Main Password: BTC Price Confidence Weakens, Main Trader Deals $200 Million Bet on This Direction

OKX-ETH/USDT is currently trading at $3709.20, up 0.21% in 5 minutes. Please be aware of market fluctuations.

OKX-BTC/USDT is currently trading at $115539.50, with a 5-minute increase of 0.11%. Please be aware of market fluctuations.

Cosmos’ ATOM token posted a strong performance over the past 24 hours, defying broader market uncertainty with decisive upward momentum.

The Plasma Foundation has officially become a member of the Blockchain Association, a lobbying organization for the US blockchain industry. Jacob Wittman, General Counsel of the Plasma Foundation, stated in a post that the association plays an important role in advocating for digital asset policies, and the Plasma team will participate in subsequent industry dialogues with Dan Spurler, Summer Mersinger, and others.

According to BlockBeats, on August 4th, according to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, "insider trader" @ qwatio closed XRP and SOL short positions half an hour ago, with a cumulative loss of $1.644 million. Yesterday, there was a floating profit of 12 million US dollars. At present, there are still $105 million worth of BTC and ETH short positions left, with BTC in a floating profit state due to an opening price of $116736.3 and ETH losing $1.094 million.