The top stories today:

The TLBL hacker spent 3.4 million DAI to buy 1,650 ETH in the past hour

These kinds of security incidents first affect risk appetite. In the short term, watch whether capital shifts toward a more cautious stance.

Market overview:

$BTC 73,364.19 (-2.04%) ｜ $ETH 2053.15 (-3.25%) ｜ BNB 679.15 (-1.46%) ｜ SOL 83.14 (-3.42%)

The broader market edged lower, with sentiment cautious.

A few updates from today:

1. A wallet linked to the Ethereum Foundation sold another 1,000 ETH about 9 hours ago, worth approximately $2.03 million

2. Approximately $1.35 million worth of LAYER tokens unlock today, equal to 12.9% of the circulating supply

Top movers:

Top gainers: ONE +33.9%, INIT +30.14%, ARIA +23.36%

Top losers: JCT -41.31%, ON -40.61%, PIEVERSE -16.64%

Sentiment and funding:

Fear & Greed Index: 29 (Fear), down 3 from yesterday

BTC market-wide long/short ratio: 2.92, with longs at 74.5%

Liquidations across the market totaled $5.26 million in the past hour, with long positions accounting for 33.2%

My take:

Those are this morning’s key points. I’ll share any new developments as they emerge during the day.

What’s your take on today’s market? Share your thoughts in the comments.