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According to Hyperbot data, Huang Licheng has just made multiple adjustments to his positions, with a total long position value of 144 million USD.Current positions are as follows: 40x BTC long position: position value of 90.46 million USD, unrealized loss of 535,000 USD; 25x ETH long position: position value of 47.49 million USD, unrealized gain of 2.02 million USD; 10x HYPE long position: 6.28 million USD, unrealized gain of 86,000 USD.

According to on-chain analyst @ai_9684xtpa, a BIT-related entity that previously went long on 120,000 ETH closed 40,000 ETH at $2,513 this morning, realizing a profit of $9.897 million.After the ETH price dropped, another address began to accumulate, having transacted 9,021 ETH, with orders showing plans to accumulate another 10,000 ETH. Currently, three addresses hold a total of 59,000 ETH long positions, with an unrealized profit of $8.73 million.

According to on-chain analyst @ai_9684xtpa, a certain whale that built a position of 9.35 million USD in ETH at the end of February this year is suspected to have liquidated its holdings, expecting a profit of 1.68 million USD.This whale withdrew 4,819.11 ETH from OKX five months ago at a price of 1,941.28 USD, sold 1,200 ETH at a loss one month ago, and half an hour ago recharged the remaining 3,619 ETH back into the exchange, with a final average selling price of 2,290 USD, resulting in a return rate of 18%.

In the second quarter, the trading revenue of three listed cryptocurrency exchanges, Coinbase, Bullish, and Gemini, decreased sequentially. The gap between trading revenue and non-trading revenue for the three platforms narrowed, with Coinbase's difference dropping from approximately $132 million to $44 million within a year.Coinbase expanded its product offerings in stablecoins and prediction markets, with the average USDC holdings in the third quarter increasing by 44% year-on-year to $20 billion. Gemini increased the number of market makers in the prediction market to three times that of the beginning of the year.Bullish launched a new rewards program to support trading operations, with adjusted trading revenue in the second quarter decreasing by 21% sequentially to $29.9 million, but increasing by 24% year-on-year. Gemini's trading volume decreased by 66% year-on-year to $3.8 billion, with a 38% decline in trading revenue.

According to on-chain analysis platform Lookonchain, a mysterious whale address (bc1qsy) has once again sold 2,700 BTC (approximately $211.8 million), with a total of 7,700 BTC sold over 3 days, amounting to approximately $576.6 million.

Strategy currently holds 840,447 bitcoins, with a total cost of 6.336 billion USD and an average holding price of 75,385 USD.If calculated at the current bitcoin price of 77,430 USD, the Strategy's bitcoin holdings have now realized an unrealized profit of 1.7187 billion USD.

RWA Layer 1 blockchain MANTRA Chain stated that the vulnerability in the Cosmos-EVM module has been fixed, the network is now back up and producing blocks, and the incident did not affect user funds. The team will release a complete post-incident analysis report in the coming days.

According to on-chain analyst Yu Jin's monitoring, the largest long position address on Hyperliquid closed half of its ETH long position after holding for about 4 months, with the highest unrealized loss reaching 120 million USD, and after breaking even and making a slight profit. The address closed 60,000 ETH at an average price of 2,514 USD half an hour ago, realizing a profit of about 14.88 million USD.Currently, the address still holds 3,000 BTC (approximately 235 million USD) and 60,000 ETH (approximately 151 million USD) in long positions, with unrealized profits of about 47.45 million USD.

"Whale" Sets 10 Major GoalsJason Leo posted a review of recent trading experiences this morning, stating that he is rethinking discipline and risk control in trading.Jason mentioned that during the last cycle, he achieved a profit of about 100 million dollars, but due to a long-term adherence to trend judgment, he failed to stop losses in time after the market reversed, resulting in a significant profit drawdown. This experience led him to summarize two core principles: "discipline" and "risk." He stated that at the beginning of this market cycle, he maintained a trend trading mindset, believing that the target price of Bitcoin would reach 74,000 dollars and that the fluctuations during this period were just part of the upward process. However, as the price gradually approached the target, the risk awareness from past losses began to affect his judgment, leading him to choose to exit early.Jason stated that although Bitcoin eventually reached 74,000 dollars, he was unable to hold on. He believes that the mistake in the last cycle was overconfidence in the trend, while this cycle was marked by the fear of repeating past mistakes, causing him to abandon the trend too early. He concluded that the biggest challenge in trading is not to conquer the market, but to break free from the inherent perceptions formed by past experiences. "If experience cannot change with the environment, it is essentially prejudice; if discipline loses judgment, it is essentially mechanical."

According to Onchain Lens monitoring, two wallets (possibly related to the same whale) withdrew 750,400 HYPE tokens (approximately 6.04 million USD) from Coinbase.

The prediction market Polymarket regarding "What price will Bitcoin reach in August?" shows that as of now, the probability of BTC reaching $80,000 in August is about 81%, the probability of reaching $82,500 is about 49%, and the probability of reaching $85,000 is about 27%.The probability of falling below $75,000 is about 50%. The above data fluctuates in real-time with market trading, and there are about 9 days left until the end of August.

According to token unlocking data from the crypto asset data platform RootData, Hyperliquid (HYPE) will unlock approximately 9.92 million tokens at 7:00 AM Beijing time on August 29, worth about 800 million USD.

This week, U.S. cryptocurrency policy has seen intensive progress. The Trump administration has pushed for new advancements in the CLARITY Act, the SEC has proposed a draft of regulatory rules for cryptocurrency assets for the first time, and the CFTC has stated that if congressional legislation stalls, it will promote the establishment of an independent regulatory framework for the cryptocurrency market. Trump met with leaders from several cryptocurrency companies at the White House this week and publicly called on Congress to pass a "fair version" of the CLARITY Act. Representatives from Coinbase, a16z, Ripple, Kraken, and other industry participants attended the meeting, focusing on the bill's impact on U.S. jobs, innovation, and attracting cryptocurrency companies back. Currently, the main obstacles to advancing the bill are concentrated on certain ethical clauses. Trump believes that the relevant provisions may target individuals, but industry insiders are pushing both sides to find a compromise to facilitate bipartisan support.CFTC Chairman Mike Selig stated that the CLARITY Act is key to avoiding regulatory uncertainty. If Congress continues to delay, the CFTC will use its existing authority to formulate regulatory rules for the cryptocurrency asset market. Meanwhile, the U.S. SEC has officially proposed a "Crypto Assets Rule Framework," planning to allow certain cryptocurrency financing to be exempt from full securities registration under specific conditions, including a cumulative financing cap of $5 million over four years or an annual limit of $75 million, and providing conditional safe harbor for certain token projects. Additionally, the SEC is considering limiting certain state securities registration requirements to provide a clearer compliance path for U.S. cryptocurrency companies. Market participants believe that recent actions by U.S. regulators indicate that Washington is shifting from a previous enforcement-based regulatory model to establishing a systematic regulatory framework for cryptocurrency assets.On the other hand, former Signature Bank Chairman Scott Shay has launched the N3XT Digital Dollar (NDD) digital dollar deposit project, attempting to challenge the stablecoin market. NDD operates on a public blockchain, enabling 24/7 dollar transfers, and is backed one-to-one by cash and short-term U.S. Treasury bonds. Shay stated that banks can leverage blockchain technology to create a payment system similar to stablecoins while maintaining the dollar credit advantage of the traditional financial system. The project is seen as a new attempt by banks to respond to the expansion of stablecoins. Additionally, the cryptocurrency investment market is entering a new cycle. Dragonfly partner Rob Hadick stated that although AI is attracting significant capital, cryptocurrency startup activity is still recovering, and future predictions of market, institutional applications, and improvements in U.S. regulation may drive new growth in the industry.

According to on-chain analyst Ai Yi's monitoring, the entity associated with bit (0x6c8...d84f6) has taken profits for the first time in four months, reducing its position by 38,000 ETH and realizing a profit of 9.407 million USD.Currently, four addresses still hold a long position of 82,000 ETH, with unrealized profits exceeding 20 million USD.

According to the Associated Press, drug enforcement agencies from Cambodia and the United States announced on Friday that they have dismantled a cryptocurrency money laundering network utilized by the Sinaloa drug cartel from Mexico.The operation was conducted in collaboration between Cambodian drug enforcement police and the U.S. Drug Enforcement Administration, seizing approximately $7 million in cryptocurrency related to the Sinaloa drug cartel, arresting multiple individuals, and confiscating assets, drug production laboratories, and storage facilities.

According to on-chain analyst Yu Jin's monitoring, a certain whale entered the market to chase the rise when the current trend started to increase at 21:00 on August 19, buying 20,000 ETH. As of now, this position has not been closed, with an unrealized profit of 11.76 million dollars.During the period of holding, this whale has captured the entire 34% increase of the current ETH rebound.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the mysterious entity "7 siblings" has sold a total of 26,265.2 ETH since August 21, worth approximately 62.47 million USD.This entity last built its position a week ago (just before this round of surge), buying 2,179.22 ETH at an average price of 1,852 USD (about 4.03 million USD), continuing its consistent operational style of "buying the dip during crashes and selling during price increases." Currently, the total value of ETH held in its on-chain wallet exceeds 768 million USD.

According to Onchain Lens monitoring, Jump Crypto transferred 1,140 bitcoins to Binance in the past 30 minutes, worth approximately $88.98 million, for sale.

According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital transferred 197,560 HYPE to Coinbase in the past 9 hours, worth approximately $14.54 million, suspected to be for sale.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "St. Louis Cardinals vs. Philadelphia Phillies," the sub-market "Spread -1.5" for the "Philadelphia Phillies" option experienced a sharp fluctuation in winning probability, dropping from 58.5% an hour ago to the current 38% (a fluctuation of 20.5%). Please note the impact of related breaking news.