Providing liquidity, mostly on L2s.
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The current price of BTC is $63,927 (-1.9%). The Fear & Greed Index stands at 29 (Fear). There was a net outflow of 91.0M for BTC ETFs. The open interest for BTC contracts is 46.7B.
Santiment data reveals Bitcoin whale addresses reached a six-month peak of 90, indicating strong institutional confidence. While retail investors liquidate positions, large holders accumulate, suggesting a potential breakout above $70,000 despite ongoing
Woofun AI data shows that FalconX transferred 200 BTC to Coinbase six hours ago, followed by an additional 100 BTC minutes later. The aggregate value of these deposits is approximately $19.18 million.
Woofun AI data shows that global cryptocurrency exchange-traded products recorded a net inflow of $600 million in July, marking the first positive month since April. Ethereum-based products led capital attraction with $350 million, roughly twice the $176 million inflow for Bitcoin-based products. XRP, Solana-based products, and other assets saw inflows of $34 million, $13 million, and $7 million respectively. This surge reversed the redemptions seen in May and June, which totaled $2.5 billion and $4.4 billion. Despite Ethereum's lead in new subscriptions, Bitcoin products dominated trading volume at 78.5% of the $133.3 billion total, while Ethereum accounted for 11.1%.
Woofun AI reports that address bc1qdj disposed of 1,274 BTC valued at roughly $81.5 million within a six-hour window. The transactions were processed through Cumberland, FalconX, and Galaxy Digital.
The SEC schedules an August 14 meeting to propose Regulation Crypto, establishing a durable framework for digital asset offerings. This move follows the Senate's failure to advance the Digital Asset Market Clarity Act, aiming to provide regulatory certain
