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The SEC is expected to issue an innovation exemption for the crypto industry. The UK "Digital Assets and Other Property Act" has come into effect. BlackRock's CEO revealed that sovereign wealth funds are buying bitcoin. Bank of America recommends clients allocate to crypto assets. Bitcoin selling pressure is nearing its end. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.
In recent days, an article titled "I Wasted Eight Years in the Crypto Industry" has garnered over a million views and widespread resonance on Twitter, directly addressing the gambling nature and nihilistic tendencies of cryptocurrencies. ChainCatcher now translates this article for further discussion and exchange.
The article discusses the concept of modular blockchains and Ethereum's performance improvement through the Fusaka upgrade. It analyzes the challenges faced by DA layers such as Celestia and highlights Ethereum's advantages. The summary was generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated.
- 15:23A hardcore bearish whale’s 20x leveraged BTC short position is now over $20 million in unrealized profit.Jinse Finance reported that according to Hyperbot data, as the price of bitcoin briefly declined, the "die-hard short" whale (0x5D2...9bb7), who had previously shorted BTC four times in a row, now has a floating profit of over $20 million on a 20x leveraged BTC short position. The current position is about 860 BTC, with a liquidation price of $101,746.
- 14:45After closing out a loss on an ETH long position, "Maji" goes long again with 2,100 ETH.According to Jinse Finance, on-chain analyst Ai Yi has monitored that ETH dropped to $2,900, and "Maji" closed his ETH long positions at a loss, incurring a loss of $738,000. However, he went long again with 2,100 ETH ($6.18 million). After his account balance once rebounded to $3 million, it currently has only $227,000 left.
- 14:44Data: $157 million liquidated across the network in the past hour, mainly long positionsAccording to ChainCatcher, there have been liquidations totaling $157 million across the entire network in the past period, with long positions accounting for $155 million and short positions accounting for only $2.45 million.