Analysis: Cryptocurrency trading volume decreased by 20% in February due to concerns from investors over tariff threats

According to BlockBeats news, on March 14th, analyst Benjamin Cowen told subscribers in his latest report that the current situation for ETH is similar to that of 2019 and may require a change in the Federal Reserve's monetary policy to allow the ETH/BTC exchange rate to bottom out and rebound. Cowen stated that the price of ETH fell below its support level in 2019, coinciding with the end of the Federal Reserve's quantitative tightening policy. People feel that the market is very difficult to make money in this cycle because the monetary policy has not changed during this cycle. In the previous cycle, the market witnessed a shift in monetary policy one year before the halving. At present, we are in the year after the halving, but there has been no change in the quantitative tightening policy. The Federal Reserve has only slightly reduced its size and slowed down its pace, but it has never truly stopped.

According to monitoring by EmberCN, a highly leveraged trader has successfully arbitrage again on the Hyperliquid platform. He recharged 4.03 million USDC as margin to Hyperliquid at 4 am and extended 50000 ETH (approximately 93 million USD) at the price of 1856 USD with 25x leverage. Subsequently, the trader closed the position at an average price of $1880 around 7am and successfully made a profit of $1.18 million. It is worth noting that the trader will convert the withdrawn USDC into ETH every time they make a profit, and only exchange ETH back into USDC when they need to engage in leveraged trading again.

Today, two cryptocurrency projects are unlocking tokens: ZKJ unlocks approximately 17.22 million pieces (approximately 35.13 million US dollars), accounting for 1.722% of the total supply. The current circulation is 230 million pieces, with a total of 1 billion pieces; WMTX unlocks approximately 16.04 million pieces (approximately 2.9 million US dollars), accounting for 0.802% of the total supply, with a current circulation of 960 million pieces and a total of 2 billion pieces; If the unlocked tokens flow into the market or there is a tendency to sell, please pay attention to the market changes after the tokens are unlocked.

According to Foresight News, Vest, a trading platform based on ZK technology, has launched a points system to track and reward activities within the ecosystem. Officially, the team will distribute 1 million points per week within 6 months. Users can accumulate points by trading, providing liquidity, and interacting with the platform (including future products). Points will be distributed every Wednesday at 22:00 Beijing time.

According to data from Alternative. me, the cryptocurrency panic and greed index fell again today, dropping to 27 (yesterday's 45), with the level still classified as panic.