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. ​​​

Hyperliquid development team HyperLabs yesterday early morning redeemed 433,000 HYPE ($24.25 million) from staking and has already begun selling it via market maker Flowdesk.

◎ Over the past few hours, the development team transferred 165,000 HYPE ($9.23 million) redeemed from staking to market maker Flowdesk.
◎ Then 75,000 HYPE ($4.19 million) was transferred in and sold for USDC on Hyperliquid, and 90,000 HYPE ($5.04 million) was transferred to OKX and Bybit.

Address:
0x4214123A84f497a748fdb7932EaDef6ae9230f1C
0x55Afc2C13ec1494719C9cfC7a659177a3Cbf262B
0x822F020a9870d0dbb132049BC35ED04D826d1c9E
0x97D7F01b50E1dfAd23dc5Af0A5c9601eC86E5607

The whale that just went all-in with leverage and emptied out 1,600 BTC ($102 million) two days ago has been hit again:
After BTC bounced back to $653,000 earlier just now, it was stopped out again for 500 BTC ($32.6 million).

He opened a short with $2.44 million USDT in the early morning two days ago, and now he has only $900,000 left—losing $1.54 million.
The 1,600 BTC ($102 million) short position that he held was stopped out on the rebound for 700 BTC; now he still has 900 BTC shorts ($58.66 million).

Address: 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d

Hyperliquid development team HyperLabs’ address received 433,000 HYPE (worth $24.25 million) that was redeemed from a staking withdrawal application one week ago, arriving early yesterday morning.

This early this morning, the redeemed 433,000 HYPE was distributed and redirected to 9 wallets.

According to the previous records of unstaking and outgoing transfers, these HYPE should flow into CEXs via market maker Flowdesk.

Pump sent 84,768 SOL (US$6.25 million) in fee revenue to Kraken 7 hours ago.
Address: 2p23ikTG1Da7ah7B4mtZNN2P68NfZHGPuuD6rcABCv3q

These SOL are said to be 50% of their fee revenue from the past 19 days. That means that even in today’s bearish market with sluggish Meme trading activity, they still have daily fee income of around $600,000 to $700,000.

A suspected address associated with Amber Group withdrew multiple tokens worth $9.97 million from Binance about 5 hours ago:

◎ 38.89 million ENA ($3.58 million);
◎ 28,262 AAVE ($2.52 million);
◎ 1,140 ETH ($2.18 million);
◎ 2,017 BNB ($1.20 million);
◎ 59,202 LINK ($0.49 million).

Address: 0x2a79473A38BE1469D34e0bCA235205d29F58351b

After the whales cut meat on SPCX, they turned to MU:
At around dawn, he transferred 20,100 SPCXB ($2.3 million) into Binance, and 20 minutes ago withdrew 8,000 MUB ($6.97 million) from Binance.

Whales have, in the past half month, accumulated 37,000 ETH ($71.14 million) via OTC through Galaxy Digital, at an average price of $1,923.

Address: 0x8c585dFECE9d68a09f6a17B46c686E7a126A04b1

Whale sells off after SPCX plunges 13% due to earnings and an upcoming unlock, and pays the price for the “spaceship dream,” losing $720,000 (-24%) in one month.

◎ In early July, he withdrew 20,100 units of $SPCXB (SPCX stock token) from Binance, when the SPCX price was $150.
◎ Under the double pressure of earnings and the unlock, SPCX dropped 13%. In the dead of night, the whale transferred all 20,100 SPCXB (worth $2.3 million) into Binance to cut losses, incurring a loss of $720,000 (-24%).

Address: 0x96de02546bdE61E6A62e3F242eA4C55265311445

Whale sells 429,000 UNI on-chain 6 hours ago for 929.3 ETH ($1.75M), netting a profit of $320,000.

1. In June–July, he bought 629,000 UNI at an average price of $3.34, spending $2.10M.
2. Recently, UNI rebounded from the low of $2.4 to $4.4. The whale took profit today, selling 429,000 UNI for 929.3 ETH ($1.75M) at an average price of $4.09, earning a profit of $320,000.

Address:
0x09cF91d5e137CF047Eb9E0551CEB18239B46d3Dd
0x2B4Fb01863BF134727a7dd944c1A47ba05aDc599

This whale, who went short with full leverage to the max yesterday—opening 1,600 BTC ($102 million)—was stopped out early this morning after a rebound, closing out a $13.0 million position at a loss of $146,000.

1. Yesterday morning, he used a massive 40x leverage to open a short worth $102 million in BTC, with a liquidation price at $64,889.
2. Afterwards, starting from the liquidation price, he placed stop-loss orders in the $64,885–$68,254 price range, with 50 BTC per order.
3. At around 4:00 AM, BTC rebounded to $65,000. His stop losses were triggered in 4 trades, reducing his position by 200 BTC ($13.0 million), for a loss of $146,000.
4. He now still holds 1,400 BTC ($90.54 million) in short positions, with the latest liquidation price at $64,998.

Address: 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d

Wow, this is so intense, isn’t it?!
In the past half hour, an address pulled 2.44 million USDT from OKX into Hyperliquid, and then immediately opened a short position worth $102 million in BTC!

He maxed out a 40x leverage right away, with a short entry price of $64,202 and a liquidation price of $64,889. The liquidation price is only about $900 away from the current price.

To come in this aggressively with leverage right from the start... with such a large position... it’s definitely pretty wild.

Address: 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d

Encrypted investment institution The Spartan Group just cleared out 3 investment tokens worth $3.92 million a moment ago:

They transferred 2.045 million PENDLE ($2.74 million) + 5.377 million SYRUP ($860 thousand) + 813 thousand ETHFI ($320 thousand) to Coinbase Prime.

All 3 are their investment projects, and the tokens were obtained through investment unlocks/vesting.

Address: 0x0DC874Fb5260Bd8749e6e98fd95d161b7605774D

Two addresses that appear to be from a16z. About 8 hours ago, they transferred 979,000 HYPE (worth $53.53 million) into Hyperliquid, then staked it.

The firm isn’t selling for now—does that mean we should see a rebound?

Addresses:
0x5a264A3C43E7C4a7355f15AF76f865CfdE8C2208
0xf55Fb97D4f572a6Ffb13a64A03D8b18afDfFf1C2

Bitmine deposited 150,120 ETH ($280 million) into Ethereum staking 2 hours ago.

They now collectively hold 5.7978 million ETH, with 87% (5.0673 million) earning yield in staking.
At the current 2.66% APR, they earn about 134,800 ETH per year, worth $250 million.

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.

--------------------------------------------------------------------------
◎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.