Binance main force sells $61.75 million, BTC under pressure falls 1.59%

According to AXIOS, Witkov and Kushner have reached a 60 day memorandum of understanding with Iran, which includes a ceasefire, reopening of the Strait of Hormuz, restrictions on oil exports and uranium enrichment. Trump has requested modifications to the agreement text, including setting the uranium dilution period at 60 days, but Iran hopes to extend it to 90 days. There are still differences between the two parties regarding the amount and timing of frozen asset release. The US has promised to release funds after the agreement is implemented, while Iran demands that some funds be released immediately. If the negotiations enter the second stage, the expert group will develop a plan for nuclear material disposal and verification.

The market value of the US stock market evaporated by $1.75 trillion today, and the total market value of the cryptocurrency market decreased by $130 billion. （Watcher.Guru）

According to the Bybit market, the three major US stock indexes collectively closed down, with the Dow Jones Industrial Average falling 1.43%, the Nasdaq falling 4.51%, and the S&P 500 index falling 2.49%. Cryptocurrency concept stocks generally fell, with COIN (Coinbase) falling 6.51% and HOOD (Robinhood) falling 6.53% within the day.

According to the weekly report on cryptocurrency holdings released by CME, there were 19882 BTC holdings, a decrease of 8.06% compared to the previous period; 25516 ETH positions were held, a decrease of 17.30% compared to the previous period.

CryptoQuant CEO Ki Young Ju stated that the 124 million bitcoins sold by OG Whales in the past two years were absorbed by Michael Saylor and ETFs, otherwise the bitcoin price could have approached $22000. （Cointelegraph）