Last night, the cryptocurrency market plummeted by over 7%, with contracts worth over $500 million being liquidated. According to tracking of large transactions, during the decline, the main players in the Asian market hit hard:
Binance spot major investor: sold $103 million BTC and $29.89 million ETH
OKX spot main players: Sell $22.08 million BTC and $37.93 million ETH at market price respectively
At present, BTC spot traders on Binance continue to sell, with a focus on the $96000 level, with support at $94220 below and pressure at $97750 above.
Large transactions: Track the trading situation of the main market price. When there are large sell orders concentrated, it can be regarded as a signal of the main force smashing the market.
The market fluctuates greatly, please take good risk control measures. The data is for reference only and does not constitute any investment advice!
