A series of remarks and actions by Donald Trump on Aug. 19 triggered a sharp rally across the crypto market and may become a signal that the bear-market bottom is forming, BlockBeats reported on Aug. 20. Before the move, CZ posted at 7:36 p.m. that investors should consider whether their future selves would appreciate today’s decisions, while stressing he was not predicting a bottom and suggesting a one-year time horizon. Arthur Hayes also announced on Aug. 18 that he would end his retirement to lead crypto AI project Flop Labs and launch the FLOP token. On-chain data monitored by TradingBeats showed a suspected whale, wallet 0x8447A06F34e251ABeb55A0B7d5e01554F5072E0D, accumulating 10,657 ETH worth a total of $20.7 million from Aug. 17 and depositing the holdings directly into staking (locking crypto to earn network rewards).