TRUMP(特朗普币)芝麻开门交易所

BTC and ETH enter exchanges market makers transfer $10 million

Date:2024-06-09 18:23:37 Channel:Crypto Read:

In the turbulent tide of the digital currency market, Bitcoin V shines like a star, and its price has been rising all the way, breaking through the key price of $26,000. At the same time, Bitcoin (BTC) and Ethereum (ETH) also announced that they would enter a new exchange, triggering a huge turbulence of market makers transferring $10 million. This series of events not only affects the trend of the digital currency market, but also arouses heated discussions and attention from investors.

In this era of information explosion, the digital currency market is even more unpredictable, and every small fluctuation may cause violent fluctuations in the market. The price of Bitcoin V broke through $26,000, which made investors shine, and countless people began to pay attention to the performance of this digital currency. This breakthrough is not only a victory in numbers, but also a recognition of the potential of Bitcoin V by the market. From technical indicators to market sentiment, everything is paving the way for the rise of Bitcoin V.

At the same time, the news that Bitcoin (BTC) and Ethereum (ETH) entered a new exchange also caused an uproar. The transfer of $10 million in market makers means that this exchange is optimistic about the future development of BTC and ETH and is willing to bear more market risks for it. This is not only a confidence in these two major digital currencies, but also a confidence in the entire digital currency market. The transfer of market makers will bring more liquidity and vitality to the market, and will also provide more trading opportunities for investors.

In the turbulent digital currency market, investors need to keep a clear mind and keen insight. Market changes affect our investment decisions all the time, and every fluctuation may be an opportunity or a challenge. The surge in Bitcoin V and the exchange transfer of BTC and ETH are all sending us market signals. What we need to do is to keep up with the pulse of the market and respond flexibly.

On the journey of the digital currency market, no one can predict the future trend, but what we can do is to remain cautious and optimistic, seize every opportunity and meet every challenge. Bitcoin V soared to $26,000, and BTC and ETH entered the new exchange. This is just a small step in the endless possibilities of the digital currency market. Let us witness the glorious moment of digital currency together and explore the infinite future of digital currency together!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Coin Circle (120Btc.com) News: Bitcoin (BTC) once lost $25,000 in the early morning of this day (12), falling to a minimum of $24,901. Just when the market was worried about whether BTC would continue to fall, BTC rose rapidly at 11 noon, approaching $26,000. At the time of writing, it returned to $25,815, and the earlier decline had been fully made up.

Ethereum's increase was relatively weaker, returning to $1,578 at the time of writing, and the decline in the past 24 hours converged to 2.02%.

Market makers transferred tens of millions of dollars of BTC and ETH to exchanges

It is worth mentioning that just as the overall cryptocurrency market began to fall last night, blockchain data showed that major market makers transferred tens of millions of dollars of BTC and ETH to exchanges.

Blockchain analysis company Arkham Intelligence pointed out in an early morning tweet that asset management company Abraxas
Capital transferred 14,130 ETH (worth about $22.5 million) to Bitfinex in two transactions; market maker Jump
Trading sent nearly 235.72 BTC (worth $5.9 million) to Bitfinex.

Abraxas Capital and Jump Trading transferred BTC and ETH respectively

Wintermute transferred millions of ARB

In addition, the L2 project ARB, which fell more than 10% yesterday, was also monitored by the on-chain analysis platform Lookonchain. It was pointed out that Wintermute
Trading deposited a total of 4.35 million ARB (about $3.36 million) to Binance during the decline last night. The wallet currently still holds 36 million ARB (about $27.7 million).

In addition, he also mentioned a whale address that transferred 3.8 million ARB to Binance. This address transferred 17.62 million ARB from Binance in April this year. It has now admitted a loss of $1.3 million, but still holds more than 13.78 million ARB.

According to CoinGeko data, Arbitrum (ARB) has been falling recently. In last night's decline, it was the biggest drop among the top 100 market capitalizations. Its current market capitalization is even lower than its main competitor Optimism (OP).

Wintermute Trading transfers millions of ARB

There is no definite news yet as to why multiple market makers would transfer a large amount of crypto assets at the same time when the market is falling, but some communities believe that when market makers transfer assets to exchanges, it is easy to cause panic among investors and cause prices to fall. This is because smaller traders will follow the on-chain operations of large institutional traders.

In addition, the bankrupt FTX will hold a motion to liquidate "$3 billion" of assets this week, which has also caused investors to worry about the possibility of a wave of dumping.

I'll answer.

2480

Ask

972K+

reading

0

Answer

3H+

Upvote

2H+

Downvote