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「On-Chain BTC's Largest Short」 Shorts $165 Million of BTC, Single-Coin Unrealized Gain of $2.4 Million

2 hours ago

On December 23rd, per HyperInsight monitoring, the largest BTC short position on Hyperliquid currently holds a $165 million BTC short with 20x leverage, boasting a floating profit of $2.4 million and an average entry price of $88,077.9. Additionally, it holds a $54 million ETH short position (with $1.8 million in profit) and an $18 million SOL short position (with $500,000 in profit).
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Circle: Euro Stablecoin EURC Circulation Exceeds 300 Million, Demand Continues to Grow

On December 24, Circle announced that the circulating supply of its euro stablecoin EURC has surpassed 300 million. Demand for euro stablecoins that meet MiCA standards, are fully reserved, and have global utility is growing.

12 minutes ago

Wang Feng: Humanity is Seeking a Scarce Universal Consensus, Bitcoin's Price Breakthrough Is Inevitable

December 24 Wang Feng, founder of Linekong Interactive, weighed in on gold’s record high and Bitcoin’s future market trend on December 24, stating: “Gold has topped $4,400 per ounce—no need to lament missing the rally. The core reason humans are gravitating back to gold is to seek a scarce, universally accepted consensus. Compared to great-power cold wars and regional conflicts, the AI (including robotics) tech wave is pushing all sovereign currencies to the margins. No matter the monetary policy, amid the next wave of explosive productivity growth, all currencies—including the U.S. dollar—will inevitably face sharp devaluation. Bitcoin’s breakout to an unimaginable price is inevitable. Don’t rush—let the bullets fly for a bit.”

12 minutes ago

Solana-based Treasury company Upexi files $1 billion shelf registration with the SEC

On December 24, Upexi—the U.S.-listed Solana (SOL) crypto treasury firm tied to DAT—filed a $1 billion shelf registration statement with the U.S. Securities and Exchange Commission (SEC) to raise capital via various securities offerings. The company currently holds roughly 2 million SOL tokens, ranking it as the fourth-largest listed company holder of SOL assets. Potential proceeds may be allocated to working capital, research and development (R&D), and debt repayment. Notably, Upexi’s stock has plummeted from a May peak of $22.57 to $1.825, with an additional 8.3% intraday drop today. Its market capitalization stands at $115 million.

12 minutes ago

Atlanta Fed Releases US Q4 GDP Advance Estimate, Predicts 3% Growth

On December 24th, the Atlanta Fed released its initial forecast for U.S. fourth-quarter GDP, projecting a 3% growth rate.

12 minutes ago

BitMine Once Again Increases its ETH Holdings by 6678 Coins, Worth $19.63 Million

On December 24th, per Onchain Lens data, an address affiliated with BitMine has again acquired 6,678 ETH via BitGo, valued at $19.63 million.

12 minutes ago

U.S. Stocks Extend Rally, S&P 500 Nears All-Time Closing High

On December 24, market data shows U.S. stocks extended their upward momentum. The S&P 500 Index approached 6,900 points—just 10 points shy of its all-time closing high. Additionally, the Dow Jones Industrial Average (Dow) gained 0.18% intraday, while the Nasdaq Composite added 0.27%.

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