According to analyst Darkfost, since September 2025, the inflow of stablecoins into Binance's million dollar whale market has decreased from approximately $62 billion per month to $33 billion, significantly reducing the participation of the whale in the cryptocurrency market. He pointed out that the decrease in stablecoin inflows indicates that large amounts of capital are exiting the market, and monitoring whales remains an important way to measure potential market sentiment. At present, the US Iran conflict and its chain effects have increased market uncertainty, making risk management particularly important.

[EU Evaluates Unified Tax Policy for Crypto Industry] According to Politico, documents submitted by the European Commission to member states and the European Parliament reveal that the EU is assessing the possibility of incorporating the crypto industry into a unified tax system to identify new revenue sources for the 2028–2034 budget cycle. The documents estimate that imposing a 0.1% tax rate on crypto asset transaction volumes could generate approximately €3 billion to €4 billion in annual revenue; taxing crypto capital gains could yield an estimated €1 billion to €2.4 billion annually. However, due to incomplete data, revenue forecasts remain uncertain. The proposal requires unanimous approval from all 27 EU member states and is currently in the evaluation phase.

According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 1.282 billion US dollars, of which 679 million US dollars were bought and 602 million US dollars were sold, with a transaction difference of 76.5955 million US dollars ETH: Accumulated transaction volume of 758 million US dollars, including buy transaction volume of 384 million US dollars and sell transaction volume of 373 million US dollars, with a transaction difference of 10.8884 million US dollars The latest data shows that the main players still have a layout in key price points: the net pending difference of BTC is 39.8177 million US dollars; The net spread of ETH pending orders is 267 million US dollars. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.

According to the popularity ranking, HYPE ranks first in popularity, while HEI has the largest increase. The popularity ranking is as follows: ① HYPE （$66.49，5.01%） ② ALLO （$0.2865，8.40%） ③ XLM （$0.2473，15.94%） ④ LAB （$6.87，39.35%） ⑤ ETH （$2015.72，0.03%） HEI's main funds have weak buying power, with a net inflow of $14547200 in 24 hours and a transaction volume of $723 million in 24 hours, of which the main funds have a net outflow of $18700.

Robinhood announced that it has become the core technology and service support provider for the "Trump Account" investment plan, which was officially launched on Thursday of this week. Robinhood also collaborates with institutions such as BNY to build infrastructure, with the goal of attracting millions of underage users as the 'first investment gateway'.