Solana (SOL) Total Value Locked (TVL) has reached its highest level in three years. On the 13th (local time), Unfolded cited DeFiLlama data, stating that "Solana's TVL has surpassed $11 billion" and that "this marks a three-year high." As of 4:08 PM, Solana is trading at $196 on the Binance USDT market, up 11.92% from 24 hours ago.
Over the past 24 hours, the size of liquidated positions in the perpetual futures market for virtual assets (cryptocurrencies) reached $519.63 million. According to CoinGlass data on the 13th (local time), a total of $519.63 million worth of futures positions have been liquidated in the virtual asset market over the past 24 hours. Specifically, $145.38 million in long positions were liquidated, while $374.25 million in short positions were cleared. Ethereum (ETH) recorded the largest liquidation volume. Ethereum saw $286.65 million in position liquidations within 24 hours, broken down as $44.50 million in longs and $242.15 million in shorts. Bitcoin (BTC) ranked second during the same period, with $38.21 million liquidated. The amount of long and short liquidations stood at $15.02 million and $23.19 million, respectively. As of 3:42 PM, according to Binance's USDT market, Bitcoin and Ethereum are being traded at $119,264 and $4,620, respectively, up 0.28% and 7.60% compared to 24 hours ago.
It has been reported that AguilaTrades, known as one of the whale investors on the decentralized futures exchange (DEX) Hyperliquid (HYPE), recorded a loss of $1.85 million in just 10 minutes. On the 11th (local time), OnchainLens revealed on X (formerly Twitter), "AguilaTrades opened another 15x Ethereum short (sell) position, but closed it as the price surged," adding, "A loss of more than $1.85 million was recorded in just 10 minutes."
David Bailey, CEO of Nakamoto Holdings, has suggested the purchase of approximately $1 billion worth of Bitcoin (BTC). On the 11th (local time), Bailey posted on X (formerly Twitter), saying, "Ever since I entered the industry, I've always dreamed of buying $1 billion worth of BTC in a single transaction," and added, "Tomorrow, that dream will become a reality." He continued, "If you experience our strategy firsthand, you will understand why we can become the company holding the most Bitcoin," and said, "Everyone in the world will come to know the name Nakamoto."
Blue Origin, the space company founded by Amazon's Jeff Bezos, is partnering with US payment firm Shift4 to support cryptocurrency payments. According to Investing.com on the 11th (local time), Blue Origin announced that through its partnership with Shift4, it would support payments for space travel products using cryptocurrencies and stablecoins. Supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Furthermore, integration with cryptocurrency wallets such as MetaMask is also supported.
An analysis has emerged indicating that institutional investors are realizing profits on Ethereum (ETH). On the 11th (local time), Glassnode stated through X (formerly Twitter), "The U.S. Ethereum Spot ETF saw a net outflow of 94,000 ETH," adding, "This marks the first weekly net outflow in three months." They further analyzed, "As Ethereum surpassed $4,000, institutional holders have begun taking profits."
NASDAQ-listed blockchain technology company Alt5 Sigma Corporation is planning to raise $1.5 billion through common stock and private placements. According to Business Wire on the 11th (local time), Alt5 Sigma Corporation announced in a press release that it plans to raise $1.5 billion through common stock and private placement issuances, stating, "The proceeds from the private placement will be paid in the form of World Liberty Financial (WLFI) tokens." In addition, after the initial public offering, Alt5 will hold about 7.5% of the WLFI supply. Notably, this private investment is drawing attention as World Liberty Financial is taking the lead. Eric Trump also expressed his excitement by posting on X (formerly Twitter), "Go Alt5."
NASDAQ-listed company Safety Shot has formed a strategic alliance with the Bonk development team and is investing in Bonk. According to GlobeNewswire on the 11th (local time), Safety Shot announced in a press release, "We have entered into a strategic partnership with the Bonk development team," stating, "With this agreement, we will receive Bonk tokens worth $25 million." Jarrett Boon, CEO of Safety Shot, said, "By collaborating with the Bonk ecosystem, one of the most notable names in the virtual asset (cryptocurrency) sector, we aim to bring the company to a new level."
Nasdaq-listed '180 Life Sciences' has announced a fundraising plan to accumulate Ethereum (ETH). According to PR Newswire on the 11th (local time), '180 Life Sciences' stated in a press release, "We plan to issue senior secured convertible bonds worth $156 million to institutional investors," and "With the funds raised, we intend to additionally purchase Ethereum." McAndrew Rudisill, Chairman of the Board, said, "Through this convertible bond issuance, we aim to accumulate Ethereum. This will further strengthen our company's financial soundness."
Truth Social, the social media company of U.S. President Donald Trump, has reportedly submitted an amended Bitcoin (BTC) spot Exchange Traded Fund (ETF) filing. On the 11th (local time), Eric Balchunas, a Bloomberg analyst, stated on X (formerly Twitter), "Just now, Truth Social submitted an amended Bitcoin spot ETF filing to the U.S. Securities and Exchange Commission (SEC)," adding, "It is not known what sections were amended." He also mentioned, "Neither the fee nor ticker has been announced yet."
5G and 4G IoT semiconductor and module developer Sequans Communications, listed on Nasdaq, was found to have additionally purchased 13 Bitcoins (BTC). On the 11th (local time), Sequans Communications announced on its website, "We have additionally purchased 13 BTC (USD 1.5 million)," and added, "The average acquisition price per 1 BTC was USD 117,012." Sequans Communications currently holds a total of 3,171 BTC. This equates to about USD 370 million, with an average purchase price of USD 116,709.
MicroStrategy has reportedly purchased an additional 155 Bitcoin (BTC). The total amount is approximately ₩25.1 billion. On the 11th (local time), Michael Saylor, founder of MicroStrategy, announced on X (formerly Twitter), "MicroStrategy has purchased an additional 155 BTC ($18 million)," adding, "the average purchase price per 1 BTC was around $116,401." He further stated, "As of this year, we have achieved a return of 25%." Currently, MicroStrategy holds a total of 628,946 BTC. This equates to about $46.09 billion, with an average purchase price of $73,288.
Matador Technologies, a company listed on the Toronto Venture Exchange (TSXV) in Canada, has reportedly acquired an additional 5 Bitcoins (BTC). According to GlobeNewswire on the 11th (local time), Matador announced in a press release, "We have purchased an additional 5 BTC," adding, "The average purchase price per BTC was $116,619." The statement also mentioned, "The total number of Bitcoins currently held has reached 77.4." Meanwhile, Matador has previously announced a plan to accumulate 1,000 BTC by next year and 6,000 BTC by 2027.
Bitcoin (BTC) implied volatility (IV) has risen to 37%, leading to analysis that price volatility could increase. On the 11th (local time), CoinDesk reported, "Last week, Bitcoin's short-term implied volatility decreased to 26%, reaching its lowest level since August 2023," but added, "Today, the implied volatility surged to 37%, hitting its highest point in weeks." They further explained, "This may signal the end of a prolonged period of sideways movement in the market." Special attention was paid to the inflow of leverage. The media outlet stated, "This Bitcoin rise was driven by spot trading," and continued, "Since August, open interest in Bitcoin has steadily decreased. Therefore, if leverage enters the market, price volatility could increase even more."
Last month, Ethereum (ETH) investors realized an average daily profit of $771 million. On the 11th (local time), Glassnode announced on X (formerly Twitter), "Last month, Ethereum investors realized an average daily profit of $771 million," adding, "This surpasses the level seen in December of last year." They continued, "In particular, realized profits for short-term investors increased significantly." Meanwhile, it is currently reported that Ethereum investors are realizing an average daily profit of $553 million.
The open interest (OI) for Ethereum (ETH) options has reached its highest level this year. On the 11th (local time), Glassnode stated on X (formerly Twitter), "The current size of Ethereum options open interest stands at $13.75 billion, marking the largest amount so far this year." Glassnode added, "This figure is also close to the all-time high of $14.6 billion recorded in March last year," and noted, "The rise in Ethereum's price is driving increased interest in derivatives."
It has been revealed that Hana Bank is set to collaborate with Circle, the issuer of the US dollar-based stablecoin USDC, on stablecoin business initiatives. According to recent industry reports on the 11th (local time), Hana Bank recently signed a memorandum of understanding (MOU) with Circle regarding stablecoin-related business. However, it is said that the specific details of the collaboration will be discussed further at a later date. In particular, this MOU signing is being evaluated as the result of aligned interests on both sides. Previously, Circle has also shown an active approach to issuing euro and yen stablecoins. Similarly, at the end of last month, Hana Bank demonstrated its intent to lead the won-based stablecoin market by applying for 16 stablecoin trademarks. It has also drawn attention that the stablecoin trademark Hana Bank has applied for is 'KRWC'. In the past, Circle has been adding a 'C' at the end of its stablecoins such as USDC and EURC. Some observers speculate that Hana Bank may be considering the issuance of a stablecoin together with Circle.
It has been revealed that 97% of Ethereum (ETH) investors are seeing unrealized profits. On the 11th (local time), Sentora (formerly IntoTheBlock) stated on X (formerly Twitter), "97% of Ethereum holders are currently in profit." Only 1% of holders are registering a loss. As of 6:48 PM, based on Binance USDT market, Ethereum is trading at $4,268, down 0.98% in the past 24 hours.
Last week, global virtual asset (cryptocurrency) investment products recorded an inflow of $572 million (₩795.4 billion). On the 11th (local time), CoinShares stated in its report, "Last week, virtual asset investment products attracted $527 million, turning the trend back to net inflows." Notably, the allowance of cryptocurrency investment for defined contribution (DC) pension plans such as 401k had a positive impact. The report said, "Earlier in the week, concerns of an economic slowdown due to weak U.S. employment led to an outflow of $1 billion from virtual asset products," but added, "Simultaneously, the U.S. government's approval of cryptocurrency investment in 401k resulted in a reinflow of $1.57 billion." It also noted that trading volume for exchange-traded products (ETPs) decreased by 23% compared to the previous month. By asset, Ethereum (ETH) products ranked first with a net inflow of $268 million. The report explained, "Since the start of the year, cumulative inflows into Ethereum investment products have reached $8.2 billion, hitting an all-time high," and "due to price increases, assets under management (AUM) have also risen by 82% compared to last year, setting a new record at $32.6 billion." Bitcoin (BTC) products attracted $260 million, ranking second. The report added, "Last week, Bitcoin products reversed two consecutive weeks of net outflows," and "short (sell) Bitcoin products recorded a net outflow of $4 million." Major altcoins also showed positive momentum. XRP and Solana (SOL) each saw net inflows of $18.4 million and $21.6 million, respectively. By country, the United States led with strong inflows. U.S.-based virtual asset products alone recorded net inflows of approximately $608 million, while Canada and Australia saw inflows of $16.5 million and $7.9 million, respectively. On the other hand, Germany, Sweden, and Brazil posted net outflows of $33.5 million, $16.5 million, and $2.5 million, respectively.
The daily number of new addresses for Bitcoin (BTC) has reached a 1-year high. On the 11th (local time), cryptocurrency analyst Ali Martinez shared on X (formerly Twitter) that “the number of new Bitcoin addresses generated in a single day reached 364,126”—noting this is the highest figure in a year. As of 4:56 p.m., Bitcoin is trading at $121,800 on the Binance USDT market, up 3.53% from 24 hours ago.
An analysis has emerged indicating that market trust in Ethereum (ETH) is strengthening. On the 11th (local time), Matrixport stated via X (formerly Twitter), "Ethereum has surpassed $4,000, marking its highest level since the end of 2021." They added, "This result is due to the U.S. Securities and Exchange Commission (SEC) deciding not to classify liquid staking tokens as securities, which has boosted market trust in Ethereum." They continued, "There has also been a sharp increase in aggressive accumulation by corporations, with the amount of Ethereum held by listed companies reaching 10 times last year's level." Matrixport also drew attention to the increase in on-chain activity, stating, "On-chain activity for Ethereum has reached an all-time high." They explained, "The number of daily transactions has exceeded 1.8 million, and over 30% of the total circulating supply is now staked." As of 4:39 p.m., according to the Binance USDT market, Ethereum is trading at $4,270, up 2.05% over the past 24 hours.
Over the past 24 hours, the notional value of liquidated positions in the perpetual cryptocurrency (crypto asset) futures market reached $350.75 million. According to CoinGlass on the 11th (local time), a total of $350.75 million in futures positions were liquidated in the crypto market in the past 24 hours. Specifically, $135.24 million of long positions and $215.51 million of short positions were liquidated. The asset with the largest liquidations was Bitcoin (BTC). Bitcoin saw $114.37 million in positions liquidated within 24 hours, broken down into $7.5 million of long positions and $106.87 million of short positions liquidated. Ethereum (ETH) ranked second, having $90.85 million liquidated over the same period. The liquidation amounts for long and short positions were $41.54 million and $49.31 million, respectively. As of 3:55 PM, based on the Binance USDT market, Bitcoin and Ethereum are trading at $122,315 and $4,302, up 3.59% and 1.80% respectively compared to 24 hours ago.
It has been observed that whales have accumulated more than 200 million Cardano (ADA) over the past two days. On the 11th (local time), Ali Martinez, a cryptocurrency analyst, stated on X (formerly Twitter), "In the past 48 hours, whales have accumulated more than 200 million Cardano." This amount is equivalent to $164.24 million (approximately ₩228 billion) based on the current Cardano price. As of 3:49 PM, Cardano is trading at $0.8212 on the Binance USDT market, up 1.58% compared to 24 hours ago.
The French publicly listed company Capital B (formerly The Blockchain Group) has reportedly acquired an additional 126 Bitcoins (BTC). On the 11th (local time), Capital B announced on X (formerly Twitter), "We have made an additional purchase of 126 BTC," adding, "We have achieved a return of 1,519% compared to the beginning of the year." Currently, Capital B holds 2,201 BTC.
The Smarter Web Company, a UK-listed firm that has adopted a Bitcoin (BTC) stockpiling strategy, has reportedly raised £7.62 million (approximately $10.27 million). On the 11th (local time), The Smarter Web Company announced via X (formerly Twitter), "£7.62 million has been raised through a new share issuance." Meanwhile, The Smarter Web Company's total Bitcoin holdings amount to 2,100 BTC. The average purchase price per Bitcoin is £81,472 ($109,327).
In the past 24 hours, the size of liquidations in the perpetual cryptocurrency futures market reached $316.3 million. According to CoinGlass data on the 23rd (local time), a total of $316.3 million worth of futures positions were liquidated in the crypto market over the last 24 hours. Specifically, long positions accounted for $164.97 million in liquidations, while short positions saw $136.66 million liquidated. Ethereum recorded the largest amount of liquidations. Within 24 hours, Ethereum saw $97.38 million in positions liquidated, including $60.35 million in long positions and $37.03 million in short positions. Bitcoin (BTC) ranked second with $46.17 million liquidated during the same period. The liquidation amounts for long and short positions were $17.65 million and $28.52 million, respectively. As of 2:52 PM, based on the Binance USDT market, Bitcoin and Ethereum are trading at $118,663 and $3,716 respectively, down 1.21% and 0.82% from 24 hours ago.
Asset management firm DigitalX Limited, listed on the Australian Securities Exchange (ASX), has announced it now holds a reserve of 74.7 Bitcoin (BTC). On the 23rd (local time), DigitalX stated on X (formerly Twitter), "We have acquired 74.7 BTC at $118,010 per BTC," adding, "The company’s total Bitcoin holdings amount to 499.8 BTC." This is valued at approximately $91.3 million. Previously, DigitalX had indicated its intention to continue purchasing Bitcoin.
It was reported that the U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a net outflow of $68 million the previous day. According to Farside Investors on the 23rd (local time), U.S. Bitcoin spot ETFs saw $68 million flow out. This marks the second consecutive trading day of outflows. Specifically, Bitwise’s BITB and ARK Invest’s ARKB recorded net outflows of $42.3 million and $33.2 million, respectively. In contrast, Grayscale’s GBTC saw a net inflow of $7.5 million. The other ETFs saw no net flows.
The previous day, the U.S. Solana (SOL) staking exchange-traded fund (ETF) recorded a net inflow of $12.6 million. According to Farside Investors on the 23rd (local time), the previous day, the 'REX Osprey Solana Staking ETF' saw an inflow of $12.6 million. The total inflow so far amounts to $105.4 million. Meanwhile, the 'REX Osprey Solana Staking ETF' has drawn attention as the first Solana staking ETF to receive approval from the U.S. Securities and Exchange Commission (SEC).
The previous day, US Ethereum (ETH) spot exchange-traded funds (ETFs) recorded a net inflow of $533.8 million. According to Farside Investors on the 23rd (local time), US Ethereum spot ETFs saw a net inflow of $533.8 million. This marks 13 consecutive trading days of inflows. Specifically, BlackRock's ETHA saw an inflow of $426.2 million, while Fidelity's FETH and Grayscale's ETH received $3.5 million and $7.26 million, respectively. Other ETFs had no inflow or outflow.