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 trendโ€”a 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.