News linked to both this project and an event.
According to on-chain analyst Ember (@EmberCN), ZEC’s price broke past $1,200, causing the Garrett Jin whale entity to suffer heavy losses. The entity opened short positions at an average price of $444 for 32,760 ZEC in early July. As ZEC surged from $400 to over $1,200 within three months, its unrealized loss has reached $25.7 million. Additionally, the entity holds long positions worth $107 million in BTC. Although it has an unrealized profit of $4.42 million, it has already paid cumulative funding fees totaling $2.05 million.
Odaily News According to on-chain analyst Ember's monitoring, the Garrett Jin whale entity (0x92ea...050e9) is the largest holder of native Zcash short positions. The entity opened a short position of 32,760 ZEC in early July at an entry price of $444. Over the past three months, ZEC's price has surged from $400 to over $1,200, leaving the short position currently underwater by $25.7 million. The entity also holds BTC long positions valued at $107 million, which are currently showing a profit of $4.42 million, although it has already paid $2.05 million in funding fees.
Odaily News: A Bitcoin wallet created in 2016 transferred 1,260.77 BTC at block height 965,770, with the funds moved to an unknown P2WPKH address. The wallet was created on July 9, 2016, when its holdings were worth approximately $819,500. Its value has now exceeded $100 million.In the first six days of September, nearly 75 Casascius physical Bitcoins were redeemed. On September 3, 14 Series 1 Casascius Bitcoins were redeemed, followed by approximately 15 the next day, and reaching 40 in a single day on September 5.Casascius physical Bitcoins were created by Mike Caldwell between 2011 and 2013, crafted from brass, silver, and gold-plated materials, with digital BTC embedded inside. The so-called "stripping" or "redeeming" refers to removing the coin's hologram sticker and using the private key within to transfer the digital BTC. (Bitcoin.com News)
Jiang Zhuo'er stated that the "magnet effect" was the primary reason he sold his entire Bitcoin position at $82,000 two days ago. He believes that since Bitcoin rallied on August 20, the market has yet to experience a significant pullback, and it remains in the early stages of a bull market characterized by widespread distrust and skepticism, leaving investors concerned about sharp downside moves. According to the heatmap, a larger concentrated liquidation zone exists near $76,000 below, making it more susceptible to being triggered by market movements compared to the $83,000 zone above.
According to on-chain data, 600 BTC worth approximately $48 million were transferred on September 5 from an address dormant for 16 years. The tracking platform Whale Alert confirmed that the funds do not belong to Satoshi Nakamoto.
Crypto analyst Willy Woo stated that Bitcoin last decoupled from the stock market to this extent in 2015, preceding the early stages of the 2017 bull market. He noted that in 2014, stocks continued to climb while Bitcoin experienced a non-correlated bear market; from 2015 to 2016, the stock market remained volatile and weak, whereas Bitcoin entered an uptrend and advanced further after stocks regained strength in 2017. Willy Woo believes the current market structure resembles that period, with Bitcoin’s liquidity steadily increasing while the stock market begins to show signs of fragility.
According to Bitcoin News, U.S. spot Bitcoin exchange-traded funds (ETFs) attracted approximately $3.8 billion in inflows over the past three weeks, marking their strongest three-week performance since 2026 and narrowing year-to-date net outflows to around $1 billion. Last week saw inflows of $986.9 million, with Thursday alone accounting for $730.8 million.
CryptoQuant analyst Darkfost noted on the X platform that the Bitcoin Short-Term Holder Spent Output Profit Ratio (STH SOPR) has recently undergone a noteworthy change. This metric measures profit realization among short-term holders whose holding period is less than six months, and it has now risen above 1 to approximately 1.01, marking the first time in over a year that it has entered profitable territory.
According to monitoring by Ai Yi, ZEC has risen to become the 10th largest cryptocurrency by market cap, with the largest ZEC short position on Hyperliquid currently showing an unrealized loss of approximately $23.57 million. The position belongs to Garrett Bullish (the "1011 Whale" who previously faced a $230 million liquidation), currently holding a 2x short position of 32,759.57 ZEC valued at roughly $38.18 million, entered at $444 with a liquidation price of $2,566. Additionally, they hold a long position of 1,331.88 BTC, which currently shows an unrealized profit of approximately $3.6 million.
Odaily News: Chilean cryptocurrency exchange Orionx has announced it is ceasing operations and suspending user withdrawals. A forensic audit has found that over $7 million in custodial assets were transferred to wallets outside the company's control, resulting in a funding shortfall.Orionx has accused two founding partners, Joaquín Díaz and Roberto Zibert, along with other former employees, of involvement in the related transactions and has filed a report with Chile's National Prosecutor's Office. The complaint alleges the transactions occurred between 2018 and 2021.Chile's Financial Market Commission (CMF) stated that Orionx was not authorized to offer cryptocurrency financial services and that its operations did not comply with the Fintech Law. Orionx has stated that it cannot guarantee users will recover all their funds. (Bitcoin.com News)
According to Lookonchain tracking, 7 miner wallets dormant for 16.5 years showed activity 6 hours ago, transferring a total of 350 BTC worth approximately $28 million. These BTC came from mining rewards in March 2010.
CryptoQuant analyst Darkfost stated that as BTC climbed back to approximately $82,000, Binance Bitcoin futures open interest increased by nearly 8% over the past 24 hours, surpassing $10 billion and reaching a near six-month high. Open interest denominated in BTC also rose to 125,830 coins.
Odaily News: Bitcoin News reported on platform X that US spot Bitcoin ETFs saw $731 million in net inflows, marking the highest single-day net inflow since January 14.
According to Cointelegraph data, the US spot Bitcoin ETF recently recorded strong capital inflows, with cumulative net inflows reaching $3.8 billion over the past three weeks, marking the best performance year-to-date in 2026.
Odaily News: Over the past 18 years, the Bitcoin market has repeatedly seen the narrative of "this time is different," yet the structure of each cycle has largely continued. In 2014, 2017, 2020-2021, and 2024-2025, BTC’s maximum drawdowns were approximately 85%, 84%, 77%, and 53%, respectively, showing a gradual narrowing trend.Alex Thorn, Head of Firmwide Research at Galaxy Digital, released a chart stating that the current BTC drawdown is significantly smaller than those of previous cycles. Analyst Willy Woo noted that as the supply shock from halvings diminishes, Bitcoin may be transitioning from a four-year cycle to a six-to-eight-year cycle, although this assessment cannot yet be confirmed.In previous cycles, gains from the low point to the next all-time high were approximately 580x, 130x, 22x, and 8x, respectively. Analyst James Check pointed out that Bitcoin’s price floor has risen each cycle, while its peak has remained relatively stable. Jesse Myers stated that BTC may have just entered a two-to-three-year bull market. (Bitcoin.com News)
Odaily News, CryptoQuant posted on the X platform that Bitcoin’s recent climb toward the $80,000 mark has been accompanied by notable market activity. Data shows spot trading volume has increased roughly 3 to 4 times compared to earlier levels, with Binance accounting for the largest share.At the same time, whale inflows remain consistently active, with hourly inflows exceeding 2,000 BTC on multiple occasions and the average deposit size per transaction rising above 50 BTC. Additionally, the volume of altcoins deposited into exchanges has also grown by approximately 3 times, indicating that market participation is expanding once again.
QCP Capital 发布的市场周报，美联储主席 Warsh 在杰克逊霍尔发言后，9 月加息概率一度从 35% 升至 70%，BTC 单日下跌约 2.5%，ETF 连续 9 日净流入后录得 2.02 亿美元净流出。但此后美元未能维持鹰派定价，DXY 回落至 99.5 下方，黄金、白银及 BTC 均收复失地。 财政部方面，9 月 9 日将启动首次长端流动性支持操作，购买上限提升至至少 40 亿美元（此前为 20 亿美元）。8 月 30 年期国债拍卖收益率报 5.216%，为 2001 年以来最高，市场将密切关注该操作能否有效改善长端流动性。 通胀层面，7 月 PCE 报 3.7%（核心 3.3%），CPI 报 3.4%（核心 2.5%），布伦特原油因霍尔木兹海峡袭击及卡塔尔 LNG 不可抗力事件单周涨约 10%，通胀压力持续。Waller 表示若未来两周数据延续当前趋势，将支持暂停加息，叠加 ADP 就业数据仅 3.8 万（为 1 月以来最弱），9 月加息概率已回落至 45–50%。
Odaily News, the agent of the “1011 Insider Whale,” Garrett Jin, stated on the X platform that most “traders” missed this Bitcoin rally. When BTC dropped to $76,000, they advised waiting for $75,000, yet Bitcoin successfully held $76,600 and broke through $79,000, while also exploring higher highs. However, it is currently encountering resistance near the $82,500 level. Garrett Jin also noted that these traders are now suggesting taking profits at $85,000, and joked, “I doubt they are actually trading.”
According to data from Trader T, the total net inflow for US spot Bitcoin ETFs on September 3 reached $730.89 million, marking the third-highest single-day net inflow since 2026. Among them, BlackRock IBIT recorded a net inflow of $453.96 million, Ark ARKB saw a net inflow of $137.74 million, Fidelity FBTC had a net inflow of $74.45 million, Grayscale Bitcoin Mini Trust BTC recorded a net inflow of $48.79 million, and Bitwise BITB saw a net inflow of $24.76 million; meanwhile, VanEck HODL experienced a net outflow of $19.58 million, and WisdomTree BTCW had a net outflow of $5.16 million.
Jiang Zhuo'er, founder of Luckeep Mining Pool, announced that he sold his entire BTC position at $82,050. He stated that his decision to short BTC rather than ETH was primarily due to the high volatility in ETH's candlestick charts affecting his trading psychology. Additionally, when ETF funds recorded their first outflow, BTC still rallied to approximately $81,500 at the upper boundary of its consolidation range, which he viewed as a favorable selling opportunity.