Major Developments in the Crypto World: In-Depth Analysis of Hot News!
The crypto world is changing rapidly; only by grasping the latest information can one take the initiative amidst market fluctuations!
Whale Movements
Big actions from the whales! One hour ago, someone withdrew 500 BTC from Binance and now controls 3000 BTC. This is not an isolated case, as three addresses of the same whale have also unstaked 14,942 ETH and deposited them into Binance. Moreover, whale AguilaTrades has increased its ETH long position to 10,000 ETH, valued at $43.07 million.
Market Data
Short-term Bitcoin holders have significantly increased their holdings since June 21, accumulating over 220,000 BTC. In the past two days, Arthur Hayes splurged $9.801 million to buy ETH ecosystem tokens, now seeing a paper profit of $180,000.
Project Updates
There are so many “fresh news” in the crypto world, with the Ethena system becoming the sixth DeFi protocol to surpass $10 billion in TVL. Upbit plans to launch CYBER/KRW and USDT trading pairs, while a newly created wallet withdrew 91,891 SOL from Kraken, worth about $16.78 million.
Capital Flow
Matrixport indicates that Bitcoin is breaking out of a triangle pattern, with funds continuously flowing into the crypto market. The Smarter Web Company added 295 BTC to its holdings, bringing the total to 2,395 BTC. Metaplanet also invested $61.4 million to acquire 518 BTC.
Critical Moment
The U.S. July CPI data will be released tonight at 20:30. When BTC drops before the release of CPI or PPI data, it typically rebounds quickly after the data is published.
Innovation Updates
Vitalik praised the Zora application and proposed supporting Ethereum addresses as a method for account recovery. If Ethereum surpasses $4,400, the cumulative short liquidation intensity on mainstream CEXs will reach $1.495 billion. Yesterday, the net inflow of the U.S. spot Ethereum ETF exceeded $1 billion, setting a historical record.
Follow me for the latest updates in the crypto world. Tune in to the live stream every evening at 8 PM to gain insights into market trends and crypto investment research!