Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

HODL15Capital data shows that Bitcoin sell orders around the $80,000 price level are primarily from the Binance trading platform. Specifically, Binance holds approximately $31.98 million in sell orders near $79,945, $13.2 million near $80,000, and $33.27 million near $82,500. Coinbase, meanwhile, has around $38.74 million in sell orders near $80,000. HODL15Capital notes that some of these sell orders have been pending for a long time: for example, Binance’s sell order near $80,000 has existed for about 99 days, while its sell order near $82,500 has been pending for roughly 108 days. As such, the firm believes the current sell wall may not be as strong as it appears. It will be necessary to wait for BTC to trade closer to $80,000 to confirm whether these pending orders are actually intended for sale, or if sellers will move their sell orders higher.

The U.S. economic growth momentum is accelerating. The S&P Global U.S. Composite PMI Index rose 1.5 points in August to 56.0, marking its highest level since April 2022 and the third consecutive month of expansion. Meanwhile, the Services PMI Index climbed 2.2 points to 56.8, also hitting a high not seen since March 2022. The Manufacturing PMI Index, by contrast, fell 0.7 points to 53.9, its lowest reading in the past five months, though it still remains in expansion territory. U.S. corporate hiring, led by the services sector, added jobs at the fastest pace since January 2025. These data indicate that the U.S. GDP annual growth rate will reach +3.0% in the third quarter of 2026, up from +1.5% in the second quarter. Artificial intelligence is driving a historic growth wave.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale engaged in leveraged cyclic long positions on ETH and BTC has once again taken profit on $7.24 million worth of ETH. Four hours ago, the whale transferred 3,000 ETH to Binance. Its average purchase price for these ETH was $1,776.83, while the average selling price was $2,413.4, translating to a $1.91 million profit from this transaction. Since August 19, this whale has deposited a cumulative 13,887.15 ETH into centralized exchanges (CEXs), with total profits amounting to $6.727 million.

Crypto analyst Ali Charts stated in a post that two bear market end phases in Bitcoin’s history share a common trait: a strong weekly reversal candlestick that emerges unexpectedly for most market participants, acting as a trend reversal signal. Such rallies typically start with a short squeeze. As prices rise, bearish traders keep adding short positions; as the rally accelerates, these short positions get forced liquidated, further driving prices higher. Data shows Bitcoin posted a 31.98% weekly gain in 2019, a move that helped confirm the end of the bear market and the start of a new uptrend. In January 2023, amid extreme bearish sentiment following the FTX collapse, Bitcoin rallied 24.90% in a single week, defying widespread bearish expectations. A similar move may be unfolding in the current market. Many investors previously predicted Bitcoin would bottom in October based on the four-year cycle theory, but the cryptocurrency has surged from $62,700 to $79,500, notching a 26.81% weekly gain. He believes that if historical patterns repeat, this strong weekly reversal could serve as an early signal that Bitcoin is entering a new uptrend cycle.

According to CertiK’s monitoring, Term Labs has fallen victim to a governance attack, leading to an estimated $8.5 million in asset losses. The attacker’s address currently holds 2,843 ETH (valued at approximately $7.1 million) and around 1.6 million DAI. Term Labs stated that it has identified a governance vulnerability incident affecting its Term Vaults and is conducting further investigations.

Alibaba announced today that it will place new shares with non-U.S. investors outside the United States, with a total placement value of HK$80 billion. The round of placement has been oversubscribed, with strong demand from high-quality long-term bullish investors including sovereign wealth funds, according to Science and Technology Innovation Board Daily.