ETH chip structure shows a unimodal distribution, with the main activity area moving downwards

PRO chip distribution data shows that in the past week, the structure of ETH chips has been changing, shifting from the previous three peaks to the current single peak. The two most concentrated transaction prices are $2327.53 and $2120.72, respectively, and the transaction intensive area is gradually moving downwards. The transformation of chip form means that the market has undergone a sufficient turnover during this period, and a new cost structure is forming. $2120.72 will form a key support band in the near future. PRO users can track the evolution of chip forms for any currency and cycle through the "Chip Distribution Map", and identify the rhythm of changes in market cost structure. The data is for reference only and does not constitute any investment advice.

[Coinbase Platform USDC Holdings Reach $19 Billion] According to Artemis data, Coinbase platform's USDC holdings have reached $19 billion, accounting for 25.3% of the total USDC supply, a significant increase from less than 5% at the beginning of 2023.

This week, the market is focused on the core PCE and GDP data of the United States, as well as speeches by Federal Reserve officials. The US stock market may be affected by inflation and yield pressures.

According to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, a whale opened a position of 3845 ETH at a price of $2074 early this morning, worth $7.97 million. Previously, the whale opened a position of 4386 ETH at $2377 on May 5th, and later cut meat at $2314, resulting in a loss of $277000.

HTX-BTC perpetual contract is now reported at $76825.1. According to market contract position analysis, the main force lacks confidence in the future market, and the price may fall. Please hold positions reasonably and control risks