Analyst: Institutional entry and future interest rate cut expectations may drive Bitcoin up

According to Foresight News, a certain whale/institution transferred 1485 BTC worth approximately $139 million to Binance 30 minutes ago. They have withdrawn 5700 BTC from Binance in the past 11 months, with an average price of $80449. Two months ago, they began to gradually transfer BTC to Binance for sale, and today's 1485 BTC is the last one. The overall average price of BTC transferred to Binance is $89244, with a profit of approximately $50.13 million.

DOGE's current price is $0.1742, a decrease of 3.79% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.6 million US dollars, with multiple orders being the main liquidation and DOGE liquidation of 1.66 million US dollars (14.31%). The data is for reference only.

OKX-BTC/USDT is currently trading at $93060.30, with a 24-hour increase of 0.14%. Please be aware of market fluctuations.

Odaily Planet Daily News: The Movement Foundation officially announced that it will launch the DeFi Spring program today, with a duration of one year and providing up to 250 million MOVEs as incentives. The DeFi Spring project is divided into two parts: the first part is a Move based liquidity incentive, where users can use Arche Protocol Canopy、Echelon、Joule Finance、LayerBank、Meridian、mirage protocol、Mosaic、Movedrome、MovePosition、PicWe、Pontem Lumio、Route-X、YUZU Waiting for Dapps to conduct transactions or provide liquidity to obtain incentives, this part of incentives has now been launched; The second part is the re deposit incentive for Cornucopia assets, and the re deposit window will be opened in the next few days after Cornucopia assets are unlocked.

BlockBeats News: On April 24th, MEXC launched a new user exclusive BTC regular wealth management activity at 18:00 (UTC+8) on April 8th! By subscribing and trading BTC, you can enjoy up to 99% APR. The event is currently underway and will end on May 9, 2025 at 18:00 (UTC+8).