News linked to both this project and an event.
Bitget launches a USDT wealth management event from July 23 to August 6. During the event, users whose net deposit amount reaches the specified threshold can subscribe to USDT flexible wealth management products in the "Simple Earn" section and enjoy corresponding tiered annualized yields, up to 8.5% APR. Eligible net deposit currencies include USDT, USDC, USDGO, and U. For details, please refer to the official Bitget platform.
According to Onchain Lens monitoring, a Hyperliquid whale has deposited 31.12 million USDC into Hyperliquid over the past 3 days, currently holding a $64.9 million short position. The latest deposit was 5.12 million USDC. Current positions include a $43.93 million short on SKHX, a $17.07 million short on BRENTOIL, as well as other shorts on SMSN, HIMS, and NVIDIA. This wallet is currently 100% short.
Mizuho analysts stated that if the U.S. crypto market structure bill, the "Clarity Act," is passed, while it may generally benefit the digital asset industry, the long-term impact on Circle could be negative. The reason is that regulatory clarity will attract more large institutions into the stablecoin market, further accelerating stablecoin commodification and eroding the revenue potential of Circle's USDC.Mizuho believes that the primary pressure Circle faces in the near term comes from Open USD. This stablecoin project is backed by a coalition of over 140 financial, technology, and crypto companies, with members including Visa, Mastercard, Stripe, BlackRock, and Coinbase. Unlike Circle's model, which retains approximately 38% of USDC reserve yields, Open USD employs a "pass-through" model, distributing nearly all reserve yields to distribution partners while retaining only a small management fee.Analysts also noted that Coinbase, as the largest distributor of USDC, also supports Open USD. This could give Coinbase stronger bargaining power when renegotiating its revenue-sharing agreement with Circle in the future. The distribution agreement between the two parties could be up for renegotiation as early as next month.
According to Onchain Lens monitoring, a certain Hyperliquid whale deposited 5.9 million USDC into Hyperliquid and opened a short position on MU worth $501,000. The current position is 519 units of MU short positions, with an entry price of $967.71 and a mark price of $964.80. The cumulative historical loss is $104,300.
Odaily reports, according to Onchain Lens monitoring, a Hyperliquid whale collateralized 100,000 wstHYPE and 103,000 stHYPE on HyperLend, borrowed 2 million USDC, and then deposited the 2 million USDC into Coinbase. The address is 0x8177b8dae5b3ce7de2ca6e5449ffc6aab2f626ba.
SolanaFloor posted on X, stating that Solana has seen a $330 million stablecoin inflow over the past 24 hours, primarily driven by Circle.
According to on-chain analyst Onchain Lens, a Hyperliquid whale deposited $3.71 million USDC and placed Bitcoin long limit orders totaling approximately $2.68 million.
According to Onchain Lens monitoring, a Hyperliquid whale deposited $3.71 million USDC and placed a BTC long limit order worth $2.68 million. The wallet has placed buy orders for 30 BTC at prices between $65,945 and $66,214. Currently, the wallet holds a 14x leveraged CL long position with a profit of $749,700, and an 11x leveraged BRENTOIL long position with a profit of $359,400. The wallet holds $8.67 million in long positions, with no short positions, and has unrealized profits of $1.11 million.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), a Hyperliquid whale has cumulatively deposited 26 million USDC into wallet (0xebe1...4070) in the past 24 hours, currently holding 51.2 million USD in short positions, mainly comprising 35.1 million USD in $SKHX shorts and 14.57 million USD in $BRENTOIL shorts, along with multiple short positions in $SMSN, $HIMS, and $NVDA.
according to Onchain Lens monitoring, a newly created wallet withdrew 14.64 million USDC from Binance and transferred it to Hyperliquid. Subsequently, it opened a 3x long position of 2,386.72 MU, valued at $2.17 million.
According to Onchain Lens monitoring, a Hyperliquid whale has just deposited 11 million USDC, bringing total deposits to 16 million over the past 24 hours. This wallet currently holds $43.9 million in short positions, which have been held for a long time, including $28.3 million in SKHX shorts, $14.56 million in BRENTOIL shorts, as well as other short positions in HIMS, SMSN, and NVIDIA.
Odaily reports, according to on-chain analyst Ember's monitoring, a whale transferred 20 million USDC to Binance, bought 10,500 ETH at a price of $1,904, and then withdrew them to an on-chain wallet.
according to Onchain Lens monitoring, after making over $1 million in profit today, a whale has re-staked 115,000 HYPE. The address holds 115,000 HYPE staked, a balance of 100,000 HYPE, and $1.1 million USDC; today, it closed a short position of $3.5 million MU, profiting $439,100, and closed a short position of $2.42 million SKHX, profiting $581,900. Address: 0x7fa9a4ab0849063241c757394b74f55f61a0211b.
according to Onchain Lens monitoring, a whale deposited $8 million USDC into Hyperliquid to increase their BTC long position. The wallet currently holds a long position of 400 BTC, worth approximately $25.7 million; the total exposure is about $30.7 million, with a long bias of 97%.
Odaily Odaily News: Last week, Circle President Heath Tarbert addressed doubts regarding CRCL's stock price falling from $260 to $62 in an interview. Heath Tarbert stated at the time that the company is focused on long-term development, and if it can achieve its mission of building a full-stack internet platform infrastructure, the stock price will reflect its value in the long run.However, Circle Form 4 filings show that since his first sale of CRCL in June 2025, Heath Tarbert has sold CRCL 10 times in total, cashing out approximately $30.77 million, without ever making any purchases to increase his holdings.
Odaily Odaily News: According to Onchain Lens monitoring, 5bro.eth (0x58bro) deposited 1.5 million USDC and placed a limit order to go long on 2,000 ETH, worth approximately $3.73 million. If executed, their position will decrease from a short of 6,500 ETH to a short of 4,500 ETH. The lifetime profit for this address is $34.7 million. The address is 0x418aa6bf98a2b2bc93779f810330d88cde488888.
Odaily News According to Defillama data, the stablecoin market has experienced an outflow of $12.413 billion in the 62 days since May 17, 2026, with $1.555 billion flowing out since July 11, marking one of the largest contractions in over four years. As of July 18, Tether's USDT market cap stood at $184.055 billion, while Circle's USDC market cap was $73.376 billion. Over the past week, USDT decreased by 0.06%, and USDC decreased by 0.04%. Sky's USDS market cap was $6.66 billion, declining by 12.30% over the past week, making it the worst performer among the top ten stablecoins.World Liberty Financial's USD1 fell by 4.59%, while Sky's DAI decreased by 0.43%. Global Dollar's USDG rose by 9.08% over the past week, reaching a market cap of $3.164 billion, the highest gain among the top ten stablecoins. PayPal's PYUSD increased by 1.60% to $2.877 billion, while Circle's USYC and BlackRock's BUIDL decreased by 3.64% and 8.68%, respectively.
According to Ember monitoring, a whale or institution allegedly sold 30,000 ETH over-the-counter (OTC) through Galaxy Digital at a price of $1,833, worth approximately $55 million.The address transferred 30,000 ETH to the Galaxy Digital OTC wallet 7 hours ago. About 3 hours later, it received 55 million USDC, with the transaction price being approximately $1,833/ETH.
According to Onchain Lens monitoring, a whale sold 30,000 ETH through Galaxy Digital OTC, exchanging them for 55 million USDC, and subsequently deposited the funds into Coinbase.
Coinbase stated on X platform that Marex is leveraging Coinbase infrastructure to enable clients to use USDC as initial margin for US regulated futures and options, providing its traders with a new level of capital efficiency.