▍Quick Overview of the Market

$BTC 82,881.37(+0.057%)

$ETH 2438.31(-0.52%)

BNB 741.47(+0.0081%)

SOL 105.4 (-0.89%)

The market is consolidating sideways, with both bulls and bears waiting for a signal.

▍Key News

1. Aerodrome and Velodrome officially merge to launch a unified on-chain DEX, Aero.

2. Approximately $4.12 million worth of tokens, representing 53.9% of the circulating supply, will be unlocked tomorrow (October 23).

3. A certain whale has been consistently long on ETH, adding another 9,000 coins to its position, with a position health score of 1.51.

4. The average price for long positions dropped to $2553.31, and a major whale added another 9000 ETH to its position.

▍24-hour price fluctuations

Top gainers: IRYS +76.4%, BULLA +26.37%, ARC +26.32%

Top decliners: AKE -32.72%, BR -26.97%, BTW -18.35%

▍Funding situation

The Fear & Greed Index is 68 (Greed), up 5 from yesterday.

The long/short ratio of large BTC holders is 1.5, with long positions accounting for 60%.

In the past hour, $22.51 million worth of positions were liquidated across the entire network, with long positions accounting for 98.7%.

▍Today's Viewpoint

After you've finished reading the morning paper, remember to check your wallet too.

What's your take on today's market? Leave a comment below.