On-chain sleuth Specter said a wallet that Kimchi publicly shared in an X reply in April 2024 appears to be tied to trades made shortly after several token launches. According to the monitoring data, the wallet bought STAR within the same minute of deployment on May 30, 2024, spending 2.96 SOL, or $407, and later sold for $45,600. On June 11, 2024, it bought DADDY ANSEM two minutes after deployment for 4.94 SOL, worth $730, and later sold for $14,600. On June 26, 2024, it bought MUVA one minute after deployment for 2.9 SOL, worth $407, and later sold for $53,000. Specter also said clustering from an exchange deposit address identified five more wallets involved in the same MUVA launch bundle trade. At the same time, Specter said there is currently no verifiable evidence showing that Kimchi made eight-figure U.S. dollar profits from the TRUMP token.

PANews’ July 27 daily roundup spans regulation, project updates, market commentary, and on-chain flows, with CXMT’s blockbuster stock market debut and several large Ethereum purchases taking center stage. CXMT closed its first trading day up 465.82% at 49 yuan, logged 141.187 billion yuan in turnover, reached a 3.28 trillion yuan market capitalization, and overtook Industrial and Commercial Bank of China to become the largest A-share company by market value. In crypto regulation, the U.S. Commodity Futures Trading Commission said prediction-market operators should not rely on template-style self-certifications for event contracts, while at least 29 overseas crypto exchange apps were reportedly blocked from new installation on Google Play in South Korea. On the project side, Binance Alpha said it would list AEON and offer an airdrop to eligible users, Storj Labs filed for Chapter 11 restructuring, and WEMIX said contract ownership had been compromised, leading to the unauthorized minting of more than 5.22 million WEMIX. On-chain data in the roundup also showed one address buying 9,046.17 ETH and three newly created wallets buying another 25,425 ETH at an average price of $1,968.

A packed 24-hour news cycle brought fresh signals from crypto markets, policymakers, security researchers and public companies. CryptoQuant analyst Axel Adler said Bitcoin’s rebound is still facing four pressures: compressed volatility, weak U.S. spot demand, thin buy-side liquidity and continued loss realization by investors. In Washington, Aave founder Stani said the CLARITY Act has entered the "last mile," arguing that even in imperfect form it could become the first U.S. law to directly address DeFi and give institutions, fintechs and banks a clearer legal path into on-chain finance. In Europe, attention is shifting from winning a MiCA license to paying the ongoing cost of compliance. Market participants cited in the report said that dynamic could push the sector toward consolidation, including mergers, joint ventures and bank partnerships, with the U.K. likely to follow a similarly strict path through its own framework. Binance founder Changpeng Zhao, meanwhile, said acquisitions of smaller centralized exchanges remain possible, but post-deal security incidents are hard to attribute, making due diligence and risk controls much harder. Other major developments included updated figures on public-company Bitcoin holdings, Lido’s response to a stETH reward calculation issue, Cascade’s statement that funds tied to the CLS incident had been recovered, and new reports on wallet-targeting malware campaigns and U.S. crypto seizure actions.

The TRUMP team has moved a large batch of tokens into centralized exchanges, according to on-chain monitor Ember. BlockBeats reported on July 26 that tokens previously unlocked and transferred out from a TRUMP team address have now reached CEX platforms. The transfer involved 13.8 million TRUMP tokens, valued at about $21.94 million based on the figures cited in the update. The tokens were sent roughly 15 minutes before the report and were deposited into Binance, OKX, and KuCoin. The update did not provide more details on the purpose of the transfers.

PANews’ July 25 daily roundup collected a broad set of crypto regulatory, market, project, funding, and data developments, led by two market signals: analysts said stablecoin inflows to exchanges have fallen to their lowest level of 2025, while U.S. spot Bitcoin ETFs recorded a combined net outflow of $240 million on July 24, with BlackRock’s IBIT accounting for $212 million of that figure. The report also covered a Hong Kong court sentencing Xiao Rui, son of former Wuhan supervisory official Xiao Jun, to six years and nine months in prison in a money-laundering case involving more than HK$64 million; Thailand’s SEC filing criminal complaints against Bitkub Online and two former directors over disclosures tied to a 2021 theft; and India’s move to ask GitHub to remove repositories for Bitchat, an offline messaging app backed by Jack Dorsey. On the project and corporate side, PANews highlighted Robinhood’s talks with Crypto.com on prediction markets, Across Protocol’s post-mortem on a relayer incident, LayerZero’s plan to wind down support for 20 low-activity chains, Phantom’s scheduled end of support for Monad, BlackRock’s transfer of about 3,126 BTC to Coinbase Prime, Circle’s mint of 250 million USDC, and World Foundation’s $52.5 million strategic WLD sale led by Pantera Capital. The roundup also included updates on Anduril, LMAX, B2C2, Capital Group, ARK, Kinetic Group, Bitcoin volatility, and Hyperliquid buybacks.

The TRUMP team recently transferred about $16.91 million worth of TRUMP tokens to three Fireblocks Custody addresses, according to monitoring cited by Techub News from @arkham. The addresses had previously received TRUMP tokens as well, and earlier flows from those wallets were sent on to Bitgo. On-chain records show that the historical transaction pattern tied to this batch of addresses may be related to token unlock distribution. No additional timing details or wallet-level breakdowns were disclosed in the source note. The update was published as a short market-moving item under Techub’s whale movement category.

According to Odaily, Donald Trump said he would "do it again" and described another presidential run as something that "should be easy." He also said he was "getting better and better at running for president" and added, "I won 3 times." After making those remarks, Trump put on a hat printed with "TRUMP 2028." He also said the second election was "a rigged election." The remarks and the hat appearance quickly drew attention because they pointed to the possibility of another White House bid in 2028, while also repeating his claim about the second election. The report did not provide additional context beyond the quoted comments and the brief description of the hat.

ChainCatcher reported that on-chain analyst Ember tracked a transfer from a TRUMP team token address, which unlocked and moved 10.837 million TRUMP roughly 45 minutes earlier. The batch was valued at $16.91 million at the time of the transfer. The report also noted that, based on the previous two unlock-and-transfer events, the tokens typically move to BitGo first and then flow to centralized exchanges including OKX. The update was presented as an on-chain observation and did not include any added explanation beyond the wallet movement pattern seen in earlier cases. For market participants, the key facts are the size of the transfer, the estimated dollar value, and the addresses and venues mentioned in the monitoring note.