An address switched its BTC position from short to long, accumulating a profit of approximately $21.34 million.

Shares of U.S. chipmakers generally fell in pre-market trading, with Intel (INTC.O) down 1.4%, Marvell Technology (MRVL.O) down 1.7%, Qualcomm (QCOM.O) down 1.1%, Micron Technology (MU.O) down 0.9%, and Arm (ARM.O) down 1.4%.

US President Trump stated that he was unaware of any UAE-related investments entering his family's crypto company. (Watcher.Guru)

The UK Financial Conduct Authority (FCA) is allowing banks to submit applications for crypto asset business before the new crypto asset regulatory regime comes into effect. Companies that submit their applications and meet specific requirements before February 28, 2027, may continue to operate during the review period.

The UXLink attacker-linked address 0xDE8d9...d9524 held a $45.3 million long ETH position on Hyperliquid. This address held 21,550 ETH at an average entry price of $2,134.45 and used 15x cross-margin. This address received 11 million USDC from address 0x35Eb7...5D43, and this address interacted with an address labeled UXLink Exploiter on August 28. (PeckShieldAlert)

Amundi, Europe’s largest asset manager with $2.9 trillion in assets under management, increased its holdings in Strategy by 584,053 shares, worth $72.3 million. Amundi currently holds 1.92 million shares of Strategy, worth $238.3 million, representing an increase of 43.7% in its stake.