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ENA Insights by Binanace AI
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When one miss a train.
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🚨 Market Update The crypto market fell 3.16% in 24h, aligning with a Nasdaq sell-off and leveraged long liquidations. More… 1. SUI token unlock – $210M in SUI hit markets, amplifying supply pressure. 2. Bitcoin liquidations – Long positions worth $202M forced closures (+205% spike). 3. Equity correlation – 88% correlation with Nasdaq-100 as macro fears resurfaced. Source: CMC
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🚨Market Update The crypto market rose 0.66% in the past 24h, aligning with a +16.58% gain over 30 days. Key drivers include Ethereum’s institutional momentum, Binance Ecosystem activity, and crypto’s tight correlation with tech stocks (Nasdaq-100: +0.89%). 1. Ethereum’s 10-year rally – ETH up 6.72% weekly, driven by BlackRock’s $153M OTC buy. 2. BNB Chain dominance – Binance Futures hits $100B volume, altcoins claim 71% share. 3. Risk-on macro shift – Crypto-S&P 500 24h correlation hits 0.90, highest since June. Source: CMC
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