BTC falls below the $109000 mark

Foresight News reported that digital asset investment company Hilbert Group AB (NASDAQ stock code: HILB B) announced the launch of a comprehensive cryptocurrency funding strategy with Bitcoin as the main reserve asset. The plan has been unanimously approved by the board of directors, and the strategy will be supervised by a dedicated finance committee chaired by Chief Information Officer Russell Thompson. The company will launch a dedicated transparency dashboard that provides real-time visibility of cryptocurrency asset holdings, demonstrating its commitment to stakeholder transparency.

BlockBeats News: On July 4th, according to the monitoring of Ashes, the famous ETH/BTC exchange rate bull James Fickel (@ jamesfickel) transferred 30000 ETH to Coinbase Prime and 50000 ETH to a Coinbase Prime custody address 20 minutes ago. He was long on the ETH/BTC exchange rate throughout last year: by pledging ETH to lend BTC, and then selling BTC to exchange for ETH to continue pledging. He lost 20632 ETH on the ETH/BTC exchange rate by long trading.

According to Foresight News, PeckShield Alert monitoring shows that the Ethereum Foundation EFDev has internally transferred 1000 ETH (approximately $2.55 million) to addresses starting with 0xc061. The address currently holds 16000 ETH (approximately $40.8 million).

According to Foresight News, according to @ ai_9684xtpa monitoring, a certain ETH whale/institution has cumulatively recharged 38100 ETH to major exchanges in the past six days, with a total value of 94.198 million US dollars. The address has distributed 39700 ETH to 8 addresses since June 27th, and subsequently these ETH have been dispersed to dozens of new addresses for exchange recharge operations in the past week, with unknown purposes.

The OKX H/USDT perpetual funding rate is currently -1.21%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.