Whale 0x2684 accumulates 74,265 $ETH ($131.5M) and 1,050 $WBTC ($67.49M) since June 30

According to crypto analyst Murphy, Bitcoin’s URPD (UTXO Realized Price Distribution) data reveals that Bitcoin has a high concentration of 890,000 coins at the $63,000 level, and 710,000 coins at the $62,000 level. Together, these holdings account for roughly 8% of the circulating supply, far exceeding the average. Murphy points out that this concentration level mirrors that seen on the eve of the 2022 FTX incident, noting that high concentration boosts Bitcoin’s price sensitivity, making it vulnerable to sharp fluctuations and eventually triggering violent capital redistribution, which could mark a key directional shift in the late bear market. In response, Jiang Zhuoer commented that if the CLARITY Act fails to pass before the congressional recess, Bitcoin may see its final drop to the bear market bottom.

According to monitoring by Farside Investors, Bitcoin ETFs posted a cumulative net inflow of $172.8 million in July. July’s inflows were driven primarily by IBIT (+$227.6 million) and Grayscale BTC (+$294.6 million), while Grayscale GBTC (-$360.4 million) and Fidelity FBTC (-$209.5 million) saw notable outflows. Separately, Bitcoin ETFs recorded a net outflow of $61.5 million last week.

According to CoinGlass data, Coinbase’s Bitcoin Premium Index has remained in negative premium territory for 75 consecutive days from May 19 to August 1, setting a new record for the longest consecutive negative premium period since the index’s launch. The previous longest record was 40 consecutive days from January 16 to February 24 this year, which also exceeded the roughly 30-day consecutive negative premium period during last year’s "1011 crash". The Coinbase Bitcoin Premium Index measures the Bitcoin price spread between Coinbase Pro and Binance. A sustained negative index typically indicates Coinbase’s quoted price is relatively lower, reflecting weak buying demand or heavy selling pressure in the U.S. market, but the metric alone should not be used to directly conclude that institutional funds are flowing out.

Kuwaiti military: Its air defense forces are currently intercepting enemy missiles from Iran.

Early this morning, BSC ecosystem meme coin ASTEROID surged past $10 million in market capitalization just four hours after its launch. Per GMGN market data, as of press time, the token’s trading volume has topped $20.5 million. GMGN records show the token was deployed from the TST developer address. Earlier, CZ publicly stated that BNB Chain members used TST as an example for tutorial videos, and the team later “handled (deleted)” the private key of the address that created the TST token. This lingering uncertainty is likely the key factor driving ASTEROID’s rapid price rally.

According to South Korean media outlet Daum, South Korea’s stock market has seen heightened volatility recently, with investors’ risk appetite cooling sharply as funds flow back to safe-haven assets like bank deposits from equities. Driven by semiconductor sector corrections and stricter oversight of leveraged investments, idle funds in the South Korean stock market have exited rapidly, triggering a so-called "reverse capital migration" phenomenon. Data shows that as of the end of July, time deposit balances at South Korea’s five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) reached 973.49 trillion won, rising by 24.09 trillion won from the previous month, marking the largest monthly increase so far this year. Funds linked to the stock market have also contracted noticeably. Data from the Korea Financial Investment Association indicates that investor securities account deposits (idle funds earmarked for stock trading) hit an all-time high of 139.69 trillion won on June 4, but fell to 107.20 trillion won by July 28, a reduction of over 32 trillion won in less than two months. Margin loan balances, which represent the scale of leveraged market transactions, dropped to 33.19 trillion won in the same period, down roughly 4.5 trillion won from the 37.72 trillion won peak set on July 2, a decline of around 12%.