News linked to this event type.
Odaily News - CryptoQuant analyst Darkfost stated on the X platform that on August 1, short-term holders (STH) transferred over 32,000 BTC to exchanges, with all of these bitcoins being sold at a loss. This event became one of the largest loss-making sell-offs by short-term holders in the past 30 days. He noted that market chips are shifting from more conviction-driven long-term holders to short-term holders.
Odaily News: In the Coldcard security incident involving hardware wallet company Coinkite, the amount of stolen bitcoin has risen to approximately 1,359.882 BTC. According to statistics from the Coldcard Sweep Watch dashboard, most of the identified bitcoin remains in a small number of addresses controlled by the attacker. On August 1, one of the attacker's holding addresses received a transaction containing an OP_RETURN message. The message publicly offered a 10% fee for "washing" bitcoin, KYC assistance, and withdrawal services for stolen funds, along with a Telegram contact. Coinkite has released an urgent firmware update to fix the weak random number generation issue that caused the original vulnerability. The company stated that the new firmware only protects wallets created in the future and cannot fix seeds already generated on affected versions. Some users have reported that after installing the update, their devices remain stuck on an error screen, fail to boot, or appear bricked. This mainly affects Mk4 and Q devices, though some Mk3 users have also reported similar issues. As of August 2, Coinkite has not publicly confirmed a widespread firmware defect.
Odaily News: Analyst “AntiFragile” stated on Platform X that Bitcoin’s (BTC) order book currently shows strong buyer support, with a significant number of patient buy orders concentrated in the range 2%-20% below the current price.AntiFragile noted that these buy orders began appearing as early as early June, representing passive buying demand positioned in advance. If BTC’s price pulls back into these zones, these orders are expected to act as a buffer, reducing market volatility. The current order book structure indicates that some investors are waiting for lower entry prices rather than buying into the uptrend. These long-standing orders may serve as potential support in the event of short-term market corrections.
Odaily News On-chain analytics firm Glassnode stated that the yield on Bitcoin's three-month futures basis has remained below the yield on the U.S. two-year Treasury note since February this year, a trend that has now persisted for several months.Glassnode pointed out that there has only been one similar instance in history where the duration of this condition came close to the current one, namely the period from August 2022 to January 2023, which ultimately corresponded to the low point of the previous market cycle.The firm stated that the prolonged slump in the futures basis not only reflects weak market demand for leverage but also directly impacts the overall depth and trading volume of the market.Analysts believe that the futures basis is typically used to gauge market risk appetite and demand for arbitrage funds. When the basis yield falls below the risk-free rate, it implies that investors are earning insufficient additional returns for the risk taken by holding Bitcoin futures, which may lead to reduced capital inflows into the futures market, thereby affecting liquidity and trading activity.
Bloomberg Senior ETF Analyst Eric Balchunas commented on the Coldcard wallet security incident, questioning whether a company with only about 5 employees is suitable to undertake such critical Bitcoin storage responsibilities. He stated that the number of employees behind Coldcard "seems unbelievably low," asking whether people would be willing to store their life savings in a bank with only 5 employees headquartered in Canada. In the crypto industry, this might be viewed as a feature, but from a traditional finance perspective, it becomes a clear risk signal. Balchunas further stated that, in comparison, institutions with larger teams such as Coinbase and Ledger may hold advantages in security investment and operational capabilities, even if users need to bear higher transaction costs. Bitcoin ETFs offer another option: investors can obtain the security guarantees provided by large, professional, regulated financial institutions while also enjoying lower management fees.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a wallet address that built an ETH position at $2,459 in 2024 and exited at $3,159, profiting $700,000 from ETH swing trading, has re-entered the market after two years. Half an hour ago, the address withdrew 3,500 ETH worth $6.495 million from Binance at a price of $1,856 per ETH.
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale withdrew 20,000 HYPE from Coinbase an hour ago, worth $1.03 million. Since June 11, this whale has withdrawn a total of 240,000 HYPE from exchanges, worth $15.88 million, with an average withdrawal price of $66.17, and is currently facing a floating loss of $3.53 million.
Galaxy 研究主管 Alex Thorn 发文表示，围绕 Coldcard 钱包的攻击事件仍在持续发展，目前已经出现更多小型攻击者和模仿者，针对剩余 Coldcard 助记词展开攻击，他称通过协助已确认一名攻击事件中存款用户的身份，相关资金在 Duel 平台能够冻结之前已经被转出，而且涉及的资金并不属于 Galaxy Research 此前识别出的三轮主要攻击浪潮。 此前，Coldcard 疑似安全事件引发市场关注，多名研究人员发现部分由 Coldcard 生成的钱包地址出现异常资金转移。Galaxy Research 仍在持续追踪攻击地址，并提醒仍使用相关钱包种子的用户尽快采取安全措施。此次事件也进一步凸显了硬件钱包安全、私钥管理以及自托管风险防范的重要性。
Odaily News: Bitcoin price has come under renewed pressure, slipping to a two-week low amid late-July volatility, with market attention focused on whether it may extend declines toward the $62,000 zone. Analysts noted that during periods of sharp fluctuations in South Korean equities, trading activity in the crypto market increased noticeably, signaling a growing correlation between cryptocurrency liquidity, regional stock positioning adjustments, and overall sentiment in the tech sector.Despite Bitcoin's relatively strong performance in July, traders are warning that August could see a repeat of the bear-market dynamics seen in 2022. Data shows BTC/USD finished July trading up approximately 8.5%—its strongest July performance since 2022. Some traders anticipate the rebound could extend into August, and drawing parallels with the 2022 bear-market cycle, they suggest the market may go through a phase of recovery before establishing a longer-term bottom.
Odaily News: Affected by a sharp decline in artificial intelligence (AI)-related stocks, investment firm Situational Awareness suffered a severe drawdown in July, with the fund's net value falling 67% in a single month. Aschenbrenner previously gained attention for publishing the research report "Situational Awareness: The Decade Ahead" on AI development trends, which discussed topics such as AI capability advancement, industrial competition, and AI safety over the next decade. This significant fund drawdown also highlights the challenges facing AI-themed investing: even with a long-term bullish view on technological transformation, concentrated bets on a few high-growth tech assets can still lead to剧烈 short-term volatility.The fund's founder and AI researcher Leopold Aschenbrenner acknowledged that market performance in July fell far short of expectations and said in a letter to investors: "We let you down."The Situational Awareness fund previously attracted attention for its bets on long-term AI industry growth, with an investment strategy focused on AI infrastructure, AI chips, and related technology companies. However, the AI sector underwent significant adjustments in July, with high-valuation tech stocks facing sell-offs that dragged down the fund's performance.This drawdown reflects the high volatility risk within the AI investment boom. Although the market remains optimistic about the long-term development of artificial intelligence, some AI-related assets that had previously seen rapid valuation gains underwent noticeable corrections amid changes in interest rates, earnings expectations, and capital flows. (Cointelegraph)
as the suspected hacking incident involving Coldcard wallets continues to unfold, Bitcoin small-value transfers have surged significantly, reaching their highest level since the FTX exchange collapse, reigniting market discussions on Bitcoin self-custody security.Julio Moreno, Head of Research at CryptoQuant, disclosed data on X platform showing that the number of on-chain Bitcoin transfers below 1 BTC has risen to its highest level since November 2022, with approximately 39,600 BTC transferred in a single day—only about 300 BTC below the record of 39,900 BTC set on November 16, 2022, just days after FTX filed for bankruptcy. He believes that users proactively taking action to address risks is a positive signal. Additionally, Eric Balchunas, Senior ETF Analyst at Bloomberg, noted that Bitcoin ETFs, backed by a mature regulatory framework and convenience, may offer some users a safer investment approach.However, industry insiders point out that the Coldcard incident more likely reflects issues with a single wallet provider or specific security processes, rather than indicating a failure of the entire Bitcoin self-custody system. This event once again highlights the importance of security awareness, risk diversification, and wallet usage habits in personal asset management.
Odaily News - South Korea's financial regulatory authorities are pushing forward with amendments to the Capital Markets Act, planning to grant regulators "emergency intervention powers" to directly implement market stabilization measures during periods of severe stock market volatility. The Financial Services Commission (FSC) has initiated related legislative revisions together with the Financial Supervisory Service (FSS), focusing on single-stock leveraged ETF products that are believed to have amplified volatility during the recent market plunge. Proposed measures include adjusting leverage multiples and setting investment caps.Currently, certain single-stock leveraged ETFs in the Korean market employ leverage of up to 2x. Regulators are discussing whether to allow temporary reductions in leverage multiples during abnormal market fluctuations to mitigate risks arising from concentrated fund trading. This approach draws on recent regulatory measures in Hong Kong. The Securities and Futures Commission (SFC) of Hong Kong has previously permitted institutions that meet asset management capability, risk control standards, and disclosure requirements to adjust the multiples of listed leveraged and inverse products, providing room for dynamic market oversight.Korean regulators believe that under the current system, matters involving changes to return structures may require approval from fund holder meetings, making it difficult to meet the need for rapid response in extreme market environments. Therefore, they plan to establish an emergency regulatory mechanism that can be activated without complex procedures. Additionally, Korean financial regulators are considering: setting individual investment limits on single-stock leveraged ETFs, capping investment limits uniformly at approximately 20% to prevent excessive capital concentration, and introducing a simulation-based trading system to enhance investors' understanding of risks associated with leveraged products.Korean regulators stated that raising the basic margin requirement primarily raises the investment threshold, while investment limits function as a "cap" on capital inflows. Together, the two measures will form a complementary risk control system.Previously, starting July 31, South Korea raised the minimum margin requirement for investors in single-stock leveraged ETFs from 10 million Korean won to 30 million Korean won. Data shows that on the first day of the new rule's implementation, the trading volume of 16 related leveraged ETFs stood at approximately 3 trillion Korean won, only about one-fourth of the 12.4 trillion Korean won recorded the previous trading day and down roughly 80% from the 15 trillion Korean won level on July 29. (NATE)
Odaily News - Analyst qinbafrank disclosed that U.S. ETF manager Roundhill made significant adjustments to its DRAM-themed fund this week, reducing its stake in Samsung Electronics while simultaneously buying into ChangXin Memory Technologies (CXMT), marking the first time a Chinese memory chip leader has entered a mainstream U.S. DRAM investment product. On Tuesday and Wednesday of this week, Roundhill cumulatively purchased 65 million shares of CXMT, rapidly lifting CXMT's weight in the DRAM ETF to 2.47%. Meanwhile, Roundhill reduced its Samsung Electronics holdings by approximately 1 million shares per day from Monday to Wednesday, selling a total of 3 million shares over the three-day period.
据链上分析师 Onchain Lens（@OnchainLens）监测，与特朗普家族支持的 World Liberty Financial 相关联的财务公司 ALT5 Sigma 将 18.15 亿枚 $WLFI（约 9977 万美元）转移至一个新地址。转移后，ALT5 Sigma 仍持有 50.9 亿枚 $WLFI，价值约 2.82 亿美元。
Odaily News: According to Onchain Lens monitoring, a Hyperliquid trader's long position of 47,610 BRENTOIL was liquidated 4 hours ago, resulting in a loss of $277,600. The trader had another BRENTOIL liquidation 6 days ago, losing $288,500. The two losses combined total $566,100, bringing the trader's historical cumulative losses to $2.86 million.
Odaily News Crypto analyst Killa posted on X, stating that as BTC enters a new monthly cycle, a relatively clear bearish narrative has formed in the market. Therefore, the likelihood of an upward reaction at the start of the month is relatively high. The analyst noted that BTC is currently still in a consolidation range and is near the bear market low. Two possible scenarios may follow: first, a further decline breaking below $57,000 to complete the final pullback; second, an upward breakout starting this month, continuing the range-bound trend. Personally, the analyst leans toward BTC seeing an upward reaction of about 2%–4% at the start of the month, but does not rule out the possibility of continued downside afterward.
Odaily News: Domestic stablecoin funds in South Korea continue to flow to overseas exchanges. Data from the Financial Supervisory Service shows that in June 2026, the volume of stablecoins transferred from South Korea's top five crypto exchanges to overseas exchanges reached 2.7625 trillion KRW, while inflows amounted to 2.2022 trillion KRW, resulting in a net outflow of approximately 560.3 billion KRW (around $367 million).Data indicates that from January 2025 to June 2026, net outflows of stablecoins to overseas exchanges have exceeded inflows for 18 consecutive months. In the second quarter of this year, South Korea's net stablecoin outflow reached 1.6872 trillion KRW, while during the same period, net selling of overseas stock investments totaled 1.6185 trillion KRW. Analysts believe that stablecoins flowing overseas are primarily used for cryptocurrency derivatives unavailable on domestic exchanges, spot and futures products related to Korean stocks, as well as services such as RWA and DeFi.A South Korean lawmaker stated that capital outflows and high-leverage trading overseas have increased risks for investors, and the government needs to strengthen related regulations and protective measures. (Yonhap)
Odaily News: On-chain analyst Ai Yi posted on the X platform that the first pure-play storage ETF in the U.S. stock market, the DRAM Memory ETF, has included CXMT. The ETF was established on April 2, 2026, with a scale of $24.55 billion. Its return rate once reached 190%, and after the pullback in the storage sector, it still stands at 161.5%. Samsung, Micron, and SK Hynix together account for over 73% of the weight. Following GigaDevice, the ETF has again included a leading A-share storage company, with CXMT holding a weight of 2.52%.Since its listing on the STAR Market, CXMT's market value has remained above 3 trillion yuan and briefly exceeded 4 trillion yuan. Starting next Monday, it will exit the no price-limit phase and enter the regular trading stage.
Odaily News: According to on-chain analyst Ai Yi's monitoring, the LAB insider address (0xBCF...688) has once again transferred assets to an exchange after a three-week pause. Nine hours ago, it deposited 5.8 million LAB into KuCoin, valued at $834,000. The deposit price was $0.1439, after which the LAB price continued to decline over the following hour and a half, briefly dropping to $0.1273—a decrease of 11.5%. The entity still holds 74.7 million LAB, valued at $10.11 million.
Galaxy Research stated in a post on X that the attack targeting wallet addresses generated with weak randomness by Coldcard is still ongoing. The team urges users to immediately migrate funds from affected Coldcard single-signature wallets to secure addresses.They stated that approximately 600 suspected attacker addresses have been submitted to federal investigators, industry compliance bodies, and cross-industry cybersecurity investigators. These addresses are believed to hold funds stolen from Coldcard wallets with weak randomness.The team also noted that victims have proactively shared wallet addresses and transaction hashes, helping researchers establish on-chain attack patterns and further identify more affected wallets and attack addresses. Currently, multiple parties within the Bitcoin and crypto industry are assisting in user asset protection and attack tracing efforts.Galaxy Research previously stated in a post on X that a third wave of attacks suspected to target Coldcard-generated addresses has emerged, with 207.7294 BTC already transferred out. According to on-chain tracking data, the Coldcard wallet attack incident has so far involved approximately 1,367.05 BTC, valued at approximately $88.6 million, affecting 4,585 addresses.