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With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.
Which new-generation projects are attempting to break away from the old path of "speculative games"?
On October 14, the U.S. Department of Justice announced criminal charges against Chen Zhi, founder of Cambodia's Prince Group, and successfully seized 127,271 BTC under his control, with a market value of approximately $15 billion. This event marks not only the largest judicial seizure of virtual assets in history, but also a public demonstration of state power directly exercising control over on-chain assets.
What drives the market is not only cold economic data, but also greed, fear, and the unpredictable nature of human behavior.
Overview of key market events on October 15th.
The U.S. Department of Justice has seized 127,271 BTC controlled by Chen Zhi, the founder of Cambodia's Prince Group, with a market value of approximately $15 billion, making it the largest judicial seizure of Bitcoin in the world. The case involves fraud, money laundering, and hacking, demonstrating the state's judicial control over on-chain assets. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
- 03:34Broker B Riley gives Bitmine a "Buy" rating with a target price of $90.Jinse Finance reported that Treasury Edge posted on X, stating that a certain trader has just initiated coverage on Bitmine ($BMNR), giving it a "Buy" rating with a target price of $90.
- 03:34Data: A certain whale transferred 2,238,839 LINK, worth approximately $39,206,203, to a certain exchange.According to ChainCatcher, Whale Alert monitoring shows that about 3 minutes ago, a whale transferred 2,238,839 LINK tokens, worth approximately $39,206,203, to an exchange.
- 03:24The address that was shorting ETH with 25x leverage reduced its position by 3,615.9 ETH one hour ago, incurring a loss of $69,000.According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the address "25x leveraged short ETH" reduced its position by 3,615.9 ETH one hour ago, incurring a loss of $69,000. Currently, the address's ETH short position has dropped to $87.06 million (22,271.47 ETH), with an unrealized profit of $390,000. The entry price is $3,926.95, and the liquidation price is $3,964.83, only $55 away from the mark price.