BTC breaks through the $111000 mark

OKX-ETH/USDT is currently trading at $3800, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.

Binance COAI's current price is $7.95, with a 24-hour increase of 35.67%. 24-hour transaction volume of 1.9 billion US dollars, up 2.08%, for reference only

[Whale Sells 3,443 ETH to Reduce Leverage Risk] According to monitoring, a whale address that purchased ETH at an average price of $4,396.5 on September 9 has sold 3,443 ETH at an average price of $3,754 over the past 6 hours, incurring a loss of approximately $2.212 million. The address has collateralized 13,000 ETH on Aave and borrowed $34.19 million in stablecoins, with a health factor of 1.2. If the price of ETH continues to decline, the address may need to further reduce its position to avoid liquidation risk.

[Analysis Suggests Binance Did Not Participate in Large Sell-offs, Coinbase Suspected of Transferring Trades via Market Makers] Analysis published by Meta Financial AI on the X platform indicates that Binance is not the primary cause of recent market panic and declines. Despite facing historic sell-off pressure, data from Binance's cold wallets shows no evidence of 'high sell, low buy' behavior. Apart from Bitcoin, other major asset wallets also remain inactive. Meanwhile, rumors about 'CZ selling off BNB holdings' are considered an attempt to shift blame for the market downturn, as no significant sell-off records have been found in the related wallets. Additionally, the analysis points out that Coinbase transferred 1,066 Bitcoins from its cold wallet to its hot wallet before the market downturn and is suspected of using market makers to send trades that could not be executed on its platform to other exchanges. Data shows that Binance had the lowest sell-off volume in single transactions exceeding 500 BTC within 24 hours. In response, He Yi briefly commented, 'Noted.'

[Whale Address Sells 12,010 ETH, Profits Approximately $736,000] Address 0x3952 recently sold 12,010 ETH, with a total value of approximately $45.16 million, realizing a profit of about $7.36 million after the market pullback. Previously, this address had withdrawn 86,000 ETH (approximately $260 million) from Binance between June 22 and August 12 at an average price of $3,027. Starting from September 15, it sold 27,020 ETH (approximately $114 million) at an average price of $4,218. Currently, it holds 58,980 ETH (approximately $220 million). Such operations may impact market liquidity. (Lookonchain)