News linked to both this project and an event.
CryptoQuant certified analyst Axel Adler Jr. noted in a post that over the past 24 hours, Bitcoin's price rose slightly by 0.4%, but selling pressure in the derivatives market has significantly intensified. The Bitcoin Derivatives Pressure Index dropped from -25.36 to -60.80, remaining below zero since September 6, indicating that sellers still dominate. Meanwhile, Coinbase continues to trade at a discount relative to Binance, with the latest Coinbase Premium Index at -0.0455% and its 48-hour average at -0.0323%, showing further weakening over the past 24 hours.
Odaily News: According to Darkfost monitoring, this cycle may be the most active one for Bitcoin long-term holders. Related changes can be observed through the CDD heatmap, an indicator that tracks the number of days Bitcoin was held before being spent or transferred. Long-term holders moving Bitcoin is usually associated with an intent to sell. The increased activity among long-term holders in this cycle may be attributed to greater market liquidity brought by spot ETFs and companies building Bitcoin treasury reserves. However, a rise in CDD does not only appear at market tops; it may also reflect capitulation by some holders. Coinbase previously moved 800,000 BTC, a large portion of which had been held for more than 6 months. Such asset migrations can also cause a short-term spike in CDD, but they are sporadic events. Currently, with Bitcoin's recent rally, long-term holder activity has increased slightly, possibly because some holders are looking to take quick profits; but overall, related activity in 2026 remains fairly quiet, with long-term holders still waiting.
Odaily News: Coinbase currently stakes approximately 24 million SOL, valued at approximately $2.45 billion at a price of $101 to $102. The Solana Foundation's staking withdrawal authority holds approximately 23.7141 million SOL, valued at approximately $2.42 billion, and this authority can control funds spread across hundreds of staking accounts.Binance BNSOL Pool holds approximately 10.3905 million SOL, valued at over $1 billion; Jito staking pool holds approximately 10.2725 million SOL, valued at approximately $1.05 billion. After users deposit SOL, they can respectively receive BNSOL or JitoSOL liquid staking tokens.Four unidentified addresses collectively control over 20.6 million staked SOL, valued at approximately $2.1 billion. One of the addresses holds 5.6175 million SOL, while the other three addresses respectively hold 5.0034 million, 5.0024 million, and 5.0024 million SOL. (Bitcoin.com News)
according to on-chain analyst Ai Yi's monitoring, between August 18 and September 4, a certain address appears to have taken profit on 81,250 VVV, with an estimated gain of $588,000. The address had chased the rally by buying 181,250 VVV at an average price of $16.69, with an average withdrawal price of $16.69; 9 hours ago, the address deposited 44.8% of its holdings to Coinbase, while the remaining holdings still have unrealized gains of $747,000, bringing the total profit to $1.335 million.
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.
Odaily News: DeFi researcher Ignas posted on X platform stating that current stock and Meme coin narratives essentially depend on trading volume and transaction fees to function. If trading volume dries up, rewards and buybacks will also disappear, thereby weakening token-holding incentives and ultimately leading to sell-offs.He cited examples: STONK, PONS, and CASHCAT all use platform fees for token buybacks or burns; INDEX uses transaction fees to purchase tokenized stocks; ZCAT funds ZEC rewards through transaction taxes. Additionally, SHROOM reinvests fees generated by the LP network back into liquidity.Ignas used Coinbase's previous cycle as an example, noting that its quarterly trading volume dropped from $547 billion in Q4 2021 to $145 billion a year later, a decline of approximately 74%, and pointed out that Meme coin trading volume could see an even more pronounced drop after the hype fades. Therefore, directly extrapolating these projects' annual revenue or yield rates based on current high trading volume and fee levels may overestimate their sustainability.
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 Onchain Lens monitoring, a whale has again deposited 620,400 LINK, worth approximately $7.6 million, into Coinbase. Over the past three weeks, this whale has transferred a total of 2.41 million LINK, worth approximately $26.04 million, to Coinbase. These LINK were previously accumulated from Binance.
Odaily News: According to Onchain Lens monitoring, a whale withdrew 62,410 HYPE from Coinbase in the past 4 hours, worth $5.27 million; over the past week, the whale withdrew a total of 110,370 HYPE from Coinbase, worth $9.09 million.
Odaily News According to on-chain analyst Ai Yi's monitoring, Multicoin Capital has reportedly sold HYPE worth $112 million since July 28, with an estimated profit of $64.08 million, representing a return rate exceeding 134%. Between January and July of this year, the entity built a position of 4.95 million HYPE tokens from Galaxy Digital at an average price of $32.32, and subsequently appears to have taken profits in batches on exchanges. Its most recent deposit to Coinbase occurred 3 hours ago, involving approximately 150,000 HYPE tokens valued at $12.78 million.
Odaily News – In the latest weekly report, Garrett Jin, agent for the “1011 Insider Whale,” stated that despite oil prices rising to around $95 this week, the 10-year U.S. Treasury yield breaking above 4.8%, and market expectations for a September Fed rate hike climbing to approximately 70%, Bitcoin has held its key support at $76,600 and has since recovered to above $77,000.Garrett noted that the $75,000 to $80,000 range has formed a substantial new cost basis, providing firmer support for the market. If Bitcoin closes above $82,500 on the daily chart and subsequently holds around $80,000 during a pullback, it would signal that the market is absorbing selling pressure and gearing up for further strength. Conversely, if the daily close falls below $76,600—accompanied by weakness in at least two of the following metrics: ETF flows, Coinbase premium, and 7-day net realized profit/loss—it would constitute a clearer downside warning.On the capital front, U.S. spot Bitcoin ETFs saw net inflows of approximately $3.5 billion in August, but September opened with two-way flows, recording net outflows of around $237 million on Tuesday. Garrett believes that Bitcoin holding key support amid heightened macro rate pressures suggests recent spot demand is not entirely driven by short-squeeze dynamics. He maintains a constructive outlook for Bitcoin's performance toward year-end, though he notes that future trajectory will depend on whether U.S. Treasury yields can halt their sustained upward trend.
Odaily News: According to on-chain analyst Ember's monitoring, a whale/institution accumulated and staked 2.886 million HYPE at an average price of approximately $19.8 early last year, and completed its full liquidation over the past month at around $64.9, realizing a profit of $132 million—a return rate of 228%. 20 minutes ago, the address transferred its final 969,000 HYPE, worth approximately $79.18 million, to Coinbase Prime and FalconX.
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
According to Onchain Lens, Multicoin Capital has transferred an additional 63,200 HYPE to Coinbase, worth approximately $5.23 million. Since the update yesterday, it has cumulatively transferred 261,600 HYPE to Coinbase, valued at around $21.72 million.
Odaily News - According to on-chain analyst Yu Ying's monitoring, Multicoin Capital (0xA9D...a642F) has continued to transfer 261,000 HYPE, worth $21.7 million, to Coinbase Prime over the past 9 hours. Multicoin Capital redeemed 1.97 million HYPE from staking at the end of July, of which 1.551 million HYPE, worth $114 million, have been gradually transferred to Coinbase Prime over the past month, with an average transfer price of $73.
Coinbase Markets announced that it will support Cluster Protocol (CP). In regions where trading is supported, users can currently generate a CP deposit address through Coinbase; however, deposits remain temporarily unavailable until the project team unlocks CP transfers.
According to on-chain analyst Ai Yi (@ai_9684xtpa), amid improving market conditions, a new address, 0x980…19c9D, withdrew 44.19 million $ENA from Coinbase four hours ago, worth approximately $6.82 million, and staked all the tokens into the Ethena protocol three hours later.
According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0x008…E295f accumulated 280,000 HYPE between June 11 and August 13 at an average price of approximately $64.5, with a total cost of around $18.06 million. Four hours ago, the address made its first deposit of 88,216 HYPE (approximately $7.23 million) to Coinbase. Selling at this point would yield a return of roughly 27%, resulting in an estimated profit of $1.538 million. The address currently retains approximately 190,000 HYPE that have not yet been moved.
According to on-chain analyst Ember (@EmberCN), a suspected institutional address is gradually transferring approximately 154,300 ETH (worth roughly $378 million) to exchanges for sale. Over the past day, it has already transferred 52,739 ETH (approximately $129 million) to six CEXs including Binance and OKX, leaving 101,561 ETH (about $249 million) currently in the address. It is reported that the aforementioned ETH was withdrawn from Coinbase at an average price of around $1,700 between 2021 and 2022, staked in Ethereum in 2023, redeemed in January 2025, and then consolidated into two wallets. Recently, it has begun transferring funds sequentially to multiple CEXs.
According to Lookonchain data, Bitcoin mining company Metaplanet transferred 2,400 BTC, worth approximately $186 million, to Coinbase Prime over the past three hours. The institution had previously purchased 43,000 BTC at an average price of $96,191, totaling approximately $3.48 billion.