Lookonchain APP

App Store

Analysis: Bitcoin short-term holders show extremely low activity, approaching the historical bottom zone.

2026.08.04 16:04:50

South Korean crypto analyst Crypto Dan stated that Bitcoin is currently in a very cheap price range. From a cyclical standpoint, Bitcoin has reached a level similar to historical bottoms of past cycles. While it remains uncertain whether the lowest point has been hit, indicators show market participants’ interest in the crypto market is as low as it was during previous bottoms. Given the next bull cycle expected to start around 2027, the current price range is undoubtedly a bargain. A chart released by Crypto Dan reveals that Bitcoin’s Realized Market Cap to UTXO Ratio is currently at a historical low of around 5%, matching the lows seen in prior cycle bottoms. This indicates extremely low activity among short-term holders and weak market interest, mirroring typical historical bottom regions.

Relevant content

DeepSeek Model Unification: Chat and API Services Temporarily Fully Consolidated Under V4.1 Flash

Dongcha Beating AI News Flash: DeepSeek is consolidating its models. The chat interface has merged its three original modes — "Fast", "Expert", and "Image Recognition" — into a single V4.1 Flash model that handles daily conversations, complex reasoning, and image understanding. The API segment is undergoing the same consolidation. The original V4 Flash and V4 Flash Vision Exp models have been taken offline, with their old model IDs temporarily reassigned to V4.1 Flash. Currently, only two main models remain: V4.1 Flash and V4 Pro. After 12:00 on September 14, V4 Pro will also be taken offline, with all requests routed to V4.1 Flash and billed at the Flash model’s rate. Until the V4.1 Pro model launches, DeepSeek will effectively rely on V4.1 Flash as its primary model for both chat and API services.

2 minutes ago

Binance will delist USDP on September 24.

Binance, based on recent audit results, has decided to cease trading and delist Pax Dollar (USDP) at 11:00 (GMT+8 time) on September 24, 2026.

2 minutes ago

DeepSeek V4.1 Flash officially launched: New 552B architecture, only 8B parameters activated on input

Beating AI Express News: DeepSeek officially launches V4.1 Flash. The new model has a total of 552 billion parameters, adopts a brand-new Causal-Encoder-Decoder architecture, and natively supports image understanding. It is also currently the smallest model in DeepSeek’s new architecture series. This architecture separates input and output processing: only 8 billion parameters are activated when reading input, and 16 billion parameters are activated when generating responses. DeepSeek states that this design allows the 552B large model to keep inference costs low. After new pre-training and larger-scale reinforcement learning, V4.1 Flash has outperformed V4 Pro in official benchmarks. Caching has also been significantly compressed: compared to the previous generation, V4.1 Flash cuts HBM memory demand to 1/4 and SSD storage demand to 1/8, mainly reducing costs for long contexts and repeated AI agent calls. V4.1 Flash is now available via API; users can access it by using the model name "deepseek-flash".

2 minutes ago

Hunter Biden, son of former US President Joe Biden, sought public interaction with key members of Base after launching a cryptocurrency, but was met with a "cold shoulder".

Overnight, Hunter Biden, son of former US President Joe Biden, launched the meme coin "LAPTOP". However, given Hunter Biden's well-documented history of controversies, the token failed to gain traction in the crypto market after its launch, opening high before trading lower. This morning, the official account for "LAPTOP" was suspended. Shortly after, Hunter Biden posted comments seeking engagement under tweets from Cobie and Jesse, key members of Base, but was met with a cold shoulder—neither directly replied to his comments, and their subsequent posts also did not address him by name.

2 minutes ago

Traditional trust companies are beginning to reject "crypto millionaires", with anti-money laundering (AML) and source-of-wealth checks emerging as the main hurdles.

According to a report by the Financial Times, an increasing number of high-net-worth individuals who have amassed wealth through cryptocurrencies like Bitcoin are being rejected by traditional trust firms when seeking to set up offshore trusts for tax and wealth succession arrangements. Trust institutions are mainly concerned about fiduciary liability issues such as difficulty in verifying the source of funds, potential money laundering risks, sharp fluctuations in asset prices, and loss of private keys. The report notes that some trust firms specializing in serving digital asset clients are taking on such businesses through on-chain analysis and enhanced compliance reviews. However, most mainstream fiduciary institutions remain cautious, fearing future legal and reputational liabilities stemming from the source of crypto assets or their sharp depreciation.

2 minutes ago

TSMC reports August revenue of NT$514.8 billion, a 53.3% year-on-year increase.

TSMC’s latest monthly data shows its August revenue surged sharply year-on-year, further highlighting the sustained strong boost from global AI chip demand for the leading wafer foundry. From January to August 2026, TSMC’s consolidated revenue reached approximately NT$3.38687 trillion, up 39.3% from around NT$2.432 trillion in the same period of 2025. In absolute terms, its first eight months’ revenue increased by more than NT$950 billion year-on-year, a substantial scale.

2 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano