News linked to this event type.
Odaily News: According to Onchain Lens monitoring, a trader opened a new 15x long position on BRENTOIL after cumulative losses of approximately $2.49 million. After BRENTOIL surged over 7.9%, the trader established a position of approximately $2.6 million. The account equity is around $568,900, with available margin at $0.
according to Onchain Lens monitoring, a Hyperliquid trader's approximately $1.56 million short position on BRENTOIL was fully liquidated due to a 7.99% rise in the price of Brent Oil over the past few hours. The total realized loss from the two liquidation transactions was approximately $38,100.
According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the U.S. government wallet deposited 3,941 BTC (approximately $244 million) and 30,007 ETH (approximately $53.09 million) into Coinbase Prime over the past 8 hours, with a total transfer amount of approximately $297 million.
According to The Block, Mizuho Bank analysts noted that while Circle's approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank helps enhance its compliance credibility, it is insufficient to resolve current core pressures—the continued shrinkage of USDC market cap and increasingly fierce competition from Open USD—which still constitute a significant drag on $CRCL stock price.
According to on-chain analyst Yu Jin monitoring, 5 hours ago, a US government address transferred 3,940.7 BTC and 30,007 ETH to Coinbase Prime, valued at $244 million and $53.09 million respectively, for a total value of $297 million. The US government address currently still holds approximately $20.5 billion in crypto assets, including 325,000 BTC, 145 million USDT, 28,000 ETH, and 62,000 BNB, valued at $20.2 billion, $145 million, $50.35 million, and $35.38 million respectively.
Odaily reports, according to Onchain Lens monitoring, a whale withdrew 30,100 ETH (worth $52.84 million) from Coinbase Prime to a new wallet.
Odaily reports, according to Onchain Lens monitoring, a Hyperliquid whale holds nearly $58 million in positions, with 93.2% being net shorts. The largest positions include a $13.31 million XYZ100 short, an $11.32 million USOIL short, a $10.03 million UKOIL short, a $3.77 million SP500 short, and a $3.68 million NGAS short. A few hours ago, this whale also opened a $3.43 million SKHX long position, with a historical PnL of a $4.77 million profit.
Odaily Strategy sold nearly $467 million worth of MSTR common stock last week but did not increase its Bitcoin holdings. Analysts believe this indicates that the company is implementing its recently proposed Digital Credit Capital Framework and beginning to prioritize strengthening its balance sheet, rather than solely pursuing short-term BTC accumulation.According to the latest filings, Strategy has increased its U.S. dollar cash reserves to $3 billion, while its Bitcoin holdings remain unchanged at 843,775 BTC. Both Benchmark and TD Cowen believe this move strengthens the company's balance sheet and helps boost market confidence in its preferred equity financing model.TD Cowen reiterated its "Buy" rating and $260 price target for Strategy stock, stating that this operation is an early signal of management executing the new capital allocation framework. The firm noted that Strategy's choice to expand dollar reserves and pause Bitcoin purchases demonstrates a greater emphasis on balance sheet discipline rather than maximizing short-term BTC accumulation.Benchmark also maintained its "Buy" rating with a $570 price target. On Monday, Strategy's stock price traded at approximately $91.50, near its long-term low. Overall, analysts believe that amid pressure on preferred equity financing tools like STRC and market focus on dividend coverage capacity, Strategy's increase in cash reserves may help alleviate investor concerns regarding a forced sale of BTC.
A wallet associated with the US government transferred 140.214 Bitcoins to Coinbase Prime after remaining dormant for about 4 years, valued at approximately $8.79 million at the time.
: Amid the escalating situation between the United States and Iran, Bitcoin continues to face pressure, with its price briefly approaching $62,000 as risk assets experience widespread selling pressure. Data shows BTC/USD is declining, and JDK Analysis notes that Bitcoin's current price trend is "very weak," with a large amount of short capital betting on further declines, potentially making the $60,000 area a market focus again.However, if new spot buying emerges and key support levels hold, a significant number of shorts could face a squeeze. Some traders remain bullish, with trader Roman pointing out that multiple technical indicators, including the current RSI and trading volume, suggest the market may be experiencing downside exhaustion. He believes Bitcoin still has the potential to rebound to the $70,000 to $75,000 range in the future.
analyst Fiona posted on X platform, stating that in light of the recent semiconductor landscape, the upcoming earnings reports of TSMC and ASML this week are particularly significant. Today, TSMC's June revenue report showed a year-on-year revenue increase of 67.9%. FundaAI believes that TSMC's gross margins for the second and third quarters are likely to exceed market expectations, with the Q2 gross margin potentially reaching 68.4%. It is expected that TSMC's advanced process capacity expansion will accelerate noticeably by 2027, partly due to the increase in ASML's EUV production capacity.
Goldman Sachs raised SanDisk's price target from $1,200 to $2,200 and reiterated its "Buy" rating
Odaily Bitcoin has been declining since October last year, with its current price hovering around half of its all-time high of $126,000, indicating the market remains in a deep bear phase. Multiple industry analysts believe the current pressure on Bitcoin stems primarily from three factors: the four-year cycle, macroeconomic inflationary pressures, and market leverage liquidations.Matt Hougan, Chief Investment Officer at Bitwise, stated that Bitcoin's long-standing "four-year cycle" continues to influence investor psychology. Historically, Bitcoin typically undergoes approximately three years of an upward cycle followed by a one-year correction period. Investors have developed cyclical expectations and began reducing some long-term holdings towards the end of 2025.Additionally, the macroeconomic environment is a significant drag on Bitcoin. Zach Pandl, Head of Research at Grayscale, pointed out that rising inflationary pressures in the US have weakened market expectations for interest rate cuts. Investors are shifting towards higher-yielding traditional assets, leading to capital outflows from risk assets, including cryptocurrencies. The short-term bottom is estimated to be around $58,000, with future trends still influenced by interest rate policies, corporate Bitcoin buying behavior, and progress in US crypto regulatory legislation.Excessive market leverage has also exacerbated this correction. As a large number of investors expanded their Bitcoin exposure through borrowing and financing during the bull market, derivatives open interest has declined as the market weakened. Digital asset treasury companies have also come under pressure. Strategy's stock price has fallen approximately 75% since October last year, and its previously promoted model of corporate Bitcoin accumulation is facing renewed market scrutiny.However, some analysts remain optimistic about Bitcoin's prospects. Adrian Fritz, Chief Investment Strategist at 21Shares, predicts that Bitcoin may bottom out this summer, rebound after interest rates shift towards easing and geopolitical conflicts ease, with a year-end price target of $100,000. (Fortune)
: Matt Cole, CEO of Bitcoin treasury-listed company Strive, disclosed the latest accumulation operation. The company purchased 18 Bitcoins for $1.2 million this time, with an average purchase price of $64,028. After this increase, Strive's total Bitcoin holdings have reached 19,900.
Odaily Odaily Bloomberg ETF analyst Eric Balchunas posted on X, stating that he originally planned to examine how much cash leveraged ETFs have consumed since their launch and compare it to the $750 billion in losses caused by the poor performance of active mutual funds. However, after calculations, he found that these products have actually generated $66 billion in cash for the traders using them. Many leveraged ETFs, such as TQQQ, have risen by 38,000% but still experienced capital outflows, indicating that traders are taking profits. These figures already account for volatility drag and include -2x funds.
Affected by the mutual airstrikes between the US and Iran over the weekend, market risk-off sentiment intensified. Bitcoin has fallen more than 1% since 00:00 UTC on July 13, hovering around $63,000. Meanwhile, Brent crude oil once rose more than 3%, amid market concerns over shipping risks in the Strait of Hormuz and the potential inflationary pressure.
According to Blockaid monitoring, the Lumi Finance protocol on Arbitrum is under attack, and approximately $270,000 in funds have been transferred out so far.
As of press time, the Korean stock SK Hynix contract SKHX on Hyperliquid is currently trading at $1,245.4, with a 24-hour trading volume of approximately $1.021 billion; the US stock ADR contract SKHY is currently trading at $153.69, with a 24-hour trading volume of approximately $136 million.
OdailyOdaily reports that according to Lookonchain monitoring, a trader made over $9 million in profit on Aster in less than a month, a return of 806%. The trader executed only one trade, a 1x short on ESPORTS. On June 18, the trader deposited 1 million USDT into Aster and opened a 1x short position on ESPORTS. The trader has already realized $4.28 million in profit by closing part of the position, still holds a short position of 137.73 million ESPORTS tokens worth $1.95 million, and has an additional $4.77 million in unrealized profit. Subsequently, the trader withdrew $1 million of the initial principal from Aster, with the remaining $9.05 million in the account being pure profit.
It argues that the market hype surrounding South Korean artificial intelligence startups and university research is significantly overestimated, with a significant gap in overall competitiveness compared to China. It suggests that South Korea learn from China's talent introduction pathway, launch a mechanism similar to the "Thousand Talents Plan" to attract overseas Korean talent to return, and actively recruit top international artificial intelligence talent; otherwise, South Korea may gradually become a nation dependent on artificial intelligence technology.