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02:33
Major Bank Rating | Piper Sandler: Maintains "Buy" Rating on Oracle with a Target Price of $225
```htmlGolden Ten Data July 7|Piper Sandler released a research report, maintaining a "Buy" rating on Oracle with a target price of $225. Analyst Billy Fitzsimmons stated that Oracle has always been a controversial stock within the firm's research coverage, with ongoing market concerns regarding its capital requirements, AI monetization capability, customer concentration, and profit margin. However, Piper Sandler takes a positive view on Oracle, citing reasons such as optimistic OCI analysis results, accelerating revenue growth, a new CFO who may adopt a more cautious earnings guidance strategy, and relatively reasonable market expectations for its application business in fiscal year 2027.```
02:22
Despite Strategy selling BTC, several whales are still taking high-leverage long positions on BTC and ETH
Jinse Finance reported that on July 7, according to monitoring by Lookonchain, despite Strategy currently selling BTC, whales still appear bullish on the market outlook. Currently, the main on-chain positions of several whales are as follows:0x15a4: Long 1,000 BTC with 40x leverage, position valued at approximately $63.8 million.0x7fba: Long 30,627 ETH with 10x leverage, position valued at approximately $54.9 million.0xe069: Long 470.4 BTC with 20x leverage, position valued at approximately $30 million.
02:19
Prominent Trader: Strategy Selling Coins OTC, Limited Impact on Spot Price, Bitcoin Could See High of $65,600
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.
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