Matrixport: Bitcoin Retraces to Key Range, Potential Further Drop Ahead

According to monitoring by Yu Jing, the TRUMP token team has unlocked and cashed out $249 million over the past eight months: A total of 81.87 million TRUMP tokens (valued at $249 million) were transferred out of the team wallet, and these tokens entered centralized exchanges (CEXs) including Binance and OKX at an average price of $3.04. The team holds 80% of the total token allocation (800 million tokens); the $249 million cash-out only accounts for 8.2% of their holdings, leaving the team still in possession of 71.8% (718 million) of TRUMP tokens, worth $1.49 billion.

On-chain analyst Ai Yi (@ai_9684xtpa) has tracked that address 0xde8…d9524 now holds the highest unrealized profit on Hyperliquid ETH positions, amounting to $16.52 million. The address has opened long positions incrementally since mid-August, currently holding 30,282.4 ETH (valued at roughly $81.96 million), with an entry price of $2,134.45 and a return rate of 407.96%.

According to CNN and other media outlets, citing unnamed sources on Friday, U.S. President Donald Trump is expected to appoint Jay Clayton, the current Director of National Intelligence, as the new "AI Tsar", with an official announcement likely to be released in the next three to four days. Notably, Clayton served as Chairman of the U.S. Securities and Exchange Commission (SEC) from May 2017 to December 2020 during Trump’s first term. He advocated for rule modernization and actively addressed issues including cryptocurrency regulation (classifying crypto assets as securities), cybersecurity, and pandemic-related impacts. Analysts point out that if the appointment goes through, it reflects Trump’s positioning of AI development as a "national security issue" (led by an intelligence chief), leaning toward light regulation or self-regulation, and prioritizing competition and economic growth rather than strict curbs on AI development.

According to Arkham's monitoring, BlackRock's Bitcoin ETF has net purchased Bitcoin worth $1.57 billion over the past month. As of press time, IBIT holds more than 800,000 Bitcoin, valued at approximately $67.87 billion.

South Korea’s five major commercial banks have all faced hacker attacks or intrusion attempts, with three suffering customer data leaks. Around 25,000 Shinhan Bank customers, over 100 KB Kookmin Bank customers, and 89 Hana Bank customers had their information exposed. Woori Bank and NH Nonghyup Bank successfully blocked unauthorized system access, with no personal data leaks. Sources noted that the hackers targeting Shinhan Bank are suspected to be based abroad and used advanced AI tools. South Korea’s Financial Services Commission has ordered financial institutions to inspect their cybersecurity systems, while police have launched preliminary investigations.

CryptoQuant analyst Darkfost published a report stating that the total market capitalization of the stablecoin market remains unable to recover effectively, primarily due to insufficient liquidity flowing into the crypto market. Since May, the total stablecoin market cap has decreased by $140 billion, reflecting large-scale capital outflows from the sector. However, the market has improved since September, with the total stablecoin market cap rising by roughly $40 billion to approximately $270 billion as of now. Darkfost further noted that while the stablecoin market cap trend is showing signs of reversal, the current recovery momentum remains relatively limited. To push Bitcoin (BTC) to hit new all-time highs, the market still needs additional liquidity injections.