Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

CryptoQuant’s report shows that between August 1 and 30, wallets holding over 100 BTC added a cumulative ~60,000 BTC, while wallets holding 1 to 100 BTC reduced their holdings by ~33,000 BTC, and wallets with less than 1 BTC cut their positions by ~14,000 BTC. Overall, large holders absorbed supply amid the market rally, while small and medium-sized holders took profits and exited on the rebound. BTC traded mainly in the $62,000–$65,000 range through mid-August, breaking out of the range on August 19. Large wallets’ buying accelerated sharply following the breakout, rather than just positioning ahead of a downturn. On August 27, BTC briefly touched $80,000, peaking at $81,500 the next day before pulling back. This rally was not purely driven by leveraged buying of dips; a key feature is BTC’s continued concentration from small wallets to large wallets. As of August 30, large wallets have not yet significantly unloaded the ~60,000 BTC they previously accumulated, so their actions can still be seen as absorbing supply during the upswing. However, this does not guarantee the $80,000 level will hold, nor can it be used to conclude BTC will end August with a monthly gain. If large wallets start selling the ~60,000 BTC they accumulated earlier while BTC stays consistently below $80,000, the earlier "absorption" assessment will be invalidated.

According to HTX market data, Bitcoin has fallen below $78,000, currently trading at $77,982.9 per coin, down 0.77% on the day.

According to official announcements, Upbit has designated Injective (INJ) as a "Trading Attention Project". Currently, Injective (INJ)'s deposit and withdrawal services have been suspended. When services resume, only withdrawal functionality will be opened first. BlockBeats previously reported that Injective stopped block production for approximately 3 hours and 42 minutes on August 31, with the block height recovering from 181,027,006 to 181,027,007, and no rollback occurred during the period. QuickNode's status records also show that the Injective mainnet experienced a global block stall that day, prompting the deployment of an emergency patch. Attackers are suspected of repeatedly exploiting Injective's insurance fund and permissionless binary options market creation mechanism, executing a total of 299 related operations, ultimately transferring approximately 1,979.8 ETH (valued at around $4.88 million) to a single address.

According to Bitget market data, spot gold has fallen more than 1% on the day, currently trading at $4,404.47 per ounce.

Aster’s official team announced via social media that the cliff period for the unlock of 400 million ASTER tokens (accounting for 5% of the total maximum supply) allocated to its core team has been extended from September 17, 2026 to September 17, 2027. Originally, the team allocation was set to unlock 10 million ASTER monthly starting September 17, 2026; this token portion has remained fully locked since the Token Generation Event (TGE) and will continue to be locked until the new extended date. Aster noted that this adjustment will not impact ASTER’s buyback-and-burn mechanism: for every 1 ASTER repurchased, an equal amount of ASTER will be burned from reserves, with team-allocated tokens prioritized for such burns.

News Flash from Dongcha Beating AI: Kuaishou’s Keling AI has secured investment from a national industrial fund. The National Artificial Intelligence Industry Investment Fund has injected 1.4 billion yuan into Beijing Keling, while Charoen Pokphand Robot Investment contributed approximately $19.29 million (equivalent to around 131 million yuan). This is a follow-up to Keling’s nearly $3 billion financing plan announced in July. According to the announcement, the total cap for this round of capital increase, about 20.447 billion yuan (roughly $3 billion), has been fully utilized. The National Artificial Intelligence Industry Investment Fund and Charoen Pokphand Robot now hold stakes of approximately 1.14% and 0.11% respectively. The National Artificial Intelligence Industry Investment Fund, which made the investment, has a scale of around 60.06 billion yuan and is controlled by the third phase of the National Integrated Circuit Industry Investment Fund.