Glassnode: Bitcoin Rally Attracts Short Selling Bets, Potentially Posing Short Squeeze Risk

On April 26th, as monitored by on-chain data analyst Yu Jin, a "whale that went long on WBTC through leverage borrowing" borrowed an additional 8.7 million USDT to acquire more WBTC. The address now holds a total of 400.9 WBTC (approximately $38 million), and the average cost is $89,881. Among them, 253.9 WBTC were purchased in the past 3 days through a leverage borrowing of 23.9 million USDT from Aave. Currently, the health factor of the address's leveraged position is 1.18, and the liquidation price is $80,545.

On April 26th, the U.S. stock-listed company DeFi Development Company (stock code: JNVR), which is also referred to as the "MicroStrategy of Solana", submitted a $1 billion shelf registration statement to the SEC on Friday. The so-called shelf registration (also known as delayed registration) enables companies to register new securities for issuance without the need for immediate full sale. The filing indicates that the company, which was renamed from Janover earlier this week, may issue various financial instruments such as common stock, preferred stock, warrants, debt securities, etc. "We may issue in one or more offerings, and the offering price and terms will be determined at the time of sale, with a total fundraising amount not exceeding $1 billion," the company stated in the filing. The specific timetable for this shelf offering is currently uncertain and awaits SEC approval. DeFi Development Company is one of the numerous publicly listed companies that have recently been focu

On April 26th, as monitored by Farside Investors, the net inflow of Fidelity FBTC yesterday was $108 million, and the net inflow of FETH was $35.9 million.

April 26: According to Farside Investors, the data from yesterday indicated a net outflow of $7.5 million in Grayscale GBTC. There was a net inflow of $19.9 million in Mini BTC. For EETH, there was no net flow. And there was a net inflow of $10.2 million in Mini ETH.

On April 26th, as monitored by on-chain data analyst Yu Jin, a whale address once more borrowed 4,000 ETH from Aave (approximately $7.25 million) and sold it short at an average price of $1808.6. It is reported that the address bought back the 8,000 ETH that was borrowed for short selling yesterday afternoon to close the position, resulting in a loss of $208,000. Subsequently, after ETH retested $1,800, it borrowed again to sell short.

On April 26th. The most recent Financial Stability Report issued by the Federal Reserve on Friday showed that the escalating global trade risks, the overall policy uncertainty, and the sustainability of the U.S. debt ranked at the top of the potential risks to the U.S. financial system. This is the first time that the Federal Reserve has conducted a semi-annual survey of financial risks since Trump returned to the White House. 73% of the respondents indicated that global trade risks were their top concern, which was more than twice the proportion reported in the November survey. Half of the respondents believed that the overall policy uncertainty was the most worrying issue, which was a slight increase from the same period last year. The survey also found that the issues related to the recent market turmoil received more attention. 27% of the respondents expressed concerns about the functioning of the U.S. Treasury market, which was up from 17% in the fall of last year. The foreign div