OKB falls below the $120 mark

During last night's US stock market, five whales' long positions totaling approximately $19.19 million were forced to close, resulting in a loss of approximately $2.7666 million, involving assets such as LITE, NBIS, SOXL, RKLB, and CBRS. Among them, LITE's multiple positions were forced to be liquidated by 7.3461 million US dollars, resulting in a loss of 1.1538 million US dollars; NBIS's multiple positions were forced to be liquidated by 1.8421 million US dollars, resulting in a loss of 376900 US dollars; SOXL and Oracle's multiple positions were forced to close by a total of 5.615 million US dollars, of which SOXL was forced to close by 4.743 million US dollars, resulting in a loss of 398800 US dollars; RKLB's long position was forced to be liquidated by 2.4902 million US dollars, resulting in a loss of 740000 US dollars; CBRS' long position was forced to close by 1.8962 million US dollars, resulting in a loss of 97100 US dollars.

SlowMist revealed that UNCX was attacked due to a vulnerability in the contract function VestingManager. cancel (uint256), resulting in a loss of approximately $86000. The attacker lowered the conversion rate by transferring tokens to the management contract and cancelled the plan to release shares, resulting in an excessive reduction of global shares and the withdrawal of excess tokens from the shared pool.

Yi Lihua, founder of Liquid Capital, said that in the future, attention should be paid to the bottom hunting position. With reference to the bull market of Bitcoin in 2023, the market will rebound quickly and start a new round of rising market after falling to a specific position.

Tether paid over $6 million to Nxcum, a consulting firm owned by Bo Hines, raising concerns about potential conflicts of interest. (Source: The Wall Street Journal)

Yi Lihua, founder of Liquid Capital, said that Bitcoin has fallen below the strong support level of $81000, and insisted on watching the correction during the shock period in October. Yi Lihua suggests paying attention to the timing of bottom fishing, referring to the bull market situation in 2023. It is expected that Bitcoin will quickly rebound after falling to a specific position and start a new round of rise. Yilihua suggests participating in spot trading and avoiding contracts.