According to Cointelegraph, Glassnode data shows that Bitcoin whales are still in a strong accumulation zone, with large holders (whales and sharks) holding 100-1000 or more bitcoins absorbing Bitcoin at the fastest rate in history. The current absorption of this group has exceeded 300% of the annual issuance of Bitcoin. At the same time, the Bitcoin holdings on the exchange continue to decline, with an annual absorption rate of -200%, indicating that investors are more inclined to hold for the long term or self custody.
In addition, addresses holding over 10000 BTC have a trend accumulation score of about 0.7, indicating that they are still in a strong accumulation state. Technical analysis shows that Bitcoin has broken through its multi month downward wedge shape. If the current trend continues, the price may exceed $100000 in May. $88800 is a key resistance level to reverse the market structure, and if it cannot break through the bulls, it may not be able to maintain its strong momentum.
The popularity ranking shows that T's popularity has decreased by 30000 followers compared to yesterday, ranking first. The popularity ranking is as follows:
① T （$0.01905，-9.46%）
② ETH （$1603.01，1.01%）
③ MEME （$0.002079，3.28%）
④ SOL （$139.39，3.47%）
⑤ AERGO （$0.2742，13.82%）
The buying power of T's main funds is strong, with a net inflow of $23.961 million in 24 hours and a transaction volume of $1.157 billion in 24 hours, of which the net inflow of the main funds is $20.784 million.
KiloEx stated in an article on X platform that they will work with the SlowMist team to produce a post event summary, which will disclose more details and future security plans. Thank you again to CZ, Binance, and BNB Chain for their prompt assistance in establishing the initial war room and contacting security companies and partners to jointly handle this incident.
BlockBeats news, on April 19th, according to official sources, KiloEx announced that they will work with the SlowMist team to produce a post event summary, which will disclose more details and future security plans. Thank you again to CZ, Binance, and BNB Chain for helping KiloEx establish the initial emergency response command center in a timely manner, and contacting security companies and partners to jointly handle this incident.
