[Wintermute: Macro Factors Dominate Crypto Market, Underlying Structure Trending Healthier] Market maker Wintermute stated that BTC briefly stabilized last week due to a clearer market positioning structure, but this trend was quickly disrupted by the shock from the Bank of Japan. Although macro factors continue to dominate market movements, the underlying market structure has reached its healthiest state in weeks, with leverage consistently declining, basis and funding rates fully reset, and spot market liquidity performing well. Alternative narratives have weakened, and the strong performance of low-market-cap coins was short-lived, but the vulnerability of mainstream cryptocurrencies in trading may be reduced. This month's dense schedule of macro events will determine market direction, but the prerequisites for market consolidation are already in place.

Monitoring shows that the giant whale, which has shorted BTC four times in a row since March 2025, reduced its position by 20 BTC 15 minutes ago and made a profit of $501000. This year, we have accumulated a profit of over 57.58 million US dollars, with a remaining 1081.98 BTC short position floating profit of 26.83 million US dollars. The opening price is 1114993 US dollars, and we have paid over 9.425 million US dollars in funding fees; There is currently a limit buy price of 1300 BTC in the range of $67244 to $67844. (Auntie Ai)

[Sahara: Token Price Volatility Related to Large Perpetual Contract Liquidations and Short Positions] Sahara stated that AmberGroup and HerringGlobal, as Sahara's designated market makers, have exhibited no abnormal behavior. All Sahara token smart contracts are completely secure and have not been altered, with token management and custody controlled by the foundation. Based on existing data, the significant price volatility was primarily caused by forced liquidations of large perpetual futures contracts and a substantial number of short positions during the event. Sahara is currently communicating with relevant trading platforms and collecting detailed transaction data. An update will be released after the review is completed and the information is verified.

[UK Government Considers Banning Cryptocurrency for Political Donations] The UK government is discussing whether to ban the use of cryptocurrency for political donations to prevent foreign interference in the political donation system. The UK Reform Party has become the first British political party to accept cryptocurrency donations. Led by Farage, the party views cryptocurrency donations as part of its 'crypto revolution' pledge and has already received its first batch of crypto asset donations. Although the upcoming Electoral Act policy document does not mention such a ban, multiple informed sources have revealed that officials are exploring this possibility. Farage himself has long held crypto assets and has expressed support for the UK crypto industry.

Bank of America, with assets of $3.2 trillion, recommends investors allocate 4% of their assets to Bitcoin. （The Bitcoin Historian）