News & Research

A Bitcoin OG, an early long-term holder, deposited 1,000 BTC ($108.08 million) to the decentralized exchange Hyperliquid 11 minutes ago, according to Onchain Lens. The deposit is likely intended for purchasing ETH. This follows a transaction by the same address yesterday, which swapped 4,000 BTC ($435.3 million) for 96,859 ETH.

The WLFI token from the Trump family's DeFi project, World Liberty Financial, is scheduled to list on multiple exchanges on Sept. 1. Kraken, HTX, and KuCoin have previously announced that the token would be listed today, though a specific time has not been disclosed. Separately, Binance and OKX have already listed pre-market perpetual futures for WLFI.

A wallet address associated with LD Capital's Trend Research deposited one million PENDLE ($4.8 million) and 203,000 ENS ($4.73 million) to Binance yesterday, Onchain Lens reported. The firm would face a loss of approximately $2 million if it sold the assets.

An address believed to be associated with the team behind World Liberty Financial (WLFI), a DeFi project linked to the Trump family, purchased 24,394 SOL, worth $5 million, five hours ago, EmberCN reported. The address had previously transferred 10 million USDC from the Ethereum network to the Solana network. EmberCN suggested that this is likely a preparatory step for adding liquidity on the Solana network.

The Sonic (S) community has passed a governance proposal to issue $150 million in tokens for the purpose of entering traditional U.S. capital markets. The proposal includes plans to design a $50 million ETF, create a $100 million private investment vehicle for a Nasdaq listing, and establish a U.S. entity.

The Solana community has passed governance proposal SIMD-0326 (Alpenglow) with 99.6% approval, Cointelegraph reported via its official X account. Once implemented, the proposal is expected to slash the Solana network's block confirmation time from 12.8 seconds to 150 milliseconds.

CoinMarketCap's Altcoin Season Index is currently at 54. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against that of Bitcoin. An "altcoin season" is declared when 75% of these top coins outperform Bitcoin over the preceding 90 days. A score closer to 100 indicates a stronger altcoin season.

This week’s key financial events Sept. 1 - U.S. markets are closed for Labor Day. Sept. 3 - 5:30 p.m. UTC: FOMC member Neel Kashkari speaks. - 6:00 p.m. UTC: The Federal Reserve releases its Beige Book. Sept. 4 - 12:30 p.m. UTC: U.S. Initial Jobless Claims. - 4:05 p.m. UTC: FOMC member John Williams speaks. - 11:00 p.m. UTC: Chicago Fed President Austan Goolsbee speaks. Sept. 5 - 12:30 p.m. UTC: U.S. August Non-Farm Payrolls and Unemployment Rate.

This week’s key token unlocks include: Sept. 1 - 12:00 p.m. UTC: ZETA unlocks 47.94 million tokens ($8.87 million), 2.28% of circulating supply. Sept. 2 - 12:00 a.m. UTC: SUI unlocks 44.25 million tokens ($144 million), 1.26% of circulating supply. - 12:00 a.m. UTC: BONK unlocks 504 billion tokens ($11.24 million), 0.57% of circulating supply. - 8:00 a.m. UTC: ENA unlocks 94.19 million tokens ($60.29 million), 1.42% of circulating supply. Sept. 5 - 5:00 a.m. UTC: IMX unlocks 27.31 million tokens ($13.88 million), 1.37% of circulating supply.

CME Bitcoin futures opened Sunday at 10:00 p.m. UTC at $109,545, compared with Friday’s close of $108,265, creating a gap of about $1,280. This type of gap reflects the difference between the Friday settlement price and the Sunday evening opening price. It occurs because CME futures stop trading from Friday 9:00 p.m. UTC until Sunday 10:00 p.m. UTC, while the Bitcoin spot market continues to trade 24/7. The size of the gap typically mirrors spot market volatility during this weekend pause. Traders now watch whether futures prices will retrace toward Friday’s close to fill the gap.