BTC breaks through the $85000 mark

Odaily Planet Daily News: According to Spot On Chain monitoring, about 4 hours ago, two wallets associated with Ondo Finance deposited 13.83 million ONDOs worth $12.2 million into Coinbase Prime.

According to PRO tracking, after BTC came under pressure at $88765, the main force quietly laid out large sell orders: Limit order: Selling transactions exceeding $300 million, including 2 short orders with amounts exceeding $20 million, totaling $59.94 million Market orders: spot sales exceeding 54.3 million US dollars, including multiple large orders with amounts exceeding 3 million US dollars At present, Binance's main spot players are still continuing to sell, but BTC prices are supported near the EMA52 moving average of the 1-hour cycle (point: $86470). It is recommended to closely monitor the defense of this point and the subsequent trading behavior of large investors. The data is for reference only and does not constitute any investment advice Value added benefits: Upgrade to PRO membership and receive a strategic cloud membership worth over 60U!!!

BlockBeats News: On March 25th, Matrixport released a daily chart analysis stating that the 30 day actual correlation between Bitcoin ETF IBIT and Nasdaq is approaching 70%, a level that has only appeared twice in history, indicating that Bitcoin is currently driven by the same macro factors as other risk assets. This high correlation mainly reflects the market's reassessment of pre season profit expectations for the first quarter financial report, as well as the negative impact of tariff policy uncertainty. Therefore, the recent trend of Bitcoin has remained highly consistent with the technology sector of the US stock market. However, historical data shows that such high correlations are often difficult to sustain, indicating that Bitcoin and Nasdaq may experience a divergence in their future trends.

Odaily Planet Daily News: SolanaFlor disclosed data on X platform that the total trading volume of PumpSwap has exceeded 1 billion US dollars, currently touching about 1.045 billion US dollars, and the trading volume in the past 24 hours has exceeded 450 million US dollars. According to Dune data, PumpSwap currently accounts for 19.2% of the total DEX trading volume on the Solana chain, second only to Raydium's 60.7% and surpassing Meteora's 6%.

BlockBeats News: On March 25th, according to Dune Panel data, the trading volume of DEX PumpSwap on Solana Chain supported by Pump.fun was $454.89 million in the past 24 hours, with a trading volume of over $1.045 billion on the 6th day of its launch. Currently, PumpSwap accounts for 19.2% of the total DEX trading volume on the Solana chain, second only to Raydium's 60.7% and surpassing Meteora's 6%. PumpSwap has surpassed 243000 daily active addresses and a total of 385200 users, generating approximately $1.064 million in daily transaction fee income. BlockBeats previously reported that Pump.fun is competing for a larger share of the Solana on chain DeFi economy. We have launched PumpSwap, a token exchange service based on protocol liquidity pools, to directly compete with automated market makers (AMMs) in the Solana ecosystem that specialize in providing on chain token trading. Pump.fun will directly provide startup liquidity for potential tokens on PumpSwap.