hours.

Yesterday Ethereum Spot ETF Total Net Inflow $37.5 Million

According to Farside Investors data, the total net inflow for US Ethereum spot ETFs yesterday was $37.5 million. Among them, ETHA had a single-day net inflow of $52.8 million, making it the main source of fund inflow for the day; FETH had a net outflow of $15.3 million. The fund flows for the remaining products were all 0 for the day, including ETHB, ETHW, TETH, ETHV, QETH, EZET, ETHE, and ETH.

Binance will perform wallet maintenance on the Tron network (TRX) on July 23.

According to an official announcement, Binance will conduct wallet maintenance on the Tron network (TRX) on July 23, 2026, at 14:00 (UTC+8). To support this maintenance, Binance will suspend deposit and withdrawal services for the Tron network (TRX) on July 23, 2026, at 13:55 (UTC+8).

Polymarket shows 75% probability of Bitcoin reaching $67,500 in July

According to the PPP Prediction Market Tool, in Polymarket's "Bitcoin July Price" prediction market, BTC currently has a 75% probability of reaching $67,500, a 34% probability of reaching $70,000, and a 12% probability of reaching $72,500.Recently, Bitcoin has continued its rebound trend. According to OKX data, BTC approached $67,000 last night, with market sentiment steadily warming. Additionally, the previously bullish whale "Set Ten Big Goals First" took profits and exited early yesterday morning, but posted on X platform, stating, "The trend remains bullish; this is simply taking profits and securing gains."Join the PPP Signal Push Community to stay ahead and seize the opportunity.

Yesterday, Bitcoin spot ETFs recorded a net inflow of $203.2 million.

According to data from Trader T (@thepfund), the total net inflow for US Bitcoin spot ETFs yesterday was $203.2 million. Among them, IBIT (BlackRock) ranked first with a net inflow of $163.94 million; FBTC (Fidelity) had a net inflow of $23.11 million; ARKB (Ark) had a net inflow of $9.69 million; and BTC (Grayscale Mini) had a net inflow of $6.46 million.

Yesterday, 5 of the 7 Hynix longs have already closed their positions, with one whale placing a new order awaiting a pullback.

According to Hyperinsight monitoring, as of press time, among the 7 SKHX longs tracked yesterday, 5 have already reduced their original long positions to zero, involving 5101.544 SKHX, accounting for 50.2% of the total new large long orders yesterday.

South Korean Funds Snap Up Chinese Stocks, Cambricon Tops Weekly Net Buying with $2.8577 Million

Korean investors continue to increase their allocation to Chinese assets. Data shows that during the week of July 13 to July 19, Cambricon Technologies recorded net buying of US$2.8577 million by Korean investors, ranking first among A-share individual stocks. Semiconductor companies such as SMIC, Montage Technology, Hua Hong Hongli, and AMEC also saw significant increases in holdings. Over the past month, Dongshan Precision led in net buying amount, while Cambricon Technologies, Sugon, and Lion Microelectronics also received increased allocation from Korean funds.

Unrealized Profit Exceeds $12.5 Million, Whale Address 0x2684 Continues to Accumulate ETH and WBTC

that, according to Lookonchain monitoring, since June 30, whale address 0x2684 has accumulated purchases of 54,449 ETH (approximately $94 million) at an average cost of $1,726; simultaneously, it has accumulated purchases of 600 WBTC (approximately $38.37 million) at an average cost of $63,950. Based on current prices, the unrealized floating profit for this address has now exceeded $12.5 million.

Yesterday, two multi-million MU long positions generated a combined profit of $2.86 million, with one position still open.

According to Hyperinsight monitoring, Micron Technology (MU) is trading at $976.08, up approximately 6.36% compared to yesterday's reporting time. The two whales tracked yesterday recorded a combined profit of approximately $2.8603 million, with one trade realized and the other remaining a floating profit.

Bernstein: Robinhood Q2 Prediction Market Revenue Could Surpass Crypto Revenue, Target Price Raised to $160

Odaily Odaily News Bernstein analyst Gautam Chhugani stated in a report on Robinhood that the platform's prediction market revenue could surpass its cryptocurrency trading revenue as early as the second quarter of this year. It is expected that by 2028, Robinhood's prediction market business will generate nearly $2 billion in annual revenue.Additionally, Bernstein has raised its price target for HOOD from $130 to $160.

Hyperliquid whale deposits $3.71 million USDC, places $2.68 million BTC long order

According to on-chain analyst Onchain Lens, a Hyperliquid whale deposited $3.71 million USDC and placed Bitcoin long limit orders totaling approximately $2.68 million.

A Hyperliquid whale holds $8.67 million in long positions and has placed a $2.68 million BTC long limit order, with unrealized profits of $1.11 million.

According to Onchain Lens monitoring, a Hyperliquid whale deposited $3.71 million USDC and placed a BTC long limit order worth $2.68 million. The wallet has placed buy orders for 30 BTC at prices between $65,945 and $66,214. Currently, the wallet holds a 14x leveraged CL long position with a profit of $749,700, and an 11x leveraged BRENTOIL long position with a profit of $359,400. The wallet holds $8.67 million in long positions, with no short positions, and has unrealized profits of $1.11 million.

Profit of $18.8 million: Suspected Multicoin Capital sells 607,000 HYPE

: According to on-chain analyst Ember's monitoring, an address suspected to be associated with Multicoin Capital (0xaB3...297) is selling 607,000 HYPE, worth $37 million; 4 hours ago, it transferred 395,000 HYPE to Coinbase and requested the redemption of 211,000 HYPE staked on Hyperliquid. These HYPE tokens were purchased 5 months ago via Galaxy Digital OTC at a price of $30. Of these, 210,000 HYPE were deposited into staking, while 395,000 HYPE remained in the wallet. Based on the current HYPE price of $61, its profit stands at $18.8 million.

某鲸鱼平仓美光多单,单笔获利 171 万美元

据链上分析师 余烬 监测,一名鲸鱼昨日建立的 3500 万美元美光多头仓位 已于约 6 小时前 完成平仓。在美光价格上涨后,该地址此次交易实现盈利约 171 万美元。

whale "First Set 10 Big Goals" has closed its position and made a profit of $6.019 million

Odaily reports, according to on-chain analyst Ai Yee's monitoring, the whale "First Set 10 Big Goals" has closed its position and made a profit of $6.019 million, with actual long position holdings of 4,006.47 BTC. In the early hours, it tweeted that it had taken profit, with the final $258 million long position opened at $64,614.7 and closed at $66,160.47. It stated, "The bullish trend remains unchanged. We've taken profit on this trade, secured the gains, and will take a two-day rest."

Solana and Hyperliquid ETF Dominate Altcoin ETF Inflows

Odaily data shows that Solana and Hyperliquid ETF trading volumes together account for nearly 80% of all non-BTC and non-ETH ETF trading volume. The Solana ETF currently has an assets under management (AUM) of $904 million, while Hyperliquid-related funds have accumulated a net inflow of $350 million since their launch two months ago. The combined ETF sizes of both represent approximately 2% of their respective tokens' market capitalizations. (The Block)