BTC falls below the $63000 mark

DeFi infrastructure company Enso has revealed a malicious liquidity pool attack that returns false quotes by manipulating trading simulations. A manipulated Curve pool processed over 129000 exchanges, resulting in approximately $225000 in inflated quotes, and over 37000 transactions rolled back, consuming nearly $30000 in gas fees. On Polygon, a malicious Uniswap v4 hook triggered a 99.1% transaction failure rate. Enso has updated its execution protection product Enso Shield to detect false quotes in Ethereum and Polygon environments.

According to Hyperinsight monitoring, suspected a16z associated execution addresses sold 105400 HYPEs today, with a transaction volume of approximately 6.4812 million US dollars and an average price of approximately 61.49 US dollars, resulting in a total of 11400 transactions. The entity's main address transferred 120000 HYPEs to the execution address today, and another 100000 HYPEs were transferred to the Bybit collection path, and 90000 HYPEs were transferred to the trading platform collection wallet. The main address has transferred a total of 315000 HYPEs today, and the current balance of HyperEVM is about 45100. The entity had bought 687000 HYPEs in early June, accumulating 6.617 million, and had previously increased its holdings by $20.35 million.

Real Vision founder Raoul Pal stated that based on the logarithmic regression curve of market adoption over the past decade, the total cryptocurrency market cap is expected to surpass $100 trillion between 2032 and 2034. Currently, the total global asset value is approximately $800 trillion, the gold market cap is around $30 trillion, the global M2 money supply is about $80 trillion, and the digital asset market cap is approximately $3.5 trillion. If this prediction comes true, it would add about $97 trillion in wealth within less than a decade, surpassing the combined wealth of all Russian, American tech, and financial real estate billionaires globally. Raoul Pal emphasized that cryptocurrencies are one of the few assets capable of outperforming fiat currency depreciation and are a core asset of the exponential age.

[Main password: Binance BTC/USDT has a large pending order with an amount of 82.86 million US dollars] A significant order lingers at a key level, signaling potential market shifts...

OKX-BTC/USDT is currently trading at $63014.50, a decrease of 0.16% in 5 minutes. Please be aware of the market fluctuations.