Tether Rakes in US$1.5B Profit, But Reserves Crash by Half in Just Three Months

AAVE faces a critical juncture as it tests the $88.38 support level following a 7% single-session drop to $90.93. With top traders holding 61% long positions and the price near the lower Bollinger Band, the market awaits a potential recovery move toward the $100 mark with bated breath.

The current consolidation of AAVE comes amid Q4 crypto market uncertainty, where the maintenance of the $88.38 support could trigger a significant recovery. Analysts warn that a breakdown below this support level could lead to additional selling pressure, while its sustenance would pave the way for a potential year-end rally, positioning AAVE as one of the standout assets in the cryptocurrency landscape.

After a significant 8.45% single-session drop to $0.33, LDO is pinned against its lower Bollinger Band with stochastics kissing zero and retail traders piling short positions. This technical setup suggests either a coiled snap-back rally or further downside potential, with the next few days likely to determine the immediate direction. The current technical analysis indicates that the next 30 days will be critical in defining LDO's trajectory throughout 2026. With the token trading in oversold territory and market sentiment extremely bearish, investors are closely watching for potential trend reversals. As an Ethereum staking protocol, LDO faces a pivotal moment that could significantly impact its market performance in the coming years.

Galaxy Research, the research arm of crypto investment company Galaxy Digital, has identified 1,196 addresses that lost 1,082.65 Bitcoin, worth approximately $70.2 million, during a 41-minute window related to the Coldcard wallet incident. This analysis significantly expands the initial loss estimates, which had been pegged at 594.48 Bitcoin valued around $38 million.

The Bitcoin movements were traced between 1:10 AM and 1:51 AM UTC on July 30 across blocks 960,183 to 960,191, approximately 30 hours before Coldcard published its first security advisory. The Coldcard incident, Bitcoin security, hardware wallet vulnerability, cryptocurrency theft, Galaxy Digital, blockchain analysis continues to raise concerns about the security of hardware wallets and the need for better communication protocols during security emergencies.

Technical analysis of the CRV token reveals a critical compression scenario, with all short-term moving averages converging at a single point of $0.21. The token is hugging its lower Bollinger Band at $0.2057, indicating that volatility compression has reached its maximum. Smart money is already positioned long, anticipating a significant movement.

This moment of technical indecision is crucial for cryptocurrency investors, as a breakdown or bounce could occur at any moment. The proximity of moving averages and the position at the lower Bollinger Band suggest the market is at a tipping point. Traders should closely monitor the next moves, as the direction chosen by CRV could influence the entire DeFi ecosystem, particularly in the stablecoin segment.

TON (The Open Network) is facing a critical stagnation scenario, with its price stuck at $1.60 as the MACD indicator approaches zero. Technical analysis reveals the token is trading below all significant short-term moving averages, with reduced spot volume exposing an overextended futures positioning structure. Crypto traders are closely watching the critical $1.55 support level, which represents the last line of defense before a potential breakdown.

The combination of weak spot liquidity and excessive futures positions creates a high-volatility environment for TON. Analysts warn that a break below $1.55 could trigger a cascade selling, with potentially profound consequences for the TON ecosystem. Meanwhile, the 7-30 day period becomes crucial to determine whether the token will break resistance or confirm the downtrend, with investors closely monitoring price movements and technical indicators.