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IntoTheBlock: Bitcoin Held in 1K-10K Addresses Witnessed an Outflow of 25,740 BTC in the Last 7 Days

4 hours ago

On February 26th, IntoTheBlock released a post indicating that in the range of addresses holding 1,000 to 10,000 Bitcoin, the main sellers were during this recent drop. They sold off 25,740 BTC in the past 7 days. However, overall on-chain data shows that Bitcoin addresses are accumulating in general. This suggests that many traders are taking the opportunity of the lower prices to increase their holdings of BTC.
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The LIBRA and MELANIA teams are engaging in wash trading through a wash trading scheme.

On February 26th, as monitored by LookOnChain, the LIBRA and MELANIA internal teams are engaging in money laundering through "wash trading." The team used 19,846 SOL (approximately $2.76 million) to purchase a meme coin (POPE) with a market value of less than $150,000 and finally sold it for 175 SOL (approximately $24,000), resulting in a loss of $2.73 million. This $2.73 million was effectively transferred to other wallets in a "legitimate" manner.

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In the last 4 hours, the total liquidations across the network surged to $121 million, with the majority coming from long positions

On February 26th, based on Coinglass data, the total liquidations within the past 4 hours have experienced a significant surge to $121 million. Specifically, the long liquidations reached $113 million, while the short liquidations totaled $8.92 million.

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Bitcoin Drops Below $86,000

Update: On February 26th, based on HTX market data, Bitcoin fell below $86,000 and is currently trading at $85,909.

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Ethereum Falls Below $2400

On February 26th, based on HTX market data, Ethereum has fallen below $2,400 and is currently priced at $2,396.

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In the past 4 hours, there has been a total of $64.64 million in liquidations across the entire network, with the majority coming from long positions.

On February 26th, according to Coinglass data, within the past 4 hours, the total liquidation across the network reached $64.64 million. Among them, there was $59.77 million in long liquidations and $4.92 million in short liquidations.

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Bitcoin Drops Below $87,000

On February 26th, based on HTX market data, Bitcoin has fallen below $87,000 and is currently trading at $86,828.

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