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Whale Alert detected two transactions of approximately 142 million and 140 million USDT transferred from unknown wallets to Bitfinex.

According to PR Newswire, the blockchain asset management firm CMCC Global announced the tokenization of its Crest Fund (Crest) and Liberty Bitcoin Accumulation Fund (LBAF), calling them the first tokenized master fund products issued under El Salvador's digital asset legal framework.The two funds will be issued using Tether's Hadron tokenization platform and will raise funds from qualified investors through the regulated Bitfinex Securities platform, with the subscription period ending on October 30, 2026. Both funds are multi-manager quantitative hedge funds that invest in market-neutral strategies in the digital asset market, including funding rates, cross-exchange and volatility arbitrage, market making, and DeFi strategies. Among them, Crest is denominated in USD, targeting returns above U.S. Treasury yields; LBAF is denominated in Bitcoin, targeting a net annualized return of 8% to 12%.BTCS S.A., a digital asset treasury company listed in Poland and Frankfurt, has agreed to act as a cornerstone investor and plans to allocate a three-digit number of Bitcoins to LBAF, with the specific amount not yet disclosed. The token issuance price is set at $10 per CREST and 0.0001 BTC per LBAF, with a minimum subscription of one token; eligible holders can also trade on the secondary market through Bitfinex Securities around the clock.

The cryptocurrency trading platform Bitfinex posted on X: Since mid-September, Bitcoin has been operating in the upper half of the Keltner Channel on Bitfinex's daily chart.Bitfinex stated that about two weeks ago, Bitcoin fell below the flattening middle line. If the price returns to the upper half of the channel and the middle line turns upward again, it may indicate a recovery of bullish momentum.

The cryptocurrency trading platform Bitfinex stated on X that even though the ETF is in a sell state, new BTC buyers have still accumulated about 570,000 BTC since the end of July.Bitfinex indicated that the average cost for these buyers is approximately $75,000, and this cost has been maintained during each pullback since August.

The cryptocurrency trading platform Bitfinex stated that among the approximately 60,000 BTC accumulated by Bitcoin whales, most were purchased since late August, with buying prices ranging from about $80,000 to $86,000.Bitfinex noted that this price range is roughly equivalent to Bitcoin's current price. The platform also mentioned that if these whales continue to hold the aforementioned Bitcoin during this round of correction, the price just above $80,000 will receive support.

Bitfinex stated that the average holding cost for long-term Bitcoin holders is approximately $49,300, with a current unrealized profit of about 64%; the average cost for recent buyers is around $74,400, with a current unrealized profit of only about 9%.Bitfinex pointed out that if the BTC price continues to decline, recent buyers may face greater selling pressure first. In contrast, long-term holders have a thicker buffer of unrealized profit.

Bitfinex Alpha's latest report indicates that whether Bitcoin can regain the $84,500 level this week will depend on whether the U.S. CPI data changes market expectations for interest rates and yields, as well as whether spot market buying can follow up.This round of correction is similar to multiple adjustments during the previous recovery phase, and investors with holding costs within the original trading range have not shown significant selling. However, spot buying remains a weak link in the current market, with Bitcoin ETF investors' average holding cost around $84,340, and the current price is below this level, leading some investors to potentially sell as the rebound approaches their cost level.Analysts believe that if this week's core CPI month-on-month increase is 0.2% or lower, it may reduce market interest rate hike expectations and drive yields down, providing room for BTC to rise; if the core CPI reaches 0.3% or higher, it may continue to suppress the performance of risk assets. BTC may fluctuate in the range of $81,300 to $84,500 in the short term.If the price breaks through and stabilizes above $84,500, while ETF fund flows are strong, the market may retest the year-to-date opening level of $87,722; if it falls below $81,300 with continued capital outflow, it may further dip to around $77,400, the true market average level.

Bitfinex stated that Bitcoin typically transfers to trading platforms before being sold, but during the drop of BTC from $87,000, there was almost no behavior of Bitcoin held for 6 months or more.Data shows that nearly all Bitcoin flowing into trading platforms recently has only been transferred in the past week. Bitfinex pointed out that true market capitulation usually requires long-term holders to start transferring and selling their chips, but there are currently no signs of this.

According to Whale Alert monitoring, at 21:16 Beijing time, 2000 BTC (worth approximately 166 million USD) was transferred from the anonymous address 3KZby...o22 to Bitfinex.On-chain data shows that the address held approximately 3589 BTC before the transfer, and currently still has about 1589 BTC remaining.

According to Lookonchain monitoring, another 4 addresses that have been inactive for over 2 years deposited 48,000 ETH into Bitfinex, worth 131 million dollars.

According to on-chain analyst Yu Jin's monitoring, a certain whale/institution that has held ETH for 3 years has taken partial profits, accumulating a profit of 66.45 million dollars, with a return rate of 29%. Three years ago, this whale/institution withdrew and hoarded 112,100 ETH from Bitfinex, which was worth 227 million dollars at that time, with the ETH price around 2030 dollars.As ETH broke through 2600 dollars, it transferred 21,200 ETH from one of its addresses to Bitfinex 2 hours ago, worth 55.93 million dollars.

Bitfinex Alpha's latest report shows that Bitcoin has recently maintained a range of about 5.5% for over 24 trading days, with a cost basis of approximately 840,000 BTC within this range. As profit-taking has noticeably slowed, the seller risk premium has dropped to 7 basis points, one of the lowest levels in the past year, but insufficient buying pressure still limits a breakout.Meanwhile, leverage has accumulated at the upper and lower bounds of the range, with approximately $1.95 billion in short liquidation risk concentrated around $82,000, while there are large-scale long positions in the $75,000 to $76,000 range, which could amplify price volatility following the Federal Reserve's interest rate decision.Bitfinex further pointed out in the report that rising energy costs, increasing real yields, and weakening consumer confidence have made the macro environment more complex. Whether BTC can break through the current range still depends on the Federal Reserve's policy guidance and the subsequent trends in real yields and energy prices.

Bitfinex Alpha report shows that Bitcoin has been consolidating in the range of $77,100 to $81,300 over the past 20 trading days, with the current price close to the key support level at the lower end of the range. If it breaks above $81,300, the volume vacuum above may drive the price quickly up to $86,500. The options market has shifted protection to contracts expiring on September 18 ahead of the Federal Reserve's interest rate decision.The report also points out that while Bitcoin's volatility has decreased, altcoins are performing actively, with all 29 major cryptocurrencies rising last week, Polkadot up 43%, and Zcash up 42%. The open interest in altcoin perpetual contracts has surpassed Bitcoin for the first time this week, a situation that historically often accompanies market correction risks.

The cryptocurrency exchange Bitfinex posted on X that the Bitcoin miner position index is currently -1.2, well below its annual average.Miners are holding supply, even though the breakthrough in August briefly pushed it up to 2.8. An index above 2 means that miners are selling again, and current selling activity is relatively sluggish.

Bitfinex Securities is a tokenized investment platform under the cryptocurrency exchange Bitfinex, which has launched 5 types of tokenized notes, providing economic exposure to Bitcoin reserve companies such as Strategy, Metaplanet, H100 Group, and Capital B for eligible investors. The platform has also launched the Strategy floating rate perpetual preferred stock STRC.The aforementioned notes are issued through the Luxembourg ORO (II) Fund, managed by SICOS Securities, with the underlying securities held in custody by regulated financial institutions, but do not grant investors direct ownership of shares in the corresponding companies. Products can be invested in fractions starting from about $1 and support trading in USD, USDT, and Bitcoin, available only to eligible non-U.S. investors. Bitfinex Securities stated that this is the first time related products have been traded in the secondary market on a regulated tokenized securities exchange. After completing a $50 million tokenized financing for the metal company Alkemya in August this year, the platform has listed assets exceeding $500 million.

Bitfinex published an analysis stating that despite tightening macro conditions, Bitcoin remains steady above $77,100. Last week, after Federal Reserve Chairman Warsh's hawkish speech in Jackson Hole, BTC fell from above $81,000, but the rise in August was primarily driven by spot buying rather than excessive leverage—open interest gradually increased, the basis remained relatively restrained, and last week, net inflows into U.S. spot Bitcoin ETFs approached $1 billion, while Ethereum investment products saw a net inflow of $815.7 million for 10 consecutive days.On the macro front, U.S. PCE inflation is at 3.7%, core inflation at 3.3%, annualized private demand growth in Q2 is 4.2%, and the deficit for the first 10 months of this fiscal year reached $1.8 trillion. Warsh confirmed that the 2% inflation target is a hard constraint, and the market has raised the probability of a rate hike in September to 57%. Bitfinex believes that the continued support from ETF and stablecoin liquidity is sustaining prices, but expectations of interest rate hikes limit the upside potential. If crypto inflows remain resilient, it will prove that underlying demand is still solid.

Bitfinex Securities announced the completion of a $50 million tokenized financing and will launch a nickel token ALKN linked to the Luxembourg industrial metals platform Alkemya Metacore. The platform is based on a high-purity nickel wire inventory valued at $1.6 billion and approximately 7 million meters long, stored in Switzerland, and widely used in fields such as semiconductors, aerospace, and defense.The ALKN token will be open for subscription to qualified investors, with a deadline of October 15. This is the first tokenized commodity issuance under El Salvador's digital asset regulatory framework. The proceeds from the financing will be used to support Alkemya's operating subsidiary Green Transitional Metals in developing engineered nickel products, with application scenarios including electromagnetic interference shielding, aerospace, defense, semiconductors, power and industrial systems, green hydrogen, and rare precious metal recycling.Jesse Knutson, the Chief Operating Officer of Bitfinex Securities, stated that this blockchain structure will transform nickel, which was previously trapped in the industrial supply chain, into tradable financial products, unlocking collateral use cases and ongoing hedging opportunities for traders.

Bitcoin recently rose to a monthly high, with Bitfinex analysts stating that this round of market activity is primarily driven by spot buying and short covering, rather than new leveraged funds, thus providing a longer duration compared to typical short squeeze scenarios. As investors who bought Bitcoin in the past five months are currently in a profit state, the main risk of the current upward trend comes from profit-taking chips flowing into trading platforms.Bitfinex believes that the U.S. Treasury's announcement on August 19 to expand the scale of long-term bond repurchases is an important factor driving the recent market activity. The initial phase of this rise was indeed driven by short liquidations. On the same day, the U.S. spot Bitcoin ETF recorded an inflow of $297.6 million. However, the subsequent price increase mainly came from spot buying. From the position structure, while Bitcoin prices rose by 10% to 11%, open interest (OI) only increased by about 4%, indicating that spot demand and short covering played a major role, while the impact of leveraged funds was limited.Bitfinex pointed out that the $68,000 to $69,000 range is currently an important support level, close to the average cost of buyers over the past five months. If Bitcoin maintains above this level, it will keep these investors in a profitable state, reducing the pressure of previously trapped chips selling during rebounds. In terms of funds, the U.S. spot Bitcoin ETF saw an inflow of $606.29 million on August 20, the largest single-day inflow since May 1, with BlackRock's IBIT contributing about 82%. Bitfinex stated that if fund inflows continue for a week, it will further strengthen the market demand structure.However, Bitfinex warns that the current biggest risk is a large amount of profitable Bitcoin flowing into trading platforms, which could trigger the largest profit-taking market since 2026. Analysts indicate that if real yields rise again to levels that previously suppressed Bitcoin from falling below $65,000, macro factors could still quickly impact the market.

Bitfinex stated that the S&P 500 index continues to set new records, while Bitcoin remains around $64,000. The rise in stocks is mainly driven by expectations of interest rate cuts, but Bitcoin relies more on actual liquidity support.Since mid-May, the supply of stablecoins has decreased by $14 billion, and before the stablecoin supply resumes growth, Bitcoin's rebound still lacks funding support.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances, in the past 7 days, among the top 10 exchanges by balance, Bithumb saw the largest decrease at 11.67%; Kraken had the largest increase at 1.24%.In terms of exchange asset transparency proof, in the past 7 days, the top three net outflows of reserve assets were Bitfinex (-$109 million), Deribit (-$40.7954 million), and OKX (-$14.5321 million); the top three net inflows were Binance (+$441 million), Gate (+$11.9 million), and Bitget (+$7.50389 million).