ETH falls below the $3300 mark
OKX-ETH/USDT is currently trading at $3304.12, a decrease of 0.83% in 24 hours. Please pay attention to market fluctuations.
OKX-ETH/USDT is currently trading at $3304.12, a decrease of 0.83% in 24 hours. Please pay attention to market fluctuations.
[DeFiance Capital CEO: Marginal Risk Capital in Crypto Markets Relies on Offshore and Korean Exchanges] DeFiance Capital CEO Arthur stated that his trading performance has significantly improved recently by ignoring macroeconomic noise and focusing on the supply and demand dynamics of the cryptocurrency market. He pointed out that although the U.S. traditional financial sector holds an optimistic attitude toward the crypto market, this sentiment may be difficult to sustain without seeing substantial capital actually entering the market. Arthur emphasized that the primary sources of marginal risk capital in the current crypto market remain concentrated in offshore and Korean centralized exchanges. However, the capital inflows into these exchanges have been declining for several consecutive months, which may potentially impact market liquidity.
A new wallet address (0x96ea) was created 3 days ago and opened a long position of 32000 ZECs with a total value of approximately $16.3 million. At present, the unrealized profit of the address reaches 2.7 million US dollars, and the liquidation price is 373.13 US dollars. (Lookonchain)
[Smart Money Turns to Long ETH After Flash Crash, Position Value Exceeds $43 Million] According to hypurrscan data, after the flash crash on October 11, smart money that previously used 25x leverage to long ETH cleared its short positions yesterday and turned to long. Its 25x leveraged Ethereum long position has been continuously increased over the past hour, with the current position reaching 12,938 ETH, valued at $43.83 million, and a liquidation price of $3,150.92.
[UBS Completes First Tokenized Fund Transaction Based on Chainlink Technology] UBS Group announced the completion of its first tokenized fund transaction based on Chainlink's Digital Transfer Agent (DTA) technology standard. This transaction involved the on-chain subscription and redemption processes for UBS's USD Money Market Investment Fund Token (uMINT), showcasing the automated application of blockchain in fund operations. DigiFT, as the on-chain fund distributor, was responsible for initiating and processing subscription and redemption instructions. The tokenized fund workflow covers all stages of the fund lifecycle, including order reception, execution, settlement, and synchronization of on-chain and off-chain data.
**[Australia Imposes Sanctions on North Korean Hacker Groups Suspected of Cryptocurrency Theft]** On November 6, the Australian Department of Foreign Affairs announced financial sanctions and travel bans against cybercrime organizations and individuals associated with the North Korean regime. The sanctions target North Korea's Reconnaissance General Bureau-affiliated hacker groups "Lazarus Group," "Andariel," "Chosun Expo," and "Kim Su Gil" (transliteration), as well as Chosun Expo-affiliated hacker Park Jin Hyok (transliteration). Park Jin Hyok and the Lazarus Group are suspected of involvement in ransomware attacks, while other organizations have been accused of cyberattacks targeting critical infrastructure such as international healthcare systems and nuclear power plants. According to the "Multinational Sanctions Monitoring Team (MSMT)" report, these groups stole approximately AUD 1.9 billion (equivalent to KRW 1.8 trillion) in cryptocurrency last year. The sanctioned entities had previously been subjected to sanctions by South Korea and the United States.