Hey, friends in the crypto circle! 🌟
The recent market has been bustling—trade relations are easing, #特朗普加密新政 Bitcoin prices are surging towards $120,000 #BTC重返12万 , and the funding dynamics of whales and the new wave of large capital influx #以太坊生态回暖 make the entire digital asset field resemble a pot of steaming hot food, bubbling up with delicious aromas. #ADA
Whether you are a newcomer or an experienced investor, this article helps you grasp the latest hotspots and in-depth analysis, letting you see through the current 'winds and clouds' of the crypto market! Are you ready? Let’s go~ ✨
The US-China trade 'suspension of hostilities' has eased the market atmosphere, which is favorable for digital assets.
Let's start with the macro environment. Significant news has emerged from the latest economic and trade talks between China and the US held in Stockholm: both sides announced a 90-day suspension of the 24% tariffs imposed on each other's goods! This has caused quite a stir in the market.
According to the official statement, starting from August 12, 2025, the US will suspend the implementation of the 24% tariff on Chinese goods (including Hong Kong and Macau) while retaining 10% of the remaining tariffs; China will correspondingly suspend the 24% tariff on US goods, retaining 10%. Additionally, China will suspend or cancel non-tariff countermeasures against the US based on the Geneva joint statement agreement.
This round of 'tariff suspension' releases optimistic market sentiment, and capital flows and risk appetite are expected to recover, creating a positive atmosphere for digital assets, especially Bitcoin and Ethereum, which are closely related to the global economy.
A brief interlude: At this time, the Trump Media Technology Group also announced that the Bitcoin ETF is expected to be launched later this year, injecting more expectations and confidence into institutional investors in the crypto market.
With a big bet of $166 million, can ADA stabilize and challenge the $1 mark?
Friends in the crypto circle, the recent performance of Cardano (ADA) has attracted quite a bit of attention! 💥
In the past 24 hours, ADA has risen by 2.82%, and it seems that the bulls are becoming active again. Most notably, those 'whales' bought 200 million ADA worth up to $166 million! Moreover, ordinary spot investors also joined the buying spree, net buying over $14 million.
But the story is far from simple. Although capital inflow is significant, trading volume in perpetual contracts is decreasing, and the market long-short ratio has dropped below 1, indicating that bearish selling pressure is increasing. So how will ADA perform next? Can it break through the key resistance level and return to $1? Let's analyze it step by step.
According to data from Santiment, large holders (commonly known as 'whales') holding between 100 million to 1 billion ADA bought a total of 200 million ADA worth about $166 million between August 9 and 10. It can be said that Cardano whales have really placed a heavy bet this time.
Moreover, CoinGlass data also shows that spot market buying is quite strong—net purchases during the same period were about $11 million, with an additional $3.61 million recently added, which undoubtedly provides strong support for market confidence.
However, the dynamics of the perpetual contract market are somewhat contradictory. In the past 24 hours, the trading volume of ADA perpetual contracts decreased by 21.49%, falling to $2.14 billion. The market long-short ratio even dropped below 1, indicating that bearish forces are starting to strengthen, and selling pressure may exceed buying pressure.
However, overall, the weighted financing rate remains positive, indicating that bullish positions still dominate, and bulls are also paying financing fees to maintain their positions.
This means that although bears are active, the bulls in the market are still 'holding up' against pressure, without a large-scale retreat.
Technically, for ADA to return to $1, it needs to break through three key resistance levels: $0.83, $0.88, and $0.93.
Data tells us that the last time ADA attempted to break through $0.83, it failed to hold, resulting in a significant drop of over 20%. This price level is like a threshold; if it holds, a rebound is expected, but if not, a significant drop may occur.
In other words, over the next few days, $0.83 will become the focal point of the ADA bulls and bears battle. Whether the continued buying by large holders can provide enough momentum to break through this 'chasm' will be key to determining ADA's trend.
Summary: Significant capital injection, breaking through $0.83 is the 'line of life and death'
200 million ADA bought by whales, active spot buying, market sentiment gradually strengthening;
Decreased trading volume in perpetual contracts, intensified bearish activity, market risks still exist;
The key technical resistance is at $0.83; whether it can hold will determine future price movements.
So, friends, Cardano is currently at a crossroads. As long as it breaks through the $0.83 resistance, the bulls will regain control, and the challenge of reaching the $1 mark is just around the corner. Conversely, caution is needed regarding potential pullback risks.
BTC breaks through $120,000! What are the whales doing? On-chain data reveals all 🧐
In the past week, Bitcoin surged again, successfully breaking through the $120,000 mark, just one step away from the historical high of $123,000! 💥
This surge has made Bitcoin the strongest star in the digital asset market, rising about 5.1% in the past week, showing promising growth! But behind the price fluctuations, what major players and capital actions are influencing the market? Let's take a look at the truth with on-chain data.
On-chain observation: Large USDT transfer warning 'whale' movements 🐋
CryptoQuant writer Amr Taha conducted an in-depth analysis of USDT transfer data on the TRON chain. He divided transaction sizes into six tiers, from small retail transactions of $100 to 'super whale' transfers exceeding $10 million, trying to distinguish between everyday activity and institutional large orders.
His findings are quite interesting:
When large USDT transfers exceeding $10 million frequently occur on the TRON chain and the daily trading volume exceeds $5 billion, it often accompanies a significant profit-taking in Bitcoin;
This situation usually occurs when large holders sell Bitcoin for USDT and then transfer the stablecoins back to private wallets, reducing market buying pressure, leading to a short-term pullback in BTC.
Several obvious examples in history:
On July 16, USDT transfers exceeding $10 million reached $5.2 billion, followed by a 4.5% pullback in Bitcoin prices;
On July 23, after a similar large transfer of $5.8 billion, BTC dropped 3.8% within 48 hours.
But this time? The whales seem quite 'calm' 😶
Current data indicates that these large USDT transfers are not active, and primary funds are not actively selling or converting to stablecoins. This means that whales are staying on the sidelines, and funds have not exited the market.
This means that in the short term, Bitcoin is unlikely to suffer a major drop due to large holders selling, and the market's funding situation is relatively stable.
The structure of market participants has subtly changed, with retail investors active but whales temporarily 'silent' 📊
In addition, CryptoQuant analyst ShayanMarkets also studied the average execution order size in the Bitcoin futures market to determine whether large funds or retail investors are driving the market.
Data performance:
By the end of 2024 to early 2025, whale-dominated trading and a significant market rebound;
In recent weeks, whale trading volume has decreased, while retail small orders have increased, leading to subtle changes in market participation structure.
This may mean:
Large whales may still be 'holding' positions they acquired at lower prices, waiting for the right market timing to buy or sell in large quantities;
Retail investors are actively trading short-term, driving volatility, but it is not enough to sway the overall trend.
Summary: As long as whales do not sell, Bitcoin is expected to break through historical highs! 🔥
Based on historical experience, whales tend to take profits at the peak of bull markets, but currently, there is a lack of obvious actions. As long as the main funds remain patient and maintain positions without rushing to sell, Bitcoin has a great opportunity to challenge and surpass the previous high of $123,000.
24H Popular Tokens and News
1. CEX Popular Tokens
CEX Transaction Volume Top 10 and 24-hour Price Change:
BTC: -0.16%
ETH: -0.02%
BNB: 0.93%
SOL: -4.56%
DOGE: -3.83%
XRP: -1.65%
SUI: -4.55%
PEPE: -6.79%
FUN: 0.38%
ENA: -2.4%
24H Price Increase Ranking (Data Source: OKX):
VINE: 12.06%
FORTH: 6.49%
GODS: 3.37%
UNI: 2.43%
ICE: 1.91%
CATI: 1.68%
SD: 1.49%
RESOLV: 1.16%
TRX: 1.06%
BNB: 0.84%
2. 24H Trending Tokens
SEND (Project Send) is an AI-driven meme coin on the Solana chain, with a main image of a purple cyborg.
New developments in the crypto circle: projects, financing, and market hotspots are not to be missed 💥
Bullish increases IPO scale: The crypto trading platform Bullish plans to expand its IPO scale from $629 million to a maximum of $990 million, raising its target valuation to $4.82 billion. This indicates that the market has very positive expectations for the future development of crypto exchanges.
The Uniswap Foundation proposes to adopt the DUNA DAO framework: aimed at opening the protocol fee switch while keeping the governance structure unchanged. This means that Uniswap may achieve more protocol-level financial freedom in the future.
Stripe and Paradigm are jointly developing the payment blockchain Tempo: focusing on high-performance payments, compatible with Ethereum language, with a low-key but frequently active team. Financial giants are laying out blockchain payment scenarios, further promoting industry integration.
Rumble, supported by Tether, plans to acquire Bitcoin miner Northern Data for $1.17 billion, steadily increasing its investment in mining and computing power, demonstrating that stablecoin giants are accelerating the integration of upstream and downstream in the industry chain.
Safety Shot collaborates with Bonk to launch a treasury strategy, and Nasdaq-listed companies actively expand into the crypto asset field, showcasing the trend of integration between traditional finance and digital assets.
Who is buying? Revealing the actions of crypto bigwigs and institutions 👀
Nakamoto CEO David Bailey tweeted that he plans to buy $1 billion worth of BTC in one go, such a large purchase is enough to ignite market sentiment.
The Strategy fund increased its holdings by 155 Bitcoins last week, with an average purchase price of $116,400, indicating that institutions recognize recent prices.
Coinbase Ventures directly purchased TON tokens from Telegram, becoming one of the important holders of TON tokens, indicating optimism about the Layer 1 public chain ecosystem.
Bernstein analysts point out that Coinbase holds over 136,000 ETH worth $570 million, and as Ethereum prices reach new highs, Coinbase's earnings are expected to increase significantly.
Summary: Bitcoin's bull market potential remains, is a new cycle of digital assets approaching?
Combining the above dynamics, we can see:
Macro positive: Easing US-China trade relations may help restore global risk appetite;
On-chain data: Large whale funds are stable, with no significant selling pressure, retail investors are active, and the short-term market may have fluctuations but the bullish pattern remains unchanged;
Institutional increase: heavyweight buyers like Fundamental Global, SharpLink, and Nakamoto are entering, indicating a firm belief in the long-term value of digital assets;
New projects and financing: the ecosystem continues to expand, the integration of financial technology and blockchain accelerates, more funds and technologies are pouring in, and the potential for innovation is enormous.
Therefore, although the market may experience turbulence and fluctuations, mainstream tokens led by Bitcoin and Ethereum still possess strong upward momentum, and a new bull market cycle may be about to begin. Don't forget, the world of digital assets is always full of surprises and challenges, so invest cautiously and manage risks well.
Finally, I'll leave you with a quote:
"The world of digital currency is like an endless marathon; only with patience and insight can one run further." 🏃♂️💨
Many understand the trend, but few keep up with the rhythm.
The crypto circle changes quickly, opportunities and risks coexist. Learning to enter and exit strategically, protecting principal, is the way to move forward steadily and reap wealth and growth. ✍️
Remember DYOR, manage risks well, and wish everyone a smooth journey in the crypto world! 🌊
Like 👍, share, and follow me to capture more market trends, and together we will watch the ups and downs of bulls and bears! Let's keep going!