Today's market is dominated by one major event: Binance, the world's largest cryptocurrency exchange, is suspected of suffering the largest hack in its history, involving approximately $6.3 billion in assets. Around $3 billion has been frozen on-chain. In response, crypto markets broadly declined, while a handful of strong-performing coins moved higher against the trendโa stark contrast between winners and losers.
Key prices at the time of writing (change over the past 24 hours):
Bitcoin: $77,390, down 3.5%; it has fallen below the key $82,500 support level previously agreed upon by institutions, and its short-term structure has weakened.
Ethereum: $2,237, down 3.9%; support around $2,350 is under threat.
Binance platform token BNB: $700, down 5.4%, hit hardest directly by the incident.
Solana: $96.5, down 3.9%.
XRP: $1.248, down 3.5%.
HYPE: $91.4, up 4.3%, leading the market against the trend.
TRON (TRX): $0.3386, up 2.1%, holding up relatively well.
$PARTI : $0.0536, up 38.8%, among the biggest 24-hour gainers.
$LSK : $0.2029, up 16.5%.
$PEPE : $0.00000529, up 7.7%, rebounding after being oversold.
NEAR: $4.315, down 2.5%.
AAVE: $125.8, down 5.7%.
LINK: $11.09, down 4.9%.
ENA: $0.1851, down 8.5%.
ZEC: $1,235.7, down 3.0%.
Coinglass data shows that approximately $1.112 billion in positions were liquidated across the market over the past 24 hours, including $930 million in long positions and $175 million in short positions. Bitcoin liquidations totaled around $350 million, and Ethereum liquidations around $253 million. Market anxiety is mounting, but there has not yet been an uncontrolled wave of panic selling.
Key prices at the time of writing (change over the past 24 hours):
Bitcoin: $77,390, down 3.5%; it has fallen below the key $82,500 support level previously agreed upon by institutions, and its short-term structure has weakened.
Ethereum: $2,237, down 3.9%; support around $2,350 is under threat.
Binance platform token BNB: $700, down 5.4%, hit hardest directly by the incident.
Solana: $96.5, down 3.9%.
XRP: $1.248, down 3.5%.
HYPE: $91.4, up 4.3%, leading the market against the trend.
TRON (TRX): $0.3386, up 2.1%, holding up relatively well.
$PARTI : $0.0536, up 38.8%, among the biggest 24-hour gainers.
$LSK : $0.2029, up 16.5%.
$PEPE : $0.00000529, up 7.7%, rebounding after being oversold.
NEAR: $4.315, down 2.5%.
AAVE: $125.8, down 5.7%.
LINK: $11.09, down 4.9%.
ENA: $0.1851, down 8.5%.
ZEC: $1,235.7, down 3.0%.
Coinglass data shows that approximately $1.112 billion in positions were liquidated across the market over the past 24 hours, including $930 million in long positions and $175 million in short positions. Bitcoin liquidations totaled around $350 million, and Ethereum liquidations around $253 million. Market anxiety is mounting, but there has not yet been an uncontrolled wave of panic selling.