supply

Traders and sources say that unless deliveries are restored within a few days, the disruption in Saudi pipelines could lead to a 4% loss in global oil supply. Saudi Arabia's storage in Yanbu can only sustain exports for 5 to 7 days, and there is also a small amount of storage in Egypt.

According to monitoring by Lookonchain, Binance's Bitcoin reserves have risen to 693,000 coins, reaching a two-year high, an increase of about 77,000 coins since the end of April, accounting for approximately 30% of the total Bitcoin reserves on major trading platforms.As the reserve continues to climb, Bitcoin faces strong supply pressure in the range of $83,000 to $85,000.

CryptoQuant analyst Axel Adler Jr. stated that on-chain data shows the proportion of Bitcoin supply in profit has rebounded from 47% at the end of June to 69%, moving away from historically common market pressure zones.Meanwhile, the 90-day change of this metric rapidly reversed from -19% in early August to +41%, marking one of the faster recoveries in Bitcoin's history.

The International Energy Agency (IEA) monthly report states that this year the global oil supply-demand gap will be larger than previously expected, as the war in Iran has not ended, and the normalization of oil flows in the Middle East has been delayed until 2027, leading to a surge in fuel prices. Inventory plays a key role in market balance, but the buffer is decreasing, and the global refining system is being stretched to its limits.

SaxoBank pointed out that the supply risks in the Middle East continue to escalate, the US PPI is supported by a surge in diesel prices, European and American bond yields have risen significantly, and gold, copper, and the stock market are all under pressure.The market is concerned whether the energy shock will rewrite the Federal Reserve's interest rate expectations.

Taiwanese precision parts manufacturer New Sun Technology is currently only screening gold sample hinges that meet Apple's standards to supply Apple's foldable smartphone iPhone Duo, with related production still unstable. The iPhone Duo announced by Apple on the 9th local time has unstable hinge production as the biggest factor affecting the delay in the production schedule.The original first supplier was Amphenol from the United States, but due to low yield rates, the second supplier New Sun Technology has become the first supplier for production. The yield rate of New Sun Technology's hinges remains low, with only qualified products sent to Foxconn. The supply of back panels is also tight, with the second supplier Lingyi Technology in China facing difficulties in mass production.Apple has provided partners with an estimate of components that can produce about 5 to 6 million complete units by the end of this year. Pre-orders will start on October 16, with the release date set for October 23. Prices start at $1999 for the 256GB model and go up to $3199 for the 2TB model.

Flop Labs officially announced the updated FLOP token economics draft based on community feedback. The project emphasizes that the token has no venture capital shares and no pre-sale; all tokens must be obtained through network contributions.Core data and total supply model: The total supply in the 10th year is expected to reach 18.1 billion tokens. The long-term inflation rate is maintained at 0.5% per year. The halving mechanism adopts a fixed halving cycle, with a permanent tail inflation mechanism retained after halving to continuously incentivize network participants.Token distribution ratio in the 10th year: 8.8 billion tokens for miners (48.6%), the highest distribution share, reflecting the network orientation of Proof of Useful Inference. 4.4 billion tokens for airdrop (24.3%), including 1.2 billion tokens for miners (6.6%), 1.2 billion tokens for validators (6.6%), 1.2 billion tokens for agents (6.6%), and 800 million tokens for reserves/incentives (4.4%). 2 billion tokens for the team and foundation (10.8%). 1.2 billion tokens for validators (6.5%). 1.2 billion tokens for brokers/agents (6.5%). 600 million tokens for staking rewards (3.2%).

The Block Research released a report on September 8, stating that during the period from October 2025 to August 2026, Bitcoin fell by over 50% and the total cryptocurrency market value decreased by over $2 trillion, while the total supply of stablecoins remained around $290 billion, with about 90% issued by Tether and Circle.In the past 365 days, the transaction volume of stablecoins exceeded $90 trillion, more than doubling compared to 2025. The daily turnover rate increased from 0.38 times in August 2024 to 0.78 times in August 2026. Ethereum holds about $147 billion (turnover rate 0.51 times/day), Base holds $4.5 billion (16.7 times/day), Solana about $13 billion (1.08 times/day), and Tron over $90 billion (0.25 times/day). The Bank for International Settlements statistics indicate that the stablecoin transaction volume in 2025 was about $35 trillion, with payment-related transactions accounting for 1.1%. Chainalysis data shows that in 2025, illegal addresses received at least $154 billion in stablecoins.The GENIUS Act was signed in July 2025. In April 2026, FinCEN and OFAC jointly proposed to classify payment stablecoin issuers as financial institutions under the Bank Secrecy Act, and in August, the Treasury proposed a definition to clarify the scope of applicability, which is still a proposal. Companies such as Paxos, zerohash, Rain, and Altitude describe a shift from one-time KYC at onboarding to continuous lifecycle monitoring of on-chain behavior, counterparties, turnover rates, and geographic locations.

According to Cryptopolitan, the latest data from Token Terminal shows that the supply of euro stablecoins reached $848.1 million on September 7, marking an annual growth of approximately 22.6%, with a net increase of about $156 million. In the same period, US dollar stablecoins only saw a net increase of about $159 million, but their base was as high as $298.5 billion, which is 350 times the market size of euro stablecoins.In terms of market concentration, EURC and EURCV together account for 82% of the euro stablecoin supply, with EURCV issued by SG-Forge, a digital asset subsidiary of Société Générale, holding a MiCA-compliant license and accounting for 19.6%. It is the first stablecoin led by a licensed European bank subsidiary.In terms of on-chain distribution, Ethereum absorbed about $125 million of the incremental supply this year, achieving a market share of 69.4%; Solana added about $30 million, with a market share of 14.7%; together, they contributed almost all of the annual increment. Base, on the other hand, saw a decline, dropping from $73.9 million to $58.7 million. Analysis indicates that the growth of euro stablecoins is primarily driven by supply from issuers rather than demand from users, and liquidity for euro trading pairs in DeFi lending pools and perpetual contracts remains weak, with the supply-demand gap yet to be bridged.

According to a report by ZDNet Korea on the 9th, Samsung Electro-Mechanics and LG Innotek are advancing into the Intel EMIB-T packaging substrate supply chain, with related product development and testing already underway. EMIB connects chips with small silicon bridges, which Intel previously used mainly for its own chips; the improved EMIB-T is expanding external sales. The next-generation AI accelerator TPU that Google plans to launch in the second half of next year will be the first to use EMIB-T. EMIB-T inserts silicon vias for power transmission within the silicon bridge.Insiders say that Samsung Electro-Mechanics has developed EMIB substrate samples over the years and is currently advancing EMIB-T supply based on the 2.1D packaging substrate concept. Recently, LG Innotek delivered EMIB-T packaging substrates to SK Hynix for sample testing, and both parties are installing HBM on the substrate to evaluate product characteristics.Currently, EMIB-T packaging substrates are supplied by Japan's Ibiden, Shinkawa Electric, Taiwan's Xinxing Electronics, and Austria's AT&S. Ibiden has decided to utilize idle factories to construct a dedicated production line for Intel's EMIB-T substrates, with an investment scale of about 20 trillion Korean won, and it is reported that they have already received advance payments from Google, Amazon, Intel, and others.

According to DIGITIMES, the IC design and semiconductor industry generally believes that the duration of the current tight supply and demand for mature process chips will be longer. Most industry opinions suggest that the industry will need to actively compete for capacity at least until 2028, and price increases may become the norm in the industry. Some even believe that by 2030, the supply and demand relationship for mature process chips may not be able to stabilize.Industry insiders in IC design admit that the overall market situation for end products is not particularly hot; it is just that the demand related to cloud AI is excessively large and continues to expand.

CryptoQuant analyst Darkfost stated that the supply ratio of long-term Bitcoin holders has significantly increased during this pullback, with many traders buying and holding for over 6 months during the dip.This is a common global behavior during bear markets or significant pullbacks, where long-term holders have much lower Bitcoin liquidity, helping to form a solid bottom support. This is a positive signal on a long-term level, slowly accumulating.

According to a report by ZDNet Korea, Samsung Display plans to significantly increase its OLED supply for Apple's foldable smartphones and iPads next year. The target for foldable OLEDs will rise from about 8 million units this year to 15 million units next year, while OLEDs for iPads will increase from about 2 million units this year to 9 million units next year, totaling an increase from about 10 million units this year to approximately 24 million units.Apple is a core customer for Samsung Display's small-sized OLEDs. Market research firm UBI Research estimates that the total demand for OLEDs for iPhones this year is about 264.7 million units, with Samsung Display supplying about 144 million units, and a target of approximately 148 million units next year. Apple will launch its first foldable smartphone in the second half of this year, and Samsung Display plans to supply a 7.8-inch foldable OLED. Starting in 2024, iPads will adopt OLEDs in the Pro models, expanding to the mini this year and further to the Air next year.The report cites industry insiders who say that if the foldable screen is priced at around $2,500, shipments this year and next year may be approximately 6 million and 11 million units, respectively; higher prices or supply chain issues could further reduce shipments. Samsung Display's supply targets may be adjusted according to market conditions.

Supply chain sources revealed that due to the overall cost surge, Intel's PC CPUs have been gradually increasing in price over the past year, with a tentative additional increase of 10% expected in early October.In the context of a slight decline projected for the PC terminal market in 2027, Intel still chooses to raise CPU prices. Supply chain analysis indicates that if Intel sets low profit margins as an important threshold for product retention, some products will inevitably be forced to exit the market. Once this demand is released, it may provide opportunities for Arm-based operators like MediaTek and Qualcomm to enter, especially in the IPC, edge computing, and IoT markets, where Arm SoCs have advantages in high integration and low power consumption.

Changxin Technology held a performance briefing for the first half of 2026. An investor inquired about the third quarter DRAM price situation, and the company's Senior Vice President and Chief Financial Officer Huang Danyang believes that looking ahead to the second half of 2026, the global supply shortage of DRAM products will continue.

Arbitrum co-founder Steven Goldfeder stated that there is a misunderstanding in the market regarding the supply of ARB, often including the tokens held by the DAO in the locked supply.He pointed out that the token unlock for ARB investors and team members is nearing completion and will be fully unlocked by March next year. Currently, the portion of tokens that have not yet been unlocked accounts for approximately 7.7% of the total supply.The Arbitrum DAO treasury currently holds 2.84 billion ARB, but these tokens are not traditional locked tokens; they are controlled by circulating token holders, and their transfer must be approved by a vote from other token holders.

Serenity posted a reminder that the fundamentals of storage shortages have not changed and may even become more acute. The market will shift from one bottleneck sector to another, but the companies themselves remain unchanged; what changes are the valuations and narratives. Serenity added several pieces of evidence suggesting that the storage supply-demand gap may be worse than the market expects: Nikkei reported that Japanese distributors claim the storage demand gap has reached 40% to 60%, and prices may rise by about 50% by the end of the year; SpaceX has not accounted for the approximately $1.3 trillion capital expenditure from ultra-large cloud providers, and total spending may exceed expectations; SanDisk's expected gross margin of 80% is expected to be maintained until 2030; and order visibility for companies like Samsung has extended to 2031.Serenity emphasized that storage stocks are highly volatile, with some of its positions showing unrealized gains of over 270%, making them easier to hold. However, the company's operational fundamentals and short-term stock prices often do not align. The same logic applies to other bottleneck areas such as optical modules, CW lasers, and substrates; after a rebound in stock prices, there is no need to assume that shortages have ended. Storage prices and supply-demand structures remain tight, and market sentiment and valuation narratives are rapidly rotating.

On Wednesday, the stock price of Nasdaq-listed company Farmmi surged from Tuesday's closing price of $0.1187 to a high of $0.5, with an intraday increase of about 321%. The trigger was a Memecoin named after the mushroom varieties in the company's annual report (Money Mushroom, code JINQIAN) starting to trade against its so-called "tokenized stock" FAMI on the Robinhood Chain.However, on-chain data shows that FAMI is not an official stock token from Robinhood: its total supply of 37,430,000 tokens (close to the total number of Farmmi's circulating shares) was generated in a one-time minting during the creation of the trade, with the deploying wallet retaining 38% and deploying a contract named PoolRepricer to manage the price itself, with no further changes to the supply thereafter. This token has no issuer, no redemption mechanism, and is completely unrelated to real Farmmi stock. In contrast, the official stock tokens from Robinhood are issued by Robinhood Assets (Jersey) Limited, and only authorized participants can subscribe and redeem.In terms of market performance, FAMI reached a high of $1.83 in the USDG pool, and as of 2:28 p.m., it was priced at $0.2135, a 45% premium over the stock price, with a total trading volume in the related pool reaching $131.4 million; the trading volume of JINQIAN against the FAMI pool was about $92 million, and at least 10 more Memecoins were launched within the following 30 minutes.

According to SolanaFloor, the supply of tokenized equity on the Solana chain has reached a historic high, with the scale of tokenized equity deposited in lending protocols also hitting a new high of $60 million. $NVDAx and $SPYx rank at the top by the number of holders.

Data shows that in the past month, the USDT supply on the Tron chain increased by 4 billion dollars to 94.27 billion dollars, surpassing the USDT supply on Ethereum.