On-chain Analyst Monitoring: Over 1.92 Million GT Coins Burned on-chain in Q2 2025

On July 7th, the FTX creditor representative Sunil updated the FTX claim distribution information on the X platform. It was indicated that the total amount of claims from restricted jurisdictions is $4.7 billion. Chinese investors are the largest group among the FTX creditors, holding a claim of $3.8 billion (accounting for 82% of the restricted claims). The claims with incomplete KYC (in the Bahamas) amount to $2.9 billion. The total amount of disputed claims is $6.6 billion. The total amount awaiting claim resolution solutions is $14 billion. And the estimated total amount of allowable claims is $110 billion.

On July 7th, the U.S.-listed company Hilbert Group AB announced that it has obtained more than 200 million Swedish Krona (approximately 21 million USD) in long-term financing from a U.S. institutional partner. This financial support will be partially utilized to back its previously declared cryptocurrency reserve strategy. The strategy is aimed at capitalizing on the growth opportunity of institutional adoption of Bitcoin and particularly maintaining a first-mover advantage among European listed companies.

July 7th, Maigang, the first investor in PopMart, recently stated in a podcast interview, "Bitcoin has been a highly significant experience in my career. On one occasion, when I attended a Renmin University alumni forum, the host asked me why I had a particular preference for Bitcoin when various prominent figures such as chief economists had not yet grasped or noticed it." Firstly, I am definitely not an outstanding student. Secondly, I am not a mediocre student either. The outcome is that I only retain the most crucial thing that my teachers taught me, which are those common-sense things or, to put it another way, truths. Therefore, when we studied courses such as Monetary and Banking and Economics that every (finance major) college student would take, from this perspective, observing Bitcoin is actually extremely straightforward. Of course, it definitely also involves a lot of interdisciplinary knowledge and so on. Comprehending it does not require you to hold a Ph.D. I believe th

July 7th. As per an official announcement, Binance Futures is set to list the MUSDT perpetual contract on July 7th, 2025, at 17:30 (UTC+8), and it will offer up to 50x leverage.

On July 7th, based on market data, the Hong Kong stock cryptocurrency sector witnessed a continuous rise in the afternoon. Guotai Junan International (01788.HK) saw an increase of more than 10%, with New Frontier Corporation (01611.HK), Huaxing Capital (01911.HK), Boyaa Interactive (00434.HK), and other stocks following suit.

July 7th. MEXC Launchpad has officially launched Tanssi Network (TANSSI). Users can subscribe at a price of $0.006 before 4:00 PM on July 9th (UTC+8) and share 1,160,000 TANSSI tokens. It is reported that MEXC will list Tanssi Network (TANSSI) for spot trading at 9:00 PM on July 9th (UTC+8) and enable flash swaps at 10:00 PM on the same day (UTC+8).