Glassnode: Some short-term Bitcoin holders have taken profits, and it has not yet been confirmed that the market has fully turned to the bullish zone
according to Glassnode, ETF inflows surged to $1.54 billion, pushing Bitcoin back above the Short-Term Holders (STH) cost price. Nearly 5% of the supply changed hands, short positions increased, and some short-term holders took profits. This is a critical retest, but strong support above $92,900 has not been confirmed, and it is not yet confirmed that the market has fully turned bullish.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL Bulls Target $180 After Meme Coins Drive Price and Volume Up
SUI Sees 43% Weekly Surge as Online Sentiment Aligns with Market Activity
KiloEX commits to compensating users following $7M Price Oracle exploit
Share link:In this post: KiloEx announced plans to compensate traders and stakers affected by a $7.5M Price Oracle exploit that temporarily halted the DEX’s operations in April. The platform also promised an extra 10% annual percentage yield (APY) bonus for eligible stakers who had funds in the vault before the platform’s resumption. Security firm PeckShield identified the April 14th attack, noting that the hacker exploited a permissionless function to create unauthorized requests.
NBA legend Shaquille O’Neal finally settles protracted case with FTX customers
Share link:In this post: Shaquille O’Neal has reached a settlement in the multidistrict litigation concerning his promotion of the collapsed cryptocurrency exchange FTX. The lawsuit claimed that O’Neal promoted FTX, including through his Shaq’s Fun House music festival, despite being aware of potential red flags regarding the company’s operations. O’Neal is only one of several celebrities to have been sued; others include NFL quarterback and icon Tom Brady, tennis star Naomi Osaka, and Shark Tank personali
Trending news
MoreCrypto prices
More
