Aave has suspended the lending market on Avalanche.

According to PRO's "Large Transaction" tracking, from 04:40 to 04:58, Binance BTC spot major sellers sold off, with a total of 9 large market sell orders, amounting to $18.76 million, with an average selling price of $79,290.04. The continued outflow of major funds is putting pressure on prices. As of press time, the price of BTC has fallen by approximately 1.53% from the average selling price of major funds. Large sell orders from major players at market price are often a warning sign of risk. Become an AiCoin PRO member and unlock the "Large Transaction" indicator to get immediate insight into the intentions of major players exiting the market. The data is for reference only and does not constitute any investment advice.

Binance - BTC/USDT is currently trading at $77994.62, down 0.50% in the last 5 minutes. Please be aware of market volatility.

OKX founder Star posted on X, praising Circle and Tether's handling of the suspected Binance hack and calling on exchanges and stablecoin issuers to jointly establish an industry-wide security response mechanism. Star proposed that the industry needs to establish a real-time early warning system to share information and coordinate responses when hacker attacks occur, and to temporarily freeze stolen funds before they are transferred. Circle has cooperated with law enforcement to freeze over 800 million USDC, and Tether has also frozen multiple related USDT transactions.

Crypto.com CEO Kris Marszalek stated that Crypto.com was unaffected by the Binance cyberattack, the platform is operating normally, and all funds are safe. The Crypto.com team is actively blocking addresses related to the hack and has contacted Binance for assistance.

Bitcoin prices fell below $79,000, hitting a six-week low, but showed resilience in the face of the Binance hack. (Bitcoin Archive)