The price of Binance ALPACA/USDT has reached a new high in nearly three months, currently trading at $0.197, up 256.65% in 24 hours, with a turnover of $112 million. After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)

According to the weekly report on cryptocurrency holdings released by CME, there are 28202 BTC holdings, an increase of 3.96% compared to the previous period; ETH holdings reached 15457, with a month on month increase of 7.80%.

“Miami provides an exceptional setting for innovation and collaboration,” said Consensus Chair Michael Lau.

In the past 12 hours, a total of $658.9 million in large market buy orders, $51.66 million in sell orders, and a net inflow of $14.23 million have been completed, indicating a strong willingness of the main funds to go long. However, there were two consecutive large sell orders within the latest 1-hour cycle, selling a total of $3.57 million, indicating that short-term market pressure is accumulating. The current K-line pattern shows a combination of top parting and bearish swallowing, coupled with the KDJ dead cross signal, further verifying the adjustment risk implied by large sell orders. Although the price is still above the EMA24/52 moving average, the upward momentum may be nearing its end. Be the first to open a membership, track the main trends in real time, grasp every large transaction of over $500000, and not miss any key buying and selling signals! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing major sovereign nations, the report projected.