Odaily Morning News

1. Polygon Foundation CEO: 100 million POL tokens have been permanently burned, representing approximately 1% of the total supply;

2. PitchBook: Kalshi's base-case valuation is approximately $30.4 billion, with a maximum potential valuation of $42.1 billion;

3. Robinhood CEO reduced holdings by over $32.54 million in company stock, with direct holdings dropping to 6,907 shares;

4. With a position value of $105.39 million, a trader who went long on BTC with 20x leverage ultimately profited $176,600;

5. Yi Lihua: Bitcoin faces significant resistance near $86K, but long opportunities should still be sought amid the bull market trend;

6. With unrealized gains of $12.949 million, point farm capital heavily accumulated 39.2 million STONK tokens and topped the 24-hour profit rankings;

7. Whale Loracle added to a 3x leveraged PONS short position, with overall position unrealized losses reaching $7.75 million;

8. "Machi Big Brother" added a new 10x PUMP long position, with account unrealized gains rebounding to $780,000.