Tom Lee’s Bitmine reported a net loss of $6.3 billion for the fiscal year.

Tom Lee’s Bitmine reported a net loss of $6.3 billion for the fiscal year ended August 31, primarily due to unrealized losses on its ETH holdings. The institution holds approximately 5.9 million ETH, representing about 4.9% of the circulating supply.

Trader AguilaTrades made 18 BTC trades in the past week, with a win rate of 33%, and accumulated losses of $547,000. The trader has now opened another 40x long position in BTC, holding 340.45 BTC, worth $25.16 million, with a liquidation price of $73,009.

radFi, a Bitcoin runes trading and liquidity platform, has announced a phased shutdown of its operations. Effective immediately, liquidity pool activity will be limited, with a maximum of 0.01 BTC per LP and transaction, and a daily total BTC outflow limit of 0.05 BTC. On January 11, 2027, Runes trading and LP withdrawals will cease, with withdrawals only supported from the trading wallet. On February 11, 2027, the radFi app will be taken offline. Afterwards, an independent website operated by ndestrategy will allow users to withdraw Runes and BTC from the trading wallet.

Machi sold 31 Bored Ape tokens at a loss over the past week, gaining 231 ETH, worth approximately $506,000. All of the proceeds were lost in subsequent transactions. Currently, Machi has only 75 bored monkeys left.

On November 11, Charles Edwards, founder of the Capriole Fund, said that Bitcoin Treasury is surrendering, with its cumulative buy volume to sell volume ratio falling below 90%. This has happened three times in history, and all three times it presented a buying opportunity. Charles Edwards believes that short-term corporate sell-offs have historically been a signal for Bitcoin.