A giant whale transferred 1770 BTC and incurred a loss of $19.8 million

[Bitcoin Short Whale Reduces Position Three Times in a Week to Stop Loss, Current Position Shows $456,000 Unrealized Profit] According to monitoring by Ai Yi, a Bitcoin short whale whose nominal position once reached $114 million has incurred approximately $978,000 in realized losses and reduced their position three times to stop loss over the past week. Last night at 8:30 PM, the address reduced its position by 650 BTC, corresponding to a loss of about $167,000. Subsequently, at 11:00 PM, it added 269.35 BTC, bringing the current position to approximately $89.79 million, corresponding to 1,412 BTC, with an unrealized profit of about $456,000.

PeckShield monitoring shows that Specter was attacked, resulting in the theft of $25.6 million in encrypted assets, including $6.3 million in aWBTC, $5.1 million in DAI, $4.7 million in WBTC, and $2.6 million in ETH. Hackers have exchanged the funds for $20 million in DAI and 3000 ETH, which have been dispersed to four addresses. （PeckShieldAlert）

[Institutional Investors Sell $21.6 Billion in Nasdaq Futures in a Single Week, Turning Net Short] According to The Kobeissi Letter, Goldman Sachs data shows that as of the week ending August 4, institutional investors collectively sold $21.6 billion in Nasdaq futures, marking the largest single-week sell-off in history. Among these, short-selling accounted for 72% of the total sales, with hedge funds selling $11.9 billion and asset management firms selling $7.4 billion. Institutional investors' total position in Nasdaq futures dropped to -$5 billion, turning negative for the first time since May 2025, whereas in October 2025, this figure had reached $54 billion.

Andre Cronje stated in an interview that DeFi no longer exists outside of niche fields. （Cointelegraph）

According to on chain analyst Ai Yi's monitoring, the address bc1pz... t6vwr has transferred a total of 2300 BTC worth $142 million to Wintermute since June 25th, with an average recharge price of $61813. The latest transfer of 800 BTC worth $50.72 million was made 6 hours ago, with funding from Paxos.