24727755748#ETH
Regarding ETFs, on December 19, Bitcoin spot ETF had a net outflow of $680 million, while Ethereum spot ETF had a net outflow of $60.47 million.
According to coinglass data, in the last 24 hours, the total liquidation across the network was $854 million, with long positions liquidating at $725 million and short positions at $128 million, affecting a total of 284,500 people. The largest single liquidation occurred on Binance - ETHUSDT valued at $7.1005 million.
Grayscale announced that it has opened the Grayscale SUI Trust to qualified investors, allowing investors to gain exposure of $19,695,882,117 in the form of securities. As of December 18, the net asset value per share of Grayscale SUI Trust was $65.52, with managed assets of $12,875,640.
In terms of market trends, 52,630,324,128 has been continuously declining, reaching the first support level, and the probability of breaking below this level and experiencing another significant drop is low. The probability of a rebound due to overselling at this support level is high, indicating a short-term demand for a market rebound. The large outflow of ETF funds may exert selling pressure on the market to some extent. Previous analyses mentioned that Bitcoin would encounter resistance and adjust, and the current pattern does not support Bitcoin reaching new highs and continuing to rise. Even if there is a rebound due to overselling, it is difficult to achieve significant upward movement all at once, so it is still recommended to implement a profit-taking plan. Strong support is near 87,000.
78,361,378,728 linkage, the exchange rate pattern is unfavorable, and the market has significant selling pressure, with support for the exchange rate near 0.033.
56,866,637,325
87,584,167,958
08,084,737,554