PANews reported on July 16 that according to the monitoring of on-chain analyst @ai_9684xtpa, the address 5nESb...zRg4s spent $818,000 to buy 20.34 million ANI in the past half hour, with an average cost of $0.04009, and currently has a floating profit of $194,000. This address has become the single address with the largest purchase volume in the past 24 hours. Due to Musk's tweet to name a male partner for Grok, the market value of ANI has briefly exceeded $50 million.



Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.Read more