Bitcoin treasury firm Imperi Digital sold 1,635 bitcoin for $102.2 million between July 1 and Aug. 6, cutting total holdings to 1,279 BTC. Of that, 954 BTC is restricted as collateral for $35 million of debt, leaving 325 BTC freely usable. The company previously sold bitcoin to meet cash needs and repaid borrowings. Loan terms require a 174 percent collateral ratio, with margin-call and liquidation triggers.

About 71.9 percent of 1,539 cryptocurrencies that at some point entered the top 100 by market capitalisation have effectively disappeared from the market, according to research disclosed by CryptoRank. CryptoRank classed a token as dead if it was delisted from major exchanges or if daily trading value stayed below $10,000 for more than 90 days. The estimated probability of disappearance rises to 62 percent within five years.