According to TradingBeats monitoring, Ethena withdrew 170 million ENAs transferred from FalconX three days ago, and the value of these tokens increased from $14.09 million to $23.68 million, an increase of $9.59 million within three days.
Click on the link to enter the meeting: https://meeting.tencent.com/dm/JnjVuzjb5j1e Brothers, tonight at 10 o'clock, start broadcasting on time. Today's market can only be described in two words - bloody. BTC skyrocketed from $71000 to a high of $76900, setting a new three-month high since May 27th. Currently oscillating above 75000, with a 24-hour increase of over 8%. ETH surged synchronously, reaching $2350, with a 24-hour increase of over 4%, and briefly broke through $2380 during trading. XRP rose nearly 15%, DOGE rose over 8%. First, let's take a look at the liquidation data - the bears have been completely blown up In the past 24 hours, the entire network has experienced over 800 million US dollars in liquidation, with 671 million short positions and only 170 million long positions. But data from different sources is even more exaggerated - statistics show that the total amount of short positions cleared in 24 hours reached 1.31 billion US dollars. Over 127000 people were cleared from the scene. The largest single liquidation occurred in the Binance BTC contract, with a value of 7.85 million US dollars instantly resetting to zero. In the past 4 hours, another 160 million yuan has exploded, with short positions accounting for 70%. This is not a rebound, this is short selling - short positions are repeatedly liquidated, buy back orders push prices higher, forming positive feedback. How to characterize this market trend? Triple Drive Firstly, force the air to stomp. The short positions in the derivatives market were extremely crowded, triggering a chain liquidation after the price exceeded $70000. Short covering buying has become a driving force. Secondly, macro assistance. The US Treasury Department has increased the scale of long-term bond repurchases, causing the yield on 30-year US Treasury bonds to drop by 10 basis points at one point. Expectations of a weaker US dollar have boosted risk assets. Trump held talks with cryptocurrency companies at the White House and demanded that Congress clarify digital asset rules. Thirdly, emotional reversal. The Fear Greed Index was still at 62 yesterday, but today it has skyrocketed to 72, reaching a new high since October last year. Overnight, the market sentiment completely reversed from 'greed' to 'extreme greed'. [Key Position Tracking] Above BTC: 76900 is today's high and currently the strongest resistance. Breaking through here, 78000-80000 is the next goal. Below BTC: 74000 is the first support. 72500-73000 is the second support, if the pullback does not break here, it indicates that the bullish structure is still in place. Breaking below 72000, this bearish trend may temporarily come to an end. Above ETH: 2380 is today's high, break through to see 2420-2450. Below ETH: 2300 is the first support. 2200 is the second support. If we can't hold on here, we'll have to give up half of this surge. Tonight at 10 o'clock, we will talk about three things 1、 Is this violent rally the stage climax of a bearish market or the starting point of a trend reversal? How much fuel will there be after the short position has exploded by 1.3 billion? 2、 Are you chasing over 75000? Can I connect below 74000? Tonight, we will directly provide specific order placement points and stop losses. 3、 It only took 24 hours for emotions to jump from fear to greed. Should we continue with the carnival or take profits? After extreme market sentiment, it is often accompanied by violent fluctuations. See you at 10 o'clock. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
The price of Hyperliquid native token HYPE is close to $73, and trader Pentosh1 stated that the AQAv2 upgrade will expand the fee destruction mechanism. Hyperliquid has repurchased and destroyed 462 million HYPEs since November 2024, valued at approximately $1.27 billion, with an annualized agreement revenue of approximately $600 million to $950 million. The AQAv2 program is scheduled to launch on August 26th, with approximately 90% of the platform's over $5 billion USDC reserve income being invested into the Assistance Fund, with an expected annual increase of $135 million to $160 million in repurchase volume. Coinbase and Circle have pledged HYPE to assist in initiating the mechanism. （Bitcoin.com News）
According to Bitcoin News on the X platform, Matt Seigel of VanEck said that the US Treasury finances US debt through short-term treasury bills, which currently account for 23% of tradable debt, higher than the 15% to 20% range recommended by the borrowing advisory committee of the Treasury. Matt Seigel stated that this increases the cost of maintaining high interest rates and puts pressure on the US dollar. VanEck stated that there has been a negative correlation between Bitcoin and the US dollar over the past 15 years. VanEck believes that this trend points to lower real interest rates, a structurally weaker US dollar, and support for Bitcoin as a hedging tool.
The US Internal Revenue Service (IRS) has warned that scammers are conducting phishing attacks by forging letters and QR codes, with the aim of stealing wallet credentials and private keys of US cryptocurrency holders. （CoinDesk）
[Tether Treasury Issues 1 Billion USDT] Whale Alert monitoring shows that Tether Treasury has issued 1 billion USDT.
