Cathie Wood: Get ready for the 'big rally' — Bitcoin still has a bullish target of $1.5 million

On-chain analyst Ai Yi (@ai_9684xtpa) has monitored that a whale, who withdrew 4,819.11 ETH from OKX at an average price of $1,941.28 in late February this year, sold 1,200 tokens at a loss a month ago, and deposited all remaining 3,619 ETH into the exchange 30 minutes ago. The whale’s final average selling price reached $2,290, with an estimated profit of $1.68 million.

Crypto analyst Darkfost noted in a post that the market will not rise in a straight line. With substantial liquidity having accumulated below the current price level, the market is likely to pull back and "harvest" some of that liquidity, while market volatility is returning as expected.

According to on-chain analyst Ai Yi (handle @ai_9684xtpa)’s monitoring, Binance futures live trading account "Jiujiu Jin" ranks first on the platform’s 24-hour, 7-day, and 30-day loss leaderboards. The account once held a short position of 250 BTC with an average entry price of $63,592, and closed the position at an average price of $77,758.91 at 8:15 AM today, incurring a total loss of $3.46 million.

According to CCTV News, Iraqi President Amadi stated on the 22nd local time that Iraq had previously held talks with visiting Speaker of Iran's Islamic Parliament Ghalibaf, and conveyed a message to Iran regarding a review of bilateral relations between Iraq and Iran. Amadi also said that some ships carrying Iraqi oil have been granted passage through the Strait of Hormuz. He emphasized that the Iraqi government must engage in dialogue with militia groups, reach mutual understanding, and resolve the weapons control issue through plans that serve Iraq's national and ethnic interests. Amadi added that Iran did not request Iraq to delay its national weapons control process.

Jiang Zhuoer, founder of BTC mining pool B.TOP, posted that around 1:10 PM Beijing time today, the entire crypto market experienced a mini flash crash, with BTC, ETH and numerous altcoins seeing notable pin price movements. Even non-crypto assets such as crude oil also synchronized short-term sharp fluctuations. He advised against holding large high-leverage altcoin long positions in a unified account, as under cross-margin mode, a sudden 50% crash in a single coin could lead to insufficient account margin, triggering forced liquidation of other assets in the account. For high-leverage altcoin trading, he recommended using isolated margin mode to separate positions, preventing extreme moves in one coin from affecting the entire account. While isolated margin operations are relatively cumbersome, at minimum, in extreme market conditions, "only one position will be liquidated", reducing the risk of the entire account being wiped out instantly.

According to Lookonchain’s monitoring, a mysterious whale has sold 2,700 BTC again, valued at roughly $211.8 million. The whale has sold a total of 7,700 BTC over the past three days, totaling around $576.6 million.