BTC falls below the $84000 mark

Odaily Planet Daily News: Since the launch of the US spot ETP, 529325 bitcoins have been purchased, while only 249725 bitcoins have been newly mined during the same period. This indicates that institutional demand for Bitcoin far exceeds current supply, and market demand for Bitcoin remains strong. （Cointelegraph）

According to on chain analyst @ ai_9684xtpa monitoring, F2Pool Lianchuang Wangchun sold 50 WBTCs worth $4.21 million at an average price of $84316 in the past hour. He directly exchanged 29 WBTCs for USDC, and exchanged 20.39 WBTCs for 1084.58 ETH.

On April 19th, according to DeFiLlama data, Solana's on chain DEX transaction volume reached $1.887 billion in the past 24 hours, ranking first and surpassing Ethereum's on chain DEX transaction volume of $1.182 billion.

According to official data, in the seven days ending April 17th, Circle issued approximately 3.2 billion USDC, redeemed approximately 2.2 billion USDC, and increased circulation by approximately 1 billion coins. The total circulation of USDC is 60.8 billion pieces, with reserves of approximately 61 billion US dollars, including cash of approximately 7.7 billion US dollars, and Circle Reserve Fund holding approximately 53.3 billion US dollars.

Odaily Planet Daily reported that according to Lookonchain monitoring, wallets related to Abraxas Capital withdrew 505 bitcoins (approximately $42.64 million) from Binance within 9 hours. In the past four days, the wallet has withdrawn a total of 2949 bitcoins worth approximately $250 million from the exchange, indicating a continuous trend of whales and institutions increasing their holdings of bitcoins.