Global liquidation of $314 million positions... ETH sets a new record for largest single transaction.
According to data from cryptocurrency data platform CoinGlass, 89,394 investor positions were liquidated globally in the past 24 hours, with a total liquidation amount of approximately $314 million. Of this, short positions were liquidated for approximately $241 million, while long positions were liquidated for $72.15 million. The largest single liquidation occurred in the ETH-USDT perpetual contract market on the Bitget exchange, with a single liquidation amount of approximately $32.51 million.
MicroStrategy announces it will increase its Bitcoin holdings.
MicroStrategy, led by Michael Thaler, announced it will increase its Bitcoin holdings. This news was posted on February 8th by cryptocurrency expert Twitter user Pete Rizzo (@pete_rizzo_) with the caption "Breaking: Michael Thaler just announced strategy is to buy more #Bitcoin". Michael Thaler has consistently made BTC purchases a core part of his company's financial strategy, and this announcement is fueling market expectations for further price increases.
A new address withdrew 30,000 ETH from Binance... possibly an institutional transfer.
According to data from on-chain analytics firm Onchain Lens, a newly created Ethereum wallet (address: 0x929f...faE9) withdrew approximately 30,000 ETH from Binance. This withdrawal amounts to about $63.48 million, and such a large-scale fund transfer could impact investor sentiment. The fact that it's a new address has also sparked speculation about the possibility of long-term holdings or institutional transfers.
Billionaire Grant Cardone: "Bitcoin is real... with superior transaction performance and technological advantages."
Billionaire investor Grant Cardone has made comments criticizing gold and supporting Bitcoin.
Cardone stated on X (formerly Twitter): "If you want to sell $10 million worth of gold right now, you'll only get 70% of the market price," highlighting the low liquidity and difficulty in converting physical gold assets into cash.
He went on to emphasize: "Bitcoin (BTC) is real," and "transactions worth millions of dollars can be completed in minutes. BTC is not just a currency, it's technology."
These remarks echo the recent trend of increased institutional investment in BTC and are attracting market attention.
Jack Mallesons: "The existing financial system must be burned... Bitcoin is the answer."
Strike CEO Jack Malles, known for his support of Bitcoin, strongly criticized the existing financial system on X (formerly Twitter) on the 8th. He stated, "The people who run banks and Wall Street are 'pedophile monsters,' and this system must be fixed for the children." He emphasized that "this system must be burned down at its core, and Bitcoin will be the answer." Malles is a figure who consistently emphasizes the necessity of Bitcoin adoption and decentralization.
Vitalik Buterin: "ETH is a traditional store of value."
On August 8, Vitalik Buterin stated on X (formerly Twitter): "ETH (Ethereum) is a traditional store of value and one of the most core and important applications within Ethereum." This statement is seen as an attempt to highlight ETH's long-term utility and asset attributes.
Huobi founder Li Lin clarifies rumors: "I have never reduced my BTC/ETH holdings..."
Huobi founder Li Lin clarified recent rumors circulating in the market, stating that he has no investment relationship with LD or Garrett Gin, and has never reduced his Bitcoin (BTC) or Ethereum (ETH) holdings during this round of price increases. He said, "Although I have been out of the market for many years, I still need to come forward to clarify rumors every year," and earnestly requested that he not be associated with unfounded speculation this time either.
Bitcoin breaks $97,000
Ethereum breaks $2,100
According to cryptocurrency exchange OKX, Ethereum (ETH) has broken through $2,100. The current price is $2,101.61, representing a 5.6% increase in the last 24 hours.
