BTC perpetual open position of 6.01 million pending orders, may guide price direction, please pay close attention

[CoinFund Spins Off Liquidity Strategy Business to Focus on Venture Capital] CoinFund has announced the spin-off of its liquidity strategy business into an independent company, led by Seth Ginns and Chris Perkins, who will step down from their operational roles at CoinFund after the transition is complete. Moving forward, CoinFund will focus on seed-stage and growth-stage Web3 project investments, managed by Jake Brukhman, Alex Felix, and David Pakman. According to the official statement, this move aims to allow the two investment strategies to focus on their respective developments and better serve LPs and Web3 entrepreneurs.

On chain monitoring shows that the giant whale, valued at 230 million US dollars, has seen multiple orders rebound from a floating loss of 74 million US dollars half a month ago to a floating profit of 26.82 million US dollars, with a rebound amount exceeding 100 million US dollars. At present, the total value of the whale's holdings is $825 million, with a leverage ratio of 3.2 times, including 203000 ETH ($660 million, floating profit of $21.1 million), 1000 BTC ($92.56 million, floating profit of $1.05 million), and 511000 SOL ($71.26 million, floating profit of $4.65 million). (Ashes)

[Hong Kong SFC Fines Saxo Markets HKD 4 Million for Improper Distribution of Virtual Asset Products] The Hong Kong Securities and Futures Commission (SFC) announced a fine of HKD 4 million against Saxo Markets (Hong Kong) Limited and issued a reprimand. Between November 1, 2018, and November 25, 2022, Saxo Markets distributed virtual asset funds and related products not approved by the SFC to retail clients through its online trading platform. This involved a total of 1,446 transactions covering 32 virtual asset products, including 21 exchange-traded derivative products. The SFC investigation found that Saxo Markets failed to assess whether clients possessed relevant investment knowledge and did not provide sufficient information or warning statements, thereby violating the SFC circular guidelines.

Peter Thiel stated that Bitcoin is the most honest and efficient market in the world. （Bitcoin Archive）

[Coinbase to Remove ETH-DAI and Other Trading Pairs] Coinbase officially announced that it will remove the ETH-DAI, FLOW-USDT, and MANA-ETH trading pairs at 12:00 PM Eastern Time on January 7, 2026, to improve overall market health and concentrate liquidity. Coinbase Advanced users in eligible regions will still be able to trade ETH, FLOW, and MANA on USD order books.