First, this story:
Drift hacker shorts the ETH/BTC exchange rate, with unrealized gains of $658,000 in just one day
These kinds of security incidents first affect risk appetite; in the short term, watch whether funds shift to a more conservative stance.
Major cryptocurrencies:
$BTC 75,545.98 (-0.25%) | $ETH 2158.25 (-3.34%) | BNB 691.63 (-0.48%) | SOL 88.35 (-0.71%)
The market is moving sideways, with both bulls and bears waiting for a signal.
A few stories from today:
1. Wall Street Journal: Some service providers continued processing stolen Binance transactions after the FBI's appeal
2. Ethereum EIP-8488 draft: Introduces a "clean break" in gas pricing and versioned opcodes
Top movers:
Top gainers: JCT +256.13%, ON +18.81%, AIOT +17.77%
Top losers: UAI -39.49%, LYN -18.49%, ACT -17.61%
On the funding front:
Fear & Greed Index: 29 (Fear), up 1 from yesterday
BTC's market-wide long/short account ratio is 2.84, with longs accounting for 74%
Market-wide liquidations totaled $4.98 million in the past hour, with long positions accounting for 58.5%
My take:
You’ve finished the morning briefing—remember to check your wallet, too.
Which news story are you most interested in today?
You’re responsible for your own risk; I’m just chatting.