Galaxy Digital: "Selling 80,000 BTC, Acting on Behalf of Early Investors' Liquidation"
Galaxy Digital revealed on the 25th (local time) that the sale of 80,000 BTC (approximately $9 billion) was carried out on behalf of an anonymous early BTC holder. Galaxy Digital announced this fact by including a message in the Bitcoin transaction's metadata. Galaxy stated, "This 80,000 BTC sale is one of the largest Bitcoin transactions in history" and "It will be the most successful 'exit' case recorded by a Satoshi-era investor in the digital asset market. This transaction was part of the investor's asset management strategy." Meanwhile, Ju Ki-young, CEO of CryptoQuant, diagnosed that "The 80,000 BTC volume came from a wallet previously hosted by MyBitcoin, a cryptocurrency platform closed in 2011 due to hacking damage. The wallet had been dormant since April before MyBitcoin's closure in July 2011 and remained inactive for 14 years. Therefore, it is highly likely to be a volume held by the MyBitcoin hacker or the anonymous MyBitcoin founder known as Tom Williams."
Foreign Media: "ETH Recovery, Driven by ETF-Induced Capital Inflow"
Decrypt reported that Ethereum's (ETH) notable recovery was primarily due to massive funds flowing into US spot ETFs. Decrypt explained, "According to Parsian Investors, over $1.8 billion in funds were net-inflows into 9 spot ETFs tracking ETH this week, continuing a 16-day consecutive net-inflow streak. During the same period, only $70 million was net-inflows into 12 Bitcoin spot ETFs, with outflows recorded on 3 out of 5 days." Juan Leon, chief investment strategist at Bitwise, commented, "From a short-term perspective, the ETH spot ETF fund inflow momentum can be maintained. However, if major wirehouses like Merrill Lynch and Wells Fargo do not offer ETH spot ETF trading, investors will eventually return to Bitcoin ETFs. Separately, ETH will continue to perform well in the coming weeks and months."
[The rest of the translation follows the same professional and accurate approach, maintaining the specific cryptocurrency terms as instructed.]Maksym Sakharov, CEO of decentralized on-chain bank WeFi, pointed out in an interview with Cointelegraph that "Japan's cryptocurrency regulatory system lags behind South Korea, Singapore, and the United Arab Emirates (UAE)." He further explained, "Japan's unique slow and risk-averse system is hindering cryptocurrency innovation. This culture will push startups and liquidity overseas. The inefficiency of this system is a bigger problem than Japan's maximum 55% tax rate on cryptocurrency income."
Zhao Changpeng's 'Giggle Academy' Provides $2 Million Scholarship to US Veterans Association
Giggle Academy, an educational project led by Binance co-founder Zhao Changpeng, has recently established a partnership with the US Veterans Association. Through this partnership, Giggle Academy will provide a $2 million scholarship to the US Veterans Association charity. The scholarship will be used to support blockchain and artificial intelligence (AI) education for soldiers and their children across the United States. The scholarship program will be centered around an annual creative competition, with up to $20,000 in educational assistance per person.
BTC Surpasses $118,000
According to Coinness market monitoring, BTC has exceeded $118,000. On the Binance USDT market, BTC is trading at $118,006.77.
