Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

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.

Whale 0x2684 bought another 7,919.5 $ETH($14.89M) today. Since June 30, the whale has bought 74,265 $ETH($131.5M) at an average price of $1,771 and 1,050 $WBTC($67.49M) at an average price of $64,277.

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.