SoSo Daily Jul 14 | Ancient whale who has held BTC for 14 years transfers 10,009 Bitcoin, worth approximately $1.22 billion

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Nodle Network (NODL). As of 17:50 today, its market cap is 347.95K USD, with a coin price of 0.00033090 USD, witnessing a 24-hour increase of 55%.
The second is RabBitcoin (RBTC). As of 17:50 today, its coin price is 0.00000076020 USD, with a 24-hour increase of 39.6%.
The third is BugsCoin (BGSC). As of 17:50 today, its coin price is 0.0077510 USD, showing a 24-hour increase of 39.5%.
In fourth place is Turbo (TURBO). As of 17:50 today, its coin price is 0.0060800 USD, with a 24-hour rise of 35.5%.
In fifth place is Shadow Token (SHDW). As of 17:50 today, its coin price is 0.12100 USD, increasing by 31.5% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, 9 are up and 7 are down. Notably, PayFi and NFT sectors are worth mentioning.
PayFi sector has risen 2.47% relative to the UTC 0 time, led by gains in TEL (16.2%), VELO (3.72%), and WALLET (3.42%).
NFT sector has decreased 3.26% relative to UTC 0, with LOOKS (-14.1%), PENGU (-7.2%), and VRA (-5.21%) leading the drop.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to Ember Monitoring, an ancient whale holding 80,000 $BTC for 14 years transferred 10,009 $BTC (worth approximately $1.22 billion) from one of its wallets to a new address half an hour ago, with no other operations yet. [Foresight News]
Next news:According to Bloomberg, Grayscale Investments has submitted a draft registration statement for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC). [Foresight News]
Next news:On July 14, according to on-chain analyst Ai姨 (@ai 9684xtpa)'s monitoring, in the past 11 hours, the pump.fun project team transferred 10 PUMP tokens from a series of addresses for small-amount testing, including the Wintermute address. It is expected that more market-making tokens will be transferred in the next day or two. [Deep Tide TechFlow]
Next news:On July 14, according to on-chain analyst Onchain Lens (@OnchainLens), a new wallet withdrew 2,780,000 UNI from Binance, worth approximately $25.52 million. Four days ago, this whale also withdrew 70,000 COMP, worth $3.51 million, from Binance. [Deep Tide TechFlow]
Next news:According to the official announcement on July 14th, Binance Alpha will be the first platform to list TAC (TAC) on July 15th. Alpha trading will open: July 15, 2025 at 18:00 (UTC+8). Contract trading will open: July 15, 2025 at 18:30 (UTC+8). Eligible users can go to the Binance Alpha activity page to use Binance Alpha points to receive airdrops after Alpha trading opens. Specific details will be announced separately. [Shenchao TechFlow]
Next news:Crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded another $3.7 billion in net inflows globally last week, according to CoinShares data.

The figure represents the second-largest weekly inflows on record after the $3.9 billion added in early December. Alongside the ongoing crypto rally as Bitcoin continues its all-time high run, the inflows take total assets under management at the funds to a record $211 billion, CoinShares Head of Research James Butterfill noted in a Monday report — exceeding the $200 billion mark for the first time. "Notably, July 10 recorded the third-highest daily inflow ever," he added.

It marks the 13th consecutive week of net inflows for global crypto funds, totaling $21.8 billion, and brings year-to-date inflows to a new high of $22.7 billion. Trading volumes also reached $29 billion last week — twice this year's weekly average — Butterfill noted.

Regionally, the U.S. led with net inflows of $3.7 billion, followed by Switzerland and Canada crypto investment products, with $65.8 million and $17.1 million, respectively. However, this was offset by net outflows of $85.7 million, $15.7 million, and $7.5 million from funds in Germany, Sweden, and Brazil.

Bitcoin-based funds registered their fifth consecutive positive week, accounting for 73% of the net inflows, adding $2.7 billion, and driving their AUM to $179.5 billion. "For the first time, this equals 54% of the total AUM held in gold ETPs," Butterfill highlighted. In contrast, short-bitcoin investment products showed minimal activity.

The U.S. spot Bitcoin ETFs accounted for the majority of that figure, attracting $2.72 billion last week, according to data compiled by The Block, offset by outflows from other regions.

Meanwhile, Ethereum-based funds added another $990 million — the fourth largest on record — to post their 12th consecutive week of inflows — the longest streak of inflows since mid-2021. "In relative terms, Ethereum’s inflows over the past 12 weeks account for 19.5% of its AuM, compared to 9.8% for Bitcoin," Butterfill said.

The U.S. spot Ethereum ETFs also dominated this figure, accounting for $908.1 million of last week's inflows.

In terms of other altcoin-based investment products, Solana funds recorded the next highest weekly inflows of $92.6 million, while XRP products saw the largest outflows, totaling $104 million. [CoinShares]
Next news:On July 14, Forbes reported that Hungary has implemented the world's strictest cryptocurrency regulations. The new regulations, which took effect on July 1, may classify digital asset transactions as criminal offenses. According to the new regulations, individuals using unauthorized cryptocurrency exchanges will face up to two years in prison, and large transactions may result in a maximum sentence of five years. Digital bank Revolut has announced an immediate suspension of its crypto services in Hungary, affecting its over 2 million Hungarian users. Industry experts estimate that approximately 500,000 Hungarian citizens hold cryptocurrencies and are currently facing legal risks. [Deep Tide TechFlow]
Next news:According to the Securities Times, a reporter learned from CMB International Securities Limited that CMB International officially obtained approval from the Hong Kong Securities and Futures Commission on July 14, becoming the first Chinese-funded bank-backed securities firm in Hong Kong to obtain relevant licenses for virtual asset trading services. [Foresight News]
Next news:According to official news, Ondo Finance has announced the acquisition of Strangelove, but the specific acquisition price has not yet been disclosed. [Odaily Planet Daily News]
Next news:On July 14, according to NLNico monitoring, Canadian listed company Matador Technologies submitted an application to raise up to 900 million Canadian dollars within 25 months to fund the accumulation of Bitcoin, strategic acquisitions, and infrastructure construction related to the Bitcoin ecosystem. [Deep Tide TechFlow]

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.