$BTC New wallet immediately went on a rampage with a $39.44 million long!
First, it deposited 11.9 million USDC into Hyperliquid.
Then it directly went 20x long on 500 BTC!
The liquidation price is pinned near $55,570.
This position is clearly betting on a major-level rebound!
A brand-new address 0xcfe2 was created not long ago, and it already deposited 11.9 million USDC into Hyperliquid and quickly opened a 20x long of 500 BTC, with a notional value of about $39.44 million. The liquidation price is $55,570.76, indicating that although it used high leverage, the position still has a relatively wide buffer before liquidation.
What’s even more worth watching is that the new wallet came in at this size right away—meaning the direction is extremely clear. But for now, you can’t determine the identity behind it based on on-chain actions alone. If it continues to add margin or expand the position later, this new whale is very likely to become a key focus in the short-term market.
A new wallet, 20x, $39.44 million—flipping the table from the opening move.
As long as BTC continues to hold the key support levels, this large long position still has room to keep surging!
$BTC After 16 months, Bitcoin has once again delivered a Golden Cross!
This is the first time since May 2025.
The short-term moving average has crossed back above the long-term moving average!
The mid-term trend has started showing clear signs of repair.
This technical signal is finally back!
Bitcoin has just formed a Golden Cross: the short-term moving average has broken upward through the long-term moving average for the first time since May 2025. After the earlier drawdown from around the $120k area, BTC has recently begun to lift again from the lows, and the moving averages are starting to shift from a bearish alignment toward a repairing trend.
A Golden Cross by itself doesn’t necessarily mean the price will immediately take off, but it indicates that mid-term momentum has clearly improved. Next, we’ll see whether BTC can continue to hold around the 78K level, and then absorb the overhead resistance at 82K—83K; if price and volume cooperate together, this time the cross is more likely to turn the “signal” into a true trend confirmation.
The previous Golden Cross occurred 16 months ago.
If this time the price can also firmly take a stand above the key resistance, then BTC’s mid-term structure will truly start turning bullish!
$BTC U.S.-Iran conflict has now directly escalated to striking Jordan!
Iran fired ballistic missiles at U.S. military bases stationed in Jordan.
Jordan’s air defenses intercepted 18 out of 20 missiles!
Previously, the U.S. military had just taken down five Iranian oil tankers.
Now even Gulf oil tankers have been pulled into the retaliation target list!
The Iranian Revolutionary Guard announced missile retaliation against Jordan’s Al Azraq base, in response to the U.S. having previously destroyed five Iranian oil tankers. Jordan later confirmed it was hit by 20 ballistic missiles and said it successfully intercepted 18, with the rest falling into uninhabited areas. There are currently no reports of casualties.
Even more dangerous, Iran also warned crews on oil tankers docked near Kuwaiti and Bahraini ports to evacuate immediately, threatening that these ships could become targets. If the conflict continues spreading from military facilities to tankers and ports, the market will have to price in a fresh risk premium for shipping through the Strait of Hormuz, crude oil supply, and global inflation.
The fighting has already spread from warships to oil tankers—and then to regional U.S. military bases.
Next, as long as Gulf commercial shipping continues to shrink, oil prices, inflation, U.S. Treasury yields, and Crypto will all be pulled into this bout of volatility!
$BTC Many exchanges just simultaneously showed selling pressure!
The short-term rhythm was instantly disrupted by a brutal sell-off.
78K is back in view again!
This kind of synchronized liquidation sweep can easily trigger a chain of liquidity flows.
Now we just need to see whether the support below is hard enough!
Just now, multiple exchanges almost at the same time displayed clear sell orders. BTC weakened quickly, but synchronized selling alone isn’t enough to directly label it as “manipulation.” Based on the prior structure, around 78K there is both an FVG, and a certain amount of liquidation liquidity stacked up as well. This area still remains very likely to be the spot where price tests its next move.
If 78K gets swept and then quickly reclaimed—while spot buy orders step in again—it's more likely to be a liquidity cleaning event. If 78K breaks down and the rebound fails to reclaim it, then the downside space will continue to open up. The most important thing for the short term isn’t guessing the bottom anymore—it’s whether this downward push has real absorption.
78K is now the first checkpoint.
If the market can get driven down hard and still be bought back, then only the rebound is worth talking about again at 79.5K, or even higher!
$ETH BitMine is just one last step away from “absorbing 5% of the supply”!
So far, it has already secured about 4.9% across the entire network.
97% of the goal in 15 months!
This isn’t a small-scale allocation—it’s continuous accumulation.
ETH’s circulating supply is being tightened up by big players, piece by piece!
BitMine associated with Tom Lee currently holds about 4.9% of the total ETH supply, leaving only roughly 3% of progress to its 5% long-term target. In just 15 months, it pushed its position to this size—the consistency alone is enough to reshape the market’s perception of ETH’s supply side.
Even more interesting is that ETFs, corporate treasuries, and long-term holding funds are all absorbing ETH at the same time. As long as BitMine continues to top up this final chunk of its position, what the market will truly need to watch is how much circulating supply is left—and whether new buy demand will keep colliding head-on with limited supply.
It looks like only a 0.1% gap to 5%, but behind it lies massive spot demand.
Once this last bit is filled, the “enterprise-level hoarding” narrative for ETH will keep getting hotter!
The amount repurchased in a single week reached $176.3 million.
This time, Saylor is shifting his firepower to the balance sheet first!
Last week, Strategy made no purchases or sales of any BTC, keeping total holdings steady at 845,050 BTC. At the same time, the company spent about $176.3 million to repurchase STRC preferred shares, with the allocation clearly shifting temporarily from “continuing to stack sats” toward optimizing its capital structure.
This doesn’t mean Strategy’s Bitcoin route has changed. When STRC is below the target price, the buyback can reduce future preferred-share dividend burdens and strengthen the financing framework. The real thing worth watching is: once STRC and the cash reserves are adjusted, when will the company switch the funds back to BTC buying?
While Strategy didn’t buy BTC for a week, it hasn’t been idle—it’s been busy fine-tuning its funding machinery.
Once this machine flips back to a BTC-acquisition mode, the next BTC add could be much more compelling!
$BTC The US’s biggest crypto bill suddenly seems to be in trouble again!
Republican lawmakers have started issuing public warnings.
Ethics provisions are still stuck on the negotiation table!
A key vote next week is already approaching.
This time, the CLARITY Act may truly not be able to get through!
The latest warning from US Senate Republicans: the crypto market structure bill next week could fail to advance straight through due to disagreements over the ethics rules. The two sides have not yet resolved the restriction provisions related to the president and his family’s Crypto-related interests—provisions that are precisely an important condition for securing key votes from Democrats.
What’s more troublesome is that on September 15, the bill first has to clear the procedural threshold of 60 votes before it can continue to move forward to debate. The market’s already cut the chances of passage aggressively up front; if it can’t even get past this hurdle, the timeline for the US to clarify Crypto regulation will need to be pushed back again.
What’s missing now isn’t industry support—the missing piece is the last few votes in Congress.
If the ethics provisions can’t be agreed on again, this time the CLARITY Act could really fall right at the place closest to the finish line!
$BTC market share this round is being hammered to 59.36%!
The 60% integer threshold has already been breached.
Capital is clearly starting to spread into copycat coins.
High beta is rushing to reclaim market attention.
The altcoin rotation is finally starting to take shape this time!
BTC dominance has been squeezed all the way down from above 60.4% to 59.36%, and in the short term it’s showing a continuous weakening structure. BTC price hasn’t collapsed in sync, yet dominance keeps sliding—this usually means new capital is flowing more into ETH, SOL, and other altcoins.
Even more interesting: earlier, the OI share of the copycats also overtook BTC. Now market share keeps dropping further, and both spot and leveraged capital are beginning to rotate in the same direction. Next, watch whether 59% can hold. If it continues to break down, the relative strength of altcoins will very likely be amplified further.
BTC holds the line to stabilize the broader market, while altcoins start flexing their momentum.
If dominance gets smashed lower again, this altcoin rotation really could get the whole market lit up!
$BTC Short-term whale profits have already been pushed to a historical high!
The unrealized profit volume has surged to $9.07 billion.
The short-term profit-taking positions are starting to stack up too thick!
The higher the price goes, the easier it is for realization pressure to be amplified.
What you should focus on in this segment isn’t chasing a breakout anymore—it’s who will be the first to dump their chips!
Data shows that the current cumulative profit of Bitcoin’s short-term whales has risen to about $9.07 billion, setting a historical high. This indicates that this batch of large funds that entered recently has already accumulated a very considerable amount of unrealized gains. As soon as the price shows weakness, some of these positions could quickly shift from “profit” to real sell pressure.
This structure doesn’t necessarily mean BTC will top immediately, but high unrealized profits mean the market’s tolerance for adverse moves will clearly decline. Next, it all comes down to whether spot ETFs and new buying demand can continue to absorb these profitable positions. As long as the bids stay firm and strong, high profits don’t have to trigger an immediate sell-off. But once spot buying can’t keep up, volatility will rapidly expand.
$9.07 billion of unrealized profit, in itself, is a potential pool of sell pressure.
Can the bulls keep going at full force? First, let’s see whether the market has the ability to absorb these profits!
$BTC Canada-U.S. tariff war officially kicks off with a full-force escalation today!
Canada launches an all-around counterattack against U.S. goods.
Hundreds of categories of products see tariff rates raised to 15%—50%!
U.S. steel and aluminum tariffs are directly doubled to 50%.
The latest round of talks between Trump and Carney has fully shifted into a hard showdown!
Canada’s newest retaliatory measures took effect on September 8, covering about USD 20 billion worth of U.S. goods. Tariff rates rise from 15% all the way to 50%, affecting multiple sectors including steel, aluminum, agricultural products, furniture, apparel, and electronics. Among them, tariffs on U.S. steel and aluminum products that were previously 25% have been directly raised to 50%.
This friction has already moved from the negotiating table to real trade costs. What the market is most likely to reprice next are corporate profits, inflation, and the North American supply chain. If both sides continue to pile on tariffs, pressure will build on autos, manufacturing, and cross-border consumption—and the U.S. stock market may once again face a round of tariff risk premia.
Previously, the market was still waiting for an agreement. Now both sides have started collecting tariffs for real.
If tariffs are stacked even higher, this Canada–U.S. tariff line is very likely to become the next new powder keg for macro volatility!
Click the card below to go straight to the fight! 👇
The correlation between BTC and gold has surged to 0.57.
Meanwhile, the Nasdaq has been dropping all the way to 0.22!
Cathie Wood has also started to pay attention to this change.
The next major breakout might be hiding in this re-pricing of assets!
In recent times, the correlation between BTC and gold has rapidly climbed to 0.57, while the correlation between BTC and the Nasdaq has fallen back to 0.22. The market is increasingly reducing the pricing of BTC as a “high-beta tech asset.” As a result, the logic of hedging via scarce assets and currency depreciation is getting stronger instead.
Cathie Wood believes that a tighter gold linkage could set the stage for BTC’s next round of a major, large-scale breakout. Next, it will come down to whether BTC can maintain relative strength as gold continues to strengthen. If capital starts allocating to both types of scarce assets at the same time, the “digital gold” trade thesis will keep heating up.
The farther away it goes from the Nasdaq, the closer it gets to gold.
Once capital fully prices in this role switch, BTC’s next revaluation could accelerate even faster!
The yen has surged to its strongest level in nearly seven months.
Short yen positions are starting to aggressively cover.
Rate-hike expectations for the Bank of Japan are heating up fast.
This move already has the feel of some Carry Trade unwinding!
During the session, USD/JPY slid to around 152.9, and the yen’s cumulative appreciation over the past week is close to 4%. The market is rapidly closing out previously crowded short positions in the yen, while betting that the BOJ will continue hiking rates in September. The logic behind the carry trade has clearly begun to flip.
What’s even more worth watching is Carry Trade. Once the yen continues to strengthen, funds that previously borrowed low-interest yen to buy high-beta assets like US stocks and Crypto may be forced to reduce and cover back into yen. That could add volatility to global risk assets in the short term. Whether 153 can fully break down, and whether the BOJ will truly deliver a 25-basis-point hike, are the key points in this story.
The more the yen rises, the easier it becomes for leveraged global funds to start contracting.
If 153 can’t be held back, this yen squeeze could even go after the next round of Carry Trade!
$BTC Wall Street’s next big migration could go straight to on-chain IPOs!
CZ publicly called out: IPOs will ultimately move onto the blockchain.
U.S. stock tokenization is also accelerating in parallel!
Trading infrastructure for the next 24 hours is being pushed forward.
This time, the target is truly trillion-level traditional assets!
Binance founder CZ recently said that in the future, IPOs will gradually move toward the chain. At the same time, the U.S. securities market is also advancing tokenized securities regulations and longer trading hours. The NYSE, 24X, and others have already submitted and implemented related rule changes around on-chain securities trading, and the boundary between traditional stock and crypto infrastructure is rapidly thinning.
The most imaginative part is that, in the future, stock issuance, trading, settlement, and even collateral could all be gradually connected to the blockchain. On-chain U.S. stocks 24/7 are not yet fully live, but the direction is getting clearer by the day. Once IPOs are also brought in, crypto won’t just be eating up “funds from the coin world”—it will be capturing the on-chain migration demand for tens of trillions of dollars of assets from traditional capital markets.
It used to be that crypto wanted to enter Wall Street. Now Wall Street is starting to move onto the blockchain itself.
If IPOs really go on-chain, the next biggest narrative may not be only about issuing tokens—but about completely rebuilding the entire capital market!
$BTC Liquid This $300 million-scale hacker incident is really coming to an end!
The white-hat has returned 3,400 BTC.
The returned amount is about $268.16 million!
The remaining 598.5 BTC has been transferred to a new wallet.
Whether this portion is a bounty or not becomes the final suspense!
Of the nearly 4,000 BTC that were previously transferred out from the Liquid Network, the white-hat hacker has now returned 3,400 BTC, worth about $268.16 million. The bulk of the funds has already been restored to Liquid, which means the risk of the worst-case scenario—permanent loss of the entire sum—is clearly reduced.
The remaining 598.5 BTC, worth about $47.2 million, has been moved into a new wallet. As of now, market speculation suggests this part may be related to the bug bounty, but until there is official confirmation, it still can’t be directly treated as the final bounty. Next, everyone will watch whether Liquid will officially disclose the bug details, the reward arrangement, and the network restoration progress.
$268.16 million is back—this crisis can finally breathe out a lot of relief.
How the remaining $47.2 million will be categorized will determine whether this incident ultimately was simply “stolen” or “the most expensive white-hat test in history”!
$ETH Hegotá's upgrade has two ace cards already locked in and being put to work!
FOCIL has been listed as a must-have rollout.
Frame Transactions also enter the highest priority tier!
One strengthens resistance to censorship, the other rebuilds account capabilities.
Ethereum is even starting to prepare for the quantum era ahead of time!
Hegotá upgrade is currently locked on two “S-level Must Ship” core items: EIP-7805 FOCIL and EIP-8141 Frame Transactions. FOCIL focuses on improving transaction resistance to censorship and forced inclusion capabilities. Frames make account validation, gas payment, and signing methods more programmable, while also paving the way for future integration of anti-quantum signatures.
A bigger timeline has already been set for December 2029: the goal is for Ethereum L1 to be fully equipped with anti-quantum capabilities across the execution layer, consensus layer, and data layer. In other words, this round of upgrades isn’t just about stacking TPS—security, account abstraction, and long-term survivability are all pulled into the main line at the same time.
Hegotá is what fills in the foundational capabilities Ethereum will need for the next decade.
If FOCIL and Frames land smoothly, this ETH technical narrative can push forward a big leap again!
$CL Trump directly called for an “oil price crash” this time!
There’s only one condition: win the war with Iran.
He even shouted a gasoline target of $3.
And ultimately wants it pushed below $2.
He’s basically put the war premium in the energy market right on the table!
Trump’s latest comments say that once the U.S. “wins the war with Iran,” oil prices will see a sharp drop—and the pace could be very fast. He also predicts U.S. gasoline prices will first fall to $3 per gallon, and ultimately drop below $2; these $3 and $2 refer to gasoline prices, not the price of crude oil per barrel.
The key thing the market is pricing right now is how long the war lasts, whether Hormuz shipping can resume, and when supply risks will ease. As long as the conflict continues, crude oil will still carry the geopolitical premium. Only if there’s a clear ceasefire or a recovery in supplies can the war premium accumulated earlier be quickly squeezed out—then inflation and U.S. Treasury yields can also breathe a little easier.
Trump has already played the card “war ends = oil prices get slaughtered” straight on the table.
Once geopolitical risk truly ebbs, crude oil could become one of the most volatile assets in the next round of swings!
$BTC holiday market conditions begin to show a bit of fatigue!
Around 78K there’s an FVG and a liquidation zone.
The liquidity “magnet” below is becoming more and more obvious!
A pullback to 79.5K will be the key level for the short term.
This kind of holiday market is the easiest to make people get repeatedly tricked back and forth with fake moves!
BTC is currently trading weakly in a low-liquidity holiday environment. Around 78K, there’s both an FVG and liquidation liquidity stacked together, so the price has strong appeal to sweep a bit lower. In the short term, if it first pulls back to around 79.5K, then watch whether spot demand and sell pressure appear again. This area will become a very important direction-confirmation point.
But the biggest problem with holiday trading is thin volume and many fake breakouts—technical levels are very easily pierced back and forth. If you really want to judge the structure, whether 78K can be quickly reclaimed and whether 79.5K can hold and stand firm is more valuable than simply guessing the next candlestick.
78K is like a magnet, 79.5K is like a gate.
Don’t get fooled by small fluctuations during the holiday—wait for liquidity to return, and then going hard on the direction will be clearer!
$BTC is actively tearing away from the “technology stock proxy” label!
The 90-day gold correlation has surged to 0.56.
The highest level since 2017!
Meanwhile, the Nasdaq correlation during the same period has fallen to around 0.30.
The narrative of digital gold has been reignited in the market again!
Looking at the 90-day window, the correlation between BTC and gold has risen to 0.56—exceeding the prior high of about 0.50 in November 2020—and reaching the highest level in nearly 9 years. At the same time, the correlation between BTC and the Nasdaq 100 has dropped to about 0.30, hitting a one-year low.
The shorter-term picture is even clearer: over 30 days, the BTC–gold correlation has climbed to 0.72, while BTC’s correlation with the Nasdaq Composite is only 0.22. Funds are more frequently putting BTC and gold into the same “currency devaluation / scarce asset” trade, while the “tech-stock” characteristic is weakening instead.
BTC is still highly volatile, but the market’s role for it has begun to change.
The stronger gold gets and the less BTC tracks the Nasdaq, the more room this “digital gold” repricing has to keep tearing through!
$BTC ETF today again went in and swallowed 2038 units!
Net inflow for the day: $168.3 million.
7-day cumulative: 11,093 units absorbed!
ETH side is also continuing to maintain net inflows.
The two institutional capital flow lines are still being lifted upward together!
As of September 7, Bitcoin ETF saw a net inflow of 2,038 BTC in a single day, worth approximately $168.3 million; over the past 7 days, cumulative net inflows totaled 11,093 BTC, corresponding to about $880.76 million. The spot market continues to absorb supply; the weekly capital direction is still clearly net positive.
Ethereum ETF is not falling behind either: single-day net inflow of 22,023 ETH, worth about $55.04 million; 7-day cumulative net inflow of 64,879 ETH, corresponding to about $162.16 million. Both BTC and ETH are maintaining positive inflows, indicating institutional allocation demand is still ongoing—not propped up by a single asset.
BTC takes the lion’s share, and ETH continues to follow along and accumulate.
As long as these two ETF capital flow lines keep running, the spot fundamentals of mainstream crypto will continue to get harder!
$BTC Strive is giving off the familiar “keep buying coins” vibe again!
The CEO’s latest line has instantly sparked market imagination.
“Strive’s wall-breaking season is here.”
The company has been building up its Bitcoin exposure all along.
This time, it likely hints at another major move.
After Strive’s CEO posted “Wall-breaking season at Strive,” the market quickly interpreted it as a sign the company may be preparing to further expand its Bitcoin holdings. Although this statement by itself is not yet an official announcement of a new round of purchases, set against Strive’s continued efforts to push forward its BTC treasury strategy, the signal is already very clear.
Next, just keep an eye on company announcements, financing activities, and changes on the on-chain/custody side. As long as new holdings truly appear, that corporate treasury buy-line will gain another incremental burst. Beyond Strategy, more and more listed companies are treating BTC as a core balance-sheet allocation.
They talk about “breaking walls,” but what the market is really watching is the next Bitcoin buy order.
If Strive really keeps adding to its position, this fire in the corporate treasury will keep spreading outward aggressively!