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OKX Officially Launches Built-in DEX on Exchange

2 hours ago

On November 14th, according to official channels, OKX has officially launched an exchange-integrated DEX. Users are able to directly purchase and sell on-chain tokens of Solana, Base, and X Layer by using USDT or USDC within their trading accounts on the OKX exchange. It is reported that the OKX exchange-integrated DEX is a decentralized non-custodial wallet, and users do not need to keep in mind mnemonic phrases and private keys. When conducting transactions on the exchange-integrated DEX, users do not need to carry out cross-chain transactions, withdrawals, or other complex operations, and OKX provides subsidies for users' gas fees. In addition, users can participate in OKX activities, promote OKX DEX trading, create high-quality content, and win cash rewards. OKX CEO Star further stated that currently, "centralized liquidity + decentralized execution" can already be achieved through the same entry point. With the official launch of the OKX App's integrated DEX trading, hundreds of millions of users can self-custody and exchange Solana, Base, X Layer, and other on-chain tokens without leaving the exchange, and currently support 0 Gas. This represents the future direction of exchanges: hybridization, seamless integration, and comprehensive on-chain integration.
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Suspected Bitmine Address Acquires 9176 ETH, Valued at Approximately $29.14 Million

On November 14th, based on LookOnChain's monitoring, a new wallet address (presumably related to Bitmine) has just received 9176 ETH from Galaxy Digital's over-the-counter wallet, which is approximately worth $29.14 million.

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Yesterday, the US Bitcoin spot ETF saw a net outflow of $8.667 billion, while the Ethereum spot ETF saw a net outflow of $2.596 billion.

On November 14th, based on Farside monitoring data, yesterday the net outflow of the US Bitcoin spot ETF reached $8.667 billion, and there was no ETF with an inflow. Yesterday, the net outflow of the US Ethereum spot ETF was $2.596 billion, and similarly, no ETF had any inflows.

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「Hyperliquid's Largest BTC Short Position」 Hits Over $17 Million in Unrealized Profits, Sets Take-Profit Order at $89,000 to $91,000 Range

On November 14th, according to Coinbob Popular Address Monitor, the "Hyperliquid's Largest BTC Short" whale (0x5D2) once opened a 20x leveraged BTC short position on May 9th, with a floating profit of $16.92 million and holding approximately $120 million. The average price was $111,500, the liquidation price was $105,700, and it took profit with partial limit orders at $88,900 and $91,400, currently ranking as the TOP 1 BTC short position on Hyperliquid. Additionally, the address withdrew $8 million in collateral to the chain in the past hour, resulting in a decrease in the liquidation price, leaving a total of $11.44 million of on-chain funds untouched. This address has opened large BTC short positions four times this year, all resulting in losses totaling approximately $5.48 million. After October 11th, this BTC short position was partially closed with a 40% take-profit and then used for a rollover to achieve a profit of ar

11 minutes ago

BTX Capital Accused of "Malicious Manipulation" of Multiple Token Prices on Hyperliquid

On November 14th, Crypto analyst Specter stated in a post that through on-chain investigations, it is indicated that BTX Capital and its founder Vanessa Cao might have been involved in the price manipulation of multiple tokens on Hyperliquid, including POPCAT, TST, etc. They also profited from this manipulation by leveraging a significant fund advantage. On November 12th, an attacker placed a buy wall worth around $25 million at a price of approximately $0.21 for POPCAT. By using more than 26 wallets, they created a strong illusion of demand and then withdrew the orders, resulting in a significant liquidation event. The attacker self-liquidated $4 million in collateral, causing a $4.9 million loss for HLP. Specter believes that the attacker was able to withstand such a large loss possibly because they had shorted the token on a centralized exchange. Further on-chain fund flows indicate that it is related to BTX Capital. The wallets involved in the TST manipulation, Bybit deposit wall

11 minutes ago

In the last 1 hour, the entire network has seen a total of $316 million in liquidations, with long positions being the primary liquidated positions.

On November 14th, based on Coinglass data, a total of $316 million was liquidated across the network in the past 1 hour. Among them, $307 million was in long liquidations and $8.89 million was in short liquidations.

11 minutes ago

Trader Eugene: Currently not looking to buy the dip, $90,000 will be the first key area of interest

On November 14th, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Bitcoin has finally dropped below $100,000. This mainly occurs for two reasons: 1. This represents the last line of defense for the high-cycle bulls to sustain the bull market structure. Since the start of this cycle in 2022, the 50-week trendline has been broken for the first time. 2. $100,000 is an extremely significant psychological barrier. After being held around this level approximately 3-4 times, it has finally been broken through. Now, it will be regarded as a new resistance level. Based on the above situation, I have no intention of bottom fishing this time. I will consider the area just above $90,000 as the first key support zone. It is time to switch to the defense mode."

11 minutes ago