SUI Slides as $116M DeFi Exploit Rattles Crypto Markets

In the past hour, approximately $200 million in long positions in the Bitcoin and cryptocurrency markets have been liquidated, and the current price of Bitcoin is close to $100000. （Bitcoin Archive）

OKX-ETH/USDT is currently trading at $3301.91, with a 5-minute increase of 0.02%. Please be aware of market fluctuations.

The US government shutdown has had a significant impact on Bitcoin liquidity, with a noticeable decrease in market trading activity. Historical data shows that similar events often lead to an increase in investor risk aversion, further compressing the liquidity of the cryptocurrency market. The community is concerned that the ongoing shutdown may exacerbate market volatility and affect asset price stability. （Decrypt）

Binance founder Zhao Changpeng stated that he will no longer disclose his investment information, as his purchase of ASTER tokens has caused significant market volatility. This move may aim to reduce the impact of personal investment on the market. （Cointelegraph）

The move—paired with a 15% open-interest drop—keeps pressure on bulls ahead of a looming death-cross setup and a key $2.20 support retest.