On August 20, a series of statements and actions by Trump triggered a surge in the cryptocurrency market, which could have profound implications and may signal a market bottom. Notably, several prominent figures had hinted at this beforehand. CZ tweeted at 7:36 PM yesterday, suggesting a bottom-fishing strategy: 'If you want your future self to thank you for what you did today, then... (I am not predicting any bottom. No one can do that. But try to adopt a one-year time horizon.)' Arthur Hayes also made headlines on the 18th by announcing his return from retirement to lead the crypto AI project Flop Labs and launch the token FLOP. Additionally, Vlad Tenev, co-founder of Robinhood, who participated in the 819 summit alongside Trump, published a lengthy article the day before, expressing optimism about the development prospects of Robinhood's blockchain and stock token DeFi. There are also indications of insider whales accumulating positions ahead of the surge. According to TradingBeats, a whale (0x8447A06F34e251ABeb55A0B7d5e01554F5072E0D) began accumulating 10,657 ETH (valued at approximately $20.7 million) starting August 17, directly depositing it for staking. The Duquesne family office, previously associated with Fed Chair Waller, disclosed in its 13F filing to the SEC for Q2 2026 that it had built a position of $23 million in HYPE Treasury Company Hyperliquid Strategies Inc (NASDAQ: PURR) as of June 30.