News

On December 20th, according to HyperInsight monitoring, a whale who made only 1 profitable trade out of 14 this month entered a short position on ETH 9 hours ago, shorting 351.92 ETH (approximately 1.05 million USD) with 25x leverage, at an average entry price of 2983.47 USD, currently in a slight loss position.

A whale, who has only made a profit in 1 out of 14 trades this month, entered a short position on ETH 9 hours ago, shorting 351.92 ETH (approximately $1.05 million) with 25x leverage at an average entry price of $2,983.47. The position is currently at a slight loss.

BlockBeats News, December 20, according to Reuters, Strategy (MSTR.O) may soon be removed from MSCI and other major stock indices. Analysts say this move could cost the company, which holds a large amount of bitcoin, up to $9 billion in stock demand and weaken the appeal of the entire sector. In response to client inquiries, MSCI proposed in October to remove companies whose digital asset holdings account for 50% or more of total assets from its global benchmark indices. MSCI believes such companies are more like investment funds, which are not included in its index system. However, many related companies have argued that they are engaged in actual operations and developing innovative products, and believe MSCI's proposal is unfairly discriminatory against the crypto industry. In addition, dozens of companies have been inspired to include crypto tokens on their balance sheets in hopes of future appreciation, but questions about the sustainability of these business models are also increasing. MSCI is conducting a public consultation and will announce its final decision on January 15. Analysts point out that if MSCI excludes Digital Asset Treasury (DAT) companies from its indices, other index providers may follow suit.