CEX altcoins generally corrected, yesterday #moodeng led the decline, triggering a collective pullback of altcoins, with pnut, wif, and others falling significantly. Moving forward, we still need to watch Bitcoin's movements; as long as it breaks through ATH, market confidence will be restored.
Coinbase faces a double blow from the 'SEC investigation' + 'user data breach', with its stock price dropping 7.2%.
FTX's main repayments will begin on May 30, with total allocated funds exceeding $5 billion. By the end of the month, over $5 billion in liquidity will enter the market.