A giant whale deposited 10.12 million USDC into HyperLiquid and opened multiple ZEC orders

According to Caixin News Agency, the Nikkei 225 index closed up 0.59% at 70474.96 points; The South Korean KOSPI index closed down 2.04% at 8303.41 points.

The EU Crypto Asset Regulation (MiCA) officially came into effect on July 1st. The European Securities and Markets Authority (ESMA) requires cryptocurrency service providers without MiCA licenses to cease or restrict their services in the European Union and assist users in transferring assets or self custody. In 2024, there will be over 3000 registered cryptocurrency companies in Europe, but currently only 244 hold MiCA licenses, and the rest of the companies must cease operations.

CryptoQuant analyst Axel Adler Jr. pointed out that the average inflow of Bitcoin on the exchange has risen to 122000 coins over the past 30 days, which is about 50% higher than the average during the February sell-off period and is approaching the upper bound range of 131000 coins. During the same period, the price of Bitcoin fell from $77000 to $78000 to approximately $59000. The SOPR 30 day average has dropped to 0.99, consistently below the critical level of 1.0, and the market is on average in a state of loss realization. During the period from May to July, the SOPR index was below 1.0 for 37 out of 61 days.

Spot gold fell over 1% and is now trading at $3966.34 per ounce. New York gold futures fell below $3980 per ounce, with a intraday drop of 1.51%.

Polymarket data shows that the probability of the Clarity Act becoming law in 2026 has decreased to 39%. （Cointelegraph）