News linked to this event type.
Odaily News: CryptoQuant analyst Darkfost stated that Bitcoin (BTC) is currently attempting to reclaim the "Active Supply Cost Basis" level.Darkfost noted that active supply refers to all BTC that has been transferred at least once within the past 7 years. By excluding long-dormant Bitcoin, a more accurate average cost basis that aligns with the current market structure can be obtained, with its Realized Price standing at approximately $70,400.He stated that the last time Bitcoin successfully reclaimed this level was in early April, before the market fell back below this zone again in early June, with sellers reasserting dominance.Darkfost said that if BTC can sustain its position above the active supply cost basis this time, it could signal the market is forming a longer-term uptrend, rather than the brief breakout that lasted only about two months previously.This metric is commonly used by the market to observe changes in long-term holder costs and Bitcoin market cycle status. Whether BTC can firmly hold near the $70,400 level will become a key indicator for future bullish and bearish forces.
Odaily News, Citrini analyst jukan stated on the X platform that at first glance, SK Hynix's CPO technology roadmap appears to have one axis pointing toward HBM and another toward optical communication. However, the underlying logic is that AI competition is shifting from individual chip performance to data transfer efficiency across the entire system.Over the past few years, HBM has addressed the problem of GPUs being unable to receive data fast enough. By vertically stacking multiple layers of DRAM and placing them next to the GPU, HBM delivers extremely high bandwidth. Yet, as more HBM stacks are placed around each GPU, packaging area, interposer edge space, power supply, and thermal dissipation capabilities are all approaching their limits. Meanwhile, AI clusters have expanded to thousands or even tens of thousands of GPUs. No matter how fast a single GPU computes, the entire system will still be constrained by the "bandwidth wall" if data cannot be efficiently transferred between GPUs and racks.SK Hynix's vision is to extend optical interconnect to memory. Low-latency, high-bandwidth local HBM will remain next to the GPU, while optical fibers connect it to a larger shared memory pool. This approach avoids limiting all memory capacity within a single GPU package and enables horizontal scaling at the rack level.From an investment perspective, this does not mean HBM will be replaced in the near term. What is more likely to emerge is a new memory hierarchy: frequently accessed data remains stored in local HBM, while larger-scale, less frequently accessed data is stored in optically interconnected memory pools, HBF, or SSDs.SK Hynix is repositioning its business, shifting from selling standardized memory chips to co-designing HBM, controllers, advanced packaging, and system-level memory architectures with customers. If this roadmap comes to fruition, SK Hynix could strengthen customer stickiness, increase product added value, and enhance its ability to secure long-term contracts. At the same time, the company may also more proactively address the potential impact of future memory disaggregation on traditional HBM business models.At the supply chain level, areas that may benefit in the long term include silicon photonics chips, optical engines, lasers, fiber coupling technology, and advanced 2.5D and 3D packaging.However, this concept is still in its very early stages and essentially remains just a roadmap. jukan noted that a person involved in TSMC's packaging business whom he interviewed today was completely unaware of this plan.
an Optimism community governance proposal has been passed, reallocating 546.9 million OP tokens originally intended for user airdrops to the "Strategic Ecosystem Fund" managed by the Optimism Foundation, sparking discussions within the community over governance transparency and user rights.The OP tokens involved in this proposal account for approximately 12.7% of the total supply, valued at around $49.7 million at current prices. The Optimism Foundation stated that as the ecosystem strategy shifts toward institutional adoption and enterprise partnerships, large-scale user airdrops no longer fully align with the current development direction, and unused tokens can be deployed for ecosystem incentives, partnership building, and enterprise-level project expansion.The vote ultimately passed with 17.974 million OP in favor and 10.931 million OP against. The pivotal turning point came 16 minutes and 52 seconds before the vote closed, when Test in Prod (delegate.testinprod-io.eth), the core development team of the Optimism ecosystem, cast 8.486 million OP in support, raising the approval ratio from 45.77% to 61.84% and ultimately pushing the proposal through.Excluding Test in Prod's vote, the proposal's support rate would stand at only 46.47%, failing to pass, and the relevant tokens would likely have remained in the user allocation pool. The Optimism Foundation previously committed to disclosing the cumulative usage of the fund and related outcomes through annual budget reports. This vote has also reignited discussions about the influence of "large delegated voting power" in DAO governance and the balance of token holder rights. (CoinDesk)
Odaily News, Garrett Jin, proxy for the "BTC OG Insider Whale," analyzed that Bitcoin's latest breakout above $70,000 was driven by multiple bullish factors, including the U.S. Treasury's expanded bond buybacks, the SEC's proposed crypto asset regulatory framework, and the White House crypto summit. The current price has entered a dense overhead supply zone ranging from the mid-$60,000s to the low $80,000s, with the first resistance layer already showing signs of weakening.Garrett Jin pointed out that the significant accumulation of new cost basis in the mid-$60,000 area over the past two months has provided underlying support for this breakout. While the short-squeeze triggered by short liquidations could temporarily push Bitcoin above $80,000 in the near term, the $80,000 to $82,500 range is a critical resistance zone to watch, and the short-squeeze momentum is unlikely to persist. If the market can effectively absorb supply below $80,000 before a breakout, it would be more conducive to a healthier subsequent trend.On the same day, SK Hynix announced South Korea's largest-ever stock buyback and cancellation plan, committing to return at least 50% of its projected free cash flow through 2027 to shareholders. Its shares surged over 10% at one point, triggering a buy-side circuit breaker on South Korea's KOSPI index. Analysts believe this move could alleviate market concerns over declining risk appetite for Korean semiconductor stocks, but it cannot alter the cyclical trajectory of the memory chip industry itself.
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
According to on-chain analyst Yu Jin's monitoring, the largest long holder on Hyperliquid has held long positions in BTC and ETH worth $487 million across 11 addresses for nearly 4 months. This entity holds a total of 3,000 BTC longs, worth $216 million, at an average price of $72,000; and 120,000 ETH longs, worth $271 million, at an average price of $2,260. Earlier, due to price declines after opening long positions, this entity saw a maximum floating loss of $120 million in early July; following two days of gains, it has now broken even.
According to Lookonchain tracking, as the market rises, some whales have opted to take profits. In particular, whale address 0x4cee sold 5,250 ETH valued at approximately $11.76 million, realizing a profit of $1.76 million; whale address bc1qqt sold 550 BTC worth roughly $39.43 million, securing a $4.5 million profit.
Odaily News According to foreign media BusinessInsider, based on publicly disclosed holdings data, "Oracle of Omaha" Warren Buffett's Berkshire Hathaway indirectly holds approximately 0.04% of SpaceX shares through a two-tier equity nesting "look-through shareholding" model, with a corresponding market value exceeding $700 million. This also creates a rare capital intersection between two top business tycoons, "the Oracle of Omaha" Buffett and "Iron Man" Musk.Musk has long regarded Buffett's investment endorsement as an important industry validation, and has repeatedly publicly extended olive branches to Buffett on social platforms, hoping he would become a shareholder in his companies. Musk joked in a 2023 post: "Too bad he didn't invest when Tesla's market cap was only 0.1% of its current value." In 2024, he publicly stated again: "He should build a position in Tesla; that's the obvious choice." Now, although Buffett has not invested in Tesla, he has become an "invisible shareholder" of SpaceX in another way.In terms of the shareholding structure, this stake is not a direct investment by Berkshire in SpaceX, but rather an incidental asset from its heavy position in tech giant Google's parent company Alphabet. (Interface News)
Odaily News According to on-chain analyst Ai Yi's monitoring, the trader known as "Set 10 Big Goals First" has fully liquidated, incurring a loss of $6.283 million. "Set 10 Big Goals First" saw a profit of $13.04 million from long positions yesterday, but gave back $6.28 million of that profit from short positions today, resulting in a net profit of $6.76 million from this round of long/short trading.
According to monitoring by Ai Yi, the address labeled "Set 10 Big Goals First" has fully closed its short positions of 29,316.677 ETH, with a position value of approximately $66.1 million. Currently, the address is gradually closing its BTC short positions, having covered about half, and appears to be preparing to clear out all related positions.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale who was shorting $85.58 million worth of Bitcoin with leveraged positions has been liquidated for 240 BTC, incurring a loss of $1.112 million. The remaining 960 BTC have a liquidation price of $71,856, with a liquidation margin of $442.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a major whale has opened a 20x short position of 500 BTC, valued at $35.8 million, with an entry price of $70,892.7. Additionally, limit sell orders totaling $21.64 million have been placed within the $71,800–$72,500 range. If the price continues to rise, further short positions may be added.
According to monitoring by Ai Yi, after the price hit the $70,400 stop-loss level, the address associated with "Set 10 Big Goals First" reduced its position, offloading 419.62 BTC and 9,969.37 ETH. The address's remaining positions currently still show an unrealized loss exceeding $2.64 million.
According to on-chain analyst Ai Yi's monitoring, trader Trader-DoshiAtoll (0x66f889...75a9) rolled over a short position worth $85.58 million in Bitcoin last night and is now on the verge of liquidation, with only $113.1 in liquidation space remaining. The trader currently holds a 40x short position of 1,200 BTC with an entry price of $66,891.7 and an unrealized loss of $5.336 million; in addition, they hold a long position of 18,688.3 ETH with 25x leverage, valued at $42.45 million, with an entry price of $2,270.43 and an unrealized profit of $180,000.
Odaily News According to Lookonchain monitoring, a whale withdrew another 30,000 ETH, worth $67.42 million, from Binance 20 minutes ago. Over the past three weeks, this whale has withdrawn a total of 120,000 ETH from Binance, valued at $237.7 million. Abraxas Capital withdrew 18,000 ETH, worth $39.56 million, from Binance today. A newly created wallet (0x226...f0C4) withdrew 6,704 ETH, worth $14 million, from Binance today.
According to Odaily, on-chain analyst Ai Yi monitored that "Set 10 Big Goals First" has reopened Binance live trading after a month, currently holding BTC and ETH short positions with a total value of $222 million and cumulative floating profit of $401,000. Among them, BTC is a 4x short position, holding 2,236.384 BTC valued at $156 million, with an entry price of $69,826.87 and floating profit of $369,000; ETH is a 6x short position, holding 29,316.677 ETH valued at $66.1 million, with an entry price of $2,254.74 and floating profit of $32,000.
Odaily News: According to Onchain Lens monitoring, a whale has withdrawn 42,460 HYPE tokens from Coinbase Prime, worth approximately $2.93 million. Over the past two weeks, this whale has cumulatively withdrawn 98,490 HYPE tokens from Coinbase Prime, valued at around $6.11 million.
据 Trader T（@thepfund）数据，昨日以太坊现货 ETF 净流入达 1.891 亿美元，为近 9 个月最高单日流入纪录。各基金流入情况如下： • ETHA（BlackRock）：+1.221 亿美元 • FETH（Fidelity）：+3,654 万美元 • ETH（Grayscale Mini）：+1,604 万美元 • ETHB（BlackRock Staked）：+971 万美元 • MSSE（Morgan Stanley）：+225 万美元 • ETHE（Grayscale）：+169 万美元 • EZET（Franklin）：+79 万美元 Bitwise、21Shares、Invesco及 VanEck 旗下产品当日净流入均为零。
According to data from Trader T (@thepfund), Bitcoin spot ETF net inflows reached $517.2 million yesterday, marking the highest single-day inflow record in nearly three months. The inflow details for each fund are as follows: • IBIT (BlackRock): +$284.7 million • ARKB (Ark): +$77.71 million • FBTC (Fidelity): +$62.41 million • BITB (Bitwise): +$35.60 million • GBTC (Grayscale): +$21.18 million • BTC (Grayscale Mini): +$19.66 million • MSBT (Morgan Stanley): +$9.98 million • EZBC (Franklin): +$5.92 million Products under Invesco, Valkyrie, VanEck, and WisdomTree all recorded zero net inflows for the day.
According to the official announcement, Binance has decided to stop trading and delist all spot trading pairs for ICON (ICX), Secret (SCRT), and Storj (STORJ) on September 3, 2026, at 03:00 (UTC). Relevant trading bot services will be terminated simultaneously, and contracts will be automatically settled on August 26 at 09:00 (UTC). For deposits and withdrawals, deposits will stop after September 4 at 03:00 (UTC), and withdrawals will end on November 3 at 03:00 (UTC).