News linked to both this project and an event.
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin dropped from $85,500 to $83,900 before making a slight recovery to $84,100. This decline was accompanied by dominance from active sell orders and the forced liquidation of long positions. Data shows that the Taker Order Pressure Oscillator fell to -4.9 before rebounding to -3.1, indicating easing active sell-side pressure while bearish dominance persisted. Meanwhile, the Liquidation Pressure Oscillator declined from -11 to -78, reflecting that long liquidations were in control. The analysis notes that if Bitcoin's price remains below $83,900 and both indicators stay significantly negative, the asset could face more persistent selling pressure risk.
Odaily News - Crypto analyst Axel Adler posted that Bitcoin long-term holders (LTHs) have reduced their holdings for the 7th consecutive week, but this has not yet hindered BTC price appreciation, as the market is still absorbing the supply released by long-term holders.Data shows that the long-term holder position change indicator remained positive from February to early August this year, with long-term holders accumulating approximately 1.2 million BTC in May. The indicator turned negative on August 17 and has been in a state of reduction for 7 consecutive weeks. As of September 28, the long-term holder position change showed a decrease of 73,400 BTC, expanding from a decrease of 1,100 BTC a week earlier.Axel Adler noted that compared to the approximately 1.07 million BTC reduced by long-term holders in November 2025, the current scale of reduction remains relatively limited. If long-term holders' reductions reach hundreds of thousands of BTC again in the future while BTC price stops rising, it may signal that the market's capacity to absorb supply is declining.Additionally, the long-term holder SOPR indicator has now been above 1 for the second consecutive week, indicating that long-term holders are taking profits. On September 21, the indicator rose to 1.24, the highest level since January this year; as of September 28, LTH SOPR stood at 1.18, meaning that BTC being moved has realized approximately 18% in realized profit relative to its cost basis. Current data shows that long-term holders are gradually exiting with profits as BTC price rises, while new demand is still able to absorb the supply released by the market.
According to on-chain data platform CryptoQuant (@cryptoquant_com), Bitcoin's adjusted LTH (Long-Term Holders) MVRV metric has exited the mild pressure zone, with the 6-month to 10-year holding cohort collectively returning to profitability. Analyst @_Crypto_glass noted that this is not a phase of deep or sustained losses, but rather a constructive recovery for this holder group, sending a positive signal for the current market cycle.
According to on-chain analyst Yu Jin's monitoring, a certain whale opened a long position of 20,000 ETH at $1,936 when this market cycle began, and currently has an unrealized profit of $14.06 million. This morning, the whale increased its BTC short position by opening a short of 650 BTC at $84,057, worth $53.68 million, with a current unrealized profit of $950,000.
Odaily News — According to monitoring by Ai Yi, trader mk4 (@mk4_lul, 0x773...bf66) holds the largest NEAR position on Hyperliquid, accounting for 7.68% of open interest. The trader holds a 10x long position of 5.838 million NEAR, valued at $31.28 million, with an average entry price of $2.35 and a current price of $5.36, resulting in an unrealized profit of $17.55 million. This position is currently their only long position; NEAR has risen 187% this month, and mk4 opened the position in early September, with gains of nearly 128% so far.
On-chain analyst Darkfost stated that as Bitcoin advances toward $84,000, some investors holding coins for 9 to 18 months who purchased between $63,000 and $125,000 are choosing to cut their losses and exit. Data shows that the group holding for over 9 months realized losses of $246 million, while the group holding for over 1 year realized losses of $233 million, totaling nearly $500 million.
Odaily News: According to on-chain analyst Aunt AI's monitoring, the whale "Set 10 Big Goals First" currently has an unrealized profit of over $12.26 million on their BTC long position, with a return rate of approximately 26.19%.They had previously stated multiple times that a market reversal trend has arrived and would maintain a long strategy. On August 28, they publicly mentioned adding to their BTC position in the $78,000 to $79,800 price range. Based on current data, the actual position is 2,206.71 BTC, worth approximately $187 million, with an average entry price of about $79,470.92.
According to on-chain analyst Yu Jin, the Garrett Jin whale entity closed a Bitcoin long position worth $112 million at a price of $84,455 yesterday, realizing a profit of $8.38 million. In the early hours of today, it flipped to a short position, opening a 500 BTC short at a price of $85,994, worth $43.31 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the Garrett Jin whale entity (0x92ea...50e9) closed a 1,333 BTC long position opened 3 days ago at $78,057, worth $112 million, 20 minutes ago. The closing price was $84,455, resulting in a profit of $8.38 million. This entity previously closed a ZEC short position early this morning. It currently has no positions on Hyperliquid, and the on-chain address still holds BTC, ETH, ZEC, and other spot assets.
Odaily reports, according to Arkham monitoring, trader CL207 currently holds long positions in NVDA, AR, and AMZN on Hyperliquid, with a total size of approximately $4 million and no short positions. Recently, they reduced their NVDA long position from $3.33 million to $1.68 million.Additionally, their AR long position currently has an unrealized profit of approximately $474,500, representing a 104% increase from the entry price of $2.42. Their cumulative historical profit on Hyperliquid has surpassed $10 million.
According to on-chain analytics platform Lookonchain (@lookonchain), two wallet addresses suspected to belong to the same entity deposited 33,180 ETH into Bitfinex today after being dormant for over two years, valued at approximately $86.93 million, with an estimated profit of about $20.48 million.
According to Lookonchain monitoring, after Bitcoin broke through $80,000, a trader opened a long position of 450 BTC, with a position value of $36.4 million, currently showing an unrealized profit of $276,000.
Odaily News: Long.xyz founder Nate bought $3,800 worth of the Meme coin Artificial Inu (AI) two months ago when its market cap was $219,800, and has not sold since. The position is now worth $2.92 million, a 758x return. Nate currently holds a total of $6.38 million worth of AI, with 54% of the holdings transferred in from other addresses, including 6 million AI transferred in by HawX.
According to Onchain Lens monitoring, a whale holds a long position of 1.38 million HYPE tokens, worth approximately $119 million, with an average entry price of $38.68. The position has been held for 343 days and currently shows a profit of $65.74 million, with $5.67 million in funding fees paid during this period.
According to monitoring by on-chain analyst Yu Jin, a whale opened a long position on 10,160 ZEC at $630 on August 20, worth $6.4 million; after holding for about a month, it closed the position at $1,458 early this morning, making a profit of $8.29 million.
according to on-chain analyst Ai Yi's monitoring, an address has closed its ETH and SOL long positions held for 30 days, realizing a profit of $1.89 million. The ETH long position consisted of 1,859 ETH, opened at $1,903.6 and closed at $2,425; the SOL long position consisted of 46,200 SOL, opened at $82.64 and closed at $99.32. This address has now reopened long positions on BTC, SOL, and ETH, with a total position value of $10.84 million.
well-known trader Bonk Guy posted in a TG channel stating that Arc is essentially a stablecoin public chain, and suitable use cases such as stablecoins may be found in the future. Although he has already bought Meme coins on the Arc chain, he plans to hold them for only a few days at most, and emphasized that if participating in Meme coin trading on Arc, it should be treated as a short-term opportunity.Bonk Guy further pointed out that for a long time, Arc has been one of the "best-executed" public chain launches. In the early stages after launch, the project connected to multiple key platforms such as FOMO and DEX Screener, with major launch platforms including Argus, Tolly, Lift, and Long. However, Arc is not the next Robinhood, BNB, or Solana, and users should participate cautiously, noting that treating it as a similar public chain may lead to losses.
Odaily reports: According to on-chain analyst Ai Yi's monitoring, an address bridged CRCL from the Robinhood network to the Arc network via Long on September 8, and subsequently invested $487.6 across three tokens: LONG, BITCOIN, and USDC. The cost basis for LONG was $0.0000136. Currently, the address has an unrealized profit of $578,000, representing a return rate of 118,483%.
CryptoQuant analyst CW8900 noted that the Bitcoin long-term holder spent output profit ratio (LTH SOPR) has risen above 1, signaling a shift in the market from a bearish phase to a neutral state. Historically, when this metric rises above 6, it typically corresponds to concentrated profit-taking by long-term holders and cycle peak zones. During the current cycle, the metric has yet to break through 6. Long-term holder coin balances remain at historical highs and have been steadily accumulating, indicating that a large-scale profit-taking phase has not yet materialized.
Odaily News: According to Darkfost monitoring, this cycle may be the most active one for Bitcoin long-term holders. Related changes can be observed through the CDD heatmap, an indicator that tracks the number of days Bitcoin was held before being spent or transferred. Long-term holders moving Bitcoin is usually associated with an intent to sell. The increased activity among long-term holders in this cycle may be attributed to greater market liquidity brought by spot ETFs and companies building Bitcoin treasury reserves. However, a rise in CDD does not only appear at market tops; it may also reflect capitulation by some holders. Coinbase previously moved 800,000 BTC, a large portion of which had been held for more than 6 months. Such asset migrations can also cause a short-term spike in CDD, but they are sporadic events. Currently, with Bitcoin's recent rally, long-term holder activity has increased slightly, possibly because some holders are looking to take quick profits; but overall, related activity in 2026 remains fairly quiet, with long-term holders still waiting.