Pension funds begin to view Bitcoin as a store of value

Jack Mallers stated that the price increase of Bitcoin is due to an increasing number of institutions and countries starting to purchase Bitcoin. （The Bitcoin Historian）

[CZ Counterparty Address Tops Hyperliquid Loss Rankings] On-chain data shows that CZ's disclosed counterparty address 0x9ee...1daAb ranks first on Hyperliquid's 24-hour and 7-day loss leaderboards. Currently, the address holds long positions in ETH and XRP with a total value of $220 million, accumulating unrealized losses of $36.07 million. Among these, the ETH position valued at $144 million has unrealized losses of $22.71 million. Additionally, the account's cumulative profit has significantly shrunk from a peak of $61.88 million to $6.42 million.

Pension funds are beginning to view Bitcoin as a genuine store of value, citing reasons such as its scarcity and long-term risk resistance. （Cointelegraph）

Monitoring shows that a newly created wallet has deposited 1.7 million USDC into HyperLiquid and opened a 20 times leveraged BTC long position. The whale has made a profit of $705000 in another wallet. （Onchain Lens）

Monitoring shows that the address 0x9eec98d048d06d09cd75318fffa3f3960e081daab has a total value of 220 million US dollars in ETH and XRP long positions on the Hyperliquid platform, with a current floating loss of 36.07 million US dollars, including a floating loss of 22.71 million US dollars in ETH positions worth 144 million US dollars. The account once achieved a peak profit of 61.88 million US dollars, but currently only 6.42 million US dollars remain. (Auntie Ai)