Odaily News According to Ember's monitoring, whales exchanged 220.1 cbBTC (about $20.81 million) for 6,202.4 ETH at an exchange rate of 0.0354 at the beginning of the year. At that time, BTC was quoted at $94,548 and ETH was quoted at $3,355. If the address holds the currency to date, its BTC holdings will appreciate to about $23.72 million, while ETH is currently worth only $15.35 million, with a paper loss of up to $8.37 million. What is more noteworthy is that the address has recently started a new round of band operations: 4 days ago, 3,158 ETH were sold at a price of $2,378 for about 7.51 million DAI, and then 3 hours ago today, this DAI was used to repurchase 3,053 ETH at a price of $2,460. This round of operations caused it to lose 105 ETH (about $260,000).

Odaily News Sources revealed that many local brokerages in Hong Kong (such as Victory Securities, Aide Securities, etc.) have completed the No. 1 license upgrade, and Guotai Junan International is not the only Chinese brokerage to apply for such a license. In the future, more institutions may enter the market for compliant crypto trading services. The business carried out by the above-mentioned brokerages is a "distribution" trading service, not a proprietary exchange model. It mainly provides compliant trading channels for mainstream currencies such as BTC and ETH by setting up an omnibus account on a licensed exchange, and does not involve high-risk altcoins. At present, the compliance requirements of these brokerages in terms of customer due diligence, suitability management and investor education are basically the same as those of Guotai Junan International, and all prohibit residents of mainland China from participating. (Yicai Global)

Odaily News Hong Kong-listed Victory Securities (08540.HK) rose more than 100% in the short term and is now trading at HK$0.56. On the news front, media reports said that several local Hong Kong brokerages, including Victory Securities, have completed the upgrade of the No. 1 license (securities trading).

Odaily News Metaplanet announced that it purchased 1,234 BTC for approximately $132.7 million, with a unit price of approximately $107,557. As of June 26, 2025, the company holds a total of 12,345 BTC, with a total purchase cost of approximately $1.2 billion and an average cost of approximately $97,036 per BTC. So far this year, the company's Bitcoin yield has reached 315%.

Odaily News According to the official account, Bithumb will launch the SAHARA Korean won trading pair.

Odaily News OKX market shows that BTC has broken through 108,000 USDT and is now at 108,038.4 USDT, with a 24-hour increase of 1.45%. (This newsletter is generated by AI)