ETH falls below the $1900 mark

The GMCI Meme index’s largest holdings have faced substantial selling pressure as speculative traders exit.The following is an excerpt from The Block’s Data and Insights newsletter.

The current price of HTX-ETH is $1939.57, with a 2.40% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.01 million US dollars, with the main liquidation being short orders and ETH liquidation being 3.08 million US dollars (30.83%). The data is for reference only.

In the past 12 hours, the main force's buying volume for large orders reached $226 million, far exceeding the selling volume of $101 million. The net inflow reached $125 million, with a buy to sell ratio of 2.24:1. The main force has a strong willingness to go long. Especially at 19:23 and 22:47 last night, two consecutive large buy orders exceeding $24 million showed the main intention of attracting funds. The current BTC price remains stable above the EMA24 and EMA52 moving averages, which show a golden cross upward. The golden cross above the MACD zero axis confirms upward momentum. Although the J value is currently overbought, there are clear signs of the main funds bottoming out, and the room for correction is limited. Main single order indicators help you accurately capture institutional trends and lock in market turning points in advance! Open membership immediately and seize market opportunities ahead of time. The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

Odaily Planet Daily News: Razer's official website shows that Razer has integrated World ID technology to verify the identity of Razer ID users. World ID was developed by Tools for Humanity and co founded by Sam Altman, dedicated to building a global digital identity system that provides a "Proof of Humanity" in a privacy preserving manner. In addition, renowned trader Eugene stated on TG channel, "This has nothing to do with my long position, but I think it's very interesting - Proof of Humanity technology is being adopted by real-world companies He believes that this marks the gradual recognition and application of Web3 authentication technology by mainstream technology companies.

Odaily Planet Daily News: According to Lookonchain monitoring, on March 17th, 10 US Bitcoin ETFs had a net inflow of 641 BTC, of which ARK 21Shares had an inflow of 1187 BTC. Currently, it holds 47431 BTC, worth approximately 3.98 billion US dollars; Nine Ethereum ETFs had a net outflow of 48979 ETH, of which 22610 ETH flowed out of Grayscale ETF. Currently, Grayscale ETF holds 1214497 ETH, worth approximately $2.34 billion.