
According to Odaily, the digital credit preferred security has maintained par value for 16 consecutive trading days, setting the longest streak of its kind.
Odaily reports that Binance's Bitcoin reserves have surpassed 693,000 BTC, an increase of approximately 77,000 BTC since late April, accounting for roughly 30% of the total Bitcoin reserves held by major trading platforms.
Bitcoin is currently trading below the 83,000 to 85,000 USD dense supply zone of long-term holders, with new accumulation support forming near 75,000 USD. If this support level is breached, the next level to watch is 75,000 USD.
Binance previously announced plans to allocate 1 billion USD to acquire approximately 15,000 BTC, while the SAFU fund and security factors related to the Coldcard incident may also affect some holders' custody choices. (Bitcoin.com News)
According to Onchain Lens monitoring, the Fireblocks custody wallet (9Ryc...G4xfCxk) deposited 19.4 million Trump-backed USD1 to Binance in the past hour. Over the past 13 days, this wallet has transferred approximately 149.8 million USD1 to Binance.
Odaily reports that the U.S. core CPI rose 0.3% month-over-month in August, exceeding expectations of 0.2%, further reinforcing expectations for a Fed rate hike next week. Analysts believe the market had already priced in ample time for a rate hike, and if the Fed raises rates as expected, the market reaction may be relatively limited. Instead, an unexpected decision to hold rates steady could trigger a larger rally in risk assets. Matt Mena, Senior Crypto Research Strategist at 21Shares, said historical data shows that in the 30 days following a core CPI reading above expectations, Bitcoin rose an average of 2.13%.
Affected by the data, Bitcoin is currently trading at approximately $78,600, up 1.5% over the past 24 hours. Mark Connors, Chief Investment Officer at Risk Dimensions, said that rising U.S. Treasury yields across the board and the simultaneous strengthening of Bitcoin and gold indicate that the market is concerned not only about the Fed's rate path, but also about inflation, government debt, and the credibility of monetary policy. (Cointelegraph)
According to Onchain Lens monitoring, a whale (0x93a...c633) withdrew 116,490 HYPE worth $9.6 million from OKX minutes ago.
Odaily News: According to Onchain Lens monitoring, the Grayscale GLNK ETF address (0xe33...0aA) received 203,810 LINK from Coinbase Prime minutes ago, worth $2.38 million; over the past 18 days, the ETF has cumulatively received 1.05 million LINK, worth $12.12 million.
Odaily reports that according to Lookonchain monitoring, Wintermute (0xf819...73AA) deposited 61,847 ETH worth $160.3 million to Binance and Coinbase over the past 3 hours.
According to Odaily, Coinglass data shows that in the past 4 hours, $522 million was liquidated across the network, including $350 million in short liquidations and $172 million in long liquidations. In addition, ETH liquidations reached $268 million, while BTC liquidations amounted to $161 million.
Odaily: Bitcoin Suisse said it will gradually consolidate software development and back-office functions into international hubs to accelerate expansion, access a broader talent pool, and invest more effectively in future products. The layoffs will take effect after the consultation period ends on September 20, and the company will also close its IT development site in Copenhagen.
Odaily reports that following the release of today's US CPI data, the whale "Setting 10 Big Targets First" posted on X platform stating that Bitcoin has not fallen below $74,000, and the bullish trend remains unchanged.
"Setting 10 Big Targets First" previously stated: "Next, I'll look for opportunities to re-enter long positions. This trend has come more fiercely than I originally imagined, so the imagination for what's ahead can be bolder too. Getting on board at $80,000 or even above $80,000, I think it's still not too late—there's still room. $100,000 will most likely arrive sooner than I originally expected. Once we hit $100,000, we can reassess just how far this trend can go."
Odaily News: Loracle continues to reduce HYPE short positions, with the remaining position valued at $21 million. The HYPE short position was previously worth as much as $37 million. The remaining position has an unrealized loss of $7.45 million, with an entry price of $53.97 and a current price of $83.18. Loracle's main short positions currently show a combined net unrealized loss of approximately $9.54 million. Specific positions include: shorting SNDK worth $26.05 million, with an entry price of $1,485.67 and a current price of $1,644, an unrealized loss of $2.51 million; shorting Nvidia worth $18.73 million, with an entry price of $225.70 and a current price of $220.29, an unrealized gain of $460,000; shorting PONS worth $18.24 million, with an entry price of $0.67 and a current price of $0.66, an unrealized gain of $220,000; shorting MU worth $10.27 million, with an entry price of $870.69 and a current price of $980.80, an unrealized loss of $1.15 million; shorting CASHCAT worth $6.78 million, with an entry price of $0.21 and a current price of $0.19, an unrealized gain of $750,000; shorting PLTR worth $3.84 million, with an entry price of $173.54 and a current price of $166.84, an unrealized gain of $150,000.
Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.
Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.
Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)
Odaily reports: According to community information, the whale "Set 10 Major Goals First" saw an X platform user post a plea saying "Help my mother" and directly transferred 70,000 USDT (approximately 500,000 RMB) to help. Notably, after the funds arrived, the person seeking help quickly deleted the receiving address from the comments section.
Community members discovered that this account had previously sent private messages to multiple people soliciting funds and had repeatedly posted help-seeking content such as "Help me," raising questions about the use of the funds and calling for the subsequent disclosure of hospitalization bills, payment records, and treatment arrangements. At present, this incident cannot yet be proven to involve any misuse of funds.
Odaily reports that India's wealthiest state, Maharashtra, is formulating a policy to tokenize state-owned assets, including power transmission infrastructure, on-chain. The proceeds will be used to build new transmission lines and energy storage facilities. MITRA CEO Praveen Pardeshi stated that transmission lines themselves can be partially tokenized, at a ratio of 40% to 50%, with token holders able to share in transmission revenues. The newly raised funds will be used to build more transmission lines and solar energy storage centers.
Maharashtra accounts for approximately 14% of India's nominal GDP and has a population of about 130 million. Pardeshi stated that tokenization does not equal privatization, but rather allows more citizens to participate in the construction of public assets. The state also plans to enact India's first blockchain-based property tokenization law.

