According to Odaily Planet Daily, an address transferred 700 BTC to Coinbase, worth approximately $50.0922 million.

Odaily Planet Daily reports that the "siphoning effect" of AI on the semiconductor industry chain continues to unfold. Entering the second half of 2026, a new wave of chip price increases is sweeping across the board with greater scope and intensity. Leading RF chip manufacturer Zowee Technology issued a price adjustment notice, announcing new prices for its entire RF product line starting September 1st. The following day, National Technology followed suit, raising prices for some MCU products by 10% to 20%. Among international giants, STMicroelectronics will complete its third price adjustment this year on August 23rd, and Analog Devices (ADI) will implement its second round of new prices starting September 13th. From memory chips to MCUs, from RF front-ends to power semiconductors, from analog chips to passive components, price increase notices are being issued intensively. Compared to the price increases in the first half of the year, the most prominent feature of this round is the "siphoning effect" of the explosive demand for AI computing power on mature process capacity. This, coupled with rising supply chain costs, continued tightening of supply and demand, and expanding demand for domestic substitution, is pushing the semiconductor industry into an upward cycle of both volume and price increases. (21st Century Business Herald)

In the past hour, total liquidations across the network reached $23.87 million, with $18.71 million from long positions, with $5.16 million from short positions. BTC liquidation $1.84 million, ETH liquidation $3.50 million.