[Block Rhythm] On August 22, it was reported that today, an ancient Whale is heavily dumping BTC and going long on ETH, with initial funding sourced from a certain platform that has been criticized multiple times by on-chain detectives.
The ancient Whale has sold 2,970 BTC (approximately $334 million) in the past 24 hours and bought 50,470 ETH spot (approximately $215 million), while going long on 135,263 ETH (approximately $575 million) on Hyperliquid.
According to previous reports, on February 26, 2024, the hot wallet of a certain trading platform recorded an outflow of approximately 56 million USD on February 23. Shortly after this outflow occurred, user withdrawal requests encountered processing delays, and the platform has not released any official announcements to date.
2024

On August 22, according to on-chain data, a Wallet that withdrew 15,000 BTC from a certain trading platform 7 years ago (then worth 95 million USD) has again dumped 2,970 Bitcoins (about 334 million USD) in the past 24 hours, and bought 50,470 Ether Spot (about 215 million USD), while going long on 135,263 Ether (about 575 million USD) on a certain platform.
As a result, his total nominal exposure to Ethereum reached 185,733 coins (approximately 790 million USD).

[Coin World] On August 22 (UTC+8), a Bitcoin think tank and advocacy organization in the UK launched an application that allows users to contact their MPs with one click, aimed at helping UK residents voice their opinions on Bitcoin-related policies. After entering their name, email, and postal code, users can choose to follow topics (such as opposition to CBDCs, FCA classification of Bitcoin, tax treatment, or strategic reserves), and the system will generate and send a letter of advocacy to the corresponding MP. The organization stated that the current tax and regulatory policies in the UK limit the innovative development of Bitcoin and that collective action is needed to drive change. The team emphasized that this is a crucial moment to influence the future policy direction of Bitcoin in the UK.

[Block Rhythm] On August 22, according to official news, a certain platform will add support for World Liberty Financial USD (USD1) on the Ethereum network. If liquidity conditions are met, trading will begin later today.

[Bit推] According to the research director, "The Bitcoin bull market index has shifted from a bullish cooling phase to a neutral phase, with the index declining from 70 to 50.
For risk management purposes, if the index continues to weaken, it means that the Bitcoin price may continue to decline.

The U.S. Treasury conducted the largest debt buyback in history, amounting to $4 billion, aimed at alleviating liquidity pressure. However, the $29 billion in debt sell offers submitted by investors reveal a severe market imbalance, and analysts point out that systemic financing pressures could intensify. The market is focusing on the upcoming speech by Fed Chairman Powell and the future direction of interest rate policy.

[Coin World] News: The $464 million civil fraud fine against U.S. President Trump has been overturned by the New York State Appeals Court.

[Block Rhythm] On August 21, according to monitoring, a Bitcoin OG whale has deposited 20 million USDC into a certain platform and opened long positions in ETH with 6x leverage in a new Wallet.

[Coin World] The U.S. August S&P Global Manufacturing PMI preliminary value recorded 53.3, reaching a 39-month high. The U.S. August S&P Global Services PMI preliminary value recorded 55.4, reaching a 2-month low. The U.S. August S&P Global Composite PMI preliminary value recorded 55.4, reaching a 9-month high.

[Coin World] SOL Strategies announced that its treasury currently holds 400,909 SOL. The company generates SOL revenue daily through validating nodes and chooses to reinvest it rather than dilute shareholder equity, thereby expanding the treasury size at a cost lower than the market purchase. Furthermore, this data does not yet include its Jito SOL holdings.

On August 21, the US stock market opened, with the Dow Jones falling 0.29%, the S&P 500 index dropping 0.27%, and the Nasdaq decreasing by 0.3%.

The report points out that Jill Hirzel of Insight Investment believes that the dollar may weaken due to Trump’s policies, and the diminished attractiveness will weaken capital inflows. At the same time, investors need to be cautious when betting on a dollar fall, as weak growth in other regions and high real Intrerest Rates may impact the market.

[Bitpush] During Bitcoin Asia, on August 27 at 19:00 (UTC+8), a physical event "FAUCET 2025" will be held at the Fringe Club in Lan Kwai Fong, Hong Kong. At that time, the roundtable forum "Dialogue by the Water" will conduct an in-depth discussion on key topics such as stablecoin, RWA, coin equity, and on-chain market, jointly exploring the direction of industry development.
It is reported that this year's theme is "Flood Irrigation", focusing on the new ecology of compliant digital assets. The FAUCET series of events has successfully held three consecutive sessions since its launch in 2023.

MetaMask launched its native stablecoin MetaMask USD (mUSD) on August 21, planning to launch on the Ethereum and Linea networks. mUSD will be issued by Bridge, a subsidiary of Stripe, fully backed 1:1 by high liquidity USD assets and deeply integrated with Linea DeFi to provide a variety of financial services. The MetaMask card spending feature will also be launched by the end of the year.

On August 21, according to reports, the decentralized lending protocol Aave has launched on Aptos, marking its first deployment on a non-EVM Blockchain. This release on Aptos supports native USDC, USDT, APT, and sUSDe. Additionally, the Aptos Foundation will provide user rewards and liquidity incentives to promote its adoption. Furthermore, Aave will also integrate

[Chain News] According to monitoring, USDC Treasury has newly minted 500 million USDC on the Solana network.

[Coin World] On August 21, according to the data platform "Fed Watch", the probability of the Fed keeping the interest rate unchanged in September is 20.9%, and the probability of a 25 basis point rate cut is 79.1%.

On August 21, according to an official announcement, a certain platform announced the discontinuation of Margin Trading and spot lending services for CATI/USDT, NMR/USDT, ICX/USDT, DGB/USDT, MEME/USDT, JST/USDT, and RVN/USDT.

[Coin World] It is reported that the Chief of Staff of the Vice President of Brazil defended a proposal to purchase Bitcoin as foreign exchange reserves for $19 billion. "Bitcoin is a revolution in the public finance sector," is it a "cure"?

[Coin World] According to reports, Yuan Zheng Technology (02488.HK) announced that the company will combine its existing business accumulation with real-world assets (RWA) technology to promote the strategic layout of assetization of equipment and related RWA applications.