Odaily Planet Daily News: The U.S. cryptocurrency sector rose, Coinbase (COIN.O) rose more than 3%, Bitfarm rose nearly 4%, and Hut 8 rose nearly 5%. White House officials said Trump will sign an order to pave the way for alternative assets in 401(k).

Odaily Planet Daily reported that according to Arkham monitoring, about 6 minutes ago, Grayscale transferred 2,354 ETH worth US$9.04 million to the Coinbase Prime hot wallet.

Odaily Planet Daily reported that according to Lookonchain monitoring, the whale 0 xd 8 d 0 sold 10,000 stETH (worth approximately US$38.16 million) and 398 BTC (worth approximately US$46.41 million) in the past 2 hours in exchange for 84.93 million USDC.

According to on-chain analyst Ai Yi (@ai_9684 xtpa), two addresses suspected to belong to the same individual have sold 1,770.2 ETH, valued at approximately $6.71 million, held for six months. The funds were sourced from the privacy protocol Railgun. These ETH were acquired at $2,690 in February 2025, resulting in a profit of approximately $1.95 million. Monitoring indicates that one of these addresses withdrew 6.75 million USDT from Binance half an hour ago, possibly completing the sale.

According to on-chain analyst Yu Jin, an insider whale has just had their ETH short position on GMX liquidated, opening 475,000 USDC there two hours ago. Their previous short position on Hyperliquid was also liquidated.

Odaily Planet Daily reports that Nasdaq-listed Canaan Inc. has released an unaudited Bitcoin mining update report for the period ending July 31, 2025. The report reveals that the company mined 89 ETH in July and held 1,511 Bitcoins on its balance sheet as of the end of July. (PRNewswire)