Data: This week, the US spot Bitcoin ETF purchased 4349.7 BTC, while the mining output during the same period was 2250 BTC

OKX-ETH/USDT is currently trading at $1600.13, with a 5-minute increase of 0.19%. Please be aware of market fluctuations.

According to former hedge fund analyst Alphatica, SPY (S&P 500 ETF Trust) closed at $737.55 on Friday, down 2.6% in a single day. The expiration of the option cleared a negative gamma of up to $871 million at the exercise price of $740, causing the total negative GEX to drop from its intraday peak of $1.847 billion to $868 million, reducing selling pressure. Multiple indicators turned short: the comprehensive score was -22.9, the IV skewness reached+5.35%, and the daily bearish premium reached $3 billion. The rebound factors include Vanna reading reaching 190800, and if IV falls from 15.7% or triggers buying. Alphatica stated that the market will face two possible scenarios on Monday, and attention needs to be paid to whether institutions will rebuild the market structure.

According to Onchain Lens monitoring, James Wynn has created a 25 times leveraged ETH long position and holds a 40 times leveraged BTC long position, currently making a profit of $5100, but very close to the clearing price of $59841.13.

According to cryptocurrency analyst Ai Yi @ ai_9684xtpa monitoring, three addresses that are highly likely to belong to Ethereum co-founder Joseph Lubin have pledged a total of 412400 ETH, worth approximately $653 million, and lent out 259 million DAIs. During yesterday's ETH decline, the position health dropped below 1.2 at one point, followed by the addition of 110000 ETH collateral, and the health level rebounded to above 1.48. Ai Auntie stated that Joseph Lubin obtained 540000 ETH through an Ethereum ICO in 2015 at a cost of approximately $0.31, and the risk of clearing lending positions has now been reduced.

An Ethereum OG previously sold 60000 ETH ($117 million) and 9442 WStETH ($240 million) for approximately $2040, and recently began repurchasing them. In the past two days, he purchased 35700 ETH at an average price of $1563, spending $558 million, and may continue to increase his holdings. （Lookonchain）