BTC breaks through the $118000 mark

In the past 12 hours, large transactions showed a net inflow of $3.705 million from the main force, with a total buying amount of $7.563 million and a buy to sell ratio of 1.96:1, showing a clear long trend. Especially at 11:13, there were two large market buy orders approaching $6 million, which pushed the price up above $118000, indicating that the main capital continued to attract funds. However, the latest 18:01 large market price sell order of $5.25 million has fallen from $118293, indicating that there may be short-term downward pressure. Based on the candlestick pattern, a cross star appears in the current 2-hour cycle, coupled with the KDJ dead cross signal, indicating that the upward momentum may weaken and caution should be exercised against the risk of a pullback. Open membership, unlock large transaction indicators, gain early insight into key trends, and accurately grasp buying and selling opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

According to the popularity ranking, MYX ranks first in popularity, while PROVE has the largest increase. The popularity ranking is as follows: ① MYX （$1.75，1.16%） ② ETH （$4219.19，0.71%） ③ LTC （$120.67，-3.39%） ④ MEMEFI （$0.003260，-4.79%） ⑤ MAGIC （$0.2766，-0.50%） The purchasing power of PROVE's main funds is average, with a net inflow of $551800 within 24 hours and a transaction volume of $1.931 billion within 24 hours, of which the net inflow of the main funds is $1.2314 million.

According to the People's Procuratorate of Futian District, Shenzhen, during March 2024, employees of a company in Shenzhen colluded with others to use a Trojan program that could obtain non-specific account numbers and passwords; Electronic Master Key; Crack the company account password and steal USDT worth over 3 million yuan. After receiving the report, the police arrested him. During the trial of the case, the employee compensated the victim company and obtained their understanding. The court sentenced him to four years in prison and a fine of RMB 20000 for theft.

Bitget FORM/USDT's perpetual trading volume surged 47 times within 10 minutes, with a turnover of 1.64 million US dollars in the past 24 hours, a decrease of 2.75% 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

Next week, four cryptocurrency projects will undergo token unlocking, releasing a total value of approximately 220 million US dollars. On August 12th, APT unlocked approximately 11.3 million pieces (about 52.92 million US dollars), accounting for 1.131% of the total supply; On August 13th, CHEEL unlocked approximately 20.81 million pieces (approximately $88.03 million), accounting for 2.081% of the total supply; On August 15th, AVAX unlocked approximately 1.76 million pieces (about 41.36 million US dollars), accounting for 0.245% of the total supply; On August 16th, ARB unlocked approximately 93.12 million pieces (approximately 42.21 million US dollars), accounting for 0.931% of the total supply.