News linked to both this project and an event.
Trader Killa published a post stating that Bitcoin's downside imbalance zone, formed during strong bull rallies, does not always get fully backfilled. Historically, such bottom-shock candles tend to remain partially unfilled. According to him, following roughly two months of sideways consolidation where Bitcoin rallied around 27% alongside approximately $60 billion worth of short liquidations, there remains no mandatory pressure to fill the lower imbalance zone beneath the current price levels.
According to on-chain analyst Yu Jin's monitoring, a whale continued to buy 544.5 BTC via cross-chain today, worth $42.43 million. Over the past two days, this whale has swapped 60.37 million USDC for 767.8 BTC through THORChain, at an average price of approximately $78,628.
CryptoQuant analyst Axel Adler Jr. stated that from August 19 to September 10, short-term Bitcoin holders (with holding periods of no more than six months) transferred a total of 549,300 BTC to exchanges. During the same period, Bitcoin's price rose from $64,000 to $78,000, up approximately 21%; after touching a local high of $81,800, it pulled back by about 4.1%, but still retained most of its gains.
According to on-chain intelligence platform Arkham (@arkham), a BTC whale withdrew approximately $461.5 million worth of Bitcoin from Coinbase roughly two years ago. During its holding period, the position's unrealized gains peaked at $315 million, and it even recorded an unrealized loss of $100 million during the market low in July, yet never chose to sell. Since August, the whale has transferred $82 million to Kraken and currently still holds $418 million worth of BTC, sitting on an unrealized profit of approximately $40 million.
According to data from Trader T (@thepfund), Bitcoin spot ETFs saw a net outflow of $120.24 million yesterday. The details are as follows: • $ARKB (Ark): Outflow of $77.98 million, representing the day's largest outflow • $GBTC (Grayscale): Outflow of $27.22 million • $IBIT (BlackRock): Outflow of $19.53 million • $MSBT (Morgan Stanley): Inflow of $4.49 million, the only net inflow of the day • All other ETFs recorded zero net flow
Odaily News: According to Bitcoin News monitoring, DART stated that it and independent white-hat researchers have recovered over 50 BTC from wallets affected by the COLDCARD entropy vulnerability, completing the transfer before malicious attackers could steal the funds. DART is a digital asset recovery organization that works with white-hat researchers to protect vulnerable funds and coordinate their lawful return to owners. The white-hat researchers did not request a bounty and will return the Bitcoin to its owners.The rescued BTC has been transferred to the Crypto Recovery Trust. This trust is a dedicated statutory trust established under Wyoming state law to hold recovered digital assets and return them after confirming and verifying the legitimate owners. The trust will document the recovery process, separate the BTC from DART and researchers' funds, conduct blockchain analysis, ownership verification, and sanctions screening, and provide a lawful return process for verified owners. If ownership is disputed, or if the relevant funds involve sanctions or criminal proceedings, the BTC will be handled in accordance with applicable legal procedures. DART stated that other vulnerable assets and recovery leads are still under review.
According to Trader T data, U.S. spot Bitcoin ETFs recorded a total net outflow of $46.64 million on September 8. Among them, BlackRock IBIT recorded a net inflow of $10.66 million, Bitwise BITB recorded a net inflow of $14.47 million, ARK ARKB recorded a net inflow of $8.06 million, and Morgan Stanley MSBT recorded a net inflow of $7.41 million; Fidelity FBTC recorded a net outflow of $17.05 million, Invesco BTCO recorded a net outflow of $4.68 million, and Grayscale GBTC recorded a net outflow of $65.51 million. Net flows for all other products were zero on the day.
According to CoinDesk, Bitcoin briefly dipped to $77,666 on Tuesday before recovering to around $78,900 during Wednesday's Asian trading session. The asset saw minimal movement over a 24-hour period, posting a weekly gain of nearly 2%. Markets are currently focused on upcoming U.S. inflation data and the Federal Reserve's interest rate decision scheduled for September 15–16. Meanwhile, Grayscale stated that its Zcash exchange-traded fund surpassed $500 million in assets under management just two weeks after its debut on NYSE Arca. Trading under the ticker ZCSH, the fund has attracted over $70 million in net inflows since its launch on August 25 and secured a $100 million investment from DCG International Investments. It currently holds more than 550,000 ZEC, representing approximately 3% of the ZEC circulating supply.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale transferred 209.1 BTC, worth $16.44 million, to Binance half an hour ago. Over the past 3 months, this whale sold 329.1 BTC—accumulated at an average price of $36,066 in 2022—at an average price of $75,392, realizing a profit of $12.94 million, with a return rate of 109%.
According to BIT analysis, the composite institutional capital inflow metric shows that approximately $6.7 billion flowed into the crypto market over the past 30 days. This metric encompasses MicroStrategy purchases, Bitcoin ETF capital flows, and stablecoin issuance. In comparison, June recorded a net outflow of approximately $13 billion, marking a clear reversal in capital flows. BIT stated that the improving trend of capital inflows is currently supporting market momentum, but further acceleration is still required to drive larger gains for Bitcoin.
According to monitoring by Ai Yi, a whale that has been DCA-ing BTC since 2022 has continuously deposited WBTC to Binance since August 10, amounting to approximately $24.1 million, sold at prices ranging from roughly $62,000 to $79,000. Nine hours ago, the address was again suspected of selling 30.1 WBTC, valued at approximately $2.37 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale that cleared 50,600 ETH at an average price of $2,921 late last year, netting a profit of $19.02 million, has resumed buying Bitcoin after an 8-month hiatus. Over the past day, the whale swapped 14.2 million USDC for 179.8 BTC via THORChain at a price of $78,955 per BTC, and is still continuing to buy, with $74.32 million USDC still in hand.
according to Bitcoin News monitoring, the Coldcard thief is prioritizing emptying the largest portion of the third wave of vaults. Galaxy Research stated that these wallets have transferred out 97.09 BTC, worth approximately $7.7 million, accounting for about 45% of the assets in this batch. The attacker created 293 2/2 vaults themselves and previously moved some tokens via THORChain on September 2, followed by multiple rounds of CoinJoin over the weekend. The vulnerability stems from a 2021 firmware flaw that reduced seed entropy to a minimum of 40 bits. Of the tokens stolen in this exploit, approximately 82% remain unmoved.
Jiang Zhuo'er stated that after Bitcoin just experienced a decline, he observed the Coinbase premium turn negative and continue to widen, thus predicting potential outflows from Bitcoin spot ETFs the next day. He pointed out that ETF data has a lag, and trading based on it is akin to "driving while looking in the rearview mirror." However, given the significant impact that ETF inflows and outflows have on the market, they remain an important reference.
Odaily News: According to Lookonchain monitoring, US Bitcoin ETFs recorded a net inflow of 398 BTC today, while Ethereum ETFs saw a net outflow of 19,667 ETH.
CryptoQuant analyst XWIN Japan stated that the Bitcoin market structure remains constructive, but subsequent price action depends on whether genuine spot demand can absorb market supply. ETF holdings continue to rise, indicating that institutional investors are still accumulating BTC, and large investors are also forming buy-side support near current price levels.
Odaily News: According to on-chain analyst Ai Yi's monitoring, the whale who went long on 20,000 ETH before the surge has closed their BTC short position, exiting with a loss of $114,000. Their BTC 4x short position, valued at $49.59 million, was cut in less than 7 hours to stop losses in time. This address also exited its previous two BTC short positions at a loss, with cumulative losses from the three shorts totaling $547,000.
Odaily News: According to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy currently holds 845,050 BTC ($66.125 billion), with an average cost of $75,412 and a floating profit of $2.398 billion (+3.7%).Ethereum treasury company Bitmine purchased 28,086 ETH ($68.85 million) last week at approximately $2,451 per ETH. They now hold a total of 5,929,198 ETH ($14.651 billion), with an average cost of $3,347 and a floating loss of $5.194 billion (-26.2%).
CryptoQuant analyst Axel Adler Jr. stated that over the past two days, Bitcoin's active buy and sell order pressure has shifted to sellers, with prices falling from $79,900 to $78,700. Open interest rose during the price decline, indicating that new positions are driving this move. Data shows that on the morning of September 6, the Bitcoin active order pressure oscillator was at +3.82, before breaking below zero and remaining in negative territory for 46 hours, with the latest reading at -3.19. Although selling pressure has eased from its local low of -5.28, bulls have not yet regained control. The near-term outlook remains bearish, with improvement signaled only when the oscillator consistently returns above the zero line, accompanied by price stabilization.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale previously opened a 4x leveraged long position on 20,000 ETH. Two minutes ago, they opened a 4x short position on 546.69 BTC, valued at $42.8 million, with an entry price of $78,561.3. Their 20,000 ETH position is currently showing an unrealized profit of $10.725 million, bringing their total position size to $92.33 million.