BTC falls below the $103500 mark

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to 260 million US dollars, of which IBIT was the largest inflow, with a daily net inflow of 130 million US dollars; Next is FBTC, with a total of 67.9 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

The current ETH price is at a key support level around 2500, and the distribution of chips shows a clear concentration of chips in this range, indicating a high market recognition of this price level. Based on recent price fluctuations and abnormally active trading volume, the decline may receive support at this point. Meanwhile, the slope of EMA52 is upward, and the medium-term trend remains strong, confirming the possibility of a rebound after a pullback. However, the emergence of the black three soldier form and the increase in trading volume are synchronized, and the pressure of short positions cannot be ignored. How to determine the effectiveness of support? The exclusive chip distribution indicator for members can accurately capture changes in supply and demand at key points, helping you plan ahead. Open a membership, grasp the trend of chips, and accurately buy bottom and escape top! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.

On May 17th, according to Lookonchain monitoring, a whale address withdrew 6053 ETH (worth $15.66 million) from OKX 9 hours ago.

BlockBeats News: On May 17th, according to Bloomberg, the personal information of Roelof Botha, the managing partner of Sequoia Capital, was stolen from his Coinbase account.

According to Politico, given the recent increase in cryptocurrency related kidnapping incidents in France, cryptocurrency entrepreneurs and their families will receive enhanced security measures. The French Ministry of the Interior stated that these measures include prioritizing calling the police emergency hotline, conducting on-site visits, and providing security briefings to law enforcement agencies to provide best practice recommendations. Law enforcement officers will also receive 'anti cryptocurrency money laundering training'. Interior Minister Bruno Retailleau stated in a statement, "In response to the repeated kidnapping of professionals in the cryptocurrency industry, we will take immediate and short-term concrete measures to combat, prevent, dissuade, and obstruct, in order to protect the industry Since the beginning of this year, there have been at least three incidents of kidnapping cryptocurrency industry leaders or their families in France. Previously, it was reported that France will hold a conference on the security of the encryption industry to address the consecutive kidnapping incidents. This decision follows an attempted kidnapping incident that occurred in Paris on May 13th, where the daughter and grandson of a French crypto entrepreneur were attacked by four masked assailants on the street. Fortunately, they narrowly escaped with minor injuries. It is reported that the woman is the daughter of the co-founder and CEO of Paymium, a French cryptocurrency trading platform. In recent years, there have been multiple kidnapping cases related to encrypted wealth in France, including the kidnapping and torture of Ledger co-founder David Balland in January of this year.