Foreign media commented that Bitcoin has entered a critical phase, and there could be three possible outcomes: stagnation, full activation, or chain split.

In July, crypto hackers caused losses of approximately $247.4 million, with Coldcard, Ostium, Bonzo Lend and several cross-chain bridges being affected.

Bitcoin spot ETF saw a net inflow of approximately $755 million this week, with giants on the chain increasing their holdings by over 20,000 coins during the same period BTC. The market continues to focus on performance at the $65,000 level.

A Bitcoin wallet that has been dormant since 2011 has shown signs of activity, with approximately $3.2 million being transferred to an address associated with FalconX. The event occurred on August 7, 2026, and the public report came from CoinDesk. The current information focuses on the wallet's period of inactivity, the amount of funds involved, and the direction of the transfer. There is no indication yet as to whether the funds have been invested or what their subsequent use will be. This article merely outlines this transaction on the blockchain and its public trail.

This article focuses on the judgment of "malfunctions" in Bitcoin treasury transactions. It begins by examining a 10% decrease in fund holdings, then distinguishes between price changes and changes in trading channels, to outline the turning points faced by this market narrative, as well as the observation paths that ordinary participants need to pay renewed attention to.