B. Riley lowers Coinbase target price to $203

Adam Back said in the Proof of Talk activity that Bitcoin can be regarded as the Internet in the financial field. （Cointelegraph）

[Binance ETH main trader trades $17.76 million limit order, far exceeding recent levels in scale] A sudden large-scale limit order by main funds raises unusual market dynamics...

According to Lookonchain monitoring, pension usdt-eth incurred losses from short positions in BTC and ETH two months ago, with unrealized peak losses exceeding $20 million; 5 days ago, its ETH short position turned into profit and closed, earning $113 million; At present, its 1400 BTC short positions worth $971 million have also been converted into profits.

According to Hyperinsight monitoring, a trader on Hyperliquid was long on MRVL with 3x leverage, and the stock price was $222.69 at the time of opening the position. As of the time of writing, this long order has a floating profit of 880000 US dollars within 15 hours, with a principal return rate of 66.8%, making it the largest long position on the platform MRVL. The stock price of MRVL rose to $274 before the US stock market opened. At the Taipei International Computer Show, Huang Renxun talked about the collaboration between NVIDIA and Marvel in the field of AI data center connectivity, stating that 'this is the next trillion dollar company'. Address: 0x577a... 9895fd2

According to Ashes Monitoring, Tether's BTC reserve address transferred 204.3 BTC (worth approximately $144 million) to Bitfinex three hours ago. This address has been using 15% of the company's profits to purchase BTC since 2023, holding 96900 BTC (worth approximately $6.72 billion), making it the fifth largest BTC wallet address. The average purchase price of these BTC is about 51300 US dollars, with a current floating profit of 1.75 billion US dollars.