According to data from Hyperbot, as reported by Odaily Planet Daily, Huang Licheng (aka "Machi Dage") has just opened new long positions in BTC and HYPE, with a total position value of approximately $570,000 and a return on investment of 125%. The specific positions are as follows: 1. 25x leverage Ethereum long position: 6,100,000 ETH, with an average entry price of $1,668; 2. 40x leverage Bitcoin long position: 9,000,000 BTC, with an average entry price of $62,519; 3. 10x leverage HYPE long position: 2,100,000 HYPE, with an average entry price of $71.

According to Onchain Lens monitoring, Odaily Planet Daily reported that the UXLINK hackers converted $10.54 million worth of DAI into 6,001 ETH at an average price of $1,757, and then transferred it to Tornado Cash.

According to data from CryptoQuant, as reported by Odaily Planet Daily, Bitcoin exhibits a clear "diminishing capital efficiency" characteristic throughout its bull and bear cycles. As the asset size expands, the price increase per unit of new capital continuously declines: in the 2011 cycle, approximately $2.8 billion in net inflows propelled Bitcoin up by about 55,000%; in the 2015 cycle, approximately $69 billion corresponded to an increase of about 10,000%; in the 2018 cycle, approximately $365 billion corresponded to an increase of about 2,000%; and in this current cycle, since 2022, it has attracted approximately $697 billion, but the increase is only about 689%. The data is based on "realized capitalization," measured by the coin's last moving average, to approximate the actual scale of capital inflows. CryptoQuant founder Ki Young Ju stated that for Bitcoin to experience another parabolic rise, it might require over $1 trillion in new capital inflows, further strengthening its status as a macro asset, rather than just an ETF-driven trading asset. Ki Young Ju also pointed out that US spot Bitcoin ETFs have recently experienced net outflows, indicating that structural demand in the market is still in a transition phase. Analysts believe this trend reflects that as market capitalization expands, Bitcoin's marginal returns are naturally declining. Unless there is a larger influx of institutional funds, high-rate growth is unlikely to replicate the performance of the earlier cycles. (CoinDesk)

According to Odaily Planet Daily, CryptoQuant analyst Axel Adler stated in an article published on the X platform that Bitcoin has entered the later stages of its bear market cycle, and the ETF sector is showing signs of easing pressure for the first time. In the latest trading session, the US spot Bitcoin ETF recorded a net inflow of $223 million, with the main funds flowing into Fidelity's FBTC ($166 million) and ARK Invest's ARKB ($91.8 million).

According to data from Odaily Planet Daily, South Korean investors poured $2.819 billion into Chinese assets in the first half of the year through individual stocks and ETFs. A-share purchases surged 130.55% year-on-year, with North China Semiconductor and Cambricon leading the way. In Hong Kong stocks, SMIC and MiniMax were among the top buyers. A Standard Chartered analyst stated that overseas funds' attitudes towards Chinese assets have "fundamentally changed." North China Semiconductor topped the list with approximately $33.94 million in purchases, followed by Cambricon ($27.28 million) and CATL ($12.54 million). Besides semiconductors, South Korean funds also spread to broader computing infrastructure, including servers, data centers, and power and network infrastructure. (Odaily Planet Daily)