ChainCatcher message, according to Coinglass data, if ETH falls below $1,827, the liquidation intensity of long positions on major CEXs will reach $865 million. Conversely, if ETH breaks above $2,014, the liquidation intensity of short positions on major CEXs will reach $544 million.
ChainCatcher message: the giant whale shared market views on the X platform, saying “finally, the chance to board is coming.” Previously, it pointed out that the current market’s shorting—value for money—is too low; relatively speaking, it has already reached a mid-cycle bottom. It also feels that the next trend for Bitcoin should soon emerge, kicking off a new round of uptrend. Afraid of missing the start signal.
According to Catcher Predict monitoring on-chain data, it predicts major capital inflows and outflows on the Polymarket market. A whale-funded amount placed a single large buy of $131,403.77 targeting the “Match Winner” for the event “LoL: Bilibili Gaming vs Top Esports - LPL Group Stage.” Based on the current trade price, the latest corresponding winning probability for this asset is 62.85%.
ChainCatcher message, according to Gate market data, Cloudflare’s stock price rose 11.5%, hitting a record high. Previously, the company raised its annual revenue forecast.
ChainCatcher message: According to Gate market data, the Dow Jones Index opened higher on August 7 by 33.6 points, up 0.06%, to 53,918.7 points; the S&P 500 Index opened up 21.41 points, up 0.28%, to 7,731.39 points; the Nasdaq Composite Index opened up 200.51 points, up 0.76%, to 26,548.86 points.
ChainCatcher message. According to Gate market data, at the U.S. stock market open, the Dow Jones rose 0.11%, the S&P 500 index rose 0.32%, and the Nasdaq rose 0.78%. The VIX volatility index rose 0.92%. AI concept stocks broadly gained: Atlassian rose 32.55%, Twilio rose 20.22%, CoreWeave rose 4.89%, SoundHound AI rose 4.38%, and Arm rose 3.95%.
ChainCatcher messages, around the release of the U.S. Non-Farm Payrolls data, Bitcoin rebounded. A “whale” “set 10 big targets first” and posted the recent gains from its Bitcoin long positions. The accompanying image shows it opened the trade below $64,000, with unrealized profit already exceeding $4 million.
ChainCatcher message: According to Lookonchain monitoring, the trader who previously opened 1,600 Bitcoin short positions has reduced the position again by 500 BTC (about $32.58 million) to reduce liquidation risk. Currently, the trader's cumulative losses have exceeded $1,500,000, and the remaining short position is about 900 BTC (worth about $58.6 million).
After the position reduction is completed, the liquidation price for this short position has moved up to around $64,998.73.
Analyst: Bitcoin’s bullish rally may have started, and multiple technical indicators are sending bottom signals
ChainCatcher message: the encryption analyst AI posted on the X platform saying that multiple technical indicators at the monthly chart level for Bitcoin are releasing bullish signals, suggesting that the current market may already have formed a macro bottom. Data shows that the TD Sequential indicator triggered a buy signal on Bitcoin’s monthly chart last month. This indicator previously successfully identified the bear market bottom in 2022, and similar signals are appearing again now. In addition, Bitcoin’s current price is approaching the 50-month simple moving average (SMA). Historical data shows that since 2014, this long-term moving average has repeatedly become an important support zone for Bitcoin and has corresponded with multiple market bottoms.
ChainCatcher message, according to Lookonchain monitoring, after the Kingdom of Bhutan was quiet for 1 month, it sold 434.87 BTC, worth $27.93 million.
Aave Founder Criticizes EIP-8363, Calls for Protecting the Ethereum Staking Ecosystem
ChainCatcher report: Aave founder Stani Kulechov recently said that SharpLink Gaming opposes the Ethereum improvement proposal EIP-8363, and claimed that SharpLink is one of the largest supporters and funding contributors in the Ethereum ecosystem. Stani said that SharpLink executive Joseph Chalom raised some reasonable points regarding the feasibility of the proposal and its implementation timeline. He also called on the community to “protect ETH staking,” emphasizing that when advancing Ethereum protocol improvements, it is necessary to fully consider the interests of staking ecosystem participants and the long-term impact. EIP-8363 has recently sparked debate in the Ethereum community; the main controversies revolve around its potential effects on ETH staking mechanisms, validators’ economic models, and ecosystem security. Community members are currently assessing the necessity of the proposal, the implementation timeline, and the possible consequences it may bring.
U.S. Labor Market Cools Off: July Nonfarm Payrolls Unexpectedly Fall by 23,000; Prior Two Months Revised Down by 103,000
Author: Wall Street News
A sharp cooling signal emerged in the U.S. labor market, prompting the market to quickly reprice its expectations for the Federal Reserve’s monetary policy trajectory. The U.S. Bureau of Labor Statistics reported on Friday that July’s nonfarm payroll employment fell by 23,000, far below the market’s expectation of an increase of 80,000. Moreover, data for the prior two months was also revised downward by more than 103,000. This marks a clear sign of weakening in the labor market after it had continued to run above expectations earlier this year. After the data release, U.S. stock index futures surged rapidly. Traders scaled back their bets on the Fed raising rates in 2026, and implied rate-cut expectations in turn warmed up.
Vitalik: Signal Is Exploring Registration Without a Phone Number—True Privacy Still Requires Unlinkability on a Per-Message Basis
ChainCatcher: Ethereum co-founder Vitalik Buterin posted that Signal recently announced it is exploring letting users register accounts without a phone number. He welcomed the move and believes it will help reduce reliance on phone numbers, a highly oligopolistic system, lower identity security risks stemming from SIM card swapping, and make it harder for governments in different countries to pressure Signal to ban local users based on nationality. Vitalik also noted that while the initiative is better than the current state of affairs in terms of privacy protection, it only achieves “confidentiality” and has not yet reached true anonymity, because metadata such as message sending time, frequency, and recipients can still be used to piece together identity associations. He believes that with advances in AI technology, long-lasting, persistent anonymous accounts are becoming obsolete; the only privacy form that is defensible is “no one can link messages, even one-by-one,” meaning no one except the sender and recipient knows the identities of the communication parties. This direction is currently being explored and advanced by new communication tools such as Session and SimpleX, as well as by projects focused on mixnet networks. In addition, defenses against spam and denial-of-service attacks will also become key issues to address next.
Trader Killa: Once Bitcoin breaks the long-term descending trendline, never short it
ChainCatcher message: Renowned trader Killa posted that when Bitcoin breaks through the current long-term descending trendline, you should under no circumstances short it. “In the last cycle, many people overly complicated what should have been a simple trend shift, and the weekly chart is the best confirmation signal.” His accompanying chart shows weekly Bitcoin charts for 2026, 2022, and 2018. All three display a similar descending channel pattern after forming local highs, used to draw an analogy to the current market structure. As a BTC-focused quantitative trader, Killa predicted the top of this bull cycle in May 2025. On the X platform, he has over 200,000 followers. In mid-April, he shorted Bitcoin at $74,688, and during the market-wide downturn on June 5, he switched to going long.
U.S. July employment shrinks more than expected, posing a policy challenge for the Federal Reserve as rate-hike expectations rapidly cool
ChainCatcher news: In the U.S., employment unexpectedly dropped by 23,000 jobs in July, far below expectations of an increase of 80,000. The June gain was also revised down to just 20,000. Despite softness in the jobs market, the unemployment rate unexpectedly fell from 4.2% to 4.1%. In comments reported by the Fed’s “whisperer” Nick Timiraos, the U.S. unemployment rate fell to 4.09% in July because both the number of people seeking jobs and the number of people counted as unemployed declined; this data pushed the unemployment rate to its lowest level in two years. The analysis points out that this disappointing report has again raised concerns about the labor market and may make the Federal Reserve’s rate decisions more complicated, as policymakers need to strike a balance between weak employment and persistent inflation. As a result, market expectations for rate hikes quickly fell.
ChainCatcher message: Matt Hougan, Chief Investment Officer at encrypted asset management firm Bitwise, said that if the Clarity Act fails to pass this week, the market may experience temporary volatility, but it will be prepared for a rebound in autumn.
ChainCatcher message, according to Gate data, spot gold’s intraday gain has expanded to 3%, reaching $4,368.18 per ounce, the highest level since June 17. U.S. July nonfarm payrolls decreased by 23,000, while the market forecast was an increase of 80,000; the prior value was an increase of 57,000.
Starknet Completes Post-Quantum Signature Transfer Testing and Explores a Wallet Upgrade Path Without Migration
ChainCatcher message: Starknet announced that it has completed post-quantum signature transfer testing. A wallet account using a post-quantum signature mechanism completed a real transfer on the Starknet mainnet. The transaction fee was about 6 cents, and the transaction can be queried via a block explorer. The account is currently an experimental, unaudited version, mainly used for research and testing. StarkWare said that this transfer was made possible thanks to the design of the Starknet account model. Unlike most blockchains that hardcode the signature algorithm at the protocol layer, each Starknet account is a smart contract that can independently define which signing schemes it accepts. Therefore, users can upgrade a wallet from traditional elliptic-curve signatures to post-quantum signatures without a hard fork, without migrating assets, and without changing addresses. StarkWare noted that most blockchains face quantum computing risks because both wallet signing and the underlying verification systems rely on elliptic-curve cryptography. Once large-scale quantum computers appear, running Shor’s algorithm could break the corresponding cryptographic systems. Currently, the Starknet ecosystem has already supported a post-quantum signature scheme based on Falcon-512. This scheme is part of the NIST post-quantum cryptography standardization process, and relevant implementations have been promoted by ecosystem teams and organizations such as OpenZeppelin.
ChainCatcher message: The Russian Federal Security Service (FSB) conducted a sudden raid on nine unregistered crypto trading service providers in Moscow. The FSB said they allegedly used crypto assets to transfer the proceeds of诈骗 (scams) abroad, and detained more than 20 employees at the International Business Center in Moscow.
The FSB said these exchanges converted stolen funds from Russian phone-scam victims into cryptocurrencies and transferred them to what it described as Ukrainian processing counterpart accounts. The operation was carried out jointly by the FSB and the Russian Ministry of Internal Affairs. The Ministry of Internal Affairs has launched a criminal investigation into large-scale fraud; under Russian law, the offense carries a maximum penalty of 10 years in prison. The FSB said it is continuing to identify victims and assess potential compensation.
ChainCatcher message: In the U.S., July seasonally adjusted nonfarm payroll employment decreased by 23,000, versus an expected increase of 80,000; the previous value was revised from 57,000 to 20,000.
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