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BTC $81,542.92 +1.59%
ETH $2,372.38 +0.15%
BNB $629.79 +0.39%
XRP $1.41 +0.33%
SOL $85.68 +0.95%
TRX $0.3446 +1.32%
DOGE $0.1136 +2.54%
ADA $0.2584 +2.53%
BCH $454.59 +2.32%
LINK $9.72 +2.73%
HYPE $44.45 +7.13%
AAVE $93.43 +0.14%
SUI $0.9604 +2.09%
XLM $0.1586 +0.01%
ZEC $429.60 +4.46%

investor

Analysis: Long-term holders increasing their positions and institutional investors buying in may drive Bitcoin up to $95,000

According to Cointelegraph, Bitcoin surged to a high of $81,300, resulting in weekly and 30-day cumulative increases of 5% and 21%, respectively. CryptoQuant data shows that, based on 30-day rolling data, long-term holders have net added 331,000 BTC, valued at approximately $2.67 billion at Tuesday's current market price. This accounts for nearly 1.6% of the total supply, indicating that accumulation has strengthened as prices rebound.Accompanying the rise in Bitcoin is a strong inflow of funds into U.S. spot Bitcoin ETFs, with a total net inflow of $1.18 billion over the past three days. On Monday, the net inflow was $532 million, indicating increased institutional interest in BTC. MN Capital founder Michael van de Poppe stated on X on Tuesday, "ETF inflows have returned to the market, and the market is turning upward towards Bitcoin." He added, "I expect more funds to flow in over the next few weeks, as there is currently high demand for ETFs."As previously reported, institutions are absorbing more than five times the daily newly mined BTC supply. The $84,000 region is a focal point for many traders, as this position coincides with the CME gap formed in early February. From a technical perspective, after the price broke above the upper boundary of $77,500, it has validated a bullish flag pattern on the daily chart. A daily closing price above the 200-day exponential moving average (EMA) at $82,000 will confirm the continuation of the upward trend, with a target of the bullish flag's measured target of $94,800, at which point the overall increase will reach 18%.A chart shared by crypto investor Cryptocupra shows that after the weekly MACD produced a golden cross, the macro bottom for Bitcoin may have formed, paving the way for further upward movement.

6 Sevilla players involved in the Shirtum cryptocurrency project fraud case have been prosecuted, with investor losses potentially exceeding 24 million euros

According to Cryptopolitan, a court in Barcelona is investigating six former Sevilla FC players for their alleged involvement in a fraud case related to the Shirtum crypto project.Newly submitted criminal complaints indicate that the project is accused of selling fake NFTs and manipulated tokens to investors, resulting in losses of over 24 million euros, approximately 28 million dollars. The players named in the complaint include Papu Gómez, Lucas Ocampos, Ivan Rakitić, Nico Pareja, Alberto Moreno, and Javier Saviola. Additionally, El Correo de Andalucía reports that Diego Perotti and Marcelo Guedes were also involved in promoting the project. Thirteen Spanish investors have filed a lawsuit with the Barcelona Investigative Court No. 5, claiming they lost all their funds.It is reported that Shirtum was promoted as a digital collectibles trading platform for football and sold "cinematic NFTs" containing player photos and recordings, priced at around 450 euros each. However, the complainants claim that these NFTs were never minted on any blockchain and cannot be transferred or resold. Furthermore, Shirtum's promoters previously obtained about 3 million euros in BNB from investors for the development of iOS and Android mobile applications, but the app was never launched, and the related funds were neither refunded nor accounted for.

Forbes criticizes Eric Trump for making large profits through Bitcoin business, harming MAGA investors

Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool designed to exploit investors who support MAGA (Make America Great Again). American Bitcoin was established in 2025 and quickly went public on NASDAQ, leveraging the Trump family brand and the Bitcoin craze to push its valuation to $13.2 billion.Eric Trump vigorously promoted the company as the "leader in the Bitcoin world" during the earnings call, but the actual company has only a few full-time employees and mainly relies on story marketing rather than solid operations. The company continuously sells overvalued stock to buy Bitcoin, while Eric has almost no investment, yet has increased his personal wealth from about $190 million to $280 million, with other insiders also profiting significantly.Meanwhile, ordinary investors, especially MAGA supporters, have suffered heavy losses. Over the past eight months, American Bitcoin's stock has dropped about 92% from its peak, resulting in cumulative losses of about $500 million for investors. Forbes questions the actual profitability of American Bitcoin's Bitcoin mining business, believing that its advertised "half-price mining" is difficult to achieve and is more about using the Trump brand for high-priced stock dumping.

first_img Chief Economist of New Fire Group, Fu Peng: The essence of Bitcoin perpetual contracts is that large holders earn rent from long-term positions, while retail investors pay for leverage to go long

The newly appointed chief economist of New Fire Group, Fu Peng, stated on Twitter that the underlying business model of Bitcoin perpetual contracts is essentially the same as the "rollover fee/overnight fee" in traditional finance's gold and industrial commodity spot exchanges.Fu Peng pointed out that back in the day, gold exchanges settled through daily forced liquidation, with longs and shorts paying each other rollover fees. When retail investors held a large number of high-leverage long positions, the rollover fee became the most stable and hidden source of income for the platform. Nowadays, Bitcoin spot platforms mainly rely on perpetual contracts, with both sides settling the funding rate every 8 hours. When longs dominate, retail investors holding long positions continuously pay funding rates to shorts.Although the platform does not directly collect this fee, it significantly enhances trading activity, open interest, and liquidity, indirectly generating a large amount of fee income and forming a stable and substantial cash flow. Essentially, it is a business model where large players/institutions "collect rent" from long-term holdings, retail investors pay for leverage to go long, and the platform indirectly takes a cut.
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