7 月 21 日，据链上分析师 Ai 姨（@ai_9684xtpa）监测，某巨鲸五月份时将 WBTC 换仓为 ETH，今天再换回 WBTC，两个月获利 11 枚 BTC
换仓为 ETH 后，ETH 涨了 48.7%(2527 美元涨至 3759 美元)，兑换到手的 WBTC 多了 11.64 枚（约 136.4 万美元）。

<div><p>7 月 21 日，据链上分析师 Ai 姨（@ai_9684xtpa）监测，某巨鲸五月份时将 WBTC 换仓为 ETH，今天再换回 WBTC，两个月获利 11 枚 BTC</p><p> 换仓为 ETH 后，ETH 涨了 48.7%(2527 美元涨至 3759 美元)，兑换到手的 WBTC 多了 11.64 枚（约 136.4 万美元）。</p></div>

某巨鲸已将ETH换仓回WBTC，获利达136.4万美元

On July 21, according to blockchain analyst <Ai 姨(@ai_9684xtpa)>, a whale exchanged WBTC for ETH in May and then converted back to WBTC today, gaining 11 BTC in two months. After converting to ETH, ETH rose by 48.7% (from $2,527 to $3,759), and the obtained WBTC increased by 11.64 (approximately $1.364 million).

<div><p>On July 21, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale exchanged WBTC for ETH in May, and today exchanged back to WBTC, gaining 11 BTC in two months</p><p>After exchanging to ETH, ETH rose by 48.7% (from $2,527 to $3,759), and the WBTC received was 11.64 more (approximately $1.364 million).</p></div>

A whale has exchanged ETH back to WBTC, making a profit of $1.364 million

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Original article | Odaily Odaily(@OdailyChina)
Author | Asher (@Asher_0210)
On December 17, dingaling, the founder of the prediction market platform predict.fun, announced on the X platform that the platform has been officially launched and airdropped initial points to Meme traders on BNB Chain, Aster participants, and active users of various prediction markets.
Compared to traditional market forecasting firms like Polymarket and Kalshi...