Monitoring data shows that the total market liquidation amount in the past 24 hours was 1.87 billion US dollars, with long positions accounting for 87%; The open interest (OI) of BTC and ETH have both decreased, with BTC OI at $58.55 billion and ETH OI at $32.72 billion. Taking Binance BTC data as an example, the ratio of 24-hour long short accounts is 2.67:1, and the ratio of top traders is 3.38:1. Most exchanges maintain positive funding rates, with the majority of long accounts (2.5-3:1), but trading volume has shifted towards short dominance, accounting for 52%. (Auntie Ai)

[Nakamoto Transfers 1,003 BTC to Cobo as Collateral for $250 Million Financing] Arkham data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for the previously announced $250 million convertible bond financing. This marks the company's second BTC collateral addition this week, with the bond issuance price set at Bitcoin's all-time high of $124,000. As market prices decline, margin pressure is becoming evident.

[Independent Miner Successfully Mined Block 924569 with 1.2 TH/s Hashrate] An independent Bitcoin miner successfully mined block 924569 with a hashrate of 1.2 TH/s, earning a block reward of 3.146 BTC, equivalent to approximately $266,000 at the current price. Based on the reported hashrate, the probability of successfully mining a block was approximately 1 in 1.2 million per day.

[Analyst Says Approximately 20,000 BTC Flowed Into Exchanges Over the Past Week] Analyst Ali (@ali_charts) posted data on the X platform showing that approximately 20,000 BTC were sent to exchanges over the past week, with a total value of around $2 billion.

[Ethereum Co-Founder Joseph Says Public Companies' Disclosure of Increased Cryptocurrency Holdings Is Lagging] Ethereum co-founder Joseph Lubin posted on the X platform, stating that recent documents show institutions are steadily increasing their positions in SharpLink. He pointed out that although the stock and crypto markets are adapting to the current macro environment, the lag in information disclosure makes signs of growing institutional confidence easily overlooked. He believes tokenized stocks could provide clearer real-time transparency.