BREAKING: A whale has just opened a $56 million $ETH ETH | Mitu_AnalysisLab on Binance Square

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Bullish

BREAKING: A whale has just opened a $56 million $ETH 
ETHUSDT
Perp
3,159.19
+2.48%
ETH long position.
Yesterday, he shorted $ETH and made $900K in profits.
#Altcoins👀🚀 #BinanceSquareFamily 

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Based on recent crypto news, here are today's key developments: **UK Passes Landmark Crypto Property Law** The UK's Property (Digital Assets etc) Bill received royal assent and became law, clarifying that cryptocurrencies and stablecoins are legally recognized as personal property[1]. This gives digital assets "a much clearer legal footing" for proving ownership and recovering stolen assets, providing crypto holders "the same confidence and certainty they expect with other forms of property"[1]. **Market Volatility Continues** The crypto market remains under pressure with the total market cap dropping below $3 trillion to approximately $2.95 trillion[10][12]. Bitcoin has been trading around $91,000 after recovering from recent lows near $84,000[5][9]. The Fear & Greed Index sits at 20/100 (extreme fear), though up from 10 last week[9]. **American Bitcoin Stock Plummets** Shares of American Bitcoin Corp (ABTC), headed by Eric Trump, plunged over 50% in a single day, hitting an intraday low of $1.75[1]. The stock is now down roughly 78% from its post-listing high of $9.31[1]. **Poland Vetoes Crypto Bill** Polish President Karol Nawrocki vetoed the country's Crypto-Asset Market Act, citing concerns that it "genuinely threatens the freedoms of Poles, their property, and the stability of the state"[1]. The bill had faced criticism for provisions allowing easy website blocking and overregulation[1]. **Market Analysis** Analysts note that recent volatility has occurred with no major negative crypto-specific news[7][10], attributed instead to thin liquidity and high leverage in the market[10]. #CryptoNewss #BinanceSquareFamily

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