Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.
Crypto News
Majie Brother cut his losses on BAYC NFT with an 89.4% loss and increased his ETH long position
On August 5, according to Lookonchain monitoring, Huang Licheng, known as Big Brother Maji, purchased BAYC #5670 five years ago for 85 ETH. Today, he sold it for only 9 $ETH, incurring a loss of 76 $ETH (approximately $142,000), representing a loss rate of 89.4%.
Subsequently, he used the proceeds to further support his $ETH long position. The current position stands at 3,450 $ETH (approximately $6.44 million), with a liquidation price of $1,839.37.
A short-term whale specializing in ETH short positions has an 80% win rate and made $600,000 in profit over 10 days
Address 0xd9a…8bbf3 has been specializing in $ETH short positions since July 27, using 10x leverage, with an 80% win rate and $600,000 profit over 10 days.
Of its 20 short trades, half of the positions were held for only about 1 hour; 10 minutes ago it again opened a short position of 14,519.62 $ETH ($27.21 million) at an entry price of $1,874.2, with each position size being over $3 million, reaching up to $70.13 million.
Italy's largest bank Intesa significantly reduced its holdings of "IBIT" in the second quarter and increased its holdings of the ETH staking ETF "ETHB"
Italy's largest bank, Intesa Sanpaolo, disclosed in a 13F filing its securities holdings as of the end of the second quarter of 2026.
Data shows that the bank's holdings of the BlackRock Bitcoin Spot ETF 'IBIT' decreased sharply from 646.8 thousand shares at the end of the first quarter to 40.7 thousand shares at the end of June, a drop of approximately 93.7%. Holdings of 'ARKB', another Bitcoin spot ETF, changed less, falling from 3.6076 million shares to 3.4736 million shares. Meanwhile, the bank's holdings of the BlackRock Ethereum Spot ETF 'ETHB', which incorporates a staking mechanism, increased from 116.2 thousand shares at the end of the first quarter to 349.6 thousand shares at the end of June, more than tripling.
In addition, the bank's holdings of the Grayscale XRP Spot ETF 'GXRP' remained unchanged at 712.3 thousand shares, while holdings of the Bitwise Staked Solana Spot ETF 'BSOL' plummeted from 2,817 shares to 7 shares. In terms of cryptocurrency-related stocks, Coinbase holdings were reduced from 10,357 shares to 7,000 shares, BitGo holdings increased from 165,600 shares to 323,000 shares, and the bank also newly purchased 10,000 shares of Hyperlink Financial Company Hyperliquid Strategies.
Bitcoin & Ethereum Spot ETF Flow
Bitcoin Spot ETF saw a total net inflow of 211.49M USD yesterday, with none of the twelve ETFs experiencing a net outflow
According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 211.49M USD yesterday (Eastern Time, August 4th).
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 170.35M USD, and the total historical net inflow of IBIT currently stands at 60.76B USD.
The second highest was Fidelity's ETF FBTC, with a daily net inflow of 19.58M USD, and the total historical net inflow of FBTC currently stands at 9.97B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 78.26B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.06%. The historical cumulative net inflow has reached 51.71B USD.
Ethereum spot ETF had a total net inflow of $53.7474 million yesterday, with BlackRock's ETHA leading the net inflows at $42.4582 million
According to SoSoValue data, the total net inflow of Ethereum spot ETFs yesterday (Eastern Time August 4) was $53.7474 million.
The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock's ETF ETHA, with a single-day net inflow of $42.4582 million. Currently, ETHA's historical total net inflow has reached $11.48 billion. The second was Fidelity's ETF FETH, with a single-day net inflow of $9.3424 million. Currently, FETH's historical total net inflow has reached $2.109 billion.
Comments