According to Onchain Lens monitoring, in the past 48 hours, a giant whale wallet sold 4.7 million SPX at an average price of $1.22, in exchange for $5.77 million in USDT and USDC.
At the time of the release of non farm payroll data, the volatility of the BTC market intensified, with the low point gradually rising, forming a clear upward trend. At this point, by using the trend line ordering tool on AICoin PC, one can easily seize the opportunity to enter the market after a pullback and achieve maximum returns. The advantages of placing orders on the trend line: 1. Automated trading: When the price reaches the preset trend line, the system automatically executes trading instructions, saving time and effort, and eliminating manual operation errors. 2. Accurately grasp the reversal point: if it falls below the upward trend line, the market may rebound; Breaking through the downtrend line, the market is expected to accelerate its upward trend. By using trend lines, you can predict and follow market trends for operations. Note: The US Bureau of Labor will release non farm payroll data at 21:30 tonight, and there may be significant fluctuations in the market at that time. When using trend lines to place orders, please be sure to set profit taking and stop loss, and take risk control measures! Trend Line Ordering Tutorial: https://www.aicoin.com/zh-Hans/article/378832
The main large order can be combined with the position difference indicator to judge the main force to open and close the position. Open PRO members can follow the main trading operations in time
Bitcoin (BTC) has not broken below $90,000 since Nov. 18, and continues to swing between $90,000 and $100,000. The sentiment generally flips bullish when bitcoin approaches $100,000 and investors try to continue the bull market. However, this also works the other way and as bitcoin heads toward $90,000, like on Thursday, investors turn bearish. Bitcoin will move where maximum pain occurs, so far that is the chopping period between these two valuations. Derivatives in bitcoin play a large part in these volatile price swings; derivatives such as futures and options only make up a few percentage points of the overall market capitalization but are becoming a greater influence in the market.One metric that traders keenly observe is the futures perpetual funding rate. This is defined as the average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. During a bull market, bitcoin tends to have a positive funding rate as traders believe the price will continue to rise, but when the market gets overheated, it tends to run out of steam, and the price starts to fall, which leads to liquidation cascades.However, the same is true for the bear market as price floors become developed over the years, prices can rebound quickly, leading traders to scramble to cover. In these moments, local bottoms are formed.As of yesterday, Glassnode data shows that the funding rate briefly went negative -0.001%, the first time this year and only a few times since November. This lead to a leverage flush and a sentiment re-shift before bitcoin moved back above $94,000. A negative funding rate doesn't always lead to immediate price rebounds or bottoms, but can be watched alongside other price-chart tools and technical indicators to form a market view. Negative funding rates could also signal a continued bear market rather than an immediate bottom. Similarly, positive rates during a bull market might not mean the market is overheated, but could reflect continued strong demand.Since 2023, the funding rate has mostly been positive due to bitcoin being in a bull market, yet it has come with brief periods of negative rates, which tend to occur during price bottoms. This was seen during the Silicon Valley Bank collapse in 2023, and 2024, just before bitcoin climbed higher in both years.A floor tends to emerge when the funding rate goes negative and bears become overconfident. The same occurs when bulls become complacent, and the spot price can no longer keep up with the leverage being used. On both occasions, traders tend to get liquidated, and in this instance, it was the bears.
U.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday.The bank cut its price target for MARA Holdings (MARA) to $20 from $24, while maintaining its hold rating on the stock. The shares rose 0.5% to $18.43 during early trading Friday.Mining profitability improved in December as the average price of bitcoin gained 15%, outpacing the increase in the network hashrate, which was 6.5% higher, the report said.The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the industry and mining difficulty.Average daily revenue was $59,585 per exahash, a 7.1% increase from November, Jefferies said.U.S.-listed mining companies mined 3,602 bitcoin in December versus 3,404 the month previous, the bank said. Jefferies noted that MARA mined the most bitcoin last month with 890 tokens, followed by CleanSpark (CLSK) with 668.MARA's installed hashrate remained the largest in the sector at 53.2 exahashes per second (EH/s). CleanSpark had the second-largest hashrate with 39.1 EH/s, the report added.Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan
The app page shows that Binance Alpha has added VADER token online. It is reported that VaderAI aims to become a&34; AI Agent Economy&34; The BlackRock of the times.