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According to data from the official website of the Central Bank of Venezuela, the bank sold nearly 6 tons of gold in the second half of last year. The underlying reason is that the United States imposed restrictions on the country's oil exports, leading Venezuela to face a severe shortage of US dollars. According to estimates by Caracas-based financial consulting firm Sintesis Financiera, these gold sales were mainly concentrated in December. Last year, the Trump administration further tightened restrictions on Venezuela's oil exports and seized the first Venezuelan oil tanker on December 10. This move cut off Venezuela's source of US dollars, causing the gap between the official exchange rate and the parallel exchange rate to reach a historic high, while also increasing the risk of a resurgence of hyperinflation. However, after US special forces arrested Venezuelan President Maduro in January this year, the United States allowed part of Venezuela's oil sales revenue to flow back into the country. This change revitalized the country's official foreign exchange market and narrowed the gap between the official and parallel exchange rates. According to a report released by Sintesis Financiera on Monday, the Central Bank of Venezuela's statements indicate that the country did not appear to conduct any gold sales in January.

BlockBeats News, February 25th. According to EmberCN monitoring, the largest ETH long position holder on Hyperliquid continued to increase their position this morning by an additional 15,000 ETH, bringing their total ETH long position to 120,000 ETH, with a position value of $230 million. The current unrealized loss has narrowed to $10.35 million. The first address opened a long position of 70,000 ETH at a long price of $1991, with a liquidation price of $1362;The second address opened a long position of 50,000 ETH at a long price of $2012, with a liquidation price of $1350.

Bitcoin rebounded by over 5% to around $67,500, driving a general recovery in the crypto market. Major cryptocurrencies such as ETH, SOL, DOGE, ADA, and LINK saw gains of about 10%. In the past 24 hours, more than $307 million in leveraged short positions were liquidated. Crypto-related stocks rose alongside digital assets, a certain exchange's premium index turned positive, and US spot Bitcoin ETF inflows reached their highest level since February, indicating a recovery in US buyers and risk appetite.