Crypto market makers are cashing in on bitcoin's rally - without betting on direction

Michael Thaler, founder and executive chairman of Strategy, released information about Bitcoin Tracker and wrote "We're back". Strategy usually discloses changes in Bitcoin holdings the day after the release of relevant information.

Tom Lee, Chairman of Bitmine Immersion Technologies, stated that the company has been buying ETH for 60 consecutive weeks and currently holds 97% of its set 5% supply target. Tom Lee pointed out that Bitmine maintained a more stable buying frequency during the process of increasing holdings compared to Michael Saylor's Strategy.

As bitcoin surges back above $80,000, sophisticated trading firms are quietly collecting yield rather than making directional bet.

According to DefiLlama data, Pons' revenue in the past 24 hours reached $693100, surpassing Polymarket ($635200) and fomo ($646500), ranking eighth in protocol revenue ranking, only behind Hyperliquid ($758300).

Polygon has fixed a serious DoS vulnerability in its recent hard fork, and no attack records have been found so far. （Cointelegraph）