MarsBitNews

Ethereum Space Futures Market ETHGas completes $12 million funding to address Ethereum Gas fee volatility, providing liquidity through block space auctions to achieve predictable transaction costs. Although the design is promising, it may lead to market manipulation by institutional users, resulting in increased retail trading costs and arbitrage issues. ETHGas needs to balance these challenges to ensure effectiveness.

Mars Finance reports that CryptoQuant analyst Julio Moreno pointed out that whales are not accumulating large amounts of Bitcoin, but rather the appearance of increased whale holdings is due to a concentration of Bitcoin in a few exchange addresses. After excluding exchange addresses, data shows that whale balances have decreased, and the trend for addresses holding 100-1000 BTC is similar.

Mars Finance reports that according to Arkham data, at 23:29, 1,043,000 TON (worth approximately $18.04 million) was transferred from an anonymous address (starting with EQCopper1US...) to another anonymous address (starting with Ef9Copper3W...). Subsequently, this address transferred part of the TON to the TON Elector.

In the past 24 hours, the total liquidation amount across the entire network reached $209 million, including long and short positions in Bitcoin and Ethereum. The number of people liquidated was 87,865, with the largest single liquidation amounting to $18.7528 million.

Hyperliquid platform whale holdings total $5.45 billion, with long and short positions nearly balanced. Long position profit and loss: -$175 million, short position profit and loss: $248 million. A whale is fully long on ETH at $3147.39, unrealized P&L: -$20,251,300.

Bitcoin mining company Bitfarms has signed a $30 million purchase agreement with Sympatheia Power Fund managed by Hawksburn Capital in Singapore to sell its Paso Pe mining farm, with cash expected to be received in two installments. This marks Bitfarms' exit from the Latin American market.

According to Mars Finance, Arkham data shows that recently there have been three large ETH transfers, totaling 13,808.33 ETH, with a total value of approximately $322 million. These transfers all occurred between anonymous addresses.

OSL Group completes strategic acquisition of Web3 payment service provider Banxa, marking a significant advancement in its stablecoin trading and payment ecosystem development. This move will enhance its global compliant payment network, and after integrating Banxa, it will acquire over 40 international payment licenses to help meet cross-border commercial payment needs.

火星财经消息，据 BeInCrypto 报道，Strategy 股票（MSTR）在 2025 年表现不佳，下跌 49.3%，持续的抛售压力导致股价跌至 2024 年 9 月下旬以来的最低水平。

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Written by: Omid Malekan
Translated by: AididiaoJP, Foresight News
This is a warning: as traditional finance gradually embraces blockchain, the moves of the largest financial intermediaries are very likely to foreshadow future failures. The more enthusiastically they adopt a particular form of the crypto world, the less likely that form is to succeed in reality.
These giant exchanges, clearinghouses, banks, brokers, and payment providers—these well-known names—will likely make headlines in the coming year due to their "cautious" embrace of blockchain.
How these institutions "go on-chain" mainly reflects their desire to maintain their power and profits, rather than revealing some truth about the future of crypto.
This is not a critique of these institutions, nor a conspiracy theory rooted in ideology. First and foremost, it is an extension of a core principle that underpins the entire crypto world:激