According to Hypeflows data, based on the size of open contracts, Hyperliquid currently accounts for 10.2% of the global perpetual contract market (including all centralized trading platforms such as Binance, Bybit, OKX, etc.), which is slightly lower than the 10.4% share record set at the end of July. According to HTX market data, HYPE now reported $77.79, a 24-hour increase of 2.25%.
Comparing the news, crypto analyst Darkfost wrote that the cumulative increase of Bitcoin over the past 3 days was over 23%. As prices rose rapidly, the market began to show signs of a profit settlement. About 53,000 BTC flowed into major trading platforms, of which about 17,800 BTC were transferred to Binance. Notably, all of the 1.78 million BTC flowing into Binance came from short-term holders, particularly investors who held positions for less than a day. In contrast, long-term holders who have held BTC for more than 6 months have not transferred any BTC to Binance. This means that this round of capital inflows is mainly driven by short-term speculative capital, rather than structured sell-offs from long-term holders. According to the data, this is the largest BTC flow into Binance since February 2026. In February of this year, short-term holders experienced a clear round of market capitulation. Currently, short-term capital is once again entering and leaving trading platforms on a large scale, reflecting a marked increase in speculative trading activity, and these brief and sudden capital flows are also driving the volatility of the crypto market to rise again. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)
In comparison, according to monitoring by on-chain analyst Ai Ai (@ai_9684xtpa), the Binance contract real trading account Qiujin topped the 24-hour, 7-day/30-day loss list on the platform. It previously held 250 short BTC orders and opened positions at an average price of $63,592. It closed its position at 8:15 a.m. at an average price of $77,758.91, and ended up losing $3.46 million.
According to Coinglass data, Binance had a net outflow of 280 million USDT in the past 24 hours.
Comparative news, according to Coinglass data, ETH's entire network contract holdings have increased 7% in the past 24 hours, and the current total holdings are US$33.084 billion. Among them, Binance's holdings are $9.15 billion, OKX's holdings are $1,696 billion, Bybit's holdings are $2,253 billion, and Gate's holdings are $2,718 billion.
Comparing the news, with Bitcoin's recent 3-day rise of 20%, investors are speeding up the pace of returning to the native crypto family. According to the data, contract trading volume on the Binance platform soared by more than 600% in 3 days, indicating that investors may be stepping up the deployment of secondary market crypto projects. Standard Chartered Bank gave several initial ratings to various crypto market targets in the second half of this year, and the pull effect was evident after most of the ratings. Along with the strengthening of the market, there is a positive feedback effect on the tokenomics of most projects, and related projects may benefit from the recovery of cryptography and increase in market capitalization. The rating items and target prices are summarized as follows: On June 16, Standard Chartered Bank's research report covered Uniswap for the first time and predicted that its UNI token could rise 40 times to $100 by the end of 2030; On June 23, Geoff Kendrick, head of digital asset research at Standard Chartered, predicted that AAVE may rise to $3,500 by the end of 2030, which is about 50 times higher than the level of about $70 when the research report was published. On July 1, Standard Chartered Bank rated Morpho for the first time, and the project's token price is expected to rise 33 times to $60 by the end of 2030; On August 10, Standard Chartered Bank's research report covered Chainlink for the first time and predicted that its LINK token could rise 25 times to $200 by the end of 2030 from around $8 currently. It is worth pointing out that yesterday, Standard Chartered Bank analyst Geoff Kendrick said that Bitcoin may rise to $100,000 by the end of 2026, and its current key technical level is $65,500. If it breaks through this level, it may confirm that a low point in the current cycle has occurred. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)
According to TradingBeats (formerly Hyperinsight) monitoring, Binance transferred 500 million USDT to Tether Treasury 6 minutes ago. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)
Comparing news, PUMP has continued to rebound since hitting a low of $0.001 at the end of June. It has risen about 19% in the past 24 hours and is close to $0.004, up 36% on the 7th, 98% on the 30th, and about 116% on the 90th. The crypto market has picked up in the past two days. Bitcoin once surpassed 79,000 US dollars. Some meme coins, such as PEOPLE, NEIRO, and BOME, are on the Binance rise list, which is in line with the common rhythm of market recovery and memes taking the lead. However, PUMP's rise was significantly earlier than the current market round, starting about two months earlier. PUMP's strong rise this time is driven by its fundamentals: Pump.fun is forming a positive feedback cycle of revenue, buyback, and traffic. On-chain data shows that in the past 30 days, the platform's processing fee was about US$38.15 million and revenue was about US$29.19 million, second only to Tether, Circle, and Canton, surpassing agreements such as Hyperliquid, Polymarket, GMGN, and Tron. The window that appeared in Gold Fork coincided with the re-acceleration of revenue, the continuous repurchase and destruction of PUMP, and the return of users trading on the platform. Pump.fun uses 50% of revenue to buy back and destroy PUMP. The recent weekly fee revenue surpassed $10 million (one of the best levels since the end of January), corresponding to potential buyback pressure of around $5 million. The platform recently launched Callout Rewards and reduced Solana transaction fees to 0% and cross-chain fees to 0.1%, using revenue advantages to subsidize traffic and compete with users of imported products such as GMGN and Fomo. If active weekly and daily active trading users continue to reach new highs, PUMP's market narrative may shift from a simple meme platform coin to a trading portal with high cash flow. Overall, this round of growth was driven by technical signals and positive feedback from fundamentals, with revenue scale and repurchase mechanisms being the core supporting factors.
Comparative news, according to Coinglass data, ETH's full network contract holdings have increased by 5.32% in the past 24 hours, and the current total holdings are US$31,718 million. Among them, Binance's holdings are $8.536 billion, OKX's holdings are $1,655 million, Bybit's holdings are $2,124 million, and Gate's holdings are $2,623 billion.
Comparative news, according to ai_9684xtpa monitoring, a giant whale using a leverage cycle to prolong ETH and BTC began to stop making profits. The address 0x268... 47643 proposed 79226.49 ETH (approximately $140 million) from Binance between July and August 2026, at an average price of $1776.83. Since August 19, a total of 10,887.15 ETH (about US$24.16 million) has been added to the trading platform, and the profit will be US$4.817 million if sold. The address currently still has 47,889 WstETH and 1200 WBTC on loan 83.67 million USDS, and a health level of 2.26.