Bitcoin (BTC) — Onchain News & Whale Tracking

Analyst: Strong Buyer Confidence Drives Bitcoin to New Heights

On July 11th, the analyst Justin Low from the financial website Forexlive stated that as the European trading session was approaching, Bitcoin maintained its upward trend and reached a historical high of $118,000. Although there was no major driving news, the market demand for the cryptocurrency remained robust. Since the beginning of the year, funds have continuously shifted from the US dollar, undoubtedly intensifying the focus on portfolio diversification. (FXStreet)

Bitwise CIO: Bitcoin Expected to Break $200K by Year-End

On July 11th, Matt Hougan, the Chief Information Officer (CIO) of Bitwise, stated that the increase in the price of Bitcoin is mainly attributed to the rising demand and the limited supply. There is significant buying from companies and ETFs. He anticipates that Bitcoin will surpass $200,000 by the end of the year because the inflow of institutional and corporate funds will lead to a substantial price increase.

The Smarter Web Company has once again increased its holdings by 275 bitcoins, bringing the total holdings to 1275 bitcoins.

July 11. As per official information, the UK-listed company The Smarter Web Company declared another acquisition of 275 bitcoins, raising its overall holdings to 1275 bitcoins.

Bitcoin Breaks $118,000, Continues to Hit All-Time High

On July 11th, according to HTX market data, Bitcoin exceeded $11,800 and reached a new all-time high, with a 24-hour price increase of 6.25%.

Bitcoin Breaks $117,000, Hits Another All-Time High

On July 11th, based on HTX market data, Bitcoin surged past $117,000 and reached a new record high, with a 24-hour increase of 5.37%.

Previously shorted Bitcoin at $108,000 with 40x leverage, the whale topped up $5.5 million margin, now facing over $10 million unrealized loss

On July 11th, as monitored by LookOnChain, the whale that had previously taken a 40-times leverage short position on Bitcoin at $108,000 has now added $5.5 million in collateral. It has an unrealized loss of more than $10 million. Currently, its position size is $1.3256 billion, and the liquidation price has risen to $121,080.

If Bitcoin surpasses $118,000, the mainstream CEX cumulative short liquidation pressure will reach $823 million

On July 11th, based on Coinglass data, if Bitcoin manages to break through $11.8K, the total short liquidation strength of mainstream CEXs will reach $823 million. Conversely, if Bitcoin drops below $11.5K, the total long liquidation strength of mainstream CEXs will reach $567 million. BlockBeats Note: The liquidation chart does not show the precise number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, strength.

Bitcoin Surges to Touch $116,950, Continues to Hit All-Time High

On July 11th, according to HTX market data, Bitcoin surged and touched $116,950, reaching a new all-time high with a 24-hour increase of 5.22%.

Yesterday's US Spot Bitcoin ETF Net Inflow was $11.756 billion

July 11th: The day before yesterday, the net inflow of the US spot Bitcoin ETF was $1.1756 billion, indicating the sixth consecutive day of net inflows. The details are as follows: IBIT: There was an inflow of $0.4485 billion. FBTC: It had an inflow of $0.3243 billion. ARKB: Received an inflow of $0.2687 billion. Grayscale BTC: Had an inflow of $81.9 million. BITB: Saw an inflow of $77.2 million. HODL: Had an inflow of $15.2 million. GBTC: Had an outflow of $40.2 million.

Bitcoin HODL Strategy Currently Shows Unrealized Gains of Over $27 Billion

On July 11th, the Strategy currently possesses 597,325 bitcoins. The total acquisition cost is approximately $42.4 billion, with an average price of around $70,982 per bitcoin. According to the HTX market data, BTC is currently trading at $116,291. Based on this, the Strategy's bitcoin holdings are currently demonstrating an unrealized gain of approximately $27.064 billion.

Bitcoin Hits Record High for Consecutive Days, Hong Kong Stock Crypto Concept Stocks and ETFs Soar

On July 11th, based on market data, Bitcoin hit a new all-time high for consecutive days. Cryptocurrency concept stocks and ETFs in the Hong Kong stock market soared collectively. Boyaa Interactive surged by more than 10%, Guotai Junan International, Blueport Interactive, and Okex Cloud Chain surged by more than 5%; Huaxia Ether, Jiashi Ether, and FA Southern Ether surged by more than 5%, Huaxia Bitcoin, Bosh Bitcoin, FA Southern Bitcoin, and FA Samsung Bitcoin rose by about 4%.

Total Bitcoin Open Interest Across All Exchanges Surpasses $81 Billion, Reaching an All-Time High

On July 11th, according to Coinglass data, the total open interest of Bitcoin futures contracts across the entire network is 701,330 BTC (approximately $81.47 billion), hitting a new all-time high. Among them, the open interest of CME's Bitcoin futures is 154,220 BTC (approximately $17.91 billion), ranking first. The open interest of Binance's Bitcoin futures is 116,840 BTC (approximately $13.57 billion), ranking second.

Bitcoin remains close to $120,000, with the cryptocurrency market seeing a widespread increase.

On July 11th, with Bitcoin approaching $120,000, the cryptocurrency market witnessed a general upward trend. The total market capitalization reached $3.68 trillion, with a 24-hour increase of more than 1%. Within the ETH ecosystem, driven by ETH's breakthrough to $3,000, major assets all saw gains. In the past 24 hours, ETHfi showed a 9% increase. In the meme coin sector, spurred by the upcoming coin launch on Pump.fun, mainstream meme coins in the Solana ecosystem also rose. Fartcoin's market capitalization returned to $1.3 billion, with a 24-hour increase of 19%. Regarding exchange platform tokens, Hyperliquid's HYPE token is approaching its historical high. It is currently trading at $44, with a 24-hour increase of 8%. BNB saw a 24-hour increase of 2.6%.

If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

Trader AguilaTrades increased his Bitcoin long position by 20x to $340 million, with a realized profit of over $12.9 million.

Bitcoin Hits New All-Time High, Surpasses $113,000 for the First Time

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $113,000. It is currently trading at $113,041, indicating a 24-hour increase of 3.3%.

Bitcoin Hits All-Time High of $112,792

On July 11th, based on HTX market data, Bitcoin has just reached a brand new all-time high of $112,792 and has now slightly retreated to $112,582, with a 24-hour percentage increase of 2.97%.

Bitcoin Hits New All-Time High, Now Trading at $112,438

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $112,000. It is currently trading at $112,438, with a 24-hour percentage change of 2.99%.

CryptoQuant: Strategy may face tax liability in the future or be forced to liquidate Bitcoin to meet tax obligations

On July 10th, CryptoQuant stated in a post that, based on the documents submitted by MicroStrategy (MSTR) to the U.S. SEC, as of June 30, 2025, the company holds 597,000 bitcoins which were purchased for $42.4 billion and currently have a value of $64.4 billion. However, under the new accounting standard ASU 2023-08, companies are obligated to report their bitcoin assets at fair value, even if they are not actually sold. This could lead to the triggering of a 15% Corporate Alternative Minimum Tax (CAMT) starting from 2026. MicroStrategy explicitly stated in the document that the company "might need to liquidate a part of its bitcoin holdings or issue additional debt or equity securities to raise sufficient cash to fulfill its tax obligations." This indicates that tax pressure may force MicroStrategy to sell some of its bitcoin holdings in the future to deal with the actual tax liability resulting from unrealized gains.

Cardano Foundation: Holds Over $650 Million in Crypto Assets, Bitcoin Accounts for 15%

On July 10th, according to CoinDesk, the Cardano Foundation issued a report indicating that with the surge in cryptocurrency prices, the value of its held crypto assets has gone up from $478.24 million to $659.1 million. Currently, Bitcoin makes up approximately 15% of its crypto holdings, while the share of ADA in its held assets has decreased from 83% to 77%. The Cardano Foundation stated that its main source of income at present is staking rewards. By 2024, the foundation will hold 5.992 billion ADA and has received a total of 17.1 million ADA through staking, with a return rate of 2.7%.

DDC Enterprise and Animoca Brands Sign $100 Million Bitcoin Strategic Cooperation Memorandum of Understanding

On July 10th, according to official information, DDC Enterprise Limited (NYSE: DDC) made an announcement today. It stated that it has signed a non-binding Memorandum of Understanding (MoU) with Animoca Brands. The two parties will jointly formulate and implement a strategy. The purpose of this strategy is to maximize the Bitcoin asset yield of the Web3 company while effectively managing related risks. This Memorandum of Understanding has established a strategic partnership. Under this partnership, Animoca Brands will allocate up to $100 million in Bitcoin for a yield enhancement strategy that will be operated by DDC.

Glassnode: Bitcoin's current price surge is driven by the influx of bulls, with open interest rising accordingly

On July 10th, Glassnode announced in a post that during the recent Bitcoin (BTC) rally to $11.2k, short-sellers were once again affected. However, this time, active buying interest was also noticed. In contrast to the substantial decrease in Open Interest (OI) of futures contracts during the late June rally, this time the OI positions actually rose - suggesting that new long positions were entering the market rather than just short covering driving the rally.

BiyaPay Analyst: Bitcoin Hits New All-Time High, This Time Driven by Institutions, with 125 Publicly Traded Companies Holding 847,000 BTC

On July 10th, Bitwise released the "Q2 2025 Corporate Bitcoin Adoption Report". As of June 30th, a total of 125 publicly traded companies worldwide held 847,000 bitcoins, accounting for 4.03% of the total Bitcoin supply. The market value of these bitcoins was approximately $91 billion, representing a 60.93% increase from the previous period. During this quarter, there was a net addition of 159,000 bitcoins, setting a new annual record, with 46 new holding companies. Among the top holding companies, Strategy held the highest position with 597,000 bitcoins. MARA Holdings held 49,940 bitcoins, and newcomer Twenty One held 37,230 bitcoins. The report also pointed out that GameStop completed its first Bitcoin purchase, and Trump Media is currently raising $2.5 billion for Bitcoin accumulation. As more and more companies enter the Bitcoin market, this digital currency is becoming an important asset allocation for institutional investors. In this trend, BiyaPay provides users with diversifi

glassnode: Ethereum's near 24h futures trading volume has rarely surpassed Bitcoin

On July 10th, according to glassnode data, the 24-hour futures trading volume of Ethereum reached $621 billion, exceeding that of Bitcoin which was $617 billion. glassnode pointed out that this situation is quite rare. "It indicates a shift in traders' attention and positioning prior to a potential ETH-specific catalyst."

Perspective: Whether the Bitcoin Price Rally Can Continue Will Largely Depend on the Macro-Economic Situation and Any New Developments in the Trade Sector

July 10th: Regarding Bitcoin's breaking of a new high, Sid Powell, the CEO and Co-Founder of the crypto asset management company Maple, stated that whether Bitcoin's upward trend can continue mainly depends on the macroeconomic situation and any new developments in the trade sector. He believes that if trade talks encounter difficulties before the August 1 deadline for Trump's trade agreement, it may bring more resistance to Bitcoin. However, if the trade agreement makes further progress and low inflation data leads the Fed to restart key interest rate cuts, it may support the continuous upward trend of Bitcoin. In addition, John Glover, the Chief Investment Officer of the crypto lending platform Ledn and the former Managing Director at Barclays Investment Bank, stated, "Currently, Bitcoin seems to be only retesting the previous all-time high from May 22nd and facing selling pressure at that level." (Jinse)

Bitunix Analyst: Bitcoin Breaks Through Liquidity Barrier to Hit New All-Time High, September Rate Cut Expectations Rise or Worsen Market Volatility

July 10th. President Trump of the United States announced the implementation of the "Tariff 2.0" plan commencing from August 1st. The plan aims to impose tariffs on countries such as Japan, Brazil, and Malaysia, which has triggered market concerns regarding inflation and supply chain pressure. The minutes of the Federal Reserve's June meeting released on the same day revealed significant differences among decision-makers regarding the timing of interest rate cuts. If the tariff policy leads to a rise in price levels, it may further constrict the short-term monetary easing space. Bitcoin reached a daily high of 112,022 USDT on that day, setting a new all-time high. It has now broken through the long-term downtrend line and the large liquidation area above 110,548 and is attempting to establish support above the 111,000 integer mark. Bitunix analyst's suggestion: Considering the increased macro uncertainty and the fact that Bitcoin has already absorbed a significant amount of overhead

CryptoQuant Analyst: Bitcoin's New High Driven by US Buying Pressure, Market Bullish Sentiment May Not Be Over Yet

On July 10th, the CryptoQuant analyst burakkesmeci stated that the Bitcoin price has hit a new all-time high of $112,014, and the Coinbase premium has increased to 42 points. This indicates that the price of Bitcoin purchased on Coinbase is $42 higher than that on Binance, suggesting strong demand from U.S. investors. It is worth noting that this premium is not the highest value of this week. Last week, this difference reached 87.76 points, indicating even stronger buying pressure. The analyst pointed out that the Coinbase premium is an important indicator of U.S. investor demand. A positive premium typically means that institutions or retail investors are more inclined towards Bitcoin. Even after reaching a new all-time high, the demand remains robust, indicating that the bullish market sentiment may not have ended yet.

El Salvador President Showcases Bitcoin All-Time High Hodl Profit, Unrealized Gains Now at $400 Million

On July 10th, Salvadoran President Nayib Bukele presented the government's profit from Bitcoin accumulation on the X platform. A screenshot indicates that with Bitcoin reaching a new high, the Salvadoran government's unrealized profit from holding Bitcoin has reached $399 million. Currently, the total value of its holdings is $691 million.

Trader AguilaTrades' Bitcoin Long Position Profit Increased to $6.33 Million

On July 10th, based on on-chain data, the 20x Bitcoin long position of trader AguilaTrades on HyperLiquid has witnessed an increase in its unrealized profit to $6.33 million. The specific details are as follows: Position Size: $313,472,678.86; Entry Price: $108,771.1; Liquidation Price: $107,950.

Bitcoin Lightning Network Deposit Presale Surpasses $900 Million, Pump.fun Presale Cap 1.5x Oversubscribed

July 10th: The Thunderbolt Station initiated by Nubit has reached the end of the reservation phase. The total reservation deposit amount has exceeded 900 million US dollars, which is approximately 1.5 times the fundraising amount of Pump.fun. The Bitcoin Thunderbolt Station is employed to maintain the security of the main network and offer main network revenue distribution to holding institutions and qualified users. As of now, the reservation phase of the station has come to an end. Several institutions, family offices, and investment institutions have participated in the reservation deposit by using BTC, USD1, and BRC-20, Runes, and other Taproot-scripted assets. This is the first instance where Bitcoin-native assets have been extensively utilized in a main network infrastructure participation scenario. The second phase of the station will commence within this week. Qualified institutions and users can initiate the station and maximize main network revenue by depositing BTC or USD1

Yesterday's US Spot Bitcoin ETF Net Inflow was $2.157 billion

On July 10th, which was yesterday, the net inflow of the US spot Bitcoin ETF was $2.157 billion, indicating the fifth consecutive day of net inflows. Yesterday, IBIT had a net inflow of $1.256 billion. ARKB had a net inflow of $57 million. Grayscale BTC had a net inflow of $15.8 million. BTCO had a net inflow of $9.5 million. FBTC had a net inflow of $4.8 million. BITB had a net inflow of $3 million.

Trader Eugene: Bitcoin Needs Volume Breakout Above $115,000 to Clearly Accelerate Uptrend

On July 10th, Trader Eugene Ng Ah Sio made a post on his personal channel and said, "We are at the final stage before a real acceleration in price... Ideally, what we need to see is a clear indication of a breakout above $115,000 with a considerable volume. Only then can such a trend be definite. At present, we are not completely out of the difficulties, but the market outlook is rather optimistic."

If Bitcoin surpasses $114,000, the mainstream CEX cumulative short liquidation pressure will reach $1.389 billion.

On July 10th, according to Coinglass data, if Bitcoin manages to break through $114,000, the cumulative short liquidation strength on mainstream CEXs will reach $1.389 billion. Conversely, if Bitcoin drops below $108,500, the cumulative long liquidation strength on mainstream CEXs will reach $1.994 billion. BlockBeats Notes: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the strength. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that point, a more intense reaction will occur due to a liquidity cascade.

Bitcoin Surges to New High, $448 Million Liquidated Across the Network in the Last 12 Hours

July 10th. Based on Coinglass data, Bitcoin witnessed a significant surge early this morning and reached $111,999, setting a new all-time high. During the past 12 hours, the total amount liquidated across the entire network amounted to $448 million. Specifically, the long positions were liquidated at $43.55 million, while the short positions were liquidated at $404 million.

Bitcoin Surges to $112,000, Hits New All-Time High

On July 10th, based on HTX market data, Bitcoin witnessed a surge and touched $112,000, reaching a new all-time high.

Bitcoin Breaks $110,000

On July 10th, based on HTX market data, Bitcoin surged past $110,000, witnessing a 24-hour price fluctuation of 1.11%.

The SEC has approved Bitwise's amendment to its Bitcoin and Ethereum spot ETF regarding in-kind redemptions

On July 10th, the U.S. Securities and Exchange Commission (SEC) verified the receipt of Bitwise's amendment regarding in-kind redemptions for Bitcoin and Ethereum spot ETFs.

London BTC Company Limited is currently raising ￡1 million to ￡5 million, some of which will be used to increase its Bitcoin holdings.

On July 10th, London BTC Company Limited (formerly named Vinanz Limited) is in the process of raising ￡1 million to ￡5 million (up to around $6.8 million), and a portion of this amount will be utilized to enhance its Bitcoin holdings. This fundraising is being carried out through the issuance of new shares at a price of 13 pence per share.

BiyaPay Analyst: Missed out on Bitcoin? Don't miss out on the opportunity to own equity in OpenAI and SpaceX

On July 9th, the U.S. financial technology platform SoFi announced the establishment of an equity investment channel for well-known private companies such as OpenAI, SpaceX, Epic Games, etc. By partnering with asset management companies like Cashmere, Fundrise, and Liberty Street Advisors, SoFi enables retail investors to participate in these high-growth areas with a low threshold of $10, including artificial intelligence, space technology, and healthcare. In the past, such top private companies were only accessible to large institutions or high-net-worth individuals. Now, with the advancement of financial technology, regular users can also get in on the ground floor. Meanwhile, BiyaPay offers a more efficient way for global users to participate. Users can directly top up using USDT to exchange for more than 30 fiat currencies such as USD, EUR, HKD, SGD, and quickly transfer to bank accounts, thereby participating in U.S. stocks, Hong Kong stocks, and private company equity investmen

Bitcoin Breaks $109,000

On July 9th, based on HTX market data, Bitcoin exceeded $109,000, and its 24-hour percentage change was 0.17%.

Remixpoint Raises 31.5 Billion Yen to Increase Bitcoin Holdings, Aiming to Increase Holdings by About 2,000 Bitcoins

On July 9th, a Japanese publicly listed company, Remixpoint, announced that it had raised approximately 31.5 billion yen (about 215 million USD) through financing. It plans to use all the funds to purchase Bitcoin. Currently, the company holds 1,051 BTC, and its recent goal is to increase its holdings to 3,000 BTC. The company stated that this decision is based on a firm belief in Bitcoin's future and the result of extensive internal discussions.

Glassnode: Bitcoin RHODL Ratio Indicates Market Structure is Shifting, Signaling Cycle Transition and Speculative Fervor Cooling Off

On July 9th, Glassnode announced on social media that the Bitcoin RHODL ratio has begun to show an upward trend and has reached the highest level of this cycle. This signal suggests that the market structure is undergoing a transformation, with a greater amount of wealth being controlled by single-cycle holders. Meanwhile, short-term activities ranging from 1 day to 3 months remain at a low level. According to historical data, such inflection points often presage a shift in market cycles and a moderation of speculative enthusiasm. The RHODL ratio is an on-chain metric for Bitcoin used to measure the difference in Bitcoin holdings between short-term and long-term holders, thereby analyzing market cycles and investor behavior.

Swedish publicly listed company H100 Group has completed a ~$54 million financing round, with the funds set to be used for further Bitcoin investments.

On July 9th, the Swedish listed company H100 Group officially disclosed on social media that the company has raised an additional 516 million Swedish Krona (approximately $54 million) by carrying out the sixth and seventh rounds of fundraising. The funds will be allocated for investment opportunities within the company's Bitcoin reserve strategic framework. These two rounds of fundraising were initially announced on June 16th. Up to now, the total raised funds of H100 Group have increased to 921 million Swedish Krona ($96 million).

A Hacker Phishes Wallet Holding $8.7 Billion in Bitcoin from the Mt. Gox Theft

On July 9th, according to Decrypt, hackers focused their attention on the wallet that held the 870,000 stolen bitcoins from the Mt. Gox hack during a phishing attack. They dispatched an OP_RETURN transaction to that address, which included a text message directing the recipient to a fake website imitating the Wall Street investment bank Solomon Brothers, with the aim of stealing the owner's personal information.

Total Bitcoin Open Interest Across All Exchanges Reaches $73.59 Billion

On July 9th, based on Coinglass data, the total open interest of Bitcoin futures contracts on the network amounts to 679,170 BTC (approximately $73.59 billion). Among them, the open interest of CME Bitcoin futures is 151,180 BTC (approximately $16.37 billion), ranking first. The open interest of Binance Bitcoin futures is 109,260 BTC (approximately $11.83 billion), ranking second.

KULR Signs $20 Million Credit Agreement with Coinbase Subsidiary for Bitcoin Purchase Program

On July 8th, as reported by The Block, KULR Technology Group announced that it has entered into a $20 million credit agreement with Coinbase Global, Inc.'s subsidiary, Coinbase Credit, Inc. KULR Technology Group intends to utilize the net proceeds from this revolving credit facility to back its strategic Bitcoin accumulation objectives.

Bloomberg Analyst: BlackRock's Bitcoin Holdings Surge, 38% Away from Surpassing Satoshi Nakamoto

On July 8th, Bloomberg's Senior ETF Analyst Eric Balchunas posted on social media, indicating that BlackRock currently holds approximately 700,000 bitcoins and is only 38% away from surpassing Satoshi Nakamoto to become the world's largest single bitcoin holder. (If all bitcoin ETFs are regarded as a single entity managed by one, they have already exceeded Satoshi Nakamoto for a long time.) BlackRock's bitcoin spot ETF—IBIT is currently absorbing bitcoins at a rate of 40,000 per month (about 1,300 per day). At this rate, it is estimated that the holding will reach 1.2 million bitcoins by May 2026. This is a remarkable achievement for a product that has just been in existence for two years.

Ego Death Capital's Second Fund Completes $100 Million Raise, Focused on Supporting Bitcoin Ecosystem Company Expansion

On July 8th, as per Axios, the second fund of Ego Death Capital has managed to raise $100 million. This fund is focused on providing support for the expansion of companies within the Bitcoin ecosystem. Typical target companies of this fund have annual revenues ranging between $1 million and $3 million. However, due to the limited funds available, their growth has been restricted. This new fund will mainly concentrate on the Series A funding stage, assisting proven companies in their scaling-up process. Additionally, a small portion of funds will be set aside for early-stage projects that show promising prospects (seed round) investment.

ReserveOne Plans to Launch Over $1 Billion Bitcoin-Dominated Digital Asset Reserve

On July 8th, as per GlobeNewswire, the digital asset management firm ReserveOne Inc. declared today that it has reached a definitive business merger agreement with the Nasdaq-listed SPAC company M3-Brigade Acquisition V Corp. The company intends to hold and manage a portfolio of crypto assets, with Bitcoin as its core, encompassing assets with staking and lending yield potential like Ethereum, Solana, and others, and offer asset appreciation services to institutional investors. This transaction is anticipated to bring ReserveOne more than $1 billion in financing, which includes approximately $298 million in trust funds (assuming no redemptions) and $750 million in PIPE financing, consisting of $500 million in common stock and warrants and $250 million in convertible bonds. The strategic investors participating in this round of financing are: Blockchain.com, Galaxy Digital, Kraken, Pantera Capital, ParaFi Capital, and other institutions. After the transaction is completed, ReserveOne

If Bitcoin surpasses $110,000, the mainstream CEX cumulative short liquidation pressure will reach 288 million.

On July 8th, according to Coinglass data, if Bitcoin were to break through $110,000, the cumulative intensity of short liquidation on mainstream CEXs would reach 288 million. Conversely, if Bitcoin were to fall below $107,000, the cumulative intensity of long liquidation on mainstream CEXs would reach 209 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent reaching a particular price level will be affected. Higher "liquidation bars" indicate that when the price reaches that level, a more intense response will be generated due to a liquidity cascade.