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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

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Coinbase CEO: Market Volatility is Not Unusual, No Reason Not to Be Bullish on Cryptocurrency Long Term

February 8: Coinbase CEO Brian Armstrong said the cryptocurrency market has seen major volatility in recent days—but that’s nothing new. Crypto has weathered many market cycles, he noted. For him, this doesn’t change his stance: he can’t think of a single reason to not be bullish on crypto long-term. It’s rapidly disrupting the financial services industry, he added, and our financial system needs an upgrade.

11 minutes ago

Suspected BitMine Address Once Again Acquires 20,000 ETH, Worth $41.67 Million

On Feb. 8, per Onchain Lens monitoring, a new wallet linked to BitMine—the first Ethereum holding institution—has withdrawn 20,000 ETH from Kraken, totaling $41.67 million.

11 minutes ago

SushiSwap will integrate with the Solana blockchain, supporting cross-chain asset swaps between Sol and EVM.

February 8th: Sushi General Manager Alex announced that SushiSwap has partnered with Jupiter to integrate with the Solana blockchain. The integration supports on-chain transactions on Solana and cross-chain swaps between Solana and EVM networks, allowing users to trade meme coins, tokenized stocks, RWA assets, and more via SushiSwap on Solana. It will officially launch on February 9th.

11 minutes ago

A new address withdrew 1,546 Bitcoins from Binance, equivalent to approximately 106.68 million US dollars

Per LookOnChain monitoring on February 8, a new address “39B2BNj” withdrew 1,546 BTC from Binance this morning—valued at approximately $106.68 million.

11 minutes ago

There was an abnormal price fluctuation in the Bitcoin and ETH spot 1-minute chart on Binance, possibly due to a market maker's grid trading strategy malfunction.

On February 8, abnormal volatility was spotted in 1-minute charts for Bitcoin and ETH spot trading on Binance, with single-minute swings hitting over 1% and even 3% between 00:05 and 00:17. Some analysts link the move to a malfunction in market makers’ grid trading strategies.

11 minutes ago

A new address withdraws 60,000 ETH from Gate and deposits it into Aave, potentially for leveraged trading.

On February 8, per Onchain Lens data, a newly created crypto wallet withdrew 60,000 ETH (valued at $1.2296 billion) from Gate exchange and deposited the funds into Aave V3.

11 minutes ago

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