The “Smart Whale” who set “10 big targets in advance” locked in a profit of $6.019 million on a leveraged long position—are the BTC short signals obvious?
On July 22, well-known trader “Xian Ding 10 Big Targets” took a 4x-leveraged long on Bitcoin and, after earning $6.019 million, has chosen to close the position and exit the market. Previously, his long position had at one point shown an unrealized profit of more than $4.5 million. This time, after taking profits on the longs, he turned bearish. His current short position shows an unrealized profit of $985,000, and the position size is estimated to be in the range of $150 million to $200 million.
At present, BTC is quoted at $66,059. The 24-hour drop is 0.52%, while the funding rate remains at a low 0.001945%, indicating that market bullish sentiment isn’t overly enthusiastic. Judging by the whale’s trading rhythm, it chose to take profit in the $66,000–$67,000 range, suggesting that there is clearly pressure overhead in the short term.
Key price levels: On the BTC daily chart, the Pivot Point resistance R1 is at $67,259, and S1 is at $65,450. The price is currently trading below the PP (66,187). If it fails to reclaim the PP in the near term, the probability of a downside test of S1 is relatively high. The whale’s decision to close the long and switch to a short at this time resonates with the pivot pressure level.
In one sentence: Smart money took profits around 67,000—you’re still waiting for a breakout?
South Korea’s top five exchanges see trading volume plunge 89%: are retail traders abandoning the crypto market?
The combined average daily trading volume of South Korea’s five major won-denominated crypto trading platforms—Upbit, Bithumb, Coinone, Korbit, and Gopax—has crashed from $2.82 billion to $305 million, a year-over-year drop of about 89%.
This isn’t just a simple market pullback—it’s a structural withdrawal.
📍 Data breakdown
1. Total average daily trading volume across the five platforms: $2.82B → $305M, down 89% 2. Average decline (non-weighted): about 77% 3. Daily year-over-year decline on July 20: 88% 4. Korbit was forced to sell 15 BTC + 60 ETH to raise roughly $1 million to keep operating
📊 Comparison data
South Korea’s overall stock price index KOSPI rose 114.44% over the same period.
Money hasn’t disappeared—it’s just moved. Retail traders are exiting the crypto market and pouring into traditional stock markets.
🔑 Core logic
Tiger Research points out that the decline in South Korean crypto trading activity isn’t only due to weaker prices; it’s also tied to repeated narratives, insufficient project delivery, and retail traders shifting to stocks.
In plain language: investors are scared of getting “harvested,” project teams can’t keep selling dreams, and stock markets offer better trading returns.
💡 Market impact
South Korea used to be one of the most active crypto trading markets globally, and the Kimchi Premium once became an industry indicator. Now that trading volume has dropped 89%, it suggests:
1. Retail confidence has collapsed, and recovery may be difficult in the short term 2. Exchanges face increasing survival pressure, and smaller ones may be forced to shut down 3. The crypto market needs new narratives—the old stories can’t sell anymore
Current BTC price is $65,972, down 0.85% over the last 24 hours. Funding rate is 0.0014%, and the market is in a wait-and-see mode.
$BTC daily line sell point: $67,259 daily line buy point: $65,450 $ETH daily line sell point: $1,955 daily line buy point: $1,901 $BNB daily line sell point: $579 daily line buy point: $570 $BTC #BTC $ETH #ETH
SK Hynix midday plunges 7.4%, giant whale’s high-position short has already raked in nearly six-figure profits in cost
On Hyperliquid, SKHX topped $1,353.2 at 9:15 today, then quickly plunged during midday. At 13:40 it hit a low of $1,253.1, down 7.4% from the high. As of the time of writing, SKHX is trading at about $1,256.8, with the early gains largely given back.
A single giant whale completed the setup for its high-price short just ahead of this round’s peak. From 7:00 to 9:10 today, it accumulated and sold 2,000 SKHX via 491 trades, building the position at an average price of $1,333.98 for total trade value of about $2.6680 million. As of the time of writing, the whale holds a 10x fully margined short position of 2,000 SKHX, with position value around $2.5138 million, unrealized profit of about $154.2k, and a return rate of roughly 57.8%. Its liquidation price is about $4,120.99. No take-profit or stop-loss orders have been set.
Based on historical trading, this whale is a high-frequency, multi-asset short-term trader. Over the past 7 days, its trading volume was about $116 million, with profits totaling $510.3k. Previously it mainly traded BTC and ETH, but this round marks the first time it has shifted its exposure to SKHX.
The volatility of stock contracts is every bit as wild as crypto-native assets. After a surge in the early session, SKHX quickly reversed and dropped sharply—exactly what gave holders of high-price shorts a handsome payout. The whale’s timing was precise, nearly completing its short positioning right at the peak. Its unrealized profit is now approaching nearly six figures. However, 10x leverage also means the risk is enormous. The liquidation price around $4,120 is still a significant distance from the current price, making it relatively safer in the short term.
Notably, this address previously traded mainly BTC and ETH. This round is its first shift into stock contracts, suggesting that some crypto whales are turning their attention toward the TradFi derivatives market. Binance’s Quanto perpetual contracts recently also added trading for Tencent and Xiaomi HK shares; the tokenization/crypto-ization of traditional financial assets is accelerating.
For ordinary investors, a whale’s precise execution is hard to replicate. But SKHX’s extreme volatility reminds us that stock contracts also carry high risk—leveraged trading must be approached with caution.
$BTC daily line sell point: $67259 daily line buy point: $65450 $ETH daily line sell point: $1955 daily line buy point: $1901 $BNB daily line sell point: $579 daily line buy point: $570
AMD invests $5 billion in Anthropic, upgrading the AI compute race 📰 Crypto Evening News | 2026-07-22 21:00
🔥 Major Events
1. Trump warns Iran: Attacks on ships in the strait will destroy bridge power plants — Trump says if Iran fires on ships in the Strait of Hormuz, the U.S. will bomb and destroy bridge or power plants, including facilities near Tehran. Geopolitical tensions are escalating.
2. AMD to invest $5 billion in Anthropic — AMD and Anthropic reached an agreement to invest up to $5 billion and sign a multi-billion-dollar AI server procurement cooperation. Starting in the first half of 2027, Anthropic can purchase up to 2GW of AMD Instinct MI450 chips.
3. Intel shares fall more than 4% premarket — Intel is down more than 4% premarket, currently at $101.2; weakening tech stocks may affect market risk appetite.
📊 Market Data
4. Galaxy Digital sets up a $5 million fund — To address Bitcoin quantum security risks, it will fund R&D for new signing schemes, development of wallet migration tools, and security audits.
5. Arthur Hayes transfers $1.25 million to Cumberland again — BitMEX founder has recently been making frequent large stablecoin transfers.
6. Smart money buys Seoul FC win for $190,000 — A Polymarket-winning account that has earned over $3.31 million bought the Seoul FC victory over Pohang Steelers; the opening average price is 53.9¢.
7. Hyperliquid whale pledges 200,000 HYPE to borrow $2 million USDC — Pledged 100,000 wstHYPE and 103,000 stHYPE; after borrowing $2 million USDC, funds were deposited to Coinbase.
🏛️ Regulatory Policy
8. Republican Party updates CLARITY bill progress today — The crypto industry will hold a conference call with the Republican leadership to learn about the latest text progress of the bill.
9. Kalshi launches a midterm election Hub — Shows real-time odds in the U.S. congressional election campaign; seeking a new funding round valuing it at $40 billion. Plans to expand perpetual futures beyond cryptocurrencies.
💡 Project Updates
10. Bonk Guy: Traders don’t need to win every trade — Even if 90% of trades are losing, one big winning opportunity can change the overall outcome. The goal is to stay engaged in the market long-term.
$BTC daily sell point $67,259 | daily buy point $65,450 $ETH daily sell point $1,955 | daily buy point $1,901 BNB daily sell point $579 | daily buy point $570
BTC 66,000 keeps bouncing back and forth around the key level—are the bulls still stubborn?
In one sentence for the whole day: it opened strong, then slid—dipped sharply in the afternoon, and barely clawed back toward 66,000 at the close. High 66,924, low 65,668, intraday range under 2%, but enough to give chasing “green sprouts” a roller-coaster ride.
Data doesn’t lie: 1. Funding rate: 0.00166%, almost zero. Bullish leverage appetite is weak—this isn’t a feature of a strong market. 2. 24h trading volume: 8.56 billion USDT, clearly down versus the past few days. A pullback on declining volume suggests selling pressure isn’t huge, but bids are much weaker. 3. Daily pivot PP: 66,187; current price: 65,978—right below the pivot. This isn’t support; it’s the line between bull and bear failing to hold.
ETH is even worse: at 1,926 it can’t even stand above PP 1,927. BNB is down 1%—the funding rate is effectively missing, and nobody’s playing in the derivatives market.
Overnight outlook: If BTC breaks below S1 at 65,450, downside room opens and the 64,000 area becomes the target. If it rebounds and holds above PP 66,187, there may be a short-term repair opportunity, but R1 at 67,259 is heavy overhead resistance.
Clear takeaway: the data is bearish—downside risk outweighs upside opportunity. Don’t be fooled by the psychological 66,000 integer level; it’s just mental comfort.
BlackRock again withdraws 1,789 BTC: institutions accumulating, but retail still guessing the top?
According to Onchain Lens monitoring, BlackRock transferred another 1,789.65 BTC from Coinbase Prime to the IBIT ETF wallet, worth about $119 million. This isn’t small change—it’s real funds being moved to a cold wallet.
Current price of BTC is $66,062, up 0.76% in 24h. The funding rate is only 0.0026%, nearly neutral and slightly on the cold side. Institutions are withdrawing and locking funds, yet leverage on the derivatives side isn’t going wild—suggesting this move looks more like a positioning/allocation play, not a gambler’s trade.
On direction, the data leans bullish: as long as BTC holds above the daily buy level at $65,450, the rebound rhythm may continue. If there’s a valid breakdown below it, then we’ll look at support below. Resistance to watch is near the daily sell level around $67,259.
One line: the people calling the top are flooding the feed—while BlackRock is withdrawing coins. Decide which side you’re on; check the wallet, not the noise.
BTC touched 66,900 and then pulled back—does this lunchtime move mean a lifeline extension or another bull trap?
Geopolitics is still heating up, while risk assets are pretending to stay calm. The U.S.-Iran conflict is now in its 11th night, and Hormuz Strait disruptions are pushing oil prices higher. Gold is also probing above 4,100. On the other side, U.S. tech stocks and Asian semiconductors keep showing strength—BTC is rebounding with them, but don’t mistake mixed pricing for a one-way bull market.
The market is more honest on the chart: BTC is currently 66,349. The daily change is +1.29%. Over the past 24 hours, the high was 66,924 and the low was 65,460, with volume of 8.95B U. It just bounced off the daily buy zone around 65,450, rose into the highs, then fell back and is now hovering above the pivot point PP at 66,187. Funding rates are only 0.0025%—even up, nobody is going crazy adding leverage. This isn’t FOMO; it’s probing.
ETH is even more cautious: 1,936, up just +0.58%, with volume of 6.51B, clearly struggling to keep up. XRP is the one with some attitude, +1.37% to 1.141. The ETF inflow narrative is still there. BNB is directly red at -0.28%, and within the sector, traders have started to be picky.
Add two pieces of lunchtime noise: Satsuma is planning to sell about $43M worth of its BTC treasury, and the Clarity bill odds are improving. One feeds the sell-pressure story, the other offers policy “sugar”—lunchtime is where headlines are most likely to drive the mood.
Outlook: short-term data leans bullish, but the upside is capped—don’t chase higher in the afternoon. 1. BTC is key on the daily sell zone: 66,900–67,259. If price builds volume and holds above 67,259, the next target is 68,000. If it can’t break through, treat it as an intraday bull trap—pullbacks are normal. 2. The lower lifeline is the daily buy point at 65,450. Hold it, and the rebound structure remains intact. If there’s an effective break below, bearish signals regain the upper hand, and downside risk points directly to 64,500. 3. For ETH, watch strength only after it clears 1,955. Right now, it’s still lacking follow-through—don’t expect it to set the tone. A pullback to 1,901 is a cleaner area to observe.
In one sentence: the bulls are in control—only until the sell zone. With volume over 67,259, you can talk about continuation; without volume, don’t treat the rebound as a trend. The geopolitical premium is still there, and the funding rate is still cool. Whoever is adding to positions above 66,900 is effectively providing liquidity to the market.
Most ETF inflows for “shanzhai” (copycat) coins go to SOL and HYPE—institutions are picking winners
Among altcoin ETFs outside BTC/ETH, Solana and Hyperliquid together capture nearly 80% of trading volume. SOL-related ETF AUM has reached $904 million, while HYPE-related funds saw a net inflow of $350 million within two months of launch; combined, the two ETFs make up about 2% of the market value of their respective tokens.
This isn’t “broad-based rallies among alts”—it’s capital concentrating on a small set of assets with clear narratives and high tradability. Right now, BTC is 66,361 (+1.46%), ETH is 1,933 (+1.17%), and funding rates are close to neutral; majors stabilize first, then alt-ETF narrative gets to continue. On direction, the bias remains bullish for SOL’s leader premium: hold above and expand with volume, then look to the next level; if it breaks down, it suggests ETF heat was only a pulse.
Key price levels to watch: SOL: pay attention to the daily support zone and the breakout level with increased volume BTC: watch 65,450 support / 67,259 resistance
In one sentence: altcoin ETFs aren’t “everyone gets a share”—institutions only hand over the microphone to tickets they can explain clearly.
The U.S.-Iran conflict escalates; BTC rebounds and rises above 66,500 📰 Crypto Morning News | 2026-07-22 09:00
🔥 Major Events 1. **U.S. military action against Iran enters its 11th night** — Hormuz shipping disruptions and the rise in stagflation-premium 2. **Trump approves a landmark U.S.-Saudi civilian nuclear deal** — Could open up space for uranium enrichment cooperation; the congressional veto threshold is high 3. **BIS warns stablecoin “digital dollarization”** — Not nearly as sensitive to capital controls in emerging markets 4. **Satsuma may be looking to offload about $43 million worth of BTC** — The DAT strategy reversal leads to a sell-pressure narrative 5. **Risk-on spillover from a surge in U.S. tech/storage chains** — Philadelphia Semiconductor Index up about 5.21%
📊 Market Data 1. **BTC 66,591.8 (+1.603%) / ETH 1,938.55 (+1.296%)** — BNB 575.16 (+0.232%) 2. **XRP spot ETF net inflow of $5.6617 million in a single day** — Total net assets about $1.063 billion; cumulative net inflow about $1.494 billion 3. **XRP spot rises 2.68% to lead major coins** — Reporting at $1.1455, high at $1.1641 4. **Hyperliquid’s whale holds a $8.67 million long position** — Unrealized profit of $1.11 million, with an additional $2.68 million BTC long order pending 5. **Suspected Multicoin selling down 607,000 HYPE tokens** — About $37 million; unrealized profit of about $18.8 million 6. **Gold hits $4,100 per ounce** — First time in a week; safe-haven pricing heats up 7. **South Korean semiconductors surge early in the day** — Samsung +5.79%, SK hynix +8.50% 8. **SpaceX ends a seven-day losing streak and closes up more than 3%** — After-hours continues higher; sentiment repairs ahead of Q2 earnings 9. **Prediction markets turn bearish on BTC rallying further this month** — Active addresses trimming brings related Yes positions down to 80,000/67,500
🏛️ Regulatory Policy 1. **Clarity Act momentum rebounds** — The Senate passes odds back above 50% 2. **Progressives sharply attack Gillibrand’s crypto stance** — Internal divergence within U.S. lawmakers heats up 3. **Pakistan’s FIA establishes a dedicated digital assets unit** — Focus on AML and counter-terror financing 4. **Bitwise flags BSOL risks differ from direct SOL holdings** — Volatility and protection mechanisms are different 5. **Industry calls for market-structure legislation to be finalized ASAP** — The window before August recess is in focus
💡 Project Updates 1. **S&P Dow Jones + Pantera launch fundamental digital asset index** — Front lineup includes ETH/BNB/SOL 2. **Stacks passes SIP-044/045 by a large margin** — PoX-5 hard fork around July 29 3. **Network School signs an MOU with Kazakhstan** — Support for visas and corporate registration 4. **Ark increases holdings of Securitize by about $125,700** — SECZ up 13.9% on the day 5. **OpenAI in-development AI reportedly mistakenly accessed another company’s systems** — AI safety controversy returns
📊 Market Snapshot: BTC 66,591.8 (+1.603%) funding rate 0.00266% | ETH 1,938.55 (+1.296%) funding rate 0.00206% | BNB 575.16 (+0.232%) 📍 Daily buy/sell levels: $BTC daily sell point $67,259 | daily buy point $65,450 / $ETH daily sell point $1,955 | daily buy point $1,901 / $BNB daily sell point $579 | daily buy point $570
A 300-coin whale BTC accumulation has already made $60 million: discipline is worth more than direction
An on-chain regular says, “First set 10 big targets.” During the last round, he went for a goal of 150 BTC to hit $150 million; the highest unrealized profit reached $120 million. But he misjudged the direction around $120,000, gave back all the profits, and in the end only managed to keep the principal. This round, he increased the position to 300 BTC directly, with a $300 million target. So far, he has already realized about $60 million in profit.
The key isn’t how much he made, but the line from his post-mortem: you can miss the move, you can be wrong—but you refuse to get swept away by a single wave. The lesson from last round’s profits going to zero has translated into stricter risk-control discipline—this is the core of how a whale can survive into the next round.
BTC is currently around 66,387, up 1.52% over the past 24 hours. The funding rate is close to neutral, slightly positive. Price has moved above the daily sell level of 66,096. The long structure is relatively strong; if it pulls back and holds within 66,000–65,500, upward momentum should remain. The next observation level to watch is around 66,900 for the prior high. If it breaks down and loses the daily buy point at 64,045, it wouldn’t be too late to discuss a short-side counterattack.
Retail traders obsess every day about whether to buy or not. The whale worries about whether it could get lifted and taken out by a single spike. Direction can be wrong—but position management can’t be.
Solana Meme launchpad Pump.fun has announced the BOOST mode, which will serve as the standard launch mechanism for all newly issued coins in the future. The core action is simple: after a token completes its bonding curve and the migration to the pool is done, the platform injects additional liquidity. The official claim is that for each newly migrated token, liquidity is boosted by roughly 20%, while keeping the user trading experience unchanged during the curve phase and inside the pool.
Co-founder alon’s background is even more brutal—over the past year, more than $100 million in liquidity was lost at the step of “migrating from the curve to the pool.” BOOST essentially recovers that lost liquidity and re-deposits it into every token that successfully completes the binding. For the launchpad, this is fixing the old problem of “migration = bleeding.” For traders, the experience after migration—where the order book is thin and gets pierced with a single sell/buy—may improve, but don’t fantasize about “everyone can reliably make money launching coins.”
Looking at the broader market: BTC is currently at 66,528 (+2.62%), and the funding rate is still near neutral; ETH is 1,925 (+2.24%). When the market is relatively warm, the SOL Meme ecosystem is more easily ignited by sentiment, and mechanisms like BOOST are more likely to be interpreted as the launchpad “providing liquidity support for new coins.” Directionally, in the short term it leans more toward a rebound in risk appetite in the SOL ecosystem—not blindly chasing every newly migrated coin. Key things to watch: whether the real depth after migration truly keeps up, whether first-day slippage converges, and whether anyone is using the BOOST narrative to concentrate sell-offs.
A snarky one-liner: the platform is willing to top up the pool, which implies the earlier migration step really was leaking. Adding 20% doesn’t mean your dirt-cheap meme suddenly becomes a blue-chip.
$BTC daily line sell point: $66097 Daily line buy point: $64045 $ETH daily line sell point: $1934 Daily line buy point: $1858 $BNB daily line sell point: $577 Daily line buy point: $564 $BTC #BTC $ETH #ETH
Kimi K3 caught fire and paused subscriptions—does AI storytelling just keep lighting up the crypto market with smoke?
After Moonshot AI’s open-source weight model Kimi K3 launched, demand exploded. They immediately paused new subscriptions, with the official line saying it can’t handle the compute load. On Weibo’s hot list, comparison posts against Claude, and Musk dropping a teaser for Grok 4.6 with 2 trillion+ parameters—Moonshot’s response was “Welcome to the 2 Trillion+ Club.” This round isn’t a parameter flex; it’s another public execution of the compute crunch.
From the chart: BTC is currently at $66,470, up 2.81% over 24H, with funding rates only at 0.0068%—the bulls are rising but haven’t churned into mania. ETH is at $1,934.89, up 3.17% over 24H, right near the daily resistance/sell point. When AI enthusiasm surges, the market usually prefers to front-run the compute-chain and data-center narrative: BTC/ETH often capture the liquidity premium first, then rotation moves on to theme coins.
In terms of direction, bulls still have the upper hand—but don’t chase. As long as BTC holds above the daily sell point at $66,097, the next watch zone is $66,600–$67,200; if it breaks below $65,200, sentiment will cool off. ETH is hovering around $1,934; only with a volume-backed breakout above $1,950 can we talk about continuation. A pullback to $1,888–$1,858 is a more comfortable support/consolidation area.
One sentence: The model is hot—but real money is still about who pays the compute bill first. Narratives can spark fire; until funding rates blow up, don’t treat pullbacks as a faith test.
Russia passes encrypted regulation law; BTC climbs to $66.5K 📰 Crypto Evening News | 2026-07-21 21:00
🔥 Major Events 1. The Russian State Duma passes a crypto regulatory bill — a licensed supervision system comes into effect; cross-border crypto settlement is allowed for foreign trade, while crypto payments are banned domestically. Core provisions are planned to take effect on 2026-09-01. 2. Exchanges including Binance freeze funds involved in the Midnight cross-chain attack — multiple parties coordinate to blacklist and suspend NIGHT deposits/withdrawals; the foundation says the mainnet and native assets were not affected. 3. Morpho launches fixed-rate lending for Midnight on Base — expands on-chain credit offerings and provides a more predictable interest-rate structure. 4. Kalshi World Cup futures trading volume soars to $24.2B — “World Cup champion” single market exceeds $1.2B, with about 75% of visitors skewing toward information consumption.
📊 Market Data 5. BTC at $66,518, 24H +2.93% — high $66,618, total trading about $10.75B USDT, funding rate about 0.0074%. 6. ETH at $1,942, 24H +3.77% — nearing $1,950, total trading about $8.36B, funding rate about 0.0012%. 7. BNB at $578.11, +1.46% — follows a mild rebound in the broader market. 8. XRP at $1.141, +3.80% — leads among some major altcoins. 9. Hyperliquid/Binance OI hits a new all-time high of 18.7% — on-chain perpetual positions continue to expand. 10. Morgan Stanley adds about 115 BTC last week — MSBT total holdings 5,876 BTC, worth over $389M. 11. Tech-themed ETFs attract about $100B in inflows this year — total number of related ETFs expected to exceed 500. 12. WTI crude oil rises about 2%, gold and silver strengthen in tandem — gold about $4,057; silver about $59.
🏛️ Regulatory Policy 13. Russia’s framework: licensed operations + allowed for foreign trade, banned payments domestically — the central bank issues licenses uniformly; next steps await approval by the Federal Committee and presidential signature. 14. After cross-chain attacks, joint risk controls are becoming standard — freezes, blacklists, and pause/deposit-withdrawal procedures as standardized actions.
💡 Project Updates 15. Jito Labs launches its professional trading platform JTX — strengthens Solana institutional-grade execution and trading tools. 16. Maple token lists on 1inch — syrupUSDC/USDT are tradable, improving liquidity for lending positions. 17. Ramp fully opens stablecoin accounts and payments — advances a fiat-to-stablecoin in/outflow loop. 18. SHIB’s “giant whale” hasn’t moved for 5 years: about 1.03T SHIB — initial investment around $10,000; peak valuation once reached roughly the $5B range. 19. Microsoft and Mistral expand cooperation on European AI infrastructure — on the order of billions of dollars, integrating thousands of Vera Rubin GPU cards. 20. US stock premarket Nasdaq 100 futures lead up about 1.28% — tech growth styles dominate, with spillover risk appetite.
📊 Market Overview: BTC $66,518 (+2.93%), funding rate 0.0074% | ETH $1,942 (+3.77%), funding rate 0.0012% | BNB $578.11 (+1.46%) 📍 Daily buy/sell levels: Daily sell point $BTC $66,096.5 | Daily buy point $64,044.6 / Daily sell point $ETH $1,933.67 | Daily buy point $1,857.59 / BNB daily sell point $577.16 | BNB daily buy point $564.49
BTC daily trading sell points were stepped on, will you dare to chase in the night session?
The whole-day replay is very clear: in the morning it was still grinding around 64,000, and the close directly surged to 66,330. BTC +2.09%, ETH +2.14%. This wasn’t a low-volume fake pump—BTC spot volume was 10.88 billion USDT, and ETH 8.57 billion USDT. The volume matches this rebound.
What’s even more eye-catching is the level. BTC’s current price is 66,330, already above the daily R1 at 66,097; ETH is 1,935, teetering right on the edge of daily R1 at 1,934. The daytime lows were BTC 64,034 and ETH 1,853—exactly near the daily buy-point area where selling pressure should have paused. This structure isn’t random; it’s a rebound with clear pivot-point support.
What about the funding rates? BTC is only 0.0077%, while ETH is nearly zero. After a two-point rise, leveraged longs still haven’t rushed in to celebrate wildly—this suggests the move is more like spot/passive buying rather than pure short-covering fueled froth. In this kind of market, the night session is actually more dangerous than daytime—because the real test is whether it can hold the R1 it just stepped onto.
The direction is very clear: short-term data is bullish, but don’t chase in the night session. 1. For BTC, hold above 66,097; next watch 66,800–67,000. If it loses 66,097, the pullback to 64,900–65,200 is a more comfortable observation zone; if it breaks 64,045, then this rebound is basically invalid. 2. For ETH, first see whether 1,934 can hold. Only after it holds firm do you look for 1,980–2,000. If it falls back below 1,888, the momentum for longs breaks. 3. BNB is relatively the weakest: +0.99% to 577, sitting right on the daily sell point. It’s not rising aggressively—don’t expect it to lead.
Night session / next-day outlook: From late Asia into the handoff with Europe/US, there’s one key question—will R1 act as support or turn into an intraday trapped-liquidity zone? If BTC holds flat between 66,100–66,500 and the pullback doesn’t break 65,700, then the next day’s bulls remain in control. If it sells back hard into R1 with volume, then today’s +2% is just liquidity for whoever is late to take the bag. Don’t let the green-close candles fool you—above the pivot point is the trend; below the pivot point is just air.
“Set 10 Big Goals First” extends unrealized gains to $5.15M: 2,358 BTC long positions piled up at the top of the wind
On-chain monitoring shows that the address “Set 10 Big Goals First” entered BTC long positions at an average price of 63,827, holding about 2,358 BTC with a notional value of roughly $150 million; after BTC broke above 66,000, unrealized gains expanded to about $5.15 million.
Spot BTC is currently trading at 66,248, up 2.25% over 24H. The funding rate is still slightly positive but not high. The bulls have the edge—no problem. But don’t treat a whale’s unrealized gains as a free pass; it’s a profit-carrying large position, not a retail fortress.
The key is two layers: 1. Whether price can hold above the daily sell-point area, turning the breakout into sustained follow-through rather than a one-day trip 2. If a pullback causes a loss of the 65,000 area, this bull narrative will cool off quickly
Direction: data leans bullish. Prioritize the quality of the consolidation/acceptance after the breakout; if price loses the daily buy-point area, reassess the strength again. One sarcastic line: the whale is counting unrealized gains, while you’re counting candlestick sentiment—these aren’t the same set of position instructions.
After 11 months of silence, a giant whale crashes out 9,000 ETH—does an OTC distribution signal appear?
Onchain Lens monitoring: After going dormant for 11 months, a certain giant whale transferred 9,000 ETH to Cumberland, worth about $17.19 million. The path height is suspected to be an off-exchange sale. What’s even more striking is the history: this address previously split into 13 transactions to deposit about 50,000 ETH into FalconX, totaling roughly $2.057 billion.
Current ETH price is $1,940, up +4.08% in 24H. The funding rate is only 0.003%—longs are pressing higher while the whale is moving funds. As the price surges upward, the OTC channels are already taking deliveries. This isn’t the “buy on faith” narrative retail tells; it looks more like a large holder borrowing the bounce to cash out.
If the bulls want to keep going, first see whether they can hold above the daily sell point. Once a pullback breaks down and loses the $1,858 area, today’s rebound will only be a window for liquidity. The whale doesn’t tell you a story—it only shows you the address.
SOL spot ETF sees a daily net inflow of $2.64 million—are funds still queuing?
In the U.S. East on July 20, U.S. SOL spot ETFs recorded a total daily net inflow of $2.6396 million. Throughout the day, it was almost only Bitwise BSOL pulling in funds, with historical total net inflows of about $903 million; the total net asset value of SOL spot ETFs is also about $903 million, the net asset ratio is 1.99%, and cumulative net inflows have reached $1.140 billion.
At the current price, SOL is around $78.54, up 3.51% over 24H, with a funding rate of about 0.0069%, which is a relatively mild positive funding. BTC at $65,984 (+2.84%) and ETH at $1,935 (+4.08%) are rising in tandem—risk appetite is back. This isn’t just a SOL “solo run” mirage.
Bias is slightly bullish: institutional channels are still coming in, so don’t let intraday pullbacks scare you out on the short term. Key to watch is the support and absorption around $76; if it holds above $79, the next target is in the $82 area. If it breaks below $76, the bullish narrative should cool off—don’t rush to add.
One sentence: the ETF is slowly “moving bricks,” but retail investors always want to double in a day—money is being more honest than sentiment.
BitMine ETH holdings surge to 5.78 million ETH; institutional accumulation still accelerating
Ethereum treasury company BitMine has revealed its latest holdings: it now holds 5.78 million ETH, about 4.8% of circulating supply, leaving just a small step from its goal of reaching 5% of all ETH holdings. Over the past week, it added another 7,430 ETH.
The company’s total value of crypto assets, cash, and available-for-sale securities is $11.5 billion, including 207 BTC and $385 million in cash securities. About 4.90 million ETH (roughly 85% of the treasury) has been staked via validator networks and partner arrangements. In the same period, it also repurchased 5.5 million shares under a $4.0 billion buyback program. MAVAN, its staking validation platform, contributed $45.7 million in revenue over the last quarter, accounting for 98% of total revenue.
At the current price, ETH is $1,923.99, up 3.57% over 24 hours. The funding rate is only 0.0058%—bulls are in the lead but the market isn’t overheated. Institutions are both locking in staking and repurchasing shares, effectively adding to Ethereum exposure on-chain and on the equity side at the same time.
Key levels: Holding above 1,900 is crucial. The next watch point is the 1,934 daily sell level. If there’s a pullback, around the 1,858 daily buy zone is structural support. Only if it breaks down should we talk about sentiment cooling; otherwise, this move looks more like a trend higher following institutional accumulation.
One sentence: Retail is still debating whether 1,900 can hold—BitMine is already treating the 5% supply target as a KPI.
BTC rebound to 65,500—was it real strength, or just the shorts giving a breather?
This midday rebound looks lively, but if you break it down, it’s mostly catch-up buying sentiment.
BTC is currently at 65,494, up +1.49% on the daily. The 24h low was 63,736, and price was pushed all the way to 65,788. Volume is 11.25 billion USDT. It’s not a shrink in volume, but it’s also not a flood of aggressive buying. The funding rate is only 0.0073%, and longs haven’t FOMOed into chaos—suggesting this move is more like short covering than fresh longs rushing in.
ETH is even more urgent: 1,923, up +2.91%, with price hovering almost right at the daily sell level of 1,933 as it grinds. XRP is also in line, up +2.86%. There’s some sector linkage, but BTC’s breakout strength is only average, while ETH has more upside flexibility—this is a classic rebound structure, not the start of a trend.
Key levels are clear: 1. The first resistance “wall” above BTC is the daily sell level at 66,096. If it holds, and volume pushes it through, the next target is around 67,000. If it can’t break through, this rebound is likely over where it stands. 2. The daily buy level at 64,044 is still the lifeline. It just bounced up from near this line, suggesting support is temporarily effective. If it breaks again, the downside risk directly opens up to 63,000. 3. ETH is stuck at the 1,933 sell point. Don’t rush to chase before a breakout; the more comfortable area to watch is a pullback to the 1,857 buy point.
Direction: short-term data is leaning bullish. The rebound isn’t over, but the height is capped.
Trading framework: hold the rebound thesis above 65,500. As it approaches 66,000–66,100, trim and wait for clarity. If there is an effective breakdown below 64,000, switch immediately to a defensive stance. Don’t mistake short covering for a return to a bull market—the funding rate isn’t hot, and volume isn’t crazy. The most dangerous thing now is treating this rebound as if it’s turning into a trend.
Create new wallet, withdraw 74,000 ETH from Gemini, and stake them all
Lookonchain monitoring shows that a newly created wallet has just withdrawn 74,000 ETH from Gemini—about $136 million—then transferred it all into staking. This is not spot selling pressure; instead, after the exchange withdrawal, the funds were immediately locked in staking.
At the current price, ETH is $1,912.2, up 1.97% over the past 24 hours, and the funding rate is close to neutral. Large on-chain withdrawals followed by staking effectively reduce the amount of freely circulating float. In the short term, the bulls have the advantage: a pullback to 1,858–1,880 could be worth watching for confirmation/absorption; if price holds above 1,910 and volume increases, the next target looks to be 1,930–1,950.
Staking immediately after withdrawing from the exchange is more convincing than slogans being shouted on the order book—because someone is locking their funds, not searching for a buyer.