A short position of 375.8 BTC worth $32.55 million was liquidated, with a certain address liquidated 4 times within 14 hours

According to Lookonchain monitoring, during Bitcoin's price surge, a certain address was liquidated 4 times within 14 hours, with a 375.8 BTC short position cleared, worth $32.55 million.

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Loracle's $7.1 million CASHCAT short position turns profitable, previously down $1.4 million
Odaily News: According to on-chain data, trader Loracle shorted CASHCAT two days ago with a position size of approximately $7.1 million. The position was previously down as much as $1.4 million, but has now turned to a floating profit of $194,000.Loracle's current short position accounts for approximately 4.4% of CASHCAT's total supply.
Garrett Jin closes 500 BTC short position, earning $80,000
Odaily News: According to EmberCN monitoring, Garrett Jin, the agent of the "BTC OG Insider Whale," closed a 500 BTC short position 10 minutes ago, earning $80,000. The address opened a 3x leveraged short position at an average price of $85,994 early this morning, and then closed it at an average price of $85,831.Garrett Jin also closed a BTC long position worth $112 million last night, earning $8.38 million.
Jack Butcher's "X Money $8" campaign has seen over 25,000 unique wallets participate
Odaily News: Digital artist Jack Butcher has released preliminary data for the "8 an open edition on x money" campaign, with approximately 7,162 X accounts and 25,225 unique wallets participating so far.Jack Butcher also stated that about 260 users sent single transfers exceeding $8, and the excess amount will be refunded.Previously, Jack Butcher launched this open edition campaign, where users needed to transfer $8 to him via X Money and include their ETH address in the memo, with the transaction ID serving as the random seed for generating the artwork.
A mysterious entity has accumulated a position of 21,520 ETH over 5 days, worth $55.8 million, with an unrealized profit of $3.253 million
Odaily reports, according to on-chain analyst Aunt Ai's monitoring, a mysterious entity has been buying ETH for 5 consecutive days since September 18, accumulating a total position of 21,520 ETH worth $55.8 million, with purchase prices ranging from $2,450 to $2,762. Currently, the average holding cost of this ETH is $2,593, with an unrealized profit of $3.253 million. Over the past 9 hours, 4 associated new addresses purchased 6,247.2 ETH.
SEC Innovation Exemption: First Batch of Tokenized Stock Trading Platforms May Announce Operational Plans as Early as Next Quarter
Odaily reports: Taylor Lindman, Chief Legal Counsel of the SEC Crypto Task Force, stated that under the newly introduced innovation exemption framework, the first batch of tokenized stock trading platforms may begin announcing operational plans as early as next quarter. The SEC has already received expressions of interest from multiple companies.The exemption is valid for 5 years, allowing eligible platforms to trade tokenized U.S. listed stocks on public, permissionless blockchains through permissioned AMMs and liquidity pools, with the relevant tokens required to retain traditional shareholder rights such as dividends and voting. SEC Commissioner Hester Peirce stated that the existing trading volume cap is sufficient to support commercial operations, and views the exemption as a transitional arrangement before long-term regulatory rules are introduced.
Apple and Google are recruiting stablecoin-related positions, exploring payments and digital asset businesses
Odaily reports that Apple and Google have both recently posted job openings related to stablecoins and digital assets.Apple is hiring a Head of Financial Product Strategy for Apple Pay, preferring candidates with experience in stablecoins, tokenized deposits, and blockchain; Google is hiring a Principal Industry Architect in Hong Kong to support Google Cloud's Web3 and digital asset business in the Asia-Pacific region, preferring candidates with experience in RWA tokenization, stablecoin payment networks, tokenized deposits, and digital asset custody. (Bloomingbit)
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