A whale address withdrew 289.63 billion PEPE from Binance.

On May 10th, Ki Young Ju, the founder of CryptoQuant, stated in a post that Bitcoin is deflationary. The Strategy's purchase of BTC is quicker than the mining speed of Bitcoin. The 555,000 BTC they possess is illiquid and there is no selling plan. Just considering MSTR's holdings alone indicates an annual deflation rate of -2.23%. When other stable institutional holders are added, the deflation rate could be even higher.

On May 10th, based on Coinglass data, if Bitcoin surpasses $105,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.152 billion. Conversely, if Bitcoin drops below $102,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.106 billion. BlockBeats Notes: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will elicit a more intense response due to a liquidity cascade.

On May 10th, according to Coinglass data, during the past 24 hours, the total net outflow of BTC from CEX was 6198.60 BTC. The top three CEX with the largest outflow amounts are as follows: - Bithumb, with an outflow of 2792.60 BTC. - Bitfinex, with an outflow of 2221.76 BTC. - Kraken, with an outflow of 1331.13 BTC. In addition, Binance witnessed an inflow of 421.73 BTC and ranked first in the inflow list.

On May 10th, according to HTX market data, the price of MEMEFI has dropped by 25% in the past 24 hours, and the market capitalization has decreased to $19.1 million.

On May 10th, according to Coinglass data, the volatility of Bitcoin has been on a two-day consecutive decline and is currently at 2.02%, falling to levels that were last seen at the end of February this year. High Bitcoin volatility is typically associated with speculative trading and the FOMO sentiment of retail investors. A decrease in volatility may suggest a reduction in short-term speculators, with the market entering a consolidation phase or a "cooling-off period." Additionally, Bitcoin price volatility is often related to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, the volatility of Bitcoin may also decrease.

On May 10th, based on TradingView data, the Bitcoin Dominance (BTC.D) has seen a 2.5% decrease in the past two days and is currently at 63.46%. The highest point observed two days ago was 65.48%. A high Bitcoin dominance rate implies the tranquility of the altcoin market but also suggests that a market rebound is imminent. According to previous historical data, when Bitcoin dominance surged above 60% in November of last year, altcoins initiated a small bull market. In both 2019 and 2021, Bitcoin's market dominance reached above 70%, followed by a general upward trend.