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๐Ÿ‡บ๐Ÿ‡ธโ›๏ธ Declining late-2024 hardware purchases, confirmed by US import data, indicate easing mining competition.
๐Ÿ“Š #BTC Matrixport: BTC has broken the rising wedge - usually this situation is seen as bearish. The probability of a deeper correction is increasing. Although we expect that prices may rise later this year, but this situation makes us more cautious.
๐Ÿค #ENA Ethena Labs, ัะผะธั‚ะตะฝั‚ USDe, ะธะฝั‚ะตะณั€ะธั€ัƒะตั‚ ะพั€ะฐะบัƒะปั‹ Edge Proof of Reserves ะพั‚ Chaos Labs. coindesk
๐Ÿ’ธ #BTC Liquidated $438.32 million of longs in the last hour and $1.25 billion in 24 hours.
๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ธ Trader sold 1,783.48 #BTC at an average price of $89,138 and a total value of $159 million. His average opening price was $100320. He lost all of his initial floating profit.

Some whale liquidations:
1. 0x94f7 liquidated at 921 #WETH (~$2.19M);
2. 0x92d7 liquidated at 1.1k #wstETH (~$3.27 million);
3. 0x98e7 liquidated at 1.3k #WETH (~$3.13 million).
๐Ÿ†•๐Ÿ‘€ #COW Upbit added Cow Protocol
๐Ÿ˜จ #ETH Coindesk: a "death cross" has formed on Ethereum - potentially signaling the start of a major bear trend.
๐Ÿ•ต๏ธโ€โ™‚๏ธ Bybit returned 47,800 #ETH to institutions/kits that withdrew funds from Binance. 12,652 #stETH MEXC and 20,000 ETH to address 0x327 remain to be returned.
๐Ÿ“‰ #SOL network activity has declined by 60%, dropping from an all-time high of 18.5 million active addresses in October to just 7.3 million today.
๐Ÿ“Š๐Ÿ‘€ #BTC Cost Basis Distribution shows that the last substantial demand zone appears around $89K-$87K. Below this, there are relatively few investors with cost bases until $71K-$72K (-1ฯƒ below STH cost basis). This could mean weaker support in this range, giving bears more control.
๐Ÿ‡ญ๐Ÿ‡ฐ๐Ÿค– #AI Hong Kong AI research center unveiled its first AI model HKGAI V1. baidu
๐Ÿฟ#BTC Crypto Twitter is buzzing about a throwback post from CZ on 12/17/2020
๐Ÿ•ต๏ธโ€โ™‚๏ธ Bybit bought another 36,893 #ETH ($87.5M) via OTC 3 hours ago. They bought a total of $212,101 ETH ($574 million) via OTC in the last 3 days.
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MAX KEISER: : โ€œBitcoin demonetizes violence and Monetizes peace and loveโ€
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ #DOT #ETF Grayscale files for Polkadot ETF with NASDAQ
โค1
๐Ÿ“Š๐Ÿ“ˆ #ETH address balances of 10-100k ETH addresses grew 24% year-over-year, mainly due to inflows from wallets of <1k ETH size.