ETH falls below the $3700 mark

According to a report by Golden Finance, as monitored by Lookonchain, 86.27 million PENGUs (worth $3.57 million) have flowed into the Upbit exchange in the past 24 hours. In the past 7 days, the net inflow of PENGU on the exchange reached 309 million tokens (worth 12.8 million US dollars), indicating a continuous trend of increasing holdings of the token in the South Korean market.

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According to Lookonchain monitoring, after a week of market volatility, some traders were forced to liquidate, but The White Whale still holds the top position on the HyperLiquid chart, with its current long position: 48405 ETH ($181 million) 810717 SOLs (152 million US dollars) 223 BTC (26 million USD) Currently unrealized profit: approximately $33 million

Ki Young Ju, founder and CEO of CryptoQuant, an on chain analytics platform, stated in a post on X platform that tracking 80000 BTC transferred after a 14 year hiatus, it was discovered that these bitcoins may have originally come from MyBitcoin custody wallets. These wallets have been idle since April 2011 until MyBitcoin was hacked that year (it is reported that MyBitcoin was hacked in August 2011 and subsequently declared bankrupt). These wallets are likely to belong to the hackers who attacked the platform, or to an anonymous MyBitcoin founder named Tom Williams. It seems that Galaxy Digital has purchased these bitcoins, but it is uncertain whether they have done any forensic work.

Bitget ALGO/USDT's perpetual trading volume surged 14 times within 10 minutes, with a turnover of 6.27 million US dollars in the past 24 hours, an increase of 4.11% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally