BlockBeats news, on August 3, Whale "set 10 big goals first" posted on their personal social platform, stating, "Already long, don't let it go to waste." According to the disclosed screenshot, they got on board at a price of $112,891.3, going long on Bitcoin with 5 times leverage, and their total open interest is currently 267.322 coins, with a margin of nearly $6.05 million. Current unrealized gains exceed $67,000.

BlockBeats news, on August 2, according to lookonchain monitoring, due to the market fall, some BTC and ETH long positions of the 0x0558 Address were liquidated. He has completely closed all positions of ETH long positions and currently holds 640 BTC (worth 72.3 million USD) in long positions. Five days ago, his total profit exceeded 18 million USD, but now only 494,700 USD remains - almost all earnings have evaporated.

Trader Eugene Ng Ah Sio stated that he is bullish on ETH again, believing that there is substantial buying in the current market. Although the hype around DAT technology has declined, one should not rush to be bearish. A reasonable position to build is at $113,000 for BTC and $3,500 for ETH, with stop loss levels set at $112,000 and $3,400 respectively.

On August 2, CryptoQuant analyst Axel pointed out that since July 31, traders have been actively closing long positions, leading to a wave of dumping in the futures market. When the price fell to $112,000, the net taker volume dropped to -$175 million, indicating strong short positions. Although the market has partially stabilized, it still leans towards bearish, with open contracts increasing to $3.04 billion.

BlockBeats news, on August 2nd, according to monitoring by Farside Investors, the net outflow of Bitcoin spot ETF in the United States yesterday was $812.3 million, setting a record for the second highest single-day net outflow in history, and marking the highest net outflow in a single day in nearly 5 months. In addition, the net outflow of Ethereum spot ETF in the United States yesterday was $152.3 million, setting a record for the third highest net outflow in history.

OP Labs announced the official release of kona-node, the first modular high-performance Rollup Node built with Rust. This Node complies with OP Stack specifications, offering advantages such as memory safety and low resource consumption, with only about 8000 lines of code, providing a new option for Ethereum Layer 2 solution developers.

JPMorgan released a research report indicating that in July, Bitcoin miners' profitability reached its highest since the Halving, with an average daily Block Reward income of $57,400 per EH/s, a 4% rise compared to June. However, it is still below pre-Halving levels, down 43% and 50% respectively.

BlockBeats news, on August 1, The Federal Reserve Board of Governors Waller and Bowman issued statements expressing differing opinions. The Federal Reserve Board of Governors Waller stated that the Fed should adjust interest rates closer to neutral levels. The Federal Reserve Board of Governors Bowman stated that a gradual rate cut is appropriate as growth slows. The upside risks to price stability have diminished. (Jin10)

According to BlockBeats news on August 1, Chainlink announced the launch of Chainlink State Pricing—a new pricing method optimized specifically for long-tail encryption assets and tokenized assets traded on decentralized exchanges (DEX). This method aims to provide optimized price accuracy, market elasticity, and liquidity assessment capabilities for assets with limited volume on centralized exchanges (CEX), but significant liquidity on-chain. Currently, Chainlink State Pricing has been launched on the Mainnet, and users can access push-based Oracle Machine data through Chainlink Data Feeds or through Chainlink Data.

According to BlockBeats news, on August 1st, TRON founder Justin Sun posted on the X platform stating, "I have moved into the astronaut village to start space training." Previously reported, Justin Sun will complete a space flight on August 3rd aboard a Blue Origin spacecraft.

According to BlockBeats news on August 1, Glassnode stated that in the past 24 hours, most of the on-chain spending of Bitcoin (BTC) came from short-term holders (STH). Among them, short-term holders (STH) accounted for $18.24 billion (85.5%); long-term holders (LTH) accounted for $3.1 billion (14.5%); the total spending amount was $21.34 billion. This indicates that the current round of dumping is mainly driven by recent buyers rather than long-term investors. Note: Spending amount refers to the total amount of Bitcoin moved or used on the blockchain within a certain period, rather than simply "selling" or "transaction volume."

According to BlockBeats news on August 1, data from Defillama shows that crypto assets startups raised $2.6 billion in July, bringing the total amount raised in the crypto industry to $13 billion so far this year, surpassing the total amount raised of $9.5 billion in 2024. Additionally, the top three projects by funding in July were: pump.fun ($590 million), OSL Group ($300 million), and Upexi ($200 million). (DLNews)

BlockBeats news, on August 1st, according to on-chain analyst Ai Yi (@ai9684xtpa), on July 28th he purchased 5,073.16 ETH at a cost of $3,958 per ETH, which was $37 higher than the CEX price, almost buying at the short-term peak; currently he has unrealized losses of $1.645 million and has not yet taken any selling/transferring actions.

According to BlockBeats news on August 1, Tether has surpassed South Korea to become the 18th largest holder of U.S. Treasury bonds, according to Messari data. Yesterday, Tether released its Q2 financial report indicating that its holdings of U.S. Treasury bonds exceeded $127 billion.