News linked to this event type.
According to CryptoQuant on-chain data, total institutional BTC holdings, including trusts, ETFs, and closed-end funds, have decreased from 1.33 million BTC three months ago to 1.2 million BTC, a decline of approximately 10%. Meanwhile, the corporate Bitcoin treasury model is also facing pressure. Novaque Research analysts pointed out that the market cap of multiple Bitcoin treasury companies has currently fallen below the net asset value (NAV) of their BTC holdings, and the previous positive cycle mechanism of "stock price premium → financing to buy BTC → strengthening premium" has significantly weakened. The listed company with the largest holdings, Strategy, even sold 1,638 BTC last week.
Odaily Odaily News: Wall Street investment firm Bernstein has reaffirmed its "Outperform" rating on stablecoin issuer Circle Internet Financial, maintaining a $140 price target.Bernstein stated that Circle's second-quarter performance effectively addressed previous market concerns regarding intensifying stablecoin competition and the growth potential of reserve asset income. Analysts believe that Circle's expanding partnerships, regulatory licensing progress, and the upcoming Arc blockchain project will bring new revenue streams to the company—growth drivers that are not yet fully reflected in current market expectations.As the stablecoin market continues to expand, Circle is expected to further broaden its business model through payment infrastructure, on-chain financial services, and ecosystem collaborations, with its future growth potential still underestimated by the market. (The Block)
Odaily News According to Arkham monitoring, BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), has recorded net capital inflows for multiple consecutive trading days this week, with investors increasing their Bitcoin holdings every day.Data shows that as of now, IBIT has purchased approximately $478.5 million worth of Bitcoin this week.Market analysts believe that the continued inflow of institutional capital into spot Bitcoin ETFs reflects the growing demand from traditional investors for digital asset allocation. As one of the world's largest asset management companies, the capital movements of BlackRock's IBIT are also regarded as an important indicator for measuring institutional investor participation in the Bitcoin market.
Odaily News: Blockchain data analytics platform Arkham has announced support for the x402 standard, developed by Coinbase and governed by the Linux Foundation, enabling AI Agents to make real-time payments in USDC when calling Arkham APIs.Arkham stated that by combining Coinbase Agentic Wallet with the Arkham API, traders can allow AI Agents to automatically track fund movements of large on-chain holders, identify whale accumulation or distribution behavior, and analyze changes in wallet fund flows in real time.
According to CoinDesk, Bitcoin's 30-day implied volatility has fallen to the 36% long-term support bottom, with prices trading in a narrow range below $65,000. Adam Haeems, Head of Asset Management at Tesseract Group, warned that in a low-volatility environment, declining trading costs actually attract traders to establish large-scale directional bets and hedge positions. Once the market breaks through key levels, market makers' passive hedging will accelerate price volatility, leading to a mean-reverting rebound in volatility. Regarding market sentiment, Paul Howard, Senior Director at Wincent, pointed out that current demand for put options has significantly weakened, but call option buying is also absent—Glassnode describes this as "no one is paying for upside, and no one is paying for downside," believing this is typically a signal that the market is approaching a cycle bottom. The divergence in price trends between DOGE and BTC also confirms the continued absence of speculative sentiment. Howard stated that the next significant catalyst could be institutional ETF fund inflows driven by positive regulatory developments such as the Clarity Act, while a breakdown in Strait of Hormuz negotiations and inflation shocks constitute major downside risks.
Odaily News: CryptoQuant analyst Darkfost posted on platform X, stating that the cumulative trading volume of the Trump family-linked stablecoin USD1 on Binance has surpassed $50 billion. Data shows that since its launch over a year ago, USD1 has experienced rapid growth in trading scale. The stablecoin was launched by World Liberty Financial in March 2025, a project co-founded with the participation of the Trump family. USD1 is primarily backed by U.S. dollars and short-term U.S. Treasury assets, and adopts an institutional-oriented compliance framework. Currently, the market cap of USD1 has exceeded $4 billion.
Odaily News: According to Lookonchain monitoring, a trader who previously spent $791,000 to buy 13.14 million CASHCAT tokens now holds a position worth $1.75 million, with a profit of $956,000. Another trader also spent 519 ETH, worth $985,000, to buy 9.96 million CASHCAT tokens 12 hours ago.
According to on-chain analysis platform Lookonchain (@lookonchain), whale address 0x1A72 withdrew 10,500 ETH from OKX in the past hour, valued at approximately $20.06 million.
According to monitoring data from on-chain analytics platform Santiment, PEPE's single-day exchange net outflow reached 4.54 trillion tokens, marking the largest single-day outflow record since November 14, 2024. A large volume of tokens is being transferred from trading platforms to private wallets, significantly contracting the circulating supply available for immediate selling. Meanwhile, Nansen data shows that PEPE's top 100 holding addresses cumulatively increased their holdings by 6.07% over the past 30 days, with total holdings rising to approximately 85.97 trillion tokens; Smart Money addresses holdings surged by 307% during the same period, making the trend of supply concentrating towards long-term holders increasingly evident.
Odaily News: A short-term trader focused on ETH shorts had one loss and one win today: this morning, shorting 1,780 ETH resulted in a loss of $14,000, while this afternoon, shorting 2,540 ETH brought a profit of $281. Since July 27, the trader has executed 27 short positions, with 22 wins and 5 losses, achieving an 81.5% win rate and total profits of $877,000.
The Kite Foundation stated that it detected attacks targeting KITE tokens. After the security system discovered abnormal KITE token transfer activity on the Ethereum mainnet, the team immediately initiated the incident response mechanism and suspended KITE token transfers and cross-chain bridging on the Ethereum mainnet. The Foundation stated that the affected tokens have been frozen in place, cannot be transferred, and will not flow into the secondary market. Currently, the scope of the incident is limited to the Ethereum mainnet, and the relevant tokens have not moved since then.
According to Lookonchain monitoring, two wallet addresses sold 729,015 Uniswap tokens today, with a total value of approximately $3 million, and swapped them for 1,578 ETH. Lookonchain stated that these two addresses may belong to the same whale.
According to the Financial Times, impersonation scams targeting crypto users have increased after the transition period of the EU Markets in Crypto-Assets Regulation (MiCA) ended on July 1. Scammers impersonate staff from the European Securities and Markets Authority (ESMA), the French Financial Markets Authority (AMF), or exchanges, using the pretext that platforms are unlicensed or assets require urgent migration to induce users to transfer assets to fake websites or wallets.
According to Trader T, US Ethereum spot ETFs recorded a net inflow of $60.86 million yesterday. Among them, BlackRock's ETHA ranked first with a net inflow of $50.34 million; BlackRock's Staked ETHB saw a net inflow of $4.94 million, Fidelity's FETH $2.87 million, Bitwise's ETHW $1.37 million, and 21Shares' TETH $1.34 million.
According to Trader T data, the total net inflow for US spot Bitcoin ETFs yesterday was $244.42 million. Among them, BlackRock IBIT ranked first with a net inflow of $196.83 million; Ark ARKB had a net inflow of $37.63 million, Fidelity FBTC $11.28 million, Bitwise BITB $10.56 million, and Morgan Stanley MSBT $2.79 million.
According to monitoring by the BlockFlow KOL opinion aggregation platform, the crypto token $CASHCAT has garnered consistent bullish sentiment over the past 24 hours, with core arguments focusing on three aspects: Hyperliquid short positions awaiting liquidation, Robinhood ecosystem support, and whale accumulation.
Squid (QUID) launches on Bitget PoolX. Users can stake XAUT and QUID to share an airdrop of 860,000 QUID. Among them, the XAUT staking pool has a total airdrop of 780,000 QUID, with a per-user staking limit of 300 XAUT; the QUID staking pool has a total airdrop of 80,000 QUID, with a per-user staking limit of 5,000,000 QUID. The staking period runs from August 5 to August 12. Additionally, users with a positive net XAUT deposit amount during the event can receive a 3% XAUT Earn interest rate boost voucher after the event concludes. Users participating in PoolX for the first time who also meet the net deposit condition can also receive a 12% APR XAUT interest rate boost voucher. For more details, please refer to the official Bitget platform.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a short-term trader specializing in ETH shorts has once again opened a 10x short position on 1,780 ETH 15 minutes ago, with a position value of $3.37 million and an entry price of $1,895.1. Their recent short-term trading win rate stands at 81%.
According to on-chain analyst Ai Yi (@ai_9684xtpa), over the past 5 hours, address 0x8c5…A04b1 received 10,000 Ethereum from Galaxy Digital, valued at approximately $19.1 million at current prices. Since July 23, this address has accumulated 37,000 Ethereum, with a total value of approximately $71.13 million, an average withdrawal price of about $1,922.5, and an estimated unrealized loss of approximately $908,000 at current prices.
According to TechFlow Research, Goldman Sachs' August 3 position tracking report shows that the volume of long sales for global information technology stocks last week reached the highest level since 2014, with the total selling volume over two consecutive days ranking second highest in nearly a decade. Hedge funds' total leverage gave back half of its year-to-date gains, and net leverage turned negative year-to-date. Retail margin balances in South Korea and Japan began to reverse after reaching historical extremes, while US retail investors are also reducing semiconductor stock holdings. Speculative net shorts in VIX futures have largely been cleared. Goldman Sachs believes the intensity of deleveraging may have peaked, but the inertia of capital outflows persists. Individual stock implied volatility rose to the highest level since 2020, index correlation fell to low levels, and the market is shifting from trading the AI sector broadly to differentiated pricing of individual stocks. Bond funds and money market funds are the main drivers of capital inflows this year; equity funds saw inflows of $34 billion in July, with an absolute scale far smaller than that of the bond market. Goldman Sachs judges that the stock selection environment is improving, but sector beta trading still faces pressure.