2026-04-11 13:00 to 13:15 (UTC), BTC recorded a short-term return of -0.45%, with a price range of 72526.3 to 72935.7 USDT, and the 15-minute swing amplitude was 0.56%. Overall market attention remains at a high level. Volatility is not extremely elevated, but downward pressure is clear, and disagreement between long and short positions in the short term has intensified. The main driving force behind this abnormal move is active sell pressure in the spot market. During this period, the combined total trading volume of the spot market and perpetual futures increased month-over-month by about 12%. Order book data shows a slight rise in resting sell orders, faster cancellations of buy orders, and short-term liquidity tightening, triggering

On April 9, Hyperinsight detected that address 0x94d3 increased its holdings by 81.06 BTC short positions. Its total position size is $75.2048 million, with an unrealized loss of approximately $1.8229 million, and it is currently the largest BTC short position on Hyperliquid. The address previously established a large BTC short position in reverse back in December of last year.

Changpeng Zhao, recalling the 2017 policy turmoil, said that after it, venture capital took a cautious approach, and Sequoia paused its collaboration. He felt disappointed, but he still achieved user growth after the policy shock. In the end, due to a valuation disagreement, Sequoia was unable to invest. CZ believes that venture capital only supports projects in good times.

Gate News message, on April 8, a CEX founder recalled in a new book that from the very beginning, the exchange’s token was positioned as being bigger than the exchange itself. In the white paper, it states: The token does not represent equity. As a utility token, holders can enjoy trading fee discounts, and the token’s use cases will not be limited to the exchange; in the future, it will also expand into blockchain and the DeFi ecosystem.

CZ, in his new book, recalls his experience of quitting high-frequency socializing activities around 2015, emphasizing that his core focus was working with high efficiency—compressing meetings, reducing ineffective communication, and concentrating on quickly executing projects. This shift became an important turning point in his career development and influenced his management style. He warns that “success slightly above average is the most dangerous,” as it can lead to complacency.

In his new book, CZ recalls a mistake he made when buying Bitcoin using BTC-e after Mt. Gox collapsed. He accidentally sent 46 BTC to the wrong address, resulting in the permanent loss of the assets, worth about $30k. He highlighted the risk of blockchain transactions being irreversible and the lack of a centralized compensation mechanism.

Gate News update. On April 8, CZ (Changpeng Zhao) recalled in his new book that in July 2013, he first heard about Bitcoin during a poker game attended by investors and entrepreneurs. At the time, Cao Darong, general manager of G. Speed China, mentioned, "There’s a new thing called Bitcoin you can take a look at." After that, Li Qiyuan, CEO of Bitcoin China, further suggested that he allocate 10% of his assets to Bitcoin, when the Bitcoin price was $70. CZ revealed that while working in the sales of trading systems, he gradually became fond of playing Texas Hold’em, golf, and going to KTV.

Gate News message, April 8, the market shows that EDU briefly rose more than 34%, at one point breaking through $0.059, and is now reported at $0.058. Market analysts believe this round of gains may have been influenced by the release of CZ’s new book.

Gate News update, April 7, Zhao Changpeng said in a social media post that he will hold a conversation with the influencer The Wolf Of All Streets at 8:00 Beijing time on April 9 to discuss the content of his new book and share some behind-the-scenes stories that have never been made public before.

Polymarket’s prediction market platform will undergo a major upgrade in the coming weeks, including the launch of the V2 trading system, the native stablecoin Polymarket USD, and an optimized order book structure. The new system will improve matching efficiency, reduce Gas costs, and support smart contract wallets to participate in trading.