Odaily News: Arthur Hayes posted on the X platform that his OTC brokerage has begun receiving inquiries about USD borrowing demand. Although the rates are still too low at present, this is a positive signal, indicating that basis trading in the crypto market is making a comeback. Arthur Hayes stated that ENA will benefit from this and believes it still has significant upside potential.

Odaily News: According to on-chain analyst lookonchain's monitoring, a whale that had been dormant for 4 years recently sold 1,400 BTC, worth approximately $111.6 million. The whale originally acquired 2,200 BTC four years ago at an average price of $45,024, valued at approximately $99.05 million at the time. Since then, the whale has held the position long-term, even refraining from selling when unrealized gains peaked at $178 million. However, the whale has recently begun reducing its position, with cumulative profits now reaching approximately $76.5 million.

Odaily News: According to data from MSX.COM, US storage stocks edged higher in pre-market trading after plunging nearly 6% the previous day. Micron Technology rose 2.29%, SK Hynix rose 3.06%, SanDisk rose 2.90%, Western Digital rose 2.67%, and Seagate Technology rose 2.43%.

Odaily Planet Daily News, August 25: The TRON network's Super Representatives (SRs) have initiated a vote on the 107th committee proposal on the mainnet, with voting expected to conclude at 14:00 (Singapore time) on August 28. The proposal aims to enable TVM compatibility features with Ethereum's Prague and Osaka upgrades in GreatVoyage-v4.8.2, including support for historical block hash queries, the addition of the CLZ instruction, a secp256r1 precompiled contract for Passkey authentication, and optimization of MODEXP energy consumption.

If the proposal passes, it will further enhance TVM's compatibility with the latest Ethereum upgrade features, strengthening smart contract development and cross-ecosystem adaptation capabilities.

According to Odaily Planet Daily, Hyperbot data shows that Machi Big Brother has opened a new 10x leveraged long position on PUMP, currently holding 400 million PUMP tokens with a position value exceeding $1.95 million. The average entry price is $0.004931, with an unrealized loss of over $16,000.

Additionally, his 10x leveraged long position on HYPE has increased to 120,000 HYPE tokens, with an average entry price of $81.2663. Meanwhile, he currently holds long positions in 20,900 ETH and 560 BTC, with returns exceeding 49% and 25%, respectively. The total value of these four long positions amounts to approximately $108 million.

Odaily News: According to Gate data, WTI crude oil fell 2% in the day, now at $82.86 per barrel. Brent crude is currently down 1.65%, trading at $88.88 per barrel.

Odaily News According to monitoring by Ai Yi, 11 addresses associated with Bit have successively closed out long positions in BTC and ETH worth approximately $419 million, realizing a cumulative profit of about $55.095 million. Currently, only address 0xf78 still holds a long position of 1,602.11 ETH, with a position value of approximately $3.97 million and an unrealized profit of about $707,000.

Odaily News: CryptoQuant analyst Axel Adler Jr. stated that BTC has reclaimed the short-term holder cost basis of $68,200 during this rebound, while also breaking above the SMA111 at approximately $67,500 and the SMA200 at $69,000 on rising volume, bringing recent BTC buyers back into profit.

However, he noted that the overall moving average structure remains bearish, with both SMA111 and SMA200 sitting below the SMA365 (around $83,200), meaning a larger-scale trend reversal has yet to be confirmed. Going forward, the key support zone to watch is the $68,000 to $69,000 area, while the $83,200 level serves as resistance above; only if BTC can break through and hold above the SMA365 could it serve as a significant confirmation signal of a trend shift.

Odaily News: Standard Chartered has become the first authorized bank to support the circulation of HKDAP. HKDAP is Hong Kong's first regulated, HKD-backed stablecoin. (Cointelegraph)

Odaily News: According to MSX.COM data, U.S. pre-market crypto-related stocks are slightly higher, with Strategy up 2.08%, Circle up 1.46%, Coinbase up 2.45%, Robinhood up 2.38%, and BMNR up 2.69%.

Odaily News, CryptoQuant analyst Darkfost stated on the X platform that total BTC demand has continued to increase over the past 30 days, currently standing at approximately 170,000 BTC. He noted that although signs of short-term overextension in BTC are becoming increasingly apparent, the market appears to have entered an impulsive upward phase driven by demand, with new demand absorbing sell-side pressure from profit-taking.

Historical data shows that synchronized growth in spot and futures demand is typically accompanied by strong upward trends. As long as current demand remains sustainable and absorbs short-term profit-taking orders, upward momentum may persist even as the market enters overbought territory.

Odaily News, according to PeckShield monitoring, address 0x854e...690d purchased YT-reUSD on the market, briefly pushing its implied yield to 20%, then quickly sold off the related positions, triggering a large-scale liquidation of PT-reUSD leverage loop positions on Morpho, with a liquidation amount of approximately $36.39 million.

Odaily News: According to EmberCN monitoring, Hyperliquid's largest long address took profit and closed 800 BTC positions 4 hours ago, worth approximately $64.4 million. Its original long position of approximately $537 million has now been reduced to only about $80 million, while another address still holds 1,000 BTC in long positions that have not yet been closed.

Over the past three days, this whale has taken profits and closed approximately 120,000 ETH and 2,000 BTC positions, realizing profits of approximately $61.72 million.

Odaily News, according to the official announcement, Gate will list Cash Cat (CASHCAT) for spot trading at 16:00 (UTC+8) on August 25, and will launch Cash Cat (CASHCAT) perpetual contract live trading (USDT-settled) at 16:10 (UTC+8), supporting 1-20x leverage. In addition, Gate will list Cash Cat (CASHCAT) on its flash swap platform at 17:00 (UTC+8).