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BlockBeats News, July 7th, Renowned trader Killa (@KillaXBT) stated that Bitcoin holding above last week's closing level (around $59,000) would pave the way for a move towards $65,600. Furthermore, regarding the "Strategy's historical sale of 3,588 BTC," Killa mentioned that the Strategy did not sell through the open market but rather via institutional trades to avoid significantly impacting the Bitcoin price. This, to some extent, also explains Bitcoin's price action of a dip followed by a rebound last night. As a BTC-focused quantitative trader, Killa had predicted the peak of this bull market in May 2025 and has over 200,000 followers on Platform X. In mid-April, positioned a short on Bitcoin at $74,688 and switched to a long position during the market-wide downturn on June 5th.

Foresight News reported, according to monitoring by Lookonchain, three addresses opened approximately $149 million worth of BTC and ETH long positions. Among them, the address starting with 0x15a4 went long 1,000 BTC (about $63.8 million) with 40x leverage; the address starting with 0x7fba went long 30,627 ETH (about $54.9 million) with 10x leverage; and the address starting with 0xe069 went long 470.4 BTC (about $30 million) with 20x leverage.

Former Chainlink communications team member Anastasia Golovina has joined Hyperliquid as Chief Communications Officer. Anastasia Golovina has worked in the crypto industry for over 8 years.