Two Whales Short Bitcoin with a Cumulative Unrealized Gain of Over $15.34 Million

On July 1st, US Treasury Secretary Yellen stated: At present, we are proceeding with the vote on the tax bill (the "Beautiful Act"). This is an agreement that is conducive to the working class. We anticipate expanding healthcare subsidies in order to benefit mothers, children, and those in need. We aim to restore healthcare subsidies to the pre-pandemic level. We disagree with Musk's claim regarding the bill increasing the deficit. If the tax bill is passed, we may witness a surplus. (FXStreet)

On July 1st, Kaito Al declared that the top cryptocurrency-related stocks will soon be incorporated into the MindShare heatmap on Kaito Pro.

On July 1st, U.S. Treasury Secretary Yellen stated: The Fed may potentially wait for too long before raising rates. Regarding the Fed, I will fulfill my responsibilities wherever they are required. However, at the Treasury, we have a substantial amount of work that needs to be carried out.

On July 1st, according to CoinDesk, analyst James Van Straten presented a market analysis. The 200-week simple moving average (200WMA) of Bitcoin rose to $49,223 and was on the verge of breaking through the $50,000 psychological barrier. The 200-day moving average (200DMA), which represents the bull-bear divide, is currently at $96,246 and successfully held this support during a recent approach to $98,000 in pullback. The analyst stated that the continuous rise of the 200WMA reflects the growth of the market's fundamental value. The current level is almost double compared to the bear market period from 2022 to 2023 (with an average of $25,000). "When the 200-week moving average maintains a 45-degree upward trajectory, it often indicates that the crypto winter has completely ended. The hitting of new highs by the Nasdaq 100 and the S&P 500 indices has created a favorable environment for Bitcoin to break through its previous high."

July 1st. Following the "Stock Market Craze" set off by Circle, securities firms like Guotai Junan Securities and TF Securities have also witnessed a collective surge based on the "crypto concept", which has driven the market heat to new levels. The soaring of crypto concept stocks has led many investors to actively enter the market through the Hong Kong Stock Connect or other channels in an attempt to profit from this "Crypto Stock Craze". This wave of the Hong Kong stock craze is mainly divided into three stages: initially ignited by "Circle concept stocks", followed by the rise of "Stablecoin concept stocks", and finally, the outbreak of securities firm crypto concept stocks. With the release of the Hong Kong "Stablecoin Ordinance", the digital currency concept stocks in the Hong Kong stock market have collectively risen, with stocks such as Linklogis and Mox Card seeing astonishing gains. In addition, tech giants like JD.com and Ant Group have also announced their entry into the s

On July 1st, as per the monitoring of OnchainLens, a whale withdrew 200,000 TRUMP tokens from OKX 10 minutes ago. The value of these tokens is $1.74 million. This whale has accumulated 1.02 million TRUMP tokens, and currently, they are worth $8.84 million. There is an unrealized loss of $1.6 million.