According to on-chain analyst Ai Yi, a smart money address that profited $14.26 million by buying WBTC low and selling it high appears to have sold 38,582 ETH (approximately $138 million) over the past week. If confirmed, this would net a profit of approximately $36.57 million. Since the beginning of the year, this address has withdrawn 77,700 ETH from Kraken at an average price of approximately $2,600. Currently, 25,054 ETH remain on-chain, primarily stored in Aave.

According to DeFiLlama data, the total market value of stablecoins in the current crypto market is US$267.405 billion, an increase of US$1.78 billion from last week, a month-on-month increase of 0.67%, of which USDT accounts for 61.61% of the market value.

Odaily Planet Daily reported that trader Eugene Ng Ah Sio posted on his personal TG channel: "The market has been very dangerous these past few days, but we managed to pull through. We were almost about to sell at the bottom, but after seeing BTC rebound from $112K, we decided to hold on. Now we're watching to see if ETH can reach $3,800-4,000 again, looking for a short-term opportunity. However, if the market weakens again..."

Odaily Planet Daily News analyst MLM (@mlmabc) disclosed that Paradigm may hold 19,134,900.46 HYPEs, worth approximately US$765.4 million; the estimated average price is US$16.46, the total cost is approximately US$315 million, and the floating profit is approximately US$450 million. Although Paradigm has never published its address, MLM believes that Paradigm initially purchased HYPE through FalconX, and then purchased HYPE through Wintermute after November. The large-scale HYPE withdrawals through FalconX, as well as the timing and structure of these withdrawals, mark these wallets as possibly belonging to Paradigm.

1. Coinbase ads were banned in the UK. The CEO said the more they were suppressed, the wider they would spread. 2. Trump is actively searching for the next Federal Reserve Chairman with Treasury Secretary Benson. 3. Linea’s on-chain DEX Etherex will launch its native token REX on August 6; 4. Satoshigallery: The Satoshi Nakamoto sculpture has been found; 5. Trump Media lost $20 million in Q2 and plans to launch utility tokens and digital asset ETFs; 6. Trump raised $274 million in campaign funds before the midterm elections, including donations from the crypto industry and other parties; 7. South Korean banks scramble to develop cryptocurrency business plans ahead of regulatory reforms; 8. Trump: Will announce new head of Bureau of Labor Statistics in the next three to four days; 9. Trump: A candidate will be announced in the coming days to fill the vacant Federal Reserve Board position.

According to Odaily Planet Daily, according to Lookonchain monitoring, the whale 0xab15 is increasing its BTC long position and currently holds 752 BTC (US$86 million), with unrealized profits of US$774,000. The whale has set a new profit target of US$120,000.