News linked to both this project and an event.
CryptoQuant analyst Darkfost pointed out that market attention has significantly intensified this week, primarily driven by the upcoming procedural vote on the CLARITY Act in the U.S. Senate and the Federal Reserve's imminent interest rate decision. Data shows a notable increase in altcoin inflow transactions on Binance, with the 7-day average inflow rising from 8,300 in July to 31,800 currently, up nearly fourfold. Coinbase’s altcoin inflows also increased from 2,200 to 4,700, while Bybit rose to 2,700.
According to Lookonchain, address 0xEe0A has been consistently selling HYPE for profit over the past two weeks, transferring a total of 232,610 HYPE tokens to Bybit and Gate, worth approximately $19.67 million.
Odaily News, according to Onchain Lens monitoring, over the past 4 hours, Galaxy Digital (0x1e4...58C7d) transferred 95,270 HYPE to Bybit and OKX, worth approximately $8.11 million. Among them, 36,420 HYPE was transferred to Bybit, worth approximately $3.1 million; 58,850 HYPE was transferred to OKX, worth approximately $5.01 million.
Odaily News: According to monitoring by on-chain analyst Ai Yi, two wallets suspected to be associated with the Ethena project team (0x2993...7383, 0x969f...16aF) have cumulatively transferred $6.75 million worth of ENA to exchanges since September 3. In the past 15 hours, they deposited 19 million ENA, approximately $3.29 million, into Bybit. Both addresses received tokens from an Ethena multi-signature address two years ago and had not moved them since. Following the recent price increase, they have begun batch deposits.
Odaily News, according to Onchain Lens monitoring, a whale withdrew 97,670 HYPE from four exchanges in the past hour, worth approximately $8.25 million. Among them, 46,000 HYPE was withdrawn from OKX, worth about $3.88 million; 29,000 HYPE was withdrawn from Bybit, worth about $2.45 million; 13,000 HYPE was withdrawn from Kraken, worth about $1.1 million; and 9,670 HYPE was withdrawn from Gate, worth about $816,000.
According to on-chain analyst Ai Yi, an address affiliated with the Ethena project, 0x891…e4041, appears to have cleared its ENA position after being dormant for approximately two years. In July 2024, the address received 14 million ENA tokens transferred from an Ethena multisig address, then valued at approximately $6.89 million at a price of roughly $0.4928. Six hours ago, the address deposited all of its ENA into Bybit. The holdings are currently worth approximately $2.41 million, down roughly $4.48 million from when they were received and a drop of over $8.735 million from their peak.
Odaily Odaily News: Bybit Pay, the payment arm of cryptocurrency exchange Bybit, has integrated with crypto payment infrastructure provider Mesh, allowing users to directly use their Bybit account balances to make payments or top up accounts on Mesh-supported platforms without the need to withdraw or transfer assets first. Merchants can add Bybit Pay as a payment option through existing Mesh integrations and use programmable settlement features to control settlement timing and methods across different markets.Mesh stated that its network is already connected to over 300 wallets, exchanges, and financial service platforms. In January this year, the company completed a $75 million Series C funding round led by Dragonfly, reaching a valuation of $1 billion, with cumulative funding exceeding $200 million. It also plans to expand into markets in Latin America, Asia, and Europe. (Cointelegraph)
Bybit announced the appointment of Sean Ballard as Head of Derivatives and Institutional Business. He will oversee enhancements to Bybit’s trading infrastructure, risk framework, and institutional business capabilities, with responsibilities spanning trading risk and exchange technology domains. According to public information, Ballard possesses over 25 years of experience in global financial markets, with deep expertise in derivatives, high-frequency trading, trading risk, and market structure. Prior to joining Bybit, he held a position at Jump Trading, leading the firm’s high-frequency futures operations in the U.S., Europe, the Middle East, Africa, and Latin America. He also served as a Senior Trader on the Jump Crypto team, spearheading centralized exchange trading initiatives and strategic ecosystem partnerships.
Odaily News: Cryptocurrency exchange Binance recorded $15.7 billion in inflows in August, setting a monthly record and capturing more than 75% of all centralized exchange inflows. During the same period, Bitcoin's price surged over 20% to break through $80,000, driving growth in exchange trading volumes.Binance Research noted that the $15.7 billion figure is approximately 8.4 times that of the exchange with the second-largest positive inflows, with Bybit and OKX ranking among the three exchanges with the highest liquidity concentration. Inflows at smaller platforms were more dispersed.Additionally, Binance faces allegations in the European Union of accepting local users without obtaining a license under the Markets in Crypto-Assets Regulation (MiCA). (Bitcoin.com News)
Odaily News: According to Onchain Lens monitoring, over the past 24 hours, a whale deposited 43,880 ETH into Binance, OKX, Bybit, Kraken, and Gate, worth approximately $108 million. The wallet previously received 51,390 ETH, worth approximately $126 million, from another address that had accumulated ETH from Coinbase Prime.
Odaily News: According to Onchain Lens monitoring, Cumberland (0x040...0f3F) transferred 170,000 HYPE to Bybit and Coinbase, worth approximately $14.09 million, selling on behalf of clients. Some clients unstaked a few hours ago, while others have held for several months.
According to Onchain Lens monitoring, a whale unstaked 90,720 HYPE after four months, valued at approximately $7.59 million, and transferred them to Bybit, seemingly preparing to sell.
According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale address 0x6436 has been continuously accumulating HYPE over the past two days, purchasing a total of 387,952 HYPE worth approximately $31.5 million across platforms including Hyperliquid, OKX, Bybit, and Gate.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), Cumberland transferred 2 million $LIT tokens (worth approximately $6.94 million) to the OKX and Bybit exchanges in four installments on behalf of its clients.
According to BeInCrypto, CryptoQuant data shows that centralized exchange stablecoin reserves fell from a high of about $80 billion at the end of 2025 to about $64 billion, shrinking by about $16 billion (about 20%). Among them, Binance showed relative resilience, with its stablecoin share rising from just over 60% to 68.5%, while platforms such as Coinbase, Bybit, and OKX saw more significant reductions. Meanwhile, on-chain analysis platform Santiment detected that pessimistic sentiments such as "crypto is dead" on X and Reddit continued to intensify, with the Crypto Fear & Greed Index currently at 46, still in the fear zone. The total stablecoin supply also fell from a high of nearly $316 billion in May to $300.89 billion, but the decline was far lower than on the exchange side, indicating that some liquidity may have shifted on-chain rather than exiting completely.
During the event, users who register and trade Bybit Wealth Management Dual Investment products can compete on the leaderboard for generous rewards. Users whose trading volume reaches the "Whale Threshold" can also unlock extra "Critical Hit Rewards," up to 2,500 USDT.
Odaily News: According to Onchain Lens monitoring, the Trump-backed World Liberty Financial team wallet (0xE853...D5743) transferred 39 million WLFI tokens, worth $2.33 million, to Bybit after a 30-day pause. The wallet had received the same amount of WLFI from the WLFI treasury two days prior.
Odaily News, according to Lookonchain monitoring, a wallet address associated with Monetalis transferred 3.72 million UNI to multiple cryptocurrency exchanges via Cumberland within the past 24 hours, valued at approximately $13 million. The transfer involved multiple trading platforms including Binance, Coinbase, Bybit, and OKX.
According to monitoring by on-chain analyst Ember (@EmberCN), market maker Cumberland has successively transferred 3.72 million UNI (approximately $12.63 million) to multiple centralized exchanges including Binance, Coinbase, OKX, and Bybit over the past 23 hours, suspected of distributing positions.
According to the official announcement, Bybit Spot will list KII (KII/USDT) on the spot market at 1:00 PM UTC on August 14. Deposits are now open. Deposits Open: August 13, 10:00 AM (UTC); Trading Starts: August 14, 1:00 PM (UTC); Withdrawals Open: August 15, 10:00 AM (UTC) Kii is a stablecoin-powered, 24/7 on-chain foreign exchange (Onchain FX) infrastructure layer. Kii aims to provide cross-border payments, foreign exchange trading, and financial solutions for enterprises and individual users.