2025/2/24 Hot Cryptocurrency Market Summary 🎯

Mainstream Market 🌠

1: #BTC☀ The market trend over the weekend is not very healthy; the decline of Bitcoin indicates that market liquidity is indeed exhausted. Previously, altcoins were lacking liquidity, and now Bitcoin is in a similar situation.

2: #ETH Under the continued favorable buying on Bybit, Ethereum was the only strong coin last night. After a spike to 2850 at 7 AM, it followed Bitcoin's decline and exhibited a doomsday vehicle trend, with the market continuing to experience FUD. BEN tweeted that Bybit has compensated for all ETH gaps.

Hot Events 🔥

1: Stablecoin Digital Bank #infini was attacked; Infini lost 49.5 million USD. The founder @Christianeth also stated that the involved engineer has been located and controlled, and the police have been notified. @DujunX also said that the overall issue is not significant and is willing to provide 5-10M, wanting to invest in Infini.

Hacker Address 0x3ac96134fb0e42a52d33045aee50b89790f05ed, and funds have been gradually exchanged for DAI and ETH.

🚦With the continuous rise in cryptocurrency market value, a large number of hackers are targeting the crypto market, which is also one of the main reasons for the frequent hacker incidents. The security sector remains a pain point in the current industry. I think this is a great entrepreneurial avenue and is very suitable for our Chinese entrepreneurial teams.

2: North Korean 🇰🇵 hackers released two money laundering tokens “Qin Shi Huang” and “Terracotta Warrior.” Both showed rapid market activity in the short term but quickly fell back. For a volume of 1.5 billion USD, it seems more like a money laundering test.

🚦Today's overall content is still mainly focused on security topics, and the overall market volatility is not significant. Prices remain in low-level fluctuations, and caution is advised. This is still a garbage time for the market, with no hot sectors emerging and no large amounts of over-the-counter funds flowing in.