CoinGlass: Bitcoin in Range-Bound Action, Strong Support Around $64,900

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale has accumulated a total of 9,158.25 ETH (valued at approximately $24.34 million) over the past three weeks, with an average entry price of $2,658.12. The whale appears to add to its position every time ETH’s price drops, and has an unrealized profit of $363,000 so far.

According to YuE Monitoring, a whale went long on 550,000 SOL at an average price of $80.8 in the early stage of this round’s market rebound and has held the position ever since, currently sitting on an unrealized profit of $22.43 million.

According to an official announcement, Quant has announced it will provide technical support for The Clearing House’s "On-Chain Currency Initiative" to build an interoperable payment network for financial institutions. Quant will oversee the network’s interoperability, orchestration, and transaction management layers, and integrate existing fiat payment systems including RTP and CHIPS, enabling financial institutions to access clearing and settlement capabilities for tokenized deposit transactions. The initiative aims to meet the growing demand from enterprises and financial institutions for faster, more automated, and flexible fund flow methods, enabling instant payment settlement and supporting auto-triggered transactions when pre-set conditions are met, thereby reducing manual operations and processing delays. Tokenized deposits are the digital form of traditional bank deposits, retaining the regulatory and protection mechanisms of conventional deposits while being recorded and transferred on-chain. The network will be applied to use cases including corporate treasury management, liquidity management, cross-border payments, and digital asset settlement, and is expected to open to participating institutions in the first half of 2027. The Clearing House stated that its U.S. payment network processes over $2 trillion in daily clearing and settlement volume, and this partnership will provide infrastructure support for financial institutions of all sizes to participate in the tokenized deposit network.

According to HTX market data, supported by Bitcoin’s minor strength, altcoins are extending their rally. Key performance metrics for select altcoins are as follows: QNT trades at $176.33, marking a 77.7% 24-hour gain; RUNE is priced at $0.819, with a 23.8% 24-hour increase; KMNO stands at $0.04773, up 14.3% in 24 hours; COW is at $0.1733, rising 14.27% over the past 24 hours; DASH is valued at $71.25, with a 13.62% 24-hour gain; PYTH trades at $0.08347, up 12.26% in the last 24 hours.

SlowMist founder Yu Xian stated in a post that the Bitget hack is a widespread, public, high-value and clear hacker incident, with North Korean hacker fund traces quickly linked. Circle, Tether and other platforms acted promptly to freeze relevant funds, especially Circle froze the USDC held by the hackers. THORChain, which itself was previously hacked, intervened quickly as a self-proclaimed "decentralized" platform. However, when facing major industry events, it ignored communication with all parties, compared itself to Bitcoin and Ethereum, claimed to be decentralized, asserted it had no right to interfere, and continued to enjoy large cross-chain fees contributed by North Korean hackers. Decentralization is not a slogan; in major industry events, the key is to clarify which problems need to be addressed collectively.

According to YuEmber monitoring, a whale or institution that has held ETH for three years realized further profit-taking of 30,825 ETH (worth approximately $83.03 million) 9 hours ago. Over the past week, the entity has transferred a total of 112,053 ETH (around $300 million) to Bitfinex, generating a total profit of $72.83 million.