📡 Hourly Update | 11:00-12:00

1. RecodeX restructures the message: After RecodeX set a new yearly high on UNI, in the past 3 hours, a certain address withdrew 1 million UNI from Binance, worth approximately $6.36 million, and transferred it on-chain.

2. RecodeX restructures the message: According to on-chain monitoring, a Fireblocks-custodied wallet transferred 22.45 million USD1 stablecoins to the Binance exchange. Previously, the same address had transferred 66 million USD1 to Binance.

3. RecodeX restructures the message: Data released by Chris Bowen, Australia’s Minister for Climate Change and Energy, shows that in August, the country’s sales of pure electric vehicles exceeded 27,000 units, accounting for 24.9% of total new car sales—an all-time monthly high. For the first time, EV sales surpassed gasoline vehicle sales (25,824 units). Year over year, EV sales grew 171%. Together, pure electric, plug-in hybrid, and conventional hybrid models made up more than half of total new car sales.

4. RecodeX restructures the message: Liu Min, chief engineer of the State Administration for Market Regulation, said at the 2026 World Battery Industry Conference that preventing “involution-style” competition has been included in a comprehensive rectification framework. In coordination with the Ministry of Industry and Information Technology, the National Development and Reform Commission, and other departments, efforts will continue to carry out capacity-warning and regulation, standardize price competition, strengthen oversight of product quality, and work to build a market environment characterized by high quality at fair prices and fair competition.

5. RecodeX restructures the message: During today’s early trading session, the three major indexes rose across the board. By the lunch break, the Shanghai Composite was up 0.35%, the Shenzhen Component up 0.27%, the ChiNext up 0.43%, the Northern Exchange 50 up 1.21%, while the STAR50 Index was down 0.7%. Across the whole market, turnover was RMB 1.2472 trillion, up RMB 133.6 billion from the previous day. More than 4,100 stocks advanced. By sector, cross-border payments, culture and media, digital currency, liquor, and pork led the gains; precious metals, electronic chemicals, lithography machines, semiconductors, and memory chip sectors lagged.

6. RecodeX restructures the message: Fidelity released a report stating that although Bitcoin and the crypto market surged significantly in August, it remains unclear whether the bear market has ended. Some investors, based on a four-year cycle theory, are watching for a potential market bottom that may occur in November 2026. The report also notes that indicators such as price moving higher after low volatility and high volatility rates are worth monitoring.

7. RecodeX restructures the message: Japanese Bitcoin company Remixpoint disclosed that as of this morning it held approximately 1,506.23 BTC. Its book cost was about 16.105 billion yen, the market value was about 19.006 billion yen, and the assessed gain was about 2.901 billion yen. As of August 24, the assessed gain for the same period was approximately 2.493 billion yen.

8. RecodeX restructures the message: This week, Hong Kong stocks’ large financial sector has remained active. The prices of all six state-owned large banks have reached record highs. Market funds’ preference for high-dividend bank stocks has strengthened, driving the sector overall higher.