A Whale Accumulated 262.5 WBTC with Leverage, with an Average Price of $110,286

On August 27th, as monitored by on-chain data analyst Yu Jin, a whale that purchased WBTC through leverage lending borrowed an additional 14.473 million U.S. dollars in the last 20 minutes to acquire 132 WBTC. Today, by withdrawing from Binance and on-chain borrowing, it has accumulated a total of 500.2 WBTC (approximately $55.4 million) at an average price of $110,762.

On August 27th, the analysis by BiyaPay pointed out that the price decline of BTC this month is associated with the outflows of ETF funds. In order to welcome a potential bull market by the end of the year, a large amount of fund inflow is required. In January 2024, 11 physically-backed Bitcoin ETFs were listed on NASDAQ, enabling investors to gain exposure to cryptocurrency without having to self-custody the coins. Since then, these funds have cumulatively attracted $53.9 billion in investment. However, these funds recorded a net outflow of $972 million this month, which is the second largest since their inception, second only to February's $3.56 billion. If the data on Friday still shows a net outflow, it will mark the end of a four-month trend of fund inflows.

On August 27th, QCP Capital announced on its official channel that President Trump appears to be determined to form a more closely-knit team within the Fed in order to tilt policy towards dovishness. Currently, Bowman, Waller, and Mester are widely regarded as Trump supporters. If Governor Quarles is replaced, even without appointing to the two vice chair positions and the next chair, the pro-Trump voice on the board will increase to four seats. Last week's Jackson Hole meeting redefined the Fed's risk balance. Officials expressed greater concerns about a slowdown in the labor market and noted the downward revision of nonfarm data. In our opinion, the labor market background is now more prominent than the risk of inflation accelerating. This has laid the foundation for a rate cut in September—although nonfarm and CPI data will be released before the FOMC meeting. Furthermore, in the AI field, NVIDIA, a benchmark, will report earnings after the market closes today. The market will clo

On August 27th, based on market data, the WLFI price on Hyperliquid reached $0.39. Currently, it is trading at $0.34. And the pre-market contract price on Binance is currently $0.269.

On August 27th, as monitored by lookonchain, a whale address beginning with 0x54d7 took short positions on XPL with 2x leverage and WLFI with 3x leverage on Hyperliquid. This led to a loss of more than $1.4 million. The liquidation prices are as follows: XPL: $2.2866; WLFI: $1.1172.

On August 27th, as monitored by The Data Nerd, a BTC whale deposited 750 BTC into Binance after holding it for 12 years. This is equivalent to approximately $83.11 million. 12 years ago, their entry price was only around $122. The realized profit on these 750 BTC is $83 million, resulting in an investment return of 907 times.