Top fund companies are making efforts to expand their tokenized funds

On July 25th, according to Fortune, Pure Crypto, a cryptocurrency fund, plans to raise funds to create its fourth fund, but the specific size has not been disclosed. Jeremy Boynton, founder of Pure Crypto, and Zachary Lindquist, managing partner, stated that Pure Crypto's first fund launched in 2018 has appreciated by nearly 1000% and is valued at approximately $60 million by the end of 2024.

On July 25th, according to Arkham data, Galaxy Digital currently holds only 13504 BTC on the chain, which is approximately 1.57 billion US dollars. Galaxy Digital has cumulatively transferred nearly 34000 BTC, approximately $4 billion, today, with most of them directly entering the trading platform and being sold, and the selling pressure has been absorbed by the market. Galaxy Digital has withdrawn over 1.3 billion USDT from trading platforms today. On July 18th, a giant whale that had held 80000 bitcoins since the era of Satoshi Nakamoto transferred its last 40192 BTC (approximately $4.83 billion) to Galaxy Digital.

Data from the past 12 hours shows that the total amount of large market price sell orders from the main force reached $211 million, far exceeding buy orders by $157 million, with a net outflow of $53.67 million and a buy to sell ratio of 1: 1.34, indicating a significant short selling trend. Especially the large sell order of $4.37 million at 12:10 further suppressed the upward potential of the price. Based on the current K-line, the price is below the EMA24/52 moving average, confirming the downward trend. At the same time, the KDJ index has recently converged, and there are signs of a rebound in the RSI double bottom pattern, but caution should be exercised against continued selling pressure from the main force. The short-term trend is still dominated by large transactions, and it is recommended to closely monitor the dynamics of member indicators. Open a membership, grasp the main trends, and accurately predict the ups and downs! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

The current price of BTC is $116185.01, with a drop of 1.56% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 395 million US dollars, with multiple main liquidation orders and BTC liquidation of 110 million US dollars (27.84%). The data is for reference only.

According to a report by Golden Finance, the United States District of Columbia Prosecutor's Office announced that Christina Marie Chapman, a woman from Arizona, has been sentenced to 102 months (approximately 8.5 years) in prison for assisting North Korean hackers in infiltrating US cryptocurrency and technology companies using false identities. The prosecutor accuses Chapman of collaborating with North Korean agents to help him obtain remote IT positions at over 300 US companies. These North Korean workers impersonated US citizens and residents, and the program generated over $17 million in illegal income. In addition to imprisonment, Chapman was also ordered to confiscate over $284000 of the funds involved in the case and pay nearly $177000 in compensation. It is reported that this case involves the theft of 68 American identities and the deception of 309 American enterprises and 2 international companies. It is one of the largest North Korean IT staff infiltration cases prosecuted by the US Department of Justice.