According to BlockBeats, on September 3, OnchainLens monitoring revealed that a HYPE whale withdrew a total of 824,350 HYPE tokens from Coinbase in the past 17 hours, equivalent to approximately $67.52 million.

The wallet has withdrawn approximately 865,840 HYPE tokens from Coinbase to date, with a total value of approximately $70.64 million.

According to BlockBeats, on September 3rd, Garrett Jin, an agent of "BTC OG Insider Whale," released a market analysis stating that the $76,600 level, marked as a key downside level last week, played a role this week. Bitcoin retraced to near this support before the US stock market opened but ultimately held and returned above $77,000. The cost base map shows a significant amount of new supply forming between $75,000 and $80,000, providing a more solid floor support for the market than during the initial short squeeze. The largest visible cost base cluster is currently located in the $80,000 to $82,500 range. A break above $78,600 to $79,000 would move the price into the upper part of the current range, but a tougher test lies between $80,000 and $82,500. Only a daily close above $82,500 followed by a pullback and holding above the $80,000 level would be considered a valid digestion of price-sensitive selling pressure.

In terms of funding, US spot ETFs recorded net inflows of approximately $3.5 billion in August, but the situation reversed at the start of September, with net outflows of approximately $237 million on Tuesday, reflecting a simultaneous cooling in retail investor activity. Garrett Jin stated that a true warning signal would only be considered if the daily closing price fell below $76,600 and ETF inflows, the Coinbase premium, and the 7-day average realized profit/loss all weakened simultaneously; he would not directly short support levels before that.

Macroeconomic pressures are becoming the core contradiction in the market. Oil prices have returned to around $95, the 10-year US Treasury yield has broken through 4.8%, and the market's pricing in a September rate hike by the Federal Reserve has risen to about 70%. The significance of Bitcoin holding above $76,600 during this round of macroeconomic shocks lies in providing strong evidence that recent spot demand is not purely a short squeeze. Friday's non-farm payroll report will be the next key test: if the data is strong and the logic for a rate hike is reinforced, $76,600 may be retested; if the data is weak and Bitcoin still fails to recover $79,000, it indicates that spot demand may be losing momentum due to factors outside of macroeconomics.

Garrett Jin maintains his bullish view until the end of the year, believing that AI profitability has not declined, AI spending is still progressing, and the channel for Bitcoin allocation truly exists. However, the short-term path is highly dependent on whether interest rates can halt their current accelerated rise. Risk assets can withstand high interest rates, but cannot withstand yields that are climbing every week.

According to BlockBeats, on September 3rd, Omri Casspi, the first Israeli player to play in the NBA, raised $250 million for his venture capital firm, Swish Ventures, bringing its total assets under management to approximately $800 million. The new fund plans to invest in about 12 startups, with an average investment of approximately $20 million per deal, primarily focusing on four areas: cybersecurity, artificial intelligence, defense, and infrastructure. Investments will primarily be in seed and Series A rounds, with the firm potentially co-leading with other funds or participating in subsequent funding rounds. The company also operates an opportunity fund to continue investing in existing portfolio companies at later growth stages.

Swish Ventures has become an active force in the Israeli venture capital ecosystem, with its portfolio covering multiple cybersecurity and deep technology sectors. Casspi gradually transitioned into a technology investor after retiring from professional basketball.