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

Aug 3 Update: #Bitcoin ETFs: 1D NetFlow: -3,321 $BTC(-$210.32M)?? 7D NetFlow: -297 $BTC(-$18.8M)?? #Ethereum ETFs: 1D NetFlow: -3,515 $ETH(-$6.52M)?? 7D NetFlow: +1,573 $ETH(+$2.92M)??

HyperChange podcast host Gali posted on social media that SpaceX’s current stock price decline may be seen as a “crazy opportunity” in hindsight, attaching a chart of SpaceX’s stock performance. Elon Musk responded, “I think so.” The chart shows SpaceX’s stock once hit a high of roughly $200 after going public before falling continuously. As of July 31, SpaceX’s stock traded at $108.37, down about 32.67% from its past year high, a notable pullback from the all-time peak, with a current market capitalization of around $1.43 trillion.

According to Bit.com market data, some US tech giants are rallying: Meta Platforms (META.O) is up over 6%, Microsoft (MSFT.O) is nearly 5% higher, Alphabet Inc. Class A (GOOGL.O) gained 3.7%, and Oracle (ORCL.N) rose 4.6%.

Wallet 18TExP, holding 500 $BTC($31.27M), transferred all 500 $BTC to a new wallet 1 hour ago after over 12 years of inactivity. The owner may have moved the funds to a new wallet due to security concerns following the #Coldcard hack.

According to EmberCN’s monitoring, an ancient Bitcoin miner address transferred 500 long-inactive BTC roughly half an hour ago, worth approximately $31.27 million. Data shows these 500 BTC, aggregated from mining addresses in 2013, had not been moved for over 13 years. At that time, Bitcoin’s price was around $1,020, making the 500 BTC worth about $510,000. It is reported that $1,020 was one of Bitcoin’s price highs around 2013, and BTC’s price did not return to the $1,000 level until 2017, meaning this address had experienced a roughly three to four-year "lock-in" period. Currently, the value of this batch of BTC has increased by about 60 times compared to its original value.

Early Monday in U.S. pre-market trading, Amazon (AMZN.O) shares rose as much as 5.3%, extending the frenzied rally sparked last week by its second-quarter earnings report showing accelerating revenue growth in its cloud computing business. This puts Amazon alongside Nvidia, Alphabet, Microsoft, and Apple as one of only a handful of companies with a market capitalization exceeding $3 trillion. For most of the past three months, Amazon’s shares were mired in a sell-off, as investors lost confidence in stocks of companies pledging billions of dollars in artificial intelligence investments. From its all-time high set on May 6 to the three-month low hit last month, its shares dropped nearly 18%. But those concerns eased last week after Amazon Web Services (AWS) reported its quarterly revenue growth hit its highest level since 2021. Boosted by the news, Amazon’s shares surged more than 15%, notching its largest single-day gain in over 14 years, adding nearly $400 billion to its market cap. This also helped Amazon reclaim its position as the best-performing stock among this year’s so-called "Magnificent Seven." (Jinshi)