Short positions in cryptocurrency market lose $102 million within 24 hours

The number of active perpetual contract traders on Hyperliquid has reached 263419. （Cointelegraph）

Lyn Alden stated that the value of Bitcoin lies in the fact that anyone can fork it, but the difficulty lies in obtaining consensus from others, and Bitcoin operates without the need for judgment, relying only on nodes and miners. （Bitcoin Archive）

In the past 24 hours, short positions in the cryptocurrency market have lost over $102 million, with TUT token's 117% increase contributing nearly half of the losses. （Cointelegraph）

Nansen analyst Asvanevik believes that Bitcoin has hit bottom and expects it not to fall below $60000 again. （Cointelegraph）

The SemiAnalysis report states that SpaceX's goal of adding over 10GW of computing power by the end of 2027 is feasible. Musk stated that SpaceX's conservative goal is to deliver 6 to 8GW of incremental computing power by 2027, with an upward space of over 10GW. Based on a capital expenditure of approximately $50 billion per GW, the capital expenditure in 2027 could reach $300 billion to $500 billion. The SemiAnalysis model shows that OpenAI and Anthropic can generate over $100 billion in revenue per GW annually when providing API inference services in the GB300 cluster; Calculated at a rental price of $3 per GPU per hour, the annual cost per GW is approximately $12 billion. SemiAnalysis estimates that the $250 billion infrastructure agreement signed between Microsoft and OpenAI in October 2025 corresponds to approximately 7GW of computing power, and it is possible for Microsoft and SpaceX to sign a computing power contract worth approximately 3GW and a total value of approximately $150 billion. SemiAnalysis expects SpaceX's annual recurring revenue to reach $300 billion by the end of 2027.