The BONK treasury attacker has once again transferred 400 billion BONK tokens to Coinbase, worth approximately $1.11 million.

Per OnchainLens' monitoring, FalconX transferred HYPE tokens worth $50 million internally this morning, totaling 533,250 tokens.

Garrett Jin(@GarrettBullish) flipped short on $BTC after closing his long for an $8.38M profit! He now holds a 3x short on 500 $BTC ($43.23M).

According to market data from BIT (bit.com), U.S. stocks closed with the Nasdaq Composite rising 2.26% to a new all-time high, the Dow Jones Industrial Average up 0.71%, and the S&P 500 gaining 1.49%. U.S. chip stocks surged across the board: AMD jumped nearly 10%, with its market capitalization breaking through $1 trillion for the first time. The semiconductor, storage, and optical communications sectors all rallied. In the semiconductor and storage sectors: Seagate Technology (STX) rose 2.16%; Western Digital (WDC) gained 1.54%; SanDisk (SNDK) fell 1.41%; Micron Technology (MU) climbed 2.77%; NVIDIA (NVDA) advanced 2.30%; Intel (INTC) jumped 12.14%; Advanced Micro Devices (AMD) rose 9.95%; Qualcomm (QCOM) increased 9.29%. In optical communications-related stocks: Pure Photonics ETF FOTO rose 2.49%; Marvell Technology (MRVL) gained 5.38%; AAOI (Applied Optoelectronics) climbed 3.33%; LITE (Lumentum Holdings) advanced 2.53%; COHR (Coherent Corp.) rose 1.31%; CIEN (Ciena Corporation) jumped 4.92%; FN (Fabrinet) gained 3.35%; AXTI (AXT Inc.) surged 14.14%; NOK (Nokia) rose 2.43%.

Federal Reserve official Moussa Lam said interest rates may need to rise further to curb demand- and supply-driven inflation.

X has sued Vivek Kumar Sen, Zamyang Sherpa, and other unnamed individuals in the UK High Court, accusing them of operating a coordinated bot network that manipulated engagement data to defraud at least ￡207,400 (approximately $278,000) from X’s Creator Revenue Sharing Program. X alleges the defendants operated 6 primary accounts and at least 3 secondary accounts, regularly posting highly similar Bitcoin content and generating fake engagement via mutual likes, retweets, and other interactions between the accounts. Stripe accounts linked to some of the accounts were found to use names and bank accounts mismatched with the actual operators to obscure fund sources. X states the network participated in the Creator Revenue Sharing Program from 2023 to 2026; the program, which allocated ad revenue based on engagement metrics including likes, replies, and retweets, was officially shut down on September 7 and replaced by Original Content Rewards, which explicitly excludes "artificially generated" fake engagement. X suspended the 9 accounts in question on August 18, demanding the defendants return at least $278,000, plus claims for investigation costs, damages, interest, and legal fees. As of September 21, no defendants have submitted a defense in the case.

Bitcoin surged past the key resistance level of $82,000 to hit a high of $87,300, triggering liquidations of around $750 million in bearish crypto derivative positions, with buying pressure from short covering further fueling the price rally. Since the breakout, Bitcoin’s derivative open interest has added roughly $2 billion, indicating a rapid return of market leverage. Nansen analyst Nicolai Sondergaard noted that “prices are turning bullish faster than position adjustments.” U.S. spot Bitcoin ETFs, which had faced headwinds from the CLARITY Act and Federal Reserve rate hikes, saw a combined outflow of $746 million on Tuesday and Wednesday, followed by inflows of $160 million and $433 million on Thursday and Friday respectively. The average cost basis for U.S. Bitcoin ETF holders is around $82,200; with Bitcoin breaking above this level, ETF investors as a whole have returned to profitability. Looking ahead, Sondergaard identifies $87,000 as the next key level, with $90,000 and $92,000 as subsequent targets; Wintermute trader Jasper De Maere also believes Bitcoin could test $90,000. However, he pointed out that breaking above the 50-week moving average is merely a positive signal, and significant volatility could still occur in the short term. The market is now closely watching whether spot and ETF inflows can sustain the rally. Sondergaard warned that if spot demand fails to keep pace with the growth in derivative leverage, the rally could become leverage-driven and reverse rapidly amid rising U.S. Treasury yields or geopolitical shocks. Wintermute advised focusing on ETF flows, perpetual contract open interest and funding rates in the coming days, as well as the options expiration this Friday.