Trader 58bro.eth is suspected of cutting losses by selling 6,914.08 ETH, with an estimated loss of $1.207 million.

Bitcoin treasury firm Strive CEO Matt Cole released a Bitcoin holdings chart, with the caption "Bitcoin is very cheap right now, we want to buy more", hinting that the company will disclose its BTC accumulation data next week.

The German Bundestag has passed a bill allowing customs authorities to seize crypto assets worth more than $115,000, even without filing criminal charges, if there is evidence the assets stem from illegal activities.

Strategy founder Michael Saylor has once again shared updates on its Bitcoin Tracker, noting, "This pullback might need a little orange." Per past patterns, orange dots represent Strategy’s Bitcoin purchase records, so this move likely signals the company intends to increase its BTC holdings. Strategy typically discloses changes to its Bitcoin holdings the day after such announcements.

Renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, said in a social media post that Bitcoin’s price action may have formed a valid head and shoulders top pattern. If confirmed, this pattern would indicate that Bitcoin’s all-time high has been reached and will not be broken again at least in his lifetime.

Binance co-founder He Yi published an article stating that in the short term, a tightening macro environment and shifting market sentiment around AI financing prospects are putting pressure on various assets, a normal market reaction. However, in the long run, the fundamental logic underpinning Bitcoin and the crypto market remains solid: institutional infrastructure is continuously improving, market adoption is advancing, and volatility itself is an unavoidable part of the market’s maturation process.

Solana co-founder Toly today responded in a post to Bankless co-founder David Hoffman’s earlier discussion on blockchain resource requirements, stating that Solana has achieved the relevant goals and demonstrated a running test: Solana mainnet full nodes, using less computing power than a single tablet CPU core and connected via 5G network, took only 10 seconds to catch up to the latest on-chain blocks and participate in voting from scratch, a process that also included parallel compilation and initial snapshot synchronization. Earlier, Toly had said in 2023 that the cost of running Solana would be lower than the sum of all EVM chains, and its processed transaction volume would also exceed the total of all EVM chains. At that time, David Hoffman responded, pointing out that Solana had not sufficiently attempted to lower node operation thresholds, and emphasized that reducing resource requirements is an important cultural requirement for the long-term operation of blockchain systems, arguing that blockchains with lower resource needs are more sustainable.