CoinEx Daily: Bitcoin Continues to Fluctuate; Industry Executives Join Crypto Advisory Council

Overview

Bitcoin drops slightly to $97,000; potential candidates for Trump’s Crypto Advisory Council revealed, including industry executives such as former Kraken General Counsel Marco Santori, Ripple co-founder Brad Garlinghouse, Circle CEO Jeremy Allaire, Coinbase CEO Brian Armstrong, and Crypto.com CEO Kris Marszalek.

Daily Macro

Bitcoin Market Status:  Bitcoin is in a period of fluctuation; altcoin market remains weak.

Bitcoin ETF Activity: $140million net outflow yesterday.

Ethereum ETF Activity: $17million net inflow yesterday.

Macroeconomic Data: The U.S. SEC has accepted Grayscale’s 19b-4 application for a Solana ETF.

Daily Focus

ONDO

Reason for Focus: Ondo Finance announced the launch of its Layer 1 blockchain, Ondo Chain, designed to accelerate the creation of institution-grade financial markets on-chain. Ondo GM has been launched to provide global investors with on-chain access to U.S. public securities.

Related Token Performance (24H):

ONDO：: +2%

Market Analysis: ONDO has recently launched several major initiatives, attracting significant market attention and investment.

Next Focus

PUMP.FUN

Reason for Focus: Pump.fun transferred 140,285 SOL to Kraken again, worth $26.6 million. In 2025, Pump.fun sold a total of 1,021,162 SOL, valued at $208.32 million.

Market Analysis: Pump.fun has generated a total of 2,724,719 SOL in revenue, worth $525.81 million, and regularly sells into the market, putting pressure on prices, especially during periods of lower liquidity.