The US stock market opened higher, and the Nasdaq rose 191 points

F2Pool co-founder Wang Chun posted that the bear market has ended. Wang Chun purchased approximately 70600 ETH (approximately $117 million) and 966 WBTCs (approximately $60.29 million) in June, and transferred 36600 ETH and 160 WBTCs to Binance during the July market rebound, with an expected profit of $3.4 million.

[Whale Address bc1qsy Sells 2,000 BTC Worth $136.5 Million] According to monitoring by Lookonchain, whale address bc1qsy sold 2,000 BTC worth approximately $136.5 million during the BTC market rebound.

Zhao Changpeng stated that policy incentives for specific projects will benefit the entire cryptocurrency industry, and he holds a positive attitude towards the possibility of the Trump administration introducing Hyperliquid.

According to on chain analyst Yu Jin's monitoring, a certain whale purchased 10501 ETH worth 20 million US dollars at a price of 1904 US dollars per coin a month ago. Today, it transferred 5250 ETH to Binance, earning a profit of 3.4 million US dollars.

The Glassnode report points out that the structure on the Bitcoin chain is in a surrender phase, with a short-term holder cost base of approximately $68500, which is lower than the real market average of $75800. The highest unrealized loss in this round is about 25%, and the realized profit to loss ratio is 0.75 on the 90 day moving average, which is higher than the usual level of 0.5 or below required for seller exhaustion. Before the indicator breaks through 2, a price rebound is considered a partial rebound. The directional premium of the 30 day perpetual contract market has turned positive, but the Coinbase Premium Index remains negative, and demand in the US spot market has not yet returned.