[Afternoon News Briefing] $4.7 Billion Worth of BTC Options Expire Today

This article is machine translated
Show original

Today, $4.7 Billion Worth of BTC Options Expire

According to the cryptocurrency options exchange Deribit, Bitcoin options worth $4.7 billion will expire at 5:47 PM Korean time on August 15. The put/call ratio is 0.90, and the max pain price is $117,000. Additionally, Ethereum options worth $1.3 billion will also expire at the same time. The put/call ratio is 1.02, and the max pain price is $4,000.

BTC and ETH Spot ETFs Experience 'Double' Net Inflows

Trader T reported that $639.74 million (890.7 billion won) was net inflows into the US ETH spot ETF on the 14th (local time). This marks the 8th consecutive day of net inflows. BlackRock's ETHA saw $510 million, and Fidelity's FETH saw $56.94 million in net inflows. Additionally, the US BTC spot ETF saw $230.55 million (320.8 billion won) in net inflows on the same day. This is the 7th consecutive day of net inflows. BlackRock's IBIT saw $520 million in net inflows, while FBTC and ARKB saw $110 million and $140 million in net outflows, respectively.

Avenir Group Holds $1 Billion Worth of IBIT Shares

According to foreign media, the Hong Kong family office Avenir Group has disclosed holding approximately 16.55 million shares of BlackRock's BTC spot ETF (IBIT), worth about $1.01 billion. This is an increase from the 14.7 million shares disclosed in May.

New Address Purchases $250 Million of ETH in Two Days

LookOnChain reported that a new wallet (starting with 0x2A92) purchased an additional 30,069 ETH ($140 million) from Kraken. This address has purchased a total of 53,434 ETH ($250 million) over the past two days.

300,000,000 USDT Transferred... From Aave to Anonymous

According to Whale Alert, 300,000,000 USDT was transferred from an Aave address to an anonymous address. This is a $300 million transaction.

Ethereum Foundation-Related Address Sells Additional 2,099 ETH

OnChain Lens reported that an Ethereum Foundation-related address sold an additional 2,099 ETH (961 million DAI). This address has sold a total of 6,194 ETH (28.36 million DAI) over the past two days.

US SEC Extends Review of Bitwise and 21Shares SOL ETF to October

Unfolded reported that the US Securities and Exchange Commission (SEC) has extended the review of Bitwise and 21Shares' SOL spot ETF until October.

Bank for International Settlements: "Apply 'Security Score' System to Blockchain Users"

DL News reported that the Bank for International Settlements (BIS) argued in a report that "blockchain users should be assigned a security score, and withdrawals should be blocked for those with low scores." The BIS explained, "While blockchain has the advantage of being uncontrollable by anyone, it is often used for money laundering. To prevent this, applying a scoring system based on security could be a good method. Assign lower scores to users involved in money laundering or using mixing protocols, and block withdrawals for users below a certain threshold."

Nakamoto and KindlyMD Merge... Focusing on BTC Reserves

The Block reported that Nakamoto, where David Bailey (Trump's Bitcoin advisor) is CEO, has merged with healthcare data company KindlyMD to establish a Bitcoin reserve company. The company name will be unified as KindlyMD. Previously, KindlyMD raised $540 million during this merger and plans to finalize the issuance of $200 million in convertible bonds.

Bit Digital Holds 120,000 ETH

Nasdaq-listed Bit Digital disclosed in its Q2 earnings report that it holds a total of 121,076 ETH. Of this, 105,015 ETH is being staked, with earnings of 166.8 ETH.

Nasdaq-Listed BTCS Holds $320 Million ETH as Reserve Asset

The Block reported that Nasdaq-listed BTCS (Blockchain Technology Consensus Solutions), which has adopted Ethereum as a strategic reserve asset, disclosed holding 70,140 ETH ($320 million) in its Q2 earnings report.

DeFi Technologies Reports Q2 Net Profit of $17.4 Million

DeFi Technologies, the parent company of Swiss cryptocurrency ETP provider Valour, announced a net profit of $17.4 million in its Q2 earnings report. Assets under management were calculated at $780 million.

American Bitcoin Purchases 17,000 Mining Machines

Cointelegraph reported that American Bitcoin (ABTC), a Bitcoin mining company supported by Donald Trump's two sons, purchased 16,299 Bitmain Antminer mining machines. This is worth approximately $314 million.

Sonic Labs Founder Pursues On-Chain Trading Platform Development

Andre Cronje, co-founder of Sonic Labs (formerly Phantom), announced via X that he is raising capital for an on-chain trading platform called Flying Tulip. He stated that the investment funds will not be used directly but will be used to stabilize initial services, marketing, launchpad incentives, and token liquidity provision.

Bowmore to Issue Limited Edition Tokenized Whiskey on Avalanche

Crowdfund Insider reported that whiskey manufacturer Bowmore will issue a limited edition tokenized whiskey on the Avalanche (AVAX) blockchain. This limited edition whiskey will be sold for $5,500 per bottle and will be linked to a Non-Fungible Token.

Coin One CEO Cha Myung-hoon Resigns... Transition to Lee Sung-hyun's Sole Leadership

Digital Asset reported that Coin One founder Cha Myung-hoon will step down after 11 years. Coin One will transition to a sole leadership under CEO Lee Sung-hyun, with Cha remaining as the largest shareholder and board chairman to focus on medium to long-term vision. The official resignation will occur after the board resolution on August 18.

Hyperliquid's Whale Trio Loses Everything, Ending in 'Liquidation'

According to MBC CN, three famous whales active on HyperLiquid have all recorded losses. It was reported that "James Win generated $87 million in revenue by the end of May, but subsequently lost not only his profits but also his principal of $21.77 million. At that time, he had opened a BTC long position worth $1.23 billion. Additionally, the insider whale known as Qwatio started with $3 million and grew to $26 million, but also lost all of his principal. The last one, AguilaTrades, has been liquidated since yesterday and now has only $30,000 left".

Crypto 'Fear and Greed Index' at 60... Down 15 points from the previous day

The 'Fear and Greed Index' from crypto data provider Alternative dropped 15 points to 60. Although the number decreased, it remained in the greed stage. The index indicates extreme market fear when closer to 0, and extreme optimism when closer to 100. The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), BTC market cap proportion (10%), and Google search volume (10%).

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments