This whale holding 1,817 BTC short positions is quite dangerous; the liquidation price of the $217 million position is $133,678.

Against the backdrop of continuous inflows into ETFs, the survival rate of such large-scale contrarian short positions is less than 30%. Especially when the BTC price approaches $128,000, the exchange's liquidation heatmap shows that this area is clustered with $420 million in short bets. Do you think it will be liquidated???

Have you noticed? This year's market has shown extreme differentiation, with the RWA sector leading with a 58% increase, while popular narrative sectors like AI and Depin have generally halved.

The strength of RWA comes from three drivers: the real yield support of U.S. Treasuries, the endorsement from traditional asset management giants like BlackRock, and the maturity and improvement of Ethereum L2 infrastructure.

Specific targets can be focused on three levels—leading tokens ONDO and SYRUP demonstrate the strong getting stronger; the middle layer OM and CFG have valuation recovery potential; while infrastructure tokens LINK and ALGO play a foundational role in the ecosystem.

For ordinary people with small funds, the most dangerous move right now is to mimic whales' contrarian operations; the wisest choice is to follow the flow of funds.

Each time the RWA sector corrects, it often presents a "sharp drop and slow rise" characteristic, so each deep pullback is a layout opportunity. However, it is particularly important to note that when the 10-year U.S. Treasury yield fluctuates by more than 5%, it may trigger a violent short-term fluctuation in RWA assets.

If you feel confused and helpless in cryptocurrency trading and desire to master core logic and cutting-edge dynamics, like and follow, and I will take you through the bull and bear markets! #山寨季來了？ #Strategy增持比特币 #以太坊突破3700 $SOL