Today the whole market is green—all of it. BTC is hovering around 83,000 dollars, and ETH is holding steady for now at 2,700. But if you think everyone is making money in a bull market, you’re wrong—over the past 24 hours, the entire network saw $534 million in liquidations. Long positions accounted for $431 million; 130,000 people were forced out. The largest single ETH liquidation order was on Binance, where $11.82 million went to zero in one second.
It’s a gloomy return, yet a giant whale bottom-picked at an average cost of 4.25 dollars per share for two months ago, buying 25,000 ZEC; today, it sold off at 37.84 million dollars in a single shipment, netting over 27 million. This round really is a win—you’ve absolutely nailed it.
On the macro front, things aren’t calm: the U.S. and Iran are still in a standoff, oil prices have surged to 107 dollars, the 10-year U.S. Treasury yield has jumped to 5.25%, and the market is pricing in another interest-rate hike by the Fed—risk assets are all under pressure. The SEC and CFTC, meanwhile, haven’t been idle. While Congress’s legislation is stuck in deadlock, they’ve each accelerated the rollout of regulatory details for digital assets. The SEC has granted crypto startups a registration exemption ranging from 5 million to 75 million dollars.
There are a few copycats that are pulling up against the trend: CRV$CRV up 21%, $HBAR HBAR up 19%, and $NMR NMR even surged by more than 40%. With an AI + institutional narrative again, some people are starting to trade it.
In one sentence: the overall market is playing dead, the bulls are getting beaten, the big whales are counting money, and the copycats are sneaking higher. Let Musk 🐶 lay low a bit and wait for the PCE data to come out on Wednesday.#英伟达批准1500亿美元回购 #Anthropic招股书或估值超2万亿美元 #黑客从DCENT钱包盗取超1240万枚XRP 