1.Michael Saylor Highlights Bitcoin Efficiency
Michael Saylor, founder of Bitcoin Treasury company Strategy, emphasized Bitcoin's global transfer capability within minutes at $0.44 fees, even during bank holidays. He highlighted that despite past scalability concerns during the 'Blocksize Wars,' Bitcoin's on-chain fees remain low with ample network bandwidth over a decade later, showcasing market mechanisms and innovation solving systemic challenges. Link
2.Vitalik Buterin on Ethereum Neutrality
Ethereum co-founder Vitalik Buterin stressed the importance of decentralization and neutrality in Ethereum's protocol, emphasizing its permissionless and censorship-resistant nature. He clarified that while individuals can make value judgments and criticize applications, the protocol layer should remain neutral, allowing diverse ideologies to use Ethereum freely while communities build ecosystems aligned with their values. Link
3.Kevin O'Leary on Bitcoin & Quantum
Kevin O'Leary stated he remains long on Bitcoin but noted quantum computing concerns are making institutions cautious, limiting their Bitcoin allocations to 3%. These unresolved technological risks are currently acting as a barrier to larger institutional adoption despite ongoing interest in Bitcoin as an investment.
📊 Market Shifts
1.Market Sees $220M Liquidations
The crypto market experienced $220 million in liquidations over the past 24 hours, with $137 million from long positions and $82.47 million from shorts. Bitcoin contributed $89.07 million in liquidations ($63.86M long, $25.21M short), while Ethereum saw $52.2 million ($30.16M long, $22.04M short), with Hyperliquid's BTC-USD pair recording the largest single liquidation at $11.2158 million.
🐋 Whale Movements
Wallet '77DsB' received 3.75B $PUMP ($25.39M) from Token Custodian Wallet 7 months ago and recently sold 543.23M $PUMP for 1.207M $USDC
The team behind @Pumpfun shows conflicting signals with simultaneous buying and selling of $PUMP tokens
Despite selling, the wallet still holds 3.2B $PUMP worth $7.07M, indicating significant ongoing holdings