▍Start with This Story Today

Bitwise CIO: The $6.3 billion Binance theft won't change Bitcoin's long-term trajectory, but short-term ETF fund flows bear watching

Security incidents like this first affect risk appetite; in the short term, watch whether capital turns more cautious.

▍Market Snapshot

$BTC 78,499.99 (+0.98%)|$ETH 2295.43 (+1.26%)|BNB 713.68 (+1.48%)|SOL 95.16 (-0.45%)

The broader market edged higher, with an overall bullish bias.

▍Worth Watching

1. XPL flash crash recap: 16 wallets linked to Hyperliquid withdrew margin ahead of time, causing a $556,000 loss in the HLP liquidation vault

▍24-Hour Changes

Top gainers: ESPORTS +88.54%, IDOL +41.63%, AIN +23.17%

Top losers: UAI -44.12%, RUNE -17.2%, LSK -16.44%

▍Fund flows

Fear & Greed Index 37 (Fear), up 3 from yesterday

Liquidations across the market in the past hour totaled $6.94 million, with long positions accounting for 7.3%

▍Today's outlook

Keep an eye on capital flows: ETF flows and the long/short ratio of large traders are the two most important figures to watch today.

What will you do today?