Santiment: ETH Supply on Exchanges Dips to 8.97M, Hits Near-Decade Low

On March 28th, based on Coinglass data, within the past 24 hours, there were liquidations reaching a total of $360 million across the entire network. The long liquidations amounted to $301 million, and the short liquidations were $58.34 million.

On March 28th, according to HTX market data, Bitcoin briefly fell below $85,000 and is now trading at $84,995, with a 24-hour price decline of 2.21%.

On March 28th, the US Core Personal Consumption Expenditures (PCE) Price Index is about to be announced. This index serves as the Fed's crucial inflation indicator and will exert an influence on future interest rate decisions and market liquidity. The market generally anticipates that the Core PCE year-on-year rate will decline to 2.7% (the previous value was 2.8%). If the data turns out to be lower than expected, it may heighten market expectations of a Fed rate cut and further boost the prices of risk assets. Bitunix analyst's advice: With the BTC price experiencing a consolidation recently, if the data is beneficial to risk assets, Bitcoin is expected to strive for the $89,000 - $90,000 range; if the data fails to meet expectations, it may retrace to the $76,500 - $80,000 range. Investors should closely monitor the data release and the market's response.

On March 28th, recently, the SlowMist Security Team disclosed that a logic vulnerability was discovered in the subscription-based messaging platform ReachMe io within the BNB Chain ecosystem. This vulnerability enabled bypassing the preset fee mechanism and allowed for the sending of messages to any KOL (including CZ) at a very low cost. The researchers were able to successfully send a message to CZ with only 0.01 BNB, bypassing the original 1 BNB message fee. The vulnerability arose because the contract failed to verify the consistency between on-chain transfer amounts and the front-end set price. Since then, the vulnerability has been promptly patched.

On March 28th, based on Rekto's monitoring, 490,000 UNI has flowed into Binance within the past 5 hours. This is from the 27.9 million UNI that was transferred out from the Uniswap timelock contract seven days ago (on 3/21). Among the unlocked UNI, 1.24 million UNI (with a value of $8.22 million) has entered Binance in just a bit over a day. Since entering Binance, the UNI price has demonstrated a -6.5% performance.

On Thursday, March 28 local time, during an exclusive interview on Fox News, Musk made his inaugural public appearance along with seven DOGE team members. Musk asserted that the reform of DOGE is bringing about a transformation in the way the U.S. government functions, deeming it "the most significant revolution since the American Revolutionary War." Musk demonstrated confidence in achieving a reduction of $1 trillion in government spending by the conclusion of May. This implies that starting from January 20 when Trump assumed office, DOGE will attain this level of cost savings within 130 days. In response to external critiques, Musk retorted that DOGE's approach to cutting is "to think carefully before taking action": "This does not imply that we will not make errors. If we adhere to a standard of not making any mistakes in handling this matter, it is analogous to stating that a baseball player must hit the ball every time. That is unattainable. Hence, when we do make a mistake, we