On-Chain Events Calendar (Issue 23 · Week 31, 2026)

01Important Events of Today

On July 26, 2026, the Federal Reserve decided to hold its course. However, due to concerns over the Middle East situation and inflation, market expectations of interest rate hikes after September surged to between 38% and 55.2%, exacerbating volatility in U.S. bonds and dragging down stock markets, which forced investors to turn to defensive assets. On the same day, MicroStrategy disclosed holding 843,000 Bitcoin coins, with its dollar reserves rising to $3.75 billion, and an impairment rate of 13.9%, demonstrating institutional confidence in long-term BTC allocation. In terms of capital flows, Wall Street institutions saw net outflows from Hyperliquid ETFs for three consecutive weeks, while there were net inflows of over $300 million into spot Ethereum ETFs, signaling a shift in risk appetite and a growing preference for regulatory certainty. Additionally, on July 25, an address linked to Trump’s team unlocked and transferred over 10.83 million TRUMP tokens, worth approximately $16.91 million, raising concerns among the market about potential selling pressure.

02Token Unlock Reminder

The following data was collected by the system, showing a total of 15 token unlocking records.

03Macroeconomic Calendar

On 2026-07-28, at the macro level, the Federal Reserve decided to hold its course. However, due to inflation driven by the Middle East situation, market expectations of interest rate hikes in September surged to 55.2%, leading to a sharp rise in U.S. bond yields and a significant drop in stock markets. Institutional capital flows experienced a notable reversal, with net outflows from Hyperliquid ETFs for three consecutive weeks, only to turn into net inflows of over $300 million into spot Ethereum ETFs, reflecting a preference for regulatory certainty. MicroStrategy (MSTR) revealed it held 843,000 Bitcoin coins, with its dollar reserves increasing to $3.75 billion, underscoring institutions’ confidence in long-term holdings. Additionally, Trump’s team unlocked and transferred 10.837 million TRUMP tokens, worth approximately $16.91 million, which appears to be a prelude to potential selling. This week, multiple tokens such as SUI and EIGEN are facing large-scale unlocks, with a total value exceeding $15 million, putting short-term liquidity under pressure.

04Operation suggestions

Operational Recommendations and Risk Warnings

Operational Recommendations

• Liquidity Protection: The current price of HYPE is $56.00, with approximately $602 million in unlocked selling pressure scheduled for July 29, 2026. If the 24-hour trading volume falls below $400M, adopt a cautious defensive stance this week to avoid being hit by concentrated sell-offs.
• Response to Macro Events: Central banks in the U.S. and Japan will release interest rate decisions this week. If the current price of BTC at $63,718.00 drops below $63,000 accompanied by rising volatility, consider reducing positions in stages over the next two weeks to mitigate risks associated with macroeconomic uncertainty.
• Tracking Sector Rotation: A large portion of SUI tokens will become available for trading this week. If the current price of SOL at $74.12 manages to stabilize above $75 and shows positive growth over the past 7 days, pay attention to potential capital flows back into Layer1 assets this month.

Risk Warnings

• Unlocked Selling Pressure: Over $38 million worth of tokens from various projects will become available for trading this week; be vigilant against sudden price crashes caused by liquidity shortages.
• Sentiment Reversal: The market sentiment index once dropped by 15.6 points abruptly. If the sentiment score falls below 40, be on guard against the spread of panic-driven sell-offs.