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03:39
Whale "Baisheng War God" opens a 40x leveraged short position on nearly 50 BTC with an average entry price of $92,081.6
According to HyperInsighti monitoring, the whale "百胜战神" has shorted 49.95 BTC with 40x leverage, with an average entry price of $92,081.6, and is currently facing an unrealized loss of $6,500. This address has previously completed a total of 152 trades, with only 4 trades accumulating a loss of $5,191.12, while the remaining 148 trades were closed with profits. The total account profit has reached $293,700.
03:38
BitMine to Hold Shareholder Vote on Share Issuance
ChainCatcher reports that the crypto market is about to witness two major key events: First, the U.S. Senate Banking Committee will vote on the CLARITY Act. This bill aims to combat wash trading, deceptive trading, and fake trading volumes, and will mandate proof of reserves, which is expected to finally address the long-standing regulatory issues in the cryptocurrency sector. In addition, it will be BitMine Shareholders' Day, during which shareholders will vote on a stock issuance proposal. If the vote passes, BitMine will obtain more funds to purchase ETH, thereby boosting expectations for the ETH price.
03:38
BitMine will hold a vote on the 15th to issue additional shares to increase its ETH holdings.
On January 15, BitMine shareholders will vote on a stock issuance proposal, planning to increase the number of shares from 500 million to 50 billion. If the vote passes, BitMine will obtain more funds to purchase ETH.
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