News linked to this event type.
Glassnode's latest weekly report points out that after Bitcoin fell below $60,000, market sentiment remains suppressed by continuous net outflows from US spot Bitcoin ETFs, defensive options hedging, and expectations of macro tightening. However, on-chain data shows that long-term holders have resumed accumulation, with multiple wallet size groups absorbing supply simultaneously, indicating that some high-conviction capital is gradually absorbing selling pressure.
According to Hyperinsight monitoring, Micron Technology was affected by last night's selling pressure and once fell to near $950. After a slight rebound this morning, MU on Hyperliquid is currently quoted at $1012, with prices remaining generally stable during pre-market hours. Currently, open interest for this asset has reached $230 million, 24-hour trading volume has risen to $460 million, and funding rates indicate the market remains overall bearish.
CryptoQuant analyst IT Tech stated that data shows the altcoin market, excluding Bitcoin and Ethereum, continues to be under pressure. The cumulative buy-sell volume difference for altcoins in June has touched an extreme low not seen in nearly five years and is currently probing further lower, reflecting that the spot market remains dominated by continuous net selling. Since retreating from the highs in early 2025, selling pressure has not eased significantly, and the market has not yet shown clear signs of stabilization.
据链上分析师 Ai 姨（@ai_9684xtpa）监测，地址 0xa2 开头的聪明钱此前通过做多 $SKHX / $MU / $INTC 获利 415 万美元后，于 7 月 1 日转向做空，开启美光（MU）/ 海力士（SKHX）/ 闪迪（SNDK）/ 英特尔（INTC）/ BTC 一揽子空单，总持仓超 3,490 万美元。 今日凌晨，该地址已全部平仓止盈，累计获利超 272.7 万美元，其中美光空单更精准止盈于反弹前。近 30 天多空两轮操作总盈利超 529.3 万美元。
According to on-chain analysis platform Lookonchain (@lookonchain), a newly created wallet address just withdrew 733 BTC from Binance, worth approximately $45.18 million.
According to monitoring by on-chain analyst Ai Yi, a number of smart money addresses are trading volatile and altcoins on Aster. Details are as follows:A whale opened a 1x short position on ESPORTS worth $9.58 million, which has now yielded an unrealized profit of $5.005 million.Addresses 0x2d4 and 0x961 opened 2x short positions on GUA worth $547,000, with profits exceeding $1.29 million, representing a return rate of 235%.Addresses 0x2A3 and 0x134 opened long positions on SYN worth $1.5 million and $504,000 respectively, with unrealized profits of $174,000 and $435,000 so far.
10x Research published an analysis noting that US employment data stronger than expected temporarily caused Bitcoin price volatility, and ETF fund outflows also exacerbated selling pressure. However, active buying from long-term holders helped form price support for the market. Meanwhile, weak employment data also led the market to delay its expectation for the next rate hike from October 2026 to December, providing certain support for Bitcoin's short-term trend. 10x Research added that historical data shows July has always been a month where Bitcoin performs relatively strongly, with an average gain of 9.1%. However, the market usually enters a consolidation phase from August to September, and September might become the low point of this cycle. Bitcoin recently rebounded from $58,500 to $61,500, which may be providing new positioning opportunities for traders.
According to on-chain analyst Maartunn (@JA_Maartun) based on CryptoQuant data monitoring, since June 29 (Monday), a total of 113,483.30 BTC (approximately $6.97 billion) have been transferred on-chain. All transferred coins have a coin age exceeding 3 months, of which 22,921.26 BTC (approximately $1.41 billion) came from long-term addresses holding for over 2 years.
The Securities and Futures Commission of Hong Kong released the "2025 Asset and Wealth Management Activity Survey", which shows: 1. Hong Kong's total assets under management in 2025 increased by 20% year-on-year to a historical high of 42.2 trillion HKD (5.4 trillion USD), with part of the growth momentum coming from net fund inflows, which surged 193% year-on-year to 2.1 trillion HKD (265 billion USD), marking the third consecutive year of increase; 2. Assets under management for asset management and fund advisory businesses increased by 19% year-on-year to 31 trillion HKD (4 trillion USD); 3. Assets under management for private banking and private wealth management businesses increased significantly by 24% year-on-year to 12.9 trillion HKD (1.7 trillion USD); 4. Net asset value of authorized funds increased by 38% to 2.3 trillion HKD (292 billion USD); 5. Net fund inflows in the asset management and fund advisory business segment surged 330% to 1.38 trillion HKD (177.3 billion USD); 6. The number of institutions licensed to conduct asset management (Type 9 regulated activity) increased by 7% year-on-year to 2,358.
Odaily Odaily reports, according to Lookonchain monitoring, a user mistakenly copied the token contract address as the receiving address when transferring ANSEM, sending 1.34 million ANSEM (worth $226,000) into the contract address, resulting in the total loss of funds.
According to data from Trader T (@thepfund), Ethereum spot ETFs saw a net inflow of $29.1 million yesterday. BlackRock ETHA: +$29.74 million (largest inflow of the day) • VanEck ETHV: +$1.24 million • Fidelity FETH: +$850,000 • BlackRock ETHB (Staking Version): +$20,000 • Grayscale ETHE: -$2.75 million (only product with outflow) • Other products (Bitwise, 21Shares, Invesco, Franklin, Grayscale Mini): No fund changes for the day
According to Trader T (@thepfund) data, Bitcoin spot ETFs recorded a net inflow of $221.72 million yesterday, following 10 consecutive trading days of net outflows. Performance of each product is as follows: • Fidelity FBTC: +$165.96 million (largest inflow of the day) • Ark ARKB: +$91.84 million • VanEck HODL: +$4.35 million • BlackRock IBIT: -$40.43 million (counter-trend outflow) • Other products (Bitwise, Invesco, Franklin, Valkyrie, WisdomTree, Grayscale, Morgan Stanley): No fund changes for the day
WEEX Exchange Announcement: A Coin-Stock Ecosystem Trading Zone event for Physical AI Bot is now launched. Users trading any event tokens (MSFTON, NVDAON, AMDON, QCOMON, TXNON, ADION, SYMON, ISRGON, TSLAON) can participate in sharing a $100,000 reward. Event Time: 7/2 20:00 - 7/12 20:00 (UTC+8). During the event, new users who sequentially complete a net deposit ≥ $100 and make their first spot trade in an event token with trading volume ≥ $10 can receive a blind box worth up to $28; cumulative spot trading volume of event tokens ≥ 200 USDT allows participation in sharing 10,000 USDT bonus based on trading volume ratio. For new and old users, daily event token spot trading volume ≥ $50 is considered a successful check-in; cumulative check-ins of 2 days or more allow participation in sharing a $20,000 prize pool; net buy of event tokens ≥ 100 USDT allows participation in the Net Buy Challenge to share $30,000; cumulative spot trading volume of event tokens ≥ 2,000 USDT allows sharing 20,000 USDT bonus based on trading volume ratio.
据链上分析师 Onchain Lens（@OnchainLens）监测，2 个与加密风投机构 Paradigm（@paradigm）关联的钱包合计质押 100 万枚 HYPE，当前价值约 6,675 万美元。
据链上分析师余烬（@EmberCN）监测，Hyperliquid 上最大标普 500 空头地址"Driscoll_Yewleaf"（0x4ff9）一个月前做空标普 500 指数已亏损约 200 万美元，近日再度出手，以 7,400 美元价格建立价值 4,900 万美元的标普 500 空头仓位。目前标普 500 已涨至 7,494 美元，该仓位再度浮亏约 62 万美元。
According to on-chain analysis platform Lookonchain (@lookonchain), after a certain address 0xe069 created a new wallet, it immediately opened a 20x leveraged SOL long position on Hyperliquid, with a position size of 230,583 SOL valued at approximately $18.81 million. In less than a day, the unrealized profit on this position has reached $818,000, with a current liquidation price of $67.14.
Tom Lee, Chairman of BitMine, said in an interview that he will not set a specific price target for SpaceX because the company's growth is primarily focused on the future. Setting a target now would be equivalent to discounting 20 years of future growth into the present, which amounts to speculation.Tom Lee specifically mentioned the upcoming share unlock. He suggested that original investors are likely to create selling pressure by hedging their positions, but this selling pressure could turn into a good buying opportunity. Tom Lee believes that one should not chase high prices for SpaceX in the short term, and that using the pullback triggered by the unlock to build positions is a suitable strategy.
According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), a wallet suspected to be linked to renowned venture capitalist Tim Draper deposited 1,000 BTC into Coinbase Prime 7 hours ago, valued at approximately $61.82 million, sparking market speculation of potential selling intent. It is reported that Tim Draper purchased approximately 29,656 BTC (all from seized Silk Road assets) at a U.S. Marshals Service auction in 2014 at a price of approximately $632 per BTC, with a total cost of approximately $18.7 million. At its historical peak, this batch of BTC was valued at $3.74 billion, and at current prices, it remains valued at approximately $1.82 billion.
According to The Block, Standard Chartered Bank analyst Geoffrey Kendrick stated that the market is "severely" underestimating the potential for collaborations between Uniswap and high-quality DeFi protocols such as Robinhood, and expects more similar collaborations to materialize within the next few quarters, particularly those centered around Uniswap.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has recently significantly increased BTC and SOL long positions, currently holding 1,072 BTC (20x leverage) valued at approximately $66 million, and newly opened 64,339 SOL (10x leverage) long positions valued at approximately $5.2 million; meanwhile, the whale also holds 106,994 HYPE (10x leverage) short positions valued at approximately $7.16 million.