Bitcoin (BTC) — Onchain News & Whale Tracking

Bitcoin Dominance Drops to 59.12%, Declining Over 7% in the Past Month

On August 13th, according to HTX market data, the market dominance of Bitcoin has decreased to 59.12%, reaching a new low since February, with a decline of more than 7% in the past month.

H100Group Raises Approximately $6.84 Million Again for Its Bitcoin Treasury Strategy

On August 13th, the Swedish listed company H100 Group completed a private placement, obtaining approximately 65.3 million Swedish Krona (equivalent to 6.84 million USD). The offering price was 7.94 Swedish Krona per share. Since initiating its Bitcoin Treasury strategy, the company has raised a total of around 1.181 billion Swedish Krona (124 million USD).

Analyst: Bitcoin Futures Leverage Surges in August, Market Volatility and Liquidation Risk Rise

On August 13th, CryptoQuant analyst Axel Adler Jr. posted that in August 2025, the Bitcoin Futures Estimated Leverage Ratio (ELR) showed a 30-day change reaching the highest level in the past five years, surpassing the critical value of +0.4. Previously, this threshold has usually occurred at peak periods with high leverage and increased market fragility. This indicates that near historical price highs, there is a significant and rapid inflow of leveraged positions in the futures market, which potentially leads to increased market volatility and a heightened risk of severe liquidation events.

Bitcoin Drops Below $19,000

On August 13th, based on HTX market data, Bitcoin dropped below $119,000, showing a 24-hour change of 0.17%.

Wang Feng: Cryptographic Assets Such as Bitcoin and Ethereum Will Become Anchors for Fundraising by Funds and Institutions

On August 13th, Wang Feng, the founder of LightHash, mentioned in a post that cryptocurrency is having a profound impact on the financial industry, encompassing banks, asset management companies, and VCs. It is not merely about retail investors holding assets such as Ethereum; rather, it is about a structural consensus taking shape in the financial market. Bitcoin, Ethereum, Solana, and perhaps even XRP are likely to become the anchor assets for many funds and institutional fundraising. Traditional fund managers and General Partners (GPs) are currently altering their viewpoints, and it is still not too late to actively engage.

Bitcoin Dominance Drops Below 60%, Altcoin Market Cap Rises by 16.18% in the Past Week

On August 13th, based on market data, the dominance of Bitcoin (BTC.D) has decreased by 3.98% over the past week and currently stands at 59.32%. During the same period, the total cryptocurrency market capitalization has increased by 9.08% over the past week. The total market capitalization excluding Bitcoin (TOTAL 2) has risen by 16.18%, and the total market capitalization excluding Bitcoin and Ethereum (TOTAL 3) has increased by 10.52%.

Yesterday's net inflow into the US Bitcoin Spot ETF was $65.9 million

On August 13th, according to Farside's monitoring, the net inflow into the US Bitcoin spot ETF yesterday was $65.9 million.

Cathie Wood: Expects Bitcoin Price to Exceed $1 Million Within 5 Years

On August 13th, Cathie Wood, the CEO of Ark Invest, stated in an interview with CoinDesk: "ARK's bullish forecast for Bitcoin still firmly anticipates it to exceed $1 million within five years. I believe that the more prominent driving force currently is its transformation into the entry point for institutions into digital assets and its role as a substitute for gold as a store of value, and our stance on this has remained unchanged entirely." ARK had predicted that Ethereum would evolve into an institutional protocol, and this prediction is now coming to fruition: Both Coinbase and Robinhood's L2 solutions are built upon Ethereum; the growth of stablecoins is primarily centered around the Ethereum network; in contrast to Bitcoin, Ethereum's treasury companies offer utility and staking functions; despite Ethereum having higher transaction costs and slower speeds, it provides a higher level of decentralization and security. The ARK ETF will hold a significant position in ETH and has al

Norway's Sovereign Wealth Fund NBIM Increases Indirect Bitcoin Exposure, Current Exposure Reaches 7,161 BTC

On August 13th, based on K33 Research data, Norway's sovereign wealth fund NBIM, which has a total of $1.7 trillion in assets under management, raised its indirect Bitcoin exposure from 3,821 BTC at the end of 2024 to 7,161 BTC in 2025, representing a 192% increase. (Cointelegraph)

Analysis: Ethereum faces a key resistance at $4700, while Bitcoin encounters a significant resistance at $127,000

August 13th, based on the indicator of the +1 standard deviation level of the realized price (which usually indicates the start of increasing selling pressure), glassnode drew a conclusion about the current Ethereum trend. The $4700 price point has become a key resistance level that needs to be monitored. A decisive breakthrough at this level may indicate the beginning of a more speculative phase, but if the sentiment changes, it will also increase the risk of a sharp reversal. This level holds historical importance. It served as a ceiling during the rebound in March 2024 and has acted as resistance multiple times during the 2020-21 bull market cycle. In the past, when Ethereum broke through this range, it was usually accompanied by high investor enthusiasm and a fragile market structure. For Bitcoin, glassnode uses the Short-Term Holder (STH) cost basis, which represents the average acquisition price of new market participants. This cost basis has historically marked the boundary be

Data: Bitcoin Miners' Sell-off Exceeds 2000 BTC in the Past 3 Days

On August 13th, according to the data of CryptoQuant, Bitcoin miners have sold more than 2000 bitcoins in the past 3 days.

Kazakhstan Launches Central Asia's First Bitcoin Spot ETF

August 13th - As per CoinDesk, the asset management company Fonte Capital in Kazakhstan launched the first Bitcoin Exchange-Traded Fund (ETF) in the Central Asia region on August 13th on the Astana International Exchange (AIX). The fund, which is traded under the ticker BETF, has its price quoted in US dollars. Each fund unit is supported by physical Bitcoin and is held by the US-licensed custody provider BitGo. It is insured for up to $250 million. BitGo employs measures such as offline cold storage and secure vaulting to guarantee the security of assets.

In the past 1 hour, Ethereum's liquidation volume reached $108 million, while Bitcoin's liquidation volume was only $9.09 million.

August 13th, according to Coinglass data, within the past 1 hour, the liquidation amount of Ethereum reached $108 million. During the same period, the liquidation amount of Bitcoin was only $9.0968 million. In the past 1 hour, the total network liquidation amount was $139 million, with long liquidations at $6.4965 million and short liquidations at $133 million. In the last 24 hours, a total of 132,703 people worldwide were liquidated, with a total liquidation amount of $502 million. The largest single liquidation took place on OKX - ETH-USDT-SWAP, amounting to $6.8472 million.

Bitcoin Surpasses $120,000

On August 13th, according to HTX market data, Bitcoin exceeded $120,000, and the 24-hour decline narrowed to 0.2%.

Mining Firm Bitfarms Releases Q2 Financial Report: Total Revenue $78 Million, Holds 1,402 Bitcoins

August 12th. The U.S.-listed Bitcoin mining firm Bitfarms presented its second-quarter financial performance report covering the period ending June 30th, 2025. The report revealed that the company has set up a second primary executive office in New York City and launched a stock repurchase program. During the second quarter, the company sold 1,052 bitcoins at an average price of $95,500, resulting in a total revenue of $100 million. The company's total revenue was $78 million, indicating an 87% year-on-year growth. As of August 11th, 2025, the company held 1,402 bitcoins.

Bitcoin Short-Term Holders Accumulate Over 220,000 BTC Since June 21

On August 12th, according to Glassnode data, starting from June 21st, short-term holders (investors who have held Bitcoin for less than 155 days) have increased their holdings by more than 220,000 BTC (+9.9%). Although this growth is significant, it is still relatively moderate when compared to the period from January to March of this year. During that time, the supply held by short-term holders witnessed a surge of 540,000 BTC (+25%) in one of the most intense rotations within this cycle.

Analysis: Bitcoin's uptrend may be nearing an early end, with the price target potentially falling to $95,000

August 12th. As per Cointelegraph, the upward trajectory of Bitcoin is at risk of coming to an early end. The market is showing a target price expectation below $100,000. The latest market analysis released by traders like ZAYK Charts on Tuesday cautioned that Bitcoin is currently in a continuous "Distribution Phase." ZAYK Charts thinks that Bitcoin may drop to $95,000, a level that has not been reached since early May. BTC previously went through the classic "Mark-Up" phase from a long-term low rebound and has now entered the "Distribution" phase, which is typically a reversal zone of an uptrend. Since last November, the $92,000 to $95,000 range has had a significant impact on Bitcoin's price movement, serving as both support and resistance levels during intense market volatility. Trader Mikybull Crypto characterized this week's Bitcoin breakthrough above $122,000 followed by a pullback as "ugly." He stated that BTC has re-entered its previous range-bound action, with altcoins bein

Analyst: Bitcoin's upward momentum has started to slow down, cautioning the emergence of a potential double top pattern

On August 12th, Coindesk analyst Omkar Godbole stated that the upward momentum of Bitcoin has decelerated, raising the likelihood of a bearish technical pattern called a double top. When looking at the daily chart, the bulls on Monday were unable to maintain a breakthrough above the key Fibonacci level of $122,056. This pattern closely resembles the situation on July 14th. Two instances of failing to hold above a key price point with short pullbacks in between are typical features of a "double top" formation. The neck line of this formation is the lowest point reached during the brief pullback at $111,982, which is a crucial support level to monitor. If the price decisively drops below this neck line level, it will confirm the breakdown of the double top formation, potentially triggering selling pressure down to $100,000. The resistance levels are $120,000, $122,056, and $123,181. The support levels are $114,295, $111,982, and $100,000. As the market enters the period of today's CPI

Matrixport: Bitcoin Breaking Out of Triangle Pattern, Funds Continuously Flowing into Crypto Market

August 12th. Matrixport released today's market analysis, which stated, "Bitcoin is testing the upper boundary of a triangle consolidation range. During the Asian session, the price briefly surged but encountered selling pressure during the European and American sessions, resulting in a partial pullback of gains. If the price remains above $116,817, the breakout remains valid, and there is still potential for further upside in the short term." In the context of the current seasonally weak period, the price is likely to rise steadily rather than sharply. If the CPI exceeds expectations, it may temporarily shake market confidence in the Federal Reserve's two interest rate cuts this year. However, we still maintain that this expectation is in line with the long-term trend. Funds continue to flow into the crypto market through various channels, and long-term investors may enjoy rewards this year.

H100 Group Appoints Brian Brookshire as Bitcoin Strategy Lead

August 12: The publicly listed company H100 Group in Sweden has named Brian Brookshire as the Director of Bitcoin Strategy. Brian Brookshire will collaborate closely with CEO Sander Andersen and COO Johannes Wiik. His main focus will be on further formulating the company's Bitcoin strategy, expediting the accumulation process, and enhancing communication and investor relations.

Metaplanet Invests $61.4 Million to Increase its Bitcoin Holdings to 518 BTC

On August 12th, according to official channels, Metaplanet announced an investment of $61.4 million with the aim of increasing its BTC holdings by 518 coins.

Bitcoin Surges Above $119,000

On August 12th, according to HTX market data, Bitcoin rebounded and exceeded $119,000. The 24-hour decline was narrowed to 0.12%.

The US Seizes $1 Million in Bitcoin from Russian Ransomware Group Along with Associated Servers

On August 12th, US and international law enforcement agencies seized 4 servers, 9 domain names, and approximately $1 million worth of bitcoin that was related to a notorious Russian ransomware group which was accused of attacking hundreds of organizations across key sectors. The US Department of Justice stated that the operation took place on July 24th and was jointly carried out by agencies from the US, Canada, Germany, Ireland, France, the UK, Ukraine, Lithuania, and other countries. The operation targeted the infrastructure related to the BlackSuit and Royal ransomware. Investigators believe that these two ransomware variants were developed by the same cybercriminal group. Authorities said that since 2022, the group has extorted over $500 million in ransom payments. The largest single ransom reached $60 million. It is alleged that during this time, they targeted over 450 victims in the US, including hospitals, schools, police departments, energy companies, and government agencies,

Wisconsin Plans to Introduce New Legislation, Bitcoin ATMs May Face Mandatory KYC and $1000 Transaction Limit

On August 12th, in accordance with Bitcoin Laws, the Wisconsin State Senate in the United States put forward a new bill named SB 386. This bill aims to mandate that all Bitcoin ATMs must fully carry out Know Your Customer (KYC) procedures. During transactions, identity information must be provided. There is a per-transaction limit of $1,000, and additional personal information needs to be collected for regulatory purposes.

Trump Media & Technology Group Submits Amended Version of Bitcoin Spot ETF S-1 Filing

On August 11th, according to a report by businessinsider, Trump Media and Technology Group Corp. under Trump, Inc. (stock code: DJT) announced today that it has submitted the first amended S-1 registration statement for the Truth Social Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC). This ETF will directly hold Bitcoin with the aim of tracking the price performance of Bitcoin, and its shares are expected to be listed on the NYSE Arca exchange. The following are other details: · Custody and Liquidity Support: Crypto.com, a cryptocurrency exchange platform, will act as the exclusive Bitcoin custodian, primary executing broker, and liquidity provider. · Sponsor: Yorkville U.S. Digital Corp. will serve as the ETF sponsor. · Approval Process: The launch of the ETF is subject to the SEC declaring the registration statement effective and approving the Form 19b-4 application.

Strategy increased its Bitcoin holdings by 155 coins last week

August 11: Based on official information, Strategy acquired 155 bitcoins from August 4 to August 10 with an average price of $116,401 per BTC, amounting to $18 million in total. As of August 10, 2025, Strategy holds a cumulative total of 628,946 BTC, with an approximate value of $46.09 billion. The average cost per coin is approximately $73,288.

Cang Valley Group Acquires 50MW Bitcoin Mining Facility in Georgia, Officially Entering the Bitcoin Mining and Energy Infrastructure Sector

On August 11th, CanGu Group (NYSE: CANG) announced today that it has successfully acquired a fully functional 50-megawatt mine located in Georgia, USA. The total cash consideration for this acquisition is $19.5 million. This acquisition represents a significant step in the company's diversification strategy, with the aim of managing a robust portfolio that encompasses Bitcoin mining and energy infrastructure. This transaction serves as the first step in Cango's continuous expansion of its proprietary and operational mine portfolio. By selectively obtaining low-cost power operation assets, Cango intends to enhance operational efficiency, strengthen cost management, and achieve long-term financial stability, thereby laying the foundation for a more advanced energy strategy in the future. The mine previously offered mining machine hosting services to Cango through a third-party hosting agreement. Following this acquisition, Cango will allocate 30 megawatts for its own mine operation and

Publicly traded company Sequans increases its Bitcoin holdings by acquiring 13 more BTC, bringing its total holdings to 3,171 BTC

On August 11, the U.S.-listed company Sequans (SQNS) announced today that it has acquired 13 bitcoins with an average price of approximately $117,000. As of August 8, 2025, the company holds a total of 3,171 bitcoins. The cumulative net investment is approximately $370 million, and the average purchase price is $116,700.

Two Ivy League Universities Hold Bitcoin Worth Nearly $130 Million

On August 11th, as per a 13F filing made public by the U.S. SEC, two out of the eight Ivy League schools, namely Harvard University and Brown University, have taken positions in Bitcoin assets. Specifically: Harvard University holds $116.6 million worth of the Valkyrie Bitcoin ETF (IBIT), and it ranks fifth on its asset list. Brown University holds $13 million worth of the Valkyrie Bitcoin ETF (IBIT), and it ranks third on its asset list.

BiyaPay Analyst: Bitcoin and Ethereum Approach Yearly Highs, Boosting US Stock Market "BitStock" Concept Stocks in Overnight Trading

August 11th. According to BiyaPay analysts, during the after-hours trading of the US stock market on August 11th, the "Coin Stock" concept stocks witnessed a continuous surge. Multiple cryptocurrency-related concept stocks exhibited strong performance. Ethereum-related stocks: SharpLink Gaming increased by more than 15%, BitMine rose by more than 20%, BTCS went up by more than 10%, and GameSquare rose by more than 12%; BNB-related stocks: Nano Labs rose by more than 20%, and BNC rose by more than 4%; XRP-related stocks: VivoPower rose by more than 16%; DOGE-related stocks: Bit Origin rose by nearly 15%. BiyaPay analysts pointed out that this series of gains was attributed to the continuous bullish factors in the cryptocurrency market. Especially, the performance of Bitcoin and Ethereum approaching yearly highs attracted a large number of investors' attention and further boosted the prices of cryptocurrency-related stocks. In such a market environment, the BiyaPay platform offers user

Last week, the Bitcoin financial company collectively increased its holdings by approximately 5,000 BTC.

On August 11th, according to NLNico, from August 4th to 10th, the Bitcoin Treasury company issued a total of 53 announcements. These announcements involved approximately 5,000 BTC. Here are the details: - 6 new Bitcoin Treasuries were added, with a total of 1,039.79 BTC. - There were 8 upcoming Treasury announcements, with a value of around $145 million. - 24 companies added holdings of 3,923 BTC. - 7 companies planned to increase their Bitcoin holdings, with amounts in the millions of dollars. - In addition, there were 8 other disclosures related to the Treasury.

Tether CEO: Bitcoin is Certainty

On August 11th, Paolo Ardoino, the CEO of Tether, stated that Bitcoin is all about determinism. According to Arkham data, Tether currently holds a total of 77,901 bitcoins, which are worth approximately $9.47 billion. Earlier on July 31st, Tether's financial report showed that the total holding of US Treasury bonds amounted to $127 billion. There were $105.5 billion held directly and $21.3 billion held indirectly. This was an increase of about $8 billion from the first quarter. The company achieved a net profit of $4.9 billion in the second quarter. In the first half of 2025, the total profit was $5.7 billion, including $3.1 billion in recurring profits.

If Bitcoin breaks its all-time high, the mainstream CEX cumulative short liquidation intensity will reach 793 million.

On August 11th, according to Coinglass data, in the event that Bitcoin surpasses its all-time high, the cumulative short liquidation intensity on mainstream CEXs will amount to 793 million. On the other hand, if Bitcoin drops below $120,000, the cumulative long liquidation intensity on mainstream CEXs will reach 1.084 billion. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, which is referred to as intensity. Consequently, the liquidation chart indicates the extent to which reaching a particular price level will have an impact. A higher "liquidation bar" suggests that the price will encounter a more intense reaction due to a liquidity cascade when it reaches that level.

Capital B increased its Bitcoin holdings by 126 coins, bringing the total holding to 2201 coins.

On August 11th, according to an official announcement, the French listed company Capital B (formerly known as The Blockchain Group) increased its holdings by 126 bitcoins, and its total holding reached 2201 coins.

Analyst: Bitcoin Options Market Shows Bullish Sentiment at Near-Monthly High

On August 11th, the CryptoQuant analyst Axel Adler Jr. put out that the bullish sentiment in the Bitcoin options market has gone up to the highest level in the past month.

Strategy's First Bitcoin Purchase Anniversary: Market Value Surges Over 78x

On August 11th, Strategy (formerly MicroStrategy) made its inaugural Bitcoin purchase. Specifically, on August 11, 2020, Strategy spent $250 million to acquire 21,454 Bitcoins, with an average price of approximately $11,652. This signified MicroStrategy's initial step of holding Bitcoin as part of its reserve assets, making it the first publicly traded company with a Bitcoin treasury reserve strategy. In 2020, on August 11th, MicroStrategy had a market capitalization of approximately $1.436 billion. Currently, the market capitalization of Strategy (MSTR) is $112.04 billion, representing a more than 78-fold increase. Strategy (MSTR) currently holds 628,791 BTC, which is valued at $76.704 billion. The average holding price is $73,207.87, and the unrealized gain is approximately $30.6 billion.

The US convenience store chain Sheetz has announced that it will accept Bitcoin and other cryptocurrencies as payment

On August 11th, according to Deepnewz, the U.S. convenience store chain brand Sheetz announced that it will commence accepting Bitcoin and other cryptocurrencies as a form of payment. Additionally, it will provide a 50% discount to customers who make purchases using cryptocurrency on a daily basis. Sheetz is a chain brand with a valuation of $6.2 billion and has 700 stores spread across the United States. Previously, on May 16th, the chain fast-food brand Steak 'n Shake started accepting Bitcoin payments at all its U.S. stores. Its Chief Operating Officer stated that after implementing Bitcoin payments, same-store sales in the second quarter witnessed an increase of 10.7%, and Bitcoin has become a "game changer."

Bitcoin Market Cap Surpasses Amazon, Rises to 6th in Global Asset Market Cap Ranking

On August 11th, based on 8market data, Bitcoin's market capitalization exceeded that of Amazon and reached $2.45 trillion, rising to the 6th position in the global asset market capitalization rankings.

Bitcoin Breaks $122,000, Only About 1% Away from New All-Time High

On August 11th, based on HTX market data, Bitcoin has exceeded $122,000, with a 24-hour price increase of 3.75%. Currently, it is only approximately 1% away from reaching the historical high of $123,250 on July 14th.

Bitcoin Surpasses $121,000

On August 11th, according to HTX market data, Bitcoin surpassed $121,000 and witnessed a 24-hour growth of 3.9%.

Bitcoin Surpasses $120,000

On August 11th, based on HTX market data, Bitcoin has exceeded $120,000, and the 24-hour percentage change is 3.31%.

Michael Saylor: When banks start recommending Bitcoin, Bitcoin will surge to $10 million

On August 11th, according to a report from Cointelegraph, Michael Saylor, the founder of Strategy, stated, "When banks begin to recommend Bitcoin, the price of each Bitcoin will reach $10 million."

Crypto Executive: At least one Bitcoin user is kidnapped every week, and the frequency of attacks increases during bull markets.

On August 11th, as reported by Cointelegraph, Alena Vranova, the founder of SatoshiLabs, cautioned that the incidents of wrench attacks, physical attacks, and kidnappings targeting Bitcoin and cryptocurrency holders are on the rise. "Each week, at least one Bitcoin holder in the world is kidnapped, tortured, and extorted; sometimes, there are even more severe consequences." Alena Vranova stated that even small cryptocurrency investors could fall victim to violent criminals. "It may seem like a problem only for Bitcoin OG investors, but that is not the case. We have witnessed cases where someone was kidnapped for cryptocurrency worth $6,000; we have also seen someone being murdered for cryptocurrency worth $50,000. Currently, the identities of more than 80 million Bitcoin holders and cryptocurrency users have been leaked online, with 2.2 million of them including home addresses." She further added that these attacks are correlated with the Bitcoin price, and the frequency of attacks in

Bitcoin Dominance Falls to 60.5%, Altcoin Market Cap Rises by 15.44% in the Past Week

On August 11th, based on market data, the Bitcoin dominance (BTC.D) has witnessed a 3.22% decrease over the past week and currently stands at 60.5%. During the same time frame, the total crypto market capitalization has seen a 9.51% increase in the past week. The total market capitalization excluding Bitcoin (TOTAL 2) has risen by 15.44%, and the total market capitalization excluding Bitcoin and Ethereum (TOTAL 3) has climbed by 11.11%.

Bitcoin Surges to Reach $119,000

On August 10th, based on HTX market data, Bitcoin rose to $119,000, with a 1.72% increase in the past 24 hours.

If Bitcoin surpasses $120,000, the mainstream CEX cumulative short liquidation intensity will reach 359 million.

On August 10th, according to Coinglass data, in the event that Bitcoin surges past $120,000, the cumulative short liquidation intensity on mainstream CEXes will amount to 359 million. Conversely, if Bitcoin drops below $117,000, the cumulative long liquidation intensity on mainstream CEXes will reach 274 million. BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart showcases to what degree reaching a certain price level will be impacted. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

Michael Saylor has released Bitcoin Tracker information, hinting at a possible BTC accumulation strategy.

On August 10th, the founder of Strategy, Michael Saylor, once again shared information related to the Bitcoin Tracker and stated, "If you continuously purchase Bitcoin, you will continuously make money." According to the previous pattern, Strategy always discloses information about Bitcoin purchases on the day after the relevant news is released.

This week, the United States Bitcoin Exchange-Traded Fund (ETF) saw a total net inflow of $2.532 billion

On August 10th, based on Farside's monitoring data, the cumulative net inflows of this week's US Bitcoin spot ETF amounted to $2.532 billion.

Michael Saylor: Bitcoin Will Outperform the S&P 500 Index in the "Foreseeable Future"

On August 10th, as reported by Cointelegraph, Michael Saylor, the CEO of MicroStrategy, stated, "I believe that the entire cryptoeconomy is undergoing an innovation boom. From a marginal effect perspective, this is beneficial to everyone in the digital asset space. I still maintain that the vast majority of the funds flowing into this space are flowing into Bitcoin." Saylor also pointed out that in the past six months, the number of companies holding Bitcoin has increased from approximately 60 to 160. "Therefore, I am still highly focused on Bitcoin." Saylor predicted that Bitcoin will outperform the S&P 500 index in the "foreseeable future." He further added, "I think Bitcoin is digital capital."

If Bitcoin surpasses $120,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.154 billion.

On August 10th, according to Coinglass data, in the event that Bitcoin surges above $120,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.154 billion. Conversely, if Bitcoin drops below $116,000, the cumulative long liquidation intensity on mainstream CEXs will be $950 million. BlockBeats Note: The liquidation chart does not disclose the precise number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually signify the relative significance of each liquidation cluster in relation to neighboring clusters, that is, the intensity. Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be impacted when it attains a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a surge in liquidity once it reaches that level.