QCP Capital analyzed in a post on the TG channel that nearly $1 billion in positions in the cryptocurrency market have been liquidated since Friday, and even BlackRock's IBIT BTC ETF has ended its 34 day record of inflows, with outflows of $430 million.
However, the Bitcoin market remains remarkably calm, hovering above $102000 despite significant volatility, proving its potential support level. At present, the volatility of Bitcoin is steadily decreasing, and the risk reversal of each term has begun to normalize, indicating that the market expects a relatively mild price trend in the short term. Although some investors have fled, there are also some investors who have doubled their bets, such as Strategy and Metaplanet, who are clearly not to be outdone. Metaplanet bought BTC worth $114 million after the market price fell, bringing its total holdings to a symbolic 8888.
BTC is currently priced at $104928.39, with a 0.68% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.26 million US dollars, with multiple main liquidation orders and a BTC liquidation of 3.24 million US dollars (31.57%). The data is for reference only.
Odaily Planet Daily News: Morgan Stanley Research's strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the US dollar over the next 12 months is a key theme for Morgan Stanley Research. They said, 'We expect the US dollar to continue to weaken due to the convergence of US interest rates and economic growth with its peers.' The increase in foreign exchange hedging flows will lead to a further rise in risk premiums, which will increase selling pressure on the US dollar. Other safe haven currencies such as the Japanese yen, Swiss franc, and euro are expected to benefit from it. (Golden Ten)
According to BlockBeats, on June 2nd, James Wynn, a whale, posted his Bitcoin multi position chart on his social media platform and "@" Wintermute's official account said, "I'm back.
Regarding this, crypto analyst @ ai_9684xtpa stated, 'As we all know, the previous round of BTC's multiple single defeat was clearly targeted by someone. If we openly challenge him like this, is this' whale hunting squad' winter? '? Indeed, the amount of funds and trading ability can be matched, and there is another great show to watch
According to Foresight News, SlowMist has issued a warning stating that its team recently discovered a suspicious tool claiming to have "risk authorization" in its wallet while assisting users, and induced users to paste private keys to solve the problem. After investigation, the website signature [.] land has been confirmed as a phishing platform and has been flagged as a malicious website by the Web3 anti fraud platform ScamSniffer. The investigation found that the website's UI imitates the legitimate Revoke tool, and the risk result is forgery. All user input content will be directly sent to abpulimali @ (gmail. com). Operator Titan - uses various deceptive methods, including impersonating a SlowMist employee, using Zachxbt's avatar on Telegram, commenting on encrypted user posts through an X account with 74000 followers, falsely claiming that the wallet is at risk and leading to phishing links.
