Today's Highlights in the Crypto Market:
1. The Influence of Bitcoin ETFs Expands: Bloomberg analysts expect that IBIT (BlackRock Bitcoin Spot ETF) may surpass Satoshi Nakamoto by the end of next year, becoming the largest BTC holder in the world.
2. Altcoin Market Remains Weak: The altcoin season index has risen to 27, but 10x Research points out that "the lack of new narratives + the wave of token unlocks" restricts the continuation of gains, and insufficient market liquidity is the main issue.
3. SOL Chain Under Continuous Pressure: Due to the rampant issuance of tokens on the Pump.fun platform, liquidity on the Solana chain has been severely drained, leading to a weak performance of $SOL , showing a pattern of "rising quickly and then falling just as fast."
4. Trump Wallet Controversy Escalates: Donald Trump Jr. denies any connection with the "TRUMP Wallet" and instead recommends "World Liberty Financial" as the official wallet. Magic Eden responded that the application indeed uses Trump's official branding, confirming it as the "TRUMP Official Wallet." Related conceptual coin $ME experienced a 24% surge in a single day.
5. Whale Trader "James" holds a 40x leveraged BTC long position (valued at $146 million) with an unrealized loss exceeding $1.08 million, with a liquidation price of $104,980. The current price is just above $105,300, posing a high risk.
6. #Pump.fun Plans to Raise $1 Billion: Its platform has generated over 11 million tokens, with a total valuation of about $4.5 billion, and cumulative revenue exceeding $700 million. New tokens may be launched within two weeks, potentially valued at $4 billion.
7. Changes in the DeFi Market Landscape: Hyperliquid occupies nearly 80% of the DeFi perpetual contract market, leading by a wide margin.
8. Market Opportunity: Circle is going public, with a valuation of up to $7.2 billion as the company behind USDC, marking a significant event in the crypto industry. Attention: $ONDO , $MKR, $ENA
9. WLFI starts a precise airdrop of $47 today!
