Short term holders panicked and sold 148000 bitcoins, resulting in losses. Currently, there are still 93000 bitcoins active in the market, and some analysts believe that if this level is breached, the price may fall below $90000. (Cointelegraph)
Monitoring shows that a giant whale deposited $4.36 million into HyperLiquid and opened a short position in MON with triple leverage, while placing orders to further increase the position. Previously, the giant whale made a profit of 3.4 million US dollars through multiple transactions. (Onchain Lens)
[UK Considers Retaliatory Measures Against EU Steel Tariffs]
The UK is considering taking retaliatory measures against the EU's implementation of steel tariffs.
The Trump administration is reviewing a proposal that would allow the Internal Revenue Service (IRS) to access and tax overseas cryptocurrency account data of US citizens. (Watcher.Guru)