Grayscale Research Director: Fed Rate Cut Unlikely in the Short Term, Bitcoin Under Pressure

Per TradingBeats monitoring, the address starting with 0x936c on Hyperliquid still holds around 11.7 million PONS contract short positions, with an average entry price of approximately $0.63. Its current position value stands at about $6.33 million, with an unrealized profit of roughly $1.01 million, and it is currently the largest short seller of PONS.

Per GMGN market data, MARSCOIN saw a short-term surge of approximately 15%, with its market capitalization temporarily hitting $133 million, while Niu Lai rose around 8% to a market cap of $105 million. The price movements were triggered by news that Binance will support two airdrop programs: one for holders of SpaceX (SPCXB) to receive MarsCoin (MARSCOIN), and another for holders of Invesco QQQ Trust (QQQB) to receive Niu Lai.

According to Bitget market data, spot silver plunged 4.00% intraday, currently trading at $61.73 per ounce.

According to an official announcement, Upbit will list CASHCAT, with trading pairs available against KRW, BTC, and USDT.

Per GMGN market data, CASHCAT rallied over 12% in a short period, with its market capitalization surpassing $186 million.

According to TradingBeats' monitoring, Ethereum (ETH) is trading at around $2,656.9. Five million-dollar-level long positions total approximately $32.129 million, with liquidation prices clustered between $2,613.9 and $2,631.6, just 0.95% to 1.62% lower than the current price. The nearest liquidation range sits between $2,628.59 and $2,631.62, covering three whales with a combined long position of about $8.868 million, 0.95% to 1.07% from the current price (addresses: 0xb1da, 0xdbbd, 0xd83c). Below that, around $2,622.42, another long position of roughly $3.055 million faces liquidation risk, 1.30% lower than the current price (address: 0x0884). The largest single liquidation threshold is at $2,613.89, corresponding to a long position of about $20.205 million, accounting for 62.9% of the total positions of the five addresses, 1.62% from the current price (address: 0xcd98). This largest position has an average entry price of $2,656.42, almost identical to the current price, currently holding a small unrealized profit of around $3,604, and only about $43 away from its estimated liquidation line. Additionally, crypto personality "Maji" (Huang Licheng) currently holds $95 million worth of ETH long positions, with a liquidation price of $2,555 and an unrealized loss of $624,000. He previously planned to take profit above $2,670.