BBX: Bitwise sells $5 million worth of HYPE in a single week, Empery sells BTC to reduce leverage

[Matt Hougan: Bitcoin May Have Reached the Bear Market Bottom] According to a Bloomberg interview, Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin's price has recently shown no significant reaction to negative news such as the Coldcard security incident, Strategy's sell-off, and the underwhelming progress of the CLARITY Act. Bitcoin is close to or has reached the bottom of this bear market.

According to Lookonchain monitoring, a certain address created a new wallet and deposited $153000 into Hyperliquid, and long 97.92 BTC with 40 times leverage, with a holding value of approximately $6.22 million and a clearing price of $6282514.

[Derek Chiang: Joining Ethlabs to Advance Ethereum Technology Implementation] ZeroDev founder Derek Chiang has joined Ethlabs, dedicated to promoting the market application and infrastructure deployment of Ethereum technology. Derek Chiang believes that blockchain technology must be transformed into practical products to unlock its value and plans to participate in Ethereum technology development at Ethlabs, collaborating with developers to integrate technology into products. Derek Chiang pointed out that light client solutions can reduce cross-chain bridge security risks, and Ethlabs aims to accelerate the adoption of technologies such as real-time proof, light clients, and rapid confirmations.

OKX has announced the addition of DappOS (DOS) to multiple services, including spot trading, officially launching on 2026-08-13 at 18:00 (UTC+8). Notes: - DOS deposits opened on August 13, 2026, at 11:00 - DOS/USDT will open for advance orders from 17:00 to 18:00 on August 13, 2026 - DOS/USDT spot trading will officially start at 18:00 on August 13, 2026, with withdrawals available from 20:00

According to Onchain Lens monitoring, a giant whale deposited 60000 HYPEs into Hyperliquid and has sold 315600 of them for $1.77 million. Two HYPE sell TWAP orders are still being executed, including 40000 units (approximately $2.1 million) with approximately 15 hours remaining. The whale transferred 1.67 million USDC to Coinbase.