Crypto Pro Updates
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๐Ÿค” #USDC Circle is exploring the possibility of "reversible" transactions. The CEO said the sector should learn from traditional financial experiences and allow refunds in cases of fraud or disputes. ft
๐Ÿ’ฐ #SOL Honeycomb Protocol acquired Gameshow from Solana Labs. blockworks
๐Ÿ–ผ๐Ÿ’ธ #NFT The Akio project has completed an initial $5 million funding round led by Pantera Capital.
๐Ÿ™‹โ€โ™‚๐Ÿ‘€ Cloudflare unveiled Netdollar, an inter-network transaction-oriented stablecoin.
๐Ÿ“Š๐Ÿ‘€ Glassnode Report: #BTC is showing signs of depletion. Long-term holders saw gains of 3.4 million BTC, while inflows into ETFs slowed. With stressed spot and futures markets, the $111k basis value of short-term holders is a key level to hold BTC, otherwise the risk of an even bigger fall is higher.
๐Ÿ•ต๏ธโ€โ™‚๏ธ #ETH Jeffrey Wilke, co-founder of Ethereum, transferred another 1,500 ETH ($5.99 million) to Kraken.
๐Ÿค” #MYRO Myro cheered MYRO up a bit by posting a tweet announcing the launch of a "monthly six to seven figure token buyback" but immediately deleted it.
๐Ÿณ #XPL Whale spent $571.8K on XPL public sale, buying 11.44M XPL at $0.05. Profit now exceeds $11M, a massive 19x return! plasmascan.to
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +2,186 BTC ($242.65M) ๐ŸŸข
BlackRock inflows 1,135 BTC ($126M) and currently holds 768,285 BTC ($85.28B);
#ETH-ETFs:
NetFlow: -29,764 ETH ($118.16M) ๐Ÿ”ด
BlackRock outflows 6,352 ETH ($25.22M) and currently holds 3,824,678 ETH ($15.18B).
๐Ÿ’ธ CoinGlass: ~$329 million liquidated from the cryptocurrency market in the past hour.
๐Ÿ“Š๐Ÿ‘€ #BTC Notable bids at $109,188 | $109,088 | $108,088 with ~325โ€“328 BTC each.

Such clusters often act as strong support zones โ€” but if they get pulled, price could slide fast.
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๐Ÿ“Š๐Ÿ‘€ #ETH Perps volume dominance has overtaken #BTC
๐Ÿ’ฐ๐Ÿ’ผ #BTC River: 63.6% of businesses treat Bitcoin as permanent portfolio allocation with no sell plans.

Rebalancing strategies account for only 24.7%, and static holdings just 6.5%, signalling deep institutional conviction.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ”ฎ 91.9% odds of a 25bps rate cut in October. #macro
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ #BTC #ETF BlackRock filed its Bitcoin Premium Income ETF application in Delaware.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ™…โ€โ™‚ #SUI #ETF SEC delays Canary spot Sui ETF
๐Ÿ—ฝ๐Ÿ‘€ #HYPE #ETF Bitwise registered Hyperliquid ETF in Delaware
๐Ÿ’ต #USDC Circle minted $750M USDC. Circle has minted $1B USDC on Solana in the last 24 hours.
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค” SEC Chair Atkins vows to address crypto conflicts of interest, emphasizing enforcement of laws as necessary. theblock
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๐Ÿ“Š๐Ÿ‘€ #BTC CQ: The past 48 hours have been scorching. As noted, Short-Term Holders are capitulating. Over 60,000 BTC have been sent to exchanges at a loss in that window.

Thatโ€™s a clear sign of heavy stress across the market.
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