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Key Takeaways
Strategy currently has a paper loss of about $195 million, or 0.3%, on its Bitcoin holdings.Bitmine remains deeply underwater, with a paper loss of approximately $6.39 billion, or 35.7%, on its Ethereum position.Strategy added 34,164 BTC last week, while Bitmine purchased 101,627 ETH.
Strategy’s Bitcoin Holdings Are Nearly Back to Breakeven
Strategy purchased another 34,164 Bitcoin last week at an average price of around $74,395, spending approximately $2.54 billion.
The company now holds a total of 815,061 BTC worth roughly $61.36 billion.
Strategy’s average acquisition price is approximately $75,527 per Bitcoin. With BTC currently trading close to that level, the company’s unrealized loss has narrowed to around $195 million, or just 0.3%.
The latest recovery in Bitcoin prices has brought Strategy close to returning to an unrealized profit position after spending much of the year underwater.
Bitmine’s Ethereum Position Remains Deeply Underwater
Bitmine purchased 101,627 Ethereum last week at an average price of around $2,305, spending approximately $234 million.
Bitmine now holds 4,976,485 ETH worth about $11.5 billion.
However, the company’s average acquisition cost is significantly higher at around $3,596 per ETH.
As a result, Bitmine is currently sitting on an unrealized loss of roughly $6.39 billion, equivalent to 35.7% of its Ethereum holdings.
Bitcoin and Ethereum Treasury Strategies Diverge
The gap between Strategy and Bitmine highlights the different performance of corporate crypto treasury strategies.
Bitcoin has recovered enough to bring large holders like Strategy close to breakeven, while Ethereum remains far below its previous highs.
That divergence has left Bitcoin-focused treasury companies in a much stronger position than firms heavily concentrated in Ethereum.
 

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.54T, down by 0.56% over the last 24 hours.Bitcoin (BTC) traded between $73,724 and $76,241 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $75,028, down by 0.08%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include GUN, SUPER, and QI, up by 35%, 28%, and 19%, respectively.Bitcoin Reclaims $75K as Crypto Fund Inflows Hit $1.4B, Trump Tariff Refunds Begin and Binance Expands Global Finance VisionBitcoin has climbed back above $75K as traders focus on the CME futures gap between $74.6K and $77.5K, while crypto investment products attracted another $1.4 billion in inflows last week. Institutional demand remains strong despite continued volatility tied to Iran and oil prices.The U.S. is also beginning to refund roughly $166 billion in Trump-era tariffs after a Supreme Court ruling found them unconstitutional, creating a major new macro story for businesses and markets. Meanwhile, DeFi remains under pressure after the Kelp DAO exploit triggered nearly $8 billion in withdrawals from Aave.At the same time, Binance Co-CEO Richard Teng and Yi He outlined a long-term vision centered on stablecoins, AI, TradFi convergence, and Binance becoming global financial infrastructure for billions of users.Bitcoin Reclaims $75K as Traders Watch CME Gap and DeFi RisksKey Takeaways:Bitcoin moved back above $75K after recent volatilityTraders are watching the CME gap between $74.6K and $77.5KIran-related headlines and oil prices remain major driversSummary:Bitcoin has recovered above $75,000 after briefly falling below that level during the weekend. Traders remain focused on the large CME futures gap, which often acts as a magnet for price action. A move back toward $77K–$78K is possible if sentiment improves. However, oil prices, Iran headlines, and broader macro conditions continue to influence short-term direction.  Crypto Fund Inflows Reach $1.4 Billion in Second-Strongest Week Since JanuaryKey Takeaways:Crypto funds saw $1.4 billion in inflows last weekBitcoin funds led demand with over $1.1 billion in inflowsEthereum posted its strongest inflow week since JanuarySummary:Crypto investment products recorded their second-strongest week of inflows since January, bringing total assets under management to nearly $155 billion. Bitcoin remained the dominant driver of demand, while Ethereum saw a sharp rebound in inflows. The strong fund activity suggests institutional investors continue to buy despite ongoing volatility. Sentiment has also improved as the market moves out of extreme fear.  U.S. to Begin Refunding $166 Billion in Trump-Era Tariffs After Supreme Court RulingKey Takeaways:The U.S. is launching a process to refund roughly $166 billion in tariffsMore than 330,000 importers and 53 million shipments may qualifyRefunds could begin within 60–90 days for simpler claimsSummary:The U.S. government has launched a new system to process refunds for tariffs imposed during the Trump administration under emergency powers. The refunds follow a Supreme Court ruling that found the tariffs unconstitutional because only Congress has authority to impose them. Businesses can now file claims through the new CAPE system, with payments expected to include interest. The refund process could become one of the largest repayments to importers in U.S. history and may improve liquidity for affected businesses.   Aave TVL Drops $8 Billion After Kelp DAO Hack Triggers Liquidity CrunchKey Takeaways:Aave lost nearly $8 billion in TVL over the weekendThe Kelp DAO exploit created around $195 million in bad debtStablecoin pools on Aave reached full utilizationSummary:Aave experienced a major liquidity crisis after hackers used stolen rsETH from Kelp DAO as collateral to borrow funds. The incident triggered roughly $8 billion in withdrawals and left several stablecoin pools fully utilized, preventing withdrawals. The exploit highlights how interconnected DeFi protocols remain and how quickly risk can spread across the ecosystem. Aave’s security systems are now facing their biggest real-world test.  Binance Co-CEO Richard Teng at Hong Kong Web3 Festival 2026: Stablecoins, TradFi convergence, regulation, and why AI's native currency is cryptoKey Takeaways:Richard Teng said stablecoins are the future of cross-border paymentsHe believes stablecoins will become the native currency of AIBinance is expanding further into tokenized assets and TradFiSummary:At the Hong Kong Web3 Festival, Richard Teng argued that stablecoins are becoming a core part of global payments infrastructure. He said AI agents will increasingly rely on blockchain-based currencies because they require programmable, instant, and borderless payment rails. Teng also highlighted Binance’s growing role in commodities, tokenized products, and institutional finance. His comments reinforce the view that stablecoins could become one of crypto’s biggest long-term use cases. Yi He at Hong Kong Web3 Festival 2026: From 3 Billion Users to Becoming Global Financial InfrastructureKey Takeaways:Yi He said Binance is now targeting 3 billion usersBinance does not plan to follow big tech layoffsShe believes crypto and TradFi are becoming one systemSummary:Yi He said Binance’s long-term ambition is no longer just to be an exchange, but to become global financial infrastructure. She revealed that Binance is now targeting 3 billion users and sees AI, blockchain, and traditional finance converging into a single ecosystem. Binance is also expanding into commodities such as gold, silver, and crude oil. Her comments reflect Binance’s broader effort to position itself as a full financial super app rather than a pure crypto platform.Market movers:ETH: $2304.8 (-0.45%)BNB: $625.63 (+0.87%)XRP: $1.4159 (-0.23%)SOL: $84.95 (+0.09%)TRX: $0.3297 (-1.11%)DOGE: $0.09446 (+0.76%)U: $0.9996 (+0.00%)WBTC: $74814.52 (-0.14%)XAUT: $4772 (-0.07%)BCH: $441.8 (+0.55%)

Key Takeaways
Bitcoin has moved back above $75,000 after briefly falling below that level earlier.Traders continue to focus on the CME futures gap between roughly $74,600 and $77,500.The Kelp DAO exploit continues to pressure DeFi markets and altcoins.Oil prices and Iran-related headlines remain key macro drivers.
Bitcoin Climbs Back Above $75K
Bitcoin has recovered above $75,000 after pulling back from Friday’s high above $78,000.
The rebound comes as traders continue to position around the large CME futures gap left behind after the weekend.
Ethereum has also stabilized near $2,300 after falling from Friday’s peak near $2,460.

CME Gap Still in Focus
Bitcoin futures on CME closed Friday near $77,540 and reopened around $74,600, creating an upside gap of nearly 4%.
Historically, Bitcoin often revisits these gaps, leading many traders to expect a move back toward the $77,000–$78,000 range.
The recovery above $75,000 strengthens the possibility that BTC could continue pushing higher if risk sentiment improves.
Iran Headlines and Oil Prices Continue to Drive Markets
Macro conditions remain volatile as investors continue to monitor developments around Iran and the Strait of Hormuz.
Oil prices remain elevated after renewed disruptions to shipping routes over the weekend, while US stock futures have traded more cautiously.
Despite this, Bitcoin has continued to outperform many traditional risk assets during the recent period of geopolitical uncertainty.
Kelp DAO Hack Still Weighs on DeFi
The fallout from the Kelp DAO exploit continues to affect the DeFi sector.
The attack caused billions of dollars in withdrawals from Aave and triggered concerns about bad debt and liquidity shortages.
While the AAVE token has stabilized somewhat after its sharp weekend decline, DeFi sentiment remains fragile.
Traders Remain Positioned for Volatility
Derivatives markets continue to show cautious sentiment.
Funding rates for major crypto assets remain slightly negative, indicating that many traders are still betting against a sustained breakout.
That short positioning could help fuel another rally if Bitcoin continues to hold above $75,000 and pushes toward the CME gap zone.
Key Levels to Watch
For Bitcoin, traders are watching:
Support near $74,000–$75,000Resistance near $76,000CME gap target near $77,500Larger breakout target near $80,000
As long as Bitcoin remains above $75,000, the short-term structure continues to favor the bulls despite ongoing macro and DeFi-related risks.