Main password: Binance ETH contract main player executed a limit order with an amount of 19.37 million US dollars

Large traders are betting on a BTC price rise to $72,000 by the end of the month, latest options market flow suggests.

According to Bitcoin News, US Senator Elizabeth Warren has requested President Trump to disclose cryptocurrency income and holdings from January 1st to July 15th, and has requested completion by July 23rd. Elizabeth Warren stated in a letter dated July 16th that Congress cannot fairly debate cryptocurrency legislation in the absence of partial disclosure of the President's financial exposure to the industry. This requirement comes at a time when the Senate is considering the CLARITY bill, and Elizabeth Warren believes that lawmakers need to have the latest information on Trump's cryptocurrency interests before advancing legislation that may directly affect the value of his holdings.

According to on chain analyst Yu Jin's monitoring, Giant Whale Geministar.eth transferred 19235 ETH (35.34 million US dollars) to Binance. These ETH were proposed by geministar.eth from Binance a month ago, with a price of $1766 at the time. This transfer resulted in a profit of approximately $1.4 million.

Japanese financial services company SBI Holdings has acquired a majority stake in Singapore cryptocurrency exchange Coinhako and has received regulatory approval.

CryptoQuant analyst Axel Adler stated that the Bitcoin Derivative Market Power indicator has decreased from 41% to 13%, indicating a weakening of bullish momentum in the Bitcoin derivative market, but the market has not yet fully turned bearish. The price of Bitcoin remains around 63900 US dollars, indicating strong market capacity. Axel Adler believes that the market needs to pay attention to changes in the flow of derivative funds. If the indicator falls into negative territory, bearish forces will dominate. If prices remain stable, it reflects that spot demand is still supporting the market.