ππ Glassnode Report:
- In the spot market, the RSI cooled off from overheated levels and the spot CVD moved sharply into negative territory, signaling aggressive selling pressure;
- Despite this, spot trading volume remains high, signaling continued market activity and resilient demand;
- The narrowing volatility spread reflects that the market is still bullish;
- Traders are optimistic but are beginning to hedge downside risks;
- The market may move into a broader consolidation phase as sentiment declines and positions normalize.
- In the spot market, the RSI cooled off from overheated levels and the spot CVD moved sharply into negative territory, signaling aggressive selling pressure;
- Despite this, spot trading volume remains high, signaling continued market activity and resilient demand;
- The narrowing volatility spread reflects that the market is still bullish;
- Traders are optimistic but are beginning to hedge downside risks;
- The market may move into a broader consolidation phase as sentiment declines and positions normalize.
π #BTC The "Day of the Week" effect in Bitcoin: Sunday, Tuesday, and Wednesday tend to show the strongest performance.
Best day to buy: Monday
Best day to buy: Monday
ππ€ #BTC CQ: SOPR long-term holders reach new highs in 2025. Historically, when the SOPR LTH reaches the region above 4.0, marked in red on the chart, we have clear signs of a macro top.
π© #BTC Strategy plans to raise another $500M to buy BTC via a new series of preferred stock. coindesk
π²π½ #BTC Mexican real estate firm Grupo Murano plans to adopt BTC as a major strategic asset with an initial investment of $1 billion and a goal of building a $10 billion BTC treasury within 5 years. bitcoinmagazine
πΊπΈπΏ The director of the Federal Housing Administration said that talk of Fed Chairman Jerome Powell's resignation is "coming soon." x
πͺπΏ #TORN The judge overseeing the criminal case of Tornado Cash co-founder and developer Roman Storm will allow jurors to hear testimony claiming he may have modified the platform "to deter criminals from using it." cointelegraph
π Chart
π Chart
π€ Western Union is exploring the possibility of embedding stablecoins in digital wallets amid industry optimism. theblock
β€1
ππ³ Whale Transactions:
1. 0x8eEa withdrew 25,213 #ETH ($94.67M) from FalconX, and a total of 72,333 ETH ($267M) in the last 3 days;
2. 0xD479 withdrew 5,309 ETH ($19.96M) from Binance and in the last 3 days has withdrawn a total of 19,391 ETH ($72.38M);
3. 0x8C08 sold 8,005 ETH ($30.03M) at $3751, leaving 1,577 ETH ($5.96M). 2 weeks ago, he bought 9,582 ETH ($26.11 million) at $2725. Profit $9.87 million (+38%) in 2 weeks;
4. SpaceX transferred 1,308 #BTC ($153M) to a new wallet after 3 years of inactivity.
1. 0x8eEa withdrew 25,213 #ETH ($94.67M) from FalconX, and a total of 72,333 ETH ($267M) in the last 3 days;
2. 0xD479 withdrew 5,309 ETH ($19.96M) from Binance and in the last 3 days has withdrawn a total of 19,391 ETH ($72.38M);
3. 0x8C08 sold 8,005 ETH ($30.03M) at $3751, leaving 1,577 ETH ($5.96M). 2 weeks ago, he bought 9,582 ETH ($26.11 million) at $2725. Profit $9.87 million (+38%) in 2 weeks;
4. SpaceX transferred 1,308 #BTC ($153M) to a new wallet after 3 years of inactivity.
πΈ #BTC Over the past 24 hours, contracts worth ~$589.31 million have been liquidated, of which longs have liquidated ~$370.69 million and shorts ~$218.63 million.
βοΈ According to CoinGecko's report for Q2, DEX has achieved record market share over CEX in terms of spot cryptocurrency trading volume. DEX futures trading volume also reached a record high, with Hyperliquid dominating the market.