余烬Ember

Bosses, if you haven’t bound an invitation code for a Binance Web3 wallet yet, you can use my invitation code to bind it. Even older accounts that are already in use can also fill it in. It can reduce trading fees by 30%. If you’re刷刷（trading）every day, the savings over the long run can be significant.

How to bind: On the Binance app, go to the Wallet homepage, tap "Invite" → tap to enter the invitation code → copy the invitation code "EMBER" and paste it, then tap OK. ​​​

A pattern: do micro-strategies seem to sell coins only during the last few days of the month to the first few days of the next month? Is it just for easier accounting or something?

So far, for three consecutive months, they have sold coins three times, and each time it was only during those days from the end of the month to the beginning of the next month:
5/26-5/31, sold 32 BTC;
6/29-7/5, sold 3,588 BTC;
7/27-8/2, sold 1,638 BTC.

An ancient BTC miner moved 500 BTC that hadn’t moved in 13 years about half an hour ago ($31.27 million).

After these 500 BTC were consolidated from mining addresses in 2013, they haven’t moved since. At the time, the BTC price was $1,020, making these BTC worth $510,000.
That price was the peak around those years—until the price didn’t climb back above $1,000 again until 2017. In other words, they’d been locked up for three or four years.

Of course, looking at it now, it was a low point. These BTC are now worth 60 times as much.

Address: 18TExPoeCKud3H71fGPNJ54TVuNp2q8VV9

Last Week’s Treasury Operations Update:
◎After a month, MicroStrategy sold crypto again: last week it cut losses, selling 1,638 BTC. It sold below the cost basis by $11,462, resulting in a loss of $18.77 million.
◎Bitmine bought 10,399 ETH last week ($19.85 million). It made only a small purchase to maintain the treasury’s weekly ETH-buying record since its launch.

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◎Bitcoin treasury company Strategy (MSTR) cut losses and sold 1,638 BTC last week at about $63,957 per BTC ($105 million).
It now holds a total of 842,138 BTC ($52.684 billion), with an average cost of $75,419 and an unrealized loss of $10.829 billion (-17%).

◎Ethereum treasury company Bitmine (BMNR) purchased 10,399 ETH last week at about $1,909 per ETH ($19.85 million).
They now hold a total of 5,797,813 ETH ($10.674 billion), with an average cost of $3,371 and an unrealized loss of $8.871 billion (-45.4%).

So it’s just high-bid, low-sell, huh? 😂

Arthur Hayes didn’t he just cut his losses and sell 2,364 ETH at a price of $1,821 the other day early in the morning, and then just now he bought it back again at an even higher price:
He used an OTC deal to convert $5 million USDC into 2,675.6 ETH at a price of $1,869.

After two months, Trump once again cuts losses: Trump Media's publicly listed company (NYSE code: DJT) transferred 2,628 BTC ($165 million) to the Crypto.com exchange about 6 hours ago.

They are currently losing as much as $555 million on BTC:👇
1. Last year, in July–August, Trump Media raised funds by selling company stock and convertible bonds, and then bought 11,542 BTC ($1.368 billion) at an average price of $118,529.
2. Since this year began, they have gradually cut their losses by selling a total of 7,281 BTC ($545 million) at an average price of about $74,860. This brings the realized loss to $318 million.
3. They still have 4,261 BTC ($268 million) left, with an unrealized loss of $237 million.

Multiple institutions partially de-lever and sell HYPE. In the past month, HYPE has fallen from $72 to the current $52, a drop of 28%.
At $52, the liquidation price for the whale position we’ve been watching—holding 1.38 million HYPE ($72.15 million) in long exposure—is quite close: his long liquidation price is currently at $47.6. That’s just 9 points below HYPE’s current price—let’s not let this trade blow up his position this time 😂

He has held this position for 8 months and hasn’t closed it. It’s been a constant roller coaster: at the end of January he was down by $26 million and almost got liquidated, and in June it reached a peak unrealized profit of $47.46 million.
This time the price has dropped again to near his liquidation price. Of course, his position is still showing an unrealized profit of $18.8 million. Why is it still so profitable yet close to the liquidation price? Because he withdrew a lot of the unrealized-profit margin earlier.

Address: 0x082e843a431aef031264dc232693dd710aedca88

ETH dropped 3%—Arthur Hayes… did he just cut his losses again?😂
Didn’t he buy 3,298 ETH at an average price of about $1,916 via OTC over the first half of the last couple of weeks?
Just two hours ago today, he transferred 2,364 ETH into Cuberland and Galaxy Digital, then withdrew 4.305 million USDC. Most likely he sold.

Is he starting the high-buy/low-sell cycle again? If he sold, then he’s down by $220,000.
Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21

This whale actually has another address. Earlier, that other address also transferred the 1,893,000 HYPE ($106 million) that were redeemed at dawn onto the HyperEVM chain.

So far, it hasn’t moved into an exchange the way the previous address did.
Address: 0x90B38C5728f184C87EF46479cf7B402d7B98B98a

In other words, what it accumulated for about $19.79 back in early last year is actually 2.886 million HYPE, and it’s currently in profit of more than $104 million.

Storing all this jumping up and down—too exciting 🫡 In just two days, it first dropped 30% and then rose 30%.

On Hyperliquid, the biggest Hx force air squadron also rode an unstoppable roller coaster: he was up about $13.5 million on his short position yesterday, but today he not only gave back all the unrealized gains—he’s now down underwater by $740,000 in unrealized losses.

That kind of swing—most people can’t handle that excitement 😂

Address: 0xEbE126aDaBe1a8F08d3cE53b45E7Cc994CA14070

1 hour ago, a whale took control of 1.032 million HYPE (worth $57.6 million) held for a year and a half and transferred it to Coinbase Prime and FalconX. He profited $37.45 million on HYPE (+186%).

I. In early 2025, he withdrew 1.018 million HYPE from Gate at an average price of about $19.79, when the value was $20.15 million. After that, these HYPE were deposited for staking.
II. In the early hours today, all the HYPE were redeemed, and then transferred to Coinbase Prime and FalconX at a price of $55.8.

Address: 0xcEF1C075DBFe6B2D774C74A8B94E8350E9b42C25

Tonight’s storage sector is exploding to the upside—just now, the biggest CXMT “CXMT Air Force” has continued to add to his short position.

He opened his short one day before the CXMT IPO and has added multiple times since. At present, he holds CXMT short positions worth $22.26 million, with an unrealized loss as high as $4.06 million.

Address: 0xf2925cb0779a741fe33037cbd88fca5382e41244

Is it that stocks are too risky, and the giant whale has returned to “gentleness” in crypto?😂
Just now, an address withdrew 1,250 BTC (worth $80.94 million) from Binance to the blockchain.

Address: bc1qwzcyf09xc7prjhfn9jvl8g7wukx8yf5kur22gv

After the whale pulled back in the US stock market, it just went long worth $85.66 million in the S&P 500 and storage:

Including an S&P 500 position worth $74.0 million ($SP500), Micron worth $6.8 million ($MU), and SanDisk worth $4.86 million ($SNDK).
Currently, it’s down $370,000 in unrealized losses.

Address: 0xaEAAB54bbf65bfD6EfEd7d2Eb68372298E3c2416

Hyperliquid development team HyperLabs posted a relocking request for 433,000 HYPE tokens ($23.45 million) 8 hours ago. This HYPE will complete the relocking after a 7-day Pending period.

Address: 0x43e9abea1910387c4292bca4b94de81462f8a251

In the last 4 days, 4.452 million KAITO ($5.61 million) were withdrawn from Binance to the chain by 6 wallets. And over these days, the KAITO price has risen 35% ($0.93→$1.26).
Were they buying with a pull/boost? 🤔

If you extend the timeline to one month, the KAITO price is up 193% ($0.43→$1.26).

Addresses:
0xC53ae80dB800251c5714C63EFD27c4713cB510Ff
0x44c2ce6f8CB77eF2BeBBe2c4cAc14d17A064485c
0x939d42a46DED0590776BF17343E18d177EAE90c9
0x433c92807540FBeEd033Ea18CA2eBdD358F70794
0x56886eDb3cFABf71b516c104Ba0AB7578FC469d9
0xeF612e214EfdCad9b8BA39f05DB81A354baB025E

Update: After being withdrawn from Binance, all 40,000 ETH ($76.67 million) were deposited into Ethereum staking.

😲10 minutes ago, an address withdrew 40,000 ETH (approximately $76.67 million) from Binance to the blockchain.
Which big shot made the buy recently?

Address: 0x2d5979DC265e1349d13410fC1f5d5Db6C12BB177

5 minutes ago, Selini Capital transferred 495,000 HYPE ($26.8 million) received from Hyperliquid staking withdrawals to OKX

Address: 0xD172868aa4456c0b876383a5074e63DFFe8179Ac

Storing it is too scary—crypto is kinder😂
SK Hynix released its Q2 earnings report this morning, with both sales and profit coming in below expectations. It fell 8% yesterday, and SK Hynix is down another 10% today.

It’s unclear whether the Korean girls’ summer is still here, but on Hyperliquid the biggest “Hynix air force” summer is definitely on: his short position in Hynix has an unrealized profit of as much as $9.56 million.

Address: 0xEbE126aDaBe1a8F08d3cE53b45E7Cc994CA14070