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The #BTC strategy did not execute any BTC transactions—neither purchases nor sales—last week and is still focused on increasing reserves in S.


📊 #BTC C.Q.: Leverage peaked on August 14, just prior to the price surge, but has been steadily declining since then, with a brief uptick after August 19. Typically, leveraged growth can end abruptly, as lenders may liquidate positions if prices fall. In contrast, growth that attracts new capital without increasing leverage tends to be more stable.


😲🚀 #PROM skyrocketed by 46% after its debut on Bithumb. Notably, just prior to this surge at 4:00 AM Moscow time, it achieved the highest purchase volume across all centralized exchanges (CEXs), a position it still holds.

📊 View Chart 👈


🕵️‍♂️ Currently, the largest short positions are held by accounts engaged in market maker hedging. Abraxas Capital, Fasanara Capital, and Wintertermute collectively maintain short positions amounting to 138,569 ETH (approximately $338 million) and 3,425 BTC (around $265 million).


🏦 Fasset, a neobank specializing in stablecoins such as #USDT and #USDC, has achieved a valuation of $1 billion, bolstered by support from SBI to enhance its payment services. coindesk.com


🔍🐳 Whale and Institutional Transactions:

1. Abraxas Capital has initiated short positions on Hyperliquid valued at around $783 million. In addition, they are implementing a strategic hedge by making spot purchases, having withdrawn 73,872 #ETH (approximately $173.17 million) from Binance over the past four days.
2. Arthur Hayes redeemed 1.9 million #ETHFI for about $1.17 million at a price of $0.62. Four months earlier, he sold 265,461 #ETHFI (roughly $118K) at a loss, fetching $0.44.
3. The #TRUMP team sold #TRUMP for a total of 3.39 million #USDC.


#SAND Sandbox (SAND) Trading Advisory Update upbit.com #Upbit #Listing
⏱️ Timestamp (UTC): 06:00:03.345


🙅‍♂️ #SUI Phantom will stop supporting the Sui Network as of September 24.


🔍 #ENA Three days ago, Ethena transferred 170 million ENA (approximately $14.09 million) to FalconX. Today, they returned all the tokens.


🤝👀 The American Idea Foundation and Digital Asset (Canton) have teamed up to launch pilot programs aimed at delivering government benefits via the Canton Blockchain as part of the RISE initiative.


Trade XRP (Ripple) for a chance to win a total prize of 1 BTC! Participate in the XRP TOP 100 trading event! For more information, visit upbit.com #Upbit #Listing
⏱️ Time (UTC): 11:31:58.408


😲🚀 #ENA has experienced an impressive increase of over 55% since yesterday. At 8:13 AM Moscow time, it was leading in futures purchases, and by 9:08 AM, it also ranked prominently in spot purchases across all centralized exchanges, driving this surge. Currently, #ENA continues to be a top choice for buyers.

📊 View Chart 👈


📊 #RWA CryptoRank: The count of holders of tokenized assets has more than doubled since June.


🇯🇵 Laser Digital, backed by Nomura, has secured Japan's first cryptocurrency approval in four years. coindesk


#NEXO NEXO (NEXO) New Support for Trading Announcement (USDT Market) upbit.com #Upbit #Listing
⏱️ Time (UTC): 10:19:26.052


😨 #BTC CQ: The recent price surge can be attributed not to spot buying, but to a wave of liquidations in the Binance futures market. This week, the short squeeze rate on Binance hit 6.94, marking the highest level since late 2024. Such short squeezes are typical in bear market conditions. With futures supplies decreasing and natural spot demand failing to keep pace, the potential for a more substantial decline in the future remains high.


Over the last four hours, roughly $579 million in contracts have been liquidated, with about $497 million of that total originating from short positions.


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📈 #BTC has surpassed 79,000.


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💰 The #BTC Strategy is currently sitting on $875 million in unrealized gains from its Bitcoin investment.


#MANTRA Trading Advisory for MANTRA (MANTRA) upbit.com #Upbit #Listing
⏱️ Timestamp (UTC): 08:00:01.804

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