According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, with Trend Research essentially completing its liquidation, their final loss on ETH is now clear: approximately $734 million. They entered long positions at an average price of $2,667 for 231,000 ETH and liquidated at an average price of $4,027, making a profit of $315 million. They also entered long positions at an average price of $3,180 for 651,500 ETH and liquidated at an average price of $2,053, incurring a loss of $734 million. However, according to some sources, while Trend Research suffered a huge loss on ETH, the fund as a whole did not lose money; only previous profits were largely wiped out. Their profits in other cryptocurrencies offset the ETH losses; for example, they made money on WLFI and FORM.

According to Lookonchain monitoring, two whales have accumulated a total of 29,079 ETH in the past half day. Specifically: 0x46DB withdrew 19,503 ETH (worth $40 million) from OKX in the past 13 hours, and 0x28eF withdrew 9,576 ETH (worth $19.78 million) from Binance in the past 8 hours.

Odaily Planet Daily reports that Caixin published an article titled "China Allows Domestic Assets to Issue RWAs Overseas: Regulatory Framework Announced," which states that the issuance of RWAs (Real-World Asset Tokenization) overseas by Chinese domestic assets will no longer be a gray area. Regulatory authorities believe that foreign debt RWAs, equity RWAs, and asset securitization RWAs should be regulated according to the principle of "same business, same risk, same rules," referring to the same legal and regulatory oversight as their corresponding traditional financing businesses. Therefore, foreign debt RWAs are regulated by the National Development and Reform Commission (NDRC); equity RWAs and asset securitization RWAs are regulated by the China Securities Regulatory Commission (CSRC). Similar to traditional overseas financing businesses, overseas RWAs also involve the repatriation of funds raised overseas, which is regulated by the State Administration of Foreign Exchange (SAFE). Other forms of RWAs are regulated by the CSRC in conjunction with relevant departments according to their respective responsibilities. In short, there are three types of RWA: foreign debt RWA, equity RWA, asset securitization RWA, and other forms of RWA. The first three correspond to the traditional overseas financing business, where corporate foreign debt is reviewed and registered by the National Development and Reform Commission, stock issuance is reviewed by the stock exchange and registered by the China Securities Regulatory Commission, and asset securitization is reviewed by the stock exchange. All other situations are classified as the fourth type.

According to data from Polymarket, as reported by Odaily Planet Daily, trading volume for the Super Bowl has exceeded $690 million, currently standing at $699 million. Only one Super Bowl game remains, with Seattle having a 68% chance of winning and New England a 32% chance.

According to Odaily, Vietnam's Ministry of Finance proposes to tax cryptocurrency transfer transactions conducted through licensed service providers at a rate of 0.1%, consistent with the current stock transaction tax rate. The draft policy released by the Ministry of Finance stipulates that individual investors, regardless of their place of residence, will be required to pay a 0.1% tax on the transaction value when conducting cryptocurrency transfers. Institutional investors will be subject to a 20% corporate income tax on profits earned through cryptocurrency transfers, calculated based on profits after deducting purchase costs and related expenses. However, cryptocurrency transfers and transactions will be exempt from value-added tax (VAT). The draft also formally defines crypto assets as digital assets that rely on encryption or similar technologies for issuance, storage, and transmission verification. The proposed legal capital threshold for establishing digital asset exchanges is 10 trillion Vietnamese dong (approximately US$408 million), with a maximum foreign ownership limit of 49%. (Hanoitimes)