Bitcoin OG Holder Records Over $51M Floating Profit Amid Market Rally

Bitcoin spot ETF experiences five consecutive weeks of net outflows, marking the longest outflow since early 2025.

Last week, the US Bitcoin spot ETF experienced a net outflow of approximately $316 million, marking five consecutive weeks of outflows and the longest streak since early 2025; Ethereum ETFs also saw net outflows. In contrast, altcoin ETFs performed better, with Solana and XRP both experiencing small net inflows. Trump’s policies influenced Bitcoin price fluctuations, sparking market concerns over risk assets.

Data: If BTC breaks through $67,982, the total liquidation strength of mainstream CEX short positions will reach $1.669 billion.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $67,982, the total liquidation strength of long positions on major CEXs will reach $1.669 billion. Conversely, if BTC drops below $61,590, the total liquidation strength of short positions on major CEXs will reach $1.055 billion.

Bitcoin Treasury Company ProCap's stock price has plummeted 85% from its peak, and it has initiated a buyback plan.

ProCap Financial is repurchasing its own shares BRR to address the situation where the stock price is below net asset value. Recently, it repurchased 148,241 shares worth approximately $359,000, with the goal of continuing to buy back until the market price is significantly below net asset value. The current stock price is $2.42, representing a cumulative decline of 85% from the peak.

Engie considers battery storage or Bitcoin mining in Brazil

Engie is considering implementing a battery storage system or building a Bitcoin mining data center at its Assu Sol solar plant in Brazil to mitigate the negative impact of power curtailment on project profits. As renewable energy expands, managing surplus energy becomes crucial for maintaining financial efficiency.