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On September 8, according to GMGN market data, the BSC ecosystem chain has seen high activity today, with new meme coins Jobless and Bdog showing active trading volumes. As of press time, Jobless has been online for 13 hours, with a trading volume exceeding $11.8 million and a current market capitalization of $4 million. Bdog has been online for 11 hours, with a trading volume exceeding $9.9 million and a current market capitalization of $1.5 million. Meme coins have no actual utility and their prices are highly volatile, so users should invest with caution.

According to a report by Jinse Finance, as disclosed by Cointelegraph, analysts say that bitcoin whales have sold up to $12.7 billions worth of bitcoin over the past month. If the sell-off continues, it could further suppress its price in the coming weeks. CryptoQuant analyst "caueconomy" pointed out last Friday: "The trend of major bitcoin network participants reducing their holdings is intensifying, reaching the largest token distribution of the year." They added that over the past thirty days, whale reserves have decreased by more than 100,000 bitcoins, which "indicates a strong risk-averse sentiment among large investors." This selling pressure "is punishing the price structure in the short term," ultimately pushing the price below $108,000. According to CryptoQuant data, as of last Saturday, this was the largest whale sell-off since July 2022, with a 30-day change of 114,920 bitcoins, valued at approximately $12.7 billions at current market prices.