A whale withdrew 8313 ETH from Binance after being dormant for two months.

On March 28th, CZ responded on social media regarding the news of "Abu Dhabi's MGX's $2 Billion Investment in Binance" and said, "There are no earn-outs, and not much in terms of strategy (at least from my personal viewpoint)."

On March 28th, as monitored by Farside Investors, yesterday in the US, the Ethereum spot ETF witnessed a net outflow of $4.2 million.

On March 28th, according to data from Farside Investors, the net inflow of the US Bitcoin spot ETF yesterday was $89 million.

On March 28th, Steven McClurg, the CEO of Canary Capital, stated that the company's recently submitted "innovative" cryptocurrency exchange-traded fund (ETF) application is a well-thought-out strategy aimed at positioning in assets with potential and unmet market demand. Steven McClurg said, "If you are a large institution like BlackRock, you can take risks. As a small to medium-sized company like us, we will not act rashly unless we truly believe in success. We are extremely cautious with both time and capital, ensuring that all decisions are feasible." He also holds the belief that many proposals may be approved next year.

On March 28th, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the crypto market remains in a bearish state. The specific funding rates for major coins are presented in the attached image. BlockBeats Note: The Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a mechanism for the exchange of funds between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the Funding Rate is 0.01%, it represents the baseline rate. When the Funding Rate is greater than 0.01%, it indicates a bullish market sentiment. When the Funding Rate is less than 0.005%, it indicates a bearish market sentiment.

On March 28th, as per an official proclamation, Binance's Savings, the platform enabling one-click crypto purchase, the Instant Exchange, Leveraged, and Dollar-Cost Averaging platforms will list Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31).