[U.S. SEC Suspends Crypto Treasury Investigation Due to Government Shutdown, Subpoenas May Be Issued After Resumption] The U.S. government shutdown has entered its second month, and the SEC's investigation into potential insider trading related to the crypto asset treasury strategies (DAT) adopted by publicly listed companies has been temporarily halted. A former SEC attorney stated that the investigation is almost certain to resume once the government reopens. If the preliminary investigation escalates into a formal one, the SEC may issue subpoenas within one to two months. Legal experts believe that although the Trump administration is relatively friendly toward the crypto industry, the SEC's efforts to clarify potential violations will help improve the regulatory framework for the digital asset market.
24/7 Flashes
More >链上巨鲸动态：多单清仓与ETH抄底频现
[On-Chain Whale Activity: Frequent Liquidation of Long Positions and ETH Bottom Fishing] In the past 24 hours, the on-chain whale movements are as follows: 1. The '100% Win Rate Whale' liquidated long positions 2 hours ago, incurring a loss of $39.37 million. 2. The '1011 Insider Whale' increased positions 12 hours ago with 5x leveraged BTC long positions to 500 BTC (valued at $50.54 million) and ETH long positions to 8,000 ETH (valued at $26.12 million), currently facing an unrealized loss of $4.92 million. 3. The '7 Siblings' whale accumulated 37,971 ETH over the past two days, spending 133.49 million USDC at an average price of $3,515 per ETH. 4. A suspected Bitmine address increased holdings by 10,000 ETH, valued at approximately $32.72 million. 5. A whale who previously borrowed 66,000 ETH has repaid the loan, deposited USDC into Binance, and withdrew 34,155 ETH (approximately $111.6 million), suspected to be bottom-fishing.
Bitcoin/Ethereum: Emotional divergence after significant price drop
The price of Bitcoin fell to about 98900 US dollars, and Ethereum fell to about 30900 US dollars, causing market volatility. Despite some traders showing pessimistic sentiment, on chain social data indicates that there are still many investors confidently buying on dips. Emotional changes cover BTC, ETH, and XRP. （Santiment）
Market sentiment divergence after Bitcoin and Ethereum prices fall
After the price of Bitcoin fell to $98900 and Ethereum fell to $39000, market sentiment diverged. Social data shows that although some traders have been impacted, there are still many who confidently buy on dips. This analysis also covers the market sentiment performance of XRP. （Santiment）
Bottom fishing pioneer increases position by 22900 ETH
Monitoring shows that the bottom fishing pioneer 7 Siblings has invested 78.18 million US dollars in the past 24 hours, adding 22900 ETH, with a buying price range of 3595 to 3317 US dollars, and an average cost of about 3417 US dollars. At present, the entity holds a total of 188600 ETH, with a total value of approximately 618 million US dollars. (Auntie Ai)
Ether.Fi DAO 批准 5000 万美元 ETHFI 回购计划，触发价定为 3 美元
[Ether.Fi DAO Approves $50 Million ETHFI Buyback Plan, Trigger Price Set at $3] Ether.Fi DAO has passed the 'ETHFI Buyback' proposal, authorizing the foundation to execute buybacks on the open market or designated on-chain venues when the current price of ETHFI falls below $3, with a total cap of $50 million. The plan takes effect immediately and will remain active until the cap is reached, the foundation announces its conclusion, or subsequent governance votes make adjustments. During periods when the price is below $3, the foundation may increase the proportion of protocol revenue allocated for buybacks. All transactions will be recorded on-chain and made publicly accessible via the Dune dashboard. Voting results show the proposal received 99.32% approval (approximately 5.1 million votes), with 0.68% opposition (approximately 34,700 votes), and a quorum of 512% was achieved.