The new regulations in the Cayman Islands are scheduled to take effect on April 1st, and cryptocurrency custody and trading companies must obtain operating licenses

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OKX-ETH/USDT is currently trading at $1905.20, with a drop of 6.83% in 24 hours. Please pay attention to market fluctuations.

JUST IN: VanEck's spot Solana SOL ETF registered in Delaware.

According to BlockBeats, on March 11th, according to The Data Nerd monitoring, Whale 0x6F8 released 7.69 million OMs (approximately $48.38 million) from staking and deposited 5 million OMs (approximately $30.78 million) into Binance. Last year, he bought tokens at an average price of $0.031, and if he sold them all at the current price, he would make a profit of approximately $30.62 million, with a return on investment of 197 times. Currently, he still owns 2.69 million OMs (approximately $16.63 million).

At 2am, the K-line of the cycle showed that BTC prices briefly dropped to $78061, but then three large transactions occurred. Among them, a large market price sell order of $6.07 million was suppressed, followed by a large market price buy order of $3.07 million, indicating that the main funds began to layout and buy at the bottom. Combined with the KDJ indicator, it has entered the oversold area, and the probability of short-term rebound has increased. The current EMA24 and EMA52 moving averages are in a bearish position, but the KDJ indicator is converging, and with the emergence of large buy orders, it may imply a weakening of downward momentum. Be the first to grasp the main trend, and large transaction indicators help you identify opportunities! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.