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One crypto analyst says Bitcoin has just undergone one of the “healthiest market resets” he has seen in a long time.
Kendrick said the liquidation of leveraged positions has cleared a pathway for the crypto market to trend higher and that the market is poised to move up from its current position.
BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.
Total net outflows of 11 U.S. spot bitcoin ETFs stood at $120 million on Wednesday.Eight spot Bitcoin funds, including BlackRock’s IBIT, saw zero flows, which analysts say is normal.
The Merlin Chain Bitcoin layer-2 grew by roughly 2,000% in the past month
Blockchain technology is being used to incentivize community building in the real world
The brokerage firm is laying out risk managing requirements for solicited purchases of Bitcoin ETFs, AdvisorHub reported.
- 08:16Data: A certain whale is suspected of reducing its holdings by 100,000 LINK tokens, the sale of which could yield nearly $950,000 in profitAccording to ai_9684xtpa monitoring, the "LINK band profit of 1.65 million USD whale" is suspected to have reduced its holdings by 100,000 LINK (2.51 million USD) half an hour ago, and if sold will make a profit of 946,000 USD. This whale built up a position of 200,000 LINK seven months ago at an average price of 15.62 USD per LINK; this is the first recharge operation in over half a year since holding the position and currently still holds 500,000 LINK worth approximately 12.86 million USD.
- 08:14Data: A transaction at one address profited MELANIA by 59.57 million US dollars, with a return rate of 87 timesChainCatcher message, according to @EmberCN monitoring, a wallet address invested 2,500 SOL (approximately $680,000) to purchase 52.03 million MELANIA tokens at a unit price of $0.13 two minutes after the token was deployed. Subsequently, the price of MELANIA surged significantly. This address has sold 27.03 million tokens and earned an income of $30.4 million with an average selling price of $11.25. Currently, this address still holds 2.5 million MELANIA worth about $29.85 million dollars.The total profit from this transaction (realized + unrealized gains) for this address reached up to $59.57 million.
- 07:53WOOX Research: BTC's pullback not breaking $97,000 is within the normal range, $89,256 may become the bottom of this round of adjustmentJanuary 20 news, according to WOOX Research market observation, BTC entered a correction phase after touching $106,422. If the correction does not fall below $97,000, it is considered a normal range. $89,256 could potentially be the bottom of this round of adjustment. The current BTC market share is 58.49%.