📊👀 #BTC CQ: Cycle and volatility-adjusted MVRV

100% - closer to historical overheated extremes.
0% - closer to complete capitulation.

Currently = 39%, risk/reward balance closer to neutral, no strong upward/downward signals from the metric itself, the market appears to have cooled down from overheating and transitioned to consolidation without extremes.

🐳📉 #BTC Whale "0x01ef" sold 197 BTC ($21.35M) at $108,398 and then opened a 3x leveraged short position of 561 BTC ($60.89M).

🆕👀 #Q Binance will add Quack AI Sept. 2.

💰🙋‍♂ #XRP #BTC Hyperscale Data plans to sell $125 million worth of shares and use a portion of the proceeds to buy XRP and BTC.

🐳📈 #BTC addresses holding 100+ BTC reach an all-time high. Whales are buying at an unprecedented pace.

🇪🇺🥳 #HYPE #ETF 21Shares launched 21Shares Hyperliquid ETP (ticker: HYPE) on the SIX Swiss Exchange.

📈 #ETH The stablecoin supply on Ethereum surpasses $160 billion, marking an all-time high. The supply has more than doubled from January '24 levels. #stablecoin

📊👀 #ETH seasonality outlook

Ethereum price action for 2025 is for now closely tracking historical seasonal patterns. If the trend continues, Ethereum could follow its typical year-end rally trajectory.

💰 Top 7 Funding Rounds of This Week

📊📈 #BTC Institutional demand for Bitcoin is exploding in 2025.

So far this year: 690,710 BTC bought vs just 109,072 BTC newly mined.

🔓📝 Upcoming major token unlocks:
#IOTA 0.22% ($1.71M) – Sep 3
#HONEY 1.85% ($1.63M) – Sep 3
#SPEC 12.4% ($1.21M) – Sep 4
#ENA 2.6% ($108.9M) – Sep 5
#STIK 0.0% ($1.23M) – Sep 6

🤑😱 Fear&Greed Index for #BTC and #ETH

💵 #USDT Tether minted another 1 billion USDT. Over the past 3 days, Tether and Circle have printed a total of $4 billion worth of stablecoins.

🇸🇻💰 #BTC El Salvador has increased its holdings by 8 BTC in the last 7 days and now holds 6285 BTC.

🙋‍♂ #ETH Ethereum Community Foundation released an ETH burn confirmation token called BETH, which aims to convert the underlying ETH burn mechanism into a tokenized form on the blockchain.

🖼 This week's #NFT trading volume declined 8.53% to $129.6 million, with the number of buyers and sellers up ~18%.

🔍🐳 Whale Transactions:
- A newly created whale withdrew 230,419 SOL ($48.2 million) from FalconX and staked them;
- Whale withdrew from Bybit 433,176 #IP ($3.7M);
- Whale transferred another 1,000 BTC ($109M) to Hyperliquid, sold them, and purchased ETH;
- Longling Capital, known for buying low and selling high, purchased 7000 ETH ($30.6 million)

🗣 #XRP #ETF CEO Canary Capital: XRP is second only to BTC in recognition among Wall Street professionals. If the XRP ETF gets SEC approval, demand for it could skyrocket.

🇺🇸 California governor plans to launch a memcoin called "Trump Corruption Coin" in response to Trump's controversial involvement in cryptocurrency.

👀 #BTC Saylor is hinting at buying BTC again.

🇯🇵🏦 Japan Post Bank, one of Japan's largest organizations, will create a digital currency in 2026 and possibly allow users to trade blockchain-based products - Nikkei