On August 20, a series of remarks 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 last night suggesting a bottoming strategy, stating, '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 a day prior, expressing optimism about the development prospects of Robinhood's blockchain and stock token DeFi. There are also reports of suspected insider whales accumulating positions early; according to TradingBeats, a whale (0x8447A06F34e251ABeb55A0B7d5e01554F5072E0D) began accumulating 10,657 ETH (valued at $20.7 million) starting August 17, directly depositing it into staking. The Duquesne family office, formerly associated with Fed Chair Waller, submitted its first 13F filing to the SEC for Q2 2026, revealing a position of $23 million in HYPE treasury company Hyperliquid Strategies Inc (NASDAQ: PURR) as of June 30.