In the past 12 hours, large transactions showed a net outflow of $30.64 million from the main funds, of which the total amount sold was as high as $47.05 million, with a buy to sell ratio of 1:2.87, showing a clear short selling trend. Especially with two consecutive large market price sell orders exceeding $5.9 million at 16:40 on the 20th, the price was directly suppressed to below $118000. Combining with the latest K-line pattern, a cross star has appeared, and the market direction is brewing a reversal. The current price is below the EMA24/52 moving average, and with large transaction data, the downward trend may continue further. Want to capture the main trend in the first time? By opening a membership, you can track every large transaction of over $500000 and accurately grasp market turning points! 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.

According to a report by Golden Finance, Sumit Gupta, co-founder of the Indian cryptocurrency exchange CoinDCX, who was exposed by "on chain detective" ZachXBT yesterday for being hacked, reiterated in a post on the X platform that customer funds are safe and all user assets are stored in isolated cold wallets. The incident is limited to a single operable liquidity provider account, and transactions and withdrawals are proceeding normally. CoinDCX is working with law enforcement agencies to recover stolen funds and is about to launch a recovery bounty program.

OKX-LTC is currently priced at $118.18, with a 24-hour increase of 16.36%. 24-hour transaction volume of 2.6 billion US dollars, up 62.61%, for reference only

Recently, the collapse of the billion dollar scam "Xinkangjia", which claims to have a "daily interest rate of 2%", has aroused the attention and vigilance of the whole society towards new types of online fraud. Regulatory intensity is blowing the whistle. According to incomplete statistics from First Financial, since July, financial regulatory departments in many places including Guangdong, Yunnan, Hunan, Liaoning, Heilongjiang, Zhejiang, Fujian, etc. have issued intensive warnings about the risks of illegal fundraising under the name of "virtual currency" and new types of online fraud. First Financial has found that although the new type of online fraud may seem dazzling, it remains true to its roots and presents multiple commonalities. For example, exaggerated advertising and false promises, commonly used phrases include "guaranteed profit without loss", "high fixed income", "capital preservation and interest payment", etc; For example, the yield is abnormally high, claiming a daily chemical yield of 1% or even 2%, with an annualized yield exceeding 300%; For example, through the "head pulling" mechanism, users are encouraged to promote a certain project and promise hierarchical rewards. These online scams usually have a common name, which is "fund disk". Lawyer Huang Jinliang from Yingke (Shenzhen) Law Firm in Beijing told reporters that there is now a term in the legal community called "pyramid scheme fundraising fraud", which refers to the act of committing fundraising fraud through pyramid schemes. (First Financial)

The current price of ETH is $3706.44, with a 4.37% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 136 million US dollars, with the main liquidation being short orders and ETH liquidation being 40.96 million US dollars (30.07%). The data is for reference only.