ChainCatcher message, according to on-chain analyst AI Yi's monitoring, ETH/BTC rate bull James Fickel exchanged 6500 WETH for 225.6 WBTC six hours ago, worth 21.68 million USD, with WBTC costing 95791.6 USD.Currently, he is still staking 85038 stETH on Aave and borrowing 227 WBTC, with a total ETH position value reaching 300 million USD.

ChainCatcher news, according to on-chain analyst AI Yi's monitoring, ETH/BTC long position James Fickel exchanged 6,500 WETH for 225.6 WBTC six hours ago, worth 21.68 million USD, with the WBTC cost being 95,791.6 USD.Currently, he is still staking 85,038 stETH on Aave and borrowing 227 WBTC, with a total value of ETH holdings reaching 300 million USD.

ChainCatcher news, according to Spot On Chain monitoring, ETH/BTC bull James Fickel has exchanged 3,500 ETH (approximately $12.1 million) for 122.67 WBTC in the past 6 hours.In the past 2 days, he has exchanged a total of 10,000 ETH (approximately $34.6 million) for 358.3 WBTC at an ETH/BTC exchange rate of 0.0358, in order to reduce his debt exposure on the Aave protocol, where his current debt is approximately 452.6 WBTC (about $45 million).

ChainCatcher news, regarding the "U.S. judge ruling that Coinbase can delist WBTC," BiT Global stated that it is disappointed with the ruling but respects the court's decision and appreciates the court's prompt handling of the matter and serious consideration.It emphasized that this ruling is not a final judgment on the case, but merely determines that Coinbase's delisting does not seem to have caused irreparable harm to BiT Global, thus the temporary restraining order is reasonable. The court clearly stated that this ruling does not prevent BiT Global from seeking a preliminary injunction or continuing to litigate the case through trial in the future. "We look forward to continuing to litigate this case and having the opportunity to fully demonstrate the impact of Coinbase's erroneous decision in the future."

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the famous ETH/BTC long position holder James Fickel has continued to reduce his ETH/BTC long position 2 hours ago: selling 6,500 ETH (22.24 million USD) to repay and reduce his position with 235.6 WBTC.James Fickel's peak ETH/BTC long position was at the end of May, when he borrowed as much as 2,987 WBTC (204.7 million USD) from Aave, purchasing ETH at an average exchange rate of 0.054.Later, as the ETH/BTC exchange rate continued to decline, James Fickel began to reduce his position starting in August: gradually redeeming ETH and selling it for WBTC to repay.Over the past four and a half months, he has already sold 59,500 ETH for 2,398.2 WBTC to repay and reduce his position, with an average exchange rate of 0.04.He currently has a borrowing of 575.3 WBTC remaining in his ETH/BTC long position.

ChainCatcher message, Coinbase has announced that it has suspended wBTC trading. wBTC trading on Coinbase Exchange and Coinbase Prime is suspended, but users can still withdraw funds at any time.

ChainCatcher news, according to Decrypt, U.S. Federal Judge Araceli Martínez-Olguín ruled to deny the request for a temporary restraining order filed by Hong Kong company BiT Global, allowing Coinbase to proceed with its plan to delist Wrapped Bitcoin (WBTC) from its platform.The judge found that BiT Global failed to demonstrate that Coinbase's actions would cause it "irreparable harm that is imminent."

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, "buy low and sell high WBTC profits 14.26 million dollars smart money" has once again profited 8.93 million dollars through WBTC.He built a position of 377 WBTC (approximately 27.49 million dollars) at an average price of 72,926 dollars starting from October 2024, and is suspected to have sold 150 WBTC at an average price of 101,727 dollars in the past week when BTC tested new highs, expecting a profit of 4.32 million dollars.Currently, there are still 147 WBTC remaining, with an unrealized profit of 4.61 million dollars.

ChainCatcher news, according to CoinDesk, Coinbase stated that it decided to delist wBTC due to "unacceptable risks" posed by Justin Sun. Last week, the issuer of wBTC, BiT Global, filed a broad lawsuit accusing Coinbase of improperly favoring its competitor cbBTC.However, in a 25-page response, Coinbase indicated that this decision was related to Justin Sun, the founder of the Tron blockchain, who has also been accused of fraud and market manipulation in the United States. According to Coinbase's documents, Justin Sun is linked to wBTC through a partnership announced in August. Coinbase stated, "Given Justin Sun's involvement, like many other companies in the industry, Coinbase has serious doubts about whether BiT can be a reliable manager."

ChainCatcher news, according to official sources, Wormhole has been deployed on World Chain. This integration makes Wormhole the interoperability provider for World Chain, initially supporting transfers of WLD, USDC.e, and WBTC.

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, ETH band whales have continued to short BTC in the past hour: borrowing 200 WBTC from Aave and then selling it on-chain for 20.9 million USDT.Currently, the whale has borrowed a total of 420 WBTC from Aave and sold them at an average price of $103,402, with an unrealized loss of $750,000.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, a certain whale sold 200 WBTC in the past 2 hours, worth approximately 20.89 million USD. Currently, its average short price for 420 WBTC is 103,375 USD, with a total value of about 43.42 million USD.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, WBTC has a market share of 58.26% in wrapping Bitcoin, exceeding 135,000 coins. Compared to the second place BTCB, it leads by more than double, and compared to cbBTC, it leads by over seven times.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, ETH band win rate is 85%, and whales are shorting WBTC. In the past 12 hours, they borrowed 220 WBTC from Aave and sold it short through on-chain and Binance, with an average price of $102,398. Unfortunately, this coincided with BTC's rise again, resulting in an unrealized loss of $511,000 at the current price.10 minutes ago, they borrowed another 200 WBTC, indicating they are determined to continue shorting. The total short position has now reached 420 WBTC ($44.09 million).

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, high win-rate ETH band whales deposited USDT obtained from selling ETH a few days ago into Aave as collateral, then borrowed 220 WBTC 9 hours ago and sold it on-chain at an average price of $102,366, converting it into 22.52 million USDT.At the current BTC price of 105,200, their short position has already incurred a floating loss of $620,000.

ChainCatcher news, according to financefeeds, Coinbase has been sued by Hong Kong-based BiT Global Digital Limited for over $1 billion after deciding to delist Wrapped Bitcoin (wBTC), accusing it of market manipulation and anti-competitive behavior.BiT Global alleges that Coinbase undermined wBTC to promote its own competing product, cbBTC, resulting in financial losses and diminishing consumer confidence in wBTC. The lawsuit claims violations of the Sherman Act and false statements regarding wBTC's compliance with listing standards, as well as predatory behavior.BiT Global's legal team stated that Coinbase's actions threaten market fairness. The lawsuit seeks over $1 billion in damages and requests injunctive relief to prevent further harm to the wBTC market.

ChainCatcher news, according to monitoring by Shield, after BTC dropped to a low of about $94,150 early this morning, a long BTC address (0xa76b...e81c) was liquidated for 44.64 WBTC (worth approximately $4.34 million).

According to ChainCatcher's message, on-chain analyst Yu Jin monitored that a certain wave of investment sold WBTC at a price of $101,437 after BTC broke $100,000 yesterday, and two hours ago spent 45.81 million USDT to buy back 468.7 WBTC at $97,725.This is his fourth WBTC wave since October, and since the BTC price has been rising, all of his recent waves have been profitable.

ChainCatcher news, according to PeckShieldAlert monitoring, the address 0xa76b...e81c was liquidated for 95.01 WBTC (worth approximately 9.34 million USD) due to a long position in Bitcoin. This liquidation occurred after Bitcoin broke the 100,000 USD mark and briefly dropped to around 94,000 USD early this morning.