Odaily星球日报

2025 marks the 'industrial revolution' of financial discipline in the cryptocurrency market. In this year, on-chain protocols demonstrated an unprecedented cash flow generation capability, further attempting to reshape the underlying logic of token economics through over $1.4 billion in total buyback expenditures. This figure represents exponential growth compared to previous years, driven not only by the maturity of DeFi protocol business models but also by the structural shift in the regulatory environment in the United States—particularly the advancement of the (Digital Asset Market Clarity Act) and the (GENIUS Act), which provide a compliant pathway for the supply management of 'digital goods'.

1. A certain whale's full liquidation of DOGE long position resulted in a loss of 2.7 million dollars;

2. Aster: Allocating 20% to 40% of daily platform fees for the buyback of ASTER;

3. A new address withdrew 10057 ETH from Binance and engaged in circular borrowing to long stETH;

4. Brother Ma Ji had an unrealized loss of 1.53 million dollars in 24 hours, currently holding a long position worth 44.34 million dollars;

5. “1011 Insider Whale” evaporated 35 million dollars in 1.5 hours, with unrealized profits narrowing to 13.09 million dollars;

6. ETH dropped below 3200 USDT, with a 24H decline of 3.42%;

7. Bitcoin fell to 91,900 dollars, and the crypto market experienced a ‘flash crash’ early Monday morning;

1. A certain whale's full liquidation of DOGE long position resulted in a loss of 2.7 million US dollars;

2. Aster: Allocating 20% to 40% of daily platform fees for ASTER buybacks;

3. A new address withdrew 10,057 ETH from Binance and is using it for circular lending to long stETH;

4. Brother Ma has a floating loss of 1.53 million US dollars for 24 hours, currently holding a long position of 44.34 million US dollars;

5. The '1011 Insider Whale' evaporated 35 million US dollars in 1.5 hours, with floating profit narrowing to 13.09 million US dollars;

6. ETH broke below 3,200 USDT, with a 24H decline of 3.42%;

7. Bitcoin dropped to 91,900 US dollars, crypto market experienced a 'flash crash' on Monday morning;

1. Popular cryptocurrencies on CEX

CEX trading volume Top 10 and 24-hour price change:

BTC：- 2.40%

ETH：- 2.52%

SOL：- 6.21%

XRP：- 5.29%

BNB：- 2.69%

DOGE：- 7.76%

DASH：+ 9.66%

SUI：- 10.61%

ADA：- 7.89%

TRX：- 0.47%

24-hour gain ranking (data source: OKX):

VRA： + 20.16%

ME： + 10.49%

DASH： + 6.62%

IP： + 5.94%

BERA：+ 5.92%

BARD： + 4.19%

GEAR： + 3.77%

MERL： + 2.80%

ACH： +2.01%

LEO：+ 1.91%

24-hour coin stock gain ranking (data source: msx.com):

Bitcoin Origins - MSX（BTOG.M）：8.46%

STKE - MSX（STKE.M）：4.31%