Gaoshi Zaomiao: Additional budget expenditure will exceed 3 trillion yen

According to Arkham monitoring, Bhutan recently transferred 90 bitcoins (approximately $7 million) to a Segwit address, which may be used for sale or transfer to other entities. Since the beginning of this year, Bhutan has transferred a total of $237 million in Bitcoin from its wallet to Segwit addresses, and currently holds approximately $233 million in Bitcoin.

Bitwise consultant Jeff Park stated that the cryptocurrency industry is currently in a "middle ground" of development, similar to the AI field in 2015. He believes that the fundamental value of unlicensed currencies has been understood, and the ultimate outcome of on chain capital markets is relatively clear, but the lag in institutional infrastructure has become the main obstacle, including AML/KYC compliance, offshore capital pipelines, bank risk control models, etc. He also pointed out that Bitcoin is a currency experiment born from technological evolution, and most cryptocurrency projects are technology experiments born from currency evolution. The ultimate winning ideology will be "technological financialization".

The popularity ranking shows that ETH's popularity has increased, with 4.03 million followers. The popularity ranking is as follows: ① HYPE （$63.68，0.44%） ② ZEC （$659.15，3.45%） ③ NEAR （$2.39，0.84%） ④ BSB （$0.8518，-31.86%） ⑤ ETH （$2119.10，-0.07%） The purchasing power of ETH's main funds is weak, with a net inflow of $3391100 within 24 hours and a transaction volume of $2.244 billion within 24 hours, of which the main funds have a net outflow of $84.5215 million.

In the past 7 days, over $25 million in assets have been transferred from other blockchains to Solana. （SolanaFloor）

According to Hyperinsight monitoring, the giant whale with address 0xebe has long 476.4 BTC on Hyperliquid with 5-fold leverage today, with a holding value of approximately $369 million and an average opening price of approximately $76700. At present, the floating profit is 367000 US dollars (+4.7%). The giant whale has set a stop loss price of 73800 US dollars. If the stop loss is triggered, it will passively close the position at a loss of about 137 million US dollars, with a principal loss rate of about 18.8%.