A certain investor went long on Initiat with double leverage 15 hours ago, with a floating profit of over $630000

Odaily Planet Daily News: According to on chain data analyst @ ai_9684xtpa monitoring, a new address extracted 1001 BNBs (worth 424000 US dollars) from Binance 5 hours ago and continued to purchase 5.68 million AIOTs, with an average price of 0.07476 US dollars. This address has become the top AIOT holder, holding approximately 14.2% of the circulating chips (with a circulation of 40 million). Three hours later, some tokens were transferred to another address (0x5d6... 6f892), which placed an order to sell AIOT on Pancake at a price range of $0.2478 to $0.3151. It is expected that there may be higher price fluctuations in the future.

OKX-BTC/USDT is currently trading at $95575.80, with a 24-hour increase of 2.48%. Please be aware of market fluctuations.

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BlockBeats news, on April 25th, Glassnode posted that as Bitcoin prices rebound, market leverage is increasing, thus increasing the possibility of exacerbating volatility through liquidation and stop loss. Despite the increase in open contract positions, the average funding rate has dropped to -0.023%, indicating a market bias towards short positions. Bitcoin traders seem to be shorting the current uptrend, and if the bullish momentum continues, it may trigger a bearish squeeze situation. The 7-day moving average of the premium rate for long positions has decreased and continues to decline. This indicates a decrease in market demand for long exposure to Bitcoin, further reinforcing the current view that perpetual contract positions are mainly short.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time