According to BlockBeats, on August 24th, Onchain Lens monitoring showed that Wintermute transferred 1,279.99 BTC, worth approximately $98.68 million, to Binance through 8 transactions in the past 18 hours. The latest transaction was 90.1 BTC, worth approximately $6.97 million.

Previous data showed that Wintermute has been continuously transferring BTC to trading platforms recently, with a cumulative transfer of 3,834.3 BTC to Binance this week, worth approximately $256.8 million. Large deposits to trading platforms are usually seen by the market as a potential selling pressure signal, but for market makers like Wintermute, it may also be used for liquidity management, market making, and cross-platform trading. On-chain transfers alone cannot confirm the actual selling behavior.

According to a report by The New York Times on August 23, cited by BlockBeats on August 24, Trump's recent economic and trade policies are causing concern among some Republicans. With the US midterm elections approaching, consumer prices and the cost of living have become key concerns for voters, and some Republican lawmakers are beginning to distance themselves from some of Trump's economic policies.

Republican Representative Ashley Hinson, a Senate candidate from Iowa, reiterated her opposition to Trump's recent announcement of a plan to reduce tariffs on up to 300,000 tons of imported beef over the next 90 days, arguing that it could harm the interests of American ranchers. Senator Chuck Grassley from Iowa, along with two senators from Nebraska, also expressed their opposition to cutting beef import tariffs. Senator Tim Sheehy from Montana stated that he has been advising Trump against taking this measure for the past year.

Meanwhile, the Trump administration's imposition of 50% tariffs on some Canadian goods following the breakdown of trade negotiations between the United States and Canada has further fueled concerns within the Republican Party. Maine Republican Senator Susan Collins urged Trump to withdraw the tariffs, arguing that they would ultimately increase costs for local families and businesses. Former Vice President Mike Pence also warned that the United States "does not need a trade war with Canada" at present.

Texas Governor Greg Abbott avoided directly commenting on Trump's economic performance, only stating that Americans want prices to fall and that he believes Trump is moving towards that goal. When asked whether tariffs would increase household costs, Senate Republican campaign manager Tim Scott also avoided a direct answer, instead emphasizing the policy differences between Republicans and Democrats.

The report points out that as the economy, prices, and the Trump administration's economic policies become key issues in the 2026 midterm elections, Republican candidates in swing states like Iowa and Maine face greater political pressure. Some Republicans are attempting to find a balance between supporting Trump and addressing local voters' concerns about high prices and trade policies.

According to BlockBeats, on August 24th, US Treasury Secretary Bessenter confirmed that the specific details of the "unprecedented economic isolation" measures against Iran would be officially announced on the same day. Bessenter wrote in the Financial Times, "We are entering the final stage. At dawn, an economic 'Normandy landing' against Iran is approaching—the largest financial offensive ever launched against a hostile force."

Bessen also threatened that any country providing financial support to the crumbling regime should expect to face the same isolation. Bessen stated that the US goal would be to cut off every economic lifeline supporting the Iranian regime until Tehran is completely isolated. Previously, following Bessen's signals, the US would utilize all law enforcement tools to impose secondary sanctions on countries and companies continuing business dealings with Iran, focusing on three types of trade and economic activities:

Purchasing Iranian oil, transferring funds to Iran, and transshipping Iranian crude oil by sea. It is noteworthy that, in outlining the sanctions, Bessant specifically added that "large-scale" military operations are not expected to be necessary.