Woofun AI data shows that BlackRock transferred an additional 3,625 BTC and 20,598 ETH to Coinbase, bringing the total Bitcoin deposits to $918.5 million within a three-day period.

Meanwhile, Michael Saylor stated that digital credit facilities enabled Strategy to acquire 175,000 BTC this year during bearish market conditions. In other developments, Circle co-founder argued that consortium stablecoins face significant hurdles due to network effects, while ARK Invest executive warned that OpenUSD might replicate past collaborative failures. Citigroup lowered its 12-month Bitcoin price target from $112,000 to $82,000, and a whale opened a 20x leveraged long position on 800 BTC valued at $47 million.