The Bitcoin price has faced pressure together with the poor performance of Michael Saylor Strategy (MSTR) stock. The market mood has shifted as Michael Saylor revised its issuance policies, which has caused uncertainty. Even after the correction, Bitcoin still trades within a key structure. Bitcoin Price Tied to MSTR as Stock Crash Sparks Fresh Uncertainty
HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.
The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.
“Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”
Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”
He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.
HTX DAO Drives Growth, Deepens Ecosystem Governance
Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.
She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.
SVIP Benefits Unveiled, $1M Recruitment Program Launches
HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.
Key highlights include:
Ultra-low fees: Spot maker fees as low as 0.0126%, futures maker fees as low as 0%, dramatically reducing transaction costs.
Efficient margin and crypto loans: Enjoy up to 9% discount on margin interest rates, flexible loans, and zero service fees. Eligible users can access up to $20 million in credit lines per account, with Fireblocks custody integration to ensure asset safety.
SVIP-only privileges: 1-on-1 account managers with 24/7 support, Improved API rate limit, and invitations to private SVIP gatherings.
SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.
To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:
Invite new users to become SVIPs and earn up to $5,000 in USDT
Enjoy double rewards for VIP users migrating from other platforms
Earn an additional $2,000 cashback voucher when referring multiple qualified users
More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.
About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.
Bitcoin (BTC) has entered its fourth consecutive month of gains. However, it just ended the first red weekly candle of July.
While many analysts believe the bullrun may not be over yet, some concerning signals have begun to emerge, hinting at a possible price correction or consolidation.
After Four Months of Gains, Is Bitcoin Due for a Breather?
These warning signs don’t necessarily mean Bitcoin will reverse, but they serve as early indicators that demand attention before stronger moves or major volatility occur.
1. Bitcoin Whale-to-Exchange Flow Spikes
First, Bitcoin Whale-to-Exchange Flow data shows a significant increase in July. This metric reflects the volume of BTC large holders (whales) send to exchanges, usually implying an intention to sell.
Bitcoin Whale to Exchange Flow – Source: CryptoQuant
According to analyst Darkfost, in the last two market peaks, whale capital inflows exceeded $75 billion, marking the beginning of a correction or consolidation phase. Between July 14 and July 18, 2025, the figure has already reached $45 billion. This sharp rise indicates increased activity from large investors.
“[This whale activity] should be closely monitored, since whales can exert significant selling pressure, just as they did during the last two tops,” Darkfost said.
Darkfost’s view aligns with recent on-chain observations from Lookonchain. Today, Lookonchain reported that a savvy Bitcoin whale sent 400 BTC (worth $47.1 million) to Binance to take profits, with total realized gains reaching $91.5 million.
2. Bitcoin Coin Days Destroyed (CDD) Hits Yearly High
Beyond whale flows, on-chain data shows another signal: Bitcoin’s Coin Days Destroyed (CDD) in July reached a one-year high.
CDD measures how long coins were held before being moved. It reflects the sentiment and behavior of long-term holders. A high CDD value suggests long-term holders are moving their coins and are likely to sell them.
Bitcoin Coin Days Destroyed (CDD) – Source: CryptoQuant
According to CryptoQuant, the 30-day average CDD in July surpassed 31 million, the highest since April 2024. A previous report from BeInCrypto noted that a spike in this metric often precedes major market corrections. However, on the positive side, it can also be seen as a redistribution to new investors.
3. Altcoin-Bitcoin Correlation Turns Negative
Finally, changes in the correlation between altcoins and Bitcoin have raised further concern.
According to Alphractal, the Altcoin-Bitcoin Correlation Heatmap recently dropped below zero. This shift means that altcoins have outperformed Bitcoin in recent days.
However, historical data shows that a low correlation between Bitcoin and altcoins is often a red flag.
Since the start of 2025, this indicator has turned negative thrice. The first was in January, followed by a drop in Bitcoin’s price from $110,000 to $74,900. The second time was in May, when BTC fell from $112,000 to $98,500. Now, we are seeing the third occurrence.
“Historically, low correlation is a red flag. It often precedes periods of high volatility and mass liquidations — whether from shorts or longs,” Alphractal warned.
A recent report from BeInCrypto also highlighted another concerning signal. The Coinbase Premium has decoupled from the Kimchi Premium. This disconnection suggests an uneven bullrun across global regions, primarily driven by strong institutional demand in the US.
Hedera (HBAR) is showing no signs of slowing down. The token is up over 92% month-on-month, signaling strong bullish momentum. But the story doesn’t end there.
Whale wallets are piling in, funding rates are holding steady, and the price structure shows room for a potential breakout continuation. With multiple legs of support behind this move, HBAR price could be gearing up for more.
Whale Wallet Surge Signals Confidence
Whale wallets have continued their accumulation spree. Over the past week, the number of wallets holding 1 million HBAR or more rose from 67.28% to 71.41%. Also, wallets with 10 million+ HBAR jumped from 86.29% to 91.62%. That’s a more than 5% rise in a matter of days.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Such a concentrated increase in whale holdings typically reflects growing confidence in near-term price action. It also suggests that larger players are positioning themselves before a potential continuation rally.
Whale wallet data tracks the percentage of supply held by large wallets, helping measure accumulation pressure.
Funding Rate Spikes Show Aggressive Longs
The open interest-weighted funding rate for HBAR reached 0.057% on July 18, its highest level in months. As of July 21, it sits at a still-elevated 0.01%, suggesting that long positions are maintaining their dominance.
This spike in funding rates mirrors HBAR’s recent price rally and implies that leverage is building in favor of bulls. Typically, a rising funding rate indicates aggressive long positioning. It can foreshadow continued upward momentum, especially when backed by whale accumulation.
The good thing here is that the Funding rates (despite being positive) aren’t overheated, suggesting that leveraged positions do not dominate the derivatives market. This pattern keeps the risk of a long squeeze out for now.
A long squeeze occurs when over-leveraged long positions are forced to exit as prices dip, triggering a cascade of liquidations that accelerates the price drop.
Funding rates reflect the cost of holding leveraged long vs. short positions. A positive rate means longs are paying shorts, suggesting bullish sentiment.
HBAR Price Action Hints at a Breakout Zone
From a technical perspective, HBAR is currently hovering around the 0.382 Fibonacci extension level at $0.27, after cleanly breaking above the 0.236 resistance or the $0.25 price level. This region has acted as a consolidation zone over the past few sessions, with price finding consistent support.
If this level holds, the next resistances lie at $0.28 (0.5 Fib) and $0.30 (0.618 Fib), followed by the $0.32 (0.786 Fib) level. A confirmed breakout from the 0.382 and 0.5 Fib levels could open up the HBAR price path toward $0.35+, which aligns with the 1.0 Fib extension and previous swing highs.
Fibonacci extension levels are used to identify potential targets or resistance zones by utilizing the previous impulse move and a subsequent price retracement. In this price chart, the $0.22 level is used as the retracement zone, as the current swing is still under development.
As $0.25 serves as one of the strongest support levels, a dip below it can invalidate the bullish trend for now. Also, if the HBAR price corrects below $0.22, the short-term trend might not remain bullish anymore.