📰 What you need to know this Tuesday, August 5

📤 Outflows of $333.19M are recorded from BTC ETFs.

The largest outflow was in BlackRock's IBIT ETF with an amount of $292.21M, while the ETH ETF had outflows of $465.06M.

🐳 Saylor's strategy has accumulated 376,571 BTC worth $43.2B since Trump's election, representing 60% of his Bitcoin reserves in just 9 months.

💸 Coinbase announces plans to raise over $2 billion in a dual-tranche offering to fund future investments and stock buybacks.

🇺🇸 According to a report, the White House is targeting Chokepoint 3.0 to prevent banks from withdrawing services from cryptocurrency companies.

⚠️ In the last 24 hours, 118,387 traders were liquidated, and the total liquidations reached $333.63 million.

The largest individual liquidation order occurred in Hyperliquid - BTC-USD worth $5.17M.

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