Today's top story:
The Drift hacker's 20x ETH short and BTC long positions are up $658,000 in unrealized profit
These kinds of security incidents first affect risk appetite. In the short term, watch whether funds shift to safer assets.
Market overview:
$BTC 75,396.02 (-0.4%)
$ETH 2154.06 (-3.41%)
BNB 690.7 (-0.54%)
SOL 88.24 (-0.73%)
Markets are consolidating sideways, with bulls and bears both waiting for a signal.
Top gainers and losers:
Top gainers: JCT +239.04%, ON +20.91%, AIOT +20.27%
Top losers: UAI -39.71%, ACT -18.14%, EVAA -14.18%
What people are talking about:
News:
1. Wall Street Journal: Some service providers continue to process transactions involving funds stolen from Binance despite an FBI appeal
2. Ethereum EIP-8488 Draft: Implement a “new-old cutoff” for gas pricing and introduce versioned opcodes
As for the funds:
Fear & Greed Index: 29 (Fear), up 1 from yesterday
BTC market-wide long/short account ratio: 2.84, with longs accounting for 74%
Liquidations across the market totaled $4.98 million in the past hour, with long positions accounting for 58.5%
A quick take:
Liquidation data tells you who’s swimming naked.
What’s your move today?