Crypto panic and greed index rises to 78, market sentiment returns to extreme greed range

A certain address withdrew 7216 ETH from Binance one hour ago and has accumulated 147.83 ETH since yesterday, with a total value of 39.9 million US dollars. The average withdrawal price is about 2699.44 US dollars, and the current floating profit is 720000 US dollars. The address once made a profit of 3.666 million US dollars by buying low and selling high ETH in August.

The cryptocurrency market has rebounded, and the net asset value of Huang Licheng's contract account has risen to over 11 million US dollars, compared to the previous balance of only 800000 US dollars. Huang Licheng currently holds a long ETH order of approximately 82.69 million US dollars, with a floating profit of approximately 4.28 million US dollars; BTC's multiple orders amounted to approximately $29.09 million, with a floating profit of approximately $880000; HYPE's multiple orders amounted to approximately 15.18 million US dollars, with a floating profit of approximately 140000 US dollars.

Brother Ma Ji holds multiple orders worth $126 million in BTC, ETH, and HYPE, with leverage ratios of 40 times, 25 times, and 10 times respectively. Currently, the floating profit exceeds $5.142 million, and the take profit range for ETH is set at $2755 to $2828.

Huang Licheng's account assets have rebounded from $800000 to $10 million, and he currently holds multiple BTC, ETH, and HYPE orders worth $126 million, with a floating profit of over $5.142 million.

Arthur Hayes pointed out in the new article Safety First that there is a foam in the computing demand of the AI industry, and the three AI laboratories rely on more than $1 trillion of debt support. If the insufficient demand for computing power leads to debt downgrade, insurance companies will face insolvency, and the US government will choose to print money to cope with financial risks, which is a long-term positive for Bitcoin. In addition, commercial banks have created over $100 billion in currency, and interest rate hikes result in banks earning $7.5 billion in excess reserve interest annually, leading to continued growth in market liquidity.